Son Min

Sygnum Bank to Launch Bitcoin-Collateralized Lending Platform 'MultiSYG'

Swiss virtual asset (cryptocurrency) specialist bank Sygnum is partnering with non-custodial (Non-Custodial) lending startup Debifi to introduce a Bitcoin (BTC)-collateralized lending platform. According to CoinDesk on the 24th (local time), Sygnum p

Bitcoin Rally Slows… Short-term Buying Weakens

Bitcoin (BTC) has ended months of gains and entered a correction phase. Investors are moving funds to derivatives rather than spot, showing defensive behavior. On the 24th (local time), CoinDesk reported that Bitcoin was trading around $111,000. It h

Virtual asset Fear & Greed Index records 30 points…'Fear' stage maintained

The virtual asset (cryptocurrency) Fear & Greed Index rose 3 points from the previous day, showing an improvement in investor sentiment. The Fear & Greed Index is an indicator of market sentiment, where values close to 0 indicate extreme fear and val

24-hour futures liquidations approach $250 million

Over the past 24 hours, the position liquidation volume in the crypto (cryptocurrency) perpetual futures market amounted to $246.75 million. On the 23rd (local time), according to CoinGlass data, a total of $246.75 million in futures positions were l

Redstone joins forces with Kalshi to put prediction market data on-chain

Redstone (RED) has integrated event data from Kalshi, a prediction market licensed by the U.S. Commodity Futures Trading Commission (CFTC), on-chain, enabling more than 110 blockchain networks to utilize real-world prediction data. According to CoinD

"Binance Coin emerges as the star of 'Uptober'"

While Bitcoin (BTC) continues its October weakness, Binance Coin (BNB) is dominating thanks to a surge in meme coin trading and rising fees. On the 23rd (local time), Cointelegraph said, "BNB delivered the most notable performance amid Bitcoin's weak

Tether invests in 'programmable bank' Pave

Tether has participated in the Series A investment round of Pave Bank, which proclaims itself as a 'programmable bank' for the AI and digital asset era. According to The Block on the 23rd (local time), Pave Bank secured a Series A investment of $39 m

Bitcoin hovers below $110,000... "Testing patience"

Bitcoin (BTC) has failed to find direction below a short-term resistance line, testing investors' patience. Open interest (OI) in options remains at record highs, suggesting market volatility could increase. According to The Block on the 23rd (local

"Latin America, dollar stablecoin services spreading"

Stablecoins and blockchain-based financial services are spreading in the Latin American region. Analysts say that amid inflation and a lack of traditional financial infrastructure, crypto assets are taking root as new means of payment and savings. On

Türkiye's virtual asset trading volume surpasses $200 billion…"Highly speculative"

Türkiye has emerged as the largest virtual asset market in the Middle East and North Africa (MENA) region, but analysis suggests its character is more speculative than for actual use. On the 22nd (local time), Cointelegraph reported that Chainalysis

a16z seeks to raise a $10 billion new fund for AI and defense

Silicon Valley's leading venture capital firm Andreessen Horowitz (a16z) is reportedly seeking to raise a new fund of about $10 billion (about KRW 13.8 trillion). However, virtual assets (cryptocurrencies) are said to be excluded from the investment

EU imposes first sanctions on ruble-pegged stablecoin 'A7A5' and virtual asset platforms

The European Union (EU) has stepped up sanctions on Russia and, for the first time since the outbreak of the war, introduced cryptocurrency-related sanctions. The measure focuses on blocking virtual assets used as means of money laundering and sancti

Revolut obtains MiCA license…set to offer crypto asset services across the EU

Fintech firm Revolut has obtained a 'Markets in Crypto-Assets (MiCA)' license from the Cyprus Securities and Exchange Commission (CySEC), allowing it to provide regulated crypto asset services across the 30 countries of the European Economic Area (EE

24-hour futures liquidation amount approaches $500 million

Over the past 24 hours, the position liquidation volume in the crypto assets (cryptocurrency) perpetual futures market was recorded at $499.63 million. According to CoinGlass data on the 23rd (local time), a total of $599.63 million worth of futures

Canada's anti-money-laundering agency fines 'Cryptomus' US$126 million

Canada's anti-money-laundering agency FINTRAC has imposed the largest-ever fine on Vancouver-based virtual asset platform 'Cryptomus' for violations of the Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) laws. According to CoinDesk on

Deposit Rates Rose as Market Interest Rates Jumped

Commercial banks raise around 0.1%P in a month 1-year bank bonds have also 'rebounded' since August While the Bank of Korea has kept its base rate unchanged for three consecutive months, banks have been raising deposit rates one after another. This r

U.S. Democrats and Crypto Industry Deepen Conflict Over Regulatory Bill

Democratic senators in the U.S. Senate and leading figures from the crypto asset (cryptocurrency) industry are reportedly clashing over a bill to regulate the crypto market. On the 22nd (local time), The Block reported that Democratic lawmakers discu

Japan-listed Quantum Solutions becomes the largest Ethereum holder among companies outside the U.S.

Ark Invest-backed Japan-listed Quantum Solutions has emerged as the company holding the largest amount of Ethereum (ETH) among companies outside the United States. The company has set a goal to build a strategic reserve of 100,000 ETH. On the 23rd (l

Hyperliquid Strategies to pursue $1 billion share issuance for additional purchases

Hyperliquid Strategies, the merged entity of the world's largest decentralized derivatives platform Hyperliquid (HYPE), plans to expand its token holdings through a US$1 billion share issuance. On the 23rd (local time), according to Cointelegraph, Hy

"Bitcoin mining industry debt surges sixfold in one year"

Debts of Bitcoin (BTC) mining companies surged from $2.1 billion to $12.7 billion in one year. Large-scale capital expenditure for AI computations and to strengthen mining competitiveness is cited as the cause. On the 23rd (local time), according to

Polymarket seen at $15 billion valuation… 10x surge in 4 months

The prediction market platform Polymarket is seeking new funding and its valuation could reach up to $15 billion. This represents about a tenfold increase compared with four months ago. On the 23rd (local time), according to Cointelegraph, Polymarket

Binance lists Apriori (APR) perpetual futures

Global crypto asset (cryptocurrency) exchange Binance is listing Apriori (APR) perpetual futures. On the 23rd (local time), Binance said on its official website, "Today at 19:30 (KST) it will list Apriori perpetual futures." It supports up to 50x lev

Decentralized exchange Bunni ceases operations after $8.4 million hack…second this week

Decentralized exchange (DEX) Bunni will suspend operations due to funding difficulties following a hack in September. It is the second crypto project to declare closure just this week. On the 23rd (local time), Cointelegraph reported that the Bunni t

Crypto Fear and Greed Index records 27 points…enters 'Fear' phase

The cryptoasset (cryptocurrency) Fear and Greed Index rose 2 points from the previous day, showing an improvement in investor sentiment. The Fear and Greed Index is an indicator of market sentiment; the closer it is to 0, the more extreme the fear, a

Bitcoin spot ETF outflows, core support may be breached↑

As inflows into Bitcoin (BTC) spot exchange-traded funds (ETF) cool, warnings have emerged that Bitcoin could lose support in the $107,000~$108,000 range. On the 22nd (local time), Cointelegraph reported that Bitfinex analysts said, 'With institution

Bitcoin, collapse below $100,000 imminent?…OBV volume indicator lowest since April

The representative volume indicator OBV(On-Balance Volume) is sending a bearish signal, and a warning has been raised that the Bitcoin price could fall below $100,000. On the 23rd (local time), CoinDesk analyst Omkar Godbole said, "Bitcoin appears to

Won–dollar exchange rate tops 1,440 won intraday…highest in half a year

The won–dollar exchange rate surpassed 1440 won intraday, reaching its highest level in half a year. Uncertainty over Korea-U.S. trade talks and net selling by foreign investors appear to be contributing factors to the won's weakness. According to th

Eric Trump "We Love Bitcoin"

Eric Trump, the second son of President Donald Trump, said he loves Bitcoin (BTC). On the 22nd (local time), Eric Trump said on X (formerly Twitter), "Because we love America and Bitcoin, we launched American Bitcoin." American Bitcoin, a mining comp

Gold price, $2.5 trillion evaporates in one day…larger decline than Bitcoin

Gold, long called a 'safe-haven' asset, lost $2.5 trillion in market capitalization in one day, marking the worst plunge in recent years. This decline exceeds the total market capitalization of Bitcoin (about $2.2 trillion). On the 22nd (local time),

U.S. stocks slip slightly as Netflix falters and corporate earnings diverge

Amid a stream of mixed corporate results in the U.S., U.S. stocks edged lower on the 22nd (local time). Around 10:20 a.m. Eastern Standard Time, the S&P500 was trading just below a flat line, the Nasdaq Composite was down 0.3%, and the Dow Jones Indu