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Plume Network, a blockchain-based real-world asset tokenization (RWA·Real World Asset) project, signaled direct interest in the Korean market. In particular, Plume CEO Chris Yin said the company plans to closely monitor Korea’s regulatory environment
As real-world asset tokenization (RWA·Real World Asset) surged last year and drew attention across global finance, a view has emerged that broader participation from everyday users is needed for the RWA market to advance further. On the 12th, Chris Y
National Assembly’s Political Affairs Committee diagnoses the ‘Bithumb incident’ Shock from erroneous payout of 620,000 ‘ghost bitcoins’ "Not a simple fat-finger but systemic shortcomings" Questions of regulators’ responsibility too…"due to a regulat
Kang Myung-gu, a lawmaker of the People Power Party, raised the issue of accountability by financial authorities over the Bithumb incident. On the 11th, Rep. Kang attended a plenary meeting of the National Policy Committee held at the National Assemb
Criticism has emerged that the Financial Services Commission (FSC) may be using Bithumb’s erroneous Bitcoin (BTC) payout incident as a pretext to push for limits on the ownership stakes of controlling shareholders at virtual-asset (cryptocurrency) ex
Bithumb, a virtual asset (cryptocurrency) exchange, said it will increase compensation for users in connection with the erroneous Bitcoin (BTC) crediting incident that occurred on its platform last week. On the 11th, Lee Jae-won, CEO of Bithumb, atte
South Korea’s Financial Services Commission (FSC) said it will move to inspect exchange systems following a recent incident at cryptoasset (cryptocurrency) exchange Bithumb involving the erroneous transfer of Bitcoin (BTC). On the 11th, Kwon Dae-youn
XRP is showing strength intraday. On the 6th (Korea time), XRP was trading at 2,149 won on Upbit, a domestic digital-asset exchange, up 19.92% from the previous day. At the same time, Bitcoin (BTC) was also up 8% from the previous day, at 100,040,000
According to PR Newswire, global digital-asset financial firm Galaxy Digital said on the 6th it will pursue a share buyback worth $200 million (about 260 billion won). Specifically, Galaxy Digital said its board has authorized the repurchase of up to
US investment bank Citigroup has sharply lowered its price target for cryptocurrency exchange Coinbase. The move comes as risk-off sentiment has gripped the broader crypto market, sending trading volumes plunging. According to CoinDesk on the 6th (Ko
Bithumb, a South Korean digital-asset exchange, is reportedly in the process of clawing back a large amount of Bitcoin (BTC) after mistakenly paying it out during the distribution of event rewards. According to industry sources on the 6th, Bithumb ra
Russia’s largest bank Sberbank is preparing to launch corporate loan products backed by digital assets (cryptocurrencies), Reuters reported on the 5th (local time). According to Reuters, a Sberbank spokesperson said demand from corporate clients is s
China has moved to tighten regulation of crypto assets by imposing a blanket ban on the offshore issuance of yuan-pegged stablecoins. The People’s Bank of China (PBOC) said on the 6th that it, together with government agencies including the National
Bitcoin (BTC), the bellwether of digital assets, has attempted a rebound after a sharp plunge, but forecasts suggest the recovery could be limited due to macroeconomic uncertainty and deteriorating investor sentiment. On the 6th (KST), digital asset
U.S. asset manager ARK Invest sold a large block of Coinbase shares and bought shares of Bullish amid a sharp selloff in the digital-asset market. According to CoinDesk on the 6th (Korea time), ARK Invest sold 119,236 shares of Coinbase during the pr
Concerns have been raised that cascading liquidations could occur if Bitcoin (BTC) fails to rebound. Ki Young Ju, CEO of CryptoQuant, said, “If there is no meaningful rebound from this price range over the next month, the risk of structural instituti
Gloria Zhao, who has served as a maintainer for Bitcoin Core—the core development organization behind Bitcoin (BTC)—is reported to have resigned. Bitcoin Core maintainers are a small group of trusted developers tasked with reviewing code changes and
Trend Research, which had built a large investment position in Ethereum (ETH), is accelerating its selling. On the 6th (KST), Lookonchain said on X (formerly Twitter), "Trend Research sold 170,033 Ethereum over the past 10 hours," adding, "Trend Rese
As signs of a slowdown in the U.S. labor market become clearer, an analysis suggests that such employment indicators could help create a supportive backdrop for digital assets such as Bitcoin (BTC). On the 6th (Korea time), digital-asset news outlet
Bitcoin holdings surpass 200 Digital-asset treasury company Parataxis Korea announced on the 6th that it has purchased an additional 50 bitcoin (BTC). On the 6th, Kosdaq-listed Parataxis Korea said it acquired an additional 50 BTC as part of its bitc
Charles Hoskinson, founder of Cardano (ADA), has admitted he suffered major losses during the market downturn. According to Crypto Briefing on the 6th (Korea time), Hoskinson said in a livestream, "It might be easy to say I can endure because I have
Sweden-based health-tech company H100 has purchased an additional 4.39 bitcoin (BTC). According to BitcoinTreasuries.net on the 6th (KST), H100 bought 4.39 bitcoin that day, increasing its bitcoin holdings to 1,051.
Stablecoin inflows to exchanges—an indicator of liquidity in the digital-asset market—have surged, according to data. According to digital-asset news outlet Cryptopolitan on the 6th (Korea time), the average stablecoin inflow over the past seven days
After a last-minute tug-of-war over restarting nuclear negotiations, the United States and Iran on the 6th began their first meeting in Muscat, Oman. Tasnim and other foreign media outlets reported in unison that nuclear talks between the US and Iran
Global investment bank Jefferies suggested that further downside risk remains open in the digital-asset market. According to CoinDesk, a digital-asset-focused outlet, on the 6th (Korea time), Jefferies said in a report that "(in relation to the recen
Bitcoin (BTC) plunged sharply intraday, and an analysis said the sell-off represents statistically unusual volatility. On the 6th (Korea time), Benson Sun, founder of CoinKarma, wrote on X (formerly Twitter) that “Bitcoin’s drop today amounts to an ‘
Binance’s user protection fund (SAFU) has been found to have accumulated a large amount of Bitcoin (BTC). According to OnchainLens on the 6th (Korean time), Binance SAFU purchased 3,600 Bitcoin about 10 minutes ago. This is worth about $230 million a