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BDACS brings KRW stablecoin KRW1 to Polygon
Latest DeFi News
News
Bitcoin has joined Woori Bank’s main Seoul trading room dashboard, displayed alongside FX and stock indicators as Korea tightens crypto rules and eyes bank-led stablecoins. Woori Bank has begun displaying Bitcoin prices in its main trading room in Seoul, marking…
News
KRW1, a KRW-backed stablecoin from BDACS, has launched on Polygon with real-time bank-linked proof-of-reserves, targeting payments, remittances, and institutional use. BDACS has launched its KRW-backed stablecoin KRW1 on the Polygon network, the company announced, following a proof-of-concept that confirmed stable…
News
After Trump’s pardon, Binance founder CZ calls the US an “emerging land for Binance” and vows to help make America the global hub for crypto innovation. Changpeng Zhao, founder of cryptocurrency exchange Binance, announced plans to help establish the United…
Markets
Bitcoin price now resembles early‑2022 sideways market, with rising supply in loss and shrinking long‑term holder profits, Glassnode says. On-chain analytics firm Glassnode has identified similarities between current Bitcoin price market conditions and the market structure observed during the first…
Markets
American Bitcoin price (American Bitcoin Corp, NASDAQ) has spent the last 24 hours grinding higher in a volatile post-crash bounce, trading in a wide intraday range but ultimately sitting roughly mid-range after yesterday’s lock-up‑driven wipeout. Traders watched American Bitcoin price…
News
1&1 deal to acquire Versatel for €1.3b consolidates German fixed-line and mobile infrastructure, tightening its grip on fiber backhaul and B2B connectivity. German telecommunications operator 1&1 has agreed to acquire Versatel for €1.3 billion, the company announced Thursday, in a…
News
A senior Kremlin adviser wants Russia’s crypto mining classified as an export, arguing tens of thousands of Bitcoins and import payments must be reflected in trade data. A senior Kremlin official has proposed treating cryptocurrency mining as a form of…
News
Ex-Citadel employees raised $17M for Fin, a stablecoin-based app offering instant, large-value cross-border transfers, positioning it as a user-friendly challenger to big banks. Former Citadel employees Ian Krotinsky and Aashiq Dheeraj have raised $17 million in funding for Fin, a…
News
A 21-year-old Ukrainian student in Vienna was beaten, forced to reveal crypto wallet passwords, then burned in his car, amid a global surge in violent “wrench attacks.” A 21-year-old Ukrainian student was killed in Vienna after attackers forced him to…
News
Brad Garlinghouse says Bitcoin could reach $180,000 by end-2026, citing U.S. regulatory clarity, institutional capital from giants like BlackRock, and real-world crypto adoption. Ripple CEO Brad Garlinghouse predicted Bitcoin (BTC) could reach $180,000 by the end of 2026, citing anticipated…
News
Connecticut orders Kalshi, Robinhood, and Crypto.com to halt sports event contracts, classifying them as illegal online gambling despite firms’ claims of CFTC oversight. Connecticut’s Department of Consumer Protection has issued cease-and-desist orders to Kalshi, Robinhood, and Crypto.com, requiring the companies…
News
Brian Armstrong and Larry Fink debate Bitcoin, tokenization, regulation and AI, sketching a crypto‑infused, tech‑driven future for global finance. Brian Armstrong and Larry Fink use the DealBook Summit stage to sketch a future where Bitcoin, stablecoins, and tokenization sit inside—rather…
News
Chorus One and Bitget launch institutional-grade Monad staking for 120m users, locking $6m in a week and targeting secure crypto adoption in emerging markets. Chorus One has announced a partnership with cryptocurrency exchange Bitget to provide institutional-grade staking services for…
Markets
Zcash price has stabilized at a key 0.618 Fib support, with Altcoin Sherpa eyeing a relief rally if buyers hold the level and volume confirms demand. Zcash price has stabilized following a sharp decline in early December, with the cryptocurrency…
News
Citadel urges SEC to regulate DeFi like TradFi, prompting Hayden Adams to accuse the firm of attacking open, peer-to-peer finance. Uniswap founder Hayden Adams has publicly criticized Citadel Securities following the market maker’s submission to the U.S. Securities and Exchange…
Opinion
DeFi’s future isn’t in emissions — it’s in real yield backed by real production. That’s where the next cycle is headed.
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