Suehyeon Lee

US Spot Ethereum ETFs See $11.9 Million in Net Outflows, Ending Three-Day Inflow Run

US spot Ethereum exchange-traded funds reverted to net outflows. Farside Investors data showed on August 4 that US spot Ethereum ETFs posted combined net outflows of $11.9 million a day earlier, ending a three-trading-day inflow streak. BlackRock's E

Apple Says It Temporarily Removed Telegram From South Korea App Store Over CSAM Content

Apple said it temporarily removed Telegram from South Korea's App Store over content related to child sexual abuse material, or CSAM. Bloomberg's Mark Gurman reported on August 4 that Apple removed Telegram from the App Store after finding content th

US Spot-Bitcoin ETFs Draw $170.1 Million, Returning to Net Inflows in One Day

US spot-Bitcoin exchange-traded funds returned to net inflows after attracting more than $100 million in fresh capital. Farside Investors data released on August 4 showed US spot-Bitcoin ETFs recorded combined net inflows of $170.1 million the previo

Crypto Spot Trading Volume Drops to Year’s Lowest Daily Average

Trading activity in the cryptocurrency market has slowed, sending spot volume to its lowest level of the year. KobeissiLetter, citing Kaiko data on August 3, said average daily trading volume across 44 spot cryptocurrency exchanges fell to about $15

Telegram Restored to Apple App Store Search After Temporary Removal

Telegram has reappeared in Apple’s App Store search results after a temporary disappearance that had blocked new downloads. As of the morning of August 4, Korea time, Telegram was not showing up in App Store search results, making it unavailable for

Bithumb Targets 2028 IPO, Steps Up Internal Controls and Governance Revamp

Bithumb said on August 4 that it is stepping up preparations for a 2028 initial public offering, including tighter internal controls and an overhaul of its accounting and governance systems. Under a phased roadmap, the company plans to complete impro

Bitcoin Swap Service Boltz Suspends Operations as AI-Driven Hacking Attempts Surge

Boltz, a non-custodial Bitcoin swap service, has suspended operations after a surge in AI-driven attempts to penetrate its infrastructure. Cointelegraph reported on August 4 that Boltz announced on X it would halt the service until further notice. Th

Kosdaq Jumps More Than 5%; Buy-Side Sidecar Triggered for Third Straight Session

Bessent Publicly Urges Fed to Expand Yen-Support Facility, Raising Independence Concerns

US Treasury Secretary Scott Bessent has publicly urged the Federal Reserve to expand a liquidity facility that helps support Japan’s defense of the yen, intensifying questions about the central bank’s independence. Bloomberg reported on Aug. 3 that B

Telegram Vanishes From Apple App Store Searches Worldwide; GRAM Drops 5.77%

Telegram is no longer appearing in Apple App Store searches worldwide. Watcher.Guru reported on August 3 that Telegram was missing from Apple App Store search results globally. So far, neither Apple nor Telegram has issued an official statement on th

DEX Spot Market Share Tops 24% for First Time as CEX Volume Falls to 12-Month Low

Decentralized exchanges accounted for more than 24% of spot cryptocurrency trading for the first time, rapidly narrowing the gap with centralized exchanges. The ratio of DEX to CEX spot trading volume reached a record 24% in July, up 7 percentage poi

FBI Counterintelligence Agent Arrested Over Alleged Theft of More Than $1 Million in Cryptocurrency

An FBI counterintelligence agent based at the bureau’s headquarters has been arrested on allegations that he siphoned off cryptocurrency obtained during an investigation. CoinDesk reported on August 3 that Patrick Stephen Yarmuth, a supervisory speci

Oil Steadies After Trump Says He Expects Strait of Hormuz to Reopen Soon

Oil traded little changed after a sharp drop a day earlier, as President Donald Trump said he expects the Strait of Hormuz to reopen soon. WTI crude traded near $80 a barrel on August 3, Bloomberg reported. Brent, after sliding more than 5% in the pr

Aug. 4 Economic Calendar: US June JOLTS Report, South Korea July CPI

Today’s Key Economic Events ▶ Aug. 4 (Tuesday): △ South Korea July consumer price index (8 a.m. Korea time) △ US June trade balance (9:30 p.m. Korea time) △ US June Job Openings and Labor Turnover Survey, or JOLTS (11 p.m. Korea time) △ US June facto

White House Stays Silent on CLARITY Act Ethics Compromise, Delaying Deal on Key Dispute

The White House has yet to take an official position on a bipartisan compromise over the ethics provision in the CLARITY Act, a US crypto market structure bill. Eleanor Terrett, host of Crypto in America, said on August 3 that the White House had not

Cash Floods Into Leveraged Semiconductor ETFs, Giving SK Hynix World’s Largest Single-Stock Exposure at $5.5 Billion

Heavy inflows into leveraged exchange-traded funds tied to semiconductor stocks have made SK Hynix the biggest single-stock holding in leveraged and inverse ETFs worldwide. According to market analysis firm KobeissiLetter on Aug. 3, assets under mana

Blockchain Association Tells Senate Leaders CLARITY Act Doesn’t Weaken AML Rules

The Blockchain Association pushed back against claims that the CLARITY Act, a US crypto market-structure bill, would weaken anti-money laundering rules. The group sent a letter to Senate Majority Leader John Thune and Senate Democratic Leader Chuck S

Senate GOP Leader Thune Says He Still Expects CLARITY Act Vote This Week Before Recess

Senate Republican leader John Thune reaffirmed that he still expects the Senate to vote this week on the CLARITY Act, a cryptocurrency market structure bill, before the chamber begins its recess. WatcherGuru reported on August 3 that Thune said he st

Trump Administration Calls OpenAI, Anthropic, Google to White House for AI Safety Framework Talks

The Trump administration has called in major artificial intelligence companies including OpenAI, Anthropic and Google for White House talks on a new AI safety review framework. Bloomberg reported on August 3 that the administration planned to meet wi

BlackRock Launches Two Tokenized Money Market Funds for Stablecoin Reserves

BlackRock, the world's largest asset manager, has introduced two tokenized money market funds designed for stablecoin reserve management. The Block, a crypto-focused media outlet, reported on August 3 that BlackRock formally announced the launch of B

Bloomberg: Korea’s Kospi Rout Puts Lee Government on Alert as Leveraged ETF Policy Backfires

A leveraged exchange-traded fund policy introduced by President Lee Jae-myung’s government to energize the stock market is now being blamed for the recent Kospi selloff, Bloomberg reported, adding to the administration’s political burden. On Aug. 3,

US Spot Bitcoin ETFs See $61.53 Million Outflow, Ending Three-Week Inflow Streak

US spot Bitcoin exchange-traded funds posted net outflows last week, ending a three-week run of inflows. Wu Blockchain said on August 3 that US spot Bitcoin ETFs logged total net outflows of $61.53 million during the July 27-31 period. The shift ende

BitGo CEO Challenges Anthropic’s Claude to Move 100 BTC and Keep It

BitGo Chief Executive Officer Mike Belshe has launched a public experiment challenging Anthropic’s artificial intelligence model Claude with 100 BTC. WuBlockchain reported on August 3 that Belshe deposited 100 BTC into a public Bitcoin address and in

Kalshi, Polymarket July Volume Hits Record $50.59 Billion on World Cup Boost

Monthly trading volume on prediction-market platforms Kalshi and Polymarket reached a record in July, lifted by strong interest during the FIFA World Cup. The Block reported on August 3 that combined July trading volume for Kalshi, Polymarket and Pol

US May Have Bought Yen With Euros, Not Dollars, to Preserve Strong-Dollar Policy

The U.S. Treasury may have used euros rather than dollars in coordinated foreign-exchange intervention to support the yen. Bloomberg reported on August 3 that the Federal Reserve Bank of New York asked major banks for euro-yen quotes on August 1. The

Net Stablecoin Outflows From Korean Exchanges Reach $367 Million in June as Offshore Derivatives Trading Expands

Net stablecoin outflows from South Korean cryptocurrency exchanges to overseas platforms reached several hundred billion won a month, Yonhap News reported on August 3. Data submitted by the Financial Supervisory Service to lawmaker Lee Jong-wook of t

Hong Kong Woman in Her 50s Loses $3.3 Million in Romance Scam Linked to Fake Crypto Investment

A Hong Kong insurance agent in her 50s lost $3.3 million in a cryptocurrency investment scam after falling victim to an online romance scheme. The Block reported on August 3 that Hong Kong police said the woman was introduced last year to a man throu

Fourth Coldcard Attack Wave Detected, 389 More Bitcoin Stolen

A string of hacking attacks targeting the Coldcard Bitcoin hardware wallet has entered a fourth wave, expanding the losses. Cointelegraph reported on August 2 that Alex Thorn, head of research at Galaxy, wrote on X that 218 transactions from 462 addr

JPMorgan Says US Scope for Joint Yen Intervention Is Limited, but Could Reach $187 Billion

The US has limited room to continue joint foreign-exchange intervention with Japan, though it could expand its available firepower to as much as $187 billion if needed. Bloomberg reported on August 2 that JPMorgan, in a report, said the US Treasury’s

Coinone Launches Voucher Service Bundling Fee Discounts, Point Paybacks

Coinone said on August 3 that it launched a "Voucher" service combining trading-fee discounts and point paybacks. The service is available to all Coinone members. Users can issue and register a voucher through the new "Voucher" tab on the exchange's