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South Korean parties pledge support for crypto ahead of election while experts remain skeptical

South Korean parties pledge support for crypto ahead of election while experts remain skeptical

South Korea’s ruling and opposing parties are promising citizens that they will legislate new commitments that boost the local crypto economy.

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Solana Meme Coin Generator Pump on Track for $66M Yearly Revenue

The tool has made over $5 million since going live in early March, with thousands of tokens issued daily.

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Bitcoin Could Slump Around Reward Halving Time, Arthur Hayes Says

The crypto market faces the U.S. tax season liquidity test around the time Bitcoin’s blockchain implements the fourth mining-reward halving on April 20.

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Binance CEO says exchange is weighing up a few jurisdictions for selecting its headquarters

Binance CEO Richard Teng said the exchange is speaking to a few jurisdictions that are under consideration for its headquarters.

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Filecoin liquid staking platform STFIL claims team members under investigation by Chinese police

Filecoin tokens on the platform has been moved to an unknown external address, the STFIL team said on X.

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BCB Group Moves Custody of Digital Asset Operations to Metaco’s Platform

The move will allow the crypto payments firm to consolidate its custody technology.

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GBTC outflows overpower spot bitcoin ETF inflows

Spot bitcoin exchange-traded funds in the United States experienced net outflows yesterday after four straight days of inflows.

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MakerDAO raises debt ceiling to $1 billion for Dai allocations in Ethena’s stablecoin markets on Morpho

This allocation aims to broaden MakerDAO’s collateral exposure by incorporating Ethena’s USDe into its ecosystem via Morpho.

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South Korea’s April 10 Election: What’s at Stake for the Crypto Universe

On April 10, 2024, South Korea is heading into its legislative polls which will see multiple parties and coalitions battle it out for 300 seats in the national assembly and political analysts say it will be difficult for either party to get a majority, making any group of voters, including crypto enthusiasts, significant.

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US Treasury official calls on Congress for ‘necessary tools’ to fight crypto-linked illicit finance

Treasury Deputy Secretary Adewale Adeyemo said that the use of crypto by bad actors will only grow without necessary authoritative tools.

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