South Korea’s KakaoBank is advancing its plans to develop a stablecoin pegged to the Korean won, even as regulators in the country remain divided over how to structure a national stablecoin framework.According to local media and a hiring notice that can be found on its
The crypto market remained somewhat muted in the last day as the overall market’s value soared a mere 0.23% to $3.02 trillion.While Bitcoins sought stability above $87,500, altcoins showcased mixed performances. This article evaluates ENA, which outperformed the broader marketplace with a more than 13%
The cryptocurrency market has performed positively over the past few days, but the rally seems to have stalled. Bitcoin is trading around the $87k region, while Ether has failed to overcome the $3k psychological level.Ripple’s XRP is also stagnant around the $2.18 resistance level but
The families of victims from Hamas’s October 7 have filed a new lawsuit against Binance’s Changpeng Zhao. They claimed the exchange intentionally funded the attack that saw the loss of many lives. Binance Hit With New Lawsuit Over ‘Terrorism Financing’ The New York Post reported
Ondo Finance has taken a notable step in reshaping the reserve strategy behind its flagship tokenized treasury product. This comes as on Monday, the RWA leader announced a $25 million strategic investment in Figure Technology Solutions’ yield-bearing stablecoin, $YLDS. The purchase will see YLDS added
Over the past 24 hours, the crypto market has seen a 1.33% rise, recovering from a 19.85% decline over the past month. This bounce results from technical factors, including oversold conditions and institutional moves that have countered ETF outflows. Major cryptocurrencies such as BTC, ETH,
Solana price surged 5% on Tuesday, November 25, climbing to $135, showing signs of recovery after a week of bearish sentiment. The cryptocurrency’s 24-hour trading volume reached $5.18 billion, marking a 17% increase. This price increase is amidst the positive movement that is driven by
The post Sports Industry Meets Web3 with Atleta Parachains. Grabs Attention of VC Bolts Capital appeared first on Coinpedia Fintech News Atleta is the world’s first blockchain that is designed for the modern sports industry. As the sports industry realizes the power and fanbase that resides
The post Metaplanet Secures $130M Bitcoin-Backed Loan Amid Crypto Market Slide appeared first on Coinpedia Fintech News Metaplanet just locked in a fresh $130 million loan using its massive Bitcoin reserves as collateral. The deal expands one of the largest corporate Bitcoin-backed financing plays to date, arriving
The post MetaPlanet Secures $130M Bitcoin-Backed Loan appeared first on Coinpedia Fintech News MetaPlanet has secured a $130 million loan using its Bitcoin holdings as collateral. With a credit facility limit of $500 million and $230 million already drawn, the company holds 30,823 BTC to cover collateral