District Judge Forms Blockchain Law Study Group in South Korea
A group of judges, lawmakers and industry experts in South Korea are forming a new law society to discuss legal issues surrounding blockchain.
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DePIN Platform Uplink Raises $10M Led by Framework Ventures
Uplink, a company attempting to democratize internet access, announced a $10 million funding round led by Framework Ventures.The firm is a Decentralized Physical Infrastructure Network (DePIN), a sector that data provider Messari estimates could have a market value of $3.5 trillion by 2028. DePIN projects connect blockchain technology with physical systems and often offer tokens

Binance Asks Prime Brokers to Enhance KYC to Block U.S. Nationals: Bloomberg
Binance is now requiring prime brokers to enhance their KYC to block U.S. nationals, according to a Bloomberg report.In court documents unsealed in November, it was revealed that U.S. customers significantly fueled Binance’s rapid growth.Binance is asking its prime brokers to do enhanced Know Your Customer (KYC) work on clients to ensure that they aren’t

DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken
Concordia, a multi-chain risk and collateral management protocol for digital assets, has raised $4 million in a seed funding round co-led by Tribe Capital and Kraken Ventures, with Cypher Capital and Saison Capital among the other participants.The fundraise follows the protocol's public testnet launch on Aptos earlier this month. The mainnet launch is expected to…

Money Reimagined: Enterprise Blockchain Isn’t Dead
Corporations find blockchain technology challenging to use. But it's much too early to write off enterprise applications wholesale. (Moe Na/CoinDesk)Feb 5, 2021 at 5:38 p.m. UTCMoney Reimagined: Enterprise Blockchain Isn’t DeadWelcome to Money Reimagined.A snowy week has left New Yorkers chilly. But ether investors must be feeling cosy. Ethereum’s native token has risen more than…

Jim Cramer Now Says Bitcoin is ‘Topping Out’
A signal historically associated with inverse bets may spell good days ahead for bitcoin (BTC) bulls as investors in the world’s largest cryptocurrency await a key regulatory for an exchange-traded fund (ETF) product in the U.S.Jim Cramer, a former hedge fund manager and host of CNBC’s Mad Money, affirmed in a TV segment Monday that

Web3-AI: What’s Real, and What’s Hype
The Web3-AI space is one of the hottest in crypto, combining great promise with significant hype. It almost feels heretical to point out the number of Web3-AI projects with multi-billion dollar market caps but no practical use cases, driven purely by proxy narratives from the traditional AI market. Meanwhile, the gap in AI capabilities between

AVA Labs Will Splash Millions to ‘Brain Merge’ DeFi and Traditional Finance
Apr 24, 2020 at 09:47 UTCUpdated Apr 24, 2020 at 10:02 UTCEmin Gun Sirer speaking at CoinDesk Consensus AVA Labs Will Splash Millions to ‘Brain Merge’ DeFi and Traditional FinanceNow that its public testnet is live, Emin Gun Sirer’s AVA Labs wants to invest heavily in building a DeFi space more in its own image.…

Exploit Involving Aave and Yearn Helped Users Make Money
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Sage D. Young is a tech protocol reporter at CoinDesk. He owns a few NFTs, gold and silver, as well as BTC, ETH, LINK, AAVE, ARB, PEOPLE, DOGE, OS, and HTR. Join the most important conversation in crypto and Web3…