Doohyun Hwang

Iran Says It Rebuffed US Bid for Nuclear Talks, Leaves Details to Supreme Leader

Iran’s delegation at recent ceasefire talks with the US in Islamabad blocked any discussion of nuclear issues under strict instructions from the country’s supreme leader, according to details disclosed by an Iranian lawmaker. On May 2, Mojtaba Zarei,

South Korea’s FSS to Monitor Crypto Trading in Real Time, Use AI to Detect Borrowed-Name and Collusion Rings

South Korea’s Financial Supervisory Service is upgrading its in-house surveillance system by combining artificial intelligence with real-time monitoring to combat increasingly sophisticated and complex unfair trading in virtual assets. The centerpiec

Crypto Market May Shrug Off Failure of US Clarity Act

The cryptocurrency market is set to sustain its growth even if the Clarity Act fails to pass Congress. Chris Perkins, chief executive officer of 250 Digital Asset Management, told Cointelegraph on May 2 that the fallout for the industry would be limi

Bitcoin’s Quantum Threat Seen as Limited, but Industry Urged to Prepare

The crypto industry is increasingly coalescing around the need to research post-quantum cryptography, or PQ, in advance as a way to address potential security risks to Bitcoin from advances in quantum computing. Alex Thorn, head of research at Galaxy

Bitcoin Gains 11.87% in April for Best Monthly Return in a Year

Bitcoin posted its strongest monthly return in a year in April, lifting expectations for May. Historically, Bitcoin has delivered an average return of about 8% in May. CoinGlass data on May 2 showed Bitcoin gained 11.87% in April. That was its highes

Crypto Market Loses Retail as Institutions Support Prices; AI Seen as Next Catalyst

Retail investors have largely exited the cryptocurrency market, leaving institutional investors to help shore up prices, according to Haseeb Qureshi, a partner at Dragonfly. Qureshi shared that view on May 2 in comments on recent market trends. Bitco

Spirit Airlines Heads for Liquidation After Trump’s $500 Million Bailout Fails

Spirit Airlines, long a symbol of the U.S. ultra-low-cost carrier model, is moving toward liquidation after failing to secure government bailout funding. The Wall Street Journal reported on May 2 that Spirit Chief Executive Officer Dave Davis and U.S

Iran Offers US 14-Point Peace Plan, Seeks End to War Within 30 Days and Troop Withdrawal

Iran has sent the US a 14-point response in peace talks, proposing terms that include a full end to the war and the withdrawal of US troops rather than a simple extension of a ceasefire. CNN reported on May 2 that Iran delivered the 14-point document

Trump Says Iran’s New Peace Proposal Will Be Hard to Accept

President Donald Trump said he will soon review a new peace proposal from Iran, but indicated it would be difficult to accept. In a Truth Social post on May 2, Trump wrote that he would soon review “the plan Iran just sent.” He added that it was hard

US Spot Ether ETFs Post $101.18 Million of Net Inflows, Ending Five-Day Streak

U.S. spot Ether exchange-traded funds returned to net inflows after five trading sessions. According to SoSoValue, U.S. spot Ether ETFs recorded combined net inflows of $101.18 million on May 1. Total trading volume for the funds was $555.87 million.

US Spot-Bitcoin ETFs See $629.7 Million of Net Inflows

U.S. spot-Bitcoin exchange-traded funds recorded about $600 million in net inflows, lifting total net assets above $100 billion. Data from SoSoValue showed that U.S. spot-Bitcoin ETFs posted net inflows of $629.73 million on May 1. Total trading volu

Polymarket Odds of Clarity Act Passing This Year Jump to 67%

The odds that the US crypto market-structure bill known as the Clarity Act will be enacted this year are rising. Polymarket data on May 1 showed the probability on a contract titled “Clarity Act officially takes effect in 2026” surged 21 percentage p

Anchorage Submits GENIUS Act Letter to OCC, Previews New Stablecoin

Anchorage Digital Bank submitted a formal comment letter to the Office of the Comptroller of the Currency on the rollout of the GENIUS Act, proposed US legislation that would regulate stablecoins. In a statement released on May 1, Anchorage Digital s

Trump Rejects Iran Peace Proposal, Warns of Military Strike if Talks Fail

President Donald Trump rejected Iran’s latest peace proposal and warned of military action if negotiations collapse, underscoring mounting strains in efforts to preserve a Middle East ceasefire. Trump told Al Jazeera on May 1 that “they want a deal,

Trump Says US Could 'Take Over' Cuba 'Almost Immediately,' Claims Carrier Would Force Surrender

President Donald Trump said the US could "take over" Cuba "almost immediately." Trump made the remark during a public speech at The Forum Club on May 1, when he referred to a Cuban-born architect who had worked with him. Praising the architect's tale

US Officials, Academics Say Stablecoin Rulemaking Still Has a Long Way to Go

Policy debate over stablecoins is continuing in the US, with key details still unresolved even after the GENIUS Act was enacted in July last year. Forbes reported on May 1 that Nellie Liang, who served as Treasury undersecretary for domestic finance

Trump Broadens Cuba Sanctions to Cover Nearly All Sectors of Economy

President Donald Trump signed an executive order broadening sanctions against the Cuban government across virtually the entire economy. Reuters reported on May 1 that White House officials said the new measures target government officials and entitie

Bitcoin Eyes Break Above $80,000 as Spot and Institutional Buying Builds

Bitcoin is attempting to rebound from a key support level, with analysts pointing to a potential break above $80,000. Cointelegraph reported on May 1 that Bitcoin climbed 2.52% from a day earlier to trade above $78,800 after confirming support at its

GameStop Prepares Bid for eBay Despite Market Cap Gap

GameStop Corp., the US video-game retailer, is preparing a bid for eBay Inc., the Wall Street Journal reported on May 1, citing people familiar with the matter. The target is worth more than four times GameStop’s market value. Based on the previous t

US Senators Release CLARITY Act Deal to Bar Interest on Passive Stablecoin Holdings

A bipartisan group of U.S. senators has released compromise language that would bar interest payments on passive stablecoin holdings. CoinDesk reported on May 1 that Senators Thom Tillis and Angela Alsobrooks published the final text of an agreement

Ostium Labs Launches Real-Time Decentralized Execution Layer

Ostium Labs said on May 1 that it launched a real-time decentralized execution layer built on the Ostium Protocol. The infrastructure is designed to hedge on-chain trading flows by linking them with institutional participants in traditional financial

Visa Launches ‘Agentic Ready’ AI Payments Program in Asia-Pacific With Six South Korean Partners

Visa on April 30 officially launched Visa Agentic Ready, an Asia-Pacific program designed to support an artificial intelligence-based payments ecosystem. The program is intended to prepare for the coming era of agentic commerce, a new form of commerc

Pudgy Penguins Holds Briefing for US Congressional Policy Staff

Pudgy Penguins, a non-fungible token project, said April 28 that it held a public briefing for US congressional policy staff on the digital-asset industry. The event took place April 24 at the Rayburn House Office Building in Washington. Pudgy Pengui

Crypto-Targeted Kidnappings Surge in France; 88 People Charged

Kidnappings aimed at stealing crypto assets are rising rapidly in France. Le Monde reported on April 24 that France's National Jurisdiction for the Fight Against Organized Crime recently announced a sharp increase in kidnappings and unlawful detentio

JPMorgan Says Tokenization Will Transform the Broader Fund Industry, Not Just ETFs

A senior JPMorgan executive overseeing exchange-traded funds said asset tokenization will help drive sweeping change across the broader fund industry. Kieran Fitzpatrick, JPMorgan's global head of ETF product, wrote on the bank's website on April 24

US Spot-Bitcoin ETFs Record $14.47 Million of Net Inflows

U.S. spot-Bitcoin exchange-traded funds recorded more than $14 million in net inflows. Data from Trader T showed the 12 U.S. spot-Bitcoin ETFs posted combined net inflows of $14.47 million on April 24, extending the streak of inflows to nine consecut

BitMine Stakes Additional 98,352 Ether

BitMine has staked an additional 98,352 Ether. Arkham Intelligence data on April 24 showed the company recently deposited 98,352 ETH, worth about $229 million. The additional staking brought BitMine’s cumulative staked Ether to 3,587,821 ETH. That am

ApeCoin Jumps 80% on Yuga Labs CEO Change, Sparking Insider Trading Suspicion

ApeCoin surged nearly 80% after Yuga Labs announced a new chief executive officer, with the sharp rally also prompting insider trading suspicions after a large leveraged long position surfaced just before the move. As of April 25, ApeCoin was trading

US Spot Solana ETFs Post $1.17 Million in Net Outflows

US-listed spot Solana exchange-traded funds recorded net outflows of $1.17 million in one day. Data from SoSoValue showed that the eight spot Solana ETFs trading in the US posted combined net outflows of $1.17 million on April 24. Cumulative net infl

US Spot XRP ETFs Draw $6.44 Million, Lifting Cumulative Inflows to $1.29 Billion

US spot XRP exchange-traded funds extended their streak of net inflows. Data from SoSoValue show the five US spot XRP ETFs posted combined net inflows of $6.44 million on April 24. Cumulative net inflows climbed to $1.29 billion. All of the day's inf