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### Jack O'Holleran, SKALE Labs CEO Interview ### ### Fee-competition-blocking consensus algorithm 'PoE' ### Targeting institutions and AI with privacy L1 'FAIR' ### Also improving game and token economy based on burn model ![Jack O'Holleran, SKAL
Tether (USDT), USDC and other stablecoins' market capitalization was slightly higher compared with the previous week. On the 18th, according to the DeFi dashboard DeFiLlama, the market capitalization of stablecoins including USDT was approximately $3
Homeland Security Investigations (HSI), under the U.S. Department of Homeland Security, detected signs that Chinese organized crime groups were laundering funds in the United States using virtual assets (cryptocurrency) and gift cards. On the 18th (l
As Binance completed its acquisition of domestic virtual assets (cryptocurrencies) exchange Gopax, it is reported that it plans to pursue a '1 exchange n banks' strategy alongside pursuing partnerships with multiple banks. According to industry sourc
Aides to President Trump are reportedly coordinating a meeting with North Korean State Affairs Commission Chairman Kim Jong Un behind the scenes to coincide with the upcoming Asia tour. On the 18th (local time), overseas business news flash channel W
The blockchain-based zero-knowledge proof (ZK) project ZeroBase (ZBT) has been on a downward trend since its Upbit listing. As of 23:05 on the 18th, ZBT is trading on Upbit at 565 won, down 11% from the previous day. ZBT, which had a short-term surge
As the government pushes to legislate the 'won stablecoin', a key pledge of President Lee Jae-myung, the possibility was mentioned that the income tax system could shift from the 'enumeration' principle to the 'comprehensive' principle if the system
Eric Trump, the second son of President Donald Trump, assessed blockchain as a core technology for financial innovation. On the 18th (local time), according to virtual asset (cryptocurrency) specialized media Chaincatcher, Eric Trump said in a CNN in
The stocks of companies following the 'Digital Asset Treasury' (DAT) strategy, which accumulate cryptocurrencies, are trading below the value of their held assets (NAV), and the market has pointed out that the bubble in that model has already burst.
Kaito, an AI-based Web3 research platform, said it has launched the OpenMind Leaderboard for the open-source AI project OpenMind. On the 18th (local time), according to Kaito, OpenMind said via X (formerly Twitter), "The OpenMind Leaderboard has been
UK tax authorities are significantly ramping up enforcement of taxation on crypto assets (cryptocurrencies). The number of tax warning letters sent to undeclared investors has more than doubled in a year. On the 18th (local time), according to crypto
About $1.2 billion (about ₩1.71 trillion) flowed out of U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs), marking the largest cash outflow in recent months. However, large brokerage Charles Schwab said that interest in crypto asset investing amon
As U.S. initial jobless claims showed a decline, market uncertainty is growing as official statistics are being released late due to a federal government shutdown (temporary work stoppage). On the 18th (local time), according to Coincu, a media outle
Network activity of Binance Coin (BNB) has surged to an all-time high, and analysts say it shows a correlated movement with the price uptrend. On the 18th, according to crypto media Coindoo, the daily active addresses on Binance Smart Chain (BSC) rea
Global virtual asset (cryptocurrency) exchange Binance announced that it will list SavannaSurvival (SavannaSurvival·SVSA) on Binance Alpha for the first time. On the 18th, Binance said via X (formerly Twitter) "SavannaSurvival will start trading on B
In the domestic virtual asset (cryptocurrency) market, six coins focused on decentralized finance (DeFi), artificial intelligence (AI), and content were newly listed. According to the industry on the 18th, the coins listed on major exchanges this wee
Bitcoin (BTC)-exposed retail investors who sought exposure by investing in "Digital Asset Treasury (DAT)" companies have reportedly incurred about $1.7 billion (about 2.42 trillion won) in losses. This is attributed to the collapse of an overvalued s
Reports say Arthur Hayes, co‑founder of BitMEX, is accelerating his return to the industry by seeking to raise a private equity fund of US$250 million (about KRW 356 billion). According to Bloomberg on the 18th, Maelstrom, Hayes's family office, has
Institutions and whales maintain Ethereum buying despite Trump's tariff shock Exchange holdings at 18-month low…continued on-chain outflows "Deleveraging phase…strengthening the medium- to long-term bullish base" U.S. President Donald Trump's announc
Recent surge in ETF listing applications Heightens expectations for an altcoin price rebound "This plunge is only a temporary readjustment After adjustment, the possibility of a price rebound is high" Cryptocurrency prices, which had been repeatedly
The market capitalization of major stablecoins such as Tether (USDT) and USDC has shown a slight increase compared to the previous week. On the 11th, according to decentralized finance (DeFi) data platform DeFiLlama, the total market capitalization o
Bitmine, which is stockpiling Ethereum, is reported to have additionally purchased 27,256 Ethereum worth about $104,240,000 (about 148 billion won). On the 11th, on-chain analytics firm Lookonchain said on X (formerly Twitter), "Bitmine has just acqu
Following President Trump's announcement of high tariffs on China, approximately $20 billion (about 28 trillion won) in liquidations occurred in a single day, prompting Kris Marszalek, CEO of Crypto.com, to call on regulators to investigate exchanges
The crypto asset (cryptocurrency) market plunged in the wake of President Trump's announcement of tariffs on China, with about $9.4 billion (about 13.3 trillion won) worth of positions liquidated over the past 24 hours. The broad decline across altco
Global virtual asset (cryptocurrency) exchange Binance is listing Meteora (MET) perpetual futures. According to Binance on the 11th (local time), Meteora perpetual futures (METUSDT) will begin pre-market trading at 21:30 (Korea Standard Time) that da
He Yi (He Yi, Binance co-founder) recently apologized, saying that some users experienced trading errors due to recent market upheaval. He said, "We will individually review and compensate for losses caused by Binance's responsibility." The co-founde
The European Central Bank (ECB) estimated that, in a situation of financial distress following the introduction of a digital euro, up to 700 billion euros (about 1,010 trillion won) in deposits could be withdrawn from commercial banks. It analyzed th
The virtual asset (cryptocurrency) market has shown a large-scale plunge, and Dogecoin (DOGE) co-founder Billy Markus expressed a critical view of the so-called 'Uptober' optimism. On the 11th (local time), according to virtual asset-focused media U.
Bitcoin (BTC) briefly recovered to the $112,000 level. As of 19:36 on the 11th, BTC is trading on the Binance USDT market at $112,089, down 7.55% from the previous day (170,590,000 won on Upbit). Meanwhile, according to crypto asset data platform Cry
Global crypto asset (cryptocurrency) investment firm DWF Labs plans to provide funding to projects that suffered losses due to the recent market plunge. On the 11th, Andrei Grachev, co‑founder of DWF Labs, said on X (formerly Twitter), "If there are