Uk Jin

Dunamu Concludes UIS 2026 in Seoul, Drawing White House and Treasury Officials

Dunamu, the operator of digital-asset exchange Upbit, said on Sept. 30 that it had concluded Upbit Institutional Summit 2026, or UIS 2026, held on Sept. 29 at Grand Walkerhill Seoul in Gwangjin District, Seoul. Attendees included Patrick Witt, execut

[Today’s Key Economic and Crypto Events] US August PCE Inflation Data, September ADP Jobs Report on Tap

<Today’s Key Economic Events> ▶ Sept. 30 (Wed.): △U.S. September ADP private employment report (10:15 p.m. Korea Standard Time) △U.S. August personal consumption expenditures (PCE) price index (10:30 p.m. Korea Standard Time) △final U.S. second-quart

Crypto Fear & Greed Index Falls to 71, Remains in Greed Territory

The cryptocurrency Fear & Greed Index stood at 71 on September 30, down 2 points from a day earlier, according to crypto data provider Alternative. As of 9 a.m., Bitcoin (BTC) was trading at $83,680 on CoinMarketCap, up 0.21% from the previous day. A

Robinhood Unveils 'Robinhood Agent' for AI-Driven Stock, Crypto Trading

Robinhood Markets Inc., the U.S. online brokerage, is introducing a service that allows artificial intelligence to trade stocks and digital assets on behalf of investors. CoinDesk reported on September 30 that Robinhood unveiled "Robinhood Agent" at

Hut 8 Secures $1.07 Billion Credit Facility to Expand AI Data Center Investment

Bitcoin miner Hut 8 has secured more than $1 billion in financing capacity to expand its artificial intelligence data center business. CryptoSlate reported on September 29 that Hut 8 recently entered into a $1.07 billion credit facility agreement wit

XRP Scarcity Index on Binance Falls to 20-Month Low as Tradable Supply Rises

An increase in the amount of XRP available for trading on global cryptocurrency exchange Binance could add to selling pressure in the coming months, according to an analysis. BeInCrypto reported on September 30, citing CryptoQuant data, that Binance’

Kraken Says Hedera Deposits, Withdrawals Delayed as It Investigates Issue

Global cryptocurrency exchange Kraken said deposits and withdrawals of Hedera (HBAR) are being delayed. On September 30, Kraken said on its official website that it is investigating an issue with the Hedera funding gateway and that deposits and withd

Peter Brandt Says Bitcoin Could Rise to $300,000-$600,000 by 2029

Veteran trader Peter Brandt said Bitcoin could climb as high as $600,000 by 2029. TheStreet reported on Sept. 30 that Brandt said in a recent interview Bitcoin has likely already bottomed and entered a new bull-market cycle. He projected the cryptocu

Trump Weighs DNI Jay Clayton, Ripple Foe, for AI Czar Role

Donald Trump is considering Director of National Intelligence Jay Clayton for the role of so-called AI czar, who would oversee U.S. artificial intelligence policy, Axios reported. Axios reported on September 29 that Trump, when asked whom he was cons

South Korean Finance Firms, Held Back by Regulation at Home, Test Tokenization Overseas to Avoid Falling Behind

Major South Korean financial firms are stepping up efforts to break into on-chain finance with Ondo Finance, a global real-world asset tokenization platform. With related rules still slow to take shape at home, however, they are moving to test the bu

Kakao Pay Securities, Ondo Finance to Expand Global On-Chain Distribution of Korean Stocks

Kakao Pay Securities is partnering with Ondo Finance, a global real-world asset tokenization platform, to pursue the global on-chain distribution of Korean stocks. Chung Inyoung, a vice president at Kakao Pay Securities, said at the "Burning With Ond

Aptos Expands Use Cases Into Real Economy, From Commerce to RWAs

Aptos (APT) is expanding beyond financial assets into the real economy, with use cases spreading across commerce, payments and real-world assets, or RWAs. The Aptos blockchain is increasingly being used not only for consumer-facing services such as t

Kraken Parent Payward Bets Billions on Full-Service Financial Infrastructure Push

Payward, the parent of global digital-asset exchange Kraken, is investing billions of dollars as it seeks to transform itself into a full-service financial infrastructure company. CoinDesk reported on September 26 that Payward co-Chief Executive Offi

Bitget Hacker Moves $83 Million in Stolen XRP; Ripple Can’t Freeze It

A hacker who stole about $83 million worth of XRP from global digital-asset exchange Bitget has moved the tokens to other wallets. Ripple also cannot freeze the holdings, CoinDesk reported. CoinDesk reported on Sept. 26 that the Bitget hacker moved a

Binance-Circle Partnership Expansion Seen Pressuring Tether

Circle’s deepening partnership with Binance could pressure Tether’s USDT, the leading stablecoin in the global market, CoinDesk reported on September 26. Martins Benkitis, co-founder and chief executive of Gravity Team, told CoinDesk the Binance-Circ

Fed Unveils Two Stablecoin Rule Proposals, Seeks Comment Ahead of GENIUS Act

The Federal Reserve has moved to draw up follow-on rules to implement the GENIUS Act, the U.S. stablecoin law. On September 26, the Fed said it had released two proposed rules to build a regulatory framework for payment stablecoin issuers under the G

Binance Founder Zhao Says He Doesn't View Hyperliquid Negatively, Welcomes Competition With DEXs

Changpeng Zhao, founder of Binance, the world's largest centralized crypto exchange, commented on Hyperliquid, the decentralized exchange that has recently drawn intense industry attention. While he sees it as a competitor, he said he does not view i

Bitget CEO Urges THORChain to Refuse Service in Hacker Laundering Attempt

Digital-asset exchange Bitget, which was recently hit by a major hack, has called on THORChain not to facilitate the attacker’s movement of funds. On Sept. 26, Chief Executive Officer Gracy Chen wrote on X, formerly Twitter, that the attacker’s addre

Ripple to Unlock Up to 1 Billion XRP From Escrow on Oct. 1

Ripple is scheduled to unlock up to 1 billion XRP from escrow on Oct. 1, a release worth about $1.54 billion at current prices. Finbold reported on Sept. 26 that Ripple plans to release as many as 1 billion XRP held in escrow accounts on Oct. 1. A to

Fidelity Says Bitcoin Has Entered New Bull Market, Sees $300,000 by 2029

Fidelity said Bitcoin has entered a new cyclical bull market after holding the $60,000 level, and projected a long-term rise to $300,000. On September 26, Jurrien Timmer, Fidelity's director of global macro, presented Bitcoin's "Power Law" model, say

Iran Says It No Longer Trusts Talks With U.S., but Will Keep Discussing Hormuz

[Analysis] Bitcoin Unrealized Profit Margin Hits 20-Month High, Raising Correction Risk

Bitcoin's recent rally has pushed investors' unrealized profit margins to their highest level in about two years. Profit-taking has also surged to its highest level this year, signaling the cryptocurrency's short-term advance may be losing momentum.

[Analysis] Bitcoin Long-Term Holder Selling Cools as Market Regains Rationality

Bitcoin inflows to exchanges from long-term holders have fallen well below the annual average, suggesting selling by long-term investors is easing, according to an analysis. Darkfost, a CryptoQuant contributor, wrote on September 26 that an interesti

Backpack CEO Says Goal Is to Bring Entire Stock Market On-Chain to Solana

Backpack, a Solana-based decentralized exchange, said it aims to bring the entire stock market on-chain on Solana. On September 26, Backpack Chief Executive Armani Ferrante said the goal was not to list 10 or 100 stocks, but to bring the entire stock

Trump Rejects Iran’s ‘Hormuz Peace Plan’; Sees Bombing Resuming After November Midterms, WSJ Reports

President Donald Trump has rejected Iran’s proposed “Hormuz peace plan,” the Wall Street Journal reported. The newspaper also said Trump has told aides bombing of Iran could resume after the U.S. midterm elections in November. The Journal, citing U.S

[Analysis] Bitcoin Enters Bull Market, On-Chain Indicators Show

Bitcoin has moved beyond an early bull market and entered a full bull phase based on on-chain indicators, according to a CryptoQuant analysis. In four of the previous five instances when the same signal appeared, the cryptocurrency went on to post fu

CFTC Sues Cash FX Group Over Alleged $950 Million Forex Ponzi Scheme

The U.S. Commodity Futures Trading Commission has sued Cash FX Group, a foreign-exchange investment firm accused of raising about $950 million, alleging it operated a Ponzi scheme. Cointelegraph reported on September 26 that the CFTC filed the lawsui

Trump, Xi Agree Iran Must Not Have Nuclear Arms, Oppose Tolls on International Waterways

President Donald Trump and Chinese President Xi Jinping agreed that Iran must not possess nuclear weapons and that no country or entity should be allowed to impose tolls on international waterways. According to a White House fact sheet released on Se

Bitdeer Mines 288.4 Bitcoin This Week, Sells Entire Haul

Bitcoin mining company Bitdeer said in a post on X, formerly Twitter, on September 26 that it mined 288.4 Bitcoin this week. The company sold all of the mined Bitcoin, keeping its holdings at zero.

Fake Mail Notices Used to Demand Cryptocurrency in ‘Letter Phishing’ Scam

A so-called "letter phishing" scam is spreading in which fraudsters post fake mail delivery notices outside homes, induce victims to call, and then demand virtual assets, or cryptocurrencies. According to the National Police Agency and other authorit