Doohyun Hwang

LayerZero launches mainnet 'Zero'… “Handling NYSE-scale trading volume”

Unveils proprietary mainnet 'Zero' “Processes 2 million transactions per second… pushing past blockchain limits” Participants include ICE, Citadel and Google Cloud Partners domestically with a Nexon subsidiary LayerZero, a cross-chain interoperabilit

"We’ll push past DeFi’s limits"… SynFutures declares shift to a 'derivatives layer' [Cointerview]

Interview with SynFutures co-founder Mark Lee Mainnet launch teased as it accelerates pivot to derivatives infrastructure "Centralized-exchange-level speed and predictable costs" "Mass adoption hinges on UX and trust design, not just technology" SynF

Lying about buying Bitcoin at $6,000?…Kiyosaki: “Does the purchase timing matter?”

Robert Kiyosaki, best-selling author of Rich Dad Poor Dad, pushed back against controversy over when he bought Bitcoin, saying “what matters is not the date, but the price and value.” In a post on X on the 7th (local time), Kiyosaki said, “Some peopl

FSC: Crypto exchanges need internal controls on par with financial institutions

FSC Chairman Lee Eok-won convened an inspection meeting with the Korea Financial Intelligence Unit (FIU) and the Financial Supervisory Service (FSS) to discuss user protection and measures to improve the regulatory framework in connection with Bithum

Bithumb to waive trading fees for all customers for one week

Bithumb said on the 8th that it will set trading fees for all transactions at 0% for seven days as customer compensation related to a recent erroneous Bitcoin (BTC) payout incident. The 0% trading fee will apply for a total of seven days, from 00:00

[Key Economic and Crypto Events for the Week Ahead] U.S. January CPI, etc.

<Key economic events next week> ▶︎9 (Mon): ▶︎10 (Tue): △Speech by Christopher Waller, Member of the Board of Governors of the U.S. Federal Reserve (KST 03:30) △U.S. December retail sales (KST 22:30) ▶︎11 (Wed): △U.S. January nonfarm payrolls (KST 22:

Bitcoin breaks above $70,000

Jim Cramer: "I heard Trump is filling the Bitcoin strategic reserve at $60,000"

Jim Cramer, a former fund manager and popular CNBC host, has drawn attention in the crypto market after saying he "heard that President Donald Trump is buying Bitcoin as a U.S. strategic reserve asset." Cramer said on CNBC on the 7th (local time), "I

Revenue, AI, institutional capital… Bitwise CIO names the next crypto trends

Matt Hougan, chief investment officer (CIO) at Bitwise, selected nine key narratives he believes will lead the next upcycle in the digital-asset (cryptocurrency) market. On the 7th (local time), Hougan wrote on X, “The crypto market is driven by narr

Bithumb completes asset reconciliation following erroneous payout incident… begins compensation payments

Bithumb said on the 8th that it has completed reconciliation of customer assets as of 10:45 p.m. on the 7th in connection with a recent erroneous payout of Bitcoin (BTC), and will begin rolling out compensation payments in phases. Immediately after t

Seeking a solution to 'stablecoin interest'… White House to convene finance and crypto industry on the 10th

The White House is convening a meeting to mediate a dispute between the banking sector and the virtual asset (cryptocurrency) industry over the issue of interest on stablecoins. According to Crypto In America on the 7th (local time), the White House

Trend Research liquidates entire Ethereum position… $700 million loss

Trend Research has disposed of its large Ethereum (ETH) holdings in full, effectively moving to a complete liquidation. According to data from Arkham Intelligence on the 7th (local time), Trend Research transferred about 31,073 Ether it held that day

"Bitcoin plunge blamed on Hong Kong hedge funds’ aggressive leveraged bets"

Bitcoin’s price plunged by nearly $15,000 in a single day, marking the worst volatility since the 2022 “FTX crisis,” with failed, highly leveraged bets by Hong Kong hedge funds increasingly being singled out as a key driver of the selloff. According

"Stablecoins could collapse at any time"…Warning from South African central bank governor

Lesetja Kganyago, governor of the South African Reserve Bank (SARB), has issued a strong warning about the risks posed by stablecoins, which have been gaining popularity. His point is that stablecoins, a type of virtual asset (cryptocurrency), could

Coinbase CEO: "Crypto volatility is nothing new... bullish long-term outlook intact"

As the digital asset (cryptocurrency) market grapples with extreme volatility, Coinbase CEO Brian Armstrong stressed that “the recent sharp sell-off is merely part of a cycle that has always existed in crypto’s history, and nothing has changed in the

VanEck: “Bitcoin’s sharp drop is a deleveraging process…many downside factors have been cleared”

With Bitcoin (BTC) plunging about 19% over the past week and sliding to the mid-$60,000s, an analysis has emerged that this decline is less a panic-driven collapse triggered by a single event than a structural unwinding of excessive leverage that had

Bitcoin falls below $70,000

Arthur Hayes: “Bitcoin’s sharp drop likely due to BlackRock’s ‘IBIT’”

As Bitcoin’s price has plunged recently—at one point falling to $60,000—an analysis has emerged that this sell-off may be driven by derivatives (structured products) linked to BlackRock’s spot Bitcoin ETF, ‘IBIT’. On the 6th (local time), Arthur Haye

Glassnode: "Bitcoin enters deep bear market... similar to the Terra crisis period"

An analysis has found that the Bitcoin (BTC) market has already entered a deep bear market. A downturn signal that began in late October last year has materialized, with prices plunging about 45% from the peak, and the market structure is said to res

Trump: "Dow tops 50,000 for the first time thanks to tariffs… headed for 100,000 during my term"

U.S. President Donald Trump touted the Dow Jones Industrial Average’s (Dow) first-ever break above 50,000 as one of his biggest achievements, boasting that he will usher in an “era of Dow 100,000” during his term. On the 6th (local time), Trump wrote

a16z: “Crypto’s non-financial model isn’t a failure… it needs a long-term view”

“Recently, a view has been spreading in parts of the industry like a fad—that ‘non-financial use cases for cryptoassets (cryptocurrencies) are dead,’ or that the vision in my book ‘Read Write Own’ has failed. But that completely misunderstands the es

White House to resume talks on stablecoin interest—banks now at the table

The White House is set to reopen discussions on paying interest on stablecoins. This time, representatives from the banking sector are expected to join the talks in person, drawing market attention to whether the debate can move forward. Eleanor Terr

Trend Research moves 1 trillion won worth of Ethereum to Binance over six days

Trend Research has transferred more than 1 trillion won worth of Ethereum (ETH) to global crypto exchange Binance over the past six days, data showed. According to on-chain data analytics platform OnchainLens on the 6th (local time), Trend Research s

Despite Bitcoin’s Rebound… Derivatives Market Still Flashing Warning Signals

Bitcoin (BTC) has managed to bounce off a short-term low, but analysts say warning lights are still flashing in the derivatives market. While spot prices have risen, investor sentiment in the futures market has frozen to its worst level in a year. Ac

Bitcoin tops $71,000... up 12% from the previous day

Bithumb: "Recovered 99% of mistakenly distributed Bitcoin…remaining amount to be covered with company assets"

South Korean virtual asset (cryptocurrency) exchange Bithumb said it has recovered more than 99% of the Bitcoin that was mistakenly distributed in an incident on the 6th. On the 7th, Bithumb said in a notice, "During the process of paying out event r

Bitcoin (BTC) breaks above $66,000

"If you don't like regulation, leave"…U.S. Treasury Secretary aims pointed remarks at the crypto industry

U.S. Treasury Secretary Scott Bessent urged the virtual asset (cryptocurrency) industry to comply strictly with regulations, delivering pointed remarks that "if you don't like regulation, go to El Salvador." He also said the convergence of traditiona

Korbit renews virtual asset service provider status… second after Upbit

Korbit, a South Korean virtual asset (cryptocurrency) exchange, has renewed its operator status after passing a re-examination by financial authorities. According to the virtual asset industry on the 6th, the Korea Financial Intelligence Unit (FIU) o

US Bitcoin ETFs See $400 Million ‘Ebb’ in a Day...No Products Posted Net Inflows

More than $400 million flowed out of the spot Bitcoin ETF market. According to data from Trader T on the 5th, the combined net outflows across 11 US spot Bitcoin ETFs totaled $434.29 million. As Bitcoin prices plunged, what appears to have been a wav