YM Lee

HashKey Secures In-Principle Approval for Virtual Asset Business License in Dubai

HashKey's Middle East subsidiary, HashKey MENAFZE, announced that it has secured in-principle approval for a virtual asset service provider license from the Dubai Virtual Assets Regulatory Authority (VARA). On the 13th (local time), HashKey stated in

Standard Chartered to Offer Virtual Asset Custody Services in Luxembourg

Standard Chartered (SC), one of the world's largest banks, is set to launch virtual asset (cryptocurrency) services in Luxembourg. According to a report by Cointelegraph on the 9th (local time), Standard Chartered announced the establishment of a new

MANTRA Collaborates with UAE Real Estate Giant DAMAC for $1 Billion RWA Partnership

Layer 1 (L1) blockchain focused on tokenized assets (RWA), MANTRA (OM), has announced a collaboration with UAE real estate giant DAMAC. According to a report by CoinDesk on the 9th (local time), MANTRA plans to transfer assets worth at least $1 billi

[Market Update] Silk Road-Related Sell-Off Fears... Bitcoin Falls Below $92,000

News that the United States Department of Justice has received approval to sell Bitcoin (BTC) seized from Silk Road has sparked fears of selling pressure in the market. On the 9th (local time), it was reported that the United States Department of Jus

Circle Donates 1 Million USDC to Trump Inaugural Committee

Stablecoin issuer Circle announced that it has donated 1 million USDC to the Trump Inaugural Committee. On the 9th (local time), Jeremy Allaire, CEO of Circle, stated on his X (Twitter), "We have donated 1 million dollars to President Trump's Inaugur

Gemini Announces New Executive Appointments for European Expansion

Global cryptocurrency exchange Gemini has announced new executive appointments for its European business expansion. According to a report by CoinDesk on the 9th (local time), Gemini stated, "To expand our business in the European region this year, Ma

Concerns Over U.S. Silk Road Bitcoin Sale Overblown... Market Can Absorb

It has been suggested that concerns in the market are excessive following the U.S. Department of Justice's approval to sell Bitcoin (BTC) worth $6.5 billion seized from Silk Road. On the 9th (local time), cryptocurrency specialist media CoinDesk repo

"Crypto Asset Market Stalls Amid Macroeconomic Headwinds… Weak Outlook for the Time Being"

The cryptocurrency market is reportedly stalling due to macroeconomic conditions. On the 9th (local time), crypto venture capital (VC) QCP stated in an investor memo, "Crypto prices are being suppressed by macroeconomic headwinds. The U.S. Federal Re

Fidelity Bitcoin and Ethereum Spot ETFs Record Largest Outflows Since Launch

Fidelity's U.S. spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) have recorded the largest net outflows in their history. On the 9th (local time), The Block, a cryptocurrency-focused media outlet, cited Sosovalue data, reporting tha

"Solana Expected to Rise with US ETF and New Investor Influx"

Solana (SOL), one of the major altcoins, is expected to lead the rise by 2025 due to factors like the US Exchange-Traded Fund (ETF) and retail demand. On the 9th (local time), Nansen Research analyst Nikolai Shendergaard stated in an interview with C

US CFTC Issues Subpoena to Coinbase Regarding Polymarket

The United States Commodity Futures Trading Commission (CFTC) has issued a subpoena to the U.S. cryptocurrency exchange Coinbase concerning Polymarket. According to a report by Cointelegraph on the 9th (local time), Coinbase announced through its off

IMF Urges Kenya to Revise Virtual Asset Regulations

The International Monetary Fund (IMF) has urged Kenya to revise its regulations on virtual assets (cryptocurrency) to enhance consumer protection. According to a report by Cointelegraph on the 9th (local time), the IMF advised Kenya to establish a cl

Phala Network Launches Ethereum Layer 2 Rollup

Phala Network, a parachain based on Polkadot, has launched an Ethereum (ETH) Layer 2 network in collaboration with infrastructure providers Sushinnect Labs and Conduit. According to The Block's report on the 9th (local time), the newly launched Ether

Binance Lists DAO Open Network (D) Perpetual Futures Contract

Global cryptocurrency exchange Binance has announced the launch of DAO Open Network (D) perpetual futures contracts. On the 9th (local time), Binance stated through its official channels, "We plan to offer earning, swap, margin, and futures contract

Creditcoin-based DEX Penguinswap Launches Testnet

Multi-chain Layer 1 blockchain network Creditcoin (CTC) announced that it will launch the testnet for its decentralized exchange (DEX) Penguinswap on the 9th (local time). Creditcoin plans to assess the service stability of Penguinswap through the te

SuperWalk, Listed on HashKey Global…"Expanding Ecosystem in Greater China"

SuperWalk (GRND) announced on the 9th that it has become the first domestic Move-to-Earn (M2E) project to be listed on the global cryptocurrency exchange HashKey Global. HashKey Global is a cryptocurrency exchange established by the Hong Kong-based d

"Movement Labs Nears Completion of $100 Million Series B"

Blockchain development company Movement Labs is nearing the close of a $100 million Series B round. On the 8th (local time), global economic magazine Fortune reported, citing multiple sources, that "Movement Labs is finalizing a $100 million Series B

SoSoValue Secures $15 Million in Series A, Valuation Nears $200 Million

Exchange-Traded Fund (ETF) data platform SoSoValue has raised $15 million through its Series A round. According to The Block's report on the 8th (local time), this round was co-led by Hongshan and SmallSpark, with participation from several investors

Jensen Huang's Remarks Cause Quantum Computing Stocks to Plummet

"Commercialization of Quantum Computers Could Take 15 to 30 Years" Quantum Computing, Rigetti, D-Wave, IonQ Drop Over 10% Chinese Quantum Computing Companies Also Plunge NVIDIA's CEO Jensen Huang mentioned that "truly useful quantum computers will em

StarkWare Unveils StarkNet-Based Developer Toolkit SN Stack

Ethereum (ETH) Layer 2 StarkNet developer StarkWare has unveiled a new developer toolkit, SN Stack. According to a report by CoinDesk on the 8th (local time), Eli Ben-Sasson, CEO of StarkWare, stated, "From now on, developers can build app chains bas

U.S. Initial Jobless Claims at 201,000, Below Expectations

Last week's U.S. initial jobless claims fell below Wall Street's market expectations. According to the U.S. Department of Labor's report on the 8th (local time), the number of initial jobless claims in the U.S. was 201,000, below the expected 214,000

US December ADP Non-Farm Employment at 122,000...Significantly Below Wall Street Expectations

The November ADP (Automatic Data Processing) non-farm employment index in the United States significantly fell short of Wall Street expectations. According to the National Employment Report released by ADP on the 8th (local time), private sector new

SteemDollars Surpasses 15,000 KRW with Unprecedented Surge… Up 320% from Previous Day

SteemDollars (SBD), designated as a cautionary asset on the domestic cryptocurrency exchange Upbit, is experiencing an unprecedented surge. As of the 8th, SteemDollars is trading at over 15,000 KRW on Upbit's KRW market, marking a 320% increase from

Fidelity: "Bitcoin to Continue Being Adopted as a Strategic Reserve Asset"

Bitcoin (BTC) is expected to establish itself as a strategic reserve asset for nations starting this year. According to a report by CoinDesk on the 8th (local time), Fidelity Digital Assets stated in a report that "Bitcoin will undergo a groundbreaki

[Market Update] Bitcoin Decline Deepens Amid U.S. Inflation Concerns... Surrenders $95,000

The macroeconomic indicators released last night in the United States showed worse-than-expected figures, leading to a continued decline in risky assets, including Bitcoin (BTC). As of the 8th (local time), Bitcoin is trading at $94,600 on Binance, a

Canaan Unveils 'Avalon Mini3' Heater-Miner at CES 2025

Bitcoin (BTC) mining company Canaan announced the launch of the Avalon Mini3, a heater-miner, and the Nano 3S at CES 2025, a stage for new technology announcements. On the 8th (local time), Canaan unveiled the home-use Bitcoin miner Avalon Mini3 and

China Plans to Establish Blockchain-Based National Data Infrastructure by 2029

Chinese authorities have announced plans to establish a blockchain-based national data infrastructure by 2029. According to a report by The Block on the 8th (local time), China's National Development and Reform Commission stated in a policy document,

Arthur Hayes "US Treasury to Inject $612 Billion in Liquidity in Q1… Bullish Market Outlook"

Arthur Hayes, the founder of the global cryptocurrency exchange BitMEX, has predicted that the cryptocurrency market will reach its peak bullish phase in the first quarter of this year. According to a report by Cointelegraph on the 8th (local time),

Kazakhstan Closes 36 Illegal Virtual Asset Exchanges

Kazakhstan announced the closure of 36 illegal virtual asset (cryptocurrency) exchanges. According to a report by Cointelegraph on the 8th (local time), the Republic of Kazakhstan Financial Supervisory Authority stated, "In 2024, we will close 36 vir

"US Inflation Concerns Deepen... Bitcoin Could Drop to 88K"

Due to the U.S. job openings and services sector data released last night, concerns about inflation are deepening, and there are forecasts that Bitcoin (BTC) may enter a downward phase. On the 8th (local time), the cryptocurrency specialist media Coi