Heecheol Yang

Chinese Big Tech Companies Urge Central Bank to Approve Yuan-Based Stablecoin Issuance

It has been reported that major Chinese tech companies, JD.com and Alibaba's affiliate Ant Group, are lobbying the Chinese central bank for approval to issue a stablecoin based on the yuan. According to Reuters on the 3rd (local time), JD.com and Ant

Arbitrum (ARB) earns $2 million in revenue in 3 months through implementation of 'Timeboost'

The Layer 2 protocol Arbitrum (ARB) generated $2 million in fee revenue via the transaction order service 'Timeboost' launched last April. According to The Block on the 4th (local time), Timeboost is a system introduced to improve on the block’s prev

Alex Krüger: "Bitcoin, 'explosive upward trend' imminent"

Virtual asset (cryptocurrency) market expert and economist Alex Krüger stated that an 'explosive upward trend' for Bitcoin (BTC) is imminent, pointing out three reasons. According to The Daily Hodl on the 3rd (local time), Krüger said via X (formerly

"Galaxy Digital withdraws CBBTC worth $43.79 million"

Cryptocurrency investment firm Galaxy Digital has reportedly withdrawn Coinbase Bitcoin Token (CBBTC) worth $43.79 million from Coinbase. On the 3rd (local time), on-chain data platform The Data Nerd reported, "About 7 hours ago, Galaxy Digital withd

Virtual Asset Exchange Bitstamp Obtains Singapore License

Bitstamp, the cryptocurrency (virtual asset) exchange and a subsidiary of Robinhood, has obtained an operating license from the Monetary Authority of Singapore (MAS). On the 3rd (local time), Cointelegraph reported, "With the acquisition of this lice

Nano Labs aims to accumulate 10% of BNB’s total circulation… Buys $50 million worth

Chinese microchip producer Nano Labs has revealed a plan to accumulate BNB equivalent to 10% of its total circulation, amounting to a value of $1 billion, and has already purchased $50 million worth of BNB. According to Cointelegraph on the 3rd (loca

FTX Requests Court Approval to Process Claims for Users Restricted from Virtual Assets, Including China

FTX, the virtual asset (cryptocurrency) exchange currently undergoing bankruptcy proceedings, has reportedly requested court approval to separately handle creditor claims from users in 49 jurisdictions where virtual assets are restricted or banned. O

Tether Issues Additional $1 Billion…Large-Scale USDT Deposits to Exchanges Over the Week

Stablecoin issuer Tether (USDT) has issued an additional $1 billion (USD), while major funds transfers to exchanges have also been active. According to on-chain data platform Arkham Intelligence on the 3rd (local time), evidence has emerged that in t

Amber International Raises $25.5 Million to Expand Virtual Asset Reserves

Amber International Holdings, a subsidiary of the virtual asset (cryptocurrency) trading company Amber Group, has raised $25.5 million to expand its virtual asset reserves by $100 million. According to CoinDesk on the 3rd (local time), Amber Internat

Celsius proceeds with $4 billion Bitcoin lawsuit against Tether

The cryptocurrency platform Celsius has entered full judicial proceedings in the United States Court for its $4 billion (USD) lawsuit against the stablecoin issuer Tether (USDT). According to Unchained on the 3rd (local time), Martin Glenn, a U.S. ba

Ethereum surges 9% in two days... "Further upside is in question"

Over the past two days, Ethereum (ETH) has risen 9%, breaking above the intraday $2,600 (USD) mark, but analysis suggests further gains may be difficult due to derivatives market indicators and the launch of the Solana (SOL) ETF. According to Cointel

Central Bank of Bahrain introduces regulations for stablecoin issuance… Legal path for issuance opens

The Central Bank of Bahrain (CBB) has announced the country's first regulations for the issuance and circulation of stablecoins, called the 'Stablecoin Issuance and Offering (SIO) Module.' On the 3rd (local time), WuBlockchain reported, "The CBB has

Fidelity activates cryptocurrency deposit and withdrawal features… Direct Bitcoin transfers now available

The traditional American financial institution Fidelity Investments has begun offering cryptocurrency (crypto asset) deposit and withdrawal functionality to its clients. According to Fidelity’s official materials on the 1st (local time), users can no

Bitcoin-accumulating companies hire well-known professionals for active promotion

Companies accumulating Bitcoin (BTC) are actively promoting themselves through a strategy of bringing well-known experts to the forefront. According to Bloomberg on the 2nd (local time), recently, Bitcoin-accumulating companies have been relying on r

Fidelity Ethereum Spot ETF Accumulates ₩35 Billion Worth of Ethereum

Fidelity Investments' Ethereum (ETH) spot ETF has accumulated 10,730 Ethereum. This is equivalent to approximately ₩35 billion. According to Cointelegraph on the 2nd (local time), Fidelity's spot ETF (FETH) accumulated 10,730 Ethereum (USD 25.8 milli

UK-listed Coinsilium raises $3.8 million... Additional Bitcoin purchase expected

UK-listed venture capital firm Coinsilium has raised $3.8 million (about ₩5.1 billion), hinting at the possibility of additional Bitcoin (BTC) purchases. On the 3rd (local time), crypto-specialized media Blockbit reported that "Coinsilium's subsidiar

"Wallet presumed to belong to Matrixport withdraws 30,734 Ethereum from exchanges like Binance"

It is estimated that Matrixport, a Hong Kong-based crypto asset services company, has withdrawn a large amount of Ethereum (ETH) from exchanges Binance and OKX. On the 2nd (local time), on-chain data media outlet Lookonchain stated, "A wallet presume

Hyperliquid Introduces 'Dark Pool' Feature… Aiming to Build a Privacy-Enhanced Trading Environment

Hyperliquid, a decentralized derivatives exchange (DEX), is pursuing the Silhouette project to introduce the private trading system Dark Pool functionality. According to The Block on the 2nd (local time), Hyperliquid stated it plans to implement the

"Firefox Browser, Advisory on Malicious Extensions Impersonating Cryptocurrency Wallets"

The cybersecurity company Koi Security has warned of organized hacking attempts using a Firefox extension called 'FoxyWallet'. On the 3rd (local time), Wu Blockchain reported, "This program has been used to steal data from cryptocurrency wallet users

"Bitcoin temporarily surpasses $109k on global M2 increase… Derivatives market remains 'cautious'"

The price of Bitcoin (BTC) recently surged past the $109,000 (USD) mark, but analysis suggests that derivatives traders are still exhibiting caution. On the 2nd (local time), according to Cointelegraph, Bitcoin broke through the $105,200 support leve

Litecoin rises 5% compared to the previous day... "Buying pressure spurred by ETF expectations"

Litecoin (LTC) is trading below $90, and analysis suggests that the likelihood of a rebound has increased. On the 3rd (local time), Cointelegraph reported, "Despite the recent price decline, the probability of a Litecoin rebound is rising," and added

Crypto Fear & Greed Index records 73 points... 10 points higher than the previous day

Bitcoin (BTC) surpassed $109,000, with the Crypto Fear & Greed Index rising by 10 points compared to the previous day. On the 3rd (KST), according to cryptocurrency data provider Alternative.me, the Crypto Fear & Greed Index recorded 73 points—an inc

Hyperliquid (HYPE) surges 300% in 3 months… Competitor threats remain a variable

Hyperliquid (HYPE), a decentralized futures exchange (DEX), is demonstrating rapid growth in the derivatives market. Increased trading volume and accumulation by whale investors have emerged as main drivers of its growth. Hyperliquid has attracted mo

Stablecoins Emerge as 'Hidden Rate Regulator' in the U.S. Short-Term Treasury Market

Stablecoin issuers are emerging as a key source of demand for U.S. short-term Treasury bills (T-Bills), resulting in a downward effect on interest rates. Major stablecoins such as Tether (USDT) and USDC place reserves matching their issuance in safe

[Analysis] "Retail investors sell Ethereum and buy Bitcoin"

While the selling pressure on Ethereum (ETH) continues, retail investors are actively buying Bitcoin (BTC). With political variables such as Donald Trump's tax cuts added to the mix, there is an analysis suggesting that uncertainty is increasing rega

Expiration of Bitcoin and Ethereum Options Worth $17 Billion Approaches

A large batch of Bitcoin (BTC) and Ethereum (ETH) options contracts have expired, settling about 30% of the total open interest (OI). On the 27th (local time), on-chain data analytics platform Greeks.live announced via X (formerly Twitter) that “Toda

Hong Kong Changes Official Name of 'Virtual Assets' to 'Digital Assets'

The Hong Kong government has changed the official term for 'Virtual Assets' to 'Digital Assets'. The aim is to clarify the policy direction for the digital asset industry. According to Odaily on the 26th (local time), the Hong Kong government announc

ARK Invest Sells $12.5 Million Worth of Coinbase Shares

Cathie Wood's ARK Invest has reportedly sold Coinbase shares worth $12.5 million. According to The Block on the 26th (local time), ARK Invest sold 33,363 Coinbase shares through its ETF, ARK Innovation, on this day. Meanwhile, Coinbase stock closed a

Anonymous whale investor withdraws AAVE and FET worth $2.6 million from Binance

A whale investor has reportedly withdrawn AAVE and Fetch (FET) worth approximately $2.6 million (USD) from the global cryptocurrency exchange Binance. According to on-chain data platform Arkham Intelligence on the 26th (local time), wallet address '0

GF Securities issues offshore Renminbi-based tokenized securities

Chinese brokerage GF Securities has issued an interest-bearing tokenized security based on offshore Renminbi (RMB) overseas. According to Bloomberg on the 26th (local time), GF Securities (Hong Kong) launched daily interest-bearing and daily redempti