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According to WuBlockchain on the 3rd (KST), Classover Holdings, a Nasdaq-listed online education company, has signed an agreement to issue $500 million in senior secured convertible bonds with Growth Ventures for purchasing Solana (SOL). Initial fund
Solana (SOL)-based launchpad Lunchcoin on Vlive (LAUNCHCOIN, hereafter Believe) has set out to strengthen its measures to prevent scam projects. On the 2nd (local time), Believe founder Ben Pasternak said on X (formerly Twitter), "To attract new coin
Avery Ching, CEO of Aptos (APT) Labs, is set to express her position on digital asset (cryptocurrency) legislation in the United States. On the 3rd (Korean Time), Aptos announced via X (formerly Twitter), "On the 4th, CEO Avery Ching will attend a he
Attention is focused on whether the stablecoin (virtual assets linked to the value of fiat currency) bill, the Genius Act, could pass within this week. On the 2nd (local time), Cointelegraph, a media outlet specializing in virtual assets (cryptocurre
A net outflow has occurred from the Bitcoin (BTC) spot Exchange Traded Funds (ETF). According to Trader T on the 2nd (local time), a total net outflow of $267.6 million was recorded from Bitcoin spot ETFs that day. BlackRock IBIT and ARK Invest ARKB
Tether (USDT) and Bitfinex have transferred a large amount of Bitcoin (BTC) to their joint venture, Twenty-One. Twenty-One is a joint corporation formed by Cantor Fitzgerald, Tether, Bitfinex, and SoftBank, functioning as a company that carries out B
Virtual asset (cryptocurrency) market maker Wintermute openly criticized the famous whale 'James Wan' of Hyperliquid (HYPE). On the 2nd (local time), Wintermute stated on X (formerly Twitter), "James Wan is amazing. His tweets are amazing too," addin
<Today's Major Economic Events> ▶︎Tuesday, the 3rd: △Korea Early Presidential Election (All day), △Korea May Consumer Price Index (08:00 KST), △EU May Consumer Price Index (18:00 KST), △US Department of Labor April JOLTS Report (23:00 KST, 10:00 Loca
Hong Kong digital asset company OSL Group is expanding into Indonesia. According to Jitong Finance on the 3rd (local time), OSL Group plans to acquire a 90% stake in the Indonesia-based virtual asset (cryptocurrency) exchange operator Evergreen Crest
Australia plans to tighten regulations regarding virtual asset (cryptocurrency) automated teller machines (ATMs). This measure comes in response to a surge in fraud crimes related to virtual asset ATMs. According to Bloomberg News on the 3rd (KST), t
Recently, as legislation on stablecoins (virtual assets pegged to fiat currencies) is underway globally, analysis suggests that such legislation could foster the growth of real-world assets (RWA) and virtual asset payment systems. According to BlockB
The stablecoin (a virtual asset whose value is pegged to fiat currency) giant Tether (USDT) has withdrawn a large amount of Bitcoin (BTC) from its reserves. According to AmberCN on the 3rd (Korea time), Tether withdrew 14,000 Bitcoins from its reserv
According to Onchain Lens on the 2nd (local time), World Liberty Financial (WLFI), a virtual asset (cryptocurrency) business led by the family of President Donald Trump, deposited 10 million USDC to BitGo about 15 minutes ago.
SOL Strategies, a Canada-based firm designating Solana (SOL) as a reserve asset, recorded a net loss in Q2. According to cryptocurrency news outlet Cointelegraph on the 2nd (local time), SOL Strategies posted a net loss of 4.8 million Canadian dollar
Tether (USDT), a giant in the stablecoin (virtual assets pegged to fiat currency) market, announced on the 2nd (local time) that it will launch a gold-backed stablecoin on the TON blockchain. According to Financial Fizz, Tether has partnered with the
Sharplink Gaming, which attracted market attention by including Ethereum (ETH) as a financial asset, saw its stock slump during trading. Previously, Sharplink Gaming had recorded a 2000% surge in share price last week. According to crypto-specialized
Virtual asset (cryptocurrency) lobbyists have taken action to push for the passage of the Genius Act, the most prominent stablecoin (virtual asset linked to the value of fiat currency) bill currently in the spotlight within the industry. On the 2nd (
According to Alternative, a cryptocurrency data provider, on the 3rd (KST), the Crypto Fear & Greed Index recorded 64 points, the same as the previous day. As of 9:04 AM today, Bitcoin (BTC) is trading at $105,837 on CoinMarketCap, up 0.13% from the
Paradigm, a crypto asset (cryptocurrency) investment firm, has unveiled a new automated market maker (AMM) designed to manage stablecoin (virtual assets pegged to fiat currency values) pools more efficiently. According to The Block, a cryptocurrency-
Circle, the issuer of the stablecoin USDC, is expanding the size of its initial public offering (IPO). According to Reuters on the 2nd (local time), Circle plans to offer 32 million shares in this IPO. This is a 33% increase from the previous 24 mill
The domestic banking sector is expected to request regulatory improvements related to the virtual asset (cryptocurrency) business from the new administration, which will be inaugurated after the presidential election on the 3rd. According to the indu
BlackRock, an issuer of spot Bitcoin (BTC) exchange-traded funds (ETFs), appears to have started selling Bitcoin. On the 3rd (KST), the virtual asset (cryptocurrency) media outlet Cryptopolitan reported, citing data from Arkham Intelligence, that Bla
Ethereum (ETH) has recently initiated restructuring of its R&D (Research and Development) division to address recent crises. In the process, it has reportedly laid off some staff. According to crypto-specialized media outlet CoinDesk on the 2nd (loca
Strategy (formerly MicroStrategy) is seeking to raise funds to accumulate more Bitcoin (BTC). According to Bloomberg on the 2nd (local time), Strategy announced that it will issue 2.5 million perpetual preferred shares with a 10% yield and proceed wi
New Hampshire has been selected as the most crypto-friendly state in the United States. On the 2nd (local time), CoinDesk, a media platform specializing in cryptocurrency, cited research by digital mining hardware manufacturer ASICKey and reported th
The Czech Justice Minister has resigned, taking responsibility for receiving Bitcoin (BTC) worth approximately €40 million from a drug trafficker. According to Cointelegraph on the 2nd (Korea Standard Time), Pavel Blažek, the Czech Justice Minister,
The virtual asset (cryptocurrency) exchange Upbit announced on the 2nd (Korea Standard Time) that it has applied changes to the AhaToken (AHT) circulation plan at the request of AhaToken.
According to industry sources on the 2nd, Lee Jae-myung, the Democratic Party of Korea’s presidential candidate, said, “If I am elected president, I believe the very first order should be to review the economic situation,” adding, “The most serious i
According to Odaily on the 2nd (KST), the decentralized social network Mask Network (Mask) announced that it has successfully completed the strategic acquisition of Orb.club, a social application on the Lens Chain. Orb.club is a mobile social app on
Some experts are expressing skepticism about XChat, the new messaging platform unveiled by X (formerly Twitter). In particular, the phrase 'Bitcoin-style' emphasized by Elon Musk, CEO of X, has drawn criticism. On the 2nd (Korean time), CoinDesk, a m