JOON HYOUNG LEE

'Dormant for 15 years' whale transfers $470 million worth of Bitcoin…"Believed to be an early miner"

A whale (large investor) that had been dormant for the past 15 years has reportedly transferred Bitcoin (BTC) worth $470 million (about ₩650 billion). Blockchain analytics firm OnchainLens announced on the 24th (local time) via its official X (former

Hong Kong to Intensify 'Unlicensed Stablecoin' Regulation…Penalties Begin in August

Hong Kong will begin full-scale regulation of unlicensed stablecoins starting next month. The Hong Kong Monetary Authority (HKMA) announced on the 23rd (local time), "The Stablecoin Ordinance will come into effect from the 1st of next month" and stat

U.S. Crypto Industry Sends Letter to Trump…"JP Morgan is Hindering Innovation"

The U.S. crypto industry has sent a letter to President Donald Trump, urging him to stop "large banks from hindering innovation." According to CoinDesk on the 24th (local time), ten leading organizations in the U.S. fintech and cryptocurrency sectors

Justin Sun Rings the Nasdaq Opening Bell…"A Major Milestone for Tron"

Justin Sun, founder of Tron (TRX), will ring the opening bell at the Nasdaq in the US. On the 23rd (local time), Tron announced, "Founder Justin Sun will ring the Nasdaq opening bell on the 24th." Tron added, "The event will be broadcast live from th

Dogecoin plummets 10%... 'Rising Institutional Selling Pressure'

Due to increased selling pressure from institutional investors, Dogecoin (DOGE) plunged nearly 10% in just one day. According to CoinMarketCap, a virtual asset market tracking site, Dogecoin was trading at $0.2360 as of 5:48 PM on the 24th. This repr

Tether freezes $1.6 million USDT… Cooperates with terrorism investigation

Tether (USDT) recently froze and subsequently reissued $1.6 million worth of Tether in cooperation with U.S. authorities' terrorism investigation. On the 24th (local time), Tether announced on its official website that it had frozen and reissued $1.6

[Market] Bitcoin Surpasses $118,000... Kimchi Premium at -0.98%

The price of Bitcoin (BTC) has exceeded $118,000. According to the cryptocurrency market tracking site CoinMarketCap, Bitcoin was trading at $118,136.96 as of 4:25 PM on the 24th. This is a decrease of 0.33% compared to the previous day. The Kimchi P

Ripple Co-Founder Transfers $175 Million Worth of XRP in One Week… Is He Selling?

Chris Larsen, Ripple’s co-founder, has reportedly transferred 175 million dollars (approximately ₩2.4 trillion) worth of XRP to centralized exchanges (CEX) and other destinations within the past week. On June 24 (local time), on-chain analyst ZachXBT

Ethereum Unstaking Requests Surge, Marking an 18-Month High

The volume of Ethereum (ETH) ValidatorQueue unstaking requests has recently hit its highest level in 18 months. Cointelegraph reported on the 23rd (local time), citing ValidatorQueue data, stating, “As of this date, 644,330 Ethereum are awaiting netw

Russia's largest bank enters cryptocurrency custody... Accelerates Bitcoin adoption

Sberbank, Russia's largest bank, is entering the cryptocurrency custody market. According to Reuters on the 17th (local time), Sberbank recently proposed changes to cryptocurrency regulations to the Central Bank of Russia. Sberbank sent this proposal

'Whale' James Wynn liquidates 40x Bitcoin short...$790,000 remains

Cryptocurrency whale (large investor) James Wynn has reportedly liquidated his Bitcoin (BTC) short position. The blockchain analytics firm OnchainLens announced on the 17th (local time) via its official X account that "James Wynn has liquidated his 4

Trump presses Powell again…“Rates need to be cut”

U.S. President Donald Trump has once again pressed Jerome Powell, Chair of the Fed. On the 17th (local time), President Trump stated through his social media Truth Social, “Too Late” and “Rates need to be cut.” Previously, President Trump had repeate

Tether Supply Surpasses $160 Billion… "Proven Unique Utility"

Tether (USDT) supply has, for the first time ever, surpassed $160 billion. According to Tether on the 17th (local time), the total supply of Tether was approximately $160.2 billion as of this day. This marks the first time Tether's supply has exceede

Fed chair candidate directly criticizes Powell… “Fed leadership needs replacement”

Kevin Warsh, former Fed board member and a potential candidate for the next Fed chair, stated that “the leadership of the Fed needs to be replaced.” In an interview with US CNBC on the 17th (local time), Warsh said, “Independence is essential in carr

US Semler Scientific makes additional purchase of 210 Bitcoins…Worth $25 million

US Nasdaq-listed medical device manufacturer Semler Scientific (Semler Scientific) has made an additional purchase of Bitcoin (BTC) worth $25 million (approximately ₩35 billion). Bitcoin for Corporations announced on the 17th (local time) through its

Ripple Co-Founder Deposits $26 Million Worth of XRP on Coinbase—Is a Sell-Off Coming?

Ripple's co-founder recently deposited XRP worth $26 million (about ₩3,600,000,000) into a centralized exchange (CEX). According to DL News on the 17th (local time), Chris Larsen, Ripple's co-founder, transferred $26 million worth of XRP to the U.S.

U.S. June Retail Sales Up 0.6% MoM…Exceeds Expectations

Last month, U.S. retail sales rose by 0.6% from the previous month, surpassing market expectations. The U.S. Department of Commerce announced on the 17th (local time) that retail sales in the United States increased by 0.6% in June compared to the pr

U.S. Initial Jobless Claims at 221,000—Below Market Expectations

Last week, the number of initial jobless claims in the United States was significantly lower than market expectations. The U.S. Department of Labor announced on the 17th (local time) that initial jobless claims for last week totaled 221,000. This is

'Unstoppable Momentum' XRP… Market Cap Nears $200 Billion

XRP's market capitalization has approached $200 billion. According to CoinMarketCap, a cryptocurrency market data site, as of 9:03 PM on the 17th, XRP's market cap was recorded at about $193.1 billion, up 10.67% from the previous day. Cointelegraph r

Raydium on Solana conducts buyback worth $190 million… Market cap nears $800 million

Raydium (RAY), a decentralized exchange (DEX) based on Solana (SOL), has reportedly bought back its own tokens worth $190 million. According to The Block on the 17th (local time), Raydium has acquired a total of 69.1 million of its own tokens as of t

Ignited 'FOMO'... New Bitcoin Buyers Added 140,000 BTC in 2 Weeks

In the past two weeks, new Bitcoin (BTC) buyers have purchased as many as 140,000 bitcoins. According to the on-chain analytics firm Glassnode on the 17th (local time), bitcoins held by investors who purchased Bitcoin for the first time increased fro

Meme coin market cap nears $72 billion... up 30% this month

The market capitalization of meme coins has increased by nearly $17 billion this month. Cointelegraph, citing CoinMarketCap data on the 17th (local time), reported that the meme coin market cap was approximately $72 billion as of the day. This marks

Pakistan and El Salvador Discuss 'Bitcoin Strategy' and Strengthen Cooperation

El Salvador, the first country in the world to adopt Bitcoin (BTC) as legal tender, is strengthening its cooperation with Pakistan in the field of cryptocurrency. On the 17th (local time), international news outlets including Cointelegraph reported t

[Market Update] Bitcoin Falls Below $118,000... Kimchi Premium -1.67%

The price of Bitcoin (BTC) has fallen below $118,000. According to CoinMarketCap, a virtual asset market tracking site, as of 4:28 PM, Bitcoin is trading at $117,998.84. This represents a 0.21% decline compared to the previous day. The Kimchi Premium

'Market Cap All-Time High' MicroStrategy... "Stock Price Soars 174% Over the Past Year"

MicroStrategy, the publicly traded company that holds the most Bitcoin (BTC) in the world, has reached a record-high market capitalization. Attention is also turning to the earnings report MicroStrategy is set to announce in early next month. Accordi

"TRON's explosive growth… Average daily revenue surpasses $2 million"

TRON (TRX)'s daily revenue has recently exceeded $2 million. Crazzyblockk, a CryptoQuant contributor, stated on the 17th through CryptoQuant, "According to on-chain data, TRON is generating an average daily revenue of $2 million solely from transacti

Canadian Listed Company Matador "To Purchase 6,000 Bitcoins by 2027"

Canadian listed company Matador Technology has announced a large-scale plan to purchase Bitcoin (BTC). On the 16th (local time), Matador Technology stated, "The board of directors recently approved a financial strategy to accumulate 6,000 Bitcoins by

U.S. 'GENIUS Act' on Verge of Passing…Is the Stablecoin Era About to Begin in Earnest?

This Week Is U.S. Congress 'Crypto Week' High Expectations for 'GENIUS Act' Passage If Passed, Trump Expected to Sign Immediately "Stablecoins Reach Major Milestone" With the arrival of Crypto Week in the U.S. Congress, expectations are rising for th

Korean AI That Surpassed Google Emerges… 'Scinapse AI' to Launch in Q3

Pluto Labs Unveils 'Scinapse AI' Development Costs, Only 1/10th of Existing AI Outperformed Google and Anthropic in Performance Tests Launch in Q3… Targeting the Global Market South Korean artificial intelligence (AI) startup Pluto Labs has succeeded

[Blooming Lunch] Christie Lee "The Core Challenge of Blockchain is Its Real-World Connection"

### **Christie Lee, APAC Lead at Aptos Labs** ### **Early member of Moloco and Memebox** ### **A thirst for social impact** ### **Joined Aptos, captivated by its technology** ### **Expanding real-world use cases remains a key challenge** ![Christy Le