Doohyun Hwang

SEC Proposes Scrapping 20-Year Equity-Market Rules, Opening Door to Tokenized Stocks

The U.S. Securities and Exchange Commission is moving to sharply loosen Regulation NMS, the core framework that has governed the U.S. stock market for the past two decades. The plan is designed to simplify market structure and reduce costs for partic

US Spot Ether ETFs See Net Outflows for a Third Straight Trading Day

US spot Ether exchange-traded funds posted net outflows for a third consecutive trading day. Data from SoSoValue showed US-listed spot Ether ETFs recorded combined net outflows of $15.89 million on June 11. The streak began with $40.85 million in net

World Bank Says Iran War Could Cut Global Growth to 1.3% This Year

A prolonged war involving Iran could pull global economic growth this year down to its weakest level since the Covid-19 pandemic, CNN reported on June 11, citing a World Bank forecast. An escalation in the fighting and deeper supply-chain disruptions

US Spot-Bitcoin ETFs Post $30.27 Million Net Inflow

U.S.-listed spot-Bitcoin exchange-traded funds recorded about $30.27 million in net inflows over one day. Data from Trader T on June 11 showed the 13 U.S. spot-Bitcoin ETFs posted combined net inflows of $30.27 million. It was the first net inflow in

Saylor Says ‘Never Sell Bitcoin’ Was Advice for Individuals, Not Strategy

Michael Saylor, executive chairman of Strategy, the world’s largest corporate holder of Bitcoin, pushed back against criticism over the company’s recent sale of the cryptocurrency. Speaking at the BTC Prague conference on June 11, Saylor said his oft

SynFutures Partners With Anchored to Enter Tokenized RWA Trading

SynFutures, an on-chain trading protocol for cryptocurrencies and real-world assets, said on June 12 that it will expand into tokenized real-world assets, including stocks, exchange-traded funds and derivatives, through a systems integration with Anc

[Exclusive] IPX Faces Rug-Pull Allegations After NFT Community Abruptly Shuts Down

IPX ensnared in NFT rug-pull allegations Issuing partner disappears after shutting community "Promises unfulfilled" as prices tumble 95% IPX, the digital IP entertainment company formerly known as Line Friends, is facing allegations of an NFT rug pul

US Spot Ether ETFs Post Net Inflows, Ending 17-Session Outflow Streak

The US spot Ether exchange-traded fund market returned to net inflows, snapping a 17-session streak of outflows. Data from Trader T showed total net inflows into US spot Ether ETFs reached $18.87 million on June 4. BlackRock's ETHA drew $19.26 millio

Circle CEO Says Reports on Visa, Mastercard Stablecoin Alliance Shouldn’t Be Taken at Face Value

Circle Chief Executive Officer Jeremy Allaire brushed aside concerns over recent reports that Visa, Mastercard and Coinbase are forming their own stablecoin platform alliance, telling investors not to take the reports at face value. At a Circle inves

US Spot-Bitcoin ETFs Return to Net Inflows After 13-Day Outflow Streak

US spot-Bitcoin exchange-traded funds posted net inflows on June 4, ending a 13-trading-day stretch of outflows. Data from Trader T showed the US spot-Bitcoin ETF market recorded total net inflows of $2.69 million that day. While the amount was modes

Zcash Tumbles 30% After Flaw Found That Could Mint Unlimited Fake Tokens

A critical security flaw has been found in Orchard, the shielded transaction pool used by privacy coin Zcash, that could have allowed unlimited counterfeit tokens to be forged. The vulnerability was identified by a white-hat hacker using the latest a

South Korea Labor Minister Says AI Chip Windfalls Should Be Shared With Suppliers

South Korea’s labor minister urged the country’s major IT and semiconductor companies to share excess profits from the artificial intelligence boom with suppliers and workers. Kim Young-hoon told Reuters on June 4 that companies such as Samsung Elect

Gangwon Police Summon South Korean Polymarket Users in Illegal Gambling Probe

South Korean police have identified domestic users of Polymarket, the global prediction-market platform, and have begun summoning them for questioning, according to people familiar with the matter. Investigators are tracing cryptocurrency transaction

Baek Sun-hee Proposes Bill Requiring Real-Time Crypto Balance Reconciliation

Baek Sun-hee, a lawmaker from the Rebuilding Korea Party, said she introduced a bill on June 4 that would require virtual asset operators to keep their actual holdings aligned in real time with internal ledger balances and codify internal control sta

US Bank Consortium to Launch Tokenized Deposit Network Next Year

Major US banks are planning to launch a tokenized deposit network next year. The Wall Street Journal reported on June 4 that the network will connect existing payment rails with digital-asset infrastructure. It will be operated by The Clearing House,

US House Tax Panel Set to Unveil Package of Crypto Tax Bills

A congressional push to formally establish a tax framework for digital assets is coming into focus. Bloomberg reported that the House Ways and Means Committee, which oversees tax policy, plans to release a package of cryptocurrency tax bills as early

KGeN Launches Framework to Permanently Reduce Token Supply

Web3 data infrastructure company KGeN said June 5 that it has launched the “KGeN 2.0” framework, which permanently ties the company’s revenue growth to reductions in token supply. As part of the move, KGeN plans to burn about 22 million KGEN tokens,

Crypto’s Focus on New Investor Inflows Risks Making It Look Like a Ponzi Scheme, Balchunas Says

The cryptocurrency industry risks looking like a Ponzi scheme if it continues to market itself primarily around attracting institutions and new investors, Bloomberg ETF senior analyst Eric Balchunas said. In an interview with CoinDesk published on Ju

Hashed Wraps Up OpenAI-Sponsored OBA Weekendthon for AI Builders

Global venture capital firm Hashed said June 5 that OBA Weekendthon, a builder event it co-hosted with MarketFitLab and vooy, concluded successfully. The overnight event was held at Kakao AI Campus on May 30 and May 31. OBA stands for Open Builders A

Bithumb Receives Police Citation for Helping Prevent Crypto Phishing Losses

Bithumb, a South Korean cryptocurrency exchange, said June 5 that it had received a citation from the Korean National Police Agency in recognition of its efforts to help prevent crypto phishing losses. The exchange accepted the citation on June 4 at

Upbit Customer Center Wins KMAC KSQI Excellent Call Center Certification

Dunamu, the operator of digital-asset exchange Upbit, said June 5 that Upbit’s customer center was selected as a "Korea Excellent Call Center" in the call center category of the 2026 Korean Service Quality Index, or KSQI, hosted by Korea Management A

Trump Says He Would Meet Iran’s New Supreme Leader if Deal to End War Is Reached

President Donald Trump said he would be willing to meet Iran’s new supreme leader if the sides reach a deal to end the war in the Middle East. Trump made the remarks to reporters in the Oval Office on June 4, CNN reported. He said he was not pushing

SEC’s Peirce Says Publishing DeFi Code Shouldn’t Fall Under Securities Laws

U.S. Securities and Exchange Commission Commissioner Hester Peirce said software developers should not be subject to federal securities laws solely for distributing open-source code. Cointelegraph reported on June 4 that, in remarks at Princeton Univ

US Spot Ether ETFs Post $90.15 Million in Net Outflows

Outflows continued from the US spot Ether ETF market. Data from SoSoValue showed that US spot Ether ETFs posted total net outflows of $90.15 million on June 2. BlackRock’s ETHA led the withdrawals, with $44.27 million in net outflows for the day. Bla

US Spot-Bitcoin ETFs See $519.19 Million in Net Outflows, Extending Streak to 12 Days

US spot-Bitcoin ETFs posted net outflows for a 12th consecutive trading day as investors pulled large sums from the funds. Data from SoSoValue showed total net outflows of $519.19 million from US spot-Bitcoin ETFs on June 2. BlackRock's IBIT led the

Bitcoin Breaks Below $66,000 as China Crackdown, Mideast Tensions and ETF Outflows Weigh

Bitcoin fell through the $66,000 level as tighter regulation in China, geopolitical tensions in the Middle East and institutional fund outflows combined to pressure the market. According to data from Binance's Tether market on June 2, Bitcoin sank ab

UK Lords Committee Urges BOE to Reconsider Stablecoin Holding Caps

A House of Lords committee has urged the Bank of England to reconsider proposed limits on stablecoin holdings by individuals and companies. The House of Lords Financial Services Regulation Committee made the recommendation in a report titled "Stablec

Ethereum Whale James Fickel Transfers 10,000 ETH to Coinbase in First Major Move in Six Months

James Fickel, a crypto investor known for his long-term Ethereum holdings, has made a large Ether transfer for the first time in six months. Arkham data on June 2 showed that Fickel moved 10,000 Ether from a Coinbase escrow address to a deposit addre

Nikkei 225 Hits Record High as Asia Stocks Open Higher

Major Asia-Pacific stock markets opened higher on June 3 as investors bought equities despite uncertainty surrounding talks to end the Middle East conflict between the U.S. and Iran. Japan's Nikkei 225 rose 0.91% shortly after the open, setting a fre

US Says It Downed All Iranian Missiles, Drones and Hit Qeshm Island Base

The US military said it shot down all Iranian ballistic missiles and drones launched toward targets across the Middle East and carried out what it described as a self-defense strike on a military site inside Iran. US Central Command said on June 2 th