Suehyeon Lee

KelpDAO Hacker Launders 34,500 ETH, Sending THORChain Volume Surging

Funds stolen in the KelpDAO hack are being actively laundered, driving a surge in trading volume on decentralized swap protocol THORChain. EmberCN reported on April 21 that the hacker began moving Ethereum funds the previous afternoon. So far, the at

Trump Says No Iran Deal Possible if Strait of Hormuz Reopens, Mentions Broad Strike Including Leadership

President Donald Trump escalated his rhetoric on negotiations with Iran, saying pressure should be maintained by keeping the Strait of Hormuz closed. In a Truth Social post on April 21, Trump wrote that Iran does not want the waterway closed because

April 22 Economic and Crypto Calendar: US Crude Inventories, Atlanta Fed GDPNow Due

Today's Key Economic Events ▶︎April 22 (Wednesday): △ Atlanta Fed first-quarter GDPNow (12:30 a.m. Korea Standard Time / 10:30 a.m. US time) △ South Korea March producer price index (6 a.m. Korea Standard Time / 4 p.m. US time) △ Japan March trade ba

Bitcoin Demand Cools as Tight Supply Offsets Geopolitical Risks

Bitcoin is showing an asymmetric market structure in which slowing demand and constrained supply are offsetting each other despite heightened geopolitical risks, according to an analysis. On April 21, the US said it would extend its ceasefire with Ir

US CLARITY Act Unlikely to Advance in April; May Committee Review, Pre-July Senate Vote Are Critical

Prospects for the CLARITY Act, a US market-structure bill for digital assets, advancing in April have effectively faded. CoinDesk reported on April 21 that industry lobbyists and a Senate staffer said the bill must clear the Senate Banking Committee

S&P 500 Futures Rise 0.4% After Trump Signals Extension of Iran Ceasefire

Relief spread across global markets after President Donald Trump signaled an extension of the ceasefire with Iran. Bloomberg reported on April 21 that Trump said the ceasefire would remain in place until negotiations with Iran are completed. S&P 500

Ethereum’s Long-Term Price Target Set at $250,000 as Global Finance Backbone

Ethereum may rise to $250,000 over the long term, according to a new forecast. The Block reported on April 21 that Etherealize, an institutional marketing organization for Ethereum, said in a report that the token is likely to become core infrastruct

Iran Says Strait of Hormuz Won’t Reopen While Sea Blockade Continues

Tensions in the Middle East are rising again after Iran said it will not reopen the Strait of Hormuz as long as the sea blockade remains in place. Tasnim News Agency reported on April 21 that Iran views the continued blockade as an ongoing hostile ac

Kalshi Weighs Launch of Crypto Perpetual Futures as It Expands Beyond Prediction Markets

US prediction-market platform Kalshi is exploring an expansion into crypto derivatives as it looks to broaden its business. The Information reported on April 21, citing multiple sources, that Kalshi is preparing to launch perpetual futures tied to cr

Verse8 Concludes BuidlHack 2026 as Non-Developer Solo Creator Wins

Verse8, an AI-based game creation platform, said Tuesday it had wrapped up BuidlHack 2026, a hackathon held with YGG Play. The event was held in Seoul during Korea BUIDL Week. A total of 120 teams submitted games built with Verse8’s AI creation tools

Tokenized RWA Market Grows 20-Fold in 3 Years, Surpasses $29 Billion

The market for tokenized real-world assets, or RWAs, is expanding rapidly and emerging as a major sector within digital assets. UBlockchain reported on April 21, citing a Cryptopolitan report, that the tokenized RWA market has grown about 20-fold ove

Coinbase Launches x402-Based Marketplace for AI Agent Payments

Coinbase has launched a service marketplace built on x402, a payment standard for artificial intelligence agents, as it moves to expand the ecosystem. Cointelegraph reported on April 21 that Coinbase launched Agentic.market, a marketplace built on th

Arbitrum Freezes 30,766 ETH Linked to KelpDAO Exploit in Emergency Move

Arbitrum has taken emergency action to freeze funds tied to the KelpDAO exploit. In a post on X on April 21, Arbitrum said its Security Council froze about 30,766 ETH held by an address linked to the KelpDAO exploit. The action followed cooperation w

US Spot Ether ETFs Draw $67.77 Million, Extend Inflow Streak to Eight Sessions

U.S. spot Ether exchange-traded funds extended their net inflow streak to eight consecutive trading sessions. Data from Trader T showed the funds recorded combined net inflows of $67.77 million on April 20. BlackRock’s ETHA led the gains with $76.05

US Spot-Bitcoin ETFs Draw $238.37 Million, Extending Inflow Streak to Five Trading Days

US spot-Bitcoin exchange-traded funds extended their run of net inflows, underscoring continued institutional demand. US spot-Bitcoin ETFs recorded net inflows of $238.37 million on April 20, according to Trader T. That marked a fifth straight tradin

Vance to Travel to Pakistan for Iran Talks Ahead of Ceasefire Deadline

The US is preparing a last-minute diplomatic push to end the war with Iran. Axios reported on April 20, citing US sources, that Vice President JD Vance is expected to depart for Islamabad, Pakistan, to discuss a deal to end the war. Vance would join

Busan Digital Asset Exchange’s Bdan Posts $2.9 Million First-Quarter Operating Profit, Up 100-Fold From Year Earlier

Busan Digital Asset Exchange said April 21 that Bdan, its real-world asset trading platform, posted sharp growth in the first quarter. Its subsidiary Bdan Gold recorded first-quarter transaction volume of 363.3 billion won ($252.3 million), revenue o

US Spot-Bitcoin ETFs Top $1 Billion in Year-to-Date Net Inflows, Eye Record Cumulative Total

U.S. spot-Bitcoin exchange-traded funds have swung back to net inflows this year, signaling a recovery in investor demand. As of April 20, U.S. spot-Bitcoin ETFs had attracted more than $1 billion in net inflows on a year-to-date basis, Bloomberg ETF

Wemade, BDACS Sign MOU to Develop Standard Model for Stablecoin Payments

Wemade said April 21 that it signed a memorandum of understanding with digital-asset custody firm BDACS Co. to jointly develop a stablecoin payment model and pursue broader business cooperation. The agreement is aimed at combining Wemade’s stablecoin

Chiliz Sells Out 50,000 Persija Jakarta Fan Tokens Within an Hour

Blockchain-based sports platform Chiliz said on April 21 that 50,000 fan tokens for Indonesian professional soccer club Persija Jakarta sold out within an hour of launch. The company said the tokens were quickly bought up after sales opened, highligh

Bitcoin Stuck in Range as Exchange Inflows Surge, Raising Risk of Renewed Selling

Bitcoin has traded in a tight range for about three months, but rising deposits to major exchanges may be signaling a fresh buildup in selling pressure, according to an analysis. CryptoQuant contributor Darkfost wrote on April 20 that on-chain data s

US March Retail Sales, Sui Connect in Hong Kong: April 21 Economic and Crypto Calendar

Key Economic Events Today ▶ April 21 (Tuesday): U.S. March retail sales (9:30 p.m. Korea Standard Time; 7:30 a.m. U.S. time) Key Cryptocurrency Events Today ▶ April 21 (Tuesday): Sui Connect in Hong Kong

US Senate’s CLARITY Act Faces April Delay, With Markup Potentially Slipping to May

The Senate’s timetable for the CLARITY Act, a bill to establish a market structure for digital assets in the US, may be slipping. Punchbowl News senior reporter Brendan Pedersen reported on April 21 that Republican Senator Thom Tillis asked Senator T

Bybit Leads $8 Million Investment in Malaysia’s Hata to Accelerate Southeast Asia Expansion

Global cryptocurrency exchange Bybit is stepping up its Southeast Asia expansion with an investment in Malaysian digital-asset exchange Hata. Bybit led Hata’s Series A funding round with an $8 million investment, Cointelegraph reported on April 20. G

Tether Takes 8.2% Stake in Antalpha, Expanding Reach in Bitcoin Mining Finance

Tether has acquired a stake in Bitcoin mining finance firm Antalpha, extending its influence in the sector. A filing with the US Securities and Exchange Commission on April 21 showed Tether bought an 8.2% stake in Antalpha, making it a major sharehol

SEC Turns Softer on Crypto Regulation in Atkins’s First Year

The U.S. Securities and Exchange Commission has shifted toward a looser approach to cryptocurrency regulation and enforcement since the Trump administration took office, Cointelegraph reported on April 20. In the year since Paul Atkins became SEC cha

DeFi Loses More Than $600 Million to Hacks in Three Weeks as TVL Hits 1-Year Low

A string of security breaches is weighing on the decentralized finance, or DeFi, market, dragging down both total value locked and investor sentiment. The Block reported on April 20 that cumulative losses across the DeFi market have exceeded $600 mil

LayerZero Says $290 Million KelpDAO Hack Is Suspected Lazarus Attack

LayerZero said a hack that drained about $290 million from KelpDAO is preliminarily believed to be linked to North Korea’s Lazarus Group. In a post on X on April 20, LayerZero said KelpDAO suffered an exploit that resulted in the loss of about $290 m

Bitcoin Erases Weekend Gains, Drops to $74,000 as US-Iran Tensions Escalate

Bitcoin erased its weekend gains and fell to the $74,000 level as military tensions between the US and Iran intensified. As of April 20, according to CoinMarketCap, Bitcoin traded at $74,478.10, down 1.39% from a day earlier. It had earlier climbed t

KelpDAO Hack Fallout Spreads to Solana as Kamino USDC Liquidity Dries Up

Capital outflows from decentralized finance triggered by the KelpDAO hack are spreading beyond Ethereum-based networks into the Solana ecosystem. Wu Blockchain reported on April 20 that Solana lending protocol Kamino is showing signs of a liquidity s