YM Lee

Pantera Capital Releases Report on Crypto Prediction Markets Using Surf Data

Pantera Capital, a global blockchain investment firm, has released a report on crypto prediction markets using the data infrastructure of Surf, a digital-asset AI analytics platform. Surf said July 10 that Pantera Research Lab published “Crypto on th

Binance CEO Says 70% of EU User Outflows Went to Self-Hosted Wallets, Casting Doubt on MiCA

About 70% of assets withdrawn by European users from Binance after the European Union's Markets in Crypto-Assets regulation took effect were moved to self-hosted wallets rather than regulated exchanges. Richard Teng, Binance's chief executive officer

Kaia, Hanwha Investment’s Singapore Unit Pinetree, Galactica Team Up on Ship-Finance Tokenization

Kaia is expanding its real-world asset tokenization business, starting with ship finance, through a partnership with Pinetree, the Singapore unit of Hanwha Investment & Securities, and real-world asset tokenization firm Galactica. The three companies

Polymarket Applies for US Futures Broker License to Offer Margin Trading

Polymarket has started the regulatory approval process to legalize margin trading services in the US. Bloomberg reported on July 9 that Polymarket, through its subsidiary Coming Home GBA LLC, filed an application on July 3 with the National Futures A

Goldman Sachs Restricts Employee Prediction-Market Trading to Curb Insider Risk

US financial firms including Goldman Sachs and JPMorgan Chase are tightening employee trading restrictions as they respond to insider-trading risks tied to the growth of prediction markets. CNBC reported on July 9 that Goldman Sachs has adopted inter

Coupang to Launch Rocket Pay, Expanding Into Online, Offline Payments

Coupang Inc. will launch Rocket Pay, expanding its payment service beyond its own platforms to online and offline merchants. Coupang said July 10 that it plans to introduce the new payment service in the second half of 2026. Payments previously limit

South Korea Again Fails to Win MSCI Developed-Market Status as Offshore Won Curbs Remain

South Korea’s stock market has once again been left out of MSCI’s developed-market index. Access for foreign investors has improved, but restrictions on offshore won trading remain a key hurdle, the Financial Times reported. MSCI kept South Korea in

Dunamu, Seoul Partner on Youth Financial Education, Broaden Digital-Asset Curriculum

Dunamu, the operator of Upbit, signed a memorandum of understanding with the Seoul Metropolitan Government to provide economic and financial education for young people and broaden their understanding of digital assets. Dunamu said July 10 that it sig

Ethereum Draws Spot Buying Ahead of ‘Glamsterdam’ Upgrade as Leverage Falls

Ethereum is attracting medium- to long-term buying interest ahead of the network’s major “Glamsterdam” upgrade, as leverage declines and spot trading rises. CryptoPotato reported on July 9 that crypto analyst Wise Crypto wrote on X that market attent

US, China Strategic Oil Reserve Refill May Put Floor Under Crude Prices

The US and China are moving to rebuild their strategic petroleum reserves, a step that could help limit declines in global oil prices. Reuters reported on July 10 that major countries including the US and China plan to buy crude over the next several

AVAX One Regains Nasdaq Compliance After 12-for-1 Reverse Stock Split

AVAX One, a digital-asset treasury company that holds Avalanche's AVAX as a strategic asset, has regained compliance with Nasdaq listing requirements after a reverse stock split. Decrypt reported on July 9 that AVAX One had received notice from Nasda

Coinbase Chief Legal Officer Grewal to Leave After SEC Case Ends, Join Startup

Coinbase Chief Legal Officer Paul Grewal is leaving the company after helping conclude its yearslong legal fight with the US Securities and Exchange Commission. Coinbase announced Grewal’s departure and a broader executive reshuffle on July 9, CoinDe

Bitdeer to Build $36 Million Mining Equipment Plant in Nevada; Shares Jump 14%

Bitdeer Technologies, a Bitcoin mining infrastructure company, said its shares jumped more than 14% after it announced plans to expand its in-house manufacturing capacity in the US. Cointelegraph reported on July 9 that Bitdeer plans to build a $36 m

Arbitrum Jumps 19% as Robinhood Chain Surpasses $568 Million in Daily Volume

Robinhood’s new blockchain posted explosive trading activity in its first week, driving a sharp rally in Arbitrum’s token, the network that underpins the chain. CoinDesk reported on July 9 that Arbitrum’s native token, ARB, climbed 19% in the past 24

X Money Launch Spurs Expectations for Future Crypto Payments

Social media platform X, formerly Twitter, has launched its in-house payments service, X Money, fueling expectations that cryptocurrency payment features could be added later. Catena reported on July 2 that X Money was released to U.S. Premium and Pr

US Is Polymarket’s Biggest Political Betting Market Despite Access Ban

The US remains Polymarket’s largest national market for political betting even though the crypto-based prediction platform blocks American users. Cointelegraph reported on July 3 that blockchain research firm Allium said in a recent report that US us

BNY Expands Circle Partnership, Adds USDC Services for Institutions

BNY, the largest custodian bank in the US, is expanding its partnership with stablecoin issuer Circle to broaden USDC services for institutional investors. Kadena reported on July 3 that BNY will add USDC support to its digital asset custody platform

US Spot Ether ETFs Draw $29.1 Million, Led by BlackRock

US spot Ether exchange-traded funds extended their streak of net inflows. The funds recorded combined net inflows of $29.1 million on July 2, according to Trader T. BlackRock’s ETHA led the inflows with $29.74 million. Fidelity’s FETH added $850,000,

US Spot Bitcoin ETFs See $221.72 Million Inflow, Ending 10-Day Outflow Streak

U.S. spot-Bitcoin exchange-traded funds posted net inflows on July 2, ending a streak of net outflows that had lasted 10 trading days. According to Trader T, the funds recorded combined net inflows of $221.72 million. That marked the end of the 10-se

Bitwise Says Strategy’s Lead in Bitcoin Buying Is Set to Fade as Institutional Demand Broadens

Bitwise Asset Management said Strategy’s dominance as the leading buyer of Bitcoin has effectively run its course. Matt Hougan, Bitwise’s chief investment officer, told Cointelegraph on July 3 that Strategy had for years been the world’s most dominan

SEC Investment Management Chief Says Agency Misstepped on Crypto, Vows Orderly ETF Review Process

The US Securities and Exchange Commission acknowledged it lost the industry's trust in its earlier handling of crypto regulation and said it plans to improve its review framework for exchange-traded funds. Brian Daly, director of the SEC's Division o

Yen Carry Trade Unwind Fears Re-Emerge as Risk to US Tech Rally

The prospect of further interest-rate increases by the Bank of Japan is back in focus, raising concern that an unwind of the yen carry trade could become a new risk to the rally in US technology stocks. The Wall Street Journal reported on July 3 that

Won Opens at 1,544.5 Per Dollar as Weak US Jobs Data Weighs on Greenback

The won opened sharply stronger against the dollar after weak US employment data reduced expectations for another Federal Reserve rate increase. In Seoul on July 3, the won opened daytime trading at 1,544.5 per dollar, up 11.3 won from the previous s

Coinbase Executive Says More Than 40 Countries Are Weighing Bitcoin as Strategic Asset

More than 40 countries are exploring plans to incorporate Bitcoin into strategic state assets, according to an analysis. John D'Agostino, Coinbase's head of institutional strategy, told Katena on July 2 that more than 40 countries are considering add

Bitcoin Reclaims $61,000 After Weak US Jobs Data as On-Chain Signals Improve

Bitcoin regained the $61,000 level after weak US employment data, while on-chain indicators pointed to signs of seller exhaustion. Cointelegraph reported on July 2 that Bitcoin recovered the $61,000 mark, rebounding from the previous day's low of $57

NOBLE Backs US CLARITY Bill, Citing Stronger Tools Against Financial Crime

The National Organization of Black Law Enforcement Executives, or NOBLE, has formally endorsed the CLARITY Act, a US digital-asset market structure bill. It is the first public endorsement of the legislation by a major law-enforcement organization. I

Ethereum Foundation Says Neutrality Is Central to Government Digital Infrastructure

The Ethereum Foundation said neutrality is the most important consideration for governments and institutions building digital infrastructure, presenting Ethereum as an alternative for public digital infrastructure. The foundation's global policy stra

Coinone Signs On as Main Sponsor of Waterbomb Sokcho 2026, Offers Tickets and Hotel Stays

Coinone, a South Korean cryptocurrency exchange, has signed on as the main title sponsor of summer music festival Waterbomb Sokcho 2026 as it steps up efforts to reach consumers in their 20s and 30s. The company said Friday it is launching a promotio

IMF Says Tokenization Could Reshape Finance, Warns of New Systemic Risks

The International Monetary Fund said tokenization has the potential to fundamentally reshape the structure of financial markets, while warning that it could create new systemic risks if standards and regulation are not put in place. Cointelegraph rep

Semiconductor Stocks Sink for Second Day as Wall Street Eyes Rotation Into Cyclicals

Semiconductor stocks plunged for a second straight day in US trading, with Wall Street increasingly focused on whether a rotation out of technology and into economically sensitive sectors will persist. Concerns about a pullback in artificial intellig