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Major US stock indexes extended their gains on July 16 as optimism grew over a second round of talks to end the war in the Middle East. At the New York Stock Exchange, the Dow Jones Industrial Average rose 115.00 points, or 0.24%, to 48,578.72. The S
ArcPoint, a blockchain and artificial intelligence transformation consulting firm, said on June 16 that it had wrapped up the Next Finance Summit. Held on June 15 at Grand Hill Convention in Seoul’s Gangnam district, the event focused on the on-chain
South Korea’s Democratic Party is moving to revive stablecoin legislation, with its Digital Asset Task Force saying it will step up talks on creating a formal framework for the tokens. The task force said at a National Assembly press conference on Ap
Blockchain infrastructure company DSRV is working with Circle to advance a USDC-based payment and settlement framework for institutional clients. DSRV said May 16 that it is using Circle's enterprise platform, Circle Mint, to streamline USDC issuance
Bithumb has partnered with Shinsegae Point to offer a promotion that gives shoppers at E-Mart and affiliated stores part of their spending back in Bitcoin. The crypto exchange said on April 16 that it has launched the “Mystery Double Rewards” event,
Catalyze held its "AI Infrastructure Con," centered on the convergence of AI and Web3 infrastructure, and shared views on industry applications and future direction. The company said June 16 that it hosted the event in Seoul on June 15, focusing on r
SBI Chiliz is partnering with Japanese professional soccer club Tokyo Verdy to explore club tokenization and build a Web3 model focused on fan engagement. SBI Chiliz, a joint venture between SBI Holdings and Chiliz (CHZ), said on June 16 that it sign
LayerZero has partnered with Korea Gold Exchange to support the multichain expansion of KGLD, a token backed by physical gold. LayerZero said April 16 that it is working with Korea Gold Exchange Digital Asset as a technology partner on the multichain
Bitnomial, a US crypto derivatives exchange, has launched a futures product tied to Injective (INJ), expanding altcoin derivatives in the regulated US market. Cointelegraph reported on June 15 that Bitnomial had listed a monthly futures contract base
Tron founder Justin Sun blasted a WLFI governance vote, calling it "fake governance" built on coercion and concentrated power. Writing on X on June 15, Sun said "this is not 'World Liberty Financial' but 'global tyranny.'" He said the proposal was fr
A cryptocurrency political action committee led by a senior Tether executive disclosed that it received a total of $11 million in donations from financial firms. Cointelegraph reported on April 15 that Fellowship PAC said in filings with the US Feder
The US Securities and Exchange Commission approved a measure allowing client cross-margining in the US Treasury market, expanding access to a structure intended to support market liquidity. According to an SEC statement released on April 15, the agen
Bitcoin has extended its recent rebound, but rising exchange inflows and deteriorating on-chain indicators are increasing the risk of short-term profit-taking. The Block reported on May 15 that on-chain analytics firm CryptoQuant said in a report tha
Kalshi, the US prediction-market platform, is introducing a parent verification system and artificial intelligence-based identity checks to stop minors from bypassing account restrictions. Cointelegraph reported on July 15 that Kalshi co-founder and
Story, the blockchain project focused on intellectual property and associated with the IP token, said April 13 that it had introduced Confidential Data Rails, or CDR, on its testnet. CDR is infrastructure that lets protocols use sensitive data secure
Dunamu won a first-instance administrative suit against South Korea’s financial authorities. The Seoul Administrative Court ruled in favor of Dunamu in its lawsuit seeking to cancel a partial business suspension imposed by the Financial Intelligence
Decentralized exchange SynFutures has unveiled Entropy, a technology aimed at improving infrastructure for on-chain derivatives trading. SynFutures announced on July 9 that Entropy, a core technology designed to improve the efficiency of on-chain ord
Seoul Fintech Lab will launch a digital-asset service discovery program with XRPL Korea. The organization said April 9 that it will hold the Korea Financial Innovation Program 2026 to identify innovative ideas for blockchain-based digital assets. The
President Donald Trump renewed his warning that military action remains possible despite a ceasefire agreement with Iran. In a Truth Social post on Aug. 8, Trump wrote that US warships, aircraft and troops would remain near Iran. He said the military
President Donald Trump denied reports about what he described as 10 conditions tied to ceasefire talks with Iran. Trump wrote on Truth Social on July 8 that the 10 negotiating terms reported by The New York Times and CNN were "completely fabricated"
U.S. spot Ether exchange-traded funds returned to net inflows. Ether ETFs posted combined net inflows of $13.84 million on Aug. 8, according to data compiled by Trader T. BlackRock’s staking product ETHB led the gains with $44.3 million in inflows. 2
Institutional money continued to exit the spot Bitcoin ETF market. US-listed spot Bitcoin ETFs recorded net outflows of $124.25 million on April 8, according to data compiled by Trader T. Fidelity's FBTC led the outflows with $79.12 million withdrawn
Treasury Secretary Scott Bessent urged Congress to pass legislation to reduce regulatory uncertainty in the cryptocurrency market. The Wall Street Journal reported on July 8 that Bessent, in an opinion piece, wrote that digital assets have already be
Korbit, a South Korean cryptocurrency exchange, is moving to build a donation model using digital assets. Korbit said May 9 that it had signed a memorandum of understanding with Good Neighbors to promote digital-asset-based donations. The agreement w
Bithumb urged users to strengthen security precautions as a new phishing tactic spreads. The South Korean crypto exchange said it had issued prevention guidelines on ClickFix phishing and infostealer malware. ClickFix is a phishing method that disgui
U.S. Democrats are calling for President Donald Trump’s impeachment over his remarks on Iran. SFGATE reported on Aug. 8 that Trump stepped up military threats after a deadline related to keeping the Strait of Hormuz open had passed, saying in effect
Shinhan Card has completed a proof of concept for next-generation payment technology using stablecoins and blockchain. The company completed proof-of-concept tests for six core projects, including a stablecoin-based payment system, according to a Jul
The market for crypto-linked card payments is growing rapidly, reshaping competition among stablecoins. The Block reported on April 8 that monthly crypto card payment volume reached about $600 million in March, more than tripling from $187 million a
Israel launched a large-scale air assault across Lebanon, further straining a two-week ceasefire agreement between the US and Iran. CNN reported on July 8 that the Israel Defense Forces struck more than 100 sites across Beirut, the Bekaa Valley and s
Rep. Ritchie Torres called on the Securities and Exchange Commission and the Commodity Futures Trading Commission to investigate unusual trading in crude oil and stock futures ahead of President Donald Trump's announcement delaying a strike on Iran.