Thursday, January 30, 2025
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South Korea to deploy cryptocurrency tracking system in 2023

The Ministry of Justice in South Korea announced plans to introduce a crypto tracking system to counter money laundering initiatives and recover funds linked to criminal activities.The ‘Virtual Currency Tracking System’ will be used to monitor transaction history, extract information related to transactions and check the source of funds before

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MakerDAO Passes Proposal To Deploy $100 Million USDC In Yearn Finance Vault

In the hopes of generating yield while offering users what its best known for, MakerDAO, the issuer of the Ethereum-based stablecoin, DAI, has approved a proposal to deploy $100 million of Circle’s USD Coin (USDC) in a Yearn Finance yield-generating account called a “vault.” The proposal, submitted on January 9, aims

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Uniswap holders ditch Ethereum for BNB Chain to deploy v3 protocol

Holders of Uniswap’s UNI (UNI) governance token have decided to deploy the third version of the decentralized exchange protocol on BNB Chain, a rival of the Ethereum network.In a proposal posted on Jan. 17, Ilia Maksimenka, CEO of the decentralized finance protocol Plasma Finance, argued why the Uniswap v3 protocol should

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Ethereum Developers Prepare to Deploy Shanghai Public Testnet, Focus on Staked Ether Withdrawals – Technology Bitcoin News

According to the Jan. 5, 2023 All Core Devs (ACD) meeting, Ethereum developers are preparing to deploy a public testnet for the highly anticipated Shanghai hard fork in February 2023, with the mainnet implementation tentatively scheduled for March. Ethereum’s core developers emphasized that staked withdrawals are a priority and code

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