JOON HYOUNG LEE

Securitize Adds Stellar to Supported Blockchains, Expanding Tokenization Infrastructure

Securitize, a real-world asset tokenization platform, has added Stellar (XLM) to the blockchains it supports. CoinDesk reported on October 28 that Securitize and Stellar announced the move at Meridian 2025, the Stellar Development Foundation’s annual

US Treasury's Bessent Offers Clarity Act 'Plan B,' Pledges Closer SEC, CFTC Coordination

US Treasury Secretary Scott Bessent said he would strengthen coordination among regulators to address delays in passing the Clarity Act, legislation aimed at establishing market-structure rules for digital assets. Bitcoin.com News reported on October

Kospi Reclaims 6,000 as Samsung Electronics, SK Hynix Jump; Kosdaq Gains More Than 3%

South Korea’s Kospi surged more than 6% on Oct. 28, reclaiming the 6,000 mark. The benchmark index closed up 374.10 points, or 6.63%, at 6,012.44. It was the first close above 6,000 since Oct. 14, ending a 10-session stretch below that level. The gai

Predict.fun to Unlock 16% of PREDICT Tokens at TGE, Total Supply Set at 1 Billion

Prediction-market platform Predict.fun has unveiled the tokenomics for its native token, PREDICT. In a post on its official X account on October 28, Predict.fun said PREDICT will have a total supply of 1 billion tokens. The allocation is 51.95% for t

US Spot Bitcoin ETFs Draw $176 Million in Second Straight Day of Inflows

US spot Bitcoin exchange-traded funds posted net inflows for a second straight trading day. US spot Ether ETFs, by contrast, recorded net outflows for a second consecutive session. According to on-chain analytics firm SoSoValue, US Bitcoin ETFs saw n

Moody’s Assigns Ripple’s RLUSD A2 Long-Term, P-1 Short-Term Ratings

Moody’s has assigned Ripple’s dollar-backed stablecoin RLUSD an A2 long-term deposit rating and a P-1 short-term deposit rating. The Defiant reported on October 28 that Moody’s announced the ratings on October 27. The ratings apply to RLUSD issued by

US Government Estimated to Have Sold FTX-Linked Anthropic Stake for $630 Million

The U.S. government has been revealed to have sold a stake in artificial intelligence startup Anthropic tied to executives of the failed cryptocurrency exchange FTX for about $630 million. BeInCrypto reported on October 28 that Anthropic said in a re

U.S. Crypto Tax Overhaul Push Offers Lessons for South Korea’s Levy Delay Debate

The U.S. blockchain industry is urging Congress to overhaul cryptocurrency taxes, arguing the current system fails to reflect the characteristics of digital assets and is fueling uncertainty. The push also carries implications for South Korea, where

CryptoFin Partners With Seum Tax to Support National Tax Service Source-of-Funds Probes

CryptoFin, a digital-asset financial management platform formerly known as CryptoTax, has partnered with South Korean tax firm Seum Tax to help cryptocurrency investors respond to National Tax Service source-of-funds investigations. DoubleXSoft, the

Morpho Adds Loans Backed by Robinhood Tokenized Stocks, Opens Integration to External Apps

Tokenized stocks traded on U.S. brokerage platform Robinhood can now be used as collateral for loans. DeFi lending protocol Morpho said on X on Oct. 22 that it supports collateralized lending against Robinhood tokenized stocks. Morpho users can post

Fireblocks Denies Report of Late-Stage Acquisition Talks With Visa

Crypto custody infrastructure firm Fireblocks denied a report that it is in talks to be acquired by Visa. CoinDesk reported on October 22 that Fireblocks acknowledged rumors about a Visa acquisition but said the claim was new to the company and not t

US Blockchain Association Urges Congress to Rewrite Crypto Tax Rules

The US blockchain industry is urging Congress to overhaul tax rules for cryptocurrencies. BlockBeats and other outlets reported on October 22 that the Blockchain Association recently sent a letter to House and Senate leaders calling for crypto tax le

DFINITY Founder Alleges NEAR Intents Misappropriated Its Technology

DFINITY, the lead developer of Internet Computer (ICP), has alleged that one of NEAR's services used its technology without authorization. BlockBeats and other outlets reported on October 22 that DFINITY founder Dominic Williams said additional inves

SoFi Launches Tokenized Deposit Product SOFIE With 4.4% APY

SoFi has launched a tokenized deposit product for retail customers. The U.S. fintech company said on October 22 it will roll out SoFi Earn, or SOFIE, a tokenized deposit product for individual customers. The product tokenizes dollars deposited at the

Visa Nears Deal to Acquire Fireblocks at About $2.5 Billion Valuation

Visa is seeking to acquire crypto custody infrastructure firm Fireblocks. Axios reported on October 22, citing sources, that Visa is in acquisition talks with Fireblocks. One source told Axios the negotiations are in their final stages. Fireblocks is

US Initial Jobless Claims at 194,000, Below Forecast

U.S. initial jobless claims came in below market expectations last week. The Labor Department said on Oct. 22 that initial claims for unemployment benefits totaled 194,000 last week. That was 6,000 below economists’ forecast of 200,000. It was also 6

NeoSoul to Integrate AI Auto-Trading Service NeoTrade With PredictFun, Starting With Paper-Trading Validation

NeoSoul will integrate its artificial intelligence auto-trading service, NeoTrade, with prediction market platform PredictFun. Odaily reported on October 22 that NeoSoul plans to support NeoTrade on PredictFun through an application programming inter

a16z to Rename Flagship Crypto Fund as a16z Frontier in Strategy Shift

Andreessen Horowitz, the global venture capital firm known as a16z, is moving to drop “Crypto” from the name of its flagship digital-asset fund. The Information, a U.S. technology news outlet, reported on October 22 that a16z recently decided to rena

FSC Chief Kim Says He Agrees With Letting Crypto Exchanges Enter Tokenized Securities Market

Kim Byoung-hwan, chairman of South Korea’s Financial Services Commission, said on October 22 that he agrees with the idea of allowing virtual asset exchanges to enter the tokenized securities, or STO, market. Kim made the remarks during a comprehensi

Robinhood Chain Posts $51 Million in Q3 Revenue, Surpassing Ethereum

Robinhood Chain, the proprietary blockchain of U.S. stock trading platform Robinhood, generated more than $50 million in revenue in the third quarter. According to Ark Invest’s "Q3 2026 DeFi Report" released on October 21, Robinhood Chain recorded ab

Robinhood to Launch Stock, Crypto Trading in Dubai Next Year, Deepening Middle East Push

Robinhood Markets Inc. plans to launch stock and cryptocurrency trading services in the Middle East next year. Bloomberg reported on Oct. 22 that Robinhood recently received approval from the Dubai Financial Services Authority to offer trading and cu

Bitcoin Falls Below $82,000; Kimchi Premium at 0.94%

Bitcoin fell below $82,000, extending its decline. As of 5:39 p.m. Korea Standard Time on October 22, Bitcoin was trading at $81,792.86, down 1.54% from a day earlier, according to CoinMarketCap. That was also 0.72% lower than a week earlier. The kim

BOJ Seen Holding Rates Steady at End of October as It Weighs Timing of Next Hike

The Bank of Japan is expected to keep its benchmark interest rate unchanged later this month. Nikkei reported on October 22 that the BOJ appears set to leave rates unchanged at its monetary policy meeting scheduled for October 29-30. The newspaper sa

Han Dong-hoon Urges Delay to Crypto Tax, Warns of ‘Korean Stock-Market Exodus’ in Coin Market

Independent lawmaker Han Dong-hoon again stressed that South Korea should delay the virtual-asset tax scheduled to take effect next year. In a Facebook post on October 22, Han said a decision on delaying the tax should be made without hesitation. He

Bybit Secures Dubai VASP License for Crypto Spot Trading

Crypto exchange Bybit has secured a license in Dubai, United Arab Emirates, to offer crypto spot trading services. Bybit said on October 22 that its Dubai unit, Bybit Fintech FZE, had obtained a virtual asset service provider, or VASP, license from t

FSC Chief Says Solidigm Listing Would Fall Under Dual-Listing Rules, Trigger Parent Duties

Kim Byoung-hwan, chairman of South Korea’s Financial Services Commission, said SK Hynix’s push to list its US subsidiary Solidigm would fall under the country’s dual-listing rules. Testifying at the National Assembly Political Affairs Committee’s com

Solana Completes 'Alpenglow' Mainnet Upgrade, Targets 0.15-Second Transaction Finality

Solana's major network upgrade, 'Alpenglow,' has been deployed on the mainnet. CoinDesk reported on October 22 that the upgrade was completed on the Solana mainnet on October 21. The goal is to reduce transaction finality to about 0.15 seconds from r

Kalshi Partners With BitGo to Offer Crypto-Backed Loans for Perpetual Futures Trading

Kalshi, the U.S. prediction-market platform, is partnering with BitGo to support perpetual futures trading using crypto-backed loans. Bloomberg reported on October 21 that Kalshi recently entered into the partnership for the service. Under the arrang

Trump to Highlight Results of Overseas Crypto Scam Crackdown at White House Event

President Donald Trump is set to highlight the results of a crackdown on cryptocurrency investment scams targeting Americans at a White House event. Reuters reported on October 21 that Trump plans to outline efforts to seize fraudulent cryptocurrency

PancakeSwap TVL Jumps 20% in a Week as Vote Opens on Fee Overhaul

Total value locked on decentralized exchange PancakeSwap (CAKE) has risen nearly 20% over the past week. Cointelegraph reported on Oct. 21, citing DefiLlama data, that PancakeSwap's TVL increased about 19% to $2.4 billion from $2.02 billion on Oct. 1