[Circle moves to expand stablecoin ecosystem in South Korea]

Stablecoin issuer Circle is moving to expand its stablecoin ecosystem in South Korea, Digital Asset reported.

According to a job posting reviewed on Sept. 28, the company is hiring a Senior Director, Ecosystem Growth, South Korea. A notable focus of the role is work tied to stablecoins and the South Korean market.

Applicants are expected to have a strong understanding of stablecoins, decentralized finance, or DeFi, and institutional financial flows. The role also calls for tracking market trends centered on payments in South Korea, digital-asset capital markets, and institutional use cases.
https://coinness.com/en/news/1169994
See more: https://www.digitalasset.works/news/articleView.html?idxno=43235

[Hong Kong regulators expand oversight cooperation on VASP finance and audits]

Hong Kong’s Securities and Futures Commission has signed a new memorandum of understanding with the Accounting and Financial Reporting Council to broaden the scope of regulatory cooperation, BlockBeats reported.

The expanded cooperation covers financial and regulatory compliance reporting, as well as related audit work, for SFC-licensed virtual asset service providers and other licensed entities. The two agencies also plan to cooperate on information sharing, case referrals and joint investigations.
https://coinness.com/en/news/1169995

[Lee Jun-seok calls for globally compatible crypto rules and a futures market]

Amid delays in drafting South Korea’s Basic Digital Asset Act, Reform Party lawmaker Lee Jun-seok called for a cryptocurrency regulatory framework compatible with those of major overseas jurisdictions and said South Korea also needs a proper commodity market and a futures market system, News1 reported.

Speaking at East Point 2026 in Seoul’s Gangnam district today, Lee said the priority is not to create South Korea-only standards that no one understands, but to maintain compatibility with systems that are widely recognized and used internationally. Lee also said South Korea needs a proper commodity market and lacks a sufficiently developed futures market system.
https://coinness.com/en/news/1169996
See more: https://www.news1.kr/finance/blockchain-fintech/6303120

[Binance Wallet supports USDT gas fee payments on four networks]

Binance Wallet now supports gas fee payments in Tether (USDT) on four networks: BNB Chain (BNB), Ethereum (ETH), Solana (SOL), and Tron (TRX). Users can now pay transaction fees in USDT without separately holding each network’s native token.
https://coinness.com/en/news/1169997

[BTC spot demand has yet to recover despite price rebound]

CryptoQuant analyst Darkfost said demand indicators have yet to show a meaningful recovery despite Bitcoin’s recent price rebound. Darkfost said BTC futures demand had dropped sharply to around 3,000 BTC from 164,000 BTC, while spot demand remained in negative territory at -174,000 BTC despite inflows into spot BTC ETFs. As a result, the estimated 30-day cumulative BTC demand across futures and spot fell to -171,000 BTC. Over the past 15 days, however, BTC rose about 13.5% from $74,000 to $84,000, widening the gap between price action and underlying demand indicators.
https://coinness.com/en/news/1169999

[BTC falls below $83,000]

According to CoinNess market monitoring, BTC has fallen below $83,000. BTC is trading at $82,971.85 on the Binance USDT market.
https://coinness.com/en/news/1170002

[TokenInsight says Binance, MEXC led spot liquidity in September]

Crypto data platform TokenInsight said in a September exchange liquidity report that Binance and MEXC posted the deepest combined BTC and ETH spot liquidity within 0.01% of the mid-price on both the bid and ask sides, at $1.36 million and $1.35 million, respectively. KuCoin and Bitget followed at around $480,000 to $490,000, according to the report.

For combined BTC and ETH futures liquidity within 0.03%, MEXC ranked first at $21.03 million, followed by Hyperliquid at $15.44 million and Bitget at $15.25 million. In a simulated $500,000 BTC spot sell order, the median slippage on MEXC was 0.005%, compared with 0.007% on Binance. For P90 slippage, which reflects execution costs under adverse market conditions, Binance came in at 0.018% and MEXC at 0.020%, the report said.

The analysis used order book data from nine major exchanges collected between Aug. 16 and Sept. 14.
https://coinness.com/en/news/1170003

[Shark-themed memecoin tied to Busan viral craze reaches $1.2M market cap]

A memecoin inspired by “Bukangi,” the shark that drew attention after appearing near Busan’s North Port, has emerged in the digital asset market, Gyeonggi Ilbo reported. The outlet said the token’s market capitalization reached about 1.7 billion won ($1.2 million) roughly a week after launching on memecoin issuance platform Pump.fun, while cautioning that memecoins remain highly volatile, citing the earlier case of the “Neukgu” coin, which surged before falling nearly 98% from its peak.
https://coinness.com/en/news/1170004
See more: https://www.kyeonggi.com/article/20260928580304

[Capital B buys 13 more BTC, bringing total holdings to 3,538 BTC]

Europe-listed Capital B said it bought 13 more BTC for about €970,000 ($1.1 million) on Sept. 28, funded by a €980,000 ($1.1 million) capital increase conducted at €5.68 per share. The purchase lifted the combined Bitcoin holdings of Capital B and its subsidiary, Capital B Luxembourg SA, to 3,538 BTC. The total acquisition cost stands at €310.6 million ($350.5 million), with an average purchase price of €87,854 ($99,200) per BTC.
https://coinness.com/en/news/1170006

[U.S. spot SOL ETFs post record weekly inflow of $188M]

U.S. spot Solana ETFs recorded a record weekly net inflow of $188 million last week, CoinDesk reported. All seven spot SOL ETFs posted net inflows, with about 68% of the total going to Bitwise’s BSOL. Over the past five trading days, BSOL saw about $128 million in net inflows, while Grayscale’s GSOL and Fidelity’s FSOL drew $28 million and $18 million, respectively. Combined inflows into products from Morgan Stanley, VanEck, Franklin Templeton, and 21Shares totaled $14 million.
https://coinness.com/en/news/1170008

[CleanSpark completes $2.3B senior secured notes offering via subsidiary]

Bitcoin miner CleanSpark said on its official X account that it has completed a $2.276 billion offering of senior secured notes through its subsidiary CSDC Finance I, LLC. The notes carry a 7.875% annual interest rate and mature in 2031.

As of Aug. 31, CleanSpark held 13,703 BTC, and its cumulative Bitcoin production for the year stood at 4,900 BTC as of the end of August.
https://coinness.com/en/news/1170009

[Coinone to delist ARIAIP on Oct. 28]

South Korean exchange Coinone announced it will delist Aria Protocol (ARIAIP) at 6:00 a.m. UTC on Oct. 28.

The exchange said it had closely reviewed whether the issues that led to ARIAIP being placed on the delisting watchlist had been resolved, but found no sufficient basis to conclude they had been addressed. Coinone said it will end trading support for ARIAIP to protect users.
https://coinness.com/en/news/1170010

[Binance to suspend Base network deposits, withdrawals on Sept. 30]

Binance announced it will temporarily suspend deposits and withdrawals for tokens on the Base network at 5:00 p.m. UTC on Sept. 30 to support the Base network upgrade and hard fork.
https://coinness.com/en/news/1170011

[LD Capital founder says BTC resistance near $86K played out, bull market remains intact]

LD Capital founder Jack Yi said the broader uptrend remains unchanged despite the recent market pullback.

In a post on X, Yi said Bitcoin had been expected for more than 20 days to rise to around $86,000 before facing a sharp correction, and added that he had continued to watch for further downside after BTC reached that level a few days ago. Yi said a short-term correction does not alter the broader bull market trend, and added that the early stage of a bull market tends to present multiple buying opportunities while some high-quality assets may rise in sequence regardless of broader market moves.
https://coinness.com/en/news/1170012

[South Korea to press ahead with crypto tax in January, minister says]

South Korea will proceed as scheduled with taxation on digital assets in January, Deputy Prime Minister and Finance Minister Lee Hyoung-il said at a plenary meeting of the National Assembly’s planning and finance committee on Sept. 28.

Asked by People Power Party lawmaker Park Soo-young whether Lee could take responsibility if preparations for digital asset taxation were inadequate, Lee said he would. Lee also reiterated the government’s position that the tax, scheduled to take effect in January, will move forward as planned.

Lee added that around 85% of holders own less than 5 million won and said those with under 5 million won in holdings would face little or only minimal tax burdens because a basic deduction of 2.5 million won applies. For investors in their twenties and thirties, Lee said about 90% hold less than 5 million won, so the tax burden is not expected to be significant, while adding that the government will also look for supplementary measures to secure taxpayer acceptance if issues arise during implementation.
https://coinness.com/en/news/1170013

[RedotPay completes audit as part of U.S. IPO preparations]

Hong Kong-based stablecoin payments company RedotPay said it has completed a financial audit as part of its preparations for a U.S. initial public offering. Separately, RedotPay also completed a review of its anti-money laundering and counter-terrorism financing systems.

Both procedures were conducted by one of the Big Four accounting firms, although RedotPay did not disclose the specific firm. Audited financial statements must be included in a U.S. IPO prospectus, while the AML and CFT review is a separate listing-preparation process.
https://coinness.com/en/news/1170014

[Exchange BTC outflows average 16.1K a day, while futures buying stays weak]

Bitcoin is leaving cryptocurrency exchanges at a rapid pace, but futures markets still are not showing a buying advantage, according to CryptoQuant analyst Axel Adler Jr.

In a blog post, Adler said average daily net BTC outflows from exchanges over the past seven days stood at 16,100 BTC as of Sept. 27, the highest level since early October 2025. At the same time, the 30-day average of a positioning index tracking the balance between buying and selling in perpetual futures has remained in negative territory for six straight days since Sept. 23. Adler said a recovery in the index above zero while exchange net outflows continue could strengthen a bullish signal. On the other hand, Adler said selling pressure could intensify if exchange flows shift to net inflows while the index remains negative.
https://coinness.com/en/news/1170015

[South Korean officer indicted without detention over misused seized BTC]

A South Korean police officer has been indicted without detention for allegedly converting and concealing Bitcoin seized during an investigation, KBS News reported. South Korea’s Incheon District Prosecutors’ Office said on Sept. 28 that it had indicted a police lieutenant in the officer’s 40s from the Incheon Metropolitan Police Agency. The officer is accused of diverting about 0.033 BTC, worth 5.19 million won at the time, that had been seized from a drug offender in 2024, then cashing it out and using the proceeds.
https://coinness.com/en/news/1170016
See more: https://news.kbs.co.kr/news/pc/view/view.do?ncd=8672771

[Bitget resumes BTC withdrawals as 2,042 BTC moves to hot wallet]

Bitget has resumed BTC withdrawals. According to on-chain analyst ai_9684xtpa, 2,042.28 BTC ($169 million) has so far been moved to a Bitget hot wallet, while 3,457.72 BTC remains at an on-chain protection fund address.

Bitget had said withdrawals would be resumed in phases starting today, with BTC from 8:00 a.m. UTC on Sept. 28, ETH from 8:00 a.m. UTC on Sept. 29, and USDT from 8:00 a.m. UTC on Sept. 30.

The exchange had earlier disclosed that an unauthorized outflow of about $351.6 million from some hot wallets occurred on Sept. 25, when the security incident took place.
https://coinness.com/en/news/1170017

[BTC move above $84,082 may trigger $360.4M in short liquidations]

If BTC rises above $84,082, about $360.43 million in short positions could be liquidated across major centralized exchanges, according to CoinGlass data. If BTC falls below $82,620, about $148.72 million in long positions could be liquidated.
https://coinness.com/en/news/1170018

[THORChain says it cannot block individual hack-linked addresses]

Cross-chain decentralized exchange THORChain (RUNE) said it cannot individually block addresses tied to hacked funds and that shutting down the network would be an emergency security measure affecting the entire protocol, not a tool to stop specific funds from moving.

In a post on X, THORChain said it did not blacklist the attacker’s address during the May exploit in which $10.7 million was stolen from a liquidity pool, so swaps were not blocked. THORChain added it is permissionless by design and does not censor transactions.

On the issue, information security expert Michael Perklin said node operators would have to turn off their nodes to stop the movement of illicit funds, but doing so would also halt legitimate transactions. Perklin argued THORChain is a neutral tool like Bitcoin and Ethereum.

THORChain was previously said to have rejected Bitget’s request to block addresses linked to hacked funds.
https://coinness.com/en/news/1170019