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Extremely comprehensive legislative changes for the crypto sector are close to being implemented. Dusk Network is preparing for them, and in a series of articles on the subject, seeks to help the broader crypto community to understand its obligations in what can potentially be a difficult and complex transition into a new regulatory environment.
Dusk Network has just released its fourth transparency report in which it underlines the strong financials that will enable the company to continue its cutting-edge development in fully compliant, private and decentralised finance. Despite a crushing bear market, Dusk Network has forged ahead on a road to long-term growth, all the while adapting to the fast-changing regulatory environment for cryptocurrencies.
Following on the heels of Dusk Network's upgraded ‘Daylight testnet' and updated roadmap, the company has also announced the hiring of two key team members in Berndt De Wit (Head of Marketing), and Yvo Rico (Head of Corporate Office). Berndt and Yvo will join Dusk Network as Head of Marketing, and Head of Corporate Office respectively.
The second iteration of Dusk Network's testnet has been launched. Daylight implements an upgraded staking contract which will improve blockchain stability, and will allow many more nodes to participate without any adverse effects.
Swiss privacy project HOPR association is the latest recipient of funding from Dusk Network's grants program Helios. The $5M grants program allocates funding to various research projects that focus on zero-knowledge proof technology.
Dusk Network's token, DUSK, has been officially listed on the KuCoin exchange, as of 12th May, 10:00 UTC. Trading is set to commence on 13th May, 10:00 UTC.
