Doohyun Hwang

Kim Min-seok Pledges Push for Won Stablecoin, Tokenized Securities Framework

Former Prime Minister Kim Min-seok, a candidate in the Democratic Party's Aug. 17 convention for party leader, pledged to make the institutionalization of won stablecoins and tokenized securities a core part of his financial reform agenda. He also vo

US Bitcoin ETFs Draw $132.3 Million in One Day as Altcoin Funds Stay Quiet

More than $130 million flowed into spot Bitcoin exchange-traded funds listed in the US in a single day. Spot Ether ETFs drew another $36.73 million. By contrast, net flows for altcoin ETFs tied to XRP and Solana were flat. Data from SoSoValue for Jul

US Spot Ether ETFs Post $36.73 Million of Net Inflows

US spot Ether exchange-traded funds drew more than $36 million of net inflows in a single day. Data from SoSoValue showed the 10 spot Ether ETFs trading in the US recorded combined net inflows of $36.73 million on July 17. BlackRock's ETHA led the gr

CryptoQuant Says Strategy Still Needs Systematic Bitcoin Trading Rules

CryptoQuant said Strategy’s new capital management strategy has eased liquidity concerns but still lacks systematic rules for buying and selling Bitcoin. The Block reported July 17 that CryptoQuant Head of Research Julio Moreno, in a report, assessed

US Spot-Bitcoin ETFs See $132.3 Million of Net Inflows

More than $100 million flowed into the U.S. spot-Bitcoin exchange-traded fund market in a single day. Data from SoSoValue showed the 13 U.S. spot-Bitcoin ETFs recorded combined net inflows of $132.3 million on July 17. The products have now posted in

Seattle Raccoon Meme Sends Solana Token JIMOTHY Soaring 52-Fold in a Day

A Seattle raccoon that went viral online has helped send a cryptocurrency inspired by the animal soaring in just one day. CoinGecko data on July 17 showed the Solana-based meme coin JIMOTHY the Raccoon climbed to a record intraday market capitalizati

US Ends Seven Days of Strikes on Iran, Says Key Military Sites Were Devastated

US Central Command said it had successfully concluded seven consecutive days of intensive military strikes on Iran. Alongside the air campaign, the US military also fully enforced a maritime blockade on Iranian ports, escalating pressure to its highe

Philadelphia Semiconductor Index Falls Into Bear Market After 20.2% Slide From Record High

The Philadelphia Semiconductor Index, or SOX, has entered a technical bear market. The SOX fell 1.6% on July 17, ending 20.2% below its record closing high set on June 22. An index is typically considered to be in a bear market when it drops 20% or m

France Orders Nationwide Block of Polymarket Over Illegal Gambling Concerns

France’s gambling regulator has ordered a nationwide block on access to prediction-market platform Polymarket. Reuters reported on July 17 that the National Gambling Authority, known as ANJ, instructed French internet service providers to block acces

Galaxy Digital Signs 15-Year Naming Rights Deal for Texas Tech Football Stadium

Galaxy Digital has secured the naming rights to Texas Tech University's football stadium. Cointelegraph reported on July 17 that Galaxy Digital signed a 15-year naming rights agreement with Texas Tech University. The stadium will be called Galaxy Sta

US Central Command Strikes Iran for Seventh Straight Day, Enforces Maritime Blockade

The US Central Command has carried out high-intensity strikes on Iran for a seventh straight day while simultaneously enforcing a full maritime blockade, stepping up pressure on multiple fronts. CENTCOM said on X on July 17 that it launched additiona

Nigeria Puts Executive Order Unifying Crypto Oversight Into Effect

Nigeria has put into effect the 2026 Virtual Asset Coordination Executive Order, clarifying regulatory authority over virtual assets and mandating cooperation among government agencies. Premium Times reported on July 17 that President Bola Tinubu sig

US Crypto Market Structure Bill Faces Tougher Senate Math as GOP May Need 7 to 9 Democratic Votes

The Senate path for the CLARITY Act, a key bill for bringing the US crypto market into the regulatory mainstream, has grown more complicated. Republican Senator Lindsey Graham's sudden death and uncertainty over whether Republican Senator Mitch McCon

Robinhood Chain Meme Coin CASHCAT Briefly Tops $200 Million Market Value

CASHCAT, the flagship meme coin on Robinhood Chain, climbed to another record high. CoinGecko data on July 10 showed CASHCAT surged more than 20% intraday, briefly lifting its market capitalization above $200 million. The token broke its previous all

US Housing Bill Barring Fed CBDC Becomes Law Without Trump Signature

A bipartisan US housing bill, the 21st Century ROAD to Housing Act, has become law without President Donald Trump’s signature. The legislation includes a provision that bars the Federal Reserve from issuing a central bank digital currency, or CBDC. T

Robinhood to Add AI Agent Integration for Crypto Trading

Robinhood Markets Inc., the U.S. stock and cryptocurrency trading platform, is expanding its artificial intelligence agent features into crypto trading. The company announced on July 10 that it plans to soon introduce a feature allowing users to conn

Bitcoin, Ether, Solana and XRP ETFs Draw Inflows; Hyperliquid Alone Posts Outflows

U.S.-listed spot cryptocurrency exchange-traded funds attracted fresh capital on July 10, led by Bitcoin and Ether. Spot Solana and XRP ETFs also posted modest inflows. Among altcoin ETFs, only Hyperliquid recorded net outflows. Data from SoSoValue s

US Spot Ether ETFs See $18.43 Million of Net Inflows

US-listed spot Ether exchange-traded funds posted net inflows of $18.43 million in a single day. Data from SoSoValue on July 10 showed total daily net inflows into the US spot Ether ETF market of $18.43 million. Cumulative net inflows for the market

US Spot-Bitcoin ETFs Draw $90.44 Million in Net Inflows

US-listed spot-Bitcoin exchange-traded funds recorded more than $90 million of net inflows in a single day. Data from SoSoValue showed total daily net inflows for US spot-Bitcoin ETFs reached $90.44 million on July 10. BlackRock's spot-Bitcoin ETF, I

US Justice Department Seeks to Drop Charges Against BitClub Founder in $722 Million Crypto Fraud Case

The US Department of Justice is moving to drop charges against a BitClub Network founder accused in a $722 million cryptocurrency fraud case. Cointelegraph reported on July 10 that two people familiar with the matter said the Office of the Deputy Att

Bitcoin Nears $65,000 as Selling Overhang Clears, ETF Inflows Continue

Bitcoin climbed to the doorstep of $65,000 as a mix of bullish catalysts lifted the token. The advance followed the easing of major selling pressure that had weighed on the market, alongside rising expectations for regulatory relief and continued inf

Custodia Bank Seeks Supreme Court Review of Fed Master Account Denial

Custodia Bank, a US crypto-focused bank, has asked the Supreme Court to review what it calls the Federal Reserve’s unlawful denial of access to the central bank’s payments system. Bloomberg reported on July 10 that Custodia filed a petition for certi

Senate Democrats Seek Hearing on Trump Crypto Holdings

Democratic senators are calling for hearings into potential conflicts of interest tied to President Donald Trump’s cryptocurrency holdings. Cointelegraph reported on July 10 that the top Democrats on five US Senate committees and subcommittees sent a

[Exclusive] South Korea Says Tokenized Stocks Are Securities, Starts Preparing Taxes

FSC says tokenized stocks qualify as securities Finance Ministry says current capital-markets law allows taxation immediately Dividend and capital-gains taxes set to apply South Korea’s Financial Services Commission has made clear that fast-growing t

Hyundai Card, Hyundai Motor Complete Stablecoin Remittance Pilot Between Overseas Units

Hyundai Card and Hyundai Motor Co. have completed a proof of concept for fund transfers between overseas affiliates using stablecoins and have begun building infrastructure for a commercial rollout. Hyundai Card said July 9 that it had completed the

Populous Joins Japan’s WebX 2026 as Research Partner

Populous, an Asia-based blockchain research firm, said July 9 that it will join WebX 2026 in Tokyo as a research partner. The conference will run for two days starting July 13. WebX is one of Asia’s largest global Web3 conferences. This year’s event

Upbit Lists Decentralized AI Token OpenGradient (OPG) on Korean Won Market

Upbit, a South Korean cryptocurrency exchange, has added OpenGradient (OPG), a decentralized artificial intelligence infrastructure network, to its Korean won market. According to an Upbit notice, trading support for OPG on the Korean won market bega

Toss, Optimism and Sunnyside Labs to Test Infrastructure for Won-Pegged Stablecoin

Toss said July 8 that it will work with global layer-2 blockchain firm Optimism and privacy-solutions developer Sunnyside Labs to test digital financial infrastructure based on the Korean won. Viva Republica, the operator of Toss, signed a memorandum

Bonk DAO Governance Attack Drains $20 Million, Sends Meme Coin Down 18%

DAO voting rules exploited in $20 million drain Bonk tumbles 18% in one day Debate grows over whether deceptive proposal constitutes fraud A major theft struck Bonk, a leading meme coin in the Solana ecosystem, after an attacker exploited the decentr

South Korea Review Board Delays Polymarket Sanctions Decision to Hear Operator

The Korea Communications Standards Commission will first hear from Polymarket's operator before deciding whether to seek corrective action against the overseas blockchain-based prediction market platform. The commission's Communications Review Subcom