Uk Jin

Securitize Poised to Raise About $400 Million Ahead of July 2 NYSE Debut

Securitize, a platform for tokenized real-world assets, is poised to raise about $400 million through its public listing via a merger with a special purpose acquisition company. Cointelegraph reported on June 27 that fewer than 30% of existing shareh

Humanity Protocol, KelpDAO Hacks May Be Tied to Same Attacker

New evidence suggests the recent hacks of Humanity Protocol (H) and KelpDAO may have been carried out by the same attacker. On-chain investigator ZachXBT wrote that funds stolen from Humanity Protocol and KelpDAO converged into a single route about a

Strategy Wobbles as STRC Stays Below Par, Reviving Fears of Four-Year Crypto Bust

STRC remains below par for an extended stretch Warnings mount over cash-flow risk Some raise fears of a second Terra-Luna Others say the concern is excessive Concern is mounting around Strategy, the world’s largest corporate holder of Bitcoin, as the

Analysis: Strategy Unlikely to Face Bankruptcy, but Bitcoin Value Per Share May Be Diluted

Strategy, the largest publicly traded corporate holder of Bitcoin, is unlikely to fall into a "death spiral" or face immediate bankruptcy, according to an analysis. The main risk instead is dilution in the Bitcoin value backing each common share. Wu

Bitcoin Falls Below $59,000

Analysis: Dogecoin Triggers Technical Buy Signal on Daily Chart

Dogecoin has triggered a technical buy signal, analyst Ali Martinez said. Martinez wrote on X on June 26 that a TD Sequential buy signal had appeared on Dogecoin's daily chart. The chart he shared showed a TD Sequential "0" buy signal. TD Sequential

Nexxus Obtains ISO/IEC 42001 Certification for AI Management System

Nexxus said June 26 that it had obtained ISO/IEC 42001, the international standard for artificial intelligence management systems. The company also passed follow-up audits for ISO/IEC 27001, the information security management system standard, and IS

Kospi Circuit Breaker Triggered After Record Selloff

Chainlink Puts Samsung, SK Hynix and Other Asian Stock Data On-Chain

Chainlink has launched a service that makes real-time stock-price data for major Asian listed companies, including Samsung Electronics Co., SK Hynix Inc., Toyota Motor Corp. and Sony Group Corp., available on blockchain networks. Cointelegraph report

QCP Says Bitcoin Edges Higher as Strategy Concerns Ease, Sees Rangebound Trading Ahead

The cryptocurrency market is likely to remain rangebound for the time being, QCP Capital said. In a market report cited by Odaily on June 23, QCP said Bitcoin's recent move back above $65,000 was driven by Strategy's additional Bitcoin purchases. Str

Voice-Phishing Proceeds Sent to Overseas Crypto Exchange, Seoul Police Assign Dedicated Team

Police have launched a full investigation into the case of a mother and son who died after falling victim to voice phishing. Investigators are tracing the money after confirming the stolen funds passed through an overseas cryptocurrency exchange, KBS

US Spot Ether ETFs See $66.11 Million in Net Outflows

US spot Ether exchange-traded funds recorded net outflows on June 22. Data from Trader T showed the 10 US spot Ether ETFs posted combined net outflows of $66.11 million for the day. The outflows were largely driven by BlackRock's spot Ether ETF, ETHA

US Spot-Bitcoin ETFs See $68.19 Million in Net Outflows

US spot-Bitcoin exchange-traded funds remained in net outflow territory. Data from Trader T showed the 12 US spot-Bitcoin ETFs posted combined net outflows of $68.19 million on June 22. BlackRock's IBIT recorded the largest outflow, with $171.98 mill

Today’s Key Economic and Crypto Events: US June S&P Flash Manufacturing PMI Due

<Today’s key economic events> ▶ June 23 (Tuesday): △ US June S&P Global flash manufacturing PMI (10:45 p.m. Korea time) △ US June S&P Global flash services PMI (10:45 p.m. Korea time) △ Earnings: FedEx (FDX), Carnival (CCL) <Today’s key cryptocurrenc

Court Orders Cross Finance to Pay Coinone $261,000 in Damages

Coinone, a South Korean cryptocurrency exchange, partially won a damages suit against online lending platform Cross Finance Korea. Digital Asset reported on June 23 that the 11th Civil Division of the Seoul Southern District Court ordered the defenda

Crypto Industry Enters ‘Show Me’ Era as Users, Revenue Gain Importance

The cryptocurrency industry has moved beyond a growth phase driven by vision statements and white papers and into one where projects are judged by actual users, revenue and transaction volume, Paul Cafiero, a partner at a16z Crypto, wrote. On June 23

Grayscale Says Bitcoin Could Catch Up to US Stocks If Fed Holds Rates

Bitcoin has underperformed US stocks amid concerns that the Federal Reserve could raise interest rates again, but the cryptocurrency could make up that gap if no further hike materializes, Grayscale said. Jack Pandl, Grayscale's head of research, wro

OKX, ICE Plan US Joint Venture to Connect Tokenized Stocks and Digital-Asset Markets

Global crypto exchange OKX and Intercontinental Exchange, the owner of the New York Stock Exchange, plan to establish a joint venture for tokenized financial products and digital-asset markets. OKX said June 22 that the two companies will each hold a

Ethena Exchange Inflows Top 300 Million ENA in Past Month

More than 300 million Ethena tokens have flowed into exchanges over the past month, lifting the amount of ENA held on trading platforms. On June 23, on-chain analyst Ali Martinez, citing Glassnode data, wrote that more than 300 million ENA tokens had

Bitcoin Futures Open Interest Drops Nearly 20% as June Selloff Clears Leverage

Bitcoin’s double-digit pullback in June was accompanied by a broad unwind of leverage in the futures market. On June 23, CryptoQuant contributor Woo Min-kyu wrote that Bitcoin’s latest correction looked less like fresh leverage building and more like

TurboFlow Raises $6 Million in Seed Round Led by Pantera Capital

On-chain trading platform TurboFlow said Tuesday it had raised $6 million in a seed funding round. Pantera Capital led the round, with participation from Susquehanna Crypto and Digital Currency Group, or DCG. TurboFlow offers perpetual futures and pr

Trump Signs Quantum Orders, Sets 2028 Deployment Goal and 2031 Security Deadline

Orders set specific deadlines for scientific research use by 2028 and for defenses against security threats by 2031 Trump pledges unprecedented investment to secure US leadership as nations compete over global standards and technology ecosystems IBM

US Senate Passes Bill With Temporary Ban on Fed CBDC Issuance

The U.S. Senate passed a bill containing a provision that would bar the Federal Reserve from issuing a central bank digital currency, or CBDC. CoinDesk reported on June 23 that the Senate approved the ROAD to Housing Act the previous day by an 85-5 v

Five Former Ethereum Foundation Researchers Launch Nonprofit Ethlabs

Five former Ethereum Foundation researchers have launched Ethlabs, a nonprofit research group. The Block reported on June 23 that Ethlabs announced its launch in a statement the same day. The group said it was created to meet rising institutional dem

Solmate Infrastructure Sued by Top Outside Shareholder Over Self-Dealing Claims

Solana treasury company Solmate Infrastructure has been sued by its largest outside shareholder, which is targeting the board and management. Odaily reported on June 23 that RBCH, an outside shareholder in Solmate, filed suit in New York State Suprem

US House to Hold Hearing on CLARITY Act on June 17

Blockstream CEO Adam Back Says Bitcoin Could Reach $1 Million by 2028

Adam Back, chief executive officer of Blockstream, laid out a bullish outlook for Bitcoin. Wu Blockchain reported on June 23 that Back sees enough upside momentum in Bitcoin from existing retail investor interest and demand for spot exchange-traded f

Strategy CEO Says He Bought $1 Million of STRC, Will Hold Until It Reaches Par Value

Strategy Chief Executive Officer Phong Le said he bought $1 million worth of STRC. In a post on X on June 23, Le wrote that he had purchased $1 million of STRC and plans to hold it until it reaches par value. STRC is a listed preferred stock recently

Ric Edelman Says Institutional Adoption, Tokenization Are Main Crypto Growth Drivers

Institutional participation and the expansion of asset tokenization are the main growth drivers for digital assets, CoinDesk reported on June 23. Rick Edelman, founder of the Digital Assets Council of Financial Professionals, said investor sentiment

Netanyahu Orders Israeli Military to Halt Fighting in Lebanon

Prime Minister Benjamin Netanyahu has ordered the Israeli military to halt fighting in Lebanon, according to Channel 12. Channel 12 reported on June 20 that Netanyahu and Defense Minister Israel Katz instructed Israeli forces to stop firing inside Le