Uk Jin

Cboe Files With SEC to List 3x Bitcoin, Ether ETFs

A leveraged exchange-traded fund tied to digital assets may be moving closer to market. Cboe BZX Exchange, part of Cboe Global Markets, filed a proposed rule change with the US Securities and Exchange Commission to list six ETFs designed to deliver t

JPMorgan Boosts Digital-Asset ETF Holdings in Downturn, Quadruples Ethereum Position

JPMorgan Chase increased its holdings of exchange-traded funds tied to digital assets, Cointelegraph reported on Aug. 14. A 13F filing with the US Securities and Exchange Commission showed the bank held about 10.4 million shares of BlackRock’s spot B

Binance to Halt Processing of Deposits, Withdrawals Tied to 11 Digital-Asset Platforms Including HTX

Binance, the world’s largest digital-asset exchange, will restrict transactions linked to 11 digital-asset platforms, including HTX. Starting Aug. 23, Binance will stop processing deposits and withdrawals involving 11 platforms and service providers,

SanDisk Vows to Return 100% of Free Cash Flow to Shareholders, Fueling Focus on SK Hynix Payout

SanDisk to use 100% of free cash flow for dividends and buybacks Shares surge 13.7% SK Hynix also poised to announce shareholder returns in the third quarter Estimates for the payout range from 40 trillion won ($28.9 billion) to 100 trillion won ($72

Altcoin ETF Plans Are Being Withdrawn as Crypto Slump Saps Demand

Interest in altcoins is dropping sharply as the digital-asset market remains weak, Bloomberg reported. As a result, a string of exchange-traded fund plans tied to altcoins that had been scheduled for launch this year have been withdrawn. Bloomberg re

Ireland Tightens Anti-Money Laundering Rules for Digital-Asset Wallet Transactions

Ireland plans to tighten anti-money laundering rules for transactions involving digital-asset wallets. Decrypt reported on August 14 that the Irish government had unveiled its first national anti-money laundering strategy, including regulations for d

US July Retail Sales Fall 0.6%, Missing Forecasts

U.S. retail sales fell in July. The Commerce Department said on August 14 that retail sales dropped 0.6% from the previous month in July, below economists' forecasts for a 0.1% gain. Core retail sales, released at the same time, also fell 0.3% from a

Strategy Pushes Back on MSCI Review of Index Exclusions, Says Digital Assets Are Assets

Strategy, the listed company with the world's largest Bitcoin holdings, has pushed back against MSCI's proposed revision to its index exclusion criteria. In a post on X on August 14, the company said "digital assets are assets" and that an index prov

Gemini Posts $107.7 Million Second-Quarter Net Loss as Trading Volume Drops 66%

Digital-asset exchange Gemini posted a net loss of more than $100 million in the second quarter as a steep decline in digital-asset trading volume weighed on its exchange business despite higher revenue. Cointelegraph reported on August 14 that Gemin

Bitcoin Whales Accumulated 54,400 BTC in Two Months, but Price Remains Rangebound

Bitcoin whales have accumulated large amounts of the cryptocurrency over the past two months. Even so, Bitcoin remains stuck in its recent trading range. On August 14, CryptoQuant contributor Woo Min-kyu wrote that whales holding more than 100 BTC ha

Trump Family’s WLFI Delays Maldives Resort Token Sale

World Liberty Financial, the digital-asset project led by US President Donald Trump’s family, has delayed a token sale tied to a Maldives resort venture. Bloomberg reported on August 14 that World Liberty Financial and its partners postponed the sale

Kraken Operator Payward’s Second-Quarter Operating Profit Plunges 71%

Payward, the operator of digital-asset exchange Kraken, reported weak second-quarter results. Bloomberg reported on August 14 that Payward’s second-quarter operating profit plunged 71% from a year earlier to $23 million. Revenue rose 17% to $508 mill

Analysis: Bitcoin Long-Term Holder Activity Picks Up, but It’s No Clear Sell Signal

Bitcoin held by long-term investors is starting to move again, though the shift does not necessarily point to selling, according to a new analysis. Axel Adler Jr., a CryptoQuant contributor, wrote on X on Aug. 14 that Bitcoin’s Average Coin Dormancy

RedotPay Delays US IPO Amid Regulatory Hurdles, Binance Suit

RedotPay, a digital-asset card company, has delayed plans for an initial public offering in the US market. Bloomberg reported on August 14 that the company had postponed the IPO as it seeks regulatory approvals for its US expansion, according to peop

Bybit Lists Perpetual Futures on Samsung Electro-Mechanics, Hanmi Semiconductor, LG Electronics, Naver

Bybit, a global digital-asset exchange, is launching perpetual futures tied to major South Korean stocks. Odaily reported on August 14 that Bybit listed six new perpetual futures contracts that day, including Samsung Electro-Mechanics, Hanmi Semicond

Pump.fun Co-Founder Says Reduced Community Engagement After Fundraising Was a Mistake

Pump.fun co-founder Noah Tweedale said scaling back communication with the community after fundraising was a mistake. Wu Blockchain reported on August 14 that Tweedale made the remarks in an interview with Crypto Insider. He said the team's reduced s

Eurozone Online Businesses Accept Digital-Asset Payments at Just 0.2%, ECB Survey Finds

Online businesses across the euro area are barely accepting digital assets as a form of payment, a survey showed. Cointelegraph reported on August 14, citing a European Central Bank survey on business cash usage, that just 0.2% of online businesses i

Dunamu Posts $28.1 Million in Second-Quarter Net Profit as Revenue Falls 39%

Dunamu, the operator of digital-asset exchange Upbit, said on Aug. 14 that its second-quarter net profit fell 60% from a year earlier to 38.9 billion won ($28.1 million). Revenue declined 39.2% to 173.5 billion won ($125.3 million), while operating p

Bithumb Reports $15.7 Million Second-Quarter Net Loss as Revenue Falls 35.8%

Bithumb, the South Korean digital-asset exchange, posted a net loss in the second quarter. The company recorded a net loss of 21.8 billion won ($15.7 million) in the quarter, according to the digital-asset industry on Aug. 14. That compared with a ne

SEC Cancels Meeting on Digital-Asset Regulation

The U.S. Securities and Exchange Commission canceled a public meeting that had been scheduled to discuss a new regulatory proposal for digital assets. Cointelegraph reported on August 14 that the SEC had canceled the meeting planned for that day. The

Analysis: Bitcoin Volatility May Rise as ADX Falls to Two-Year Low

Bitcoin’s volatility may be poised to increase soon, according to a market analysis, as the average directional index, or ADX, has fallen to its lowest level in more than two years. The drop suggests the prolonged period of range-bound trading may be

LG CNS Develops Platform for Stablecoin Issuance, Trading and Distribution

LG CNS is developing a platform to support stablecoins from issuance to trading and distribution. Digital Asset reported on Aug. 14 that LG CNS said in its semiannual report that it is developing a platform for stablecoin issuance, trading and distri

Trezor Customer Data Leak Exposes 14,000 Users Through Shipping Partner Hack

Trezor users were hit by a customer data breach, though the incident did not stem from Trezor’s own systems. The data was exposed through the hardware wallet maker’s distribution network. CoinDesk reported on August 14 that Trezor’s logistics and shi

TRON Ecosystem Projects Conduct Major Token Buybacks, Burns in Second Quarter

Major projects in the TRON ecosystem carried out large-scale token buybacks and burns in the second quarter. On Aug. 14, JUST DAO wrote on X, formerly Twitter, that major TRON ecosystem projects including JUST (JST), SUN and BitTorrent (BTT) reduced

Chiliz Adds Brazilian Soccer Club Fan Tokens to Solana

Chiliz, the blockchain-based sports entertainment project, said on August 12 that it is bringing fan tokens for major Brazilian soccer clubs to the Solana network, including Flamengo (MENGO), Palmeiras (VERDAO), Fluminense (FLU), Vasco da Gama (VASCO

Coinone Unveils Brand Experience Zone Program for Waterbomb Sokcho 2026

Coinone, a South Korean digital-asset exchange, said on Aug. 12 that it had unveiled its brand experience zone program for Waterbomb Sokcho 2026. Coinone will participate in Waterbomb Sokcho 2026 as the main title sponsor at Hanwha Resort Seorak Sora

Bonanza Factory Holds Seminar on Global Financial Crime Threats and K-Security Cooperation Model

Bonanza Factory, a digital-asset compliance company, said Aug. 11 that it took part in a seminar at Seoul's Coex on global financial crime threats and a K-security cooperation model, where it presented the latest trends in cross-border financial crim

Cyprus to Begin On-Site Inspections of Digital-Asset Custody Providers

Cyprus financial authorities are set to begin on-site inspections of digital-asset custody providers. Bitcoin News reported on August 9 that the Cyprus Securities and Exchange Commission, or CySEC, plans to select some local crypto-asset service prov

This Week’s Key Economic and Crypto Events: US July CPI on Tap

Key economic events this week ▶︎Monday, August 10: None ▶︎Tuesday, August 11: △Australia interest-rate decision (1:30 p.m. Korea time, 2:30 p.m.) △US July home sales (11 p.m. Korea time, 10 a.m.) ▶︎Wednesday, August 12: △South Korea July unemployment

Analysis: Bitcoin’s $65,300 Break Is the Key Level to Watch

Bitcoin is facing a key resistance level at $65,300. Digital-asset analyst Killa wrote on X, formerly known as Twitter, on August 9 that Bitcoin is running into resistance at $65,300, its current weekly high. If it decisively reclaims that level, the