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The won-dollar exchange rate opened lower at the start of Seoul trading on June 12, retreating to the low-1,500 won range despite repeated flare-ups in Middle East geopolitical tensions. Markets are paying closer attention to the possibility of an ad
The White House has discussed the CLARITY Act with major US law-enforcement groups as it pushes to pass the digital-asset market structure bill. Eleanor Terrett, host of Crypto in America, wrote on X on June 11 that the White House crypto council hel
Michael Saylor, chairman of Strategy, pushed back against concerns that the company’s stock sales dilute shareholder value, arguing that raising cash and Bitcoin through new share issuance strengthens corporate assets. CoinTurk News reported on June
Mike Selig, a commissioner at the US Commodity Futures Trading Commission, said the agency plans to bring crypto perpetual futures into the US regulatory framework. In a June 11 interview with Fox Business, Selig said the CFTC would work on rules tha
Bitcoin-based financial services companies are expanding beyond exchanges and custody into banking, with a Bitcoin-focused financial platform that could replace traditional banks emerging as the industry's next growth phase. Blockrise Chief Executive
Parataxis Ethereum has increased its Ether holdings to more than 9,000, retaining its position as the Asia-listed company with the largest ETH stash. Hans Economy reported on June 12 that the company recently bought an additional 398 ETH, bringing it
Tiger Research, a Web3 research firm, has signed a strategic memorandum of understanding with blockchain data analytics company Chainalysis. Tiger Research said June 12 that the two companies will collaborate on joint events and research publications
Chiliz, a sports and entertainment blockchain company, has expanded its national team fan token lineup to six countries. The company said on June 12 that it added Belgium’s national team fan token, building a portfolio that now covers six countries:
Bithumb is launching a security campaign to help prevent impersonation phishing attacks targeting users. The South Korean cryptocurrency exchange said on June 12 that it had released a user protection guide outlining common phishing methods and how t
Ethereum is trading near its low for the year, while the futures market is showing a buildup in bullish positions as traders bet on a rebound. Cointelegraph reported on June 12 that Binance's ETH futures open interest reached a record 3.7 million ETH
South Korea’s National Police Agency has launched its fourth tender to select an operator to store and manage seized virtual assets, or cryptocurrencies. Industry participants say stricter compensation requirements and the bidding structure make it e
BlackRock is in the final stages of launching a new exchange-traded fund designed to generate income from a spot Bitcoin ETF. Eric Balchunas, a Bloomberg ETF analyst, wrote on X on June 12 that BlackRock had filed SEC Form 8-A for the iShares Bitcoin
President Donald Trump said he scrapped a planned military action against Iran, but distrust of the US remains deeply entrenched in Iran, according to CNN. CNN reported on June 11 that reporting from Zanjan found skepticism and mistrust inside Iran o
Coinbase warned that major blockchain networks, including Bitcoin (BTC) and Ethereum (ETH), need to prepare for the threat posed by quantum computing. Decrypt reported on June 12 that Coinbase’s Quantum Computing Advisory Council urged the blockchain
LG Electronics is developing a blockchain network for digital advertising based on Arbitrum, Ethereum's layer-2 network, Fortune reported. Fortune reported on June 11, citing officials from LG Electronics and Arbitrum, that the company is building it
A college student who spent 1,500 Bitcoin in 2011 on a graphics card now runs an insurance business that protects Bitcoin holdings, The Block reported on June 11. Chris Seedor, co-founder and chief executive officer of Bitsurance, told attendees at t
A temporary stay of a trade court ruling that found President Donald Trump’s global 10% tariff unlawful will remain in place through late July. The US Court of Appeals for the Federal Circuit ruled on June 11 that enforcement of a US Court of Interna
Israeli Prime Minister Benjamin Netanyahu conveyed Israel’s position to President Donald Trump on the terms of any nuclear agreement with Iran. CNN reported on June 11 that Netanyahu and Trump spoke by phone about the conditions for a final deal on I
Arcium, a blockchain-based confidential computing network, said June 10 that cumulative confidential computations on its network had surpassed 1 million. The network is now processing more than 200,000 confidential computations a day. Arcium provides
<Major economic events next week> ▶ June 8 (Monday): △ US May CB Employment Trends Index (11 p.m. Korea Standard Time) ▶ June 9 (Tuesday): △ US May consumer inflation expectations (12 a.m. Korea Standard Time) △ South Korea second-quarter GDP △ US Ap
Bitcoin has plunged toward the $60,000 level, while on-chain data points to asset transfers approaching historic highs, indicating a massive change of hands is underway. AMB Crypto reported on June 7 that crypto analyst Darkfost said Bitcoin transact
Mike McGlone, Bloomberg’s senior macro strategist, said Tether’s dollar-pegged stablecoin USDT could eventually threaten Bitcoin’s market capitalization. McGlone told U.Today on June 7 that the recent bull run in digital assets is entering its final
Yield-bearing stablecoins are expanding rapidly, raising tensions between traditional finance and the crypto industry. Katana reported on June 7 that banks have begun treating yield-bearing stablecoins as a key competitor that could undermine their d
Spot trading volume on centralized cryptocurrency exchanges has fallen sharply to its lowest level since October 2023. CryptoSlate reported on June 6, citing a CryptoQuant report, that spot trading volume on centralized exchanges totaled $679 billion
A recent plunge in the cryptocurrency market is rapidly swelling mark-to-market losses at listed companies with large digital-asset holdings. CryptoPotato reported on June 7 that Bitcoin recently fell to $59,000, its lowest level in about 19 months.
Hunter Biden, son of former US President Joe Biden, publicly voiced support for Bitcoin and blockchain technology. AMB Crypto reported on June 6 that Biden shared those views in a recent exchange on X after being asked about the fiat currency-based f
Concern is mounting over Strategy’s Bitcoin accumulation strategy after Michael Saylor’s company carried out its first-ever sale of the cryptocurrency. ZyCrypto reported on June 6 that Zach Pandl, Grayscale’s head of research, said Strategy’s recent
Ethereum has fallen to around $1,550, a key support zone that could determine whether the token extends its decline. NewsBTC reported on June 7 that crypto analyst More Crypto Online sees Ethereum at a critical juncture after it broke below a bear fl
XRP has fallen below $1.18, a key support level, putting the market's focus on whether it can hold above $1. U.Today reported on June 6 that XRP fell as low as $1.05 during the session, its lowest level in months. The token has declined for six strai
Interview with DogeOS Co-Founder Jordan Jefferson Moving beyond an exchange-driven model toward broader on-chain use Building a utility ecosystem across DeFi, gaming and prediction markets "Dogecoin is a global asset with more than 10 million users,