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A hacker who attacked UXLINK has reportedly cashed out. On the 23rd (KST), LookonChain reported that the UXLINK hacker sold 49 million UXLINK tokens on a decentralized exchange (DEX), converted them to Ethereum (ETH), and cashed out $28.1 million wor
UXLINK confirmed signs of unauthorized token mining and launched an emergency response. On the 23rd, UXLINK said, "We have continuously detected a malicious actor illegally mining UXLINK tokens," and added, "We will take immediate action to protect t
The scale of UXLINK's security incident appears to be growing. On the 23rd (Korean time), UXLINK announced on its official X (formerly Twitter) that "a hacker issued 1,000,000,000 UXLINK tokens in an unauthorized form," saying "this issuance is a vio
Following Bitcoin (BTC), net outflows also occurred in Ethereum (ETH) spot exchange-traded fund (ETF) products. On the 22nd (local time), according to TraderT, the nine Ethereum spot ETFs recorded a net outflow of $76.1 million that day. Fidelity FET
Bitcoin (BTC) showed intraday weakness, leading to large net outflows from Bitcoin spot exchange-traded funds (ETF). According to TraderT on the 22nd (local time), the 11 Bitcoin spot ETFs recorded a total net outflow of $363.2 million that day. Only
Coinbase is providing Bitcoin (BTC) miner CleanSpark with a $100 million credit facility. According to Decrypt on the 23rd (KST), CleanSpark secured a $100 million credit facility from Coinbase Prime using its Bitcoin holdings as collateral. CleanSpa
Global social-based Web3 platform UXLINK announced on the 23rd that, regarding the recent security incident, it has frozen a substantial portion of the stolen assets in cooperation with major exchanges. UXLINK said on X (formerly Twitter), "The excha
On the previous day, Bitcoin (BTC) plunged intraday, and various factors were pointed to as causes. On the 23rd (Korean time), a contributor from crypto asset (cryptocurrency) analysis firm CryptoQuant's 'XWIN Research Japan' wrote in a report that "
Sweden-based DePIN (DePIN·decentralized physical infrastructure network) startup Wingbits announced on the 23rd that it selected South Korea's Korean Air as its first airline partner. Under this agreement, Wingbits will provide Korean Air with real-t
The Democratic Party is set to officially launch a Digital Asset Task Force (TF) on the 24th. According to industry sources on the 23rd, the Democratic Party will hold a launch ceremony for the 'Digital Asset TF' at 11 a.m. on the 24th in the Nationa
On the 23rd, according to cryptocurrency data provider Alternative.me, the virtual asset Fear & Greed Index fell 2 points from the previous day to 43. As of 9 a.m. that day, Bitcoin (BTC) was at 112,682 dollars on CoinMarketCap, down 2.25% from the p
The virtual asset (cryptocurrency) exchange Coinbase announced on the 23rd that Centrifuge (CFG) and Troll (TROLL) will be added to the listing roadmap.
The issuer of the world's largest stablecoin (a virtual asset whose value is linked to fiat currency), Tether, denied local reports that it had halted a $500 million virtual asset (cryptocurrency) mining operation in Uruguay. On the 22nd (local time)
<Today's Major Economic Schedule> ▶︎23rd (Tue) : △Korea August Producer Price Index (Korea time 06:00, US time 17:00 on 22nd), △EU September Manufacturing Purchasing Managers' Index (preliminary) (Korea time 17:00, US time 04:00) △EU September Servic
Shares of agricultural technology company AgriFORCE surged. Analysts say investor sentiment strengthened after the company announced an Avalanche (AVAX) reserve strategy. On the 22nd (local time), according to Nasdaq, AgriFORCE's stock closed at $5.7
According to BWE News on the 23rd (Korean time), the ticker for 21Shares' Dogecoin (DOGE) exchange-traded fund (ETF) has been registered with the U.S. Depository Trust & Clearing Corporation (DTCC). However, DTCC ticker registration is unrelated to t
Three years after the collapse of the virtual asset (cryptocurrency) exchange FTX, trials of key figures are still ongoing. While former FTX co-CEO Ryan Salame is pursuing a plea agreement, his wife Michelle Bond's alleged illegal political funding i
Korea Minting and Security Printing Corporation is halting the 'integrated electronic wallet' that it had been developing with a budget of 1.6 billion won after two years. According to the industry on the 23rd, the office of Rep. Jeong Tae-ho, the De
Artificial intelligence (AI) and blockchain technology appear to be emerging as core infrastructure for commerce (distribution) services. There are views that introducing a blockchain-based payment system to advanced AI agents could enable innovation
"The global capital markets are reaching new highs day by day, but behind that structural risks are accumulating. These include U.S. debt, population declines in Korea and Japan, and so on. In such a crisis, digital assets can be a solution." Lu Yin,
John Nahas, Ava Labs Chief Business Officer (CBO), said that the most basic blockchain business model, 'Layer 1 (L1)', needs change. At the global Web3 private conference 'Eastpoint: Seoul 2025' held on the 22nd at the Grand Hyatt Seoul in Yongsan-gu
Opinions were expressed that the stablecoin market will grow radically. This is based on expectations that emerging markets including Asia will grow and that traditional finance will adopt them. At the 'Eastpoint: Seoul 2025' event held on the 22nd a
Adeiny Abiodun, Co‑founder of Mistin Labs Christian Thompson, Director of the Sui Foundation Aiming for the 'next‑generation internet'… winning over big tech Will announce Korea‑targeted stablecoin business Participating as main sponsor of 'Eastpoint
Digital asset (cryptocurrency) asset manager Grayscale transferred a large amount of Ethereum (ETH) attributed to its exchange-traded fund (ETF) to a new address. This has led some to speculate that Grayscale may be preparing a new spot Ethereum ETF
A Bitcoin (BTC) whale that had been inactive for over 11 years has resumed activity. On the 17th (KST), crypto outlet The Block, citing on-chain analyst LookonChain's analysis, reported that an anonymous whale transferred 1,000 bitcoins to another ad
Net outflows occurred from Ethereum (ETH) spot exchange-traded funds (ETFs). On the 16th (local time), according to TraderT, the 9 Ethereum spot ETFs had net outflows of $61.8 million. Fidelity FETH and BlackRock ETHA had net outflows of $48.2 millio
Spot Bitcoin (BTC) exchange-traded funds (ETFs) continued to record net inflows. On the 16th (local time), according to TraderT, spot Bitcoin ETFs saw a total net inflow of $292,700,000 that day. BlackRock IBIT led with $209,600,000, followed by Fide
Web3 smartphone maker Nothing said on the 17th that it maintained US$200 million in its Series C investment round. In this Series C, Nothing's corporate valuation was assessed at US$1.3 billion (about 1.7 trillion won). The Series C round was led by