Uk Jin

Lithuania Tightens User-Data Collection, Transaction Reporting Rules for Digital-Asset Firms

Lithuania is tightening requirements for digital-asset service providers to collect user information and report transaction records. Bitcoin.com reported on October 10 that Lithuania's State Tax Inspectorate recently revised Regulation VA-63 to speci

[Analysis] Pudgy Penguins Keeps Uptrend Intact; Break Above $0.011 Could Spur Further Gains

Pudgy Penguins (PENGU) is maintaining its upward trend despite a recent decline, analyst Ali Martinez said. Writing on X, formerly Twitter, on Oct. 10, Martinez said PENGU was holding support after meeting resistance and could form a new low above it

Bitdeer Mines 300.6 Bitcoin This Week, Sells Entire Amount

Bitdeer, a Bitcoin mining company, said on X, formerly Twitter, on October 10 that it mined 300.6 Bitcoin over the past week. It sold all of the mined Bitcoin, keeping its Bitcoin holdings at zero.

Analysis: Bitcoin Volatility Has Fallen Since 2018, but 3-Sigma Price Swings Have Become More Frequent

Bitcoin's overall price volatility has fallen sharply from past years, but unusually large swings are occurring more often. CoinDesk reported on October 10 that Bitcoin has recorded 10 so-called 3-sigma moves this year, defined as price swings that e

US Moves to Tailor Crypto Taxes for Stablecoins, Staking While South Korea Lags

A bill introduced in the US would create more tailored tax rules for digital assets based on how they are used. The measure is intended to make digital assets easier to use by refining the tax code. In South Korea, by contrast, criticism is growing t

US Initial Jobless Claims Total 197,000, Below Forecast

U.S. initial jobless claims came in below market expectations last week. The Labor Department said on October 8 that initial jobless claims totaled 197,000 last week. That was 3,000 below economists' forecast of 200,000 and 2,000 lower than the prior

Iran FM Says US Reviewing Tehran Proposal, Response Expected Within Days

Attention is focused on whether negotiations between Iran and the US can be brought to a close. Iranian Foreign Minister Abbas Araghchi told Tasnim News Agency on October 8 that talks are still underway, with messages passing between the two sides th

RAFA Protocol Launches AI-Powered On-Chain Fund Management Service on Base

RAFA Protocol, an AI-based fund management protocol, has launched its service on Base. Cointelegraph reported on October 8 that RAFA Protocol unveiled an on-chain fund management service on the Base network that day. The service is designed to record

Hong Kong Virtual-Asset Trading Fee Revenue Falls 13.5% in First Half

Fee income from virtual-asset trading at Hong Kong securities firms fell in the first half of this year. Odaily reported on October 8 that the Securities and Futures Commission said in a report on the financial position of the securities industry tha

Tom Lee Says BitMine Will Stop Buying Ether After Reaching 5% of Circulating Supply

BitMine said it plans to stop buying Ether after reaching 5% of the token’s circulating supply. BlockBeats reported on October 8 that BitMine Chairman Tom Lee made the remarks at the Token2049 event in Singapore. He called 5% of Ether’s circulating s

Explosions Rock Saudi Capital Riyadh in Houthi Attack

EU to Phase Out Unauthorized Stablecoins Under MiCA by Jan. 8

The European Union is tightening regulation of stablecoins that do not comply with its Markets in Crypto-Assets regulation, or MiCA. The European Securities and Markets Authority urged digital-asset service providers in the EU to stop offering servic

Hyperliquid Founder Jeff Yan Says He Would Focus on Options Trading if Starting Over Today

Jeff Yan, founder of decentralized derivatives exchange Hyperliquid, said he sees growth potential in the digital-asset options market. BlockBeats reported on October 8 that Yan said in an interview he would study options trading if he were starting

Samsung Wallet to Launch USDC Transfers in the US in Late October

Samsung Electronics will add USDC transfer capabilities to its Samsung Wallet payments app, with the service scheduled to launch later this month for Galaxy users in the US. Cointelegraph reported on October 8 that Samsung plans to offer the feature

South Korea FSC to Probe Financial Institutions’ Role in KOK Coin Scandal, Tighten Cooperation With Investigators

South Korea’s Financial Services Commission said it will examine whether financial institutions were involved in the KOK Coin scandal, which caused about $1.88 billion in losses. Edaily reported on October 8 that FSC Chairman Kim Byoung-hwan made the

Solidigm Picks Goldman, Morgan for US IPO, Valuation Could Reach $100 Billion

Bloomberg: Lead Underwriters Chosen SK Hynix: Nothing Has Been Finalized Solidigm, the U.S. NAND flash company owned by SK Hynix, has selected lead underwriters for a U.S. stock market listing. If it goes public next year, its market capitalization c

NEAR Protocol Surges 138% in a Month, Enters Top 20 by Market Capitalization

NEAR Protocol has surged over the past month, lifting the token into the top 20 digital assets by market capitalization. As of 5:25 p.m. on October 8, NEAR was trading at $5.36, up 4.17% from a day earlier. Its market capitalization stood at about $7

24 Hours Too Long: South Korea’s FSC Seeks Faster Hacking Incident Reports

AI Speeds Up Hacking, Prompting Rewrite of Electronic Finance Rules Security Vulnerability Checks to Be Increased to at Least Twice a Year South Korea’s financial authorities are moving to shorten the time financial firms have to report hacking breac

Standard Chartered Plans Digital-Asset Custody Service for Institutions in Singapore

Standard Chartered plans to launch a digital-asset custody service for institutional investors in Singapore. Cointelegraph reported on Oct. 8 that the bank said in a statement the same day it plans to offer the service to institutional investors and

Deus X Capital to Wind Down After 3 Years as Investors Split and Pivot to AI

Deus X Capital, a digital-asset and fintech investment firm, is winding down three years after it was founded. CoinDesk reported on October 8 that Deus X Capital ceased operations after its key investors decided to pursue separate investment strategi

AI Could Breach Crypto Wallet Security Before Quantum Computers, Ethereum Researcher Says

Advances in artificial intelligence could undermine the security framework of digital-asset wallets before quantum computers are commercialized, according to a warning cited by Wu Blockchain on October 8. Justin Drake, a researcher at the Ethereum Fo

Greece Seeks 10% Tax on Digital-Asset Capital Gains, Exempting Up to 500 Euros a Year

Greece is moving to impose a 10% tax on capital gains from digital assets. Reuters reported on October 8 that the Greek government had released a draft bill that would apply a 10% tax rate to digital-asset capital gains and opened it for public comme

Min Byung-deok Says Lucent Block Was Excluded From STO Exchange Licensing; FSC Defends Fair Process

Criticism surfaced that Lucent Block, a fractional investment distribution platform, was not evaluated fairly after failing to obtain a license to operate a tokenized securities, or STO, exchange. Speaking at the National Assembly Political Affairs C

Kospi Falls 2.6% to Close at 6,625.93 as Foreign, Institutional Investors Sell

Toss, Gwangju Bank Complete Proof of Concept for Stablecoin QR Payments

Toss said on October 8 that it had completed a proof of concept for stablecoin-based QR code payments with Gwangju Bank. The test was designed to verify a payment scenario in which a Gwangju Bank customer uses stablecoins at an offline store through

Ripple Broadens Wall Street Push With Financing for U.S. Leveraged ETFs

Ripple has entered the business of providing financing to U.S. leveraged exchange-traded funds, CoinDesk reported on Oct. 8, citing The Wall Street Journal. Ripple Prime, the company’s prime brokerage unit, is supplying financing to leveraged ETFs th

Bonanza Lab to Provide Digital-Asset Market Data to Jeonbuk Bank’s SSoC Bank

Bonanza Lab, a digital-asset data company, said on October 8 that it had signed a data supply agreement with Jeonbuk Bank and would provide digital-asset market information to the bank’s mobile financial platform, SSoC Bank. The arrangement marks the

Aptos Unveils 'MonoMove' Blockchain Upgrade for Institutional Finance

Aptos Labs, the company behind Aptos (APT), said on October 7 that it had unveiled an infrastructure upgrade called MonoMove to help global financial institutions build blockchain-based trading and settlement systems. MonoMove is an upgrade proposal

Rialo Deepens South Korea Push, Says It Aims to Become a Blockchain for Institutions [Cointerview]

Interview with Bobby Zagotta, Chief Business Officer at Rialo Finance veteran with stints at CME and Kraken "Aiming to build a blockchain for institutions" Discussing PoCs with South Korean financial firms "We won't rush a token launch" "It is very e

Ripple-Backed AI Trust Infrastructure t54 Bets on Safer Agent Payments [Coin Interview]

Interview with t54 Founder Chandler Pang 'Trust' Needed for AI Agents to Go Mainstream Infrastructure Provider Named an x402 General Member 'XRPL Is Well Suited to AI-Agent Transactions' 'Seeking Partnerships With Korean Companies' "Artificial intell