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The Korean Science Ministry and the Korea Internet and Security Agency (KISA) took the initiative to establish the ABLE alliance, aimed at addressing local blockchain vendors' challenges in finding clients for their products.
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U.S. court reopens HEX manipulation case against
A U.S. appeals court has rebooted a class-action lawsuit against regarding the HEX token manipulation case, Cointelegraph reported. was previously accused of
In a bid to stay at the forefront of technological advancements, the government of China’s largest and most populous city, Shanghai, has issued a set of guidelines aimed at promoting the widespread adoption of blockchain, metaverses, and the digital yuan.
The Republic of Palau has teamed up with Ripple Labs to introduce its inaugural stablecoin, the Palau Stablecoin (PSC), which operates on the XRP Ledger (XRPL). Palau’s Finance Ministry aims to reduce payment costs & enhance access to financial services.
Bahrain-based crypto exchange Rain has scored a significant regulatory win in the UAE. Through its Abu Dhabi unit, Rain can now provide virtual asset services to institutional and selected retail clients in the country.
Weracle, the Singapore-based developer behind the popular mobile game Endless Frontier, is gearing up to deploy its tower defense strategy game, EF Defense, on the Ethereum scaling network, Immutable zkEVM.
The Japan Blockchain Association (JBA) last week submitted a request to the Japanese government to reform the current cryptocurrency tax system. It asked for greater corporate tax exemption, separate taxation, and crypto-to-crypto trading tax abolition.
Binance’s Dubai-based subsidiary, Binance FZE, has secured the operational Minimum Viable Product (MVP) license from VARA. Eligible investors in Dubai will now have access to authorized services such as compliant crypto-to-fiat exchanges.
Korean game developer NPIXEL has successfully completed the 2nd community test for its Web3-based PC MMORPG “Gran Saga: Unlimited.” NPIXEL plans to officially launch the game through METAPIXEL, an ecosystem developed on the Aptos blockchain.
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India submitted its Presidency Note on Tuesday, contributing to the global framework for cryptocurrency regulation under the auspices of the G20, a forum comprising the world’s 20 largest economies.
Amidst a global decrease in crypto trading on centralized exchanges, South Korea has seen a major increase. Upbit’s trading volume soared by 42.3% to $29.8b in July, surpassing Coinbase & OKX to become the second biggest cryptocurrency exchange worldwide.
There have been recent calls in South Korea for crypto investment management companies to be subject to the Financial Investment Services and Capital Markets Act amidst concerns about regulatory blind spots negatively impacting crypto investors.
The MK Virtual Asset Conference, an event held in Seoul yesterday to celebrate the 10th anniversary of South Korea’s cryptocurrency industry, convened experts, politicians, and stakeholders to discuss the future of blockchain and digital assets.
Korea Information Certificate Authority (KICA), a certification service provider, has recently ventured into the NFT domain through its new platform, . In Feb, KICA partnered with Web3 identity company Unstoppable Domains.
The Hong Kong Monetary Authority (HKMA), the local regulator within the Chinese autonomous territory, unveiled a 24-page report that indicates an interest in harnessing tokenization in order to improve aspects of the bond market.
ZTX, a joint blockchain venture by ZEPETO and Jump Crypto, has raised $13 million in its most recent seed funding round. The platform will serve as an immersive 3D open world where Web3 creators can interact and trade digital assets.
Bitcoin’s potential for a price rally toward $34K has been discussed recently by analysts at QCP Capital. They highlight Sept as a pivotal month due to the completion of a rising wedge pattern that started during the end of the 2022 bear market.
Dunamu has unveiled the lineup of speakers for the upcoming Upbit D Conference on November 13. Global blockchain experts from Ethereum, Solana, and more have been invited to speak about trends, insights, and future prospects of the industry.
The Korea Accounting Institute (KAI) announced today that it held a bilateral meeting yesterday with the Japanese Financial Accounting Standards Foundation (FASF) to discuss devising accounting standards for virtual assets.
SKT and Polygon Labs have teamed up to grow the Web3 ecosystem. SKT’s NFT marketplace TopPort and upcoming Web3 wallet will operate on Polygon’s blockchain network. NFTs issued on TopPort will be tradable on other marketplaces within the Polygon network.
Japanese crypto exchange Zaif added KLAY to its list of supported cryptos on Aug 16. Following in the footsteps of BITPoint Japan, which introduced KLAY trading last year, Zaif has become the second exchange in Japan to facilitate the trading of KLAY.
CJ ONE, a lifestyle membership service operated by CJ OliveNetworks, will sell 3,000 digital membership NFTs for its new lifestyle service, PRISM ONE. This is part of efforts to enhance brand value and boost customer benefits.
Bithumb to list CORE/KRW on June 24
South Korean crypto exchange Bithumb announced on its official website that it will list the CORE/KRW trading pair on June 24 at 17:00 KST.
Australia’s first spot Bitcoin ETF to start trading on June 4: Watcher Guru
Crypto news outlet Watcher Guru shared via X that the first spot Bitcoin ETF in Australia will commence trading on June 4. Back in April, Bloomberg referenced people familiar with the matter who
During a virtual business discussion recently led by Takeshi Chino, the Head of Binance Japan, the firm showed its focus on potential collaborations involving stablecoins. Its domestic expansion would encompass asset management and leverage trading.
Debate: Solana's isolated L1 vs. Ethereum's ultrasound money
In a recent debate on a podcast hosted by cryptocurrency media platform Bankless, Ethereum researcher Justin Drake and Solana co-founder Anatoly Yakovenko discussed the strengths and weaknesses of their blockchain
Kin Capital launches $100M tokenized real estate fund on Chintai
Kin Capital, an asset management firm, announced today that it is launching a $100 million tokenized real estate debt fund based on the real world asset (RWA) network Chintai. According to CoinDesk, the fund will
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Unusual $230M token transfer detected from WazirX to external wallet
On-chain analytics platform Lookonchain shared via X that it has identified unusual token transactions worth $230 million, moving from an address associated with Indian cryptocurrency exchange WazirX to a
U.S. spot Bitcoin ETFs saw $429M worth of net inflows on July 16
Crypto analyst HODL15Capital reported on X that the U.S. spot Bitcoin ETFs experienced a total net inflow of $429 million on July 16, marking the eighth consecutive trading day of net inflows. Of these, BlackRock's
U.S. spot Bitcoin ETFs see second-highest daily inflow of $887M on June 4
U.S. spot Bitcoin ETFs saw a net inflow of $887 million on June 4, marking the 17th consecutive day of net inflows. No ETF reported an outflow on this day, which is the 100th day since spot Bitcoin ETFs
Trump to deliver speech at Bitcoin 2024 Conference
Bitcoin Magazine announced that U.S. Republican presidential candidate Donald Trump is set to speak at the Bitcoin 2024 Conference. The event will take place in Nashville, Tennessee, from July 25 to 27.
Recent BTC decline likely influenced by Korean retail traders: Matrixport
An analysis from Matrixport, as reported by Odaily, reveals that the majority of Bitcoin's decline over the past 30 days—13 percentage points out of an overall 15% drop—occurred during the Asian trading
Bybit Opens Registration to Users in China
Bybit, the third-largest offshore exchange, has unexpectedly allowed registration and authentication for users in China, deviating from its longstanding policy against the registration and use by Chinese users. This move comes as
Trump calls himself the “crypto president”
Former U.S. President and current Republican presidential candidate Donald Trump reportedly called himself the “crypto president” at a fundraising event held in San Francisco, Watcher Guru reported on X. Trump is continuing his blatant
Analysis: Expectations on outcomes of Trump's winning of upcoming U.S. presidential election
In a recent X post, economist Alex Krüger wrote, "The Trump Trade is now on its way." He shared the economic implications of Donald Trump winning the upcoming U.S. presidential election
Analysis: BTC shows head-and-shoulders formation, suggesting a rally to $83,000 soon
Crypto market analytics firm 10x Research has released a research report on its official channel, noting that Bitcoin has shown a head-and-shoulders formation. This suggests that there would be
Trump announces J.D. Vance as vice presidential running mate
Donald Trump has officially announced J.D. Vance as his vice presidential running mate, according to BRICS News on X. Vance, recognized for his pro-cryptocurrency views, reportedly held a significant amount of Bitcoin
Digital asset investment products see $2B in net inflows last week
According to Digital Asset Fund Flows Weekly Report by CoinShares, digital asset investment products saw a net inflow of $2 billion last week, marking five consecutive weeks of inflows. A total of $4.2 billion
Mirae Asset Securities partners with Mina Foundation to develop ZK-powered security tokens
Mirae Asset Securities, a stock brokerage in South Korea, has entered into a memorandum of understanding (MOU) with the Mina Foundation, which supports the zero-knowledge (ZK) blockchain
A collaborative venture between Bridgetower Capital and Deus X Capital is launching a $250M digital asset platform in Abu Dhabi. Bridgetower Middle East is poised to play a pivotal role in fostering the digital asset business across the UAE and the region.
Analysis: Positive sentiment drives $1.35B inflow into digital assets
Digital asset investment products experienced $1.35 billion in inflows last week, marking a three-week total of $3.2 billion, according to CoinShares' weekly report. Bitcoin led with $1.27 billion, while short
South Korean blockchain solutions provider Seoul Labs has released SLUSH, an innovative launchpad built on its SASEUL blockchain designed to streamline and enhance the Web3 experience.
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U.S. spot BTC ETF see $65M in outflows, missing 20-day inflows streak
Data from investment management firm Farside Investors showed that U.S. spot Bitcoin ETFs witnessed a net outflow of $64.9 million on June 10, failing to achieve the 20th consecutive day of net inflows.
U.S. spot Bitcoin ETFs could surpass $500B in scale in next five years, says VanEck executive
Eric Balchunas, an ETF-focused analyst with Bloomberg, wrote on X that executives at asset managers showed their belief in spot Bitcoin ETFs.
According to Balchunas, who served as
EMURGO and Zilliqa partner to boost blockchain interoperability and governance
EMURGO, a blockchain technology firm within the Cardano ecosystem, has announced a partnership with layer-1 blockchain project Zilliqa to improve interoperability, liquidity and governance across
Former Nexo employees launch market-making firm Infima Capital
Former employees of cryptocurrency lending company Nexo, led by Tom Stanev, have launched a new market-making firm called Infima Capital, according to DL News. The firm has already grown to over 40 employees and
Zilliqa introduces PoS-based Jasper proto-testnet
In a recent Medium blog post, layer-1 blockchain Zilliqa announced the launch of the Jasper proto-testnet for Zilliqa 2.0. With the new Proof-of-Stake (PoS) consensus mechanism implemented, the testnet enables developers and
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Binance to support 1000PEPPER airdrop for CHZ holders
Crypto exchange Binance has announced on its official website that it will support the Pepper (1000PEPPER) airdrop for Chiliz (CHZ) holders. The snapshots will be carried out in four sessions, including the first snapshot
PayPal-Venmo integrate ENS into payment platform
PayPal and its easy-to-use payment platform Venmo have integrated the Ethereum Name Service (ENS) into their payment platform. According to The Block, as a result, when users directly enter the recipient’s ENS name in the search
Chromia announced launch of My Neighbor Alice on mainnet
Chromia (CHR), a layer-1 blockchain platform, announced on X that the decentralized Web3 game My Neighbor Alice (MNA) has officially launched on the Chromia Mainnet. MNA ran its initial alpha season on Chromia and aims to
Scallop (SCA) sees 18% surge in 24 hours
The price of SUI-based DeFi project Scallop (SCA) has risen by 18% in the last 24 hours, now trading at $0.4167, according to CoinMarketCap. SCA's 24-hour trading volume increased by over 10% to $6.7 million, with 70% of community
Zilliqa partners with Brillion to enhance RWA tokenization and metaverse initiatives
Layer-1 blockchain project Zilliqa announced on its official blog that it has partnered with Brillion, a Web3 smart wallet specializing in real-world assets (RWAs), to enhance its blockchain
Upbit to suspend MINA deposits and withdrawals on June 4
South Korean crypto exchange Upbit announced on its official website that it will suspend deposits and withdrawals for MINA tokens starting 12:00 KST on June 4. The upcoming suspension is due to a scheduled Mina Protocol
Golem Network sells $114.54M in ETH over 37 days
On-chain analyst EmberCN reported on X that Golem Network (GLM), which raised 820,000 ETH during its 2016 ICO, has sold 36,000 ETH ($114 million) over the past 37 days through Binance, Coinbase and Bitfinex. At the time of the
Analyst: Galaxy Digital’s stock price plunge a buying opportunity
Mark Palmer, an analyst at Benchmark, an American investment bank and research institute has said that Galaxy Digital's stock price, which plunged more than 16% on August 1, is actually an opportunity, according
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OKX wallet cleanup causes Bitcoin fee spike to $70
Julio Moreno of CryptoQuant Research highlighted that recent wallet management activities by OKX, a Chinese cryptocurrency exchange, have temporarily pushed Bitcoin's average transaction fee up to $70. This surge in fees is
Abu Dhabi Global Market (ADGM), an international finance center and free zone, and Solana Foundation have forged a collaboration aimed at enhancing distributed ledger technology (DLT) solutions and propelling innovation within the blockchain sphere.
Hong Kong-based crypto firm Finblox unveiled a solution to meet the growing demand among crypto investors for TradFi assets that generate yields. By launching tokenized US T-Bills, Finblox seeks to bridge the gap b/w the crypto and TradFi worlds.
We are delighted to officially announce a partnership between CoinNess and Yonhap Infomax. 🎉
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Yonhap Infomax, a subsidiary of Yonhap News Agency — Korea's largest news agency, is the leading economic and financial
Chromia unveils $20M fund and mainnet upgrade at TOKEN2049
Henrik Hjelte, co-founder of layer-1 blockchain platform Chromia, announced key initiatives at TOKEN2049 Singapore to expand its ecosystem. These include a $20 million Data and AI Ecosystem Fund aimed at supporting
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A settlement between failed crypto lender BlockFi and bankrupt crypto hedge fund 3AC has received approval from a U.S. judge. However, the specifics of the settlement remain sealed, citing concerns raised by yet another failed crypto platform, FTX.
GMX v2 released
Decentralized derivatives trading protocol GMX announced the launch of GMX version 2 (v2) through its X social media account. The project explained that v2 is characterized by utilizing the Avalanche (AVAX) mainnet oracle solution and Chainlink's oracle data
Diamond Standard Co. launches CARATS blockchain payment system
Diamond Standard Co. has unveiled CARATS, a blockchain-based payment system that utilizes tokenized diamonds to facilitate transactions. Unlike traditional cryptocurrencies, CARATS operates with physical diamonds
Shardeum, a highly-scalable layer-1 blockchain utilizing dynamic state sharding, has successfully closed a strategic raise of $5.4M. The funding round saw participation from prominent investors, including Galxe, J17 Capital, JSquare, and TRGC.
Mina Protocol unveils new fungible token standard
Zero-knowledge (ZK) blockchain Mina Protocol announced on its official blog that it has released its own fungible token standard (FTS). This new standard enables builders to create and manage custom tokens on the Mina blockchain,
Nillion to support bind computation & storage functions on NEAR Protocol
Decentralized blind computing platform Nillion announced on September 13 that it will support Blind Computation and Blind Storage functions on the NEAR layer-1 blockchain network (NEAR). Nillion is a
TVL in RWAs from February to April increases by over 60%: SaucerSwap Labs
In a recent post on X, SaucerSwap Labs, which contributes to a cryptocurrency trading protocol on the Hedera network, noted that real-world assets (RWAs) are the fastest-growing segment in decentralized
GSR Markets withdraws $3.62M worth of ARB in total from Coinbase through two wallet addresses
Blockchain analytics platform The Data Nerd reported on X that two wallet addresses labeled as the crypto market maker GSR Markets withdrew 4.72 million ARB tokens in total from the
🤖CoinNess Community Introduces AI-powered Comments🤖
We're excited to announce the launch of our AI-powered commenting tool, Intern Conibot!🎉
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Bithumb and Coinone warn investors against GALA
South Korean cryptocurrency exchanges Bithumb and Coinone have issued warnings to investors about GALA, advising caution due to anticipated increased volatility following reported security concerns.
MANTRA, an RWA layer 1 blockchain built on Cosmos, recently outlined its vision for the on-chain financial ecosystem, with plans to acquire licensing in the Middle East and Asia. In 2024, it aims to tokenize assets such as real estate, art and treasuries.
Powerledger achieves Sustainability designation in Google Cloud Partner Advantage Program
Powerledger (POWR), an Australia-based blockchain energy trading platform, announced via its official website that it has achieved the Google Cloud Ready - Sustainability designation in the
LINE NEXT, an NFT platform subsidiary of Tokyo-based messaging app developer Line Corporation, has launched the beta version of DOSI Land, the FINSCHIA token (FNSA) reward program. It aims to give its membership owners (DOSI Citizens) chances to win FNSA.
104M USDC transferred from Coinbase Institutional to unknown wallet
Whale Alert reported that 104,025,957 USDC has been transferred from Coinbase Institutional to an unknown wallet. The transaction is valued at about $104 million.
Oasys integrates Arbitrum Orbit to build custom layer-2s for Web3 gaming
Japanese gaming blockchain Oasys (OAS) announced through its official blog that it is integrating Arbitrum Orbit (ARB) to create custom layer-2 solutions on its layer-1 blockchain, connecting to the ARB
Korea’s Gyeonggi-do province which encircles Seoul has taken a proactive step towards regulating virtual assets by notifying the legislation of an amendment to the code of conduct for public officials. The amendment is set to be implemented next month.
Shinhan Bank, SCB TechX, and a Taiwanese financial institution have successfully completed a proof-of-concept (PoC) pilot of stablecoin remittances. This Hedera hashgraph ledger-based project will contribute to more efficient and affordable cross-border payments.
The NFT and Blockchain Game Conference is scheduled to take place on June 27 in the Pangyo Techno Valley, located on the outskirts of Seoul, Korea. It will delve into the implementation of NFTs, cloud computing, and crypto wallets in the gaming industry.
INX and Backed Finance launch tokenized Nvidia stock bNVDA
According to The Block, tokenized securities trading platform INX has partnered with real-world asset (RWA) tokenization project Backed Finance to launch bNVDA, a token based on Nvidia stock (Nasdaq ticker: NVDA) that
API3 launches OEV Network mainnet
Decentralized oracle project API3 has officially launched the OEV Network mainnet, integrating it as a key component of the API3 Oracle Stack, according to the project’s Medium blog. This layer-2 solution enables lending protocols that utilize