Author: John Smith
The Bank of Korea has kicked off Phase 2 of Project Hangang, expanding its digital won pilot to nine banks and, for the first time, using CBDC-linked deposit tokens for real government subsidy payments. Summary The BOK’s Project Hangang Phase 2 extends its wholesale CBDC and deposit-token pilot from seven to nine banks and introduces live government subsidy disbursement as a core test case. New features such as biometric approvals, P2P wallet transfers and automatic top-ups aim to fix Phase 1’s weak engagement, when only ~80,000 of 100,000 invited users opened wallets and volume stayed below 700 million won despite…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. CoinEx launches Dual Investment product to help traders earn rewards during volatile market conditions. Summary CoinEx unveils dual investment, enabling crypto holders to earn interest while targeting specific buy or sell prices. Traders can now grow their crypto holdings with CoinEx’s Dual Investment, earning yields even during market swings. Dual investment by CoinEx offers high APY rewards, letting investors lock USDT or BTC with conditional price targets. CoinEx has launched a product called dual investment, which allows traders to…
Polymarket has acquired DeFi infrastructure startup Brahma, folding its smart-account execution layer into a prediction market now eyeing a $20B valuation and an AI‑driven, onchain future. Summary Polymarket bought Brahma, a DeFi infrastructure startup for programmable smart accounts and automated execution, in its third acquisition in under a year as it eyes a $20 billion valuation. Brahma will wind down outside partnerships and focus on Polymarket’s stack, streamlining wallets, deposits, asset routing and result-token redemptions while helping bring deeper liquidity into niche contracts. The deal follows earlier QCEX and Dome buys and comes as algorithmic traders and AI bots dominate…
Gemini’s GEMI stock is down about 3% over 24 hours and trading below $6 even as Bitcoin, Ethereum and Coinbase rebound, signaling growing decoupling from the crypto rally. Summary GEMI opened near $5.95, about 3% below its 24‑hour level and near the bottom of today’s $5.92–$6.98 range, a pattern that suggests distribution rather than fresh accumulation. After a 2025 IPO at $28 and a first‑day pop to ~$37, the stock has traced a classic post‑hype round‑trip as exploding losses, heavy spend and thin liquidity leave late‑cycle retail deep underwater. Bitcoin and Ethereum have rebounded on ETF flows while Coinbase trades…
Oil tops $100 as the Hormuz blockade chokes 20% of global supply, forcing a rare Jones Act waiver and stoking inflation that threatens Fed cuts and crypto risk appetite. Summary Brent trades above $104 and WTI near $97, more than 70% above January levels, as the U.S.-Israel war on Iran effectively shuts the Strait of Hormuz. The Trump administration’s 60‑day Jones Act waiver lets foreign tankers move fuel between U.S. ports, but estimates suggest only modest relief for gasoline prices. Surging energy costs flow into PPI and future CPI, keeping Fed cuts on hold and adding macro pressure to Bitcoin…
Hyperliquid price rallied over 20% in the past seven days, reclaiming $40 as support, driven by record commodities trading activity on its perpetual futures markets. Summary Hyperliquid price rose over 20% in a week, reclaiming $40 support amid record trading volumes in commodity perpetual futures like oil and silver. Whale activity surged, with over $3.6 billion in leveraged positions boosting liquidity and supporting continued price momentum. Bullish technical indicators and strong inflows signal potential upside, with $50 as the next key resistance and all-time highs in focus. According to data from crypto.news, Hyperliquid (HYPE) price rallied 22% to a four-month…
Spot Ethereum exchange-traded funds drew in $138.2 million in net inflows over the past day, their highest single-day inflows since Feb. 25. Summary Spot Ethereum ETFs recorded $138.2 million in daily inflows, marking their highest since late February and extending a six-day inflow streak. Institutional demand strengthened amid Bitmine’s continued ETH accumulation, with Fundstrat’s Tom Lee calling a potential market bottom near $2,150. ETH price traded near $2,328, with price approaching a breakout above $2,400 as markets await the Federal Reserve rate decision. According to data compiled by SoSoValue, BlackRock’s ETHA led the inflows of the day with $81.7 million…
Bitcoin price fell back under the $74,000 support level after three straight days of gains as investors remained cautious ahead of the Federal Reserve’s rate cut decision scheduled for later today. Summary Bitcoin price slipped below $74,000 after a three-day rally, as traders booked profits ahead of the Federal Reserve’s rate decision. Markets expect the Fed to hold rates at 3.50% to 3.75%, with CME FedWatch showing over 99% probability of no rate cut. Bullish technical signals persist, with a triangle breakout and ETF inflows supporting upside, while $76,000 remains key resistance. After rallying over 7% and touching nearly $76,000…
The notorious Lazarus Group may have been behind a cyberattack on crypto e-commerce store Bitrefill, the firm estimates. Summary Bitrefill linked a March 1 cyberattack to tactics associated with the Lazarus and BlueNoroff groups, after attackers compromised an employee laptop and drained funds from hot wallets. Around 18,500 purchase records were accessed, though the company said only limited customer information was exposed and there was no evidence of a full database breach. Detailing the March 1 incident in a Tuesday X post, the firm said the attackers used malware, on-chain tracing, and reused IP and email infrastructure to drain funds…
US Securities and Exchange Commission Chair Paul Atkins has proposed a “safe harbor” framework aimed at easing regulatory pressure on crypto firms while keeping them within the federal oversight structure. Summary SEC Chair Paul Atkins proposes safe harbor exemptions to allow crypto firms to raise capital under defined regulatory pathways. Framework includes startup and fundraising exemptions, along with conditions for when tokens may fall outside securities laws. Speaking at the DC Blockchain Summit in Washington, Atkins said, “such a safe harbor would provide crypto innovators bespoke pathways to raise capital in the US, while providing appropriate investor protections.” Calls for…