Uk Jin

[Analysis] "XRP maintains stable price despite whale deposits"

An analysis found that despite large whale deposits of XRP to Binance, the price showed a stable trend. On the 15th (Korean time), an ArabChain CryptoQuant contributor wrote in a report that "a large amount of whales' XRP flowed into Binance," but an

[Today's Major Economic & Cryptocurrency Schedule] South Korea August Trade Balance, etc.

<Today's Major Economic Schedule> ▶15 (Mon) : △South Korea August trade balance (Korean time 11:00, U.S. time 22:00) △EU July trade balance (Korean time 18:00, U.S. time 5:00) <Today's Major Cryptocurrency Schedule> ▶15 (Mon) : △Sei(SEI) token 55,560

Amazon posts job listing for head of virtual asset ecosystem

It is being watched whether Amazon, the world's largest e-commerce company, will enter the virtual asset (cryptocurrency) market. On the 14th (local time), according to The Bitcoin Historian, Amazon recently posted a job listing for the 'Head of Virt

Native Market Obtains Issuance Rights for Hyperliquid Stablecoin USDH

Native Market won the bidding competition for USDH, the dedicated stablecoin (a crypto asset pegged to fiat currency) of the decentralized exchange (DEX) Hyperliquid (HYPE). On the 14th (local time), crypto-focused media Cointelegraph reported that t

Blockchain emerging as an innovation in the football market…potential to streamline the transfer system

Blockchain technology is emerging as a solution in the global football market. It is said that the problems caused by astronomical transfer funds in the football market can be solved through blockchain-based fast payment processing and access to the

PumpFun challenges the live streaming market… "Has beaten Rumble"

The Solana (SOL)-based memecoin launchpad PumpFun (PUMP) has thrown down the gauntlet to the live streaming market. On the 14th (local time), according to Cryptopolitan, a media outlet specialized in virtual assets (cryptocurrencies), Alon Cohen, co‑

Pakistan launches virtual asset regulator

The Pakistani government has launched a new virtual asset (cryptocurrency) regulator. On the 14th (local time), according to crypto-focused media The Block, Pakistan's finance ministry has set up the Pakistan Virtual Asset Regulatory Authority (PVARA

Enso launches unified issuance layer for stablecoins 'OneStable'

Blockchain development automation platform Enso said on the 12th that it launched a unified issuance layer for stablecoins (virtual assets pegged to fiat currency) called 'OneStable'. The launch included cross-chain developers LayerZero, Stargate, an

Signum Bank integrates Bybit into custody platform

Global crypto asset (cryptocurrency) bank Signum said on the 9th that it has integrated the crypto exchange Bybit into its off-exchange custody platform 'Signum Protect'. Through this cooperation, Signum Bank plans to provide Bybit's 75 million custo

Kazakhstan to introduce national virtual asset reserve and promote blockchain city development

Central Asian country Kazakhstan is adopting blockchain and virtual assets (cryptocurrencies) at the national level. On the 9th (Korean time), according to virtual asset specialized media Coindoo, Kazakhstan President Kassym-Jomart Tokayev said in hi

[Analysis] "Bitcoin, Accumulation Demand Surges"

Accumulation demand for Bitcoin (BTC) appears to be rising rapidly. On the 9th (Korean time), DarkPost, a contributor to CryptoQuant, analyzed in a report that "the demand of 'accumulation wallets' that have never sold Bitcoin is recording an all-tim

Money Tree Sister buys $4.5 million of Bitmain shares… Robinhood sells

Ark Invest, led by Cathie Wood, has reportedly made a large purchase of shares in Bitmain Emergence Technologies (hereafter Bitmain), an Ethereum (ETH) holding company. On the 8th (local time), according to crypto-focused outlet The Block, Ark Invest

[Today's global coins of interest] Solana·Hyperliquid·OpenLeisure etc.

According to Kaito's Token Mindshare (an AI-based Web3 search platform Kaito's Token Mindshare·a metric that quantifies a specific token's influence in the crypto asset market) top gainers, as of the 9th the top five crypto-related keywords people ar

Bitcoin exceeds 112,000 dollars

Changpeng Zhao "Web3 will redefine Web2's security"

After a well-known developer's software was hacked and nearly caused a major incident, there were claims that Web3 could address such security vulnerabilities. On the 9th (Korean time), Changpeng Zhao, founder of Binance, emphasized on X (formerly Tw

Teneo Sells 2.25 Million Worldcoin

Teneo, the liquidator of Three Arrows Capital (3AC), sold a large amount of Worldcoin (WLD). On the 9th, according to LookonChain, Teneo sold 2.25 million Worldcoin that day. As of 12:40 PM that day, Worldcoin's price had surged 51% from the previous

Virtual Protocol completes security inspection…website resumes normal operation

The artificial intelligence (AI) agent virtual asset (cryptocurrency) project Virtual Protocol (VIRTUAL) announced on the 9th that it had completed a security inspection and restored normal operation of all websites. On the day, Virtual Protocol said

US Ethereum Spot ETFs Fail to Turn to Net Inflows… Large Outflows from BlackRock

Ethereum (ETH) spot exchange-traded funds (ETFs) continued a trend of net outflows. On the 8th (local time), Trader T reported net outflows of $96.7 million from Ethereum spot ETFs that day. Fidelity FETH (+$75.2 million), Grayscale EHTE (+$11.3 mill

U.S. Department of Justice sues Bitcoin ATM operator 'Athena'..."Exploitation of the vulnerable"

The U.S. Department of Justice has filed a lawsuit against local Bitcoin (BTC) automated teller machine (ATM) operator Athena Bitcoin for financial exploitation. According to the DOJ website on the 8th (local time), Brian Schwalb, Washington D.C. Att

U.S. Bitcoin spot ETFs, $364.3 million net inflows

Net inflows were recorded in Bitcoin(BTC) spot exchange-traded funds(ETF). On the 8th (local time), according to TraderT, a total of $364.3 million in net inflows occurred across 11 Bitcoin spot ETFs. Fidelity FBTC accounted for most of the net inflo

Many Ethereum treasury companies are insolvent…"Concerns about selling pressure"

Ethereum (ETH) treasury companies that designated Ethereum as a reserve asset have seen their market-to-net-asset-value ratio (mNAV) fall below 1. mNAV is the company's market value divided by its net asset value (NAV). On the 9th (Korea time), The D

Hecto Financial to conduct RLUSD payment demonstration in Korea on the 25th

Hecto Financial announced on the 9th that it will conduct a payment demonstration using Ripple's stablecoin (RLUSD) at the Korea Blockchain Week (KBW) event to be held on the 25th. This payment event will be held together with virtual asset (cryptocu

China's Ant Digital puts $8 billion worth of energy assets on blockchain

China's electronic payments firm Ant Group appears to be accelerating the digitization of assets using blockchain. On the 9th (Korean time), Bloomberg reported that Ant Digital, a subsidiary of Ant Group, connected energy infrastructure assets worth

U.S. House directs Treasury to establish custody plan for 'Bitcoin reserves'

On the 9th (Korea time), according to Bitcoin Magazine, a U.S. House committee introduced bill HR5166 ordering the establishment of a custody and management plan for the federal government's strategic Bitcoin reserves. The bill appears to include pla

Anonymous whale withdraws 20,000 Ethereum… worth about 120 billion won

A large amount of Ethereum (ETH) was withdrawn from an exchange. On the 9th (Korean time), according to OnChainLens, two addresses believed to belong to the same whale withdrew 20,000 Ethereum from Coinbase. As of 9 a.m. that day, Ethereum was $4307,

Crypto Fear and Greed Index records 48 points… remains at neutral level

According to virtual asset (cryptocurrency) data provider Alternative, the crypto fear and greed index recorded 48 points, down 3 points from the previous day. As of 9 a.m. that day, Bitcoin (BTC) was trading at $112,056 on CoinMarketCap, up 0.84% fr

MixFinance surges 316% intraday

MixFinance (MYX) is showing a sharp intraday surge. As of 8:57 a.m. on the 9th (Korea time), MixFinance is trading at 14.10 dollars, up 316.28% from the previous day, according to CoinMarketCap. Its market capitalization is 2.77 billion dollars. With

"Bitcoin can easily reach $200,000 by year-end"

An opinion has emerged that the price of Bitcoin (BTC) could rise to $200,000. The analysis is that investor sentiment will be strengthened by the U.S. Federal Reserve's (Fed) rate cuts. On the 9th (Korean time), Tom Lee, Fundstrat managing partner,

Famous developer's NPM account hijacked... "Nearly the largest hack ever"

A record-size NPM (Node Package Manager) hack targeting JavaScript software libraries was revealed. However, the amount lost was only $50. On the 9th (Korean time), cryptocurrency-focused outlet Cointelegraph reported that security firm Security Alli

[Today's key economic & cryptocurrency schedule] US wage ledger benchmark etc.

<Today's key economic schedule> ▶9th (Tue) :△Q1 preliminary annual benchmark revisions reflecting employment and wage survey, △Eurozone finance ministers' meeting (local time 12:00, Korea time 19:00), △US wage ledger benchmark (local time 10:00, Kore