South Korean digital bank KakaoBank hopes to cement its place in the stablecoin market and is reportedly reviewing various entry strategies, including a potential won-pegged stablecoin. Local media outlet reports say KakaoBank’s chief financial officer, Kwon Tae-hoon, has confirmed that…
Cryptocurrency News
Coinbase to charge 0.1% fee for USDC to US dollar swaps over $5M [cointelegraph]
Coinbase will soon lower the fee-free benefit of USDC to US dollar conversions to $5 million as the exchange has missed revenue expectations for two quarters running.
Coinbase to levy 0.1% fee for USDC to US dollar swaps over $5M [cointelegraph]
Coinbase will soon lower the fee-free benefit of USDC to US dollar conversions to $5 million as the exchange has missed revenue expectations for two quarters running.
ETH holds $3.6K as Ethereum daily transactions near all-time high [btcmanager]
Ethereum was trading at $3,658 at press time, posting a 2.2% gain over the last 24 hours as on-chain metrics show a surge in transaction activity. The price remains 30% higher than it was a month ago, even though it…
Crypto trader bot scam on YouTube looted 256 ETH: SentinelLABS [cointelegraph]
Aged YouTube accounts with a history of posting crypto news and investing tips have been taken over by bad actors to advertise a scam trading bot that steals crypto.
Bitcoin, Ether, XRP price bump pushes market sentiment to ‘Greed’ [cointelegraph]
Crypto analysts echoed the positive sentiment around Bitcoin, with some speculating it could jump to $125,000 in the near term.
Orca DAO proposes Solana staking and ORCA buybacks [btcmanager]
Orca DAO has introduced a new treasury proposal designed to strengthen the Orca protocol through Solana staking and long-term token buybacks. The proposal was posted to the Orca (ORCA) governance forum on Aug 6. The DAO’s Governance Council would have…
Orca DAO proposes Solana staking and ORCA buybacks [btcmanager]
Orca DAO has introduced a new treasury proposal designed to strengthen the Orca protocol through Solana staking and long-term token buybacks. The proposal was posted to the Orca (ORCA) governance forum on Aug 6. The DAO’s Governance Council would have…
Babylon unveils trustless BTC vaults for DeFi and staking [btcmanager]
Babylon Labs has introduced a breakthrough in decentralized finance with the launch of trustless Bitcoin vaults. Announced via an Aug. 6 post on X, these vaults allow native Bitcoin (BTC) to be used in decentralized finance applications, such as lending,…
HashFlare founders want no more jail time as US asks for 10 years [cointelegraph]
Sergei Potapenko and Ivan Turõgin asked a court for time served after admitting to wire fraud, but US prosecutors want them imprisoned for 10 years for their “classic Ponzi scheme.”