Survival Race of South Korean Exchanges; Ethereum Powers Digital Passports in HK
50 of 60 crypto exchanges in South Korea race to apply for Information Security Management System (ISMS), the first step to an official VASP license. ASEAN Financial Innovation Network (AFIN) and R3 to launch CBDC sandbox. Hong Kong meets Ethereum-powered COVID-19 digital passports. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Valid Points: The Challenge of Decentralized Staking Pools on Eth 2.0
Plus: Is the term Eth 2.0 'validator' a misnomer?

Market Wrap: Attempts to Push Bitcoin Above $40K Stall
Some analysts are optimistic while others prefer to see stronger signs of upside momentum before calling a bottom.

Hunt for Yield: Wrapped BTC Now Holds More Than 1% of Bitcoin's Circulating Supply
The trend shows how some savvy crypto traders have pivoted to salvage or maintain returns even as bitcoin's price tumbled.

Umee Raises $6.3M to Connect Cosmos and Ethereum With Cross-Chain DeFi
The project, led by Tendermint’s former strategy lead, secured backing from Polychain Capital, Coinbase Ventures and others.

DeFi Projects Continue Flocking to Layer 2 Solution Polygon
Polygon’s cheaper transaction costs and faster block time have driven increased adoption by a number of major projects.

Human Protocol Expands hCaptcha Tool, Launches Wallet to Make AI Smarter
“Proof-of-HUMANity” could also thwart front-running DeFi bots.

Bitcoin and Ether Price Indicators Support Near-Term 'Relief Rally'
Bitcoin's weekly stochastic oscillator has turned up from oversold or below -20 levels, a positive sign for the cryptocurrency.

Bitcoin Fund Outflows Slow but Investors Start Exiting Ether Funds
The amount of money leaving was significantly less than the previous, record week of $141 million.

Dapper Labs Unveils Flow-Native Stablecoin, 'FUSD', With Other ERC-20-Like Tokens to Follow
Dapper Labs, the creator behind the Flow blockchain and NBA Top Shot, announced Thursday it would launch a Flow-native stablecoin called FUSD. This is the first token on Flow that exists similar to how ERC-20-like tokens exist on Ethereum. "The Hash" team explores the new development and what it means for the DeFi space.
