South Korean Foundation to Return Funds from Defunct Exchanges
The Digital Asset User Protection Foundation, established to facilitate the return of funds frozen in defunct exchanges, will provide a new ally to South Korean cryptocurrency exchange customers. The self-regulatory Digital Asset Exchange Joint Consultative Group (DAXA) submitted an initiative to establish the foundation to South Korea’s Financial Services Commission (FSC). Activities for the foundation […]
Visa Leads Tokenization of Real World Assets for Banks
Visa has partnered with dtcpay to enhance its global cryptol payments facilitating safer, more convenient international transactions. Visa has introduced a new initiative known as the Visa Tokenized Asset Platform (VTAP). This new initiative aims to simplify the process for financial institutions to issue and experiment with tokens backed by financial assets. The platform’s purpose […]
Mt. Gox Wallets Move $2.85B in Bitcoin
Earlier this year, Mt. Gox began compensating customers via platforms like Kraken, Bitbank, and BitGo, which had already impacted Bitcoin’s price. Mt. Gox has transferred a significant portion of its Bitcoin holdings. Speculations have arisen as a result of this event, suggesting that the bankrupt cryptocurrency exchange may be considering the possibility of making Bitcoin […]
BitcoinOS Launches BitSNARK ZK Verification for Bitcoin Privacy
BitSNARK, a zero-knowledge (ZK) verification protocol for Bitcoin, has been open-sourced by BitcoinOS (BOS) to enable private transactions on the Bitcoin blockchain. BitSNARK is the first protocol to introduce zk-SNARKs (Succinct, Non-Interactive Argument of Knowledge) to Bitcoin. Cointelegraph received a press release that stated the protocol preserves privacy in smart contracts and transactions on the […]
TapSwap Airdrop Faces Delay, Similar to Pi Network
TapSwap airdrop, originally set for July, has been delayed again to Q3 due to ongoing platform development and talks with tier-1 exchanges. The developers mentioned in a relatively vague X post that they were working on “a plethora of exciting news and announcements,” but they did not specify the date of the airdrop. The most […]