Son Min

EU pushes to centralize virtual asset supervisory authority…debate intensifies

The European Union (EU) is pursuing a plan to concentrate supervisory authority over crypto-assets (cryptocurrencies) and capital markets in the European Securities and Markets Authority (ESMA), prompting a growing debate within the industry. On the

"Stream Finance incident increases risk of cascading damage to other protocols"

DeFi analysts estimate that the scale of loan and stablecoin exposure related to the Stream Finance incident exceeded $284 million. On the 4th (local time), Cointelegraph reported that DeFi research group 'Yields and More (YAM)' said that tracking th

Changpeng Zhao "Giggle Academy is not related to the Giggle meme coin"

Binance co-founder Changpeng Zhao (CZ) reiterated that 'Giggle Academy' is not associated with the plunging 'Giggle Fund (GIGGLE) token'. Giggle Academy is a virtual asset (cryptocurrency) education project founded by Changpeng Zhao. On the 4th (loca

"Balancer hack was prepared months in advance"

It has emerged that the $116 million hack at the decentralized exchange (DEX) Balancer (BAL) was carried out under a months-long plan. On the 4th (local time), Cointelegraph reported that Conor Grogan (Conor Grogan), a Coinbase director, analyzed, "T

UBS·Chainlink complete first on-chain transaction in $100 trillion fund market

UBS has completed the first on-chain redemption of a tokenized money market fund using Chainlink technology. The transaction is being regarded as an example of blockchain infrastructure being put into full-scale use in the $100 trillion global fund i

Binance lists Momentum (MMT) perpetual futures

Global virtual asset (cryptocurrency) exchange Binance is listing Momentum (MMT) perpetual futures. On the 4th (local time), Binance said on its official website, "Today at 21:00 we will list MMT/USDT perpetual futures." It supports up to 50x leverag

Binance lists Fox Finance (FOLKS) perpetual futures

Global virtual asset (cryptocurrency) exchange Binance will list Fox Finance (FOLKS) perpetual futures. On the 4th (local time), Binance announced on its official website, "It will list the UAI/USDT perpetual futures on the 6th at 21:30." It supports

Bitcoin nears lowest level since June… U.S. shutdown and strong dollar impact

Bitcoin's price has approached its lowest level since June due to the prolonged U.S. government shutdown and a strong dollar. On the 4th (local time), according to CoinDesk, Bitcoin (BTC) was trading around 103,000 dollars, approaching its lowest lev

FTX withdraws request for 'payment restrictions for creditors of certain countries'…"Possibility of reapplication remains"

The cryptocurrency exchange FTX, which is undergoing bankruptcy proceedings, has withdrawn plans to restrict payments to creditors of certain countries. However, it left open the possibility of resubmitting the same request in the future. On the 3rd

Domestic coin trading plunges…investment funds move to the stock market

While the domestic stock market continues to show strength, the virtual asset market is sharply contracting. While KOSPI's trading value has more than tripled compared with the start of the year, trading value on major domestic exchanges has fallen t

Stream Finance halts deposits and withdrawals after detecting abnormal losses…$93 million

Decentralized finance (DeFi) platform Stream Finance has suspended deposits and withdrawals after confirming asset losses of $93 million. On the 3rd (local time), Cointelegraph reported that Stream Finance suspended deposits and withdrawals after dis

Bitcoin falls below 104,000 dollars

ARK Invest buys additional Bullish shares…worth 12 million dollars

ARK Invest, led by Cathie Wood, bought additional shares of Bullish, a crypto asset (cryptocurrency) exchange. On the 3rd (local time), according to Cointelegraph, ARK Invest added to its Bullish holdings after Bullish launched its options trading pl

Binance lists UnifAI(UAI) perpetual futures

Global cryptocurrency exchange Binance is listing UnifAI(UAI) perpetual futures. On the 4th (local time), Binance said on its official website, "We will list UAI/USDT perpetual futures on the 6th at 20:30." It supports up to 50x leverage.

Strategy to pursue euro-denominated stock offering…to secure funds for additional Bitcoin purchases

Strategy, the cryptocurrency investment firm led by Michael Saylor, is pursuing a euro-denominated listed share offering (IPO) to raise funds for Bitcoin purchases. On the 3rd (local time), Cointelegraph reported that Strategy plans to issue 3,500,00

24-hour futures liquidations near $1.4 billion

Over the past 24 hours, the size of position liquidations in the digital asset (cryptocurrency) perpetual futures market was recorded at $1.37 billion. On the 4th (local time), according to CoinGlass data, a total of $1.37 billion worth of futures po

Privacy coins surge 80% in a week… increased demand for 'anonymity'

Cryptoasset (cryptocurrency) investors are reassessing the importance of financial privacy, and demand for privacy coins is surging. On the 3rd (local time), Cointelegraph reported that the market capitalization of privacy coins rose about 80% compar

Iren, $9.7 billion deal with Microsoft…shares surge 30%

Nasdaq-listed Bitcoin (BTC) mining company Iren (IREN)'s stock surged on news of a large artificial intelligence (AI) cloud contract with Microsoft. On the 3rd (local time), The Block reported that Iren said it had signed a 5-year, $9.7 billion GPU c

Strategy buys an additional 397 Bitcoin… about 65.2 billion won

Strategy has reportedly purchased an additional 397 Bitcoin (BTC). It is about 65.2 billion won. On the 3rd (local time), Michael Saylor, founder of Strategy, said on X (formerly Twitter), "Strategy bought an additional 397 BTC ($45.6 million)," and

Animoca Brands pursues Nasdaq listing via reverse merger

Hong Kong-based blockchain company Animoca Brands is pursuing a U.S. Nasdaq listing through a reverse merger with Singapore's Currency Group. On the 3rd (local time), CoinDesk reported that Animoca Brands is pursuing a Nasdaq listing through a revers

Binance Lists Kite (KITE) Perpetual Futures

Global virtual asset (cryptocurrency) exchange Binance will list Kite (KITE) perpetual futures. On the 3rd (local time), Binance said on its official website, "We will list KITE/USDT perpetual futures at 22:00 today." It supports up to 25x leverage.

Polymarket records all-time highs in monthly active traders and trading volume

User activity on decentralized prediction market platform Polymarket surged in October, reaching record highs. Competing platform Kalshi continued to demonstrate market dominance with monthly trading volume exceeding $4.4 billion. On the 3rd (local t

Bitcoin exceeds 108,000 dollars

October DEX trading volume sets an all-time high

Last month, global decentralized exchanges (DEX) trading volume reached an all-time high. As the virtual assets (cryptocurrencies) market showed a sharp decline, investors reallocated assets, causing on-chain trading to surge. On the 2nd (local time)

Trump, suddenly "Won't give NVIDIA's most advanced Blackwell chips outside the U.S."

NVIDIA pledges to supply 260,000 cutting-edge Blackwell chips to South Korea Need to wait to see whether the sudden remark is true President Trump claimed that NVIDIA's most advanced artificial intelligence (AI) Blackwell chips would be provided only

Balancer admits hacking incident…"Investigation into damages underway"

Balancer (BAL), the decentralized finance (DeFi) protocol that suffered a hacking incident, issued an official statement. On the 3rd (local time), Balancer said via its official X (formerly Twitter), "We are aware of the hack that occurred in the Bal

Standard Chartered CEO "Global financial transactions will ultimately take place on the blockchain"

Bill Winters, Chief Executive Officer (CEO) of Standard Chartered, predicted that most financial transactions will ultimately take place on the blockchain and that all money will become digital. According to CNBC on the 3rd (local time), Winters said

Balancer DeFi Protocol Hacked…Large Outflow of Staked Ethereum

Balancer (BAL), a decentralized exchange (DEX) and automated market maker (AMM), is estimated to have suffered a hack of about $70 million. On the 3rd (local time), Cointelegraph reported that about $70.9 million worth of staking Ethereum (ETH) moved

French National Assembly passes bill to tax virtual assets

A member of France's National Assembly has passed a bill classifying virtual assets (cryptocurrencies) as 'unproductive wealth' and imposing taxes on large holders. On the 2nd (local time), according to CoinDesk, centrist lawmaker Jean-Paul Matteï, w

Binance Announces Momentum Spot Listing

Global crypto asset (cryptocurrency) exchange Binance is listing Momentum (MNT). On the 21st (local time), Binance said on its official website "it selected Momentum as the 56th Hodler Airdrop Project" and "the spot trading pair is scheduled to be li