Suehyeon Lee

Brent Crude Rises 0.5% as Israel-Hezbollah Clashes Escalate

Oil prices rose as clashes between Israel and Hezbollah intensified and the prospect of additional US sanctions on Iran added to market tension. Brent, the global crude benchmark, gained 0.5% in early Asian trading on August 16, Bloomberg reported. T

Ethereum Reviews 66 Proposals for Next Hegotá Upgrade, With Privacy Features in Focus

Ethereum developers are reviewing 66 proposals for the network’s next major upgrade, Hegotá, with native privacy features emerging as a key area of focus. Cointelegraph reported on August 16 that developers are assessing 66 Ethereum Improvement Propo

SafePal Says Personal Data of 39,798 Customers Was Exposed, Warns of Phishing

SafePal, a maker of cryptocurrency hardware wallets, said a security flaw in its order-tracking system exposed the personal information of nearly 40,000 customers. The Block reported on August 16 that SafePal disclosed in a post on X that unauthorize

Crypto Scams Surge After EU’s MiCA Takes Effect as Fraudsters Impersonate Regulators

Fraud linked to the European Union’s Markets in Crypto-Assets, or MiCA, framework has surged since the rules took full effect, as scammers exploit confusion during the shift away from unlicensed crypto platforms. CoinDesk reported on August 16 that m

SEC Abruptly Cancels Public Crypto Rulemaking Meeting Amid Clarity Act Talks

The U.S. Securities and Exchange Commission has abruptly canceled a public meeting it had planned to discuss digital-asset rulemaking. CoinDesk reported on Aug. 16 that the SEC scrapped the public meeting that had been scheduled for last Thursday and

Israel-Hezbollah Fighting Intensifies as US Prepares More Economic Sanctions on Iran

Tensions in the Middle East are rising again after the deadliest fighting in months between Israel and Hezbollah, as the US prepares additional economic sanctions on Iran. Bloomberg reported on Aug. 16 that the Israel Defense Forces said it killed se

This Week’s Key Events: Fed’s July FOMC Minutes, China Loan Prime Rates

Key economic events this week ▶︎Monday, Aug. 17: △South Korean markets closed for the substitute holiday marking Liberation Day △August New York Empire State Manufacturing Index (9:30 p.m. Korea Standard Time) △August NAHB Housing Market Index (11 p.

Ethereum New Addresses Jump 75% in Eight Days, Signaling Potential Price Gains

A rapid increase in new addresses on the Ethereum network may signal further price gains ahead, according to crypto analyst Ali Martinez. On August 16, Martinez said Ethereum’s daily new addresses surged to 212,560 from 121,210 on August 8. That repr

UBS Boosts BlackRock Bitcoin ETF Call Options 24-Fold, Expands IBIT Exposure

UBS Group AG increased its call-option position tied to BlackRock Inc.'s spot Bitcoin exchange-traded fund by more than 24-fold from the previous quarter. CoinDesk reported on August 15 that UBS disclosed to regulators a call-option position linked t

Harvard Halts Bitcoin ETF Selling, Keeps $101.4 Million IBIT Stake in Second Quarter

Harvard University's endowment halted two straight quarters of selling in spot-Bitcoin exchange-traded funds, keeping its holdings unchanged in the second quarter. A recent Form 13F filing with the US Securities and Exchange Commission showed Harvard

Coinbase Bitcoin Premium Stays Negative for 90 Straight Days, Longest Stretch on Record

The Coinbase Bitcoin Premium Index, a gauge of US investors’ appetite for Bitcoin, has remained below zero for its longest stretch on record. Wu Blockchain, citing CoinGlass data on Aug. 16, reported that the index stayed negative for 90 consecutive

Trump to Meet Crypto, Prediction Market Executives Near White House

President Donald Trump is scheduled to meet with senior executives from the cryptocurrency and prediction-market industries in Washington on Aug. 19. The Block reported on Aug. 16 that the meeting is set for 2:30 p.m. Eastern time at the Eisenhower E

JPMorgan Ends Polymarket Bank Account Services, Keeps Eye on Future IPO Role

JPMorgan Chase & Co. ended bank account services for prediction-market platform Polymarket, but has continued courting the company as it competes for a role on any future initial public offering, The Block reported. The bank told Polymarket in Octobe

S&P 500 Second-Quarter Profit Jumps 31%, Fueling Earnings Surprise

Stronger-than-expected second-quarter earnings from U.S. companies are giving fresh support to New York stocks, which are hovering near record highs. Bloomberg reported on Aug. 15 that net income for S&P 500 companies rose 31% from a year earlier. Ex

Bybit Launches Pre-IPO Perpetual Futures Linked to Unitree, Moonshot AI

Global cryptocurrency exchange Bybit has launched pre-IPO perpetual futures linked to Chinese robotics company Unitree and artificial intelligence startup Moonshot AI. Cointelegraph reported on August 15 that the products are USDT-settled perpetual f

Tokenized Stock Holders Double in a Month as Transfer Volume Surges 180%

The market for real-world assets is growing rapidly, and the number of investors holding tokenized stocks has more than doubled in the past month. Data from RWA.xyz cited by Cointelegraph on Aug. 15 showed tokenized stock holders climbed to 1.31 mill

South Korean Lawmakers Revive Crypto Tax Delay Bills as Government Prepares for January Rollout

South Korean lawmakers have revived bills to delay taxation of virtual assets ahead of the planned January start date, but the government is pressing ahead with preparations for implementation on schedule. According to industry officials on Aug. 13,

Japan Backs BOJ Rate Hike in September or October to Defend Yen

Japan’s government supports an early interest-rate increase by the Bank of Japan, according to people familiar with the matter. Bloomberg reported on Aug. 13 that Prime Minister Sanae Takaichi’s government is receptive to an earlier BOJ rate hike, wi

Bank of Korea Resumes Gold Investment After 13 Years With $250 Million ETF Purchase

The Bank of Korea has bought gold-linked assets for the first time in 13 years. Bloomberg reported on Aug. 13 that the BOK held 679,765 shares of SPDR Gold Shares, the world’s largest physically backed gold exchange-traded fund, at the end of the sec

Bitwise CIO Says Token Buybacks and Burns Could More Than Double Crypto Valuations

Crypto valuations could more than double from current levels as more protocols use revenue to buy back and burn tokens, according to Bitwise Chief Investment Officer Matt Hougan. Hougan told Cointelegraph in an Aug. 13 report that the crypto market o

102 Solana Validators Briefly Disrupted by Infrastructure Outage; Network Remains Operational

Some Solana validators were briefly disrupted by an infrastructure outage, but the network continued to operate normally. Wu Blockchain reported on Aug. 13 that Jacob Creech, a technology executive at the Solana Foundation, said an overnight outage s

Metaplanet CEO Denies Selling Bitcoin After 5,014 BTC Transfer

Metaplanet, a Japanese Bitcoin treasury company, denied market speculation that it had sold Bitcoin after a recent large transfer. Chief Executive Officer Simon Gerovich told Cointelegraph on Aug. 13 that the movement was part of routine custody-rela

US Spot Ether ETFs Draw $7.4 Million, Led by BlackRock’s ETHA

US spot Ether exchange-traded funds posted net inflows. Farside Investors data showed on Aug. 13 that US spot Ether ETFs recorded a combined $7.4 million in net inflows the previous day, snapping a three-session streak of net outflows. The inflows we

Mirae Asset to Inject $36 Million Into Korbit Operator After Acquisition

Mirae Asset Group is moving to bolster the capital of cryptocurrency exchange Korbit after completing its acquisition of the platform, with a planned injection of about $36 million. DigitalX, the operator of Korbit, decided at a board meeting on Aug.

US Spot-Bitcoin ETFs See $61.1 Million in Net Outflows After One Day of Inflows

U.S. spot-Bitcoin exchange-traded funds posted net outflows of more than $60 million. Farside Investors data released on August 13 showed U.S. spot-Bitcoin ETFs recorded total net outflows of $61.1 million the previous day. The funds swung back to ne

Koscom, NH Investment & Securities Partner on Tokenized Securities Platform

Koscom and NH Investment & Securities are partnering on a shared platform and new business models as they prepare for the institutional rollout of tokenized securities, or STOs. Koscom said on August 13 that it signed a memorandum of understanding wi

Anthropic Pursues $6 Billion Decart AI Acquisition to Bolster Infrastructure Ahead of IPO

Anthropic is pursuing a deal to acquire AI startup Decart AI for about $6 billion, Bloomberg reported on August 13. Anthropic is in talks to buy Decart for roughly $6 billion, according to the report. No final agreement has been reached, and the nego

GSR Raises Solana Weight to 43.6% in Model Portfolio, Cuts Bitcoin and Ether

GSR, a global digital-asset investment firm, has increased Solana's weighting in its model portfolio to more than 40%, making it the portfolio's largest holding. Wu Blockchain, citing GSR's Core3 model portfolio on Aug. 12, reported that Solana's all

Goldman Sachs to Acquire Bitcoin Income ETF Manager NEOS for Up to $2.25 Billion

Goldman Sachs said it will acquire NEOS Investments, the manager of a Bitcoin-linked income ETF, in a cash-and-stock deal valued at as much as $2.25 billion. CoinDesk reported on August 12 that Goldman disclosed the transaction in a statement. The pu

Japan July Producer Prices Rise 7.2%, Bolstering Case for Another BOJ Rate Hike

Japan’s producer prices remained elevated in July, lending support to the case for another interest-rate increase by the Bank of Japan. Bloomberg reported on Aug. 12 that the Bank of Japan’s corporate goods price index rose 7.2% in July from a year e