Uk Jin

X signals rollout of feature enabling direct crypto trading from the timeline

Social media platform X (formerly Twitter) is set to introduce a feature that will allow users to trade virtual assets (cryptocurrencies) directly from their timelines. On the 14th (Korea time), Nikita Bier, X’s head of product, said on X, “We plan t

ARK Invest buys back $15 million worth of Coinbase shares

ARK Invest, the U.S. asset manager led by Cathie Wood, has bought Coinbase shares again following a recent large-scale selloff. According to Cointelegraph on the 14th (local time), ARK Invest purchased about $15.2 million (about 20 billion won) worth

AI-Related Tokens Rally Intraday…Bittensor, Virtual and Others

As the cryptoasset (cryptocurrency) market rebounds intraday, gains in artificial intelligence (AI)-related cryptoassets are standing out. As of 6:20 p.m. on the 14th (KST), Bittensor (TAO) was trading at $207.21, up 32.18% from the previous day. At

Virginia moves to tighten rules on crypto ATMs, stepping up safeguards against fraud

The U.S. state of Virginia is pushing legislation to regulate the operation of crypto (cryptocurrency) ATMs, ramping up consumer protection. The move is seen as an effort to establish a formal framework at the state level as fraud schemes exploiting

"Japan likely to raise policy rate in April"…Unwinding risk for the 'yen carry trade' emerges

Speculation is growing that the Bank of Japan (BOJ) could raise its policy rate to 1% in April. If Japan, which has maintained an ultra-low interest rate stance for an extended period, moves to hike rates, it is expected to generate significant rippl

Multicoin Capital backs framework to route Aave revenue to the DAO… “Disbursements should be phased”

Multicoin Capital, a crypto asset (cryptocurrency) investment firm, said it supports a framework proposed by Aave Labs to allocate 100% of revenue from Aave-branded products to the decentralized autonomous organization (DAO). Vishal Kankani, a princi

Blockchain lender Figure says data leaked in hack

Blockchain-based lender Figure Technology said some data was leaked in a hack that used social engineering techniques (a method that targets people rather than employing sophisticated hacking attacks). According to Cryptopolitan on the 14th (Korea ti

Amid a string of bitcoin losses… Ki Young Ju points out: “U.S. law enforcement has lost 0”

Ki Young Ju, CEO of CryptoQuant, criticized South Korean investigative authorities’ system for seizing and managing custody of virtual assets (cryptocurrencies). In a post on X (formerly Twitter) on the 14th (Korea time), Ju said, “While the U.S. gov

"U.S. Defense Department likely to add Alibaba and other Chinese firms to list over 'suspected support for China's military'" [Reuters]

"Signs of renewed U.S.-China tensions" The Pentagon is expected to add prominent Chinese companies to a list of firms suspected of aiding China’s military capabilities. On the 13th (local time), Reuters, citing sources, reported that the Donald Trump

U.S. January Consumer Price Index (CPI) up 2.4%…below market expectations

The U.S. January Consumer Price Index (CPI) rose less than market expectations. The Bureau of Labor Statistics (BLS), under the U.S. Department of Labor, said on the 13th (local time) that last month’s CPI increased 2.4% year on year. That is 0.1% po

Another violent crime targeting crypto in France… three suspects arrested over attempted break-in at Binance France chief’s home

Suspects who attempted to break into the home of the head of Binance’s France branch have been arrested by police. According to local media including RTL on the 13th (local time), at around 7 a.m. the previous day, three masked intruders broke into a

US Treasury Secretary: "Markets will be relieved once crypto legislation becomes clearer"

21Shares to pay Solana staking rewards to ETF holders

21Shares said on the 13th that it will distribute rewards generated from staking Solana (SOL) to investors in its exchange-traded fund (ETF). The staking rewards will be paid to holders of the “21Shares Solana ETF (TSOL).” The payout is $0.316871 per

Trump family’s American Bitcoin tops 6,000 BTC holdings

American Bitcoin, a Bitcoin (BTC) mining company run by the sons of President Donald Trump, has surpassed 6,000 BTC in holdings. According to Arkham Intelligence on the 13th (Korea time), American Bitcoin held 6,028 BTC as of that day. That amounts t

CalPERS Buys More Strategy Shares

The California Public Employees' Retirement System (CalPERS), the largest U.S. public pension fund, has been found to have purchased additional shares of Strategy, the biggest corporate holder of Bitcoin (BTC). According to Bitcoin Treasuries.net on

Brazil’s lower house submits amendment for a ‘strategic Bitcoin reserve’…to buy 1 million over five years

An amendment to a bill that would incorporate Bitcoin (BTC) as a strategic reserve asset has been submitted in Brazil. According to the official website of Brazil’s lower house on the 13th (KST), the Chamber of Deputies’ Committee on Economic Develop

BlackRock: “Claims of massive liquidations from Bitcoin ETFs?…Not true”

As spot Bitcoin exchange-traded funds (ETFs) are being cited as one of the key factors behind Bitcoin (BTC)’s recent weakness, BlackRock, the manager of the largest spot Bitcoin ETF, IBIT, pushed back against that narrative. According to the industry

Strategy preferred shares rebound to $100 in two weeks… “Expected to expand capacity to buy bitcoin”

STRC, the preferred stock issued by Strategy, the world’s largest corporate holder of bitcoin (BTC), has recovered the $100 level in about two weeks. According to Cryptopolitan on the 13th (Korea time), STRC rose as high as $100.03 intraday, moving b

[Analysis] "Bitcoin deposits into Binance top $7.5 billion… similar to past bear markets"

In the bitcoin (BTC) market, an increase in exchange inflows and a simultaneous decline in the supply of stablecoins (cryptoassets pegged to the value of fiat currencies) have been observed, raising the possibility of a liquidity squeeze. On the 13th

Mirae Asset Consulting secures 92% stake in Korbit

Mirae Asset Consulting has acquired the stake in virtual asset exchange Korbit previously held by NXC and SK Planet. According to a disclosure filed with DART on the 13th (Korea time), Mirae Asset Consulting reported that it acquired 26,905,842 commo

Lucentblock rebuts FSC assessment criteria: "The 51% stake claim is not true"

Lucentblock, which failed to pass the preliminary licensing review for an over-the-counter exchange for fractional investing, raised questions over the Financial Services Commission’s (FSC) assessment. On the 13th (Korea time), Heo Se-young, CEO of L

US prosecutors warn of crypto-targeting ‘romance scams’ ahead of Valentine’s Day

Concerns have been raised that romance scams targeting virtual assets (cryptocurrencies) could surge ahead of Valentine’s Day. According to Decrypt on the 13th (Korea time), the U.S. Attorney’s Office for the Northern District of Ohio said in a notic

Anonymous whale investor deposits 10,700 Bitcoin to Binance over the past three days

A whale investor has been found to have deposited a large amount of Bitcoin (BTC) to Binance. According to The Data Nerd on the 13th (Korea time), a wallet address starting with "3NVeX" deposited 2,535 Bitcoin to Binance about two hours ago. The whal

Israel arrests two military personnel accused of betting on Polymarket using classified information

A case of misuse of prediction markets has emerged in Israel. According to Cointelegraph, a virtual-asset (cryptocurrency) news outlet, Israeli authorities have arrested and indicted two military personnel for placing bets on Polymarket using classif

Gangnam Police Station loses 22 bitcoins held in custody

According to industry sources on the 13th (Korea time), 22 bitcoins (BTC) that the Seoul Gangnam Police Station had been holding during an investigation were leaked outside. The Gangnam Police Station had been keeping the 22 bitcoins after receiving

XRPL expands escrow coverage to all issued tokens, including stablecoins

Ripple’s blockchain, the XRP Ledger (XRPL), has rolled out an upgrade that extends its escrow feature to all issued tokens. According to BeInCrypto on the 13th (Korea time), the XRPL team said it activated the “XLS-85” amendment the previous day. The

Russia Approves Framework for Real-World Asset Tokenization

Russia’s government has reportedly formally approved a framework to tokenize real-world assets—including real estate and intellectual property (IP)—using blockchain technology. According to CoinDesk on the 13th (Korea time), Russia’s Ministry of Fina

ETHZilla Launches Aircraft Jet Engine Token

ETHZilla (ETHZilla), a crypto reserve company, is launching a token backed by jet engines leased to U.S. airlines as the underlying asset. According to Cointelegraph, a crypto-focused media outlet, on the 13th (Korea time), ETHZilla said it will issu

Bitcoin falls below $66,000

Matrixport: “Bitcoin Has Entered a Bear Market…The Real Bottom Is Still Ahead”

As Bitcoin (BTC) continues to trend lower, an analysis has emerged that the market has entered a bear phase. In particular, it argues that Bitcoin has not yet reached the price floor that marks the cycle low. On the 13th (Korea time), crypto (cryptoc