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South Korea’s CBDC Pilot to Enter into Distribution Phase Next Year

South Korea’s CBDC Pilot to Enter into Distribution Phase Next Year

South Korea’s central bank is looking to start the testing of the distribution of its central bank digital currency (CBDC) next year.

Telegram Appeals Federal Court Injunction to Stop Gram Distribution

Telegram Appeals Federal Court Injunction to Stop Gram Distribution

Telegram has filed an appeal to yesterday’s ruling by a United Stated federal court in favour of the US Securities and Exchange Commission (SEC) which has prohibited the issuance of Gram tokens for the time being.

OKEx Announces Support for Spark (FLR) Airdrop as XRP Holders Prepare for Token Distribution

OKEx Announces Support for Spark (FLR) Airdrop as XRP Holders Prepare for Token Distribution

OKEx has joined other digital asset exchanges in announcing support for the upcoming Spark (FLR) token airdrop.

QuadrigaCX Users to Receive Interim Distribution

QuadrigaCX Users to Receive Interim Distribution

Users of defunct cryptocurrency exchange QuadrigaCX will receive interim distribution of funds tied to bankruptcy proceedings in the coming weeks. A small number of affected users may receive a Notice of Disallowance of Claim, with the right to appeal. QuadrigaCX owes affected clients an estimated $160 million and trustee Ernst & Young has recovered $34.3 million worth of assets.

QuadrigaCX Bankruptcy Trustee Announces Interim Distribution of Funds

QuadrigaCX Bankruptcy Trustee Announces Interim Distribution of Funds

QuadrigaCX's bankruptcy trustee, Ernst & Young, has announced an interim distribution of funds to the exchange's creditors. The announcement was made in consultation with estate inspectors, and a Notice to Affected Users will be posted soon with further details. However, some affected users may receive a Notice of Disallowance of Claim, with the right to appeal.

EgenLayer's Airdrop Plan Raises Concerns Over Token Distribution Equity

EgenLayer's Airdrop Plan Raises Concerns Over Token Distribution Equity

EigenLayer, the second-largest DeFi protocol with $15.952 billion in total value locked, recently announced its native token's stakedrop. However, the distribution details have sparked disappointment and criticism within the crypto community. This article explores the allocation strategy, criticisms, and potential implications for EigenLayer.

Mt. Gox Creditors Given Extra Month to Register Claims, Distribution Deadline Delayed

Mt. Gox Creditors Given Extra Month to Register Claims, Distribution Deadline Delayed

The registration deadline for Mt. Gox creditors has been pushed back by another month, allowing creditors to file claims until April 6. The distribution of assets to creditors will now start from Oct. 31 instead of Sept. 30. Mt. Gox creditors have been waiting for years to get compensated for losses incurred because of the exchange hack in 2014. The extension in the deadline means that creditors will have another month to decide whether to take a lower amount now or wait another nine years to get the full amount.

Russian Federal Watchdog Censors Binance for Distributing Crypto-Related Data

Russian Federal Watchdog Censors Binance for Distributing Crypto-Related Data

Roskomnadzor has blacklisted crypto exchange Binance for what it deems as “containing information prohibited for distribution in Russia.

Hahn Air Becomes First Airline to Issue Blockchain-Enabled Tickets To Passengers

Hahn Air Becomes First Airline to Issue Blockchain-Enabled Tickets To Passengers

Hahn Air, a leading airline distribution, has just issued Blockchain-enabled tickets to its passengers. Offering the tickets through the platform of their partner, Winding Tree.

Ripple and Chainalysis to Discuss How Crypto for Crime and Child Exploitation Can Be Prevented

Ripple and Chainalysis to Discuss How Crypto for Crime and Child Exploitation Can Be Prevented

An illicit way in which cryptocurrencies have been used in the digital age has been to drive the distribution of child sexual abuse material (CSAM).

LocalBitcoins Seller Charged by US Homeland Security for Money Laundering

LocalBitcoins Seller Charged by US Homeland Security for Money Laundering

Kenneth Rhule, a localBitcoins seller is charged by the US Homeland Security for conducting an unlicensed money transmitting business. Rhule can face up to forty years in prison on account of fraudulent activity alongside illegal marijuana production and distribution.

South Korea’s Jeju Island Leverages Blockchain to Curb Depleted Electric Vehicle Batteries

South Korea’s Jeju Island Leverages Blockchain to Curb Depleted Electric Vehicle Batteries

Jeju Island’s government representatives have revealed that a blockchain-powered electric vehicle waste-battery distribution management system has been implemented based on a multi-year support. It will track the history of receipts of waste-batteries acquired at the Jeju Technopark Electric Vehicle Battery Industrialization Center that opened in June 2019.

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