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Crypto

DB Financial Investment joins Ethereum Korea One as title sponsor

DB Financial Investment will take part as title sponsor of the Ethereum conference \"Ethereum Korea One: Genesis\" to be held in Seoul in September. The event will discuss the status of token securities business initiatives by domestic and overseas financial institutions ahead of the institutionalisation of token securities in South Korea, and ways to use Ethereum-based on-chain infrastructure. The Ethereum Korea Consortium said the conference will run on Sept. 28 to 29.

Crypto

Ether.fi removes restaking exposure from weETH, moves toward split with EigenLayer

Ether.fi has removed all restaking exposure from its flagship weETH token, turning it into a pure liquid staking token, while limiting restaking to a separate Symbiotic-based token, weETHs, The Defiant reported on Thursday. The change effectively ends Ether.fi’s position as the largest operator built on the EigenLayer restaking model. Data from DefiLlama show Ether.fi’s staking segment at $3.3 billion, with weETH supply at 1.72 million and weETHs at 9,136.

Crypto

U.S. crypto \'Clarity\' bill faces last-minute hurdles as Korean financial firms step up digital asset push

A U.S. Senate vote to bring the crypto market-structure \'Clarity\' bill to the floor is increasingly likely to be delayed until next week, complicating last-stage legislation. The industry wants leaders to at least begin the cloture process before the August recess. In South Korea, financial firms are accelerating digital-asset initiatives, including exchange shareholder changes, new teams for regulatory shifts, investments in blockchain networks and participation in a central bank digital currency pilot.