Recent reports from various local media outlets suggested that South Korea’s Financial Services Commission (FSC) was on the verge of finalizing a comprehensive roadmap for the issuance of real-name cryptocurrency accounts specifically tailored for corporations, including public entities and nonprofit institutions. However, the FSC swiftly dismissed these claims in a press release on December 4,
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In a day that felt more like a scene from a financial thriller than a reality, Bitcoin experienced a meteoric rise and a subsequent fall that left investors on edge. Initially, the cryptocurrency soared past the significant threshold of $100,000, clocking in at a new all-time high exceeding $104,000. This remarkable climb was spurred on
The Tron blockchain is gaining remarkable traction in the decentralized finance (DeFi) arena, demonstrating its vitality amidst a resurgent market landscape. As of December 4, the total value locked (TVL) in Tron surged to an astounding $36.2 billion, a feat that establishes a new all-time high for the platform. This significant increase is a strong
Recent developments regarding South Korea’s cryptocurrency taxation laws have set the stage for a noteworthy pause in what has become a contentious issue within the financial landscape of the country. As reported on December 2 by the Korean Herald, the Democratic Party of South Korea has agreed to a two-year deferment on the implementation of
In an intriguing confluence of technology, fashion, and fitness, STEPN GO and Adidas have unveiled their inaugural co-branded physical shoes—the Adidas Genesis Sneakers. This launch signals a pivotal moment not only in the trajectory of both brands but also in the burgeoning realm of digital assets intersecting with everyday life. The collaboration aims to harmonize
In the ever-evolving world of cryptocurrency investments, the launch of BlackRock’s iShares Bitcoin Trust (IBIT) on January 11 marked a significant milestone for both the firm and the Bitcoin market. IBIT has demonstrated an astonishing capability to attract investments, becoming the fastest exchange-traded fund (ETF) in history to amass an awe-inspiring $50 billion in assets
The gaming industry is constantly evolving, pushing boundaries with innovative technologies and platforms that revolutionize player experiences. A significant player in this space is SuiPlay, which recently launched pre-orders for its next-generation gaming device, the SuiPlay0X1. This groundbreaking platform seamlessly merges gaming with blockchain technology, promising not just enhanced gameplay but also unique ownership experiences
As cryptocurrencies continue to captivate global attention, Bitcoin often takes center stage with its price fluctuations and market dominance. However, while Bitcoin’s journey toward the elusive $100,000 mark remains challenged, several altcoins have emerged as formidable contenders, marking impressive gains. Leading this invigorating wave is Binance Coin (BNB), which has recently reclaimed the spotlight with
Woori Technology, a prominent venture capital firm in South Korea, is contemplating the sale of its equity in Dunamu, the parent entity of Upbit, the country’s leading cryptocurrency exchange. This decision comes nearly nine years after the firm initially invested 5.5 billion KRW in 2015, a strategic move that granted Woori a stake which became
The digital landscape is continuously evolving, and recent advancements are reshaping how users interact with technology. Among these advancements, Thomson Computing has taken a bold step forward with the launch of the world’s first Web3 laptop—an innovative device merging traditional computing aesthetics with the functionalities of the decentralized web. By addressing issues like security, user