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The global virtual asset (cryptocurrency) exchange Binance assigned a 'monitoring tag' to four altcoins—Rain (BIFI), StarFi (FIS), Komodo (KMD), and Measurable Data Token (MDT)—causing the prices of these tokens to plummet sharply. According to the c
A wallet address, believed to be associated with HTX (formerly Huobi), has attracted market attention after withdrawing 400 million Tether (USDT) in a large-scale transaction from the decentralized finance (DeFi) lending platform Aave. On the 5th, on
The prime suspect behind a series of kidnappings targeting figures in France's virtual asset (cryptocurrency) industry has been apprehended in Morocco. According to cryptocurrency-specialized media CoinTrackDaily on the 5th (local time), Moroccan pol
The NFT (Non-Fungible Token)-based project Magic (MAGIC) is adjusting its distribution schedule and accelerating its reorganization toward an AI-centric business structure. On the 5th (local time), Upbit announced in a notice, "We are providing infor
U.S. judicial authorities have seized 145 domains and related virtual assets (cryptocurrency) associated with the dark web market 'BidenCash,' which was notorious for large-scale trafficking of stolen credit card information. According to Cointelegra
The Ministry of Commerce of China strongly protested the United States’ additional sanctions against China and urged an end to actions undermining the agreement. According to virtual asset (cryptocurrency) specialist media BlockBeats on the 5th (loca
After the South Korean cryptocurrency exchange platform Upbit announced its plan to list Raven (RVN), the token has experienced a sharp rally of over 80%. On the 5th, Upbit announced that RVN tokens would be listed on the KRW market at 5 PM today. Ac
An analysis has come out that, based on global cryptocurrency (virtual asset) centralized exchanges, the proportion of all stablecoins held by Binance exceeds half. On the 5th (local time), Richard Teng, CEO of Binance, announced on X (formerly Twitt
The restructuring plan of Indian virtual asset (cryptocurrency) exchange WazirX, which suffered a large-scale hacking incident last year, has been rejected by a Singaporean court. There are concerns that the creditor compensation schedule has once ag
Global virtual asset (cryptocurrency) exchange Coinbase has launched wrapped tokens cbDOGE and cbXRP, based on Dogecoin (DOGE) and XRP. Both tokens can be traded on Base, Coinbase's layer-2 network. According to CryptoPolitan on the 5th (local time),
Cryptocurrency 'high-leverage trader' James Win reportedly recorded a massive loss as his roughly $25 million (about ₩33.95 billion) long position in Bitcoin (BTC) futures was liquidated. On the 5th (local time), cryptocurrency-focused media outlet C
Global cryptocurrency exchange Binance has added monitoring tags to certain tokens including BIFI and FIS, urging caution due to their volatility. On the 5th (local time), Binance announced through its official channels that it would assign monitorin
Global cryptocurrency exchange Binance is listing Lagrange (LA) perpetual futures. According to Binance on the 5th (local time), Binance announced that it would list Lagrange (LA) perpetual futures at 18:00 (KST) that day. LA is already listed on Bin
The Hong Kong Securities and Futures Commission has announced plans to allow professional investors to trade virtual asset (cryptocurrency) derivatives. According to CoinDesk, a crypto-specialized media outlet, on the 5th (local time), the Hong Kong
Ethereum·Solana·XRP Retracement and Rebound Turning Point After Gains Unusual Volatility Could Occur in Summer Uncertainty surrounding tariff policies by the Trump administration in the U.S. is causing turbulence in the altcoin (cryptocurrencies othe
The market capitalization of stablecoins such as Tether (USDT) and USD Coin (USDC) showed a slight increase compared to the previous week. According to the decentralized finance (DeFi) dashboard DeFiLlama on the 31st, the market cap of stablecoins—in
Bitcoin (BTC) temporarily recovered to $104,000. As of 22:00 on the 31st, based on the Binance USDT market, the BTC price is trading at $103,991 (₩147,750,000 on Upbit exchange), down 1.61% from the previous day. Earlier in the day, the European Unio
Michael Saylor, CEO of Strategy (formerly MicroStrategy), emphasized that the adoption of Bitcoin (BTC) by businesses is expanding throughout the industry, but there is still an analysis that Wall Street's perspective remains cold. According to US bu
The European Union (EU) Commission recently expressed deep regret after Donald Trump, the President of the United States, imposed high tariffs on steel, and announced that it had begun preparations for a response. According to Block Beat, a virtual a
The virtual asset (cryptocurrency) trading platform Uphold has officially announced that it has begun developing monetization products based on XRP. On the 31st (local time), Uphold stated via X (formerly Twitter) that "various measures are being exp
Fund distribution to certain creditors of the bankrupt cryptocurrency exchange FTX is set to begin on June 2. On the 31st (local time), Sunil Kavuri, representative of FTX's largest creditor group, announced on X (formerly Twitter) that "for creditor
Bitcoin (BTC)-based fintech company Matador Technologies has secured a strategic investment from Arrington Capital. Matador is a Canadian-listed company developing Bitcoin network-based gold and precious metal products. According to GlobeNewswire on
'Ultra-high leverage trader' James Win, who has accumulated a loss of $17.72 million (about ₩24.5 billion) from liquidating Bitcoin (BTC) and Pepe (PEPE) long positions, has directly shared his position. On the 31st (local time), Win stated through X
The Financial Services Commission (FSC) plans to announce the 'Phase 2 Virtual Asset User Protection Act,' which will include provisions related to stablecoins, within the second half of this year (July to December). According to the industry on the
The United States government argued that it does not need to accept the cryptocurrency record protection lawsuit filed by Coinbase user James Harper. On the 31st (local time), cryptocurrency-focused media outlet Cointelegraph reported, "The United St
Web3 game publisher Revolving Games announced that it has successfully secured follow-on investment led by Pantera Capital, accelerating its ecosystem expansion. On the 31st (local time), Revolving Games revealed on Medium, "Revolving Games has secur
Bitcoin (BTC) has been rapidly leaving centralized exchanges, with exchange-held reserves reaching an all-time low. On the 31st (local time), Cointelegraph, a crypto-specialized media outlet, reported, "The amount of Bitcoin held by exchanges has onc
European Union (EU) reportedly continues to assess significant uncertainty regarding trade negotiations with the United States, with tensions remaining high. According to Block B, a virtual asset (cryptocurrency) specialist media outlet, on the 31st
A report has emerged that tensions are resurfacing in the trade truce between the United States of America and China, as China delays the approval process for rare earth exports. On the 31st (local time), The Wall Street Journal (WSJ) reported, "As C
The downward trend across the cryptocurrency market has become more pronounced, with cryptocurrency market capitalization decreasing by 2.81% in a single day. According to CoinMarketCap on the 31st, the total cryptocurrency market capitalization reco