YM Lee

Tether Expands Into Saudi Real Estate Tokenization Using Hadron Platform

Tether, the issuer of the USDT stablecoin, is expanding its real-world asset tokenization business into the Middle East, starting with Saudi Arabia’s real estate market. CoinDesk reported on August 6 that Tether will use its Hadron tokenization platf

Kospi Reclaims 6,400 as Foreign Buying Boosts Samsung Electronics, SK Hynix

South Korea’s Kospi rebounded early on August 7, reclaiming the 6,400 level a day after a sharp selloff. Foreign buying lifted semiconductor shares including Samsung Electronics and SK Hynix. The Kospi opened at 6,365.07, up 1.09% from the previous s

On-Chain Flows Shift as RWA Deposits More Than Triple in a Year

On-chain capital is flowing rapidly into the market for tokenized real-world assets, or RWAs. Deposits tied to RWAs more than tripled over the past year even as total DeFi deposits declined. The Block reported on August 6 that CoinShares and Token Te

Hardware Wallet Breach at Coinkite Causes $130 Million in Losses

A firmware vulnerability in a hardware wallet used to store Bitcoin led to about $130 million in losses. Bloomberg reported on August 6 that hackers exploited a firmware flaw in Coldcard devices made by Canadian hardware wallet maker Coinkite Inc. Th

Wall Street Closes Lower as Middle East Tensions Send Oil Higher, Weigh on Chip Shares

U.S. stocks closed lower on August 6 as surging oil prices and weakness in semiconductor shares weighed on sentiment amid renewed tensions in the Middle East. The Dow Jones Industrial Average fell 0.85% to 53,885.10. The S&P 500 dropped 0.18% to 7,70

Wintermute Registers as SEC Broker-Dealer, Expands Into Stocks, Options and Crypto ETFs

Crypto market maker Wintermute is expanding into traditional finance after registering a subsidiary as a broker-dealer with the U.S. Securities and Exchange Commission. The Block reported on August 6 that Wintermute registered the unit with the SEC a

Coinbase’s Base App Shifts to Multichain Trading, Reducing Dependence on Its Own Chain

Coinbase’s Base app is moving beyond services built around its own blockchain and shifting to a multichain platform for trading assets across multiple networks. The Block reported on Aug. 6 that Base creator Jesse Pollak said on the podcast “The Star

Crypto PAC Fairshake Puts $1.5 Million Into Three State Primaries After Michigan Defeat

Crypto-backed political action committee Fairshake spent $1.5 million on primaries in Florida, Alaska and Wyoming after a defeat in Michigan. Cointelegraph reported on August 6 that Fairshake affiliates Defend American Jobs and Protect Progress spent

MARA, CleanSpark Post Double-Digit Revenue Declines as AI Infrastructure Pivot Accelerates

MARA Holdings and CleanSpark both posted double-digit revenue declines, underscoring how worsening Bitcoin mining economics are pressuring results as the companies push into AI infrastructure. Crypto news outlet The Block reported on August 6 that MA

Ondo Finance Control Fight Escalates as Founder’s Mother Sues to Oust CEO

Ondo Finance, a company that tokenizes real-world assets, has been drawn into a control battle following the death of its founder. The founder’s mother has filed a lawsuit seeking the removal of the current chief executive officer and the transfer of

Trump Could Avoid Billions in Taxes if Forced to Sell Crypto Holdings

A bipartisan crypto bill under discussion in Congress includes an ethics provision that could deliver a major tax break to President Donald Trump, Bloomberg reported on August 6. A draft provision proposed by senators would require Trump to divest as

Lee Jun-seok Urges South Korea to Make Blockchain a National Strategy to Secure Global Edge [EastPoint: Seoul 2026]

Interview with Reform Party leader Lee Jun-seok "Separate exchanges and brokerage to open competition" "WonSCO should target cross-border payments first" Proposes blockchain finance tied to real estate and semiconductors "Blockchain should not be vie

Kospi’s No. 2-4 Stocks All Hit Limit Up in First for South Korea

SK Hynix, SK Square and Samsung Electro-Mechanics all hit their daily upper trading limits, an unusual move that sent the Kospi’s second- through fourth-largest stocks by market value to the ceiling at the same time. The Korea Exchange said SK Hynix

Wintermute Says Next Altcoin Season May Be More Selective as Institutions Focus on Fewer Tokens

Wintermute, the crypto market maker, said the next altcoin season may benefit far fewer tokens than in past cycles as institutional money concentrates in a small group of assets. Cointelegraph reported on July 31 that Wintermute, in its "H1 2026 OTC

SK Hynix Hits Daily Limit; Samsung Electronics Rises 27%

Kospi Jumps 15%, Tops 6,500 Intraday as Foreigners Buy 8.91 Trillion Won

South Korea’s Kospi jumped about 15% in intraday trading on foreign buying, briefly topping 6,500. Semiconductor stocks including Samsung Electronics and SK Hynix led the advance. As of 1:30 p.m. on July 31, the Kospi stood at 6,426.77, up 833.21 poi

US Spot Ether ETFs Post $7.39 Million Net Inflow, Extending Modest Gains

U.S. spot Ether exchange-traded funds recorded a net inflow of $7.39 million, extending a modest run of fresh money into the products. Trader T data for July 30 showed total net inflows of $7.39 million into U.S. spot Ether ETFs. BlackRock’s iShares

US Spot Bitcoin ETFs Log $233.15 Million in Net Inflows as Institutional Buying Continues

US spot Bitcoin exchange-traded funds recorded $233.15 million in net inflows over one day, extending institutional buying. Trader T data for July 30 showed total net inflows of $233.15 million into US spot Bitcoin ETFs. BlackRock's iShares Bitcoin T

Coinkite Issues Coldcard Mk3 Security Warning as $38.3 Million Bitcoin Transfer Is Investigated

Coinkite said seed phrases generated on Coldcard Mk3 devices running firmware version 4.0.1 or later, released in March 2021, may be at risk of theft, Cointelegraph reported on July 31. Affected versions extend through 5.0.3, the final supported rele

Bhutan’s Gelephu Taps Canada’s 3iQ to Manage Part of Bitcoin Treasury

Bhutan’s special administrative region, Gelephu Mindfulness City, has hired Canadian digital-asset manager 3iQ to manage part of its Bitcoin treasury. Cointelegraph reported on July 31 that Gelephu signed a partnership with 3iQ to oversee a portion o

Lummis Says Hawley Still Opposes CLARITY Act, Stablecoin Yield Provisions May Be Revised

Divisions within the Republican Party over the CLARITY Act, a digital-asset market structure bill, continue, and some stablecoin provisions may be revised in response to opposition from the banking industry. Sen. Cynthia Lummis said on the CryptoAmer

Samsung Electronics, SK Hynix Jump About 20% as US Chip Rally, Chey Buy Boost Sentiment

Samsung Electronics Co. and SK Hynix Inc. jumped about 20% in early trading on July 31, lifted by an overnight rally in U.S. semiconductor stocks and news that SK Group Chairman Chey Tae-won had made his first open-market purchase of SK Hynix shares.

Buy-Side Sidecars Triggered Simultaneously on Kospi and Kosdaq

[Breaking] Samsung Electronics, SK Hynix Open Up More Than 20% as Kospi Surges 14%

Bipartisan Senators Send CLARITY Act Ethics Amendment to White House

Two U.S. senators, one Republican and one Democrat, have sent the White House a proposal to revise the ethics provisions of the CLARITY Act, a digital-asset market structure bill, Cointelegraph reported on July 30. Republican Senator Thom Tillis and

Perpetual Futures Spread Beyond Crypto to Stocks, Commodities, Opening Era of 24/7 Trading

Perpetual futures contracts, a product that gained prominence in crypto markets, are rapidly spreading across traditional finance, including stocks, commodities and stakes in private companies, CoinDesk reported on July 30. Matthew Fisher, chief exec

Schumer Introduces Bill to Create Anti-Corruption Bureau Targeting Trump Crypto Profits

Senate Democratic Leader Chuck Schumer has introduced legislation to create an independent anti-corruption agency that would investigate and prosecute corruption across the federal government, including President Donald Trump’s cryptocurrency busines

Strategy Posts $8.2 Billion Q2 Net Loss as Bitcoin Slump Cuts Holdings Value

Strategy (MSTR), the world’s largest corporate holder of Bitcoin, posted a net loss of $8.2 billion in the second quarter as a drop in the cryptocurrency’s price sharply reduced the value of its holdings. Crypto media outlet CoinDesk reported on July

Axis Robotics Raises $12 Million in Seed Funding to Expand Physical AI Data Infrastructure

Axis Robotics, a physical AI data infrastructure company, has raised $12 million in seed funding. The company announced on July 27 that it secured the funding in a seed round led by Hack VC. Nomad Capital, Pi Network, 10K Ventures and multiple angel

South Korean FX, Bond Markets Focus on Oil and FOMC; Won Seen in Mid- to Upper-1,400 Range

South Korea’s foreign-exchange and bond markets are set to take their cues this week from global oil prices and the outcome of the Federal Open Market Committee meeting. Market participants expect the won to trade in the mid- to upper-1,400 range aga