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Canary Capital's application for a Litecoin (LTC) spot exchange-traded fund (ETF) has become uncertain. The U.S. Securities and Exchange Commission (SEC) has not taken any action despite missing the initial decision deadline scheduled for Oct. 3 (loc
New York State in the United States is pushing a bill to impose a new tax on miners of proof-of-work (PoW)-based virtual assets (cryptocurrencies), such as Bitcoin (BTC). The reason is that power consumption from mining is driving up electricity bill
Boundless (ZKC) was designated as a cautionary listing on major domestic virtual asset (cryptocurrency) exchanges less than three weeks after being listed. The Boundless Foundation said it is cooperating to resolve the issue and clarified that there
Jesse Pollak, head of BASE (the Layer-2 network operated by Coinbase), emphasized a cautious approach regarding plans to issue a token. On the 2nd (local time), Pollak said on Fortune's podcast 'Crypto Playbook' that "BASE's code is fully open source
Spanish bank 'BBVA' is partnering with Singapore exchange 'SGX FX' to launch a service that allows retail customers to trade virtual assets (cryptocurrencies) directly through its platform. This is the first time a bank has introduced virtual asset t
The selection process for the next chair of the U.S. Commodity Futures Trading Commission (CFTC) is gaining momentum. After President Donald Trump’s first nominee, former commissioner Brian Quintenz, was defeated, the White House is actively reviewin
Crypto Now Fading Expectations for US Rate Cuts Rising Shutdown Fears Also Weigh Ethereum fell to its lowest level in about two months. Analysts say investor sentiment has been dampened as expectations for US policy rate cuts have weakened, compounde
Decentralized finance (DeFi) project 'Hyperdrive' is reported to have suffered significant damage from a hack. On the 27th (local time), blockchain security firm PeckShield said Hyperdrive was recently hacked, with approximately $773,000 worth of ass
<Next week's major economic schedule> ▶︎29 (Mon) : △Christopher Waller, U.S. Federal Reserve (Fed) governor speech (KST 20:30) ▶︎30 (Tue) : △China September Manufacturing Purchasing Managers' Index (PMI, KST 10:30) △UK Q2 GDP (KST 15:00) △US August D
The crypto asset (cryptocurrency) holdings of institutions that have adopted Digital Asset Treasuries (Digital Asset Treasuries·DAT) amount to $105 billion, effectively determining the supply of major blockchain networks. Alongside analyses that this
A forecast has emerged that Bitcoin (BTC) adoption at the national level will spread rapidly. Samson Mow, founder of Jan3, said on the 28th (local time) on the 'What Bitcoin Did' podcast released on YouTube, "(Nation-state adoption of Bitcoin) is at
The U.S. Bitcoin spot exchange-traded fund (ETF) market experienced net outflows of $903 million last week. However, BlackRock's Bitcoin ETF, IBIT, stood out as the only fund to record net inflows. On the 27th (local time), cryptocurrency data firm S
Cathie Wood, founder and CEO of ARK Invest, acknowledged that interest in Ethereum (ETH) is growing but drew a line, saying it cannot replace Bitcoin (BTC). Wood said in an interview on the podcast 'Master Investor' on September 27 (local time) that
Binance founder Changpeng Zhao directly stated that former Binance employees have partially joined the BNB-based decentralized derivatives exchange Aster (ASTER), and that Yzi Labs holds a minority stake. On the 27th (local time), Founder Zhao replie
An analysis has emerged that the derivatives market will lift Bitcoin (BTC)'s market capitalization to over $10 trillion. On the 27th, according to global virtual asset (cryptocurrency) exchange Binance, Bitcoin's market cap was about 2.2 trillion wo
A record weekly outflow occurred from spot Ethereum (ETH) exchange-traded funds (ETFs). This coincided with a decline in major crypto asset (cryptocurrency) prices, weakening demand from institutional investors. On the 27th (local time), crypto asset
Won-denominated stablecoin should be 'bank-centered' 'Stability' more important than innovation… Must fit Korean reality Party TF to pursue legislation by the first half of next year Will establish a Korean-style won stablecoin system As the Democrat
Ethereum (ETH) fell below the $4,000 level, which had been considered a psychological support. On the 25th (local time), Ethereum slid to $3,815 on Binance, marking its lowest level in over two months. The sharp drop was driven by large-scale leverag
BlackRock showed a cautious stance regarding the possibility of launching spot ETFs for XRP or Solana (SOL). Robbie Michnik, BlackRock's Global Head of Digital Assets, said in an interview with Nate Geraci, CEO of NovaDius Wealth, on the 25th (local
Simon Gerovich, chief executive officer (CEO) of Metaplanet (Metaplanet), expressed confidence, saying "We are unshaken" despite the downturn in the virtual asset (cryptocurrency) market. In a statement on the 25th (local time), CEO Gerovich said, "M
Global verified distribution protocol company KGeN announced on the 26th that it has officially entered the Korean market. KGeN is the world's largest 'Verified Distribution Protocol' with more than 38 million real users, and through this entry plans
SEC Commissioner Paul Atkins said that regarding conflicts of interest within the virtual asset (cryptocurrency) industry, "we will establish standards and, if necessary, conduct investigations." On the 25th (local time), according to The Block, Atki
Cryptocurrency asset manager Bitwise has filed an application with the U.S. Securities and Exchange Commission (SEC) for approval of a 'Hyperliquid (HYPE) spot exchange-traded fund (ETF)'. According to BlockNews on the 25th (local time), this ETF is
U.S. financial authorities are investigating trading patterns of companies that have promoted purchases of Bitcoin (BTC) and other virtual assets (cryptocurrencies) as a core strategy. In recent months, the number of companies announcing plans to ado
Cryptocurrency mining firm TeraWulf is expected to raise about $3 billion to expand its data centers. On the 25th (local time), Bloomberg reported that Google is participating in the fundraising and Morgan Stanley is participating as the lead manager
The world's largest asset manager BlackRock reportedly submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch a "Bitcoin Premium Income ETF" valued at US$12.5 trillion. On the 25th (local time), according to KuCoin, B
Adeniyi Abiodun Mistine Labs CPO Edison Chen CUDIS CEO Exclusive joint interview Sui·CUDIS, blockchain-based healthcare alliance Aiming for 'mainstream'…"Will become a service in everyday life" Limited-edition ring release…pop-up store in Seoul "Kore
Origin Summit hosted by IP blockchain infrastructure firm Story Min Byung-deok: “Combined with Korea-style IP, it will beat dollar stablecoins” Lee Jun-seok: “Financial innovation is possible...risk management must come first” There is growing optimi
IP blockchain infrastructure story host 'Origin Summit' HYBE·SM·The Black Label in one place K-pop expanding beyond music into global IP business Attention on combining blockchain and web3 technologies K-pop fandoms are evolving from mere consumers i
Lee Seung-yoon, CEO of Story (STORY), emphasized, "South Korea is the most intellectual property (IP)-friendly country in the world and at the same time AI- and crypto-friendly," adding, "At the point where IP, AI, and blockchain converge, South Kore