Digital assets, cryptocurrencies, blockchain, and currency news.
Key Highlights: South Korea’s KOSPI tumbled 5.5% on Tuesday, widening its decline to roughly 38% below its all-time high set in June. Bitcoin and the benchmark KOSPI index exhibit a 20-day rolling correlation of -0.41, with the cryptocurrency rallying to $87,000 as equity investors pull back from tech holdings. Major semiconductor stocks suffered steep losses, ...
Key Highlights: Ethereum (ETH) briefly dropped below the $2,500 threshold on October 13 following an influx of tokens onto centralized exchanges. Spot Ethereum exchange-traded funds (ETFs) have logged ten consecutive days of capital outflows, signaling waning institutional interest. The recent price decline arrives as the market awaits scheduled discussions from prominent Ethereum representatives. Ethereum Slips ...
Key Highlights: Binance has announced the upcoming closure of Binance Pool, cutting off mining connections at 10:00 AM on November 10. Following the deadline, users will be unable to submit new mining tasks or accumulate mining rewards through the platform. All related Binance Pool operations and services are scheduled to cease completely as of November ...
Key Highlights Citi is launching a stablecoin checkout service for institutional merchants through its Spring payment acceptance channel, integrated with Coinbase Payments. Coinbase handles the automatic conversion of digital currencies into fiat currency, allowing merchants to accept stablecoin payments without having to hold or custody crypto assets. The partnership operates bi-directionally, also utilizing Citi’s Virtual ...
Key Highlights: Hardware security company Ledger confirmed that covert hardware implants were placed inside devices sold by Southeast Asian reseller CryptoBilis to steal user seed phrases. The rogue microcontroller scraped 24-word recovery phrases directly from the device screen during setup and transmitted the data to attackers via cellular LTE using an integrated eSIM. Ledger clarified ...
Key Highlights: The London High Court ruled that victims of a massive Chinese Ponzi scheme cannot use English law to claim 61,000 seized bitcoin worth approximately £3.8 billion ($5 billion). Mr Justice Mark Turner determined that Chinese law must govern the property claims because the underlying fraud took place entirely within China. The decision significantly ...
Key Highlights: The South Korean stock exchange triggered its “sell-side sidecar” mechanism to temporarily pause sell orders amid intense volatility. This marks the first time in approximately two months that South Korean market regulators have deployed the protective trading curb. Analyst commentary from Lee indicates that mounting selling pressure in traditional equity markets could influence ...
Key Highlights Major South Korean cryptocurrency exchanges Upbit, Bithumb, and Coinone have concurrently placed $BLUR on their delisting watchlists. The exchanges cited concerns surrounding the commercial viability and operational sustainability of $BLUR, noting potential risks of user harm. No official delisting date or final determination has been made regarding the termination of trading support for ...
Key Highlights: Social engagement points to growing interest in NEAR Protocol as it works to establish itself as a leader in merging artificial intelligence with blockchain technology. Positive community sentiment was reflected by a Grayscale post highlighting NEAR, generating 160 likes and 17 retweets amid broader mixed crypto market signals. Market participants are closely tracking ...
Key Highlights Decentralized finance (DeFi) platforms are recording significant capital inflows as traditional assets increasingly venture on-chain. Surging deposits and heightened interest in tokenized stocks signal expanding utility and investor confidence in decentralized alternatives. Market participants are closely tracking liquidity pools, trading volumes, and potential regulatory scrutiny across major venues like Uniswap. Capital Inflows Surge ...
Key Highlights: Maple Finance is sharpening its strategic focus on institutional adoption and stablecoin yields amid uncertain market conditions. Market participants are closely tracking potential $SYRUP token buybacks and key financial updates from the upcoming Q3 results presentation. High-profile industry engagement, including involvement from figures like Henri Arslanian, underscores the platform’s push to secure institutional ...
Key Highlights Crypto derivatives markets experienced approximately $389 million in forced liquidations over a 24-hour window, with $311 million coming from long positions. Liquidations heavily accelerated in the latter half of the day, with $304 million wiped out in just 12 hours amid cascading downward pressure. Market downturns were driven by a confluence of macroeconomic ...