OKX Ventures acquires major Coinone stake
OKX Ventures has agreed to acquire a 19.6% stake in South Korean cryptocurrency exchange Coinone through an investment valued at KRW 80 billion ($53 million).
OKX Ventures has agreed to acquire a 19.6% stake in South Korean cryptocurrency exchange Coinone through an investment valued at KRW 80 billion ($53 million).
Ripple chief executive Brad Garlinghouse said President Donald Trump's recent support for a “future-proof” digital asset framework signals a major shift in US crypto policy.
A new report from Quantus warned that the cryptocurrency industry is not moving quickly enough to prepare for quantum computers that could eventually compromise the cryptographic systems securing more than $2 trillion in digital assets.
Sui Network resumed normal operations after a network outage lasting nearly six hours that temporarily halted transaction processing across its mainnet.
Bit Digital's first Ether purchase since October has fallen into the red after the company bought $20 million worth of ETH shortly before a sharp market decline.
Bitcoin's largest holders have largely stopped accumulating the cryptocurrency, with CryptoQuant reporting a deterioration in demand across key investor groups that has historically signalled sustained price weakness.
Paxos said it has become the first blockchain-native company to receive registration from the US Securities and Exchange Commission as a clearing agency.
US President Donald Trump said the Digital Asset Market Clarity Act would help create a “future-proof digital asset market structure” and prevent future administrations from reversing crypto-friendly policies.
The Bank for International Settlements said its Project Agorá prototype successfully demonstrated wholesale cross-border payments settling within seconds using tokenised central bank reserves and commercial bank deposits.
Aave Labs’ Push has secured cryptoasset registration from the UK Financial Conduct Authority, enabling it to conduct certain regulated activities and advance its stablecoin infrastructure plans.
Recent criticism of decentralised finance has intensified following a $20 billion decline in total value locked and more than $1 billion in losses from high-profile exploits, but industry advocates argue the sector remains fundamentally strong.
UniCredit has warned that Europe could face difficulties containing a future crypto-related banking crisis because its financial safety mechanisms are more limited than those used by US regulators during the 2023 banking turmoil.