[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...
[CZ jabs Peter Schiff over 13 years of BTC-to-zero calls]
Binance founder Zhao Changpeng took aim at Bitcoin bear Peter Schiff on X, saying Schiff’s forecast may eventually prove correct, but only if Schiff changes his stance on BTC. Earlier, crypto influencer The Bitcoin Historian said Schiff has consistently argued for the past 13 years that BTC would fall to $0.
https://coinness.com/en/news/1172184
Binance founder Zhao Changpeng took aim at Bitcoin bear Peter Schiff on X, saying Schiff’s forecast may eventually prove correct, but only if Schiff changes his stance on BTC. Earlier, crypto influencer The Bitcoin Historian said Schiff has consistently argued for the past 13 years that BTC would fall to $0.
https://coinness.com/en/news/1172184
CoinNess
CZ jabs Peter Schiff over 13 years of BTC-to-zero calls - CoinNess
Binance founder Zhao Changpeng took aim at Bitcoin bear Peter Schiff on X, saying Schiff’s forecast may eventually prove correct, but only if Schiff changes h...
[Justin Sun says Hyperliquid growth hinges on U.S. regulatory direction]
Tron founder Justin Sun described Hyperliquid (HYPE) as one of the most notable projects to emerge in the current market cycle, Odaily reported. Sun said Hyperliquid opened new possibilities for the industry through U.S. equity perpetual futures, adding that if U.S. regulators allow the platform a regulatory exemption similar to Uniswap’s, many centralized exchanges could shift to a decentralized exchange model. He added that tighter regulation would put Hyperliquid under significant pressure.
Sun also said Hyperliquid still lags locally compliant firms such as Circle in its regulatory response and operational capabilities in the U.S.
https://coinness.com/en/news/1172185
Tron founder Justin Sun described Hyperliquid (HYPE) as one of the most notable projects to emerge in the current market cycle, Odaily reported. Sun said Hyperliquid opened new possibilities for the industry through U.S. equity perpetual futures, adding that if U.S. regulators allow the platform a regulatory exemption similar to Uniswap’s, many centralized exchanges could shift to a decentralized exchange model. He added that tighter regulation would put Hyperliquid under significant pressure.
Sun also said Hyperliquid still lags locally compliant firms such as Circle in its regulatory response and operational capabilities in the U.S.
https://coinness.com/en/news/1172185
CoinNess
Justin Sun says Hyperliquid growth hinges on U.S. regulatory direction - CoinNess
Tron founder Justin Sun described Hyperliquid (HYPE) as one of the most notable projects to emerge in the current market cycle, Odaily reported. Sun said Hyperl...
[Coinone to delist GALA on Nov. 19]
South Korean exchange Coinone announced the delisting of GALA at 6:00 a.m. UTC on Nov. 19.
The exchange said GALA had been placed on a delisting watchlist after a security incident, including an unexplained or unresolved hack, occurred on Aug. 18 involving a virtual-asset wallet managed by the issuer or operator, or a distributed ledger where the asset is issued, transferred or stored, and after it was confirmed that material information that could significantly affect users’ reasonable investment decisions or the asset’s value had not been disclosed in a timely manner. Coinone added it had not identified sufficient evidence to conclude the reasons for the delisting watchlist designation had been resolved.
https://coinness.com/en/news/1172186
South Korean exchange Coinone announced the delisting of GALA at 6:00 a.m. UTC on Nov. 19.
The exchange said GALA had been placed on a delisting watchlist after a security incident, including an unexplained or unresolved hack, occurred on Aug. 18 involving a virtual-asset wallet managed by the issuer or operator, or a distributed ledger where the asset is issued, transferred or stored, and after it was confirmed that material information that could significantly affect users’ reasonable investment decisions or the asset’s value had not been disclosed in a timely manner. Coinone added it had not identified sufficient evidence to conclude the reasons for the delisting watchlist designation had been resolved.
https://coinness.com/en/news/1172186
CoinNess
Coinone to delist GALA on Nov. 19 - CoinNess
South Korean exchange Coinone announced the delisting of GALA at 6:00 a.m. UTC on Nov. 19. The exchange said GALA had been placed on a delisting watchlist afte...
[XRP held on exchanges rises to 11.81 billion, among top 1% over past year]
XRP holdings on cryptocurrency exchanges rose to about 11.81 billion tokens, placing them in the top 1% of levels seen over the past year, CoinGape reported. According to CryptoQuant data, sellable XRP supply has been building on exchanges, while Binance XRP futures open interest fell about 15.8% from earlier this month. Over the same period, forced liquidations of long positions also surged.
On-chain analyst CryptoOnchain said on X, "선물시장의 레버리지는 해소됐지만 거래소 물량은 그만큼 줄지 않았다" Media outlet explained that while leveraged traders have been pushed out of the market, XRP sent to exchanges still remains there. It added that higher exchange balances do not necessarily signal selling, but price volatility could increase if actual sell orders rise. Over the next five to 10 trading days, the direction of net XRP flows into and out of exchanges will be important, according to the report. If exchange balances keep falling while spot ETF net inflows and on-chain activity are maintained, the assessment of short-term risk could change. Meanwhile, cumulative net inflows into spot XRP ETFs stand at about $1.8 billion, although recent daily net inflows have slowed.
https://coinness.com/en/news/1172187
XRP holdings on cryptocurrency exchanges rose to about 11.81 billion tokens, placing them in the top 1% of levels seen over the past year, CoinGape reported. According to CryptoQuant data, sellable XRP supply has been building on exchanges, while Binance XRP futures open interest fell about 15.8% from earlier this month. Over the same period, forced liquidations of long positions also surged.
On-chain analyst CryptoOnchain said on X, "선물시장의 레버리지는 해소됐지만 거래소 물량은 그만큼 줄지 않았다" Media outlet explained that while leveraged traders have been pushed out of the market, XRP sent to exchanges still remains there. It added that higher exchange balances do not necessarily signal selling, but price volatility could increase if actual sell orders rise. Over the next five to 10 trading days, the direction of net XRP flows into and out of exchanges will be important, according to the report. If exchange balances keep falling while spot ETF net inflows and on-chain activity are maintained, the assessment of short-term risk could change. Meanwhile, cumulative net inflows into spot XRP ETFs stand at about $1.8 billion, although recent daily net inflows have slowed.
https://coinness.com/en/news/1172187
CoinNess
XRP held on exchanges rises to 11.81 billion, among top 1% over past year - CoinNess
XRP holdings on cryptocurrency exchanges rose to about 11.81 billion tokens, placing them in the top 1% of levels seen over the past year, CoinGape reported. Ac...
[Bitcoin futures OI declines, signaling weaker speculative demand]
Open interest in the Bitcoin futures market has been trending lower, suggesting speculative trading demand is easing, according to an AMBCrypto analysis.
The outlet said the seven-day moving average of Bitcoin futures open interest recently fell below the 365-day moving average, marking the second such instance since Aug. 25. It said the shift suggests bullish sentiment that had gained traction in the derivatives market in early September is weakening again. The outlet added that spot Bitcoin ETFs posted net outflows for a second straight week, indicating spot demand has also turned lower. ETF outflows, however, narrowed to $228.4 billion from $678.9 billion a week earlier. AMBCrypto said a sustainable Bitcoin rebound would require ETF inflows, improved spot demand and a continued accumulation trend among investors.
https://coinness.com/en/news/1172188
Open interest in the Bitcoin futures market has been trending lower, suggesting speculative trading demand is easing, according to an AMBCrypto analysis.
The outlet said the seven-day moving average of Bitcoin futures open interest recently fell below the 365-day moving average, marking the second such instance since Aug. 25. It said the shift suggests bullish sentiment that had gained traction in the derivatives market in early September is weakening again. The outlet added that spot Bitcoin ETFs posted net outflows for a second straight week, indicating spot demand has also turned lower. ETF outflows, however, narrowed to $228.4 billion from $678.9 billion a week earlier. AMBCrypto said a sustainable Bitcoin rebound would require ETF inflows, improved spot demand and a continued accumulation trend among investors.
https://coinness.com/en/news/1172188
CoinNess
Bitcoin futures OI declines, signaling weaker speculative demand - CoinNess
Open interest in the Bitcoin futures market has been trending lower, suggesting speculative trading demand is easing, according to an AMBCrypto analysis. The o...
[Anonymous whale deposits $3.6M in ENA to Binance]
Three addresses believed to belong to the same anonymous whale or institution unstaked 18.085 million ENA worth $3.64 million from Ethena over the past hour and deposited the full amount to Binance, on-chain analyst ai_9684xtpa said. Exchange deposits are typically interpreted as intended for selling. The average deposit price was $0.2013.
https://coinness.com/en/news/1172189
Three addresses believed to belong to the same anonymous whale or institution unstaked 18.085 million ENA worth $3.64 million from Ethena over the past hour and deposited the full amount to Binance, on-chain analyst ai_9684xtpa said. Exchange deposits are typically interpreted as intended for selling. The average deposit price was $0.2013.
https://coinness.com/en/news/1172189
[Altcoins fall over 5% on weekend, set for biggest drop since April]
Risk-off sentiment in equities spilled over into crypto, sending altcoins down more than 5% over the weekend, Cointelegraph reported, citing Glassnode data. Glassnode said the slide was on track to mark the biggest weekend decline since April if losses persisted while weekend trading was still underway.
https://coinness.com/en/news/1172190
Risk-off sentiment in equities spilled over into crypto, sending altcoins down more than 5% over the weekend, Cointelegraph reported, citing Glassnode data. Glassnode said the slide was on track to mark the biggest weekend decline since April if losses persisted while weekend trading was still underway.
https://coinness.com/en/news/1172190
CoinNess
Altcoins fall over 5% on weekend, set for biggest drop since April - CoinNess
Risk-off sentiment in equities spilled over into crypto, sending altcoins down more than 5% over the weekend, Cointelegraph reported, citing Glassnode data. Gla...
[JPMorgan expands JPM deposit token to Ethereum]
JPMorgan will issue its dollar deposit token JPM on the Ethereum network, Bloomberg reported. JPM was first launched on the Base network last year and allows institutional clients to transfer U.S. dollar deposits around the clock. JPMorgan plans to use JPM not only for on-chain payments by crypto companies, but also for settling tokenized asset trades and providing collateral for financial institutions.
https://coinness.com/en/news/1172191
JPMorgan will issue its dollar deposit token JPM on the Ethereum network, Bloomberg reported. JPM was first launched on the Base network last year and allows institutional clients to transfer U.S. dollar deposits around the clock. JPMorgan plans to use JPM not only for on-chain payments by crypto companies, but also for settling tokenized asset trades and providing collateral for financial institutions.
https://coinness.com/en/news/1172191
CoinNess
JPMorgan expands JPM deposit token to Ethereum - CoinNess
JPMorgan will issue its dollar deposit token JPM on the Ethereum network, Bloomberg reported. JPM was first launched on the Base network last year and allows in...
[Bithumb to suspend TIA, MANTA deposits and withdrawals on Oct. 20]
South Korean exchange Bithumb announced the temporary suspension of deposits and withdrawals for Celestia (TIA) and Manta (MANTA) starting at 12:00 a.m. UTC on Oct. 20 to support network upgrades.
https://coinness.com/en/news/1172192
South Korean exchange Bithumb announced the temporary suspension of deposits and withdrawals for Celestia (TIA) and Manta (MANTA) starting at 12:00 a.m. UTC on Oct. 20 to support network upgrades.
https://coinness.com/en/news/1172192
CoinNess
Bithumb to suspend TIA, MANTA deposits and withdrawals on Oct. 20 - CoinNess
South Korean exchange Bithumb announced the temporary suspension of deposits and withdrawals for Celestia (TIA) and Manta (MANTA) starting at 12:00 a.m. UTC on ...
[BTC rises above $83,000]
According to CoinNess market monitoring, BTC has risen above $83,000. BTC is trading at $83,097.64 on the Binance USDT market.
https://coinness.com/en/news/1172193
According to CoinNess market monitoring, BTC has risen above $83,000. BTC is trading at $83,097.64 on the Binance USDT market.
https://coinness.com/en/news/1172193
CoinNess
BTC rises above $83,000 - CoinNess
According to CoinNess market monitoring, BTC has risen above $83,000. BTC is trading at $83,097.64 on the Binance USDT market.
[Upbit to list CT on KRW, BTC and USDT pairs today]
Upbit announced the addition of Concrete (CT) for trading against KRW, BTC and USDT at 9:00 a.m. UTC today.
https://coinness.com/en/news/1172194
Upbit announced the addition of Concrete (CT) for trading against KRW, BTC and USDT at 9:00 a.m. UTC today.
https://coinness.com/en/news/1172194
CoinNess
Upbit to list CT on KRW, BTC and USDT pairs - CoinNess
Upbit announced the addition of Concrete (CT) for trading against KRW, BTC and USDT.
[TRON tops onchain revenue over 24 hours, 7 days and 30 days]
TRON led all chains in onchain revenue over the past 30 days at $23.41 million, followed by Ethereum at $6.34 million and Solana at $3.4 million, according to DefiLlama data.
Over the past seven days, TRON remained first at $5.8 million, ahead of Solana at $784,000 and Base at $584,000. Over the past 24 hours, TRON also ranked first at around $555,000, followed by Solana at $107,000 and Polygon at $64,000.
https://coinness.com/en/news/1172195
TRON led all chains in onchain revenue over the past 30 days at $23.41 million, followed by Ethereum at $6.34 million and Solana at $3.4 million, according to DefiLlama data.
Over the past seven days, TRON remained first at $5.8 million, ahead of Solana at $784,000 and Base at $584,000. Over the past 24 hours, TRON also ranked first at around $555,000, followed by Solana at $107,000 and Polygon at $64,000.
https://coinness.com/en/news/1172195
CoinNess
TRON tops onchain revenue over 24 hours, 7 days and 30 days - CoinNess
TRON led all chains in onchain revenue over the past 30 days at $23.41 million, followed by Ethereum at $6.34 million and Solana at $3.4 million, according to D...
[Bithumb to list CT in KRW trading at 10:00 a.m. UTC]
Bithumb announced the addition of Concrete (CT) to its South Korean won trading pair at 10:00 a.m. UTC today. Earlier, Upbit announced the addition of CT to its KRW, BTC and USDT trading pairs at 9:00 a.m. UTC today.
https://coinness.com/en/news/1172196
Bithumb announced the addition of Concrete (CT) to its South Korean won trading pair at 10:00 a.m. UTC today. Earlier, Upbit announced the addition of CT to its KRW, BTC and USDT trading pairs at 9:00 a.m. UTC today.
https://coinness.com/en/news/1172196
CoinNess
Bithumb to list CT in KRW trading pair - CoinNess
Bithumb announced the addition of Concrete (CT) to its KRW trading pair at 10:00 a.m. UTC on Oct. 19.
[South Korean lawmaker alleges Kim & Chang adviser pushed Vitoz tie-up in KOK probe]
South Korean Democratic Party lawmaker Lee Kang-il said during a parliamentary audit of the Financial Supervisory Service on Oct. 19 that a Kim & Chang adviser with a Financial Supervisory Service background had encouraged financial companies to sign MOUs with Vitoz, a company allegedly tied to figures in the KOK Coin, or KOK Token, multilevel fraud case, which Lee said caused losses of 2.5 trillion won to 570,000 victims at home and abroad, according to Edaily.
Citing multiple unnamed sources, Lee said companies seeking guidance on how to join Hana Bank’s stablecoin consortium were told by Hana Bank’s president to meet a specific law firm adviser, and those companies were then encouraged to pursue MOUs with Vitoz, Edaily reported. In response, Financial Supervisory Service Governor Lee Chan-jin said he had received a brief report on matters related to Vitoz.
https://coinness.com/en/news/1172197
See more: https://www.edaily.co.kr/News/Read?newsId=04139366645614560&mediaCodeNo=257&utm_source=naver&utm_medium=referral&utm_campaign=news_syndication&utm_content=original_article
South Korean Democratic Party lawmaker Lee Kang-il said during a parliamentary audit of the Financial Supervisory Service on Oct. 19 that a Kim & Chang adviser with a Financial Supervisory Service background had encouraged financial companies to sign MOUs with Vitoz, a company allegedly tied to figures in the KOK Coin, or KOK Token, multilevel fraud case, which Lee said caused losses of 2.5 trillion won to 570,000 victims at home and abroad, according to Edaily.
Citing multiple unnamed sources, Lee said companies seeking guidance on how to join Hana Bank’s stablecoin consortium were told by Hana Bank’s president to meet a specific law firm adviser, and those companies were then encouraged to pursue MOUs with Vitoz, Edaily reported. In response, Financial Supervisory Service Governor Lee Chan-jin said he had received a brief report on matters related to Vitoz.
https://coinness.com/en/news/1172197
See more: https://www.edaily.co.kr/News/Read?newsId=04139366645614560&mediaCodeNo=257&utm_source=naver&utm_medium=referral&utm_campaign=news_syndication&utm_content=original_article
CoinNess
South Korean lawmaker alleges Kim & Chang adviser pushed Vitoz tie-up in KOK probe - CoinNess
South Korean Democratic Party lawmaker Lee Kang-il said during a parliamentary audit of the Financial Supervisory Service on Oct. 19 that a Kim & Chang adviser ...
[Aster buys back 2.72M ASTER, burns matching amount]
Perp DEX Aster said on its official X account it bought back about 2.72 million ASTER between Oct. 5 and 19 using 99% of the daily fees generated on the platform over the past two weeks. The repurchased tokens are designated for staking participants, and Aster burned an equal amount from the team allocation. As a result, cumulative burns under the tokenomics revamp introduced in June reached about 32.31 million ASTER, while cumulative burns under the broader program totaled about 210.09 million ASTER.
https://coinness.com/en/news/1172198
Perp DEX Aster said on its official X account it bought back about 2.72 million ASTER between Oct. 5 and 19 using 99% of the daily fees generated on the platform over the past two weeks. The repurchased tokens are designated for staking participants, and Aster burned an equal amount from the team allocation. As a result, cumulative burns under the tokenomics revamp introduced in June reached about 32.31 million ASTER, while cumulative burns under the broader program totaled about 210.09 million ASTER.
https://coinness.com/en/news/1172198
CoinNess
Aster buys back 2.72M ASTER, burns matching amount - CoinNess
Perp DEX Aster said on its official X account it bought back about 2.72 million ASTER between Oct. 5 and 19 using 99% of the daily fees generated on the platfor...
[Crypto-linked stocks rise in U.S. premarket trading, led by Circle]
Crypto-linked stocks were higher ahead of the U.S. market open, with Circle (CRCL) posting the biggest gain among major names at 2.76%, according to BIT (bit.com) price data.
Bitmine (BMNR) was up 1.99%, Coinbase (COIN) gained 1.75%, Strategy (MSTR) rose 1.71%, Robinhood (HOOD) added 1.46%, and SharpLink Gaming (SBET) climbed 1.06%.
https://coinness.com/en/news/1172199
Crypto-linked stocks were higher ahead of the U.S. market open, with Circle (CRCL) posting the biggest gain among major names at 2.76%, according to BIT (bit.com) price data.
Bitmine (BMNR) was up 1.99%, Coinbase (COIN) gained 1.75%, Strategy (MSTR) rose 1.71%, Robinhood (HOOD) added 1.46%, and SharpLink Gaming (SBET) climbed 1.06%.
https://coinness.com/en/news/1172199
CoinNess
Crypto-linked stocks rise in U.S. premarket trading, led by Circle - CoinNess
Crypto-linked stocks were higher ahead of the U.S. market open, with Circle (CRCL) posting the biggest gain among major names at 2.76%, according to BIT (bit.co...