YM Lee

NFT market slump deepens… 5 consecutive quarters of decline

It has been found that the downturn in the non-fungible token (NFT) market is becoming prolonged. On the 9th, the cryptocurrency-specialized media outlet CryptoPolitan, citing data from DappRadar, reported, "In the second quarter of this year, NFT sa

'Reverse Premium' Phenomenon Occurs at Korean Virtual Asset Exchanges such as Upbit

A reverse premium phenomenon has occurred at domestic virtual asset (cryptocurrency) exchanges, where trading is taking place at prices lower than global prices. According to data from the domestic virtual asset data platform Kimpga on the 9th, the p

Wemade, DSRV, and T Scientific Also File Trademarks for KRW Stablecoins

Wemade, which made waves in the blockchain gaming industry with MIR4 Global, and blockchain company DSRV have also applied for KRW stablecoin trademarks. According to IP data from KIPRIS on the 9th, Wemade has registered three trademarks—including KR

Trump "To Release Trade Data Related to at Least 7 Countries Tonight"

Donald Trump, President of the United States, plans to release trade data involving multiple countries tonight. On the 9th (local time), President Trump announced via his Truth Social platform, "Tomorrow morning, trade data related to at least seven

Woori Bank files 12 trademark applications for KRW stablecoins

It has been revealed that Woori Bank has filed 12 trademark applications for stablecoins. According to data from the Korea Intellectual Property Rights Information Service (KIPRIS) of the Korean Intellectual Property Office as of the 9th, Woori Bank

Bithumb offers up to 4x leverage on held assets... Korea's first 'Coin Lending Service'

Bithumb has launched a 'Coin Lending Service' that supports higher leverage for virtual asset (cryptocurrency) lending than existing lending services. This service is operated by the partner company Blocktorial, which has been providing lending servi

BioSig and Streamex raise $1.1 billion... accelerating gold RWA expansion

BioSig (BioSig, BSGM), a US Nasdaq-listed company that announced a merger in May, and Streamex (Streamex Exchange Corporation) have announced that they will continue expanding their gold real-world asset tokenization (RWA) through $1.1 billion in gro

"Solana, Funding Rate Turns Negative... Investor Sentiment Worsens Amid Declining Demand"

As the funding rate of Solana (SOL) perpetual futures turned negative, doubts among investors regarding the potential for a bull market are increasing. On the 9th (local time), cryptocurrency-specialized media Cointelegraph reported, "Since the end o

"U.S. SEC Accelerates ETF Listing Approval Process... Regulatory Atmosphere Has Changed"

The U.S. Securities and Exchange Commission (SEC) appears to be considering a framework that can expedite the approval process for Exchange-Traded Fund (ETF) listings, suggesting a constructive shift in the regulatory agency’s approach. On the 9th (l

[Today's Major Economic and Cryptocurrency Schedules] US FOMC Minutes & More

<Today's Major Economic Schedules> ▶︎Wednesday 9th: △US Crude Oil Inventories (Korea Time 23:30, Local Time 10:30), △US FOMC Minutes (Korea Time 10th 03:00, Local Time 14:00) <Today's Major Cryptocurrency Schedules> ▶︎Wednesday 9th: △Avail (AVAIL) AM

Arizona Governor Vetoes Bill on Strategic Reserve of Seized Virtual Assets

Arizona Governor Katie Hobbs exercised her veto power on a bill that would allow for the strategic reserve of seized virtual assets (cryptocurrencies). According to a report by Cointelegraph on the 2nd (local time), Governor Katie Hobbs vetoed House

Binance to Delist 4 Spot Trading Pairs Including ACT/EUR

Global cryptocurrency exchange Binance has announced that it will delist four cryptocurrency spot trading pairs, including ACT/EUR. On the 2nd (local time), Binance stated on its official channels, "We will suspend the spot trading pair services for

Netmarble's Marblex Considering Korean Won Stablecoin Business... Also Approaches Toss

Netmarble's blockchain specialist subsidiary Marblex (Marblex, MBX) is reportedly reviewing plans to launch a Korean won-based stablecoin business. On the 2nd, a Marblex representative told BloomingBit over the phone, "We are interested in Korean won

"Despite Bitcoin's Downtrend, Market Bullish Expectations Remain"

Despite Bitcoin (BTC) dropping to the $105,000 range, investor optimism toward a bullish market outlook remains strong. According to Cointelegraph on the 2nd (local time), the Crypto Fear & Greed Index, a gauge of sentiment in the virtual asset marke

Kim Seo-joon: "The 'golden time' for a KRW stablecoin is now... We must not miss the digital finance trend"

Kim Seo-joon, CEO of Hashed, emphasized that there should be no hesitation in promoting the introduction of a KRW stablecoin. On the 2nd, CEO Kim stated on his Facebook, "The competition over currency sovereignty surrounding stablecoins is intensifyi

Ethereum Spot ETF Records $40.7 Million Net Inflow

It has been observed that there was a net capital outflow in Ethereum (ETH) spot Exchange-Traded Funds (ETFs). According to Farside Investors data on the 1st (local time), Ethereum spot ETFs saw an inflow of approximately $40.7 million. The product w

Bitcoin Spot ETF Records $342 Million Net Outflow...Turns to Outflow after 16 Trading Sessions

The Bitcoin (BTC) spot Exchange-Traded Fund (ETF) has recorded a net capital outflow for the first time in about a month. According to Farside Investors data on the 1st (local time), approximately $342 million was withdrawn from Bitcoin spot ETFs. Th

Ethereum Community Fund Launched… "Accelerating Institutional Infrastructure Adoption"

The Ethereum Community Fund (ECF) has been officially launched. According to The Block on the 2nd (local time), the Ethereum Community Fund aims to support the institutional adoption of Ethereum infrastructure and ultimately boost the price of Ethere

Binance Maintains Workforce Despite Singapore's Crackdown on Unlicensed Exchanges

Global virtual asset (cryptocurrency) exchange Binance plans to maintain its hundreds of employees despite the tightening of Singaporean regulations on unlicensed exchanges. According to a Bloomberg report on the 2nd (local time), the Monetary Author

Decentralized Exchange Futures Trading Volume Reaches 8% of Centralized Exchanges — All-Time High

The futures trading volume on decentralized exchanges (DEXs) has reportedly reached nearly 8% of that on centralized exchanges (CEXs). On the 2nd (local time), the cryptocurrency-focused media outlet The Block reported, “As of June, the ratio of futu

Trump: "Israel agrees to conditions for confirmed 60-day ceasefire... Efforts underway to end the war"

President Donald Trump announced that he had negotiated the terms for a confirmed ceasefire with Israel. On the 2nd (local time), President Donald Trump stated on his Truth Social, "Today, I had a long and productive meeting with Israel in the Gaza S

European Central Bank Approves Research Activities on Distributed Ledger Settlement

The Governing Council of the European Central Bank (ECB) has approved support for research activities on distributed ledger technology (DLT) transaction settlement. According to a report by CoinDesk on the 2nd (local time), the Governing Council of t

"Bitcoin breaks below major support… entering a bearish sideways phase"

Bitcoin (BTC) has broken below a key lower support level, raising expectations that it may enter a bearish sideways phase for the time being. According to Cointelegraph on the 2nd (local time), Bitfinex market analysts stated in a report, "After fail

DeFi Development to Issue $100 Million Worth of Convertible Senior Notes for the Purpose of Solana Reserves

Nasdaq-listed DeFi Development Corp (DFDV) has begun raising funds to strategically accumulate Solana (SOL) tokens. On the 2nd (local time), DeFi Development announced through its official channels: “We will privately issue $100 million of 2030-matur

Figma holds Bitwise Bitcoin ETF worth $70 million

The digital design technology company Figma announced that it holds a Bitwise Bitcoin exchange-traded fund (ETF) product worth $70 million. According to The Block on the 2nd (local time), Figma plans to pursue a listing through an initial public offe

KRW vs USD Big Bang…Why Is 'Stablecoin' in the Spotlight? [Web 3.0 Report]

Stablecoin: The Key Bridge for Digital Financial Transformation Capturing Both Financial Efficiency and Scalability President Lee’s Core Pledge: ‘KRW Stablecoin’ Government and Business Accelerate Legislation and Infrastructure Expansion US Strengthe

Binance Dismisses Rumors of Trump Pardoning CZ

The global virtual asset (cryptocurrency) exchange Binance has clarified its position regarding the recent rumors in the community about a presidential pardon for Changpeng Zhao, the founder of Binance, by President Trump. According to a report by Cr

Binance Alpha to Support Trading of Moonveil (MORE)

The global cryptocurrency exchange Binance has announced that it will select Moonveil (MORE) for its early-stage crypto project support initiative, the Alpha program. On the 25th (local time), Binance stated through its official channel, "We are very

$71.3 Million Inflows into Ethereum Spot ETF for Second Consecutive Trading Day

A total of $71.3 million flowed into Ethereum (ETH) spot Exchange-Traded Fund (ETF) products. According to data from Farside Investors, as of the 24th (local time), the daily net inflow into Ethereum spot ETF products reached $71.3 million. The produ

Net inflow of $588.6 million into Bitcoin spot ETF… 11 consecutive days of inflows

It has been reported that there was a net inflow of about $588.6 million into Bitcoin (BTC) spot Exchange-Traded Fund (ETF) products. According to Farside Investors data, as of the 24th (local time), the daily inflow into Bitcoin spot ETF products re