Doohyun Hwang

Charles Schwab to Launch S&P 500 Prediction-Market Product With Cboe

Charles Schwab is joining Wall Street's prediction-market boom. The Wall Street Journal reported on June 19 that Schwab plans to work with Cboe Global Markets to launch options contracts tied to the performance of the S&P 500 Index. The product would

Bitcoin Nears $60,000 as Hawkish Fed, Strategy Funding Squeeze Add Pressure

Fed Crushes Rate-Cut Hopes Strategy Funding Channel Comes Under Strain Legislative Delays Chill Institutional Demand ‘Bitcoin Reserve’ Bill Seen as Remaining Hope Bitcoin is facing pressure on multiple fronts. A more hawkish-than-expected Federal Res

TFH’s Park Says World ID to Target Bots, Scalpers as Korea Push Focuses on Use Cases

Interview with Park Sang-wook, Korea country manager at Tools for Humanity TFH steps up plans to integrate World ID with Korean companies Focus on ticketing solution aimed at blocking bot-driven bulk buying "Lead mainstream adoption of a proof-of-hum

Neutrl Expands Yield-Bearing Stablecoin Model Using Market-Neutral Strategies

Neutrl, a stablecoin protocol, is expanding the market for yield-bearing stablecoins built on market-neutral strategies. The protocol is built around its synthetic dollar stablecoin, NUSD, and uses a model that differs from traditional stablecoin yie

Iran Still Reviewing US Peace Agreement Proposal

Iran has yet to make a final decision on whether to sign a peace agreement, local media reported. Fars News Agency and other Iranian state-affiliated outlets reported on June 14, citing sources, that Tehran has not reached a final decision on a draft

Next Week's Key Events: Fed Rate Decision, BOE June Decision

<Major economic events next week> ▶ June 15 (Mon.): U.S. May industrial production (10:15 p.m. Korea Standard Time) ▶ June 16 (Tue.): Bank of Japan rate decision (noon Korea Standard Time); U.S. ADP weekly employment change report (9:15 p.m. Korea St

SEC Approves T. Rowe Price Crypto ETF Holding Up to 15 Tokens

The U.S. Securities and Exchange Commission has approved the launch of a crypto exchange-traded fund that can hold as many as 15 digital assets. Cointelegraph reported on June 13 that the SEC gave final approval on June 12 for the listing and trading

US, Iran to Sign Peace Memorandum in Video Meeting Today, Al Arabiya Reports

The US and Iran plan to sign a peace agreement later today, Al Arabiya reported. Delegations from the two countries are scheduled to hold a video meeting and sign the accord in the form of a memorandum of understanding, or MoU, according to the repor

Humanity Protocol Says North Korean Hackers Behind H Token Breach

Humanity Protocol said a North Korea-linked hacking group was responsible for a recent major security breach that led to a collapse in its token price. The attackers used a sophisticated phishing campaign to seize critical access rights and then dump

Citi Says World Cup May Soothe Bond Markets, Recommends Trade on Lower Volatility

Citigroup expects volatility in U.S. and European bond markets to ease sharply this summer. Bloomberg reported on June 13 that the bank published a note recommending investors position for lower yield-curve volatility ahead of the World Cup. Citi arg

Warsh’s FOMC Debut Puts Fed Rate Path in Focus

Trump Presses for Cuts as Inflation Surges Calls Grow Inside the Fed for Higher Rates Decision Could Also Shape Bitcoin’s Next Move Kevin Warsh, the new chair of the Federal Reserve, will preside over his first regular Federal Open Market Committee m

CFTC Temporarily Allows Crypto Perpetual Futures to Be Converted Into True Perpetual Contracts

The US Commodity Futures Trading Commission has taken steps to ease regulatory burdens on exchanges listing cryptocurrency perpetual futures contracts. On June 12, the CFTC issued a no-action letter allowing designated contract markets, or DCMs, to c

FIFA Names Kraken Official Crypto Exchange Sponsor for 2026 World Cup

FIFA said on June 13 it named global cryptocurrency exchange Kraken the official crypto exchange sponsor of the 2026 FIFA World Cup. The 2026 tournament will be the largest in World Cup history, with 48 teams playing 104 matches across 16 host cities

Iran’s Revolutionary Guard Says Sunday Signing With US Is Impossible

Iran’s Islamic Revolutionary Guard Corps, the country’s elite military force, rejected the possibility of signing an agreement with the US this weekend and sharply criticized President Donald Trump. CNN reported on June 13 that the IRGC formally deni

Kalshi, Polymarket Sue Kentucky Over Tax, Call Prediction-Market Levy Unconstitutional

Prediction-market platforms including Kalshi and Polymarket have joined forces to challenge Kentucky's new tax on the industry. ABC reported on June 13 that the Coalition for Fairer Markets, whose members include Kalshi, Crypto.com and Polymarket, fi

White House Says It Remains Optimistic CLARITY Act Can Pass Before July 4

The White House said it is sticking to its goal of enacting the CLARITY Act, a US digital-asset market structure bill, before July 4. Patrick Witt, executive director of the White House Digital Assets Advisory Council secretariat, made the comment in

Pudgy Penguins Halts Development of Web3 Game Pudgy Party to Focus on Pudgy World

Pudgy Party, a mobile game based on the global non-fungible token project Pudgy Penguins, will be shut down as development on the title comes to an end. The company said it will instead focus on Pudgy World, another metaverse gaming project. Pudgy Pe

US Spot Bitcoin ETFs Post $30.27 Million of Net Inflows

US spot Bitcoin exchange-traded funds posted net inflows for a second straight trading day. Data from Trader T showed the 12 US spot Bitcoin ETFs took in a combined $30.27 million on June 11. BlackRock's IBIT accounted for all of the inflows, drawing

US Spot Ether ETFs See $4.93 Million of Net Outflows

US spot Ether exchange-traded funds posted net outflows of $4.93 million. Data from Trader T for June 12 showed the withdrawals were driven by BlackRock and Fidelity. BlackRock's spot Ether ETF, ETHA, recorded the largest outflow at $4.53 million, wh

Zcash Says Anthropic AI Audit Found No Additional Vulnerabilities

Zcash founder Zooko Wilcox on June 12 announced the results of a security audit conducted with an Anthropic AI model, saying the review found no other major vulnerabilities in the protocol. In a post on X, Wilcox wrote that the audit was carried out

SpaceX Jumps 19% in Nasdaq Debut, Lifting Market Value Above $2 Trillion

Elon Musk's space company SpaceX made a successful debut on the Nasdaq, pushing its market capitalization easily above $2 trillion. Record first-day trading also vaulted it to sixth place in the global ranking of listed companies by market value. Spa

SpaceX’s $2 Trillion Nasdaq Debut Sparks Refund Rush Across Tokenized IPO Campaigns

SpaceX made a successful Nasdaq debut, pushing its market capitalization above $2 trillion. But across the crypto industry, campaigns to sell tokenized SpaceX shares were canceled en masse. On June 12, global crypto platforms including Bybit, Binance

Trump Says Leader of Venezuela’s Tren de Aragua Gang Was Killed in Military Operation

President Donald Trump said the leader of Venezuela’s Tren de Aragua gang was killed in a military operation. Reuters reported on June 12 that Trump said the US had successfully carried out a lethal strike against Hector Rusthenford Guerrero Flores,

US Orders Anthropic to Halt Fable 5, Mythos 5 for Foreign Users on Security Concerns

The US government has ordered export controls on Anthropic’s latest AI models, Fable 5 and Mythos 5, citing national security concerns. Anthropic immediately suspended the services for customers worldwide. Anthropic announced on June 12 that the gove

US Shoots Down Iranian Drones Headed for Strait of Hormuz

The US military shot down several Iranian one-way attack drones headed toward the Strait of Hormuz as Washington and Tehran reported progress in peace talks. Reuters, citing a source familiar with the matter, reported on June 12 that US forces downed

CFTC Weighs Blocking CME’s 24-Hour Crude Futures

The U.S. Commodity Futures Trading Commission is considering whether to block CME Group’s planned rollout of 24-hour crude oil futures trading, Bloomberg reported. A senior CFTC official, who asked not to be identified because the discussions are pri

Iran Says US MOU Is Imminent After Approval by Supreme Leader, Top Officials

Iranian Foreign Minister Abbas Araghchi said a memorandum of understanding with the US is on the verge of being signed. Iran’s top leadership, including the supreme leader, has approved the accord, and remote digital signatures could come within days

Iran Hard-Liner Calls Trump’s ‘Great Agreement’ a Deception, Urges Stronger Attacks on US

An Iranian hard-line official has dismissed President Donald Trump’s declaration that he had reached a “great agreement” to end the war with Iran, calling it a deception and urging Tehran to escalate attacks on the US. CNN reported on June 11 that Eb

Finance Ministry Says Tokenized Stocks Are Securities, Not Crypto, Opening Door to Tax in Second Half

Finance Ministry Says Tokenized Stocks Are Securities, Not Virtual Assets Taxation Could Begin Once FSC Issues Formal Interpretation South Korea’s tax authorities said tokenized stocks could be taxed as early as this year if financial regulators issu

Bitcoin Nears Bear-Market Value Floor, but Demand Recovery Needed to Confirm Bottom

Bitcoin has entered a valuation zone that has historically coincided with structural bottoms in past bear markets, but an unprecedented slump in demand means it is still too early to call a true bottom. CryptoQuant, an on-chain data analytics firm, m