Suehyeon Lee

Polymarket Seeks Funding at $15 Billion Valuation, The Information Reports

Decentralized prediction-market platform Polymarket is seeking a major funding round, according to a media report. The company is discussing a capital raise at a valuation of about $15 billion, The Information reported on April 19, citing multiple so

Aave TVL Drops $8 Billion After Kelp DAO Hack Triggers DeFi Liquidity Crunch

Liquidity risks across decentralized finance came into focus after total value locked, or TVL, on lending protocol Aave plunged in the wake of the Kelp DAO hack. Cointelegraph reported on April 20 that Aave’s TVL fell to about $18.6 billion from roug

U.S. Spot Bitcoin, Ether ETFs Post Biggest Weekly Inflows Since Mid-January

U.S. spot Bitcoin and Ether exchange-traded funds both posted large weekly net inflows. SoSoValue data released April 19 showed U.S. spot Bitcoin ETFs recorded net inflows of $996.38 million during the April 13-17 period, the largest weekly intake si

Kelp Hack Drains $293 Million, Sparks Warning on DeFi Contagion Risk

The hack of decentralized finance protocol Kelp has renewed concerns that interconnections among protocols can amplify risk across the broader market. Cointelegraph reported on April 19 that Kelp suffered a cyberattack that drained about $293 million

Story, Poseidon CEO Lee Seung-yoon Named WEF Young Global Leader for 2026

Lee Seung-yoon, co-founder and chief executive of intellectual property blockchain platform Story and AI data infrastructure company Poseidon, has been named to the World Economic Forum's 2026 Young Global Leaders list, Story said on April 20. The Wo

LayerZero to Unlock 2.4% of ZRO Token Supply on April 20

Economic Calendar ▶︎April 20 (Mon.): No major events scheduled Cryptocurrency Calendar ▶︎April 20 (Mon.): LayerZero (ZRO) will unlock 2.4% of its total token supply

Tiger Research Says Mawari Is Closing XR Infrastructure Gap

Mawari, an extended reality, or XR, infrastructure platform, is addressing structural constraints in the market with real-time 3D streaming technology and a distributed graphics processing unit, or GPU, network, Tiger Research said. In a report relea

Bitcoin Touches $75,000 on Ceasefire Hopes; Ethereum Accumulation Builds, XRP Rebounds

<Lee Su-hyun's Coin Radar> is a weekly column tracking the cryptocurrency market and explaining the forces behind it. It goes beyond listing price moves to analyze global macro issues and investor behavior, offering insight into where the market may

Tiger Research Says Citrea Uses Bitcoin Security Directly for Layer 2, Draws Founders Fund Backing

Bitcoin layer-2 project Citrea has a competitive edge over existing L2 networks because of its technical architecture, according to Tiger Research. The market research firm said May 16 that Citrea uses zero-knowledge proofs, or ZK, and BitVM to creat

Bitcoin Falls Below $74,000 as Major Altcoins Decline

Bitcoin edged lower, slipping below the $74,000 level. As of 2:42 p.m. Korea Standard Time on May 15, Bitcoin was trading at $73,967.28, down 0.48% from a day earlier, according to CoinMarketCap. On Upbit's won market, it was trading at 109.605 milli

XRP Rebounds on Rakuten Payment-App Hopes, but Trend Reversal Is Not Yet Confirmed

XRP is rebounding on expectations it could be added to Japanese e-commerce company Rakuten's payments ecosystem, but analysts say more confirmation is needed before calling it a full trend reversal. CoinDesk reported on Aug. 15 that investor sentimen

Bitcoin Holds Near $74,000 as Global Risk Appetite Improves

Bitcoin held near the $74,000 level as risk appetite improved across global financial markets. CoinDesk reported on June 15 that Bitcoin was trading around $74,000, maintaining a firm tone. Global equities have also recovered to pre-conflict levels a

Iran May Have to Cut Oil Output Within Two Weeks if US Blockade Takes Hold

Satellite data cited by the Financial Times on June 15 showed Iran's crude storage facilities were already about 51% full. If exports of roughly 1.8 million barrels a day are blocked, storage capacity would be reached in about 16 days. That means Ira

US Spot Ethereum ETFs See $53 Million of Net Inflows, Extending Streak to Four Days

US spot Ethereum exchange-traded funds continued to attract net inflows. US spot Ethereum ETFs recorded combined net inflows of $53.03 million on June 14, according to Trader T. That marked a fourth consecutive trading day of net inflows. Fidelity's

US Spot Bitcoin ETFs Log $411.49 Million of Net Inflows in One Day, Led by BlackRock and Ark

US spot Bitcoin exchange-traded funds recorded a large net inflow of funds. Trader T data showed US spot Bitcoin ETFs posted combined net inflows of $411.49 million on March 14. By product, BlackRock's IBIT led with $213.82 million of inflows, follow

21Shares Files Amended SEC Application for Hyperliquid ETF, Ticker Set as THYP

21Shares has taken another step toward launching an exchange-traded fund tied to Hyperliquid's HYPE token. Bloomberg ETF analyst James Seyffart said on July 14 that 21Shares had filed amended paperwork with the US Securities and Exchange Commission f

BOK Nominee Says Won Stablecoin Need Not Be Bank-Led, KYC Capacity Should Guide Choice

Shin Hyun-song, the nominee for Bank of Korea governor, said a won-denominated stablecoin does not have to be led by banks and that its operator should be chosen based on know-your-customer, or KYC, capabilities. Testifying at a parliamentary confirm

Global AI, Web3 Builders to Gather in Seoul for BUIDL Asia 2026 on April 16-17

Crypto Planet said on April 15 that it will hold BUIDL Asia 2026 in Seoul on April 16-17, bringing together global blockchain and artificial intelligence developers. Now in its sixth year, BUIDL Asia is the main event of Korea BUIDL Week and is regar

BOK Governor Nominee Says Won Stablecoins Can Coexist With CBDC

Shin Hyun-song, nominee for Bank of Korea governor, said a won-denominated stablecoin could coexist with a digital-currency system centered on a central bank digital currency, or CBDC. In opening remarks at a National Assembly confirmation hearing on

Story Unveils Confidential Data Rails Testnet for Secure Data Use, Monetization

Story, an AI-focused intellectual property blockchain infrastructure project, said April 15 that it had launched the testnet for its Confidential Data Rails, or CDR, aimed at enabling the secure use of sensitive data. As competition in artificial int

Ripple, Kyobo Life Start Tokenized Treasury Pilot to Test Real-Time Settlement

Ripple and Kyobo Life Insurance have launched a joint project to test a blockchain-based structure for trading government bonds. The two companies met at Kyobo Life’s headquarters in Seoul’s Gwanghwamun district on April 15 to discuss cooperation on

South Korea’s Digital Finance Ambitions Hinge on ‘Unlearning,’ Not Technology, Hashed Report Says

South Korea’s financial industry will strengthen its competitiveness not through faster technology adoption, but through a shift in mindset, according to a new analysis. Hashed Open Research, or HOR, the think tank of blockchain investment firm Hashe

Today’s Key Economic and Crypto Events: US Oil Inventories

Today’s Key Economic Events ▶ April 15: U.S. March import and export prices (8:30 a.m. ET / 9:30 p.m. Korea time), New York Fed Empire State Manufacturing Index for April (8:30 a.m. ET / 9:30 p.m. Korea time), U.S. crude oil inventories (10:30 a.m. E

X Launches Cashtags Feature With Real-Time Stock, Crypto Data

Social media platform X is expanding its financial and digital-asset information tools. Nikita Bier, X's head of product, announced on June 14 that the company had launched its Cashtags feature for iOS users in the US and Canada. Cashtags automatical

Ethereum Signals Reaccumulation as Exchange Supply Shrinks, CryptoQuant Says

Ethereum has entered an important turning point in its on-chain structure, according to CryptoQuant contributor CryptoZeno. On April 14, CryptoZeno wrote that Ethereum has remained range-bound near $2,000 even as the realized market capitalization of

Fed Chair Nominee Kevin Warsh Discloses Crypto Investments Ahead of Senate Hearing

Kevin Warsh, President Donald Trump’s nominee to lead the Federal Reserve, disclosed assets including investments tied to cryptocurrencies. Reuters, citing Cointelegraph on April 14, reported that Warsh said in a financial disclosure filed with the U

Vance Says US-Iran Talks Are Underway Despite Deep Distrust; Ceasefire Holds

Vice President JD Vance said the US and Iran are engaged in negotiations. Walter Bloomberg reported on April 14 that Vance said both sides are currently in talks and that Iran’s negotiating team also wants an agreement. Vance said substantial distrus

Tether Launches Self-Custody Wallet Supporting USDT and Bitcoin

Tether has launched a non-custodial, or self-custody, wallet aimed at retail users. Cointelegraph reported on Aug. 14 that Tether unveiled its mobile wallet, Tether Wallet. The wallet supports Tether-issued assets including USDT, the gold-backed toke

Goldman Sachs Seeks to Launch Bitcoin Premium Income ETF

Goldman Sachs is seeking to launch an income-generating exchange-traded fund tied to Bitcoin. A preliminary prospectus filed with the US Securities and Exchange Commission on Aug. 14 shows the bank applied to list the Bitcoin Premium Income ETF. Inst

US Bank Lobby Says Stablecoin Interest Could Spur Deposit Outflows

US banks are raising concerns about the effect that allowing interest payments on stablecoins could have on the financial system. Cointelegraph reported on April 14 that the American Bankers Association identified deposit flight from banks as the mai