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Japan Approves Bill to Classify Crypto as Financial Products

Japan's government has approved a bill to classify crypto assets, or cryptocurrencies, as financial products. Nikkei reported on April 10 that the government approved an amendment to the Financial Instruments and Exchange Act at a Cabinet meeting. Th

Coinbase Introduces Usage-Based Billing for x402 Protocol

Coinbase is introducing a usage-based billing model for AI compute requests on its x402 protocol, allowing charges to reflect actual consumption. Cointelegraph reported on April 10 that Coinbase Developer Platform said on X, formerly Twitter, that it

Opengame Foundation to Start Vote on CROSS Mainnet 2.0 ‘Breakpoint’ Upgrade April 15

Opengame Foundation said April 7 that it will begin a governance vote on April 15 for "Breakpoint," the CROSS mainnet 2.0 upgrade. The proposal calls for a broad overhaul of the network’s operating model and reward structure. Ecosystem contributors w

Ethereum Korea Consortium to Hold 'EK1' Event in Seoul on May 16

The Ethereum Korea Consortium said on May 7 that it will host Ethereum Korea One, or EK1, on May 16 at DSRV's headquarters in Seoul's Gangnam district. The event will serve as a forum to discuss the vision for South Korea's Ethereum ecosystem and dir

Dunamu Chairman Song to Attend Trump-Hosted Mar-a-Lago Conference, Luncheon

Dunamu Chairman Song Chi-hyung will attend a conference and luncheon hosted by US President Donald Trump. TrumpMeme, the operator of Official Trump (TRUMP), and Dunamu said on May 7, Korea time, that Song is scheduled to attend the May 25 event at th

Bitcoin slides again on Trump’s hawkish remarks

Crypto Now Rebound also seen if Middle East tensions ease Bitcoin is wavering again after U.S. President Donald Trump’s hard-line remarks toward Iran. As hopes for an end to the war in the Middle East have faded, risk appetite across markets is rapid

[Key economic and crypto events for the week ahead] FOMC minutes and more

<Key economic events next week> ▶︎April 6 (Mon): △U.S. March ISM Non-Manufacturing PMI (Korea time 23:00, local time 10:00) ▶︎April 7 (Tue): None ▶︎April 8 (Wed): △U.S. crude oil inventories (Korea time 23:30, local time 10:30) △Federal Open Market C

Crypto market treads water ahead of hearing for new Fed chair nominee

Crypto (virtual asset) market investors are maintaining a cautious stance ahead of the Senate confirmation hearing for Kevin Warsh, the nominee for the next chair of the U.S. Federal Reserve (Fed). According to Cryptopolitan on the 5th (Korea time),

After Trump announces "pilot rescue"… Iran claims it shot down a U.S. aircraft

IRGC: "U.S. aircraft shot down south of Isfahan" Iran claimed it shot down a U.S. aircraft that was tracking the pilot of a U.S. F-15 fighter jet. The announcement came shortly after U.S. President Donald Trump said one of the downed jet’s crew membe

Grayscale: “Major altcoins entering a bottoming zone…a buying opportunity”

Grayscale, a digital-asset (cryptocurrency) specialist asset manager, said major altcoins are nearing historic low levels and argued that investors should treat this as a buying opportunity. According to crypto media outlet BeInCrypto on the 5th (Kor

Japan Exchange Group considers limiting index inclusion for companies with high virtual-asset holdings

Japan Exchange Group (JPX) is reportedly considering measures to restrict index inclusion for companies that hold more than half of their corporate assets in virtual assets (cryptocurrencies). In Japan, a number of companies—including Metaplanet—have

"Bitcoin bearishness hits highest level in five weeks…could be a rebound signal"

Investor pessimism toward Bitcoin (BTC) has surged to its highest level in five weeks. According to Cointelegraph, a cryptocurrency-focused outlet, on the 5th (Korea time), crypto analytics firm Santiment said the share of negative opinions related t

"Bitcoin can be hacked in 9 minutes"…Industry moves to secure quantum-computing countermeasures

As research suggests that quantum computers could neutralize Bitcoin’s (BTC) core security framework in just minutes, developers are reportedly beginning work on “quantum-proof” technology. According to CoinDesk on the 5th (Korea time), Google said i

Polymarket odds of 'US troops entering Iran in April' hit 96%…up 35 points from prior day

As the war between the United States and Iran drags on, the odds in prediction markets that US ground forces will enter Iran within April have surged. According to Polymarket on the 5th (Korea time), the probability of US troops entering Iran this mo

How the Drift hack unfolded… “Contact with North Korea-linked individuals at conferences”

Solana (SOL)-based crypto decentralized exchange Drift (DRIFT) suffered a hacking incident midweek, with North Korea being cited as a prime suspect. In particular, investigators reportedly found that the Drift team had contact with North Korea-linked

Western Union to Acquire Digital Wallet Service Dash

Global remittance firm Western Union said on the 5th that it has completed the acquisition of Singapore-based digital wallet Dash. The acquisition secures a digital wallet platform with more than about 1.4 million users. Launched in 2014, Dash offers

"Bitcoin Outperformed Gold and Stocks Amid Global Shocks"

An analysis has found that Bitcoin (BTC) tends to post higher returns than gold and equities amid global economic and geopolitical shocks. According to CoinDesk, a cryptocurrency-focused outlet, on the 5th (Korea time), crypto exchange Mercado Bitcoi

Former UK Chancellor says Bitcoin is an alternative to a failing financial system

Kwasi Kwarteng, the former UK Chancellor of the Exchequer, voiced a positive view of Bitcoin (BTC). According to CoinDesk on the 5th (Korea time), Kwarteng said in an interview that “the UK economy has fallen into a ‘fiscal vicious cycle’ in which sp

"Bitcoin development needs a conservative approach…don’t implement changes unless they are clearly improvements"

A call has been made for conservative software implementation to preserve Bitcoin’s (BTC) decentralization and monetary characteristics. According to Cointelegraph on the 5th (Korea time), Jimmy Song, co-founder of Production Ready, a non-profit that

Crypto Fear & Greed Index stays in 'Extreme Fear' amid Middle East tensions

The Fear & Greed Index—a gauge of investor sentiment in the digital-asset (cryptocurrency) market—remained in the Extreme Fear zone. With US President Donald Trump calling for the Strait of Hormuz to be opened as soon as possible, investors appear to

Trump: “48 hours left… If Hormuz isn’t opened, they’ll face ‘hell’”

U.S. President Donald Trump issued a stern warning to Iran, demanding it open the Strait of Hormuz. On the 4th (Korea time), Trump said on Truth Social, “I gave Iran 10 days, and now there are 48 hours left,” adding, “If it goes beyond that, they wil

Can prediction markets expand in Asia? Tough regulation is the wild card

One of the most closely watched areas this year, prediction markets are seeking to expand into major Asian markets, but some observers warn they could be blocked by countries’ stringent regulatory environments. On the 4th (Korea time), Cointelegraph,

Solana begins testing defenses against 'quantum-computing threat'… "Stronger security leads to slower performance"

As Solana (SOL) begins testing security technologies to prepare for the era of quantum computers, early results reportedly confirmed a clear trade-off between tighter security and slower performance. According to CoinDesk, a cryptocurrency-focused ou

"Bitcoin flashing signs of weakening demand"…five reasons

Analysis suggests demand for Bitcoin (BTC) is weakening. A common signal was found across five data sets, including on-chain metrics, supply-demand indicators and sentiment gauges. On the 4th (Korea time), cryptocurrency news outlet CoinDesk reported

[Analysis] "Ethereum shifts to 'buy-side dominance' in the derivatives market"

An analysis has found that buying interest is gaining the upper hand in Ethereum (ETH) derivatives markets. On the 4th (Korea time), CryptoQuant contributor Darkfost wrote, "Our analysis of recent market data shows that Ethereum derivatives' 'net tak

[Analysis] "Bitcoin whales average $300 million in daily losses in Q1…similar to the run-up to past bear markets"

Bitcoin (BTC) weakness in the first quarter of this year suggests that investors holding large amounts of bitcoin suffered heavy losses. On the 4th (Korea time), Cointelegraph, citing data from on-chain analytics firm Glassnode, reported that whale i

Tether seeks fundraising at a $500 billion valuation; may delay if demand falls short

Tether (USDT), the issuer of the world’s largest stablecoin (a crypto asset pegged to the value of fiat currency), is pushing ahead with a fundraising effort based on an enterprise valuation of about $500 billion, but market observers say it may post

[Breaking] Explosions heard at Iran’s Mahshahr petrochemical complex in the south… “Possible airstrike”

Iran’s Fars News Agency reported on the 4th (local time) that multiple explosions occurred at the Mahshahr Special Petrochemical Economic Zone in Mahshahr, Khuzestan province, in the country’s southwest. At least three powerful blasts were reported w

EdgeX breaks into top 100 by market cap just five days after listing, extends rally

EdgeX (EDGE) is extending gains intraday. The token’s rally has also propelled it into the top 100 by market capitalization, drawing market attention. According to CoinMarketCap, a website that provides crypto market data, EdgeX was trading at $1.04,

Nevada extends ban on Kalshi sports prediction markets by two weeks: “Indistinguishable from gambling”

A court in the U.S. state of Nevada has kept in place a ban after determining that sports-related products offered by prediction-market platform Kalshi constitute gambling. According to CoinDesk, a cryptocurrency-focused media outlet, Jason Woodbury,