YM Lee

Quack AI Moves to Expand Q402 Treasury Functions, Combining AI Payments, Yield and Settlement

Quack AI, an AI agent infrastructure company, is moving to expand treasury-management functions built on its Q402 payment protocol. The company aims to let AI agents handle payments, stablecoin deployment, recurring payouts and conditional settlement

Utah Criminally Charges Kalshi, Two Co-Founders Over Illegal Sports Gambling

Utah has criminally charged prediction-market platform Kalshi and its two co-founders over alleged illegal gambling. The move follows a civil lawsuit seeking to halt the company's operations in the state and recover its profits, escalating a clash be

Bitwise Raises Bitcoin 2036 Price Target to $1.6 Million, Sees 34.3% Annual Returns

Bitwise, the crypto asset manager, raised its 2036 price target for Bitcoin to $1.6 million from $1.3 million. The firm projects a 34.3% compounded annual return over the next decade, citing institutional inflows and limited new supply. The forecast

Singapore Police Probe Tampered Ledger Wallets Sold at Retailers After S$3.5 Million in Losses

Singapore police are investigating tampered Ledger hardware wallets sold at local retailers after losses of about S$3.5 million were reported. Some devices were found to contain malicious components. Cointelegraph reported on October 29 that the Sing

South Korea’s Democratic Party Weighs Fourth Delay to Crypto Tax, Calls In Heads of Five Major Exchanges

With a little more than two months left before virtual-asset taxation is due to take effect, South Korea’s Democratic Party is gathering industry feedback on another delay. The main issue is concern that difficulties securing overseas trading data co

$11 Billion of Bitcoin Options Set to Expire Oct. 30, Raising Volatility Risks Ahead of US Midterms

About $11 billion worth of Bitcoin options are set to expire on Oct. 30. With hedging activity clustered around current price levels and the US midterm elections coming next month, volatility could increase. Bloomberg reported on Oct. 29 that the con

Samsung Shareholder-Return Disappointment Sends Kospi Down Nearly 3% Intraday

The Kospi climbed above 6,100 early in the session before reversing course and falling nearly 3%. The Kosdaq was also down more than 3% as Samsung Electronics slid more than 5% on disappointment over its shareholder-return plan. As of 10:40 a.m. on O

Fed Holds Rates at 3.75%-4.00% but Leaves Room for Another Hike, Stoking Bitcoin Downside Risks

Bitcoin could remain under downward pressure after the Federal Reserve held interest rates steady while leaving open the possibility of another increase. With markets having widely expected the pause, attention has shifted to the future rate path and

Samsung Electronics Reports Q3 Revenue of $140.9 Billion, Operating Profit of $77.5 Billion; Declares $21.7 Billion Cash Dividend

Samsung Electronics reported third-quarter revenue of 195.2532 trillion won ($140.9 billion) and operating profit of 107.4405 trillion won ($77.5 billion). Its chip business accounted for about 99% of total operating profit, and the company also appr

Tokenized Stock Market Grows 5.3-Fold This Year; 82% Is in Non-Voting US Offshore Products

The market for tokenized stocks has grown 5.3-fold this year, but 82% of outstanding issuance is in US offshore products that carry no voting rights, according to a new report. The study also called for South Korea to design rules that take into acco

Kospi Edges Up on 168.2 Billion Won of Net Foreign Buying, Swings Around 6,000

South Korea’s Kospi was marginally higher in early trading on October 29, supported by foreign buying. The benchmark briefly fell below the 6,000 level after the open before recovering. As of 9:04 a.m., the Kospi was up 2.55 points, or 0.04%, at 6,01

Warsh Says Fed Will Keep 2% Inflation Goal, Gives No Clear Signal on December Rate Increase

Federal Reserve Chair Kevin Warsh left interest rates unchanged while reaffirming the central bank’s commitment to price stability. He did not give a clear signal on whether the Fed will raise rates again in December. Instead, he said policymakers wa

Polymarket’s Top Earner Made $12 Million in 184,000 Trades Over Six Months

An anonymous account that made $12 million from sports betting on prediction-market platform Polymarket over six months ranked as the platform’s most profitable trader. The account’s average return per bet was less than 2%, but it built those gains t

1 in 5 U.S. Adults Have Used or Owned Crypto, While Active Adoption Stalls

More U.S. adults have owned or used cryptocurrency, but the share that actually used it over the past year was unchanged. Intentions to use crypto in the future also remained close to last year's level. Decrypt, a cryptocurrency-focused media outlet,

Daol Securities Sees SK Hynix 4Q Operating Profit at $7.2 Billion, Expects Share Rebound

Daol Securities said SK Hynix is poised to recoup part of its recent share-price decline, backed by strong earnings and expanded shareholder returns. It forecast fourth-quarter operating profit would top $7.2 billion for the first time. In a report d

Canada 'Crypto King' Aiden Pleterski's Ponzi-Fraud Trial Goes to Jury

The trial of Aiden Pleterski, who is accused in Canada of cryptocurrency investment fraud, has gone to the jury. Pleterski, known as the "Crypto King," has pleaded not guilty. Jurors began deliberations after receiving final instructions from Justice

US Stocks Rise for Third Day on Fed Hold, AI Earnings; Oracle Jumps 10.73%

U.S. stocks rose for a third straight session as the Federal Reserve held interest rates steady and AI-related companies posted strong earnings. Oracle jumped more than 10% after laying out plans to ease the funding burden from its AI investments. On

Canada's APX Lending to Launch Bitcoin-Backed Home Purchase Loans in First Quarter of 2027

Canada-based lender APX Lending plans to launch a product that allows homebuyers to borrow for a down payment or a home purchase using Bitcoin as collateral. The structure would let clients use their holdings for a home purchase without selling them.

JPMorgan Says Gold Could Fall Further Into Early Next Year, Rebound After Rates Peak

JPMorgan warned that gold prices could face further downside into early next year. Federal Reserve rate hikes and tight liquidity are likely to remain a drag until then, though the bank expects a rebound once rates peak. Bloomberg reported on Oct. 28

CFTC Commissioner Selig Says AI Will Speed Fully Autonomous Trading, Calls for Regulatory Overhaul

Mike Selig, a commissioner at the US Commodity Futures Trading Commission, said AI could hasten the arrival of fully autonomous trading, with systems handling everything from identifying opportunities to executing trades. He said regulators should ex

Mirae Asset Seeks to Buy Japan’s Sanko Securities for 5 Billion Yen, Targeting ETF and Wealth Management Expansion

Mirae Asset Group is seeking to enter Japan’s brokerage market through the acquisition of Sanko Securities. It plans to begin with proprietary trading and then expand sales of global exchange-traded funds and wealth management services. The Korea Eco

Tokenized Stocks Top $3.84 Billion, Expanding Beyond Trading to Loan Collateral

The market for tokenized stocks has surpassed $3.84 billion, with their use expanding beyond trading to loan collateral. On Base, services now allow users to trade tokens linked to U.S. stocks such as Apple and Microsoft and pledge them to borrow sta

Gotchi Labs Unveils White Paper to Expand Sleep Coaching AI Into Shopping, Fitness, Daily Life

Gotchi Labs, a consumer artificial intelligence platform, is expanding beyond sleep coaching into shopping, fitness and schedule management. The company plans to develop a personal AI service that supports users’ daily lives by linking specialized AI

Illuvium Co-Founder Warns AI Could Create 'Meme Games' in Days, Fueling Speculation

Artificial intelligence is lowering the time and cost required to build blockchain games, raising the prospect of a surge in short-term "meme games" aimed at quick profits. Industry participants are warning of a speculative frenzy similar to the meme

Dataline Raises $10.6 Million Seed Round, Plans AI-Agent Data Network Expansion and Token Launch

Dataline, a decentralized data network for AI agents, has raised $10.6 million in seed funding. The company plans to expand its data supply and verification capabilities and launch a token this year for network payments and data access. The round was

U.S. Spot Ether ETFs See $14.98 Million Inflow as Grayscale, Fidelity Offset BlackRock Outflows

U.S. spot Ether exchange-traded funds posted net inflows of $14.98 million, as inflows into Grayscale and Fidelity more than offset outflows from BlackRock. Trader T data for October 21 showed combined net inflows of $14.98 million across U.S. spot E

US Spot-Bitcoin ETFs See $528.41 Million of Net Inflows, Led by BlackRock and Fidelity

U.S. spot-Bitcoin exchange-traded funds recorded more than $500 million in net inflows in a single day. Trader T data for October 21 showed combined net inflows into U.S. spot-Bitcoin ETFs totaled $528.41 million. BlackRock's IBIT brought in $235 mil

Hanwha Investment Sets 2027 Kospi Target at 8,500; Broker Views Diverge on Chip Earnings

Hanwha Investment & Securities has set a 2027 target of 8,500 for the Kospi, arguing that stronger profitability at South Korean companies has yet to be fully reflected in share prices. BNK Investment & Securities, by contrast, put the index's fair v

Grayscale Expands In-Kind Crypto Subscriptions to 10 Products, Letting Investors Receive Fund Shares With Tokens

Grayscale is expanding to 10 investment products a structure that lets clients contribute crypto they already hold directly in exchange for fund shares. The approach allows investors to invest in a fund without first selling tokens to raise cash. The

FSC Chief Says Digital Asset Framework Act in Final Talks, Seeks Fast Introduction

Financial Services Commission Chairman Kim Byoung-hwan said consultations on the government’s draft Digital Asset Framework Act are in their final stages. He also said the Ministry of Economy and Finance is gathering opinions on virtual-asset, or cry