New node certification could coax more institutions into Ether staking
A consortium of big crypto companies, including Coinbase, has just launched a new certification scheme for Ethereum node operators called NORS.
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Korea’s oldest bank, Shinhan Bank, has launched a blockchain-enabled lending platform to speed up the loan process, South Korean news agency Yonhap reports on May 27.Shinhan Bank’s blockchain-powered loan system intends to boost cost and time efficiencies in the lending process, reportedly enabling the public to apply for loans online and get their credits without…
Sony debuts Soneium Minato testnet, Web3 developer incubator
Developers on the new blockchain will have a chance to receive investment and other forms of support from a wide range of Web3 firms.
UK’s Travel Rule comes into effect, could halt certain crypto transfers
The crypto Travel Rule, which came into effect on Sept. 1, aims to stop anti-money laundering and counter-terrorist financing activities carried out on-chain. Cryptoasset businesses in the United Kingdom could now begin withholding certain crypto transfers to comply with the new Travel Rule for crypto that came into effect on Sept. 1.The rules targeting virtual
Solana TVL drops by almost one-third as FTX turmoil rocks ecosystem: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The second week of November could have been a bullish week, as Consumer Price Index data released on Nov. 10 indicates lower-than-expected inflation. This resulted in a significant rally for…
South Korean gov’t makes $10.5M profit from 4-year-old Bitcoin crime haul
The coins languished in cold storage for four years after being confiscated by authorities during an arrest. 1204 Total views 13 Total shares South Korean prosecutors have finally sold a Bitcoin (BTC) haul they confiscated from a criminal in 2017 and it’s worth $10.5 million more than it was at the time of the arrest.…
39% of Canada’s institutional investors have exposure to crypto: KPMG
KPMG Canada partner Kunal Bhasin says rising debt and increasing inflation have likely attracted institutional investors into crypto.
Binance exec denied bail in Nigeria money laundering trial
Head prosecutor Ekele Iheanacho objected to bail by highlighting Gambaryan’s questionable attempt to get a new passport, allegedly due to a stolen previous one.
SEC’s ‘Crypto Mom’ warns selling fractionalized NFTs could break the law
Fractionalized NFTs and baskets of non-fungible tokens could easily be considered investment contracts under U.S. securities law, warns SEC Commissioner, Hester Peirce. 403 Total views 10 Total shares Speaking at Draper Goren Holm’s Security Token Summit on March 25, SEC commissioner Hester Peirce, also known as “Crypto Mom” warned the issuers of fractionalized non-fungible tokens…