In a groundbreaking development, World Vision Korea has made headlines by selling 0.55 ETH, valued at approximately $1,396.5, on the Upbit exchange. This marks the first recorded *institutional sale of cryptocurrency* in South Korea following the recent easing of the institutional crypto trading ban. The *Financial Services Commission (FSC)* of South Korea announced that as … Read more
Wintermute has unveiled a groundbreaking code to notify Ethereum users of potential wallet-draining attacks, enhancing security in the crypto space. This initiative follows alarming reports of increased malicious contract activities targeting Ethereum users, underlining the critical need for protective measures. According to Wintermute’s recent findings, over 97% of EIP-7702 delegations were exploited by contracts utilizing … Read more
Ethereum users will be warned of a new attack capable of draining their wallets, as crypto market maker Wintermute says it has created code that injects a warning into verified malicious contracts. Wintermute’s code, dubbed “CrimeEnjoyor,” prints a warning within malicious Ethereum contracts that are “designed to auto-sweep funds” from wallets with leaked private keys, … Read more
Key Points: South Korean election highlights crypto reform promises amid leadership change. Candidates seek to legalize crypto ETFs, signaling market growth. Potential increased crypto asset participation could reshape South Korean market. Lee Jae-myung and Kim Moon-soo, candidates in South Korea’s June 3, 2025 election, promise crypto reforms with far-reaching implications. Both candidates propose regulatory changes … Read more
COINOTAG News reports that on June 2nd, South Korean voters are set to participate in a pivotal presidential election. Political analysts indicate that the crypto sector stands to gain regardless of the election results, as frontrunners Lee Jae-myung and Yoon Suk-yeol both advocate for a more progressive regulatory framework. Specifically, Lee Jae-myung has introduced plans … Read more
Southeast Asian nations are advancing plans to reduce reliance on the U.S. dollar through an ASEAN initiative aimed at strengthening the use of local currencies and altering global financial dynamics. ASEAN Launches Strategic Push for De-Dollarization and Financial Sovereignty Efforts to reduce reliance on the U.S. dollar have gained momentum across Asia and other regions … Read more
In a surprising twist in the world of cryptocurrency, James Wynn, a notable trader on the Hyperliquid platform, has become a focal point for investors employing a contrarian approach. Wynn’s massive transactions, particularly in Bitcoin, have drawn attention as some individuals discover profitability in doing the opposite of his trades. This development underscores the volatility … Read more
As regulatory uncertainties loom, Solana (SOL) showcases resilience through robust staking activity and heightened community engagement. The positive sentiment surrounding SOL highlights renewed interest, with significant milestones reached despite the SEC’s cautious stance. Notably, a major transaction involving 4 million SOL staked underscores confidence in Solana’s long-term potential. Solana maintains momentum amid ETF uncertainties, boosted … Read more
Key Points: South Korea convenes emergency meeting over U.S. tariff increase. Hyundai Steel to invest $5.8 billion in U.S.-based mill. Trade negotiations aim to soften export impacts. South Korea’s Ministry of Trade, Industry and Energy swiftly organized an emergency meeting today in response to President Trump’s decision to double U.S. steel tariffs to 50% by … Read more
Nintendo Co. is taking an uncommon approach with the distribution of its Switch 2 console in Japan by setting wholesale prices that allow retailers to earn higher profits per unit. According to sources familiar with the plan, store operators are expected to make a gross margin on Switch 2 of about 5% per sale, compared … Read more