Uk Jin

Polygon Transfers 52.93 Million POL to Staking Address Worth About $4.82 Million

About $4.82 million worth of Polygon tokens was staked from a multisignature wallet tied to Polygon. Arkham data on Oct. 24 showed that a total of 52.928 million tokens were transferred from the address labeled "0xFA5," identified as a Polygon multis

Renewed Trump-Fed Clash Could Weigh on U.S. Stocks, Motley Fool Says

A renewed clash between President Donald Trump and Federal Reserve Chair Kevin Warsh could put downward pressure on U.S. stocks if tensions escalate, The Motley Fool said. The U.S. investment outlet reported on October 24 that Trump has recently begu

Kraken Says Requesting Monero Investor Personal Data Was Wrong, Will Keep XMR Listed

Kraken, the global cryptocurrency exchange, acknowledged that it had asked Monero investors for excessive personal information and said it had withdrawn those requests. The exchange also said it will continue to support Monero trading. Blockchain Rep

Bloomberg Says SpaceX Struggling to Raise $40 Billion in Debt for AI Chip Purchases

SpaceX is struggling to raise $40 billion to build out artificial intelligence infrastructure, Bloomberg reported, as rising borrowing costs complicate the effort amid growing investor concern over AI spending. Bloomberg reported on October 24 that S

Analysis: Cardano’s ADA Breaks Uptrend, Risks Another 20% Drop

Cardano’s ADA token has broken below the uptrend that had been in place since late June, signaling the potential for a deeper correction, according to analyst Ali Martinez. Martinez wrote in a post on X, formerly Twitter, on October 24 that ADA had f

Arthur Hayes Says He Sold All Ethereum, Ethena and Uniswap Holdings, Will Stay on Sidelines for Now

Arthur Hayes, co-founder of BitMEX, said he had sold his altcoin holdings, including Ethereum, and plans to stay on the sidelines for the time being. In a post on X on October 24, Hayes wrote that Maelstrom had taken profits on altcoins including Eth

Layer-1 Blockchain Initia Halts Entire Network After $2.6 Million Hack

Initia, a layer-1 blockchain, halted its entire network after a hacker exploited an unauthorized token-minting vulnerability and stole about $2.6 million in crypto assets. Cointelegraph reported on October 24 that Initia shut down all rollup networks

North Korea-Linked Lazarus Prepares Cyberattack Targeting South Korean Government, Financial Institutions, CYFIRMA Says

A North Korea-linked hacking group known as Lazarus is preparing a large-scale cyberattack targeting South Korean government agencies and financial institutions, cybersecurity firm CYFIRMA said. A successful breach could lead to digital-asset theft.

Franklin Templeton Issues Additional $150 Million of Tokenized Fund Shares on XRP Ledger

Global asset manager Franklin Templeton has issued an additional $150 million of tokenized money market fund shares on the XRP Ledger. Franklin Templeton issued a total of $150 million of tokenized fund shares on the XRP Ledger on October 22, CoinDes

Argentine Court Closes Fraud Probe Into President Milei Over LIBRA Coin Collapse

An Argentine court has closed a fraud investigation into President Javier Milei over the collapse of memecoin LIBRA. Al Jazeera reported on October 24 that Federal Judge Marcelo Martinez de Giorgi had decided a day earlier to end the criminal investi

Shinhan Bank Says Digital Assets Have Moved Beyond Experiment Phase, Expanding Banks’ Role

Digital assets have moved beyond the experimental stage and are entering a phase of real-world use in financial transactions, according to an executive at Shinhan Bank. That shift means banks need to define their role in the market. Kim Byung-hee, he

AI Agents Could Accelerate Bank Deposit Outflows, Hurt Profitability

The broad adoption of artificial intelligence agents in financial markets could accelerate deposit outflows from banks and erode profitability, a researcher said. Baek Yeon-joo, a research fellow at the Korea Institute of Finance, made the remarks on

Bank of Korea Says Project Hangang Differs From Stablecoins, Central Bank Money Still Needed

Central bank money is the final benchmark for settlement Second round of Project Hangang testing to begin in late December Project Agora also aims to promote the won’s internationalization The Bank of Korea underscored the need for its deposit-token

Naver Pay VP Says AI Agents Will Become Key Financial Actors, Requiring Tailored Infrastructure

"AI Agents Set for Broad Expansion" "Financial Infrastructure Must Evolve to Match" "South Korea Has Strong Competitiveness" The era of artificial intelligence agents making payments and investments on behalf of people is poised to take hold in earne

KFTC Says AI, Digital Assets Will Drive Change in Finance Industry

The Korea Financial Telecommunications & Clearings Institute said artificial intelligence and digital assets will drive a new wave of change in the financial industry, pledging to build the infrastructure to support that shift. Chae Byung-deuk, presi

German Digital-Asset Firm Finoa Joins Nexxus's OneChain as Validator

Nexxus said on October 23 that Finoa Consensus Services, or FCS, the staking-focused subsidiary of Germany's Finoa, will join OneChain (ONE) Mainnet 2.0 as a validator. FCS will create new blocks on OneChain and validate transactions. Drawing on its

Bitplanet Warns Strive’s SATS Perpetual Preferred May Heighten Financial Risk on 15% Fixed Dividend

Bitplanet Research Lab said the fixed-dividend structure of SATS, the perpetual preferred stock issued by Bitcoin treasury company Strive, could increase the company’s long-term financial burden. In a report published on Oct. 21 titled “Strive’s SATS

BonanzaFactory to Provide Kbank With Digital-Asset KYT Solution TranSight

BonanzaFactory, a blockchain compliance company, said on October 21 that it signed an agreement with Kbank for the use of its Know Your Transaction, or KYT, solution TranSight. TranSight is a KYT solution that analyzes the risk levels of blockchain w

ECB’s Lagarde Says Digital Euro Is in Preparation, With Pilot Set for Second Half of 2027

The European Central Bank is accelerating preparations to introduce the digital euro, a central bank digital currency, or CBDC. Cointelegraph reported on Oct. 17 that ECB President Christine Lagarde said at the International Monetary Fund’s annual me

SharpLink CEO Says Ethereum to Become Core Infrastructure for Finance, AI Within 10 Years

Ethereum will develop into core infrastructure for the global financial system and the artificial intelligence economy over the next decade, SharpLink Chief Executive Officer Joseph Chalom said. Chalom made the remarks during a recent discussion at T

Bitget to End Services for Some Users

Global cryptocurrency exchange Bitget will end services for some users. Cointelegraph reported on Oct. 17 that Bitget said in an official post on X, formerly Twitter, that it would terminate services for certain users as a one-off measure. Users in R

Indonesian Minister Says Islamic Ruling Barring Crypto Could Change

The Indonesian government said its Islamic-law determination that virtual assets, or cryptocurrencies, are prohibited could change in the future. Local media reported on October 17 that Religious Affairs Minister Nasaruddin Umar, speaking at a recent

Google Says Quantum Chip Willow Cut Error Rate by 40x, Raising Threat to Early Bitcoin Wallets

Google's latest quantum-computing chip has delivered a sharp performance improvement, fueling concerns that quantum computers could pose a greater threat to early Bitcoin wallets. CoinDesk reported on October 17 that Google said its quantum chip Will

Bulgaria’s Postbank to Launch Digital-Asset Investment Service Early Next Year

Bulgaria’s Postbank plans to launch a digital-asset investment service early next year, Odaily reported on Oct. 17. The bank is set to introduce the service through its mobile banking app in early 2027, allowing users to invest in digital assets as w

Ledger Received Tampering Reports Months Before Security Incident, Critics Say Response Fell Short

French hardware wallet maker Ledger is facing claims that it failed to take adequate action despite receiving reports of device tampering months before a recent security incident. Cointelegraph reported on October 16 that former Mt. Gox Chief Executi

Chainlink, Japan’s Pacific Meta Partner to Build Tokenized Finance Infrastructure for Institutions

Chainlink is partnering with Japanese blockchain and artificial intelligence company Pacific Meta to build asset-tokenization infrastructure for Japan’s financial market. Pacific Meta said on October 16 on its official website that it had entered int

Charles Schwab CEO Says Crypto Trading Can Become New Revenue Stream

Charles Schwab plans to expand its cryptocurrency trading service to all eligible customers and build it into a new source of revenue. Bitcoin.com reported on October 16 that Chief Executive Officer Rick Wurster said at a company briefing the previou

Circle Says First-Half Revenue Hit $1.4 Billion, With More Than $800 Million Paid to Partners

Circle, the issuer of USDC, said it generated about $1.4 billion in revenue in the first half of this year, with more than $800 million paid to distribution partners and transaction costs. On Oct. 16, Kash Razzaghi, Circle's chief business officer, w

Analysis: Bitcoin May Be Forming a Floor Near $80,000 as Stop-Loss Selloffs Repeatedly Precede Rebounds

Bitcoin may have formed a floor near $80,000. On-chain analytics firm Glassnode wrote on X on Oct. 16 that Bitcoin investors once again sold at a loss the previous day. It added that sharp increases in stop-loss selling in early August, mid-August an

Strategy Seeks Daily Dividends for STRC Preferred Stock Starting in November

Strategy, the world’s largest corporate holder of Bitcoin, is seeking to keep the annual dividend rate on its preferred stock Stretch (STRC) at 12% and shift to daily dividend payments. According to an 8-K filed with the US Securities and Exchange Co