YM Lee

US Spot Ether ETFs Post $103.51 Million in One-Day Outflows, Led by Fidelity

U.S. spot Ether exchange-traded funds posted net outflows of more than $100 million in a single day, with the bulk of the selling concentrated in products from Fidelity and BlackRock. Trader T data for May 7 showed total net outflows from U.S. spot E

US Spot Bitcoin ETFs Post $268.46 Million Outflow as BlackRock, Fidelity Lead Withdrawals

U.S. spot Bitcoin exchange-traded funds posted net outflows of about $268 million in a single day, reversing a recent inflow trend. Data compiled by Trader T showed total net outflows from U.S. spot Bitcoin ETFs stood at $268.46 million on May 7. Bla

Mirae Asset Securities Joins DTCC Tokenization Working Group as Sole South Korean Brokerage

Mirae Asset Securities will join a tokenization working group led by the Depository Trust & Clearing Corporation, the largest securities depository and clearing institution in the US. It is the only participant from a South Korean financial company's

MegaLabs, H Lab Sign Strategic Pact on Web3 Infrastructure, Blockchain Expansion

Blockchain technology company MegaLabs said May 8 that it signed a strategic memorandum of understanding with H Lab, the crypto unit of Neowiz Holdings, to jointly develop Web3 infrastructure and expand the blockchain ecosystem. The agreement was sig

Bitcoin Options Traders Bet on $115,000 by Year-End as Overheating Signs Stay Muted

Investors in the Bitcoin options market are increasingly betting the cryptocurrency will climb above $115,000 by year-end. Even so, derivatives indicators suggest signs of overheating remain limited. Cointelegraph reported on May 8 that open interest

Suho.io Signs MOU With Cross ENF to Build Cross-Border Remittance Infrastructure

Suho.io, a next-generation financial infrastructure company, said May 8 that it signed a memorandum of understanding with Cross ENF, a fintech company specializing in small-value overseas remittances, to build a global remittance network and advance

Dunamu to Hold ‘UP Class’ Digital-Asset Lecture Program for University Students

Dunamu said on May 8 that it will hold “UP Class,” a digital-asset lecture program for university students and younger people. UP Class is a customized education program designed to improve understanding of digital assets across age groups. This year

US Treasury Presses Binance to Honor 2023 Monitoring Deal

The US Treasury Department has privately pressed Binance to comply with the monitoring program it agreed to under its 2023 settlement with US authorities, after allegations surfaced that the exchange facilitated transactions involving Iran-linked fun

Bitcoin Holdings on Major Exchanges Drop 100,000 BTC in Three Months, Easing Sell Pressure

Bitcoin holdings at major cryptocurrency exchanges have fallen by about 100,000 BTC over the past three months, suggesting supply pressure is easing as less sellable inventory remains on trading platforms. Cointelegraph reported on May 8 that Bitcoin

Iran State Media Claims US Navy Ships Hit by Missile Attack Near Hormuz After Tanker Strike

Iranian state media reported that US Navy ships near the Strait of Hormuz came under an Iranian missile attack, claiming the clash followed a US strike on an Iranian oil tanker. Reuters reported on May 7 that Iranian state media, citing an unidentifi

Block Books $173 Million Bitcoin Loss, Raises 2026 Outlook

Block Inc., the fintech company led by Jack Dorsey, booked a $173 million Bitcoin remeasurement loss in the first quarter of 2026. Still, it raised its full-year guidance on strength in its core businesses. The company disclosed in its first-quarter

Fairshake-Linked Crypto PACs Spend $7.2 Million in Five States Ahead of US Midterms

Crypto industry-backed political action committees tied to Fairshake have ramped up support for pro-crypto candidates ahead of the US midterm elections. Cointelegraph reported on May 7 that two Fairshake-affiliated PACs, Protect Progress and Defend A

Institutional Investors Raise Bitcoin Exposure as Crypto Sentiment Improves

Institutional investors are increasing their exposure to cryptocurrencies again, led by Bitcoin, as money continues to flow into U.S. spot Bitcoin exchange-traded funds and market sentiment improves. CoinShares, a digital-asset manager, said a recent

Bonanza Factory to Supply Shinhan Bank With Real-Time Crypto Wallet Risk Analysis Tool

Bonanza Factory will supply Shinhan Bank with a real-time blockchain wallet risk analysis solution, as banks ramp up efforts to track on-chain fund flows and strengthen internal controls amid growth in the cryptocurrency and stablecoin markets. Bonan

Crypto Card Payments Surge 500%, Justin Sun Says Payment Infrastructure Shift Is Underway

TRON founder Justin Sun said cryptocurrency card payments are spreading rapidly, underscoring a broader shift in payment infrastructure. In a post on X on May 1, Sun wrote that crypto cards are "not just a trend, but the next stage of distribution."

Mass Hack Suspected as Dormant Ethereum Wallets Are Drained to Single Address

Suspicious transactions have been detected on the Ethereum network after long-inactive wallets were drained at the same time. Coin Bureau said on May 1 that assets from hundreds of wallets on the Ethereum mainnet, including some that had been dormant

US Senate Unanimously Bans Lawmakers, Staff From Prediction-Market Bets

The U.S. Senate has unanimously barred senators and their staff from participating in prediction-market betting. The chamber passed the resolution unanimously, and the rule took effect immediately, Cointelegraph reported on May 30. The measure is int

US Spot-Bitcoin ETFs See $490 Million in Outflows Over Three Days, Signaling Weaker Institutional Demand

US-listed spot-Bitcoin exchange-traded funds posted about $490 million of net outflows over the latest three trading days, signaling weaker institutional demand. Cointelegraph reported on May 30 that spot-Bitcoin ETFs listed in the US recorded total

Oobit Launches USDT Virtual Visa Cards for AI Agents

Oobit, a Tether-backed crypto wallet startup, has launched a virtual Visa card service for artificial intelligence agents. Cointelegraph reported on April 30 that Oobit introduced "Agent Cards," which allow AI agents to make online payments directly

Israel Bolsters Readiness for Renewed Iran Conflict, Watches for Possible US Military Action

Israel is tightening its alert posture as it prepares for the possibility of renewed military conflict with Iran. Channel 12 reported on May 30 that the Israeli government is focusing its discussions on response measures amid the possibility that cea

UK FCA Unveils Fund Tokenization Guidelines to Support Asset-Management Innovation

The UK Financial Conduct Authority has released guidelines on fund tokenization. In a statement issued May 30, the FCA said the guidance is aimed at giving asset managers clear standards for using distributed ledger technology, or DLT, within the exi

Stablecoins Overtake Bitcoin as Top Crypto Purchase in Latin America

Stablecoins have overtaken Bitcoin as the most purchased crypto asset in Latin America. Cointelegraph reported on May 30 that Latin American crypto exchange Bitso said in a report that 40% of all crypto purchases in 2025 went to dollar-pegged stablec

Hegseth Calls Himself Longtime Bitcoin Backer, Says It Can Extend National Influence

US Defense Secretary Pete Hegseth voiced support for Bitcoin. Watcher.Guru reported on May 30 that Hegseth described himself as a "longtime Bitcoin supporter" and agreed that Bitcoin could serve as a tool to expand national influence.

Bitcoin Repeatedly Hits Profit-Taking Wall Near $77,000, Signaling Slower Momentum

Bitcoin is showing signs of fading momentum as repeated profit-taking emerges near $77,000. Cointelegraph reported on May 30 that Bitcoin has made several attempts over the past week to break above $77,000, but each rally has met resistance. The toke

Arbitrum DAO Votes to Release 30,766 ETH Frozen After KelpDAO Hack for DeFi United

Arbitrum DAO is voting on a proposal to allocate about 30,766 Ether frozen in connection with the KelpDAO hack to the DeFi recovery initiative DeFi United. The Block reported on April 30 that the DAO had put forward a proposal to direct about 30,766

US Senate Weighs Mid-May Markup for Crypto Market Structure Bill as Trump Conflict Concerns Grow

The US Congress is moving to advance a cryptocurrency market structure bill in May. The Senate is considering a committee markup as early as mid-May for legislation that would establish a regulatory framework for the crypto industry, The Block report

Ethereum Foundation Opens EPF7 Applications to Bolster Core Protocol Development

The Ethereum Foundation is seeking to expand its core protocol developer ranks even as it maintains a tighter spending stance. Cryptopolitan reported on April 30 that the foundation had opened applications for the seventh Ethereum Protocol Fellowship

STAT to Launch Institutional AI Platform Bloomingbit Alpha in Late June After Private Testing

Developed jointly with Hankyung Bloomingbit STAT, a blockchain-based data analytics company, will launch Bloomingbit Alpha, an artificial intelligence intelligence platform for institutional investors that it is developing with Bloomingbit, the digit

Fluent Unveils BLEND Token, Secures Coinbase and Bybit Listings

Fluent, a blockchain-based on-chain reputation and data infrastructure provider, has unveiled its native token, BLEND, along with a long-term roadmap. In a roadmap released through its official channels on April 28, Fluent outlined BLEND’s future rev

Institutional Inflows Lift XRP Back Above 2,100 Won

XRP is regaining momentum as institutional inflows into spot exchange-traded funds pick up. According to the crypto industry on April 26, spot XRP ETFs posted net inflows of $55.39 million this week, the largest weekly intake in about three months si