Suehyeon Lee

Bitmine Linked to Another 100,000 ETH Transfer Worth About $233.7 Million

Signs have emerged that Bitmine, which has been accumulating Ethereum on a large scale, may have made another purchase. Lookonchain said on April 23 that three new wallet addresses believed to be tied to Bitmine recently received about 100,000 ETH, w

Toss, Korea Mint Partner on Blockchain-Based Payment Infrastructure

Toss has partnered with Korea Minting and Security Printing Corp. to build blockchain-based payment infrastructure. Toss said on April 23 that it signed a strategic memorandum of understanding with Korea Minting and Security Printing Corp. to improve

US Spot Ether ETFs Take In $96.43 Million, Marking 10th Straight Day of Inflows

US spot Ether exchange-traded funds continued to attract fresh money. The funds recorded combined net inflows of $96.43 million on April 22, according to Trader T. The tally extended the streak of net inflows to 10 consecutive trading days. BlackRock

US Spot-Bitcoin ETFs Draw $331.9 Million, Extending Inflow Streak to Seven Days

U.S. spot-Bitcoin exchange-traded funds recorded another day of sizable inflows. According to Trader T, U.S. spot-Bitcoin ETFs posted combined net inflows of $331.9 million on April 22, marking a seventh straight trading day of net inflows. The inflo

New York, Illinois Bar Public Officials From Prediction Markets on Insider-Trading Concerns

New York and Illinois have barred public officials from participating in prediction markets as scrutiny intensifies over potential insider trading. Cointelegraph reported on April 22 that New York Governor Kathy Hochul signed an executive order banni

CHIP Jumps 132% as Whale Short Positions Suffer Heavy Losses

USDAI (CHIP) has surged after listing on major cryptocurrency exchanges in South Korea and overseas, triggering a string of large losses for whale investors. On-chain data platform OnchainLens said on April 22 that one whale wallet, 0x5C2, built a 3x

KelpDAO Hacker Converts Most of 75,700 ETH Into Bitcoin

Funds stolen in the KelpDAO hack were converted into Bitcoin (BTC) within a short period, driving a surge in trading volume on decentralized liquidity protocol THORChain. EmberCN reported on April 22 that the KelpDAO hacker swapped most of 75,700 ETH

Bitcoin Reclaims $78,000 as $80,000 Resistance, Profit-Taking Test Rebound

Bitcoin has rebounded above key average price levels, though near-term resistance and profit-taking pressure are emerging at the same time, Glassnode said. The on-chain analytics firm said on April 22 that Bitcoin’s True Market Mean — the average cos

RedStone Named KAIA’s Primary Oracle Provider, Expanding Stablecoin and RWA Infrastructure in Asia

Global oracle infrastructure company RedStone said April 23 that it had been selected as the official primary oracle provider for KAIA, a Web3 ecosystem focused on Asia. Under the partnership, RedStone will provide the data infrastructure for stablec

Digital-Asset Investment Products Draw $1.4 Billion, Signaling Rebound in Risk Appetite

Heavy inflows into digital-asset investment products suggest risk appetite is rebounding quickly. The Kobeissi Letter said on April 22 that digital-asset investment products recorded $1.4 billion in net inflows last week, the largest weekly total sin

[Today’s Key Economic and Crypto Events] U.S. Initial Jobless Claims, South Korea First-Quarter GDP Due April 23

<Today’s Key Economic Events> ▶︎ April 23 (Thursday): △ South Korea first-quarter GDP (8 a.m. Korea time, 6 p.m. U.S. time) △ U.S. initial jobless claims (9:30 p.m. Korea time, 7:30 a.m. U.S. time) △ U.S. April services and manufacturing purchasing m

US Senator Says CLARITY Act Could Pass by End of May, Calls Bank Pushback Overblown

The CLARITY Act, a US digital-asset market structure bill, could pass by the end of May, according to comments from Senator Bernie Moreno. Eleanor Terrett, host of Crypto In America, said on April 22 that the Republican senator told an event in Washi

US CLARITY Act Talks Advance on Stablecoin Rewards, but Key Disputes Persist

Negotiations over stablecoin rewards, a key sticking point in the US Congress's proposed crypto market structure legislation known as the CLARITY Act, are making progress. The Block reported on April 22 that key lawmakers involved in the talks, inclu

Bitcoin Rally Driven by Perpetual Futures Demand, Raising Correction Risk

Bitcoin's recent rally has been driven by the derivatives market rather than spot demand, signaling a risk of a pullback ahead, according to an analysis. Julio Moreno, CryptoQuant's head of research, wrote on X on April 22 that Bitcoin's latest price

US Military Running Bitcoin Nodes to Bolster National Security, Congressman Says

The U.S. military is using the Bitcoin network to strengthen national security capabilities, according to a claim cited by Bitcoin Magazine. Bitcoin Magazine reported on April 22 that Rep. Lance Gooden, a Republican lawmaker, said the U.S. military i

SBF Withdraws New-Trial Bid While Keeping Appeal Alive

FTX founder Sam Bankman-Fried has withdrawn his request for a new criminal trial while continuing to appeal his conviction and sentence. A filing in the U.S. District Court for the Southern District of New York, cited by Cointelegraph on April 22, sa

Tesla Q1 Revenue Rises 16%, Digital Asset Value Falls on Bitcoin Markdowns

Tesla reported higher first-quarter revenue, but the carrying value of its digital assets fell as lower Bitcoin prices triggered a markdown. WuBlockchain reported on April 22 that Tesla posted first-quarter revenue of $22.387 billion, up 16% from a y

Eric Trump Calls Justin Sun’s WLFI Lawsuit More Absurd Than $6.2 Million Banana Purchase

Eric Trump, the second son of President Donald Trump, publicly criticized Justin Sun, the founder of Tron (TRX), over his lawsuit against a Trump family-linked crypto project. Watcher.Guru reported on April 22 that Eric Trump called Sun’s lawsuit “as

Iran Says It’s Ready for Immediate Talks if US Lifts Naval Blockade

Iran said it is ready to begin talks immediately if the US lifts its naval blockade. Tasnim News Agency reported on April 22 that Amir Saeid Iravani, Iran’s ambassador to the United Nations, said Tehran was prepared to enter negotiations at once if W

Bitcoin Reclaims $78,000 as Buying Interest Sustains Rally

Bitcoin extended its advance and climbed back above $78,000. As of 2:23 p.m. on April 22, Bitcoin was trading at $78,068.63 on Binance's USDT market, up 2.82% from a day earlier. On Upbit's won market, it gained 1.97% to 115.3 million won. Major altc

Coinbase Says Quantum Threat to Blockchains Requires Planning, With Algorand and Aptos Better Prepared

As advances in quantum computing raise long-term concerns about blockchain security, Algorand and Aptos are relatively well prepared for the transition, according to a report by a Coinbase advisory board. Cointelegraph reported on April 22 that Coinb

FTX Sold Cursor Developer Stake for $200,000; It May Now Be Worth Billions

FTX, the bankrupt cryptocurrency exchange, sold a stake in an artificial intelligence startup it had previously backed for roughly its original investment. Wu Blockchain reported on April 22 that Alameda Research, an FTX affiliate, participated in th

$15.1 Billion Leaves Aave After KelpDAO Hack Spurs DeFi Fund Shift

A broad reallocation of capital is underway across decentralized finance after lending protocol Aave recorded heavy withdrawals. AmberCN reported on April 22 that about $15.1 billion was withdrawn from Aave over the past three and a half days. Total

Justin Sun Sues World Liberty Financial Over WLFI Token Freeze

Justin Sun, founder of Tron (TRX), said he has sued World Liberty Financial, alleging the project infringed on his rights as a token holder. In a post on X on April 21, Sun said he filed the lawsuit in federal court in California to protect his right

US Spot Ether ETFs Draw $43.36 Million for Ninth Straight Day of Inflows

US spot Ether exchange-traded funds recorded net inflows for a ninth straight trading day. Trader T data showed the funds took in a combined $43.36 million on April 21. BlackRock’s ETHA led the inflows with $37 million. BlackRock’s staking ETF ETHB a

Oil Falls Slightly After US-Iran Ceasefire Extension as Tensions Persist

International oil prices edged lower even after the United States extended its ceasefire with Iran, as the underlying conflict remained unresolved. CNBC reported on April 21 that President Donald Trump extended a temporary ceasefire with Iran. Oil pr

Bitcoin Reclaims $77,000 as Ether, XRP Also Rise

Bitcoin posted a modest rebound, climbing back above the $77,000 level. As of 11:20 a.m. on April 22, Bitcoin was trading at $77,068.17 on Binance's USDT market, up 1.76% from a day earlier. On Upbit's Korean won market, it was trading at 113.956 mil

US Spot-Bitcoin ETFs Log $11.83 Million of Inflows, Extending Streak to Six Sessions

US spot-Bitcoin exchange-traded funds posted a modest net inflow, extending their streak of gains to six straight trading sessions. Trader T data showed US spot-Bitcoin ETFs recorded net inflows of $11.83 million on April 21. That marked the sixth co

Kaia’s KIP Launches Tokenized Private Credit Fund Yield8 to Tap Asia RWA Market

Kaia Investment Partners, or KIP, the investment arm of the Kaia DLT Foundation, said April 22 that it launched Yield8, a tokenized private credit fund. KIP is the foundation’s investment and incubation unit and operates under the Monetary Authority

Story, Bithumb Launch IP Token Staking Event With $139,000 in Rewards Through April 27

Story, an artificial intelligence-based intellectual property blockchain infrastructure project, said April 22 that it has partnered with Bithumb to launch a staking product for its IP token and will run a promotional event through April 27. The even