YM Lee

Trump Shows ‘Strong Commitment’ to Clarity Act in White House Meetings With Crypto, Finance CEOs

President Donald Trump has held direct talks with top cryptocurrency and financial industry executives as he pushes for passage of the Clarity Act, a bill aimed at establishing rules for crypto regulation. Crypto news outlet The Block reported on Aug

CFTC’s Quintenz Says Agency Will Write Crypto Rules if CLARITY Act Fails

The US Commodity Futures Trading Commission plans to move ahead with its own crypto regulatory overhaul regardless of whether Congress passes digital-asset market structure legislation. Cointelegraph reported on August 20 that CFTC Commissioner Brian

Bitcoin Breaks Above 200-Day Moving Average for First Time in Nine Months, Nears $73,000

Bitcoin has broken above its 200-day moving average for the first time in about nine months, fueling hopes that it may be emerging from a long-term downtrend. Cointelegraph reported on August 20 that chart-analysis platform Barchart said Bitcoin had

Washington State Court Orders Kalshi to Halt Sports, Election Event Contracts

A Washington state court has issued a final order requiring prediction market platform Kalshi to stop offering a broad range of event contracts, including those tied to sports and elections. The Block reported on Aug. 13 that the court found Kalshi w

Artoken Stages Sumi Jo 40th-Anniversary Exhibition at ArtCube 2R2

A special exhibition marking soprano Sumi Jo’s 40th anniversary since her world-stage debut is being held at ArtCube 2R2, a multiuse cultural venue operated by blockchain-based art platform Artoken. Artoken said Aug. 14 that Jo visited the special ex

US July CPI Cools, Lending Support to Warsh’s Cautious Fed Stance

A milder-than-expected increase in the U.S. consumer price index in July has strengthened the case for Federal Reserve Chair Kevin Warsh’s cautious approach to monetary policy. In an editorial published on August 12, The Wall Street Journal wrote tha

Ethereum Foundation Drops Poseidon Hash Function From Quantum-Resistant Plan

The Ethereum Foundation has removed the Poseidon hash function from its quantum-resistant architecture plan and shifted to established alternatives. Cointelegraph reported on August 13 that Ethereum Foundation researcher Justin Drake said the organiz

Fake Crypto Tax Emails Spread in South Korea, Tax Agency Warns Users Not to Click Links

South Korea’s National Tax Service warned users to be on alert as phishing emails masquerading as notices on virtual-asset taxation spread. The agency said on August 14 that spoofed emails with subject lines including “Advance Explanation Notice on V

Kospi Reclaims 7,000 in Early Trade on Strength in US Tech Stocks

The Kospi reclaimed the 7,000 level early Friday, lifted by gains in US technology stocks. The benchmark moved above 7,000 intraday for the first time since July 24, snapping a 15-session stretch below that level. As of 9:04 a.m. on August 14, the Ko

Shinhan Asset, Plume to Test Won-Denominated Tokenized Fund

Shinhan Asset Management is teaming up with Plume Network, a global real-world asset platform, to test a won-denominated tokenized fund. Shinhan Asset said Aug. 14 that it signed a memorandum of understanding with Plume for a proof-of-concept project

Morgan Stanley Says Protracted Hormuz Talks to Keep Oil Prices Firm

Morgan Stanley said negotiations between the U.S. and Iran over the Strait of Hormuz are unlikely to be resolved quickly, with uncertainty over crude supply set to persist. In an Aug. 13 report, the bank said the talks will probably become a drawn-ou

Dunamu’s Upclass Junior to Resume on Aug. 18; Digital Finance Awareness Rises Sixfold

Dunamu has completed the first-half session of Upclass Junior, its digital finance education program for teenagers, and will begin the second-half schedule on Aug. 18. Upclass Junior is the youth track of Upclass, Upbit’s age-tailored financial educa

Robinhood Chain Nears $1 Billion in TVL, With Uniswap Fueling Liquidity

Robinhood Chain is approaching $1 billion in total value locked just over a month after its launch, with its partnership with Uniswap rapidly supporting liquidity growth. Cointelegraph reported on Aug. 13 that Geoffrey Kendrick, an analyst at Standar

S&P 500 Hits Record Close as Cooling US Inflation, Lower Oil Prices Lift Stocks

Major US stock indexes rose across the board as inflation pressures eased and oil prices fell, lifting the S&P 500 to a record closing high. On Aug. 13, the S&P 500 gained 0.65% to 7,798.99 at the New York Stock Exchange. The Dow Jones Industrial Ave

US Says Hormuz Oil Flows Rebounded to 9 Million Barrels a Day, Up to Five Times Private Estimates

The US government says crude flows through the Strait of Hormuz have recovered to about 9 million barrels a day, but private ship-tracking data show a much lower figure. Reuters reported on August 13 that US Energy Secretary Chris Wright recently sai

Citi CEO Backs Clarity Act, Raises Concerns Over Stablecoin Yield Provision

Citi Chief Executive Officer Jane Fraser said she wants the Clarity Act to pass, while raising concerns about a provision that would allow some stablecoin-related yields. The Block reported on August 13 that Fraser told Fox Business she had not given

CFTC Weighs Standalone Crypto Rules as Congress Stalls on Legislation

The Commodity Futures Trading Commission is considering whether to pursue cryptocurrency regulation on its own without waiting for Congress to pass legislation. The step follows a similar move by the Securities and Exchange Commission. Cointelegraph

Baltimore Sues Kalshi, Polymarket Over Alleged Unlicensed Sports Betting

Baltimore has sued prediction-market platforms Kalshi and Polymarket, alleging they violated local gambling laws. Cointelegraph reported on Aug. 13 that the city of Baltimore and Mayor Brandon Scott accused Kalshi and Polymarket of operating “unlicen

SEC Delays Public Meeting on Crypto Regulation

The U.S. Securities and Exchange Commission has delayed a public meeting that had been scheduled for Aug. 14. In a notice issued on Aug. 13, the SEC said it was canceling the meeting set for 10 a.m. on Aug. 14. The agency said it remains committed to

Gemini Posts $107.7 Million Q2 Net Loss; Shares Sink 7% After Hours

Gemini shares fell sharply in after-hours trading after the cryptocurrency exchange posted a steep net loss for the second quarter. The Block reported on August 13 that Gemini recorded a net loss of $107.7 million in the second quarter. Revenue rose

Michael Burry Warns ‘Abnormal’ Credit Structures Are Spreading in AI Investment Boom

Investor Michael Burry, known for predicting the 2008 global financial crisis, warned that abnormal credit structures are spreading across the artificial intelligence investment market. In a post on Aug. 13, Burry said he was concerned that Nvidia an

RoboStrategy Raises $122.9 Million in Share Issuances to Expand Physical AI Investments

RoboStrategy, an investment fund focused on private robotics and physical AI companies, has raised about $122.9 million through five private issuances of new shares. The company said on Aug. 10 that it issued a total of 4,045,512 common shares in the

MARA Holdings Hit by Bitcoin Slump With $611.3 Million Second-Quarter Net Loss

MARA Holdings, a Bitcoin miner, posted a sharp net loss in the second quarter of 2026 as lower Bitcoin prices outweighed higher production. Cointelegraph reported on Aug. 7 that MARA posted a net loss of $611.3 million in the quarter, compared with n

Bitget Seeks Entry Into Bhutan’s Gelephu Economic Zone, Signs Deal on Crypto License

Crypto exchange Bitget is seeking to enter Bhutan’s Gelephu Mindfulness City, or GMC. Bitget signed an agreement with GMC authorities to explore obtaining a local digital-asset license and setting up a local entity there, Cointelegraph reported on Au

US Spot Ether ETFs Draw $92.14 Million; No Fund Records Outflows

US spot Ether exchange-traded funds recorded $92.14 million in net inflows in one day. Trader T data for Aug. 6 showed BlackRock's ETHA led the gains with $81.14 million of inflows, accounting for most of the day's total. BlackRock's staking ETF ETHB

US Spot-Bitcoin ETFs Draw $128.69 Million in Net Inflows, Led by BlackRock

US spot-Bitcoin exchange-traded funds recorded $128.69 million in net inflows in one day. Trader T data for Aug. 6 showed BlackRock’s IBIT led the gains with $128.33 million in net inflows. Fidelity’s FBTC took in $11.2 million. Morgan Stanley’s MSBT

SpaceX Gains 6% After 911.5 Million Shares Are Unlocked Without Heavy Selling

SpaceX shares rose more than 6% even after lockup restrictions expired on about 911.5 million shares held by employees and early investors. The move suggested investors largely took a wait-and-see approach instead of rushing to sell. Business Insider

Sui to Add NIST-Approved Quantum-Resistant Signatures, Enable Migration With Existing Recovery Phrases

Sui, the blockchain network, plans to add two quantum-resistant signature schemes approved by the US National Institute of Standards and Technology, or NIST, to address threats from quantum computing. The network plans to integrate ML-DSA-65 for stan

US Senate Delays Clarity Act Vote to September, Missing August Recess Deadline

The US Senate vote on the Clarity Act, a digital-asset market structure bill, has been delayed until September. Jordain Carney, a senior congressional reporter at Politico, wrote on X on August 6 that Senate Republican leader John Thune had pushed th

Senate Vote on Clarity Act Unclear as Ethics, Stablecoin Yield Issues Emerge

The US Senate’s path to taking up the Clarity Act, a digital-asset market structure bill, has become increasingly uncertain. A White House review of changes to the bill’s ethics provisions, combined with disagreements over stablecoin yield, has cloud