YM Lee

SpaceX files confidentially for IPO…targets $1.75 trillion valuation

Elon Musk’s space venture SpaceX has begun the process of filing confidentially for an initial public offering (IPO). According to Bloomberg on the 1st (local time), SpaceX submitted IPO registration documents to the U.S. Securities and Exchange Comm

KOSPI opens up 1.33%, rises above 5,550

Midas raises $50 million in Series A funding…cumulative issued assets reach $1.7 billion

Onchain investment platform Midas (Midas Software GmbH) has secured a major fundraising round. Midas said on the 2nd that it raised $50 million in a Series A round. The round was co-led by RRE Ventures and Creandum. Global institutions participated i

Kaia unveils design blueprint for won-denominated stablecoin, proposing technical standards based on PoC with commercial banks

Kaia has unveiled a technical design blueprint aimed at introducing a won-denominated stablecoin. The Kaia DLT Foundation said on the 2nd that it has released an architecture proposal covering the full lifecycle of a won stablecoin—from issuance and

US intelligence agencies: “Iran shows little willingness to negotiate a ceasefire”…diplomatic solution faces headwinds

US intelligence agencies have assessed that Iran currently has little appetite to actively engage in negotiations to end the war. According to The New York Times on the 1st (local time), US intelligence services believe the Iranian government sees it

U.S. Treasury seeks public comment on state-level stablecoin regulatory framework…follow-up to the GENIUS Act

The U.S. Treasury has launched a public comment process to establish a state-level regulatory framework for stablecoin oversight. According to Cointelegraph on the 1st (local time), the Treasury issued a Notice of Proposed Rulemaking (NPRM) regarding

Volatility Shares launches leveraged ETFs for ADA, Stellar and Chainlink

U.S. asset manager Volatility Shares has launched leveraged exchange-traded funds (ETFs) based on major altcoins. According to Decrypt on the 1st (local time), Volatility Shares introduced 2x leveraged ETFs with Cardano (ADA), Stellar (XLM) and Chain

eToro launches crypto trading in New York…three years after obtaining a BitLicense

Global trading platform eToro has started offering virtual asset (cryptocurrency) trading services in New York. According to The Block on the 1st (local time), eToro rolled out its crypto trading service for local users about three years after obtain

US CFTC warns of insider trading in prediction markets… “Insider-trading laws may apply”

The US Commodity Futures Trading Commission (CFTC) has signaled a tough enforcement stance on insider trading in prediction markets, sending a warning to market participants. According to Cointelegraph on the 31st (local time), David Miller, the CFTC

Push to establish a virtual asset market surveillance authority… integrating the system for monitoring suspicious trades

A legislative revision is being pursued to establish an independent body dedicated to monitoring the virtual asset (cryptocurrency) market. According to the National Assembly on the 31st, the Political Affairs Committee referred an amendment to the A

New Hampshire in the U.S. Moves to Issue $100 Million Bitcoin-Backed Bonds

A public agency in the U.S. state of New Hampshire is moving to issue bonds backed by Bitcoin (BTC). According to The Block on the 31st (local time), the New Hampshire Business Finance Authority is preparing a total of $100 million in Bitcoin-backed

"Google quantum computing breakthrough reignites debate over Bitcoin security"

According to The Block on the 31st (local time), Google’s Quantum AI research team published findings that improve the implementation of Shor’s algorithm, which could undermine elliptic-curve cryptography (ECC) at the core of Bitcoin and Ethereum sec

US Justice Department busts crypto price-manipulation ring…10 market-maker employees indicted

The US Department of Justice has indicted 10 employees of market-making firms accused of manipulating cryptoasset (cryptocurrency) prices. According to the DOJ on the 31st (local time), federal prosecutors in Northern California indicted 10 individua

U.S. spot Ethereum ETF sees $31.16 million in net inflows…Funds concentrate in BlackRock’s ETHA

Capital inflows into U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) have continued, pointing to improving market sentiment. According to Trader T data on the 31st (local time), total net inflows across spot Ethereum ETFs came to $31.16 million

U.S. spot Bitcoin ETF sees net inflows of $117.31 million…institutional flows turn positive

Market sentiment is improving as funds flow back into U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs). According to Trader T data on the 31st (local time), total net inflows across spot Bitcoin ETFs came to $117.31 million. BlackRock’s IBIT led

Busan Digital Asset Exchange’s ‘Bdan’ turns profitable in a year…posts operating profit of KRW 2.82 billion

Bdan, a real-world asset platform operated by the Busan Digital Asset Exchange, has successfully swung to profitability. The Busan Digital Asset Exchange said on the 1st that Bdan posted operating profit of about KRW 2.82 billion in 2025. Bdan is a p

Upbit to Offer KRW 10,000 CU Gift Vouchers to New Sign-Ups

Dunamu is rolling out a promotional event offering CU mobile vouchers to new Upbit sign-ups. On the 1st, Dunamu said it will run the “CU in Upbit!” event for customers using Upbit for the first time. The campaign is designed to help users experience

Tiger Research signs MOU with Indonesia’s ICEx exchange

Tiger Research has moved to cooperate with ICEx, an officially licensed virtual asset (cryptocurrency) exchange in Indonesia. Tiger Research said on the 1st that it signed a memorandum of understanding (MOU) with ICEx (International Crypto Exchange),

Bitcoin logs first monthly gain in five months…structural risks persist

Bitcoin (BTC) ended a five-month streak of monthly declines, posting a higher close for March on a monthly candlestick basis. According to Bloomberg on the 31st (local time), Bitcoin rose 2.2% over March, marking its first monthly gain since Septembe

Bitfarms posts a $284.5 million net loss on Bitcoin weakness; shares rise on AI pivot announcement

Bitfarms saw its net loss widen on the back of a decline in Bitcoin prices, but its shares rose on expectations surrounding its artificial intelligence (AI) transition strategy. According to Cointelegraph on the 31st (local time), Bitfarms posted a 2

Solana DEX trading volume hits post-2024 low… SOL faces a test at the $80 support level

Solana (SOL) decentralized exchange (DEX) trading volume has fallen to its lowest level since 2024, intensifying downside pressure on the price. However, DApp revenue metrics remain resilient, keeping attention on whether the $80 support level will h

Benchmark initiates coverage on Securitize with a ‘Buy’…taps it as a tokenization beneficiary

Benchmark issued a buy call on tokenization infrastructure firm Securitize (Securitize), highlighting its potential to benefit from market growth. According to The Block on the 31st (local time), Benchmark initiated coverage of Securitize, assigning

Iran warns Nvidia and others are targets… says they played a US 'spy' role

Iran has issued a public warning that it will target 18 US technology and financial companies in the Middle East. It claimed these companies acted as “spies” by helping the US government carry out attacks. Iran demanded that employees of the companie

Fed Vice Chair Michael Barr flags stablecoin risks…regulators move to ускорate rulemaking

The U.S. Federal Reserve (Fed) has highlighted stablecoins’ money-laundering and financial-stability risks, underscoring the need for regulation. According to Bloomberg on the 31st (local time), Fed Vice Chair Michael Barr, in prepared remarks, point

Crypto Fear Index at 11, 'Extreme Fear' for 12th straight day…Market watches for Bitcoin bottom signals

As the Fear & Greed Index remains in the 'Extreme Fear' zone, speculation is growing that the Bitcoin (BTC) market may be forming a bottom. According to Cointelegraph on the 31st (local time), the crypto Fear & Greed Index posted a reading of 11, sta

Is the war really ending… KOSPI expected to open higher on negotiation optimism [Market Preview]

With optimism growing over an end to hostilities between the United States and Iran, South Korean stocks are expected to open higher on the 1st. Expectations are also rising that the market could recoup a significant portion of the previous session’s

Texas lieutenant governor orders review of regulations on digital assets and prediction markets…added to legislative agenda

The Texas lieutenant governor has added a review of regulations governing digital assets (cryptocurrencies) and prediction markets to upcoming legislative work, aiming to examine both potential circumvention of gambling rules and how to respond to ch

S&P puts U.S. Treasury index on-chain…a signal of Wall Street’s data-infrastructure shift

S&P Dow Jones Indices has moved to shift traditional financial data on-chain by putting a U.S. Treasury index on a blockchain in token form. According to Cointelegraph on the 31st (local time), S&P Dow Jones Indices said it implemented the “iBoxx U.S

Magic Eden’s Wallet Service Nears Shutdown…Users Urged to Move Assets

Magic Eden has instructed users to move their assets ahead of the end of support for its multi-chain virtual asset (cryptocurrency) wallet. In particular, access to Solana (SOL)-based assets may be restricted unless users separately export their priv

Chainalysis adopts AI for “Blockchain Intelligence”…automating investigative and compliance capabilities

Chainalysis is introducing an artificial intelligence (AI) agent specialized in virtual-asset (cryptocurrency) analytics. The strategy is to automate investigative and regulatory-response capabilities to speed up how institutions and companies respon