Bloomingbit Newsroom

Stable: A Digital Nation of, by, and for USDT

1. Blockchain as a Nation 1.1 Diverse Perspectives on Blockchain Since the inauguration of the Trump administration, interest in blockchain and cryptocurrencies has been intense. Companies worldwide, both publicly and privately held—including Strateg

KODA Signs 'Virtual Asset Insurance' Contract with Samsung Fire & Marine Insurance…"Up to $20 Million in Compensation"

Korea Digital Asset Co., Ltd. (KODA), a virtual asset custody (trust) company, announced on the 23rd that it has signed a dedicated virtual asset insurance contract with Samsung Fire & Marine Insurance Co., Ltd., offering coverage of up to $20 millio

Korbit joins 'Circle Alliance' to strengthen stablecoin competitiveness

Korbit, a domestic virtual asset exchange, announced on the 23rd that it has officially joined the 'Alliance Program' of Circle, the issuer of the dollar-based stablecoin USDC. The Circle Alliance Program is a global community launched in November 20

AI project 'Poseidon' secures $15 million in seed funding

The intellectual property (IP) blockchain project Story announced on the 23rd that its in-house incubating project, 'Poseidon,' has secured $15 million in seed funding from venture capital firm Andreessen Horowitz (a16z)'s a16z Crypto. Poseidon is a

Major Altcoins Showing Steady Bullish Trends: Korean Crypto Weekly [INFCL Research]

1. Market Overview Last week, Korean exchanges continued their active operations with a series of new listings. Upbit introduced Caldera (ERA), while Bithumb listed both Caldera and Eclipse (ES), continuing the trend of adding leading ecosystem proje

Upbit's youth education program 'Duniverse' surpasses 27,000 cumulative participants

The cryptocurrency exchange operator Upbit, Dunamu, announced on the 21st that the cumulative number of participants in 'Duniverse' has surpassed 27,000. Duniverse is an educational program designed to enhance youth understanding of digital finance a

Cryptocurrency Market Stirs Amid Powell Dismissal Rumors

Crypto A to Z Optimism Over Rate Cuts Spreads Bitcoin Surges Past $120,000 Again Ethereum Exceeds $3,400 Trump Denies Dismissal Rumors Rumors about the dismissal of Jerome Powell, Chair of the Fed, have caused a stir in the cryptocurrency market. On

Dunamu Holds Event to Commemorate 1st Anniversary of Virtual Asset User Protection Act

Dunamu, which operates the cryptocurrency exchange Upbit, announced on the 18th that it is holding an event to celebrate the first anniversary of the enforcement of the 'Virtual Asset User Protection Act.' The 'Virtual Asset User Protection Act,' whi

Raiinmaker Expands Data Verification Infrastructure Through Collaboration with Google Cloud

Raiinmaker, an artificial intelligence (AI)-powered video production platform, announced on the 15th (local time) that it has entered into a partnership with Google Cloud. Through collaboration with Google Cloud, Raiinmaker plans to expand the infras

Chiliz Successfully Completes 'Hacking PARIS' Hackathon at PSG Home Stadium

Global sports blockchain project Chiliz (CHILIZ) announced on the 18th that it has successfully concluded the hackathon 'Hacking PARIS,' held at Paris Saint-Germain (PSG)'s home stadium, Parc des Princes. The event ran for three days (local time) fro

Bithumb partners with Lotte World for promotional event… Comprehensive admission ticket offered for ₩1,000

Bithumb, a South Korean cryptocurrency exchange, announced on the 18th that it is holding a 'Lotte World Comprehensive Admission Ticket and Entrance Coupon' promotion for new customers, in collaboration with Lotte World, where tickets can be purchase

Upbit Donates 5 Bitcoins to Love's Fruit for Flood Recovery Fund

Dunamu, the operator of the cryptocurrency exchange Upbit, announced on the 18th that it will donate 5 BTC (approximately ₩800 million) to aid in the restoration of areas affected by recent torrential rains and to support victims. The funds will be d

Upbit Presents Research Paper on Personalized News Recommendation at International Conference on Information Retrieval

Dunamu, the operator of Upbit, announced on the 16th that a research paper by its machine learning (ML) team on personalized news recommendations was accepted at the international information retrieval conference SIGIR 2025 and was presented at the m

Layer3 integrates with Coinbase and Robinhood… Accelerating on-chain expansion

Layer3 announced on the 16th that it will expand its on-chain user base through integrations with leading global virtual asset and fintech companies such as Coinbase, Robinhood, Uniswap, and Optimism. Layer3 is currently integrated with ▲Coinbase's L

Cross-chain Stablecoin 'USDT0' Makes Its Debut on Rootstock

Tether (USDT)'s cross-chain (multi-chain) version stablecoin, USDT0, announced on the 16th that USDT0 will be integrated into the Bitcoin (BTC) sidechain, Rootstock. This is the first time that USDT0 is being introduced to a Bitcoin Layer 2 solution

Korean Won Stablecoins Find Practical Usage in Tokenized Securities [ASA Opinion #5]

1. Finding Partners for Korean Won Stablecoins A consensus has already formed in Korea regarding the necessity of a Korean won-based stablecoin. At the national level, many discussions frame the won stablecoin as indispensable for maintaining currenc

Gravity launches on-chain P2P investment platform 'GRVT Strategies'

The hybrid virtual asset (cryptocurrency) exchange Gravity (GRVT) announced on the 15th that it has launched an on-chain-based investment marketplace, 'GRVT Strategies'. Gravity is an exchange licensed by the Bermuda Monetary Authority (BMA), and wit

Record-High Altcoin Trading Volume in Korea: Korean Crypto Weekly [INFCL Research]

1. Market Overview Last week, the Korean crypto market gained attention with new listings and surging retail momentum. Upbit listed Hyperlane and Ethena, while Bithumb listed Hyperlane and Resolv. Among them, Hyperlane rapidly climbed to the second s

The Future of Payments Demonstrated by Shopify, Coinbase, and Stripe [ASA Opinion #5]

1. Shopify, a Leading E-Commerce Solution Provider Shopify is an all-in-one e-commerce service that helps you handle everything on one platform—from product sales and marketing to logistics, payments, and analytics. While Amazon allows countless sell

Coinone launches partnership event with Yogiyo

The domestic virtual asset exchange Coinone announced on the 15th that it will hold a partnership event with the delivery application (app) Yogiyo from the 14th to the 27th of this month. The event targets new Coinone members and Yogiyo members. Spec

Bithumb, GS25 Partnership Event Underway

Bithumb announced on the 15th that, together with GS25, it will run a promotion for about one month from the 14th of last month to the 14th of next month. The event is open to new Bithumb members and those who make payments with GS Pay. Specifically,

PlaysOut launches 'Minigame 2.0'... "Set to become the mobile game standard"

Game infrastructure developer PlaysOut has officially announced the release of its next-generation high-performance minigame framework, 'Minigame 2.0', on the 11th. 'Minigame 2.0' is a high-performance minigame solution that addresses the limitations

Ethereum briefly surpasses $3,000

Ethereum (ETH) briefly surpassed $3,000. As of 15:03 on the 11th, the Ethereum price was trading at $3,007 on the Binance USDT market, up 8.08% from the previous day. Meanwhile, as the leading cryptocurrency Bitcoin (BTC) rose more than 6% and traded

DAXA Holds 'Virtual Asset Market Surveillance Training'

The Digital Asset Exchange Alliance (DAXA) stated that it held training on the 10th at DreamPlus Gangnam, located in Gangnam-gu, Seoul, for executives and staff members of domestic virtual asset exchanges. This training was conducted in collaboration

Coinone launches 'Fee-Free Event' for new customers

The South Korean cryptocurrency exchange Coinone announced on the 10th that it is holding a 'Fee-Free Event' for new customers. This event will continue until further notice. Any customer without a trading history since April last year is eligible to

Top Leaders from Politics, Finance, and Web3 to Gatherㅡ'EastPoint: Seoul 2025' Unveils First Lineup

### **Private Event Scheduled for September 22 at Grand Hyatt Seoul** ### **Key Issues to be Discussed—Digital Assets, Stablecoins, and More** ### **'High-Level Closed Roundtable' to Take Place** ### ### **Lawmakers Byung-Deok Min (Democratic Part

Status unveils native 'Gasless' Layer 2 based on Linea

The open-source messaging platform Status Network (Status Network, SNT) has unveiled the world's first native gasless (zero gas fee) Layer 2 built on the Linea stack. The newly launched Layer 2 by Status completely eliminates transaction fees and int

IQ AI joins hands with Google Cloud...“Building the Future of Tokenized AI Agents”

IQ AI announced on the 8th that it is set to establish a Web3-based AI agent ecosystem through technological integration with Google Cloud and the AI model Gemeni. Through this integration, IQ AI is introducing a next-generation Web3 infrastructure,

Artcube 2R2 hosts STONROK solo exhibition 'POST ICON'

The solo exhibition 'POST ICON' by artist STONROK will open on the 11th at the Artcube 2R2 (Artcube 2R2) B1 (Media Cube), accompanied by an opening reception. This exhibition, based on the artist's representative series 'Art or Not', consists of work

Korea Focuses on the Future of Stablecoins: Korean Crypto Weekly [INFCL Research]

1. Market Overview This week, the Korean cryptocurrency market saw heightened interest in both major tokens and speculative mid-cap coins. On Upbit, XRP, BTC, and CBK led trading volumes, while meme coins like MOODENG and BONK also displayed notable