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Government to allow smartphones to replace existing ID cards Korea sees economic value of digital IDs at around 3% of GDP A pedestrian usesa smartphone at Seoul Station in Seoul, South Korea. Photographer: SeongJoon Cho/BloombergSouth Korea plans to offer a digital identity secured by blockchain to citizens with a smartphone as it taps into the worldâs most tech-savvy population to...
Twitter critics accused Maren Altman, who has more than 1.8 million social media followers, of not being forthcoming about her deal with the now-bankrupt crypto lender. The influencer says her marketing sponsorship role is no different than doing fashion ads. Crypto influencer Maren Altman (Maren Altman) Maren Altman, a popular bitcoin and ether-focused astrologist, is suddenly a fallen star among...
The SEC must submit its brief by Nov. 9. After that, Grayscale will then submit a reply brief on Nov. 30 before both parties submit a final brief on Dec. 21. The SEC must submit its brief by Nov. 9. After that, Grayscale will then submit a reply brief on Nov. 30 before both parties submit a final brief on...
The South Korea-based crypto investment firm failed to make a payment on a $3.4 million loan to TrueFi, a decentralized lending protocol. Falling dominoes (Getty Images) South Korean blockchain investment firm Blockwater Technologies defaulted on a loan from TrueFi, a decentralized lending protocol, TrueFi said in astatementSunday. According to the statement, TrueFi issued a ânotice of defaultâ to Blockwater on...
The chain has now resumed operations after fixing a exploit that allowed an attacker moved $100 million-$110 million in crypto off the Binance-linked blockchain. Binance's CZ speaking at Messari Mainnet (Danny Nelson/CoinDesk) BNB Chain isback in operationas of 07:00 Coordinated Universal Time (UTC) after it was forced to hit the brakes on Thursday after the blockchain with ties to the...
The fund has raised about $5 million since sales opened in late September Fidelityâs new Ethereum Index Fund will offer clients access to ether (ETH), the second-largest cryptocurrency by market capitalization. The fund has raised about $5 million since sales started on Sept. 26, according to a filing with theU.S. Securities and Exchange Commission. The minimum investment is $50,000. Fidelity...
The exchange says the issue was identified and a solution implemented. Coinbase has fixed a technical problem that caused it to temporarily halt payments and withdrawals involving U.S. bank accounts. The crypto exchangesaidon Sunday at 12:41 p.m. New York time (4:41 p.m. UTC) that the "incident has been resolved," according to itssystem status page. A few hours earlier, the company...
The company activated purchases with crypto on its technology marketplace after adding a payment feature provided by Bit2Me. TelefĂłnica, Spainâs largest telecommunications company, is enabling the purchase of products on its technology marketplace with cryptocurrencies. The company activated purchases with crypto onTu.comafter adding a payment feature provided by Spain's largest crypto exchange, Bit2Me, the crypto firm told CoinDesk. TelefĂłnica has...
The CFTCâs motion for alternative service asks a California judge to approve of the unconventional way Ooki DAO members were served. Commodity Futures Trading Commission CFTC logo (Mark Van Scyoc/Shutterstock) The Commodity Futures Trading Commission (CFTC) used unorthodox methods to serve a lawsuit against the pseudonymous members of a decentralized autonomous organization (DAO), according tocourt documents filed on Tuesday. Members...
The proposal puts forward an âopt-inâ token standard that would enable victims to report theft to a governance contract, with algorithms helping to identify and freeze ill-gotten gains. The proposal puts forward an âopt-inâ token standard that would enable victims to report theft to a governance contract, with algorithms helping to identify and freeze ill-gotten gains. Stanford University researchers have...
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