Animoca is planning to go public on the Nasdaq next year through a reverse-merger with Singapore-based Currenc Group.
Upbit initially reported a loss of 54 billion won ($36.8 million) but later revised the figure down to 44.5 billion won ($30.4 million).
Naver and Upbit plan to build a financial infrastructure that builds on top of AI and blockchain, according to multiple local reports.
Upbit identified 540 billion won worth of abnormal withdrawal of various assets on the Solana network from the platform.
Upbit is set to become a wholly-owned subsidiary of Naver, as the Korean IT giant seeks future growth momentum based on digital finance.
Rivaling IT giant Naver is in the process of a merger with Upbit, South Korea's largest cryptocurrency exchange.
The wallet service will allow users to exchange different fiat currencies into regional currency 'Dongbaek-jeon' in the form of a stablecoin.
Bitkub's IPO could take place as early as next year, with the company aiming to raise $200 million, Bloomberg reported.
NH NongHyup is initiating a PoC to test a system that streamlines VAT refunds for inbound tourists by utilizing stablecoins.
Following the completion of the deal, Tether is expected to become the largest shareholder of VCI Global through its Oobit stake.
The framework could potentially enable round-the-clock transfers of tokenized deposits across public and permissioned blockchain networks.
The project expands Hong Kong’s ongoing trials linking tokenized deposits, money-market funds, and potential CBDC settlement.
WazirX seeks to implement a 'socialization of losses' approach, requiring all users to absorb a portion of losses in their holdings.
The JPYC stablecoin is designed to maintain a 1:1 peg with the yen and is fully backed by yen deposits and Japanese government bonds.
Last week, the Singapore High Court approved WazirX's restructuring plan, which received approval from 95.7% of participating creditors.
Hong Kong Exchanges and Clearing has challenged at least five companies over plans to buy and hoard large amounts of cryptoassets
Li Lin’s Avenir Capital is said to be teaming up with Asia's crypto pioneers to build a regulated vehicle focused on ether accumulation.
Metaplanet's mNAV dropped below 1 for the first time, meaning its enterprise value is lower than that of its bitcoin holdings.
The Beijing-based and Hong Kong-listed investment seeks to raise $600 million with CZ's YZi Labs to invest in BNB through a U.S.-traded DAT.
PayPay has acquired a 40% equity stake in Binance Japan as part of a capital and business alliance.
China Financial Leasing Group plans to raise $11.1 million through a share placement to establish a cryptocurrency and AI investment platform.
The reported move comes amid efforts in South Korea to establish clear regulations around crypto, especially for won-pegged stablecoins.
Metaplanet is differentiated by the ability to utilize its bitcoin to create recurring income from derivative strategies, Benchmark said.
Kaia and LINE NEXT plan to launch the beta version of the 'Project Unify' super-app later this year on LINE's Dapp Portal.
A 25 bps cut is priced in, but OKX’s Gracie Lin says token unlocks and liquidity shocks will test markets, and only resilient liquidity will separate winners from losers.
David Bailey's Nakamoto said it has committed up to $30 million to participate in Metaplanet's global equity offering.
Upbit is one of world's largest crypto exchanges despite being limited to local investors, with $2.25 billion trade volume in the past day.
Rate-cut optimism and gold’s rally have not spilled into crypto, where positioning stays defensive and near-term direction hinges on the inflation report.
Bybit has restored full access to its app on both the App Store and Google Play for users in India. Its website is being restored in phases.
The latest purchase raised its total holdings to 20,136 BTC, making it the sixth-largest publicly traded corporate bitcoin holder worldwide.