Uk Jin

South Korean Brokerages See Need for Public Blockchains, but Favor Gradual STO Rollout

South Korean securities firms agree that public blockchains will be needed as core infrastructure for tokenized securities offerings, or STOs, and real-world assets, or RWAs, which are emerging as new growth areas for the country’s financial industry

SharpLink CEO Says It Ignores Ethereum’s Short-Term Price Swings, Bets on Finance’s Future

Digital asset treasury companies that have made Ethereum (ETH) a core corporate holding voiced confidence in the token. Joseph Chalom, chief executive officer of SharpLink, said at an Ethereum Korea One, or EK1, panel discussion at DSRV’s headquarter

South Korea to Use Blockchain Deposit Tokens for Government Operating Expenses

South Korea plans to use deposit tokens to pay operating expenses at government ministries and public institutions. The Ministry of Economy and Finance said April 16 that a pilot project for treasury payments using blockchain-based digital currency h

CFTC Probes Crude Futures Trading Before Iran-Related Announcements

The US Commodity Futures Trading Commission has opened an investigation into crude futures trading that took place shortly before Iran-related announcements, Bloomberg reported. The CFTC is examining possible irregular trading in crude futures on the

Bitcoin Tests 100-Day Moving Average Again; Break Above Could Send It to $80,000

Bitcoin is testing its 100-day simple moving average again, revisiting what digital-asset analyst Ali Martinez described as a key resistance level. Martinez wrote on X on April 16 that Bitcoin has tested the 100-day moving average as resistance three

Franklin Templeton Says It May Take Decades to Find an Alternative to the Dollar

The U.S. dollar is expected to keep its status as the world’s reserve currency for now. ODaily reported on April 16 that Sonal Desai, chief investment officer at Franklin Templeton, said there is currently no credible asset capable of replacing the d

Bitcoin Hits $76,000, but Short-Term Selling Pressure Builds

Bitcoin (BTC) climbed to $76,000, its highest level in months, but signs of short-term selling pressure are emerging. Digital asset outlet Cointelegraph reported on May 16, citing a CryptoQuant report, that a surge in Bitcoin inflows to exchanges is

Trump Says Israeli, Lebanese Leaders to Speak on June 16 for First Time in 34 Years

President Donald Trump said contact between Israel and Lebanon is imminent. In a Truth Social post on June 15, Trump wrote that Israel and Lebanon are "trying to give each other a little breathing room." He added that the two countries' leaders will

Ethereum Spot ETFs See $67.9 Million of Net Inflows

Spot Ethereum exchange-traded funds continued to attract net inflows. The funds recorded combined net inflows of $67.9 million on May 15, according to Trader T. BlackRock’s ETHA led with $31.5 million of net inflows, followed by Grayscale’s ETH with

US Spot Bitcoin ETFs See $186 Million in Net Inflows

US spot Bitcoin exchange-traded funds recorded net inflows on June 15, according to Trader T. The funds posted combined net inflows of $186 million. BlackRock's IBIT and Morgan Stanley's MSBT led gains, with net inflows of $291.9 million and $19.3 mi

Avalanche Accelerates Stablecoin Push From AI Agent Payments to Cross-Border Trade

Avalanche is expanding its stablecoin ecosystem by promoting custom Layer 1 blockchains for businesses as a key advantage. The network is already producing real-world stablecoin use cases on blockchains built with Avalanche. Kim Yong-il, Avalanche’s

Tiger Research Says Blockchain Is at Commercialization Turning Point, Like Cloud Computing

"It has been more than 14 years since blockchain emerged as a technology. It has now evolved to the point where it can offer practical solutions in areas such as finance and payments." "Now is the time for blockchain to move beyond being just a conce

NHN KCP Enters Stablecoin Market With Avalanche Tie-Up, Plans VASP Application in Third Quarter

NHN KCP, a major South Korean payment gateway provider, has formally laid out its entry into the cryptocurrency industry. A day after announcing plans to build a mainnet with Ava Labs, the developer of Avalanche (AVAX), the company said it will seek

Deloitte Korea Says Stablecoins Are No Longer Optional for Corporate Competitiveness

“Stablecoins, or digital assets pegged to fiat currencies, have moved beyond technological innovation and are becoming essential to corporate global competitiveness. Stablecoins are no longer a matter of choice. They are now a pillar of corporate com

X Product Chief Hints at Crypto Product Launch

X, formerly known as Twitter, has hinted at the launch of a crypto-related product. Nikita Bier, X's head of product, wrote on X on March 14 that "crypto has had a tough year" and that "it's time for us to launch something to solve this." He did not

Fypher Partners With Blueprint Finance to Build FYUSD On-Chain Yield Ecosystem

Fypher said April 13 that it will partner with institutional-grade decentralized finance infrastructure firm Blueprint Finance to build an on-chain yield ecosystem around the dollar stablecoin FYUSD. FYUSD is structured to comply with the GENIUS Act,

Clarity Act Has 30% Chance of Passing This Year, Wintermute’s Hammond Says

The Clarity Act, a US crypto market-structure bill, has only about a 30% chance of passing this year, CoinDesk reported, citing Ron Hammond, Wintermute’s head of policy. Hammond said the legislative process is advancing, but uncertainty remains high.

US-Iran Talks May Be Extended by a Day as Negotiations Move to Technical Details

Negotiations between the US and Iran have entered a technical phase, raising the possibility that the talks could be extended by another day. Iran’s semi-official Tasnim news agency reported on July 11 that the negotiations had moved beyond an initia

Israel Continues Airstrikes in Lebanon Amid Ceasefire Talks

Israel's military said it is continuing large-scale airstrikes against Hezbollah in Lebanon. On Oct. 11, the Israel Defense Forces said on X, formerly Twitter, that it had struck about 200 Hezbollah-related targets in Lebanon over the past 24 hours.

Pyth Network Launches On-Chain Financial Data Marketplace With Fidelity, Euronext

Pyth Network, a data oracle protocol, has begun offering an on-chain financial data service with financial institutions. SpazioCrypto reported on July 11 that Pyth launched the Pyth Data Marketplace on July 9 and started providing on-chain data from

Bitcoin May Have One Final Leg Lower Before Bottoming, Trader Says

Bitcoin may face one more decline before establishing a bottom, according to a market view from a prominent crypto trader. On April 11, KillaXBT wrote on X that every past Bitcoin cycle ultimately featured a final drop accompanied by investor capitul

Trump Says Iran’s Military Has Been Effectively Neutralized as US-Iran Talks Proceed

As the US and Iran held ceasefire talks in Islamabad under Pakistan’s mediation, President Donald Trump said the US held the upper hand over Iran. On June 11, Korea time, Trump wrote on Truth Social that Iran’s navy and air force were “effectively go

Bitcoin Market Splits Between Institutions and Retail, Miners as Next Rally Depends on Institutional Inflows

Bitcoin has remained stuck in a range, with institutional investors diverging from other market participants, according to a CoinDesk analysis. CoinDesk reported on July 11 that persistent buying by some institutional investors helped keep Bitcoin tr

US-Iran Talks on Ending War Begin in Islamabad, CBS Reports

Talks between the US and Iran on ending the war have begun in Islamabad, CBS reported on June 11, citing two US officials familiar with the matter. The officials did not say exactly when the talks began or whether they were being held in person or re

US Official Says No Agreement Reached With Iran Yet

US and Iranian delegations were reported to be entering ceasefire talks in Pakistan on June 11, but no agreement has yet been reached between the two sides, CBS News reported. A US official told CBS News that no agreement had been reached regarding s

Stablecoins, Not Bitcoin, Emerge as Likely Option for Any Strait of Hormuz Transit Fees

As Iran considers charging oil tankers passing through the Strait of Hormuz transit fees in cryptocurrency, stablecoins rather than Bitcoin appear to be the more likely payment method. On June 11, BeInCrypto reported that blockchain analytics firm Ch

US Denies Report It Agreed to Unfreeze Iranian Assets

The US government has again denied a report that it agreed to unfreeze Iranian assets. CBS News reported on June 11, citing a senior US official, that the United States had not agreed to release Iran's frozen assets. Reuters had earlier reported, cit

Pakistan PM's Office Says Peace Talks Begin in Islamabad

Lummis Urges Swift Passage of Clarity Act, Says Delay Could Stall It Until 2030

Senator Cynthia Lummis, one of the leading pro-crypto voices in US politics, called for swift passage of the Clarity Act. Cryptopolitan reported on April 11 that Lummis wrote on X, formerly Twitter, that if the bill is not passed before the 2026 midt

Trump-Backed World Liberty Says It Repaid $25 Million of Token-Backed DeFi Borrowing

World Liberty Financial, the Trump family-backed cryptocurrency project, said it has partially repaid borrowings tied to a token-collateralized position on a decentralized finance, or DeFi, protocol, seeking to calm market concerns over potential liq