Uk Jin

Bitcoin withdrawals surge in Iran… ‘flight to assets’ as currency value collapses

As anti-government protests in Iran spread nationwide, bitcoin (BTC) withdrawals have been rising locally. A withdrawal refers to moving digital assets held on an exchange to a personal wallet. According to CoinDesk on the 16th (Korea time), blockcha

Ethereum Sees Stronger On-Chain Metrics as New Users Pour In

Activity indicators on the Ethereum (ETH) network have improved markedly. On the 16th (Korea time), digital-asset news outlet CoinDesk, citing Glassnode data, reported that the share of new Ethereum addresses has been rising over the past 30 days. Th

Token securities bill clears the National Assembly hurdle…OTC exchange approval remains ‘in limbo’

Legislation on token securities (STOs) has cleared the National Assembly. However, approval for an over-the-counter (OTC) token securities exchange was postponed amid controversy over the fairness of the review process. On the 15th, the National Asse

LucentBlock: "We understand regulators’ careful review… We will do our utmost to secure preliminary approval"

As the decision on preliminary approval for an over-the-counter (OTC) exchange for fractional-investment security tokens (STO) was postponed, LucentBlock—at the center of the controversy—expressed a positive stance toward the financial authorities’ d

Fairness controversy fallout? FSC puts off decision on preliminary approval for STO OTC exchange

South Korea’s Financial Services Commission (FSC) has failed to reach a decision on granting preliminary approval for an over-the-counter (OTC) exchange dedicated to fractional investment token securities (STOs). The FSC had been expected to announce

Rising Trend in Real Estate Investment Using Crypto Assets Across Europe

Reports say the number of high-net-worth individuals in Europe purchasing real estate using crypto assets (cryptocurrencies) is rapidly increasing. According to CoinDesk, a crypto-focused outlet, crypto payment app Brighty recently brokered more than

Crypto trader hacked after using public Wi‑Fi at a hotel

A crypto (virtual asset) investor was reportedly robbed of funds after using public Wi‑Fi. According to crypto outlet U.Today on the 10th (Korea time), a trader using the pseudonym “The Smart Ape” claimed that after using a hotel Wi‑Fi network, about

Dogecoin moves to expand in Japan…signs strategic partnership with Rayu and abc

Dogecoin (DOGE) is moving to target the Japanese market. According to CoinPost on the 10th (Korea time), “House of Doge,” a division of the Dogecoin Foundation, signed a strategic partnership with Rayu Japan and abc. The three parties will review pot

New Solana-based memecoin Whitewhale surges 38% from the previous day

As the crypto market moves sideways, some memecoins are posting sharp intraday gains. As of 8:50 p.m. KST on the 10th, CoinMarketCap data showed Whitewhale (WHITEWHALE) was up 37.99% from the previous day at $0.1465. Its market capitalization stands

Tether steps up tokenisation push…registers 'Hadron' trademark in Russia

Tether, the issuer of the US dollar-pegged stablecoin USDT, has registered a trademark in Russia for its real-world asset (RWA) tokenisation platform, Hadron. On the 10th (Korea time), crypto-focused outlet Cryptopolitan, citing Russia’s state news a

Polymarket signs exclusive partnership with the Golden Globe Awards

Prediction market Polymarket has entered into an exclusive partnership with the Golden Globe Awards in the United States. The aim is to expand viewer engagement by providing real-time data on audience predictions and discussions surrounding the resul

U.S. spot Bitcoin ETF sees $680 million in net outflows in the first week of the new year

U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) posted net outflows from the first week of the new year despite expectations of a market rebound. On the 10th (KST), Cointelegraph, a digital-asset (cryptocurrency) news outlet, cited data from SoS

Anti-DeFi group runs ads urging DeFi to be excluded from crypto market structure bill

A group opposed to decentralized finance (DeFi) is calling for DeFi-related provisions to be excluded from cryptoasset (cryptocurrency) market structure legislation. On the 10th (Korea time), crypto-focused outlet Cointelegraph reported that the anti

Hong Kong’s Financial Secretary: “Virtual assets are part of financial innovation…they must develop gradually under prudent regulation”

Hong Kong Financial Secretary Paul Chan voiced a positive stance on virtual assets (cryptocurrencies), while stressing the need for a cautious approach under regulation. On the 10th (Korea time), Chan appeared on Hong Kong public broadcaster RTHK and

Pump.fun acknowledges flaws in its existing fee regime…launches sweeping overhaul

Pump.fun, a Solana (SOL)-based meme-coin issuance platform, is moving to revamp its fee system. According to Cointelegraph, a cryptocurrency-focused outlet, on the 10th (Korea time) Alon Cohen, a co-founder of Pump.fun, said on X (formerly Twitter) t

'NFT Paris 2026' canceled amid slump in the NFT market

'NFT Paris 2026', regarded as one of the world’s largest non-fungible token (NFT) events, has been canceled about a month before its opening. According to Katenna on the 10th (Korea time), the organizers of NFT Paris officially announced the cancella

"The Department of Government Efficiency (DOGE) was dissolved early"… memecoin jumps 100,000% in a week

The memecoin DOGE (Department Of Government Efficiency) has surged over the past week. As of 3:40 a.m. on the 10th (KST), DOGE was trading at $0.1393, down 2.13% from the previous day on CoinMarketCap. While it posted losses on the day, it still mark

"U.S. Supreme Court not expected to rule today on Trump’s reciprocal tariffs"

On June 9 (local time), Walter Bloomberg, an economic breaking-news channel, reported that "the U.S. Supreme Court is not expected to issue a ruling today finding the tariff policy of the Donald Trump administration unconstitutional." The Supreme Cou

UK to introduce new regulatory framework for crypto assets…even currently registered firms must seek reauthorisation

The UK financial regulator is introducing a new regulatory framework to bring crypto assets (cryptocurrencies) into the regulated mainstream. According to CoinDesk, a crypto-asset industry publication, the Financial Conduct Authority (FCA) said in a

Will the US Supreme Court rule at midnight tomorrow on whether the reciprocal tariffs are unconstitutional? Global markets on alert

Speculation is growing that the US Supreme Court will issue a ruling at 10 a.m. local time on the 9th (midnight on the 10th in Korea) on the Donald Trump administration’s “reciprocal tariffs,” drawing intense attention from the market over the potent

U.S. adds 50,000 nonfarm jobs in December, below estimates

U.S. employment data for last month came in below market expectations. The U.S. Department of Labor said on Dec. 9 (local time) that nonfarm payrolls rose by 50,000 from the previous month in December. The figure fell short of the market forecast of

Ripple secures UK financial regulator approval

Blockchain-based cross-border payments company Ripple is expected to expand in earnest into the UK. According to CoinDesk, a cryptocurrency-focused media outlet, Ripple’s UK subsidiary “Ripple Markets UK” has obtained approval from the UK Financial C

BNY Mellon Launches Tokenized Deposits Service

BNY Mellon (BNY), the largest custodian bank in the United States, is moving to expand its business using digital assets. According to Bloomberg on the 9th (Korea time), BNY said in a statement that it will launch a blockchain-based “tokenized deposi

Polygon surges 12% from prior day…Investor sentiment strengthens on business expansion prospects

Polygon (POL), an Ethereum (ETH) Layer 2 network, is showing intraday strength. As of 8:50 p.m. on the 9th (Korea time), Polygon was trading at $0.1451, up 11.82% from the previous day on CoinMarketCap. Trading volume also rose 131.7% from the prior

Stablecoin payments firm Rain raises $250 million…valued at $1.95 billion

Rain, which provides stablecoin (crypto assets pegged to the value of fiat currencies) payment services, is reported to have recently secured a major fundraising round. According to Bloomberg on the 9th (Korea time), Rain said it has completed a $250

"Zcash sees sharp drop in developer activity over past two months… token price also falls amid governance dispute"

Network activity for privacy-focused crypto asset (cryptocurrency) Zcash (ZEC) appears to have deteriorated sharply in recent weeks. On the 9th (KST), crypto news outlet Cointelegraph, citing data from Santiment, reported that Zcash’s developer activ

Colombia to require crypto exchanges to submit transaction and user data, tightening tax reporting obligations

The Colombian government is tightening tax reporting requirements for virtual asset (cryptocurrency) exchanges. According to Atlas21 on the 9th (Korea time), Colombia’s National Tax and Customs Directorate (DIAN) announced Bill No. ‘000240’ on Dec. 2

SharpLink stakes $170 million worth of Ethereum on Linea

SharpLink Gaming (SharpLink), an Ethereum (ETH) treasury company, has staked a large amount of Ethereum. According to Decrypt, a virtual-asset (cryptocurrency) news outlet, on the 9th (Korea time) SharpLink staked $170 million (about KRW 230 billion)

Bitcoin Falls Below $90,000

New York state reintroduces bill to regulate prediction markets… "Seeks to ban political and single-game betting"

A bill has been introduced in New York state to tighten regulation of prediction markets. According to Cointelegraph, a cryptocurrency-focused media outlet, on the 9th (Korea time), the New York State Legislature reintroduced a bill centered on banni