YM Lee

Paypal to Support Payments with Over 100 Types of Virtual Assets for Merchant Customers

Global payment platform Paypal plans to enable merchant customers to utilize infrastructure supporting payments with over 100 types of virtual assets (cryptocurrencies). According to a Bloomberg report on the 28th (local time), Paypal’s virtual asset

BTCS makes additional Ethereum purchase worth $55 million—total holdings approach 70,000 ETH

Nasdaq-listed company BTCS announced that it has made an additional purchase of its strategic reserve of Ethereum (ETH). According to The Block on the 28th (local time), BTCS purchased about 14,240 ETH at an average price of $3,850. With this acquisi

Solana Co-Founder Strongly Criticizes Meme Coins…"Just Digital Trash"

Anatoly Yakovenko, co-founder of Solana (SOL), expressed a critical opinion on meme coins. According to Decrypt on the 28th (local time), Anatoly Yakovenko stated on his X (formerly Twitter), "Meme coins and non-fungible tokens (NFTs) are digital tra

Binance Alpha adds GAIA (GAIA)… Alpha Point airdrop also underway

Global virtual asset (cryptocurrency) exchange Binance (Binance) will list GAIA (GAIA) on Binance Alpha. On the 28th (local time), Binance announced through its official channel, "Binance Alpha will be the first platform to list GAIA, and an Alpha Po

Upbit Ends Support for Tether (USDT) Coin Borrowing Service

The domestic virtual asset (cryptocurrency) exchange Upbit has announced that it will end support for the Tether (USDT) Coin Borrowing service. On the 28th, Upbit stated through its official channel, "Support for the Tether Coin Borrowing service wil

Binance Coin (BNB) rises 12% in the past week... Hits all-time high

Binance Coin (BNB), the native token of the global cryptocurrency exchange Binance, has reached an all-time high. According to CoinMarketCap data on the 28th (local time), Binance Coin rose 12.74% over the past 7 days, surpassing $860 during trading.

Grab launches virtual asset top-up service for users in the Philippines

Southeast Asia's largest ride-hailing platform, Grab, has announced that it is providing a virtual asset (cryptocurrency) top-up service for users in the Philippines. On the 28th (local time), Grab announced through its official channel, "Philippine

Min Byung-deok: "Claiming that stablecoins cause a spike in prices? ...It's nothing but a baseless rumor"

Min Byung-deok, a member of the Democratic Party of Korea, directly refuted the Bank of Korea's claim that the Korean won stablecoin could be a cause of rising prices. On the 28th, Min Byung-deok stated on his Facebook page, "The Bank of Korea's conc

Bithumb Ends Lending Service…Unified Service Provided through Coin Rental

Bithumb, a domestic virtual asset (cryptocurrency) exchange, has announced that it will discontinue its recently added lending service. On the 28th, Bithumb officially announced through its channel, "For more stable service delivery, the lending serv

Ray Dalio Recommends Gold and Bitcoin as Assets Against the Decline in Fiat Currency Value

Ray Dalio, the godfather of hedge funds, once again emphasized the value of gold and Bitcoin (BTC). According to Foresight News on the 28th (local time), Ray Dalio, founder of Bridgewater Associates, stated: "To guard against the risk of fiat currenc

Last week, $1.9 billion flowed into digital asset investment products… Monthly inflows reach an all-time high

Last week, a staggering $1.9 billion flowed into digital asset investment products. On the 28th (local time), cryptocurrency asset manager CoinShares published its 'Weekly Digital Asset Fund Flows' report, stating, "Last week, digital asset investmen

Wavebridge unveils institution- and corporate-only platform 'Wavebridge Prime'

Wavebridge, a digital asset financial infrastructure company catering to corporations and institutions, announced on the 28th that it will expand and rebrand its existing digital asset management platform Dolfin into a prime brokerage platform, 'Wave

Binance Lists Four New Spot Trading Pairs Including CVX/USDC

Global cryptocurrency exchange Binance has announced the listing of four new spot trading pairs. On the 28th (local time), Binance stated through its official channels that it will list four spot trading pairs: BANANAS31/TRY, CVX/USDC, FUN/USDC, and

US Ethereum Spot ETF Weekly Inflows Reach $1.85 Billion—Second Largest on Record

The US spot Ethereum (ETH) exchange-traded funds (ETF) recorded massive inflows of $1.85 billion last week. This marks the second-largest weekly inflow ever. On the 28th (local time), cryptocurrency-focused media outlet The Block, citing SosoValue da

Democratic Party of Korea and People Power Party each propose legislation to institutionalize 'KRW stablecoin' today

The two major domestic parties, the Democratic Party of Korea and the People Power Party, each introduced legislation today to institutionalize 'KRW stablecoin.' From the Democratic Party of Korea, ten lawmakers including An Do-geol (Bok Gi-wang, Seo

BOK Union: "Stablecoins Are a 'New Type of Unregistered Deposit Business'...Possible Risk of Coin Run"

The labor union of the Bank of Korea has expressed a critical stance on the introduction of KRW stablecoins. According to industry sources on the 28th, Kang Young-dae, chairman of the BOK union, stated in a declaration, "Stablecoins, which are merely

U.S. Democratic Party Expresses Concerns Over Review of Virtual Assets as Collateral for Mortgage Loans

U.S. Democratic senators have expressed concerns about using virtual assets that have not been converted to cash as collateral for mortgage loans. According to a report by Cointelegraph on the 28th (local time), U.S. Democratic senators sent a letter

Humanity Protocol: "Building Trust in the AI Era with 'Proof of Humanity' Infrastructure" [Cointerview]

Interview with Terence Kwok, CEO of Humanity Protocol Solving AI Side Effects with 'Proof of Humanity' Infrastructure Utilizing Biometric Authentication Technologies like 'Palm Scan' Sharing Only Desired Data with 'zkTLS' Active Collaboration with Ko

Ethereum Reserve Company 'Bitmine' Lists Common Stock Option Product on Nasdaq

Bitmine Immersion (BMNR), a cryptocurrency mining company that promotes its strategy of reserving '5% of all Ethereum (ETH) worldwide,' is listing a common stock option product on Nasdaq. On the 23rd (local time), Bitmine announced, "This listing of

Mara Holdings issues convertible bonds worth $850 million for Bitcoin purchases

Bitcoin (BTC) mining company Mara Holdings (MARA) has announced the issuance of senior convertible bonds totaling $850 million. On the 23rd (local time), Mara Holdings announced through its official channel that it plans to issue senior convertible b

Goldman Sachs and BNY Mellon to Offer Tokenized Money Market Funds to Institutional Clients

Global investment banks Goldman Sachs and BNY Mellon will offer tokenized money market fund products to institutional investors. According to Cointelegraph on the 23rd (local time), BNY Mellon clients will now be able to invest in a money market fund

Trump: "Powell doesn't understand the current situation and refuses to cut rates... A 3%p reduction is needed"

President Donald Trump once again criticized Jerome Powell, chair of the Fed. On the 23rd (local time), President Donald Trump stated on his Truth Social platform, "The biggest reason for the stagnant housing market in the United States is Jerome Pow

XRP climbs to 91st in global asset market cap, surpassing BlackRock and PepsiCo

XRP has ranked 91st in the global asset market capitalization list. On the 23rd (local time), crypto-specialized media outlet Decrypt, citing Infinite Market Cap data, reported that “XRP, currently the third largest cryptocurrency by market capitaliz

"Large-Scale Adoption of Virtual Assets Expected to Occur Through Payments and Artificial Intelligence"

There is a forecast that the key to widespread adoption of virtual assets (cryptocurrencies) will be payments and artificial intelligence (AI). On the 23rd (local time), Cointelegraph, a media outlet specializing in virtual assets, cited a report joi

US Treasury Secretary: "Trump Will Not Dismiss Powell"

Scott Bessent, U.S. Treasury Secretary, predicted that President Donald Trump will not dismiss Federal Reserve Chair Powell. On the 23rd (local time), Treasury Secretary Scott Bessent said in an interview with Bloomberg TV, "We have regular meetings

Ethereum validator exit queue surges… 521,000 ETH awaiting withdrawal

Recently, as the price of Ethereum (ETH) has surged, the validator node exit queue has increased sharply. According to The Block on the 23rd (local time), the sudden spike in Ethereum validator node exit withdrawals has pushed the queue out to an unp

CoinShares Secures European Union MiCA License

Virtual asset (cryptocurrency) management company CoinShares has announced that it has obtained the comprehensive regulatory MiCA license from the European Union (EU). According to a report by CoinDesk on the 23rd (local time), CoinShares stated, "We

Spot Ethereum ETFs Absorb Market Liquidity… Inflows Exceed $4 Billion in Two Weeks

The spot Ethereum (ETH) Exchange-Traded Fund (ETF) is currently absorbing much of the liquidity in the cryptocurrency market. On the 23rd (local time), cryptocurrency-specialized media Cointelegraph, citing SoSoValue data, reported, “The spot Ethereu

Bianance Delists 2 Spot Trading Pairs Including GPS/FDUSD

The global virtual asset (cryptocurrency) exchange Bianance announced on the 23rd that it will delist two spot virtual asset trading pairs, GPS/FDUSD and HIVE/FDUSD. Bianance explained, "To protect users and maintain high-quality trading markets, we

"Ethereum Overheating, No Need to Worry Yet"

Recently, some opinions have emerged stating that the overheating trend caused by the sharp rise of the leading altcoin, Ethereum (ETH), is not yet a cause for concern. On the 23rd (local time), Dan, an analyst at the on-chain analysis platform Crypt