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South Korea’s Largest Bank Reveals Crypto Custody Service Filing and Potentially Even More Crypto Services to Come
The largest bank in South Korea, KB Kookmin Bank has revealed its filing of a trademark application for KB Digital Asset Custody (KBDAC), its crypto custody service.
Senior Worker at Bithumb Triggered Hacking Vulnerability
A senior worker at Bithumb, a leading South Korean crypto exchange, is in a tight spot after a Korean court discovered that he is liable for web safety legislation breaches. As a result, his misdeeds made the crypto exchange vulnerable to a 2017 hack that led to the loss of cryptocurrency holdings worth $6 million USD.
CoinMarketCap Introduces Algorithmically Ranked Crypto Trading Pairs to Eradicate Volume Inflation
CoinMarketCap, a leading crypto data tracker, has gone a notch higher by presenting a new ranking system based on an innovative algorithm powered by machine learning. According to the company’s blog post, this new approach will enable users to make more profound trading decisions when it comes to market pairs. The new approach presented by CoinMarketCap seeks to revamp its current single metric ranking network to a combined one that will handle at least 22,000 market pairs covering more than 5,500 cryptocurrencies.
Opportunity to Thrive In Times Of Uncertainty
If history has taught us anything, it's that humanity often takes great leaps forward in times of chaos and uncertainty. This is one of those moments, but it's important that global citizens take steps to ensure that no one is left behind. Now is the time to start thinking less as nations and more as single, unified species.
Ethereum 2.0 Developer Says Phase 0 Most Likely Delayed Until 2021, Vitalik Buterin Disagrees
Justin Drake, an Ethereum Foundation Researcher working on Phase 0 of Ethereum 2.0 said the project will not go live until 2021. The announcement of the delay appeared to confuse Vitalik Buterin who disagreed that the upgrade to the network could not meet its 2020 deadline.