Tag: Ethereum staking platform KYC update policies

Rising Concerns About KYC in Crypto As the cryptocurrency landscape evolves, the importance of KYC (Know Your Customer) policies cannot be overstated. In 2024 alone, over $4.1 billion was lost due to DeFi hacks, prompting platforms to emphasize security measures. Ethereum staking platforms are increasingly focusing on stringent KYC updates to maintain user safety and…