Uk Jin

[Today's Global Trending Coins] AIXBT, Bitcoin, Solana & More

According to the Token Mindshare (a metric quantifying the influence of specific tokens in the virtual asset market) Top Gainer from the AI-powered Web3 search platform Kaito, as of the 1st, the top 5 virtual assets currently drawing the most attenti

FSS Issues Consumer Alert on Fake Exchange Deposit Scams

Recently, it has been revealed that scams encouraging investors to deposit money into virtual asset (cryptocurrency) exchanges by luring them with offers of free 'rapidly rising stocks' on social media (SNS) are spreading widely. On the 1st, the Fina

U.S. Trade Representative Extends IPR-Related China Policy Investigation Exemption by 3 Months

On the 31st (local time), the Office of the United States Trade Representative (USTR) announced a three-month extension of the exemption from Section 301 tariff investigations for certain Chinese products. The exemption covers China's laws and polici

Approximately ₩340 billion in damages caused by hacking in May alone

The unresolved issue of 'hacking' in the virtual asset (cryptocurrency) market continued without exception in May. On the 1st (KST), BlockBits, citing data from PeckShield, reported that a total of $244.1 million (approximately ₩340 billion) in damag

If Bitcoin Falls Below $103,000, $763 Million in Long Positions Will Be Liquidated

If Bitcoin (BTC) falls below $103,000, long positions (bullish bets) worth a total of $763 million are expected to be liquidated. On the 1st (KST), BlockBits reported, citing CoinGlass data, that if Bitcoin's price drops below $103,000 on this day, $

Bitcoin falls below $104,000

Max Keiser Criticizes Bitcoin-Accumulating Companies…"Can They Endure a Bear Market?"

Prominent Bitcoin (BTC) advocate Max Keiser recently questioned the growing number of companies implementing a Bitcoin accumulation strategy. According to cryptocurrency specialist media Cointelegraph on the 1st (Korea time), Max Keiser, via his X (f

Presidential Election D-2... Who Does the Decentralized Market See as Korea's Next President?

With just two days until the special presidential election in the Republic of Korea, overseas gamblers have also started betting on the country's presidential race. According to their predictions, the next president will be Lee Jae-myung of the Democ

MegaETH, X account hacked

On the 1st (Korean time), MegaETH (ETH) announced through its official X (formerly Twitter) that "the account has been hacked" and urged, "Do not click any links." It added, "Please check the latest news through the megaphone Telegram channel."

May exports down 1.3% YoY…Buoyed by strong semiconductor performance

Exports to China and the United States both down by over 8% Automobile exports recorded -4.4% but Electric vehicle exports to the EU, semiconductor exports to Taiwan performed strongly Agricultural, fisheries, and K-beauty products also played a key

NFT Trading Volume Plummets 19.45% from Previous Week

The Non-Fungible Token (NFT) market's trading volume has sharply declined over the past seven days. According to CryptoSlam on the 1st, total NFT trading volume for the past seven days was recorded at $103 million. This figure represents a decrease o

Crypto Fear & Greed Index records 56 points…returns to greed stage

According to Alternative, a crypto (cryptocurrency) data provider, the Crypto Fear & Greed Index recorded 56 points, up 6 points from the previous day on the 1st (Korea time). As of 9:40 AM on this day, Bitcoin (BTC) was recorded at $104,485 on CoinM

US SEC Raises Questions About REX·Osprey Ethereum·Solana Staking ETF

The U.S. asset managers REX Shares and Osprey Funds submitted spot exchange-traded funds (ETFs) for Ethereum (ETH) and Solana (SOL) that include staking, and the Securities and Exchange Commission (SEC) has expressed somewhat negative views regarding

People Power Party seeks US cooperation for digital asset industry promotion…promises institutional support

On the 30th, People Power Party holds 'Digital Asset Industry Policy Meeting' Promoting the industry through seven key cryptocurrency pledges Emphasizing policy distinction from the Democratic Party 5 major exchanges express anticipation for institut

People Power Party: "We will cooperate with the USA for the digital asset industry"

The People Power Party has announced its intention to cooperate with the USA for the digital asset market. This is interpreted as an effort to seek collaboration with the USA, a country rapidly developing its digital asset market under President Dona

People Power Party: “Kim Munsu will achieve innovation in virtual assets… will abolish the ‘one exchange–one bank’ principle”

The People Power Party stated that candidate Kim Munsu has a deep understanding of the virtual asset (cryptocurrency) industry and that he will strive to establish regulations for the advancement of the virtual asset industry. In particular, they rei

Trump and GameStop also bought... Will 'Bitcoin FOMO' sentiment intensify?

117 Listed Companies Currently Holding Bitcoin Nearly 800,000 Bitcoins Held "ETF listing improved public perception of Bitcoin" "'Bitcoin FOMO' sentiment may intensify" The number of companies strategically accumulating Bitcoin (BTC) is rapidly incre

Sui (SUI) Surges 8% Intraday, Reclaims 11th in Market Cap

Sui (SUI), which saw its token price plummet after a hack on a key decentralized exchange (DEX) within its ecosystem, has successfully rebounded. As of 2:56 PM (KST) on the 28th, Sui is trading at $3.72, up 7.85% from the previous day according to Co

CFTC Commissioner: "Departure of Commissioners is Not a Good Situation"

There are concerns about the potential negative impact of the official departure of four commissioners from the Commodity Futures Trading Commission (CFTC) by the end of this year. According to Cointelegraph, a cryptocurrency-focused media outlet, on

Brian Quintenz, Nominee for CFTC Chairman, Discloses Assets…Approximately 4.7 Billion KRW

The asset details of Brian Quintenz, nominated as the Chairman of the Commodity Futures Trading Commission (CFTC) under the Donald Trump administration, have been disclosed. On the 28th (Korean time), Bloomberg News reported, citing documents from th

US Congressman Urges "Do Not Add Unrelated Content to Cryptocurrency Bill"

As the pace of preparing cryptocurrency regulations accelerates in the United States, voices are emerging in the political arena urging not to add 'non-germane items' to the bill. According to cryptocurrency specialist media CoinTelegraph on the 28th

Solana Meme Coin Olivia Surges 9000% Intraday

A meme coin showing a surge is appearing on the Solana (SOL) based decentralized exchange (DEX). As of 1:46 PM on the 28th (KST), Olivia (OLIVIA) is recording $0.018, soaring 9036% compared to the previous day. Olivia is traded on the Solana-based DE

[Today's Global Trending Coins] Ethereum, Bitcoin, Arbitrum, and Others

According to the top gainers on Kaito, an AI-based Web3 search platform's Token Mindshare (a metric quantifying the influence of specific tokens in the cryptocurrency market), the top 5 cryptocurrencies currently garnering the most attention as of th

US Ethereum Spot ETF Sees $38.8 Million Inflows

Ethereum (ETH) spot exchange-traded funds (ETFs) have recorded net inflows. On the 27th (local time), according to Farside Investor, a total of $38.8 million was net inflowed into Ethereum spot ETFs on this day. BlackRock ETHA recorded a net inflow o

StarkNet Launches RUNE, a 1:1 Collateral Asset with USDC

On the 28th (KST), StarkNet (STARK) announced via X (formerly Twitter) that they are launching a new asset called RUNE. According to StarkNet, RUNE acts like a stablecoin issued on the Bitcoin (BTC) network, with a 1:1 collateral ratio with USDC. Sta

MEXC Launches 'Korean Won' Futures Product

Cryptocurrency exchange MEXC announced on the 28th (Korean time) through a notice that it will list the Won-Dollar futures. The launch time is 12:40 PM on the 28th, Korean time. This product supports leverage of up to 100 times.

"Bitcoin's Bullish Trend in Q3 Remains Uncertain"

As Bitcoin (BTC) continued its bullish trend by reaching an all-time high in Q2, attention is focused on how long Bitcoin's rally will last. Some suggest that there is still insufficient data to confirm the Q3 outlook. According to Cointelegraph, a c

IMF "Will Prevent El Salvador from Increasing Bitcoin Holdings"

According to the cryptocurrency specialist media The Block on the 28th (Korean time), the International Monetary Fund (IMF) announced that it will work to ensure that the amount of Bitcoin held by the El Salvadoran government does not change. In Marc

Grayscale Launches AI Virtual Asset Sector, Provides Benchmark Index

Virtual asset (cryptocurrency) asset management company Grayscale announced on the 28th that it has established a new virtual asset sector related to artificial intelligence (AI) and will provide a benchmark index for these virtual assets. Grayscale'

Crypto Czar Criticizes Elizabeth Warren for 'Pathological Hatred' of Cryptocurrencies

David Sachs, who is serving as the White House Crypto Czar, criticized Massachusetts Senator Elizabeth Warren. In an interview with Fox Business News on the 27th (local time), David Sachs stated, "Cryptocurrencies are the future financial system," an