South Korea Convenes Pan-Governmental Meeting Amid Concern Over Crypto Market Spike

A South Korean pan-governmental meeting has reportedly been held to establish closer monitoring of the country’s crypto space. A South Korean pan-governmental meeting has reportedly been held to establish closer monitoring of the country’s cryptocurrency market amid the recent sharp uptick in crypto valuations. The news was reported by local broadcasting station KBS World Radio […]

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Computer Researcher Finds Wallet Vulnerability That Gave Same Key to Multiple Users

Cryptocurrency paper wallet creator WalletGenerator.net ran on code that caused the same key pairs to be issued multiple times, until recently. Online cryptocurrency paper wallet creator WalletGenerator.net previously ran on code that caused private key/public key pairs to be issued to multiple users. The vulnerability was described in an official blog post by security research […]

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European Bank Official Discusses Potential Benefits of Central Bank Digital Currency

An ECB official, Vitas Vasiliauskas, highlighted the benefits of central bank digital currencies but stressed caution in a recent speech. A European Central Bank (ECB) official highlighted the benefits of central bank digital currencies (CBDC) while stressing caution in a speech published by the Bank of International Settlements on May 27. Vitas Vasiliauskas — Chairman […]

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Korea’s Oldest Bank Launches National Blockchain-Based Loan Platform

Shinhan Bank introduced its blockchain-powered lending platform, allowing clients to get loans without face-to-face interaction. Korea’s oldest bank, Shinhan Bank, has launched a blockchain-enabled lending platform to speed up the loan process, South Korean news agency Yonhap reports on May 27. Shinhan Bank’s blockchain-powered loan system intends to boost cost and time efficiencies in the […]

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