Bloomingbit Newsroom

IoTrust Selected for Ministry of SMEs and Startups' Scale-up TIPS Global Track

Blockchain security and digital asset management specialist IoTrust announced on the 15th that it has been finally selected for the 2025 Scale-up TIPS (Scale-up TIPS) Global Track hosted by the Ministry of SMEs and Startups. IoTrust will receive up t

Rootstock sees surge in users… Q2 new addresses hit record high

Rootstock, a Bitcoin (BTC)-based decentralized finance (DeFi) protocol, recorded record highs in user metrics in Q2 this year. According to a report by global crypto asset data analytics firm Messari on the 12th, Rootstock's number of new addresses i

DAXA·Korea Capital Market Institute launches 'Digital Asset Market Study Group'

The Digital Asset Exchange Joint Consultative Body (DAXA) announced on the 11th that it has launched the 'Digital Asset Market Study Group' together with the Korea Capital Market Institute and published the first research output, the report 'Digital

Bithumb selects actors Jung Woo-sung and Jeon Jong-seo as new brand models

Domestic virtual asset (cryptocurrency) exchange Bithumb announced on the 11th that it had selected actors Jung Woo-sung and Jeon Jong-seo as its new brand models. As interest in virtual asset trading has been rising recently, Bithumb plans to carry

Upbit unveils youth digital asset education program 'UpClass'

Dunamu, operator of the virtual asset (cryptocurrency) exchange Upbit, said on the 11th that it unveiled the youth-tailored digital asset education program 'UpClass' at the Upbit D Conference (UDC 2025) held on the 9th. The program consists of a curr

KGeN surpasses US$30 million in funding within one year of launch

The Web3-based verified distribution protocol 'KGeN' announced on the 10th that it has raised more than US$30 million (about KRW 41.6 billion) since its launch last year. KGeN's goal is to "grant verified reputations to more than one billion users."

World Liberty Financial, Redstone and Other Altcoins in Focus: Korean Crypto Weekly [INFCL Research]

1. Market Overview Last week, World Liberty Financial (WLFI), USD1, and Redstone (RED) were listed on Upbit, while WLFI, USD1, and Euler Finance (EULER) were listed on Bithumb. Trading volume remained strong, with Ethereum (1.4 billion dollars) and X

Bithumb targets Busan, Ulsan and South Gyeongsang customers with 'Bitcoin mining' popup booth

Domestic virtual asset (cryptocurrency) exchange Bithumb announced on the 9th that it is participating in the 'Grand Anniversary' event commemorating the 12th anniversary of the opening of the Shinsegae Simon Busan Premium Outlet and will operate an

Dunamu unveils Web3 infrastructure brand 'GIWA'..."Chain · Wallet launching soon"

Dunamu, which operates the domestic virtual asset (cryptocurrency) exchange Upbit, unveiled the Web3 infrastructure brand 'GIWA' at the 'Upbit D Conference (UDC)' held on the 9th at the Grand InterContinental Parnas in Gangnam-gu, Seoul. GIWA, an acr

Backpack launches perpetual futures trading in Europe…"EU service fully underway"

Global cryptocurrency exchange Backpack Exchange said on the 8th (local time) that it will begin offering perpetual futures trading in the European Union (EU). The perpetual futures trading service will be provided through Backpack Exchange's EU subs

Backpack launches perpetual futures trading in Europe…"EU services ramp up"

Global cryptocurrency exchange Backpack Exchange said on the 8th (local time) that it is launching perpetual futures trading in the European Union (EU). The perpetual futures trading service will be provided through Backpack Exchange's EU subsidiary,

From CRCL to FRAX: Finding the Beneficiaries of the GENIUS Act [Four Pillars Research]

1. Circle's successful debut — what was the secret? 1.1 The victory of the stablecoin industry On June 5, 2025, Circle listed on the New York Stock Exchange (NYSE) under the ticker CRCL. The offering price was $31 per share, which was revised upward

[Op-ed] The Hidden Battlefield of the Korean Won Stablecoin: Competition to Design Digital Financial Standards

Seojun Kim, CEO of Hashed As legislation for the Korean won stablecoin advances in earnest, a variety of discussions are actively taking place. However, many current debates focus on operational aspects of the "coin," such as issuance scale or distri

Asia Stablecoin Conference to be Held in Seoul for the First Time on the 25th

The Asia Stablecoin Alliance (ASA) announced on the 3rd that it will hold the "Asia Stablecoin Conference (ASC2025)" at the Hotel Riviera Cheongdam in Seoul on the 25th. ASA is a consortium established and led by Four Pillars and LayerZero. Industry

Story-based AI data layer 'Poseidon' launches training data collection app

STORY, a blockchain infrastructure for intellectual property (IP), announced on the 3rd that it has officially launched a training data collection app for the physical AI operations of its incubating project, the decentralized AI data infrastructure

League of Traders launches leaderboard 'Trader Map'…"Making actual investments transparent"

Virtual asset social media League of Traders Ambitious 'Trader Map' released on the 3rd "Investors' transaction histories at a glance" Collaboration with Portal to Bitcoin Virtual asset (cryptocurrency) investment social media (SNS) League of Traders

Korean virtual asset market, surge in trading volume…Led by Ethereum & XRP: Korean Crypto Weekly [INFCL Research]

1. Market overview Last week, major domestic exchanges announced several new listings, including Upbit's Treehouse, Bithumb's Stader and Camp Network. Upbit was the region with concentrated trading volume; its daily trading volume often exceeded 5 bi

'Health scare' engulfs Trump…"Fake news, very active"

President Donald Trump, who was swept up in an unexpected 'death rumor,' personally dismissed the rumor. On the 2nd (local time), after announcing the plan to relocate U.S. Space Command at the White House, President Trump was asked by reporters abou

Art Token·Hwang In-ran donate exhibition proceeds… solar power and LED installed in Zimbabwe

Art Token announced on the 2nd that Hwang In-ran's solo exhibition last year, 'Noon's Abyss: Beatrice of Silence', has led, beyond the achievements of the works, to the fruits of sharing. Previously, in October last year, Hwang In-ran presented non-f

BDACS to Hold Blockchain-Based Classical Concert with Animoca Brands and Galaxy Digital

Digital asset custody firm BDACS said on the 1st that it will hold the 'Stradivarius Meets Gagliano in Seoul' performance at The Raum in Cheongdam-dong, Seoul on the 24th. Nasdaq-listed Galaxy Digital and global web3 firm Animoca Brands participated

Korbit to Run 'Lucky Draw Week' Event for Four Weeks from the 1st

Domestic virtual asset (cryptocurrency) exchange Korbit announced on the 1st that it will hold a 'Lucky Draw Week' event. The event runs from September 1 at 11:00 AM to midnight on September 28, and all Korbit members are eligible to participate. Dur

Lee Eok-won, nominee for Financial Services Commission chair "Virtual assets have no intrinsic value"

"It is difficult to view them as performing the essential functions of money" Lee Eok-won, nominee for Financial Services Commission chair, said of virtual assets, "They have no intrinsic value and have a character different from traditional financia

IP-based Layer-1 CAMP Network, newly listed on Bithumb KRW market

The intellectual property (IP) Layer-1 blockchain CAMP Network (CAMP) will be newly listed on the domestic virtual asset (cryptocurrency) exchange Bithumb. The CAMP Network is an autonomous IP layer project that supports anyone to tokenize IP such as

Story to Hold 'Origin Summit 2025' on the 23rd of Next Month… Highlighting Blockchain and IP Trends

Story, a blockchain infrastructure for intellectual property (IP), announced on the 27th that it will hold the 'Origin Summit 2025' on September 23 at Anderson C in Seongsu, Seoul, focusing on the trends and future of AI, blockchain, and the IP indus

Altcoin Prices Surge on Increased Ethereum and XRP Trading Volumes: Korean Crypto Weekly [INFCL Research]

1. Market Overview Last week, the listings of API3, Aerodrome Finance, and BIO Protocol on Korean exchanges led to rising interest in the mid-cap market. Trading activity was concentrated on key assets: at Upbit, ETH ($3.44 billion), XRP ($2.48 billi

From Trump administration insiders to Tether and Circle… 'Eastpoint: Seoul 2025' reveals 2nd lineup

Held privately at the Grand Hyatt Seoul on September 22 White House policy officials such as 'Harry Jung' and 'Bo Hines' Acting CFTC Chair Caroline Pham and other U.S. regulators Senior officials from stablecoin issuers Tether and Circle to attend Ke

"If Bitcoin Holds Steady, by 2030…" 'Bold Forecast' Announced

Despite Bitcoin's recent downturn, optimism about its long-term outlook is spreading. As opportunities open up for investing in Bitcoin through U.S. 401(k) retirement plans, expectations are rising for a long-term price increase. According to the cry

Representative Min Byung-deok holds a seminar on 'Digital Asset Basic Act and Capital Reshoring Strategies' with Hankyung Bloomingbit

Representative Min Byung-deok · Hankyung Bloomingbit 'Digital Asset Basic Act Policy Seminar' to be held on August 26 Discussion on key industry issues such as credit provision and KRW stablecoin Min Byung-deok, a member of the National Assembly from

Korean New Listings and Meetup Craze: Korean Crypto Weekly [INFCL Research]

1. Market Overview Last week in the Korean market, large asset trading was active, with new listings such as Cyber and Towns joining. ETH and XRP each recorded multi-billion dollar trading volumes, driving the total market activity significantly, whi

Bitlayer Secures $5 Million Through Global Community-Based Fundraising

Bitlayer announced on the 19th that it has secured a total of $5 million (approximately ₩6.92 billion) through a global crowdfunding round. Bitlayer recently conducted community-based fundraising campaigns on global platforms such as CoinList, GoMini