JOON HYOUNG LEE

Bhutan Moves 400 Bitcoin Worth $30.62 Million to External Wallet, Signaling Possible Sale

Bhutan’s government transferred about 400 Bitcoin, worth $30.62 million, to an external wallet. Lookonchain reported on Sept. 2 that Bhutan moved the Bitcoin out of government-held wallets that day. Such transfers by Bhutan are typically interpreted

Capital B to Raise $9 Million for Additional Bitcoin Purchases

French-listed Capital B is raising $9 million in fresh funding to buy more Bitcoin. BitcoinTreasuries.net said on Sept. 2 that Capital B plans to raise $8.8 million through a private investment from Blockstream Chief Executive Officer Adam Back. The

Coinbase Co-Founder Fred Ehrsam Seeks Control of at Least Three Venezuelan Oil Fields

Coinbase co-founder Fred Ehrsam is seeking control of at least three oil fields in Venezuela. Bloomberg reported on Sept. 2, citing people familiar with the matter, that Ehrsam is pursuing control of more than three Venezuelan oil fields operated by

UK’s Smarter Web Company Buys 35 More Bitcoin, Raising Holdings to 2,747

The Smarter Web Company, a UK-listed firm, bought additional Bitcoin. Bitcoin Treasuries said on Sept. 2 that the company recently purchased 35 Bitcoin, lifting its total holdings to 2,747. The Smarter Web Company is a UK-based digital asset treasury

Strategy CEO Says Selling Bitcoin in the $60,000s and Buying in the $80,000s Were Both Right Calls

Phong Le, chief executive officer of Strategy, said the company’s recent Bitcoin sales and purchases were the right trades at the time. Le told Bloomberg TV that Strategy’s recent sale of about 7,000 Bitcoin to help fund preferred stock dividend paym

Gate Launches U.S. Stock Options Trading for 9 Names Including Tesla, Nvidia

Global cryptocurrency exchange Gate has launched a U.S. stock options trading service. Gate began offering U.S. stock options trading on Sept. 2, according to Odaily. At launch, the platform supports nine names: Nvidia, Tesla, Apple, Meta, AMD, Micro

Kospi Slides 3.99% to Close at 6,562.72

The Kospi slid nearly 4% on Sept. 2, dropping back into the 6,500 range. The benchmark closed at 6,562.72, down 273.08 points, or 3.99%, from the previous session, according to the Korea Exchange. The decline snapped a three-session advance since Aug

Bithumb Launches ‘Bithumb AI’ to Analyze 200 Crypto Tokens in Real Time

Bithumb, a South Korean cryptocurrency exchange, said Wednesday it is launching Bithumb AI, a service that provides AI-based market analysis and personalized information. Bithumb AI consists of four features: AI Token Signal, AI Token Analysis, AI Da

a16z Backs Stablecoin Remittance Startup Félix Pago in $200 Million Funding Round

Félix Pago, a stablecoin remittance startup, has raised $200 million from investors including Silicon Valley venture capital firm Andreessen Horowitz, known as a16z. According to BlockBeats on Sept. 2, the company said it had secured $200 million in

Bankr Launches AI Service to Manage Tokenized Stock Liquidity 24/7

Bankr, an AI agent financial platform, has launched a service that uses artificial intelligence to provide liquidity for tokenized stocks. Bankr said Sept. 1 that it introduced the tokenized stock liquidity service on Aerodrome, a decentralized excha

Wall Street, Silicon Valley and Yeouido Leaders Converge as EastPoint: Seoul 2026 Unveils First Lineup

Private event to be held Sept. 28 at The Westin Seoul Parnas Key digital-asset and stablecoin issues on the agenda High-level closed-door talks to be held Franklin Templeton, with about $1.8 trillion in assets under management a16z, the world's large

Binance-Backed YZi Labs Makes Strategic Investment in DeFi Protocol TermMax

YZi Labs, the venture and investment arm under global cryptocurrency exchange Binance, has made a strategic investment in decentralized finance protocol TermMax. Term Structure Labs, the developer of TermMax, announced Aug. 27 that it had secured the

Ethena Unveils Ecosystem Overhaul, Pushes Expanded ENA Buybacks

Ethena Foundation Buys Out Seed Investors’ Token Holdings Remaining Unlocks to End in a One-Time October Release Vote Underway on Fee Switch Foundation Says Revenue Would Fund Buybacks if Approved Stablecoin protocol Ethena said on Aug. 27 that it is

Charles Schwab to Add SOL, AVAX, LINK Trading on Crypto Platform

Charles Schwab Corp., the US financial services firm that oversees $13 trillion in assets, is expanding the range of cryptocurrencies available through its trading service. The company said Aug. 27 that it plans to add spot trading in three more toke

Moonwell Suffers $8.7 Million Hack on Base, Halts New Loans

Moonwell, a decentralized finance lending protocol, suffered an $8.7 million hack on the Base network. Crypto Briefing reported on August 27 that the recent attack hit Moonwell on Base, causing losses of $8.7 million. The attacker allegedly manipulat

Solana Issuance-Cut Proposal Clears Quorum With Wide Lead for Yes Votes

A governance proposal to reduce new SOL issuance has cleared the quorum required for a vote. BlockBeats and other outlets reported on Aug. 27 that voter participation on proposal SGP-0002 stood at 33.84% as of that day, enough to meet the threshold f

US Weekly Jobless Claims Fall to 203,000, Below Forecast

US initial jobless claims came in slightly below market expectations last week. The Labor Department said on August 27 that initial jobless claims totaled 203,000 last week. That was 5,000 below economists' forecast of 208,000 and down 4,000 from the

Ripple Prime Launches ‘Delta One’ as It Expands Into Equities Trading

Ripple, the company behind XRP, is making a push into stock trading as it expands beyond crypto into traditional finance. Bloomberg reported on August 27 that Noel Kimmel, president of Ripple Prime, the company’s prime brokerage unit, said its Delta

Coincheck Becomes Japan’s Second Registered Stablecoin Operator, to Expand USDC Services

Japanese crypto exchange Coincheck has become the second company in Japan to complete registration as a stablecoin operator. Coincheck announced on Aug. 27 that it had completed registration for electronic payment instruments transaction services in

Bitcoin Tops $80,000; Kimchi Premium at 0.05%

Bitcoin traded above $80,000. CoinMarketCap data showed Bitcoin changing hands at $80,088.71 as of 7:02 p.m. on August 27, up 2.01% from a day earlier. The cryptocurrency has gained 11.6% over the past week. The kimchi premium stayed in zero territor

U.K. to Require BOE to Support Stablecoin, Digital Payments Innovation

The U.K. government plans to give the Bank of England a legal duty to support innovation in stablecoins and other forms of digital money. The Financial Times reported on Aug. 27 that the U.K. Treasury has decided to amend the Financial Services and M

Justin Sun Says Bitcoin’s Shift to Quantum Resistance Will Take Significant Time; Tron Targets Upgrade This Year

Building consensus across the Bitcoin ecosystem on how to respond to quantum-computing risks will take significant time, according to Justin Sun. BlockBeats and other outlets reported on Aug. 27 that the Tron founder made the remarks at the Bitcoin A

BofA Maintains Buy Rating on SK Hynix, Keeps ADR Target at $250

Bank of America maintained its buy rating on SK Hynix, according to ODaily and other media reports on August 27. The firm also kept its price target for SK Hynix American depositary receipts at $250. The ADRs closed at $158.02 that day, down 0.95% fr

CZ Says Bitcoin Will Overtake Gold in Importance

Changpeng Zhao, the Binance co-founder known as CZ, said Bitcoin will become a more important asset than gold over time. BlockBeats and other outlets reported that Zhao made the remarks at the Bitcoin Asia 2026 conference in Hong Kong on Aug. 27. "I

Upbit 24-Hour Trading Volume Nears $1.41 Billion, Up 11% From Day Earlier

Upbit, South Korea’s largest cryptocurrency exchange, recorded nearly $1.41 billion in trading volume over the past 24 hours. Dunamu said on August 27 that Upbit’s trading volume for the latest 24-hour period stood at about 1.97 trillion won, or roug

Bithumb Wins First-Round Suit Over Sale of Mistakenly Credited Bitcoin

South Korean cryptocurrency exchange Bithumb won a first-instance lawsuit against a user who sold Bitcoin mistakenly credited during a promotional event in February. Judge Kim Yu-seong of the Seoul Central District Court on Aug. 27 ruled in favor of

JPMorgan Raises Nvidia Price Target to $320 From $280 After Earnings Beat

JPMorgan raised its price target on Nvidia after the chipmaker posted better-than-expected quarterly results. BlockBeats and other outlets reported on Aug. 27 that JPMorgan lifted its target price to $320 from $280, an increase of about 14.3%. Nvidia

SEC Seeks Broad Overhaul of Crypto Custody Rules

The U.S. Securities and Exchange Commission is moving to modernize cryptocurrency custody rules for investment advisers, asset managers and other firms. Bloomberg reported on August 26 that the SEC submitted a proposal to the White House Office of Ma

Korea Financial Regulator Reassigns Official Leading Digital Asset Basic Act Work

South Korea’s financial authorities have reassigned the official who had been leading work on the government’s Digital Asset Basic Act. The Financial Services Commission on Aug. 26 carried out personnel changes for eight division director-level offic

DigitalX to Add RWA, STO Products as Park Targets Profit in 2027

DigitalX, a South Korean crypto exchange, plans to expand its product lineup to include real-world assets, or RWA, and security tokens, or STO. It is also targeting a return to profit next year. Mirae Asset Group said Aug. 26 that it held an event fo