Doohyun Hwang

Patrick Witt: "U.S. halts sale of government-held bitcoin… would consider direct purchases if Congress approves"

The U.S. government has begun groundwork to build a strategic bitcoin reserve. It says it has halted indiscriminate sales of existing digital-asset holdings and moved to conduct a comprehensive audit and overhaul its management framework. Patrick Wit

US investment advisory firm: “Bitcoin could slide to $31,000”

Global investment research firm Ned Davis Research (NDR) offered a bearish outlook, warning that Bitcoin (BTC) could be pushed down to around $31,000 going forward. The analysis says that while the price has already fallen sharply from its peak, a fu

"Once we get past the midterms, it’s over"… U.S. Treasury secretary underscores the 'golden window' for the CLARITY Act

As volatility in the digital-asset (cryptocurrency) market has recently intensified, U.S. Treasury Secretary Scott Bessent urged swift passage of the “Digital Asset Market Clarity Act (the CLARITY Act)” to help stabilize markets. On the 13th (local t

Russia’s central bank: ‘Study to assess feasibility of introducing stablecoins… reviewing our existing stance’

The Bank of Russia will conduct a study this year to assess the feasibility of issuing stablecoins. Long known for maintaining a hardline stance on virtual assets (cryptocurrencies), the central bank is now seen as leaving the door open to change in

Coinbase CEO: "Banning crypto interest could actually benefit us…still opposed"

Brian Armstrong, chief executive officer (CEO) of Coinbase, offered a paradoxical response to the recently debated regulation that would ban reward payments on virtual assets (cryptocurrencies), saying it "could actually help the company’s profitabil

Tether makes strategic investment in Hyperliquid-based exchange Dreamcash

Tether has made a strategic investment in Supreme Liquid Labs, the operator of Dreamcash, a Hyperliquid (HYPE)-based mobile trading platform. According to Dreamcash on the 13th (local time), the investment was made to expand the real-world asset (RWA

Grayscale files for spot Aave (AAVE) ETF

Grayscale, a global digital-asset (cryptocurrency) manager, is pushing to launch a spot exchange-traded fund (ETF) tied to Aave (AAVE), widely seen as a bellwether in decentralized finance (DeFi). According to filings disclosed by the U.S. Securities

Truth Social files for crypto ETF…to hold Bitcoin and Ethereum

Yorkville America Equities, an asset manager marketing U.S. President Donald Trump’s social media brand “Truth Social,” is stepping up its push into the crypto exchange-traded fund (ETF) market. According to CoinDesk on the 13th (local time), Yorkvil

NXT·KDX Consortia Win Approval for 'Fractional Investment OTC Exchange'...Lucent Block Fails

The 'KDX consortium,' led by Korea Exchange (KRX) and Koscom, and the 'NXT consortium,' formed by NextTrade and Musicow, have been selected as preliminary licensees to operate an over-the-counter (OTC) exchange where fractional investment products ca

US spot Ethereum ETFs post $113 million in net outflows

US spot Ethereum (ETH) exchange-traded funds (ETFs) logged more than $100 million in outflows in a single day. According to data from TraderT on the 12th (local time), total net outflows from US spot Ethereum ETFs came to $113.08 million. By product,

US spot Bitcoin ETFs see $400 million net outflow in a day

More than $400 million flowed out of US spot Bitcoin exchange-traded funds (ETFs) in a single day. According to data from Trader T on the 12th (local time), the 12 US spot Bitcoin ETFs recorded total net outflows of $410.57 million on the day. BlackR

"AI and crypto mining are driving a surge in power demand"… Eversource’s Q4 net profit jumps

Eversource Energy, a major utility in the U.S. Northeast, delivered improved fourth-quarter results last year on the back of a sharp rise in electricity demand driven by the expansion of data centers for artificial intelligence (AI) and digital-asset

BitGo, 21Shares Expand Partnership…Stepping Up ETF Custody and Staking Cooperation

Digital-asset custody specialist BitGo is set to significantly expand its partnership with global crypto asset manager 21Shares. On the 12th (local time), BitGo and 21Shares said they will extend their existing collaboration to support custody and st

CryptoQuant: “Bitcoin hasn’t bottomed yet... further downside possible”

Bitcoin (BTC) has recently plunged, triggering a wave of realized losses, but an analysis suggests on-chain data indicate the market has yet to reach a true bottom. On the 12th (local time), CryptoQuant, a crypto-asset (cryptocurrency) data analytics

"We will protect stablecoin interest"…Coinbase CEO confident of a deal on the CLARITY Act

Brian Armstrong, CEO of Coinbase, expressed strong confidence that a market structure can be established that both addresses the banking sector’s concerns and advances U.S. President Donald Trump’s digital-asset (cryptocurrency) agenda. On the 12th (

Government: "Tighten internal controls at crypto exchanges and strengthen market surveillance"

The government assessed that even with the recent increase in price volatility in the virtual asset (cryptocurrency) market, the likelihood of a direct spillover to the broader financial market is limited. However, in connection with the recent “Bith

Hibachi to build stablecoin FX exchange on Circle’s Layer-1 blockchain Arc

Decentralized perpetual futures exchange Hibachi said on the 11th that it is developing a new foreign-exchange (FX) exchange based on “Arc,” a Layer-1 blockchain network built by Circle. Hibachi, a portfolio company of Circle Ventures, is participati

US CFTC launches 'Innovation Advisory Committee'…Coinbase and Robinhood CEOs join

The US Commodity Futures Trading Commission (CFTC) has recruited a large slate of chief executives from major companies spanning digital assets (crypto), fintech and traditional finance, setting its financial-innovation push under the Trump administr

Fed moves to classify crypto as a separate asset class…tightening derivatives margin rules

The US Federal Reserve (Fed) has proposed classifying virtual assets (cryptoassets) as a distinct asset class—separate from equities or foreign exchange—and applying derivatives margin regulations accordingly. The move is seen as aimed at managing ri

Bithumb warns of phishing impersonating compensation for erroneous Bitcoin payments…Do not click messages containing URLs

Bithumb urged users to be vigilant against phishing messages impersonating compensation notices related to the earlier incident involving an erroneous payout of Random Box Bitcoin (BTC). First, the compensation notice message does not include a URL l

Hashed unveils details of 'Vibe Labs,' an accelerator to nurture AI-native builders

Hashed, a global Web3 venture capital firm, on the 13th released operational details of “Hashed Vibe Labs,” an eight-week intensive program designed to cultivate AI-native builders, following its official launch. Vibe Labs is Hashed’s newly introduce

Bitcoin gives up $65,000 as tech stocks weaken…moving in sync with software shares

Bitcoin fell overnight in tandem with weakness in tech stocks, sliding to around the $65,000 level. It has surrendered most of the gains it showed after recently reclaiming $70,000, reverting to near last week’s lows. According to Binance’s Tether (U

Aptos-based 'Decibel' to introduce proprietary stablecoin ahead of mainnet launch this month

The Decibel Foundation, incubated by Aptos Labs, will introduce its protocol-native stablecoin, “USDCBL,” ahead of the launch of its decentralized derivatives exchange mainnet later this month. On the 11th (local time), the Decibel Foundation said vi

Coinbase posts Q4 earnings miss…results hit by sharp drop in trading

Coinbase, the largest cryptoasset (cryptocurrency) exchange in the US, reported fourth-quarter results that fell short of market expectations. The downturn is attributed mainly to falling crypto prices and a pullback in investors’ trading activity. O

[Exclusive] Toss Reviews Acquisition of Overseas Crypto Exchange… In Talks With US Institutional Platform

Toss, which has set up a dedicated blockchain organization, has been confirmed to be sounding out the market with a view to acquiring an overseas virtual-asset (cryptocurrency) exchange. In particular, it has been found to be maintaining contacts wit

[Exclusive] Toss sets up a dedicated blockchain unit…begins building digital-asset infrastructure

Viva Republica, the operator of the mobile financial platform Toss, has established a dedicated blockchain organization and begun building digital-asset infrastructure. As discussions over institutionalizing virtual assets (cryptocurrencies) gain mom

[Exclusive] Fashion Group Hyungji joins hands with Arbitrum…to roll out stablecoin payments and adopt DeFi

Signs strategic partnership with Arbitrum Introduces stablecoin payments at 2,000 stores Also pushes membership tokenization and DeFi integration Korean mid-sized fashion retailer Fashion Group Hyungji (Hyungji) is moving to fully introduce a virtual

KGeN launches 'KStore,' a crypto payment marketplace

Web3 infrastructure company KGeN said on the 11th that it has launched 'KStore,' a marketplace that allows users to purchase goods directly with virtual assets (cryptocurrencies). KStore is a platform designed to enable purchases from some 400 global

LayerZero, which drove '₩16 trillion Tether inflows,' unveils mainnet…steps up push into Korea

LayerZero launches 'Zero' mainnet Zero-knowledge proofs adopted...costs cut to one-fiftieth Wall Street heavyweights join, including Citadel and ARK Invest "Even Tether sees profit growth"…courting Korea’s financial sector Cross-chain interoperabilit

"Tether boosted profits sharply with our technology"…LayerZero CEO sends a 'love call' to South Korea’s financial sector

"Tether, the world’s largest stablecoin issuer, increased assets under management (AUM) by $11 billion (about ₩16 trillion) just nine months after adopting LayerZero’s solution. On an annualized basis, that translates to roughly ₩600 billion in reven