South Korea to Pilot CBDC With 100,000 Citizens in 2024: Report
The Bank of Korea sees a CBDC as a potential answer to problems with existing government-issued grant systems, such as during the COVID-19 pandemic or childcare vouchers.
Austria’s Raiffeisen Bank to Roll Out Crypto Trading for Retail Customers in January
The bank will start its crypto services to customers in Vienna, in partnership with Bitpanda.
Bitcoin Supply Inactive for a Year Hits Record High of 70%
It appears bitcoin holders are not planning on offloading inventory at these price levels or any time soon, one observer said.
Binance’s Ex-CEO CZ ‘Poses a Serious Risk of Flight,’ Prosecutors Claim in Asking He Stay in U.S.
Binance CEO Changpeng Zhao leaves the U.S. District Court in Seattle, Washington. (David Ryder/Getty Images)
KyberSwap DEX Hacked for $48 Million, Attacker Teases Negotiations
Decentralized Exchange had over $80 million in total value locked before the incident.
Bitcoin’s Anti-Censorship Ethos Surfaces After Mining Pool F2Pool Acknowledges ‘Filter’
After a blockchain sleuth reported that the Bitcoin mining pool may have censored a transaction from an address blacklisted by U.S. authorities, critics responded, and so did the project’s co-founder.
Binance Settlements Could End Death-Spiral Fears – And Might Be Good News
The crypto exchange Binance’s expensive deal with U.S. prosecutors this week bears harsh consequences, but could mean a positive outlook for the company in the long term.
Bitcoin Shakes Off Binance News, Rises Above $37K as Spot ETF Approval Eyed
The world’s largest crypto exchange agreed to settle U.S. criminal charges and its founder and CEO pled guilty and agreed to step down from the company.
The Protocol: CZ’s out, Altman’s in, and Kraken’s Sued
In this week’s edition of The Protocol newsletter, we share a few trends stand out to close 2023: the proliferation of Ethereum layer-2 networks, the ascendancy of zero-knowledge cryptography and the appearance of tokens, smart contracts and now file hosting on the Bitcoin blockchain.
Tokenization and Real-World Assets Take Center Stage
Blue-chip institutions including Goldman Sachs and J.P. Morgan are trialing digital asset offerings, seeking cost savings and efficiencies.