China

South Korea’s Hanwha makes a $13 million bet on ‘seedless’ crypto wallets

South Korea's Hanwha Group has invested $13 million in a startup developing "seedless" crypto wallets, which aim to simplify the user experience by eliminating the need for traditional recovery seeds. This investment is part of Hanwha's broader strategy to expand its presence in the blockchain and cryptocurrency sectors. The startup's innovative approach could enhance security and accessibility for users, potentially attracting a wider audience to digital assets. Hanwha's commitment reflects growing interest in user-friendly crypto solutions amidst the evolving landscape of digital finance.

Read the full article: CoinDesk

Morning Minute: The Banks Are Coming for Crypto Custody

Major banks are increasingly entering the cryptocurrency custody space, recognizing the growing demand for secure storage solutions among institutional investors. Firms like BNY Mellon and JPMorgan are expanding their services to include crypto asset management, aiming to provide clients with more comprehensive financial services. This shift indicates a significant institutional

Visa and Bridge plan stablecoin-linked card expansion to over 100 countries

Visa and Bridge are expanding their stablecoin-linked card services to over 100 countries, aiming to enhance digital payment options. This initiative will allow users to make transactions using stablecoins, which are cryptocurrencies pegged to traditional currencies. The expansion is part of Visa's broader strategy to integrate cryptocurrencies into

Ondo Finance tokenized stocks platform on Binance wins regulatory approval in Abu Dhabi

Ondo Finance's tokenized stocks platform has received regulatory approval from the Abu Dhabi Global Market (ADGM). This approval allows Ondo to offer its services in the UAE, marking a significant step in the integration of traditional finance with blockchain technology. The platform enables users to trade tokenized versions

Iranian Exchange Outflows Spiked to $10.3M Amid Airstrikes: Chainalysis

Iranian cryptocurrency exchange outflows surged to $10.3 million following recent airstrikes in the region, according to Chainalysis. The spike in outflows indicates a potential shift in investor behavior amid escalating tensions. This increase represents a significant rise compared to previous weeks, highlighting concerns over economic stability and the desire

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Morning Minute: The Banks Are Coming for Crypto Custody

Visa and Bridge plan stablecoin-linked card expansion to over 100 countries

Ondo Finance tokenized stocks platform on Binance wins regulatory approval in Abu Dhabi

Iranian Exchange Outflows Spiked to $10.3M Amid Airstrikes: Chainalysis