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Crypto

XRP Ledger to add native zero-knowledge proof verification

XRP Ledger (XRPL) plans to natively support zero-knowledge proof verification. It has added a foundation to secure privacy required by institutions on public blockchains by linking with the zero-knowledge proof network Boundless. The move targets constraints that have hindered financial institutions from using public blockchains, where transaction flows and counterparties are exposed. XRPL aims to verify validity, funding and compliance while keeping amounts, senders and recipients off the public ledger.

Finance

South Korea\'s top court orders retrial in Hana Financial chair\'s hiring fraud case

Hana Financial Group Chairman Ham Young-joo (함영주) was cleared of allegations of involvement in hiring irregularities following a Supreme Court ruling. On Jan. 29, the court quashed and remanded the part of the lower-court judgment on obstruction of business and dismissed all remaining appeals. Ham had earlier received a suspended prison sentence at an appeals court over the charge. Hana Financial said it respected and was grateful for the Supreme Court’s decision.