Uk Jin

PPP’s Bae Jun-young Urges Democratic Party to Decide on Crypto Tax Delay

South Korea’s ruling People Power Party urged the main opposition Democratic Party to quickly decide whether to delay taxation on virtual assets, or cryptocurrencies, which is scheduled to take effect in January. Bae Jun-young, a People Power Party l

Crypto Industry Tightens Security After $6.3 Billion Binance Hack

Global digital-asset exchanges are moving to strengthen security after a $6.3 billion hack at Binance. Reuters reported on Oct. 31 that Coinbase made some adjustments to its system for storing digital-asset private keys offline as a preventive measur

Next Technology Holding Weighs Sale of 5,833 Bitcoin on Binance Hack Concerns

Next Technology Holding, a US company listed on Nasdaq, is weighing the sale of about 5,833 Bitcoin. Concerns over the Binance hack and security risks tied to quantum computing are among the main reasons. CoinDesk reported on October 31 that the boar

Iran Claims US Attacked Two Fishing Boats in Strait of Hormuz

Iran has claimed that the US attacked two Iranian fishing boats near the Strait of Hormuz, though the alleged attack has not been independently confirmed. Iran's state broadcaster IRIB, citing an official in Hormozgan province, reported on October 31

ICE Revises TradeXYZ Partnership Announcement to Add Regulatory Approval Caveat

Intercontinental Exchange Inc., the parent of the New York Stock Exchange, revised the wording of its partnership announcement with TradeXYZ. ICE reposted the announcement with TradeXYZ, adding the phrases "plan to bring" and "subject to regulatory a

Binance Seeks Re-Entry to Malaysia, Holds License Talks With Regulators

Binance, the global digital-asset exchange, is seeking to re-enter the Malaysian market after about five years. Bloomberg reported on Oct. 31 that Binance has spent the past 10 months in talks with the Securities Commission Malaysia and Bank Negara M

Bitwise CIO Says Bitcoin to Recover Within a Week After Binance’s $6.3 Billion Hack

Bitcoin is set to recover quickly despite a $6.3 billion hack at Binance, the world’s largest digital-asset exchange. Bitcoin.com reported on Oct. 31 that Matt Hougan, chief investment officer at Bitwise, said the hack had not changed Bitcoin’s long-

US Bitcoin Demand Fails to Recover as Coinbase Premium Stays Negative for 38 Straight Days

Buying interest in Bitcoin in the US market has yet to recover. The Coinbase Bitcoin Premium Index stood at -0.2434% on October 31, according to Odaily. The gauge has remained in negative territory for 38 consecutive days. The Coinbase Premium Index

Bitcoin Short-Term Holders Cut Losses as 36,600 BTC Hit Exchanges in 24 Hours

Bitcoin fell to as low as $76,000, triggering heavier stop-loss selling by short-term holders. Darkfost, an analyst at CryptoQuant, wrote on X, formerly Twitter, on October 31 that selling pressure from short-term holders, or STHs, surged after Bitco

Chainalysis Says Cyberattack Exposed Some Customer Data

Global blockchain analytics firm Chainalysis said it suffered a cyberattack that exposed some customer information. Wu Blockchain reported on October 31 that Chainalysis said an external hacker used an attack method involving an artificial intelligen

[Analysis] Bitcoin Support Seen at $76,000; Break Could Send It to $67,000

Bitcoin tumbled in the aftermath of the Binance hack, making the $76,000 support level a key determinant of its next move. If that level gives way, the cryptocurrency could extend its decline into the $60,000 range. Digital-asset trader Doctor Profit

1.223 Million Solana Deposited to Coinbase Prime, Worth About $117 Million

A total of 1.223 million Solana (SOL) was deposited into Coinbase Prime. On Oct. 31, on-chain analyst EmberCN wrote on X, formerly Twitter, that 1.223 million Solana had flowed into Coinbase Prime through the same deposit address about two hours earl

Israel Extradites Suspect in $2.8 Million Nomad Bridge Crypto Theft to US

A suspect accused of stealing large amounts of digital assets has been extradited from Israel to the US. Bitcoin.com reported on October 31 that Israeli authorities extradited Alexander Block, a suspect in a digital-asset hack, to the US on October 2

NYSE Parent ICE Deletes X Post on Hyperliquid-Based Perpetual Futures Plan

Intercontinental Exchange Inc., the parent of the New York Stock Exchange, has deleted a social media post about its planned entry into the Hyperliquid-based perpetual futures market a day after announcing the move. Odaily reported on October 31 that

Ethereum Block Builder Titan Builder Posts $22.83 Million in 24-Hour Revenue, Overtakes Tether

"Binance Hack Fueled Rise in Arbitrage" Titan Builder, an Ethereum block builder, saw its revenue surge. Wu Blockchain reported on October 31, citing DeFiLlama data, that Titan Builder generated about $22.83 million in revenue over 24 hours, briefly

Zhao Says Mention of SpaceX Stake Was Not Meant to Pressure Musk

Binance co-founder Changpeng Zhao said his mention of holding a stake in SpaceX was not intended to pressure Tesla Chief Executive Officer Elon Musk. On October 31, Zhao wrote on X, formerly Twitter, that he had never said he would sell his SpaceX st

Binance CEO Says Full Proof-of-Reserves Report Due Nov. 2, Pledges Full Compensation for Hack Losses

Binance plans to release a proof-of-reserves, or PoR, report, and aims to resume withdrawals suspended after a hack by Sunday. Richard Teng, Binance's chief executive officer, said in a statement on the hacking incident released on Oct. 30 that the c

Mirae Asset Global Investments Raises Strategy Stake 24% From Prior Quarter to 168,634 Shares

Mirae Asset Global Investments increased its holdings in Strategy (MSTR), the world’s largest corporate Bitcoin treasury company, by about 24% from the previous quarter. In a third-quarter 13F filing submitted to the US Securities and Exchange Commis

Binance Hack Sends US-Listed Crypto Stocks Sharply Lower Intraday

US-listed cryptocurrency-related stocks slumped in intraday trading after a major hack at global crypto exchange Binance rattled investor sentiment. As of 10 a.m. on October 30, Coinbase was trading at $142.36 on the Nasdaq, down 11.35% from the prev

Intel Plunges 29% Intraday as Tech Selloff Deepens

Intel shares plunged nearly 29% in intraday trading, as mounting concerns over the cost of artificial intelligence investment fueled a broader selloff in technology stocks. As of 10 a.m. on October 30, Intel was trading at $65.58 on the Nasdaq, down

AnchorPoint to Launch Hong Kong Dollar Stablecoin HKDAP on Solana

Hong Kong dollar stablecoin HKDAP is set to launch on layer-1 blockchain Solana. Solana said on its official X account on October 30 that AnchorPoint will introduce HKDAP on the network. The partnership marks HKDAP’s first collaboration with a public

Bitcoin Falls Below $77,000

Binance Hack May Signal Bitcoin Bottom, Trader Killa Says, Echoing FTX Collapse

The Binance hack could signal a bottom in Bitcoin prices, according to a market view from a prominent digital-asset trader. On October 30, Killa wrote on X, formerly Twitter, that the Binance hack could play the same role as the FTX collapse, which m

Keystone to Scrap 18,835 Wallets Over Suspected Authentication Key Theft

Keystone, a maker of digital-asset hardware wallets, will scrap a large batch of devices after suspecting their authentication keys were stolen. Keystone decided to dispose of 18,835 hardware wallets, digital-asset outlet Bitcoin News reported on Oct

BNB Chain Says Binance Security Incident Did Not Affect Network Operations

BNB Chain said a security incident at Binance did not affect its blockchain network or user assets. In a post on its official X account on October 30, BNB Chain said BNB Smart Chain (BSC), opBNB, BNB Greenfield and the BNB Chain Bridge were not affec

Trump Says Iran War Will End Soon, Vows Not to Allow Nuclear Weapons

President Donald Trump said the war with Iran will end soon. Xinhua News Agency reported on October 30 that Trump made the remarks in an interview with KCMO radio, saying the war between the United States and Iran would be over soon. He also reaffirm

Zcash Grants Group Proposes Redirecting $124 Million in Funding to Mining Rewards; Industry Criticizes Plan

Zcash Community Grants, or ZCG, a support organization for the Zcash ecosystem, has proposed redirecting about $124 million in grant funding into mining rewards. The plan has drawn criticism from industry figures over how the grants are allocated and

MiL.k Partners to Hold CU Store Visit Event in November

MiL.k Partners, the operator of blockchain-based points integration platform MiL.k, said on Oct. 30 it will run a CU store visit event for users of its mission-based rewards service Milk Step from Nov. 1 through Nov. 30. To take part, users must visi

Binance Hacker Overtakes Coinbase in Bitcoin Holdings With 18,270 BTC

A hacker behind the attack on Binance, the world's largest digital-asset exchange, now holds more Bitcoin than most companies. Cointelegraph reported on October 30 that blockchain analytics firm Bitquery said wallets linked to the Binance hack hold 1

Binance Secures $6.34 Billion for Recovery Within 14 Hours of Hack

Binance, the world’s largest digital-asset exchange, has begun full-scale efforts to recover from a hack, securing $6.34 billion in recovery funds about 14 hours after the attack. On Oct. 30, Binance said on its official X account, formerly Twitter,