Liquid Data Leak, Zcash Halving, Ethereum Classic Enters DeFi + More News

Source: Adobe / Stanislav

Get your daily bite-sized overview of Cryptoasset and Blockchain-related news – investigate the stories flying under the radar of today’s crypto news.

Exchange messages

  • Hackers seem like a major raid when attacking the liquid Crypto exchange. In one note On the Liquid blog, the company wrote that on November 13, attackers “were able to obtain personal information from their user database”. Mike Kayamori, CEO of Liquid, wrote, “This could include information such as your email address, name, address and encrypted password. The CEO added that his company is “continuing to investigate” whether the hackers “also got access to personal documents” provided for KYC (know-your-customer) logs, including “ID, selfies and proof of address.” , adding that fluid would “provide an update as soon as the investigation is complete.” ((Learn more: Personal data leaks in Crypto are inevitable. Here’s what can be done.

Altcoins news

  • The privacy-driven cryptocurrency Zcash (ZEC) saw its first halving of its block grant bonus today – it dropped from 6.25 ZEC to 3.125 ZEC (196 USD) per block. Likewise, canopyor the fifth major network upgrade for Zcash was activated today. Is is setting up a new development fund while the start-up bonus is running out.
  • Ethereum Classic Labs (ETC Labs), the main sponsor of the Ethereum Classic (ETC) blockchain, said Wrapped ETC (WETC) was released to include the participation of ETC users in the growing DeFi ecosystem. ETC Labs added that it is working on listing WETC on exchanges and developing DeFi governance applications.

Adoption News

  • South Korea Kookmin Bank (KB) appears to have expanded its crypto plans – and stated that it now plans to launch its upcoming crypto custody offering, which will only be available to institutional investors before the end of 2020. According to Paxnet, Cho Jin-seok, the bank’s IT director, said that while exchange-related services appeared to be unavailable to banks under current regulations, he envisioned a situation where banks could “offer a service that this makes possible [customers] Borrow crypto assets in Korean. “
  • Conclude, a crypto asset software and data provider, said It has partnered with a global provider of business information IHS Markit Redistribution of Lukka’s blockchain and digital asset data products as part of the comprehensive offering of IHS Markit Pricing, Valuations and Reference Data. This allows funds to add cryptocurrencies and other digital assets to their portfolios in accordance with legal requirements.

Blockchain news

  • The Kazakh government plans to introduce blockchain-based mortgage offers. In a Facebook post Office The newly appointed Minister of Digital Development, Innovation and Aerospace Industry from Baghdat Mussin wrote that his department had developed a means to use innovation to “replace the complex process of mortgage processing with blockchain technology”. He claimed the new system would shorten waiting times and be implemented in collaboration with the country’s major banks.
  • Intelligent contract platform TomoChain (TOMO) said will offer blockchain services for Vietnam Ministry of Education and Training. The National Qualifications Archive program aims to ensure that all certifications the country’s high school and college students receive are uploaded to the TomoChain blockchain.

Investment news

  • Platform for the storage, transmission and output of digital assets Fire blocks said The company raised $ 30 million in Series B funding and increased cumulative fundraising to $ 46 million. This round was led by paradigm with the participation of existing investors, such as Galaxy Digital and Digital currency group, among other.
  • CypheriumThe enterprise-oriented blockchain platform, which facilitates interoperability between blockchains and central bank digital currencies, has completed its public sales round and has now raised $ 28 million through the sale of its native token CPH.

Regulatory News

  • US President Donald Trump nominated Acting currency auditor, Brian Brooks, crypto attorney, has headed this national banking regulator for five years.