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CurateDAO launched an Avalanche-based “curate-to-earn” platform where participants can earn by contributing to databases. With play-to-earn (P2E) gaming rising in 2021 through Axie Infinity (AXS) and an offshoot called move-to-earn (M2E) gaining fame through STEPN (GMT), another variation of the “to-earn” model launches in an attempt to bring Web3 elements to existing Web2 frameworks.  In an announcement, the CurateDAO team told Cointelegraph that they’ve launched a Pinterest-like database platform on the Avalanche (AVAX) blockchain. Similar to other “to-earn” models, users can be rewarded with crypto tokens for performing tasks. In this case, the task given to participants is contributing their curated lists to the project’s database. There are different roles within the project's ecosystem. This includes curators, which will mint and set rules for a database, a scout who will find and contribute content that aligns with the database rules and viewers who participate by looking...

Young crypto investors in South Korea prefer XRP to Bitcoin (BTC) and Ethereum (ETH), two of world’s largest cryptocurrencies by market capitalization.  XRP is a dominant choice among Gen Z South Korean investors Bithumb data reveals that 82.5% of investors in their twenties, often referred to as “Gen Z”, prefer red other altcoins but not ETH. According to local news outlet News 1, which analyzed Bithumb’s investment data in H1 2023, it was discovered that Gen Z investors often opt for altcoins with higher volatility than BTC and ETH. Meanwhile, older investors tend to be more conservative.  You might also like: XRP is the leading altcoin in South Korea, report reveals It was observed that South Korea’s Gen Z invested more in XRP than BTC and ETH, with the former’s investment being 3.2% higher than the latter. At the same time, they chose periphery altcoins, for instance, Fellaz (FLZ) and Mines of Dalarnia (DAR), which were listed on Bi...

The firm allegedly denied having any exposure to troubled sister lending firm Haru Invest before suspending transfers earlier this month. According to a report by local news outlet Digital Asset, South Korean crypto lending firm Delio is currently under invest igation by the country's Financial Services Commission (FSC) as of June 30. The Commission alleges fraud, embezzlement, and breach of trust related to Delio's unilateral decision to suspend users' deposits and withdrawals on June 14.  During an extraordinary investors' meeting on June 17, Jung Sang-ho explained that the firm would resume withdrawals, albeit with no fixed schedule at the time. On June 27, the company began opening withdrawals for a portion of its staking services. "[Delio] will secure as much capital as possible to compensate," Sang-ho said. Delio is currently one of South Korea's largest crypto lenders, holding an estimated $1 billion in Bitcoin (BTC), $200 million in Ether (ETH...

Prime Minister Han Deok-soo reportedly believes that including cryptocurrency in property registration is the right thing to do. South Korean Prime Minister Han Deok-soo is calling for the disclosure and registration of crypto currency assets by high-ranking public official s, a local news outlet has reported.  In a press conference held at the Sejong Government Complex on May 17, the Prime Minister reportedly emphasized the importance of including crypto assets in the property registration of high-ranking public officials. According to a Google-translated version of the report, Prime Minister Han told reporters that the issue of whether high-ranking officials should include virtual currency in property registration “can be fully discussed and decided in the National Assembly.” According to the report, the Prime Minister shared that "Personally, I think it's right to put it in (in the property registration)." To support his stance, the Prime Minister drew a parallel w...