Polkadot's new proposal to slash unstaking time to 2 days
Polkadot’s new RFC-0092 proposal aims to reduce the unstaking period from 28 days to just two days, enhancing user experience and maintaining network security.
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Japan: E-Commerce Giant Rakuten’s New Payment App Appears to Support Crypto
Japanese e-commerce firm Rakuten announced that a major update of its Rakuten Pay mobile app will be released on March 18, according to the firm’s 2018 earnings release, published on Feb. 12. The app’s new structure appears to indicate that it will support cryptocurrency payments in addition to fiat.According to the company’s presentation material for…
$22B hedge fund Point72 reportedly searching for a “head of crypto”
Reports suggest that Steve Cohen’s Point72 hedge fund is searching for a “head of crypto” as the firm weighs up its options before entering the crypto market. New York billionaire Steven Cohen’s hedge fund Point72 Asset Management, is reportedly searching for a “head of crypto.” Cohen, the 65-year-old dubbed the “Hedge Fund King”, founded Point72…
‘Samsung Coin’ Trademark Filing Unaffiliated With Samsung
On July 10, Kim Nam-jin applied for a Trademark 5 (TM5) on the name “Samsung Coin” with the Korean Intellectual Property Office (KIPO). As per the filing, it appears that Nam-jin is seeking to trademark the name in both its Korean spelling in Hangul as well as in English.However, per a July 19 report, a…
Big banks rush in to test ECB’s wholesale distributed ledger tech
The new participants in the European Central Bank’s DLT tests include major financial institutions.
Korean police seize crypto for unpaid traffic fines in trial
Local police in a suburb of Seoul have the authority to seize crypto in order to clear the balance of delinquent fines from traffic violations. 243 Total views 6 Total shares A South Korean town near Seoul has been successfully operating a pilot program that allows police to seize crypto from the exchange accounts of…
Financial group CEO claims he tried to warn Bankman-Fried about insolvency in July
Richard Handler alleged that he offered restructuring services to FTX that might have saved it, but exchange reps refused to meet with him. 202 Total views 2 Total shares Richard Handler, CEO of Jefferies Financial Group, seemingly alleged on Nov. 10 that he knew about FTX’s liquidity problems back in July. In a Twitter thread,…
Stablecoin adoption and pivot to DeFi drive Algorand (ALGO) price higher
In the past few months cryptocurrencies have become a frequent topic of discussion among the mainstream media and traditional investors partially because of the Bitcoin evangelism of well-known influencers like Elon Musk, Mark Cuban and Michael Saylor. One platform that has benefited from increased attention on the cryptocurrency sector is Algorand (ALGO), a scalable, secure, and…
OpenSea updates banned countries list sparking decentralization debate
The world’s largest NFT marketplace has confirmed that it blocks users based on the U.S. sanctions list. 201 Total views 2 Total shares U.S.-based NFT marketplace OpenSea has reportedly begun barring Iranian users from its platform, sparking outrage from NFT collectors and raising fresh debate about decentralization in the crypto space. On Thursday morning, Iranian OpenSea…