Korbit, the South Korean crypto exchange in talks to be bought by Mirae Asset, was fined 2.73 billion won ($1.9 million) by the country’s regulator for multiple anti money-laundering and customer verification breaches. The Financial Intelligence Unit said the exchange violated key provisions of the country’s Special Financial Transactions Act, including lapses in customer due-diligence…
Investment bank KBW upgraded TeraWulf (WULF) to “outperform” from “market perform” while raising its price target to $24 from $9.50. The bank said the market is underestimating the earnings upside from the company’s shift away from bitcoin BTC$87,613.81 mining toward AI and high-performance computing (HPC) leasing. “We think investors underappreciate the magnitude of the BTC…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2726.41, up 0.7% (+18.35) since 4 p.m. ET on Tuesday. Ten of 20 assets are trading higher. Leaders: SOL (+1.4%) and CRO (+1.4%). Laggards: XLM (-1.3%) and APT (-1.0%)….
Onchain data from Bubblemaps revealed that roughly $250 million was withdrawn from decentralized perpetual exchange Lighter after it airdropped $675 million worth of LIT on Tuesday. In an X post, Bubblemaps questioned whether “all the (yield) farmers were leaving?” It also noted that Lighter users withdrew roughly $201.9 million worth of tokens on the Ethereum…
Builders on Base are pushing back against the network’s close alignment with Zora, arguing the creator-coin narrative sidelines established projects. Source link
2025 was a big year for privacy onchain. Zcash, one of the original privacy coins, jumped more than 600%, and was one of the year’s biggest success stories. Ethereum and Solana announced major initiatives to bring privacy to their networks. And startups building privacy-preserving tech with zero-knowledge (ZK) proofs and fully homomorphic encryption (FHE) continued…
Trump Media and Technology Group (DJT), the company behind Truth Social, said Wednesday it plans to distribute a new digital token to shareholders through a deal with Crypto.com. The token will be issued using Crypto.com’s Cronos blockchain. Trump Media said in a press release that once the program launches, each shareholder would receive one token…
APT$1.6948 fell 2.4% to $1.69 on below-average volume, significantly underperforming the broader crypto market. The broader market gauge, the CoinDesk 20 index (CD20), was 0.5% higher at publication time. This relative weakness against major cryptocurrencies signals selective investor caution toward APT, according to CoinDesk Research’s technical analysis model. The model showed that the token declined…
Bitcoin’s BTC$88,820.30 bull run in 2025 was expected to be historic, with some industry experts suggesting the largest cryptocurrency would reach highs of $180,000-$200,000 by year-end. Historic it was. Just not the way anyone thought. It’s true that bitcoin punched to an all-time high earlier than most models projected, rising to over $126,200 on Oct….
Crypto asset manager Bitwise filed with the U.S. Securities and Exchange Commission to introduce 11 crypto “strategy” exchange-traded funds (ETFs) including aave AAVE$149.32, uniswap UNI$5.9037, zcash ZEC$524.89, SUI$1.4473 and TAO$222.94. The Tuesday N-1A filing details an approach that includes investing up to 60% of a fund’s assets directly in the underlying token, with the remainder…
