Doohyun Hwang

Ostium raises $20 million in Series A... General Catalyst · Jump Trading co-led

Ostium, a global derivatives platform bridging decentralized finance (DeFi) and traditional finance, officially announced on the 4th that it raised $20 million in a Series A round. The round was co-led by General Catalyst and Jump Trading, with parti

Bitcoin recovers to $93,000… 'Breathing room' from institutional demand and policy easing

Bitcoin (BTC) quickly rebounded after a sharp plunge and recovered the $93,000 level. Analysts say that easing U.S. policy uncertainty and changes in the attitude of traditional finance have combined to calm investor sentiment. Bitcoin, which had bee

Bitcoin (BTC) surpasses $93,000

U.S. Solana (SOL) spot ETF, $45.77 million net inflows

The U.S. Solana (SOL) spot ETF recorded net inflows of $45.77 million on the 2nd (local time). According to SoSoValue's data that day, the product that attracted the most funds was Bitwise's 'BSOL', which saw $29.45 million flow in during the day. BS

Kalshi, data partnership with CNN…Prediction market information to be actively reflected in news

Prediction market platform Kalshi said on the 2nd (local time) that it had entered a data integration partnership with CNN. Under this partnership, CNN will name Kalshi as its official prediction market data partner and will use Kalshi's real-time pr

Kyobo Life Insurance Participates in Circle Blockchain Network 'Arc' Public Testnet

Kyobo Life Insurance said on the 3rd that it participated in the public testnet of Circle's blockchain network 'Arc'. This is the first time a domestic insurer has participated in the Arc testnet. Circle is the issuer of the US dollar-based stablecoi

XRP whale demand at highest in 7 years… technical indicators are bearish

XRP has barely held the $2 level after the recent market plunge, but on-chain data shows whale buying at its highest level in seven years. However, technical indicators still point to weakness. On the 2nd (local time), on-chain analytics platform San

BitMine shows signs of additionally purchasing 18,345 Ethereum

A large additional purchase of Ethereum (ETH) by BitMine has been detected. On the 2nd (local time), on-chain data showed that a wallet believed to be owned by BitMine received a transfer of 18,345 Ethereum (about $55.25 million) from custody firm Bi

RedotPay partners with Ripple to launch 'virtual assets → naira (NGN)' instant settlement service

Stablecoin-based global payments fintech RedotPay has entered a partnership with Ripple and is launching a feature that instantly settles virtual assets (cryptocurrencies) into Nigeria's naira (NGN). On the 2nd (local time), Ripple said, "Through thi

Ethereum recovers $3,000…investors remain 'skeptical'

Ethereum(ETH) has reclaimed the $3,000 level, but the market still views Ethereum's short-term direction negatively. On the 2nd (local time), according to Cointelegraph, Ethereum's futures premium remained at around an annual 3%. Considering that it

Surge in US Bitcoin spot ETF trading as Bitcoin rebounds… IBIT trades $3.7 billion in a day

Bitcoin prices rebounded immediately after a sharp plunge, leading to a surge in trading of Bitcoin spot exchange-traded funds (ETFs) in the U.S. market. On the 2nd (local time), according to CoinDesk, BlackRock's 'IBIT' posted one of the top trading

Limitless "Cumulative trading exceeds $500 million... Engagement up with time-unit predictions" [Coin Interview]

Interview with CJ Hedderington, Limitless Co-founder and CEO Prediction market platform ranked No.1 in Base ecosystem transaction volume Cumulative trading surpasses $500 million·Secured $10 million seed "Korea, 30% presale participation…Strengthenin

Infrared surpasses $2 billion in total value locked 8 months after launch

Infrared disclosed on the 1st its eight-month performance and future roadmap since the Berachain mainnet launch. Infrared is a liquid staking protocol founded on the Proof of Liquidity (PoL) model, regarded as the next-generation structure of decentr

U.S. Bitcoin spot ETF, $71.31 million net inflow

A net inflow of $71.31 million occurred in the U.S. Bitcoin (BTC) spot ETF market. On the 28th (local time), according to TraderT's data, the largest inflow was led by Ark Invest's 'ARKB', which recorded a net inflow of $88.04 million. Fidelity's 'FB

U.S. spot Ethereum ETF posts $77.1 million net inflow... five consecutive trading days

U.S. spot Ethereum (ETH) ETFs recorded net inflows for five consecutive trading days. On the 28th (local time), according to data from Trader T, U.S.-traded spot Ethereum (ETH) ETFs saw net inflows of $77.1 million. The largest inflow was into BlackR

[Analysis] "Negative factors already priced into Bitcoin price... Upside potential is increasing"

An analysis has been raised that Bitcoin (BTC) has increasing upside potential. On the 28th (local time), Andrei Dragosh, head of Bitwise Europe research, said on his X, "The current macro environment is very similar to the early days of the COVID-19

U.S. Solana spot ETF turns to net inflows in one day

U.S. Solana (SOL) spot ETFs recorded net inflows again in just one day. On the 28th (local time), according to Paside Investorsr, the total net inflows for Solana spot ETFs trading in the U.S. amounted to $5.3 million. By product, Grayscale's 'GSOL'

US XRP spot ETF, $22.68 million net inflow

U.S. XRP spot ETFs recorded net inflows of more than $20 million on the 28th (local time). According to SosoValue's data, total net inflows into XRP spot ETFs that day amounted to $22.68 million. Among them, Franklin's 'XRPZ' attracted the most funds

U.S. stocks closed higher across the board…cryptocurrency-related stocks also rose

U.S. stocks closed higher on the 28th (local time), and major virtual asset (cryptocurrency)-related names generally showed strength. In addition to hopes for interest rate cuts, the overlap with Black Friday drove gains in the retail sector, which h

Arthur Hayes "Bitcoin has hit the bottom... Will reach $250,000 by year-end"

Arthur Hayes, co‑founder of BitMEX, once again stood by his forecast that Bitcoin (BTC) will reach $250,000 by year‑end. On the 28th (local time), appearing on the Milk Road Show, Hayes said, "I will not change my outlook." He had previously identifi

CoinShares withdraws Solana staking ETF application

CoinShares has officially withdrawn its plan for a Solana (SOL) staking exchange-traded fund (ETF) that it was pursuing in the United States. On the 28th (local time), CoinShares requested that the U.S. Securities and Exchange Commission (SEC) withdr

U.S. lawmaker chooses 'Pudgy Penguin'...boosting its presence in Washington

Pudgy Penguins' operator Igloo (Igloo Inc.) is actively expanding its policy·diplomacy network in Washington D.C., U.S. Following congressional lobbying and policy partnerships, visits to European diplomatic missions, and a federal House member's eng

Switzerland delays CARF implementation for virtual assets by one year

Switzerland has decided to postpone the introduction of the automatic exchange of information system (CARF) for virtual assets (cryptocurrencies) by one year. According to Cointelegraph on the 27th (local time), the Swiss government has finalized a p

Government to assess stablecoins' impact amid soaring won–dollar exchange rate

As the won–dollar exchange rate has stabilized in the high-1,400 won range, the government will conduct an urgent review to determine whether dollar-denominated stablecoins are amplifying volatility in the foreign exchange market. According to releva

Ethereum whales skeptical about 'reclaiming $4,000' despite 15% rebound

Ethereum (ETH) price recovered about 15% from last week's low of 2623 dollars to retake the 3000 dollars level, but on-chain indicators and derivatives positions show that whale investors still do not trust a strong rebound. With decentralized financ

Authorities point to North Korean hacking organization 'Lazarus' as behind Upbit hack

North Korea's hacking group Lazarus has been identified as the party behind the KRW 44.5 billion hack at domestic virtual asset (cryptocurrency) exchange Upbit. On the 28th, according to the information and communications technology (ICT) industry an

Interpol adopts resolution to prevent virtual asset fraud

The International Criminal Police Organization (Interpol) adopted a resolution to respond to the spread of fraud crimes based on virtual assets (cryptocurrencies). The resolution was proposed by South Korea and is expected to serve as an opportunity

MegaETH (MEGA) Announces Full Refund of Token Presale Deposits

MegaETH decided to refund all deposits due to confusion that occurred during the token presale process. MegaETH said on the 27th (local time) via its official X, "We have decided to return all funds received for the MEGA sale," and added, "The sales

Naver·Dunamu: "Converging 'AI·Web3' to go global…launch next-generation financial platform"

Building a next-generation financial platform combining AI·Web3 10 trillion won investment over 5 years…nurturing the domestic tech ecosystem 'No plans' regarding Naver Financial's Nasdaq listing Naver and Dunamu have formalized their corporate combi

"Naver Financial has no set plan to list on Nasdaq"

Naver CEO Choi Soo-yeon dismissed speculation about Naver Financial's push to list on Nasdaq, saying "nothing has been decided." At a joint press conference of Naver, Naver Financial, and Dunamu held on the 27th at Naver's headquarters 'Naver 1784' i