Mon, February 23

Bank of Korea Urges Bank-Led Won Stablecoin Issuance

The central bank of South Korea has allegedly renewed its push to keep Korean won-pegged stablecoin issuance in the hands of commercial banks, alerting policymakers that privately issued digital tokens could diminish monetary policy and create new foreign-exchange and financial-stability risks.  Recently, a report was submitted to the National Assembly

8 minutes ago 2 mins read

Bitdeer Liquidates BTC to Evaluate Opportunities

Bitdeer, a Bitcoin mining company, has reportedly sold all of its self-owned Bitcoin tokens. It has clarified its move and confirmed that it does not represent a broader scope. The development comes at a time when BTC is trading below the $68k mark, and over $200 million worth of tokens

22 minutes ago 2 mins read

Arthur Hayes Reveals Portfolio Bet on Commodities and Crypto

Arthur Hayes, a crypto investor, has highlighted a varied portfolio extending over commodities, defence stocks and digital assets, indicating a prolonged preference for hard assets with select cryptos.  The ex-Chief Executive Officer of BitMEX posted on X some snapshots of his recent holdings, splitting them into traditional “stonks”, crypto assets

2 hours ago 2 mins read

Crypto Market and General Reaction to US Tariff Incident

The US tariff incident pertains to the national Supreme Court striking down tariffs imposed by Donald Trump. The verdict has now yielded reactions from different sectors, including the crypto market. It becomes important to notice reactions to the verdict because uncertainty about Trump’s next move still looms. And, there is

2 hours ago 2 mins read

AI Automation Mishap Leads to $442K Memecoin Transfer on Solana

A trading AI agent developed by an OpenAI staff member incorrectly sent almost $442,000 worth of tokens due to a misunderstanding of a user’s query. The event took place in the open as the AI, named Lobstar Wilde, tried to build a Solana portfolio automatically. The AI’s developer, Nik Pash,

2 hours ago 2 mins read

Binance Coin Slides Below $600 as Market Bloodbath Triggers Liquidations

The crypto market is in a bloodbath today, as it falls around 4% today, with the total market cap slipping toward $2.26 trillion. While the fear and greed index rose slightly to 14, from last week’s 12, it remains in the extreme fear zone, as Bitcoin, Ethereum, and most altcoins

2 hours ago 2 mins read

Crypto’s Investable Universe Is Shrinking: NYDIG

The crypto industry’s “investable universe” is shrinking as markets mature, according to NYDIG research head Greg Cipolaro. He argues that only a limited set of blockchain applications can attract sustained investor capital, and the broader Web3 vision may need recalibration. Cipolaro said investors now focus on applications that extend traditional

4 hours ago 3 mins read

Bitwise Invest CIO Matt Hougan Defends Bitcoin with a Comparison to Gold

Matt Hougan, CIO of Bitwise, has come out in defense of Bitcoin. His defense comes as a response to ETF Institute Co-Founder Nate Geraci sharing a post by Tom Essaye wherein BTC has been tagged as a speculative asset. Matt earlier drew a parallel between Gold and Bitcoin based on

5 hours ago 2 mins read

Binance Says Sanctions Exposure Fell 97% Since 2024

Binance, a prominent crypto exchange, has mentioned that it has prominently suppressed exposure to sanctioned bodies and high-risk jurisdictions, comprising exposure to Iran since January 2024.  On February 23, Binance posted a blog titled “Setting the record straight” that mentioned its sanctions-associated exposure as a percentage of the overall exchange

5 hours ago 2 mins read

Saylor Signals Strategy’s Potential 100th Bitcoin Buy as BTC Slips Below $65K

Michael Saylor has once again sparked discussion about a fresh Bitcoin purchase through a post shared on social media, a move that has increased the expectations that Strategy may be approaching its milestone of 100th Bitcoin buy amid ongoing market volatility On February 22, Michael Saylor, the founder of MicroStrategy,

6 hours ago 2 mins read
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