[Clearpool unveils v4.0 white paper, plans 1%-4% annual CLEAR issuance]
Institutional decentralized lending protocol Clearpool said in a v4.0 white paper released today that it plans to issue an additional 1% to 4% of the CLEAR token supply each year.
The additional tokens will be used for liquidity provision, staking and governance, and yield incentives, with issuance set to be adjusted in line with ecosystem growth. CLEAR’s total supply will be around 1.42857 billion tokens, with 1.125 billion tokens, or 78.75%, in circulation at the time of migration.
Of the total supply, 70% will be allocated to existing CPOOL holders, 15% to the treasury and partnerships, 10% to ecosystem incentives, and 5% to contributors. Of the treasury and partnership allocation and the ecosystem incentive allocation, 35% of each will be unlocked at migration, with the rest released evenly over 36 months. The contributor allocation will be locked for 12 months and then released over 24 months.
Clearpool had previously disclosed a governance proposal to expand its credit infrastructure to the XRP Ledger and convert existing CPOOL tokens to CLEAR on a one-to-one basis.
https://coinness.com/en/news/1172163
Institutional decentralized lending protocol Clearpool said in a v4.0 white paper released today that it plans to issue an additional 1% to 4% of the CLEAR token supply each year.
The additional tokens will be used for liquidity provision, staking and governance, and yield incentives, with issuance set to be adjusted in line with ecosystem growth. CLEAR’s total supply will be around 1.42857 billion tokens, with 1.125 billion tokens, or 78.75%, in circulation at the time of migration.
Of the total supply, 70% will be allocated to existing CPOOL holders, 15% to the treasury and partnerships, 10% to ecosystem incentives, and 5% to contributors. Of the treasury and partnership allocation and the ecosystem incentive allocation, 35% of each will be unlocked at migration, with the rest released evenly over 36 months. The contributor allocation will be locked for 12 months and then released over 24 months.
Clearpool had previously disclosed a governance proposal to expand its credit infrastructure to the XRP Ledger and convert existing CPOOL tokens to CLEAR on a one-to-one basis.
https://coinness.com/en/news/1172163
CoinNess
Clearpool unveils v4.0 white paper, plans 1%-4% annual CLEAR issuance - CoinNess
Institutional decentralized lending protocol Clearpool said in a v4.0 white paper released today that it plans to issue an additional 1% to 4% of the CLEAR toke...
[Burniske sees crypto pullback as early bull-market buying opportunity]
Placeholder partner Chris Burniske said the recent correction in the crypto market looks like a buying opportunity in the early stages of a bull market. In a post on X, Burniske said BTC has fallen nearly 10% from its peak, while many altcoins have dropped more than 20% to 40%, adding risk appetite for risky assets already appears to have weakened significantly. Burniske said he plans to buy in tranches while factoring in the possibility of further declines, and added long-term investors should focus on steadily building their target coin holdings rather than short-term price swings.
Andy, founder of blockchain-focused podcast The Rollup, said he has also focused on reaching target holdings rather than portfolio value in dollar terms. Andy added he is now trading less and is instead pursuing a strategy centered on long-term holding and phased selling to raise his average exit price.
https://coinness.com/en/news/1172164
Placeholder partner Chris Burniske said the recent correction in the crypto market looks like a buying opportunity in the early stages of a bull market. In a post on X, Burniske said BTC has fallen nearly 10% from its peak, while many altcoins have dropped more than 20% to 40%, adding risk appetite for risky assets already appears to have weakened significantly. Burniske said he plans to buy in tranches while factoring in the possibility of further declines, and added long-term investors should focus on steadily building their target coin holdings rather than short-term price swings.
Andy, founder of blockchain-focused podcast The Rollup, said he has also focused on reaching target holdings rather than portfolio value in dollar terms. Andy added he is now trading less and is instead pursuing a strategy centered on long-term holding and phased selling to raise his average exit price.
https://coinness.com/en/news/1172164
CoinNess
Burniske sees crypto pullback as early bull-market buying opportunity - CoinNess
Placeholder partner Chris Burniske said the recent correction in the crypto market looks like a buying opportunity in the early stages of a bull market. In a po...
[Nasdaq-listed OpenWorld signs merger deal to acquire AI firm Blocksight]
Nasdaq-listed OpenWorld (OPNW), a blockchain financial infrastructure company focused on areas including real-world asset tokenization, has signed a merger agreement to acquire AI agent company Blocksight, The Block reported. Specific terms, including the acquisition price, have not been disclosed.
Following the merger, Blocksight’s AI agents are expected to serve as core infrastructure for tokenized finance programs recently announced by OpenWorld with a total value of more than $1.1 billion.
https://coinness.com/en/news/1172165
Nasdaq-listed OpenWorld (OPNW), a blockchain financial infrastructure company focused on areas including real-world asset tokenization, has signed a merger agreement to acquire AI agent company Blocksight, The Block reported. Specific terms, including the acquisition price, have not been disclosed.
Following the merger, Blocksight’s AI agents are expected to serve as core infrastructure for tokenized finance programs recently announced by OpenWorld with a total value of more than $1.1 billion.
https://coinness.com/en/news/1172165
CoinNess
Nasdaq-listed OpenWorld signs merger deal to acquire AI firm Blocksight - CoinNess
Nasdaq-listed OpenWorld (OPNW), a blockchain financial infrastructure company focused on areas including real-world asset tokenization, has signed a merger agre...
[Vitalik says Ethereum can support broader cryptography via STARK-based signature checks]
Ethereum co-founder Vitalik Buterin said on X that using STARK-based signature verification could allow Ethereum to support a wider range of cryptographic technologies. He explained that if lattice-based cryptography is proven secure against AI attacks, it could be introduced for accounts and wallets through a precompile approach. Buterin added that the ideal approach would be to use EIP-8288, described in the source as a proposal centered on introducing a mempool, so users could generate their preferred signatures locally, convert them into STARK proofs, and include them in an aggregation system. In that case, there would be no need to store separate calldata on-chain or add new precompiles.
https://coinness.com/en/news/1172166
Ethereum co-founder Vitalik Buterin said on X that using STARK-based signature verification could allow Ethereum to support a wider range of cryptographic technologies. He explained that if lattice-based cryptography is proven secure against AI attacks, it could be introduced for accounts and wallets through a precompile approach. Buterin added that the ideal approach would be to use EIP-8288, described in the source as a proposal centered on introducing a mempool, so users could generate their preferred signatures locally, convert them into STARK proofs, and include them in an aggregation system. In that case, there would be no need to store separate calldata on-chain or add new precompiles.
https://coinness.com/en/news/1172166
CoinNess
Vitalik says Ethereum can support broader cryptography via STARK-based signature checks - CoinNess
Ethereum co-founder Vitalik Buterin said on X that using STARK-based signature verification could allow Ethereum to support a wider range of cryptographic techn...
[BlackRock sees tokenized assets expanding into traditional finance]
BlackRock expects tokenized assets to broaden their use beyond crypto markets into collateral and settlement systems in traditional finance, Bloomberg reported.
Dan Maley, head of BlackRock Asia-Pacific cash business, said BlackRock’s tokenized funds are currently used as collateral in digital asset markets, and expanding that use into the traditional financial ecosystem represents a bigger opportunity. Maley said tokenization means fund ownership can be transferred or used as collateral without redeeming the fund for cash, while wider adoption in traditional finance will require financial institutions to recognize such collateral, integration with existing systems, and clearer regulation.
Meanwhile, BlackRock’s tokenized money market fund BUIDL has grown to about $2.3 billion in assets under management since its 2024 launch.
https://coinness.com/en/news/1172167
BlackRock expects tokenized assets to broaden their use beyond crypto markets into collateral and settlement systems in traditional finance, Bloomberg reported.
Dan Maley, head of BlackRock Asia-Pacific cash business, said BlackRock’s tokenized funds are currently used as collateral in digital asset markets, and expanding that use into the traditional financial ecosystem represents a bigger opportunity. Maley said tokenization means fund ownership can be transferred or used as collateral without redeeming the fund for cash, while wider adoption in traditional finance will require financial institutions to recognize such collateral, integration with existing systems, and clearer regulation.
Meanwhile, BlackRock’s tokenized money market fund BUIDL has grown to about $2.3 billion in assets under management since its 2024 launch.
https://coinness.com/en/news/1172167
CoinNess
BlackRock sees tokenized assets expanding into traditional finance - CoinNess
BlackRock expects tokenized assets to broaden their use beyond crypto markets into collateral and settlement systems in traditional finance, Bloomberg reported....
[XRP supply held for over a year rises to 55.91%, up nearly 5 percentage points YTD]
The share of Ripple (XRP) in circulation that has not moved for at least one year reached 55.91% on Oct. 16, up about 4.92 percentage points from 50.99% at the start of the year, The Crypto Basic reported, citing Glassnode data. The amount was equivalent to more than 38 billion XRP.
Among long-term holders, the one-to-two-year cohort posted the sharpest increase, rising from 11.698% at the start of the year to 16.742%. By contrast, the three-to-five-year cohort, which was the largest long-term holder group at the start of the year, fell from 18.432% to 17.801%. The two-to-three-year and five-to-seven-year cohorts also edged lower.
Among short-term holders, the one-to-three-month cohort declined from 12.286% to 3.518%, while the three-to-six-month cohort fell from 10.588% to 6.142%.
The outlet said the increase in long-term holdings, alongside a decline in XRP balances on exchanges, may have reduced the amount of XRP immediately available for trading. It added, however, that a higher long-term holding share does not necessarily signal additional buying and that demand would need to support any supply shift for prices to rise.
https://coinness.com/en/news/1172168
The share of Ripple (XRP) in circulation that has not moved for at least one year reached 55.91% on Oct. 16, up about 4.92 percentage points from 50.99% at the start of the year, The Crypto Basic reported, citing Glassnode data. The amount was equivalent to more than 38 billion XRP.
Among long-term holders, the one-to-two-year cohort posted the sharpest increase, rising from 11.698% at the start of the year to 16.742%. By contrast, the three-to-five-year cohort, which was the largest long-term holder group at the start of the year, fell from 18.432% to 17.801%. The two-to-three-year and five-to-seven-year cohorts also edged lower.
Among short-term holders, the one-to-three-month cohort declined from 12.286% to 3.518%, while the three-to-six-month cohort fell from 10.588% to 6.142%.
The outlet said the increase in long-term holdings, alongside a decline in XRP balances on exchanges, may have reduced the amount of XRP immediately available for trading. It added, however, that a higher long-term holding share does not necessarily signal additional buying and that demand would need to support any supply shift for prices to rise.
https://coinness.com/en/news/1172168
CoinNess
XRP supply held for over a year rises to 55.91%, up nearly 5 percentage points YTD - CoinNess
The share of Ripple (XRP) in circulation that has not moved for at least one year reached 55.91% on Oct. 16, up about 4.92 percentage points from 50.99% at the ...
[Crypto lending vault deposits top $10B as regulators step up scrutiny]
Funds deposited in DeFi-based cryptocurrency lending products known as lending vaults have surpassed $10 billion, up sharply from about $4 billion at the start of last year, the Financial Times reported. Growth has been driven by demand from stablecoin holders seeking returns by lending assets to traders.
U.S. and European regulators are now examining whether closer oversight of lending vaults is needed. The U.S. SEC said in July it was reviewing whether vaults could fall under securities laws. The European Securities and Markets Authority in September proposed rules for gatekeepers that intermediate access to DeFi services or facilitate transactions, and said the regulations could also apply when crypto asset service providers support access to lending vaults.
https://coinness.com/en/news/1172169
Funds deposited in DeFi-based cryptocurrency lending products known as lending vaults have surpassed $10 billion, up sharply from about $4 billion at the start of last year, the Financial Times reported. Growth has been driven by demand from stablecoin holders seeking returns by lending assets to traders.
U.S. and European regulators are now examining whether closer oversight of lending vaults is needed. The U.S. SEC said in July it was reviewing whether vaults could fall under securities laws. The European Securities and Markets Authority in September proposed rules for gatekeepers that intermediate access to DeFi services or facilitate transactions, and said the regulations could also apply when crypto asset service providers support access to lending vaults.
https://coinness.com/en/news/1172169
CoinNess
Crypto lending vault deposits top $10B as regulators step up scrutiny - CoinNess
Funds deposited in DeFi-based cryptocurrency lending products known as lending vaults have surpassed $10 billion, up sharply from about $4 billion at the start ...
[Dormant whale moves BTC for first time in 13 years, with potential $30M gain]
A whale that acquired BTC worth $130 at 2013 prices moved the holdings to a new wallet for the first time, Arkham reported. The stash is now worth more than $30 million.
https://coinness.com/en/news/1172170
A whale that acquired BTC worth $130 at 2013 prices moved the holdings to a new wallet for the first time, Arkham reported. The stash is now worth more than $30 million.
https://coinness.com/en/news/1172170
CoinNess
Dormant whale moves BTC for first time in 13 years, with potential $30M gain - CoinNess
A whale that acquired BTC worth $130 at 2013 prices moved the holdings to a new wallet for the first time, Arkham reported. The stash is now worth more than $30...
[MARA-linked addresses send 1,000 BTC to exchanges over 5 days]
Addresses linked to Bitcoin miner MARA Holdings (Nasdaq: MARA) deposited 1,000 BTC, worth about $82.8 million, to centralized exchanges including Binance and Gate over the past five days, according to an analysis by Lookonchain. Such exchange deposits are typically interpreted as intended for selling. MARA Holdings has continued selling mined and held BTC for cash this year.
https://coinness.com/en/news/1172171
Addresses linked to Bitcoin miner MARA Holdings (Nasdaq: MARA) deposited 1,000 BTC, worth about $82.8 million, to centralized exchanges including Binance and Gate over the past five days, according to an analysis by Lookonchain. Such exchange deposits are typically interpreted as intended for selling. MARA Holdings has continued selling mined and held BTC for cash this year.
https://coinness.com/en/news/1172171
CoinNess
MARA-linked addresses send 1,000 BTC to exchanges over 5 days - CoinNess
Addresses linked to Bitcoin miner MARA Holdings (Nasdaq: MARA) deposited 1,000 BTC, worth about $82.8 million, to centralized exchanges including Binance and Ga...
[XRPL lending bug fix set for Oct. 23 pending continued validator support]
A bug-fix patch for the XRP Ledger, fixCleanup3_4_0, is expected to take effect around 9:34 a.m. UTC on Oct. 23 after securing support from 29 validators, CoinDesk reported. Because that backing only meets the minimum threshold, the countdown would restart if even one validator withdraws support.
The patch includes a fix tied to XRPL’s lending feature, which Ripple has been pursuing for banks and payments firms. Even if the patch is implemented as scheduled, that would not amount to final approval for the launch of the lending system. Under XRPL’s governance process, changes must win support from 29 of the network’s 35 default trusted validators, or more than 80%, and maintain that level of backing for two straight weeks to be approved.
https://coinness.com/en/news/1172172
A bug-fix patch for the XRP Ledger, fixCleanup3_4_0, is expected to take effect around 9:34 a.m. UTC on Oct. 23 after securing support from 29 validators, CoinDesk reported. Because that backing only meets the minimum threshold, the countdown would restart if even one validator withdraws support.
The patch includes a fix tied to XRPL’s lending feature, which Ripple has been pursuing for banks and payments firms. Even if the patch is implemented as scheduled, that would not amount to final approval for the launch of the lending system. Under XRPL’s governance process, changes must win support from 29 of the network’s 35 default trusted validators, or more than 80%, and maintain that level of backing for two straight weeks to be approved.
https://coinness.com/en/news/1172172
CoinNess
XRPL lending bug fix set for Oct. 23 pending continued validator support - CoinNess
A bug-fix patch for the XRP Ledger, fixCleanup3_4_0, is expected to take effect around 9:34 a.m. UTC on Oct. 23 after securing support from 29 validators, CoinD...
[South Korea watchdog chief says crypto scam pace outstrips current oversight]
Lee Chan-jin, governor of South Korea’s Financial Supervisory Service, said current supervisory capabilities are struggling to keep up with the speed of on-chain fraud involving virtual assets, or digital assets, Digital Asset reported.
The remarks came after criticism over about 2.8 billion won ($2.0 million) in losses from a fake chain impersonating GIWA, a blockchain mainnet under development by Dunamu. During a National Policy Committee audit of the Financial Supervisory Service at the National Assembly in Seoul on Oct. 19, Democratic Party lawmaker Min Byoung-dug said Lee was unaware of the incident. Min added the regulator also did not know the scale of the losses and said its oversight capacity for the digital-asset market needs to be strengthened.
Min argued the regulator should secure dedicated blockchain forensics personnel and establish supervisory standards for large exchanges and blockchain networks.
https://coinness.com/en/news/1172173
See more: https://www.digitalasset.works/news/articleView.html?idxno=43675
Lee Chan-jin, governor of South Korea’s Financial Supervisory Service, said current supervisory capabilities are struggling to keep up with the speed of on-chain fraud involving virtual assets, or digital assets, Digital Asset reported.
The remarks came after criticism over about 2.8 billion won ($2.0 million) in losses from a fake chain impersonating GIWA, a blockchain mainnet under development by Dunamu. During a National Policy Committee audit of the Financial Supervisory Service at the National Assembly in Seoul on Oct. 19, Democratic Party lawmaker Min Byoung-dug said Lee was unaware of the incident. Min added the regulator also did not know the scale of the losses and said its oversight capacity for the digital-asset market needs to be strengthened.
Min argued the regulator should secure dedicated blockchain forensics personnel and establish supervisory standards for large exchanges and blockchain networks.
https://coinness.com/en/news/1172173
See more: https://www.digitalasset.works/news/articleView.html?idxno=43675
CoinNess
South Korea watchdog chief says crypto scam pace outstrips current oversight - CoinNess
Lee Chan-jin, governor of South Korea’s Financial Supervisory Service, said current supervisory capabilities are struggling to keep up with the speed of on-ch...
[93% of South Korea crypto industry survey respondents call for tax delay]
More than nine in 10 people surveyed across South Korea’s digital-asset industry and expert community said cryptocurrency taxation set for next year should be delayed, citing difficulty obtaining transaction data from overseas exchanges and personal wallets as well as unclear tax standards for new transaction types such as staking and airdrops, the Seoul Economic Daily reported.
In an emergency survey of 30 people conducted by the Seoul Economic Daily, including officials at major domestic cryptocurrency exchanges, custody firms, blockchain infrastructure companies, and academic and legal experts, 93.3% or 28 respondents said implementation should be postponed until next year. Of those, 70% said they strongly supported a delay and 23.3% said they supported one. Only one respondent opposed a postponement.
Asked whether South Korea’s National Tax Service could accurately identify and tax transactions on overseas exchanges and in personal wallets, 86.7% answered negatively, while just 6.7% gave a positive assessment. Respondents also cited the introduction of loss carryforward deductions as a key area for improvement, according to the report.
https://coinness.com/en/news/1172174
See more: https://n.news.naver.com/mnews/article/011/0004672525?sid=101
More than nine in 10 people surveyed across South Korea’s digital-asset industry and expert community said cryptocurrency taxation set for next year should be delayed, citing difficulty obtaining transaction data from overseas exchanges and personal wallets as well as unclear tax standards for new transaction types such as staking and airdrops, the Seoul Economic Daily reported.
In an emergency survey of 30 people conducted by the Seoul Economic Daily, including officials at major domestic cryptocurrency exchanges, custody firms, blockchain infrastructure companies, and academic and legal experts, 93.3% or 28 respondents said implementation should be postponed until next year. Of those, 70% said they strongly supported a delay and 23.3% said they supported one. Only one respondent opposed a postponement.
Asked whether South Korea’s National Tax Service could accurately identify and tax transactions on overseas exchanges and in personal wallets, 86.7% answered negatively, while just 6.7% gave a positive assessment. Respondents also cited the introduction of loss carryforward deductions as a key area for improvement, according to the report.
https://coinness.com/en/news/1172174
See more: https://n.news.naver.com/mnews/article/011/0004672525?sid=101
CoinNess
93% of South Korea crypto industry survey respondents call for tax delay - CoinNess
More than nine in 10 people surveyed across South Korea’s digital-asset industry and expert community said cryptocurrency taxation set for next year should be...
[BTC spot CVD chart at 5:30 a.m. UTC on Oct. 19]
Spot CVD is an order book analysis chart for the BTC/USDT spot trading pair. The upper panel shows the volume heatmap, while the lower panel shows cumulative volume delta, or CVD.
- The volume heatmap tracks trading volume at each price level. The background becomes brighter when the price stays in a specific range for an extended period or makes a large move. Brighter zones may act as support or resistance.
- The CVD indicator shows buy and sell orders by order size. As buy orders increase, the line for the corresponding color moves higher. The yellow line represents orders between $100 and $1,000, while the brown line reflects large orders between $1 million and $10 million.
https://coinness.com/en/news/1172175
Spot CVD is an order book analysis chart for the BTC/USDT spot trading pair. The upper panel shows the volume heatmap, while the lower panel shows cumulative volume delta, or CVD.
- The volume heatmap tracks trading volume at each price level. The background becomes brighter when the price stays in a specific range for an extended period or makes a large move. Brighter zones may act as support or resistance.
- The CVD indicator shows buy and sell orders by order size. As buy orders increase, the line for the corresponding color moves higher. The yellow line represents orders between $100 and $1,000, while the brown line reflects large orders between $1 million and $10 million.
https://coinness.com/en/news/1172175
CoinNess
BTC spot CVD chart at 5:30 a.m. UTC on Oct. 19 - CoinNess
Spot CVD is an order book analysis chart for the BTC/USDT spot trading pair. The upper panel shows the volume heatmap, while the lower panel shows cumulative vo...
[Zcash developers seek stronger ZEC swap privacy against future quantum threats]
The Zakura development team, which builds software based on Zcash, is pursuing a way to strengthen the privacy of ZEC transactions made through the cross-chain swap service NEAR Intents, CoinDesk reported. The team aims to assign a separate viewing key to each swap to reduce the risk that transaction records could be exposed by attacks from future quantum computers.
At present, when users swap privacy-protected ZEC for USDC through NEAR Intents, the user’s Zcash address is disclosed on NEAR’s public blockchain so unused ZEC can be refunded. Even if a transaction is completed normally and no refund is needed, the address remains publicly visible.
While deriving a private key from a public address is difficult with conventional computers, a sufficiently powerful quantum computer running Shor’s algorithm could theoretically attack the related cryptographic system. Under Zakura’s proposal, each swap would use a separate viewing key, while the key with authority to spend funds would remain in the user’s primary account. That would limit any transaction history visible to an attacker, even if the key for a specific refund address were exposed, to information related only to that swap.
https://coinness.com/en/news/1172176
The Zakura development team, which builds software based on Zcash, is pursuing a way to strengthen the privacy of ZEC transactions made through the cross-chain swap service NEAR Intents, CoinDesk reported. The team aims to assign a separate viewing key to each swap to reduce the risk that transaction records could be exposed by attacks from future quantum computers.
At present, when users swap privacy-protected ZEC for USDC through NEAR Intents, the user’s Zcash address is disclosed on NEAR’s public blockchain so unused ZEC can be refunded. Even if a transaction is completed normally and no refund is needed, the address remains publicly visible.
While deriving a private key from a public address is difficult with conventional computers, a sufficiently powerful quantum computer running Shor’s algorithm could theoretically attack the related cryptographic system. Under Zakura’s proposal, each swap would use a separate viewing key, while the key with authority to spend funds would remain in the user’s primary account. That would limit any transaction history visible to an attacker, even if the key for a specific refund address were exposed, to information related only to that swap.
https://coinness.com/en/news/1172176
[Mirae Asset Securities targets Q1 launch for tokenized products next year]
Mirae Asset Securities is pursuing a business plan aimed at launching tokenized products in the first quarter of next year, Digital Asset reported. As its first products, the firm is primarily reviewing an institutional private money market fund and privately placed bonds.
A money market fund mainly invests in short-term financial instruments. Unlike public offerings, private placements raise funds from a limited pool of investors. The outlet added that a specific launch date, product structure, and the issuance and distribution methods have not been confirmed.
https://coinness.com/en/news/1172177
See more: https://www.digitalasset.works/news/articleView.html?idxno=43677
Mirae Asset Securities is pursuing a business plan aimed at launching tokenized products in the first quarter of next year, Digital Asset reported. As its first products, the firm is primarily reviewing an institutional private money market fund and privately placed bonds.
A money market fund mainly invests in short-term financial instruments. Unlike public offerings, private placements raise funds from a limited pool of investors. The outlet added that a specific launch date, product structure, and the issuance and distribution methods have not been confirmed.
https://coinness.com/en/news/1172177
See more: https://www.digitalasset.works/news/articleView.html?idxno=43677
CoinNess
Mirae Asset Securities targets Q1 launch for tokenized products next year - CoinNess
Mirae Asset Securities is pursuing a business plan aimed at launching tokenized products in the first quarter of next year, Digital Asset reported. As its first...
[BTC perp long/short ratios on top exchanges by open interest]
The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest:
Overall: 50.04% long, 49.96% short
- Binance: 50.49% long, 49.51% short
- OKX: 48.85% long, 51.15% short
- Bybit: 49.94% long, 50.06% short
https://coinness.com/en/news/1172178
The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest:
Overall: 50.04% long, 49.96% short
- Binance: 50.49% long, 49.51% short
- OKX: 48.85% long, 51.15% short
- Bybit: 49.94% long, 50.06% short
https://coinness.com/en/news/1172178
CoinNess
BTC perp long/short ratios on top exchanges by open interest - CoinNess
The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 50....
[Bybit says it recouped full $1.5B hacking loss by late last year]
Bybit had fully recouped about $1.5 billion in losses from a North Korean hacking attack by late last year through operating revenue such as trading fees, CEO Ben Zhou said in an interview with Colin Wu, the operator of crypto media outlet WuBlockchain, BlockBeats reported.
Zhou said exchanges hit by hacks would continue to emerge and stressed security systems should be designed on the assumption they will be breached. On industry competition, Zhou said the period of rapid expansion by global exchanges has passed, and while consolidation among exchanges is likely ahead, exchanges with local licenses, operational capabilities and a focus on specific regions still have room to grow. Zhou added Bybit's profit this year has fallen from a year earlier, and its traditional asset trading business, including stocks, is still not enough to offset weakness in its crypto business. Zhou also said Bybit is waiting for an opportunity to enter the U.S. market, prefers working with institutions that already have a local retail investor base, and plans to focus over the next year on regional business expansion and localization, according to BlockBeats.
https://coinness.com/en/news/1172179
Bybit had fully recouped about $1.5 billion in losses from a North Korean hacking attack by late last year through operating revenue such as trading fees, CEO Ben Zhou said in an interview with Colin Wu, the operator of crypto media outlet WuBlockchain, BlockBeats reported.
Zhou said exchanges hit by hacks would continue to emerge and stressed security systems should be designed on the assumption they will be breached. On industry competition, Zhou said the period of rapid expansion by global exchanges has passed, and while consolidation among exchanges is likely ahead, exchanges with local licenses, operational capabilities and a focus on specific regions still have room to grow. Zhou added Bybit's profit this year has fallen from a year earlier, and its traditional asset trading business, including stocks, is still not enough to offset weakness in its crypto business. Zhou also said Bybit is waiting for an opportunity to enter the U.S. market, prefers working with institutions that already have a local retail investor base, and plans to focus over the next year on regional business expansion and localization, according to BlockBeats.
https://coinness.com/en/news/1172179
CoinNess
Bybit says it recouped full $1.5B hacking loss by late last year - CoinNess
Bybit had fully recouped about $1.5 billion in losses from a North Korean hacking attack by late last year through operating revenue such as trading fees, CEO B...
[Dunamu, Bithumb shares slide to yearly lows]
Shares of cryptocurrency exchanges have fallen to their lowest levels of the year, as weak trading activity, delays in establishing a legal framework and lingering uncertainty over crypto taxation cool investor interest, Bizwatch reported.
According to Naver Pay Unlisted, shares of Dunamu, the operator of South Korean exchange Upbit, traded at 236,000 won ($171) on Oct. 16. Dunamu’s stock had climbed to 370,000 won when it announced a share swap with Naver Financial in November last year, but has since declined steadily to its lowest level this year.
Bithumb’s share price has fallen about 57% over the past year. After trading near 350,000 won following its relisting after the spin-off of Bithumb Asset in November last year, the stock is now changing hands in the 140,000 won range.
https://coinness.com/en/news/1172180
See more: https://news.bizwatch.co.kr/article/mobile/2026/10/19/0019
Shares of cryptocurrency exchanges have fallen to their lowest levels of the year, as weak trading activity, delays in establishing a legal framework and lingering uncertainty over crypto taxation cool investor interest, Bizwatch reported.
According to Naver Pay Unlisted, shares of Dunamu, the operator of South Korean exchange Upbit, traded at 236,000 won ($171) on Oct. 16. Dunamu’s stock had climbed to 370,000 won when it announced a share swap with Naver Financial in November last year, but has since declined steadily to its lowest level this year.
Bithumb’s share price has fallen about 57% over the past year. After trading near 350,000 won following its relisting after the spin-off of Bithumb Asset in November last year, the stock is now changing hands in the 140,000 won range.
https://coinness.com/en/news/1172180
See more: https://news.bizwatch.co.kr/article/mobile/2026/10/19/0019
CoinNess
Dunamu, Bithumb shares slide to yearly lows - CoinNess
Shares of cryptocurrency exchanges have fallen to their lowest levels of the year, as weak trading activity, delays in establishing a legal framework and linger...
[FSS chief says stronger crypto oversight framework under discussion with FIU]
Lee Chan-jin, governor of South Korea’s Financial Supervisory Service, said authorities are working with the Financial Intelligence Unit to establish a stronger virtual asset oversight framework after a series of internal control failures at major virtual asset service providers, including Bithumb, according to Newsis.
Speaking at a National Assembly audit on Oct. 19, Lee made the remarks in response to Democratic Party lawmaker Lee Kang-il’s criticism that oversight of virtual assets is split among the Financial Services Commission, the Financial Supervisory Service, the Financial Intelligence Unit and the Bank of Korea. Lee said an enhanced supervisory framework is reflected in the government’s draft of the Framework Act on Digital Assets, the second phase of legislation, although it has not yet been announced. Lee also said coordination with the FIU has already been strengthened and discussions on building a new oversight system are nearly complete.
https://coinness.com/en/news/1172181
See more: https://www.newsis.com/view/NISX20261019_0003831881
Lee Chan-jin, governor of South Korea’s Financial Supervisory Service, said authorities are working with the Financial Intelligence Unit to establish a stronger virtual asset oversight framework after a series of internal control failures at major virtual asset service providers, including Bithumb, according to Newsis.
Speaking at a National Assembly audit on Oct. 19, Lee made the remarks in response to Democratic Party lawmaker Lee Kang-il’s criticism that oversight of virtual assets is split among the Financial Services Commission, the Financial Supervisory Service, the Financial Intelligence Unit and the Bank of Korea. Lee said an enhanced supervisory framework is reflected in the government’s draft of the Framework Act on Digital Assets, the second phase of legislation, although it has not yet been announced. Lee also said coordination with the FIU has already been strengthened and discussions on building a new oversight system are nearly complete.
https://coinness.com/en/news/1172181
See more: https://www.newsis.com/view/NISX20261019_0003831881
CoinNess
FSS chief says stronger crypto oversight framework under discussion with FIU - CoinNess
Lee Chan-jin, governor of South Korea’s Financial Supervisory Service, said authorities are working with the Financial Intelligence Unit to establish a strong...
[400,000 Hyperliquid app users post $280M in cumulative losses]
About 400,000 wallets that traded Hyperliquid perpetual futures through six third-party apps tied to Hyperliquid have posted cumulative losses of $280 million, according to Hypurrdash analysis shared on X by Mike Dudas, founder of crypto media outlet The Block and a venture capitalist. The analysis covered Phantom, MetaMask, Rabby, Trust Wallet, Invo and Pomo.
More than half of the total losses came from app usage fees rather than trading losses themselves. Only one in seven users remained active three months after they began trading.
https://coinness.com/en/news/1172182
About 400,000 wallets that traded Hyperliquid perpetual futures through six third-party apps tied to Hyperliquid have posted cumulative losses of $280 million, according to Hypurrdash analysis shared on X by Mike Dudas, founder of crypto media outlet The Block and a venture capitalist. The analysis covered Phantom, MetaMask, Rabby, Trust Wallet, Invo and Pomo.
More than half of the total losses came from app usage fees rather than trading losses themselves. Only one in seven users remained active three months after they began trading.
https://coinness.com/en/news/1172182
CoinNess
400,000 Hyperliquid app users post $280M in cumulative losses - CoinNess
About 400,000 wallets that traded Hyperliquid perpetual futures through six third-party apps tied to Hyperliquid have posted cumulative losses of $280 million, ...
[Shinhan Bank, Crypto.com complete stablecoin payment PoC for foreign tourists]
Shinhan Bank has completed a proof of concept for a next-generation payment system for foreign tourists with global crypto exchange Crypto.com and payment services provider KSNET, SBS Biz reported.
The trial verified a structure in K-beauty and medical settings in which foreign tourists pay with dollar-denominated stablecoins through Crypto.com Pay while South Korean merchants receive settlements in won. Ahead of a full commercial launch, the project was carried out as a limited pilot with on-site merchants including major South Korean hospitals and clinics.
https://coinness.com/en/news/1172183
See more: https://biz.sbs.co.kr/article/20000340460?division=NAVER
Shinhan Bank has completed a proof of concept for a next-generation payment system for foreign tourists with global crypto exchange Crypto.com and payment services provider KSNET, SBS Biz reported.
The trial verified a structure in K-beauty and medical settings in which foreign tourists pay with dollar-denominated stablecoins through Crypto.com Pay while South Korean merchants receive settlements in won. Ahead of a full commercial launch, the project was carried out as a limited pilot with on-site merchants including major South Korean hospitals and clinics.
https://coinness.com/en/news/1172183
See more: https://biz.sbs.co.kr/article/20000340460?division=NAVER
CoinNess
Shinhan Bank, Crypto.com complete stablecoin payment PoC for foreign tourists - CoinNess
Shinhan Bank has completed a proof of concept for a next-generation payment system for foreign tourists with global crypto exchange Crypto.com and payment servi...