Top Trump Security Aides Hold Private Camp David Meeting on Iran War, Houthi Response

President Donald Trump's top foreign-policy and national-security advisers held a private meeting at Camp David to discuss the war with Iran and possible responses to the conflict involving Saudi Arabia and Yemen's Houthi rebels. Axios reported on Oc

Canary Capital Seeks to List Spot PEPE ETF

U.S. asset manager Canary Capital is seeking to list a spot exchange-traded fund tied to the meme coin PEPE. A filing dated Oct. 2 shows Canary submitted an amended S-1 registration statement to the U.S. Securities and Exchange Commission for the Can

Blast to Shut Down as Profitability Worsens, Urges Asset Withdrawals by Oct. 26

Ethereum layer-2 network Blast said it will shut down after worsening profitability made operations unsustainable. The project urged users to move their assets to the Ethereum mainnet by Oct. 26. Blast said in an official X post on Oct. 2 that the co

From Factory Data to On-Chain Trading, Web3 Firms Seek Opportunities in South Korea

"South Korean Manufacturing Data Can Become an AI Training Asset" Lighter Targets Korean Market With Easier-to-Use Platform Global blockchain companies are eyeing South Korea's manufacturing data and crypto trading market as new business opportunitie

FOMO Adds Social Layer to Crypto Trading, Draws 2.7 Million Users in 17 Months

Interview with FOMO CEO Park Se-yong Sharing Not Just Trades, but the Reasons Behind Them Expanding Beyond Memecoins to Tokenized Stocks Targeting an IPO Instead of Issuing a Native Token Investors often arrive to buy a specific coin, complete the tr

U.S. Spot Bitcoin ETFs Post $134.47 Million in Net Inflows, Extending Streak to Seven Days

U.S. spot Bitcoin exchange-traded funds recorded net inflows for a seventh consecutive trading day. SoSoValue data showed the funds attracted a combined $134.47 million on Sept. 25. The products have posted net inflows in every trading session since

WSJ: Trump Rejects Iran’s ‘7-Day Ceasefire’ Proposal, Signals Airstrikes May Resume After Midterms

President Donald Trump has rejected Iran’s proposed "7-day ceasefire" and signaled that airstrikes against the country could resume after the November midterm elections, The Wall Street Journal reported. The Journal, citing U.S. officials, reported o

SEC Says Liquid Staking, Token Buybacks Are Generally Not Securities

The U.S. Securities and Exchange Commission said major crypto activities such as liquid staking tokens, token buybacks and network maintenance generally do not fall under securities laws. According to interpretive guidance released by the SEC’s Divis

'Crypto Mom' Hester Peirce to Step Down as SEC Commissioner

Hester Peirce, the US Securities and Exchange Commission commissioner known as “Crypto Mom” for her strong support of the US digital-asset industry, will formally step down next week. A resignation letter Peirce posted on X on September 25 said her t

Kakao Group Teams Up With Fireblocks to Build Digital-Asset Infrastructure Centered on Stablecoins

Kakao Pay and KakaoBank said on September 22 that they signed a memorandum of understanding with Fireblocks to build digital-asset infrastructure in South Korea. The three companies plan to jointly identify infrastructure demand and business opportun

Brazil Moves Ahead With DLT Pilot for Securities Tokenization

Brazil’s financial regulator is moving ahead with a pilot program for securities tokenization using distributed ledger technology, or DLT. It plans to test whether DLT can be applied across capital-markets functions, from issuance and trading to cust

Warren Buffett Steps Down as Berkshire Chairman; Son Howard Takes Over

Warren Buffett, the "Oracle of Omaha," has stepped down as chairman of Berkshire Hathaway after leading the company for more than 60 years. His eldest son, Howard Buffett, will become chairman, while Chief Executive Officer Greg Abel will run the com

Linera Halts Operations Amid Funding Shortfall After Raising $12 Million

Layer-1 blockchain project Linera is halting operations because of a funding shortfall. The project raised a total of $12 million from investors including a16z Crypto, Andreessen Horowitz's digital-asset investment arm, and Borderless Capital, but fa

Trump Signs Russia-Iran Sanctions Law, Allowing Up to 100% Tariffs on Top Importers of Russian Energy

President Donald Trump has signed a sweeping sanctions law targeting Russia and Iran. The measure allows tariffs of up to 100% on major importers of Russian oil and natural gas as part of an effort to squeeze Moscow's energy exports. The White House

Bitcoin Can Keep Rising Even if the Clarity Act Stalls; Rates, ETF Flows Are Key

Bitcoin gains 38% despite legislative setback Bitwise revises its prolonged-slump view ETF and futures infrastructure already in place Interest rates and institutional inflows are the key variables Bitcoin’s rebound is facing a test after the US Sena

Kakao to Add Stablecoin Functions to Wallet Used by 43 Million Users

Kakao Group said on Sept. 9 that it has developed technology enabling users to store and trade on-chain assets, including stablecoins, through the Kakao Pay wallet. The company aims to move early in the won-denominated stablecoin distribution market

This Week’s Key Economic and Crypto Events: US August CPI on Deck

<Major economic events this week> All times in parentheses are in Korea Standard Time. ▶︎Sept. 7 (Mon.): △ US financial markets closed for Labor Day △ Euro-area second-quarter gross domestic product (GDP, 6 p.m.) ▶︎Sept. 8 (Tue.): △ South Korea secon

Rushing to Deploy Foreign AI Could Leave Korean Manufacturers Dependent on Big Tech

Relying solely on imported artificial intelligence for factories will not be enough to preserve the competitiveness of South Korea’s manufacturing sector, according to a new assessment. With global technology companies bundling semiconductors, cloud

Blockchain Industry Needs Sustainable Revenue Models, Not Just Lower Fees

The cryptocurrency industry needs to move beyond competing to lower transaction fees and instead build sustainable revenue models, according to a view from within the sector. The argument is that blockchain companies need business structures that can

Bitcoin Correlation With Gold Hits Highest Since 2020, Surpassing Nasdaq Link

Bitcoin and gold are moving more closely together than at any time in about six years. At the same time, Bitcoin’s correlation with the tech-heavy Nasdaq 100 Index has dropped to its lowest level in a year. The shift suggests investors are increasing

Zcash Tops $1,000 for First Time as Grayscale ETF Inflows Spur Rally

Zcash rose above $1,000 for the first time, driven by accelerating inflows after the launch of Grayscale’s Zcash exchange-traded fund and a fresh influx of computing power into the mining network. On Sept. 4, Zcash climbed as high as $1,086 intraday

U.S. Spot Bitcoin ETFs Draw $1.01 Billion Over Three Straight Days of Inflows

U.S. spot Bitcoin exchange-traded funds posted net inflows for a third straight trading day. Daily inflows slowed from the previous session, but more than $1 billion entered the funds over the three-day stretch, underscoring continued investor demand

Anthropic Delays IPO Timeline, Eyes Mid-October Offering Launch

Anthropic, the developer of the generative artificial intelligence model Claude, has pushed back its initial public offering timeline. The company now plans to release its prospectus in late September, later than the as-early-as-next-week timetable p

Anthropic to Publicly File for IPO Next Week, Targeting $2 Trillion Valuation

Could debut on the New York Stock Exchange as early as late September IPO to test investor appetite for AI Anthropic, the developer of the generative artificial intelligence model Claude, plans to publicly file for an initial public offering as early

US Spot-Bitcoin ETFs See $201.81 Million Outflow, Ending 9-Day Inflow Streak

US spot-Bitcoin exchange-traded funds posted net outflows for the first time in 10 trading days, with more than $200 million leaving the products. The reversal came as Bitcoin slid into the $77,000 range on concerns the Federal Reserve could raise in

Fogo Foundation Breach Sends 400 Million FOGO Tokens to Attacker

A security breach at the Fogo Foundation, which supports the layer-1 blockchain Fogo, resulted in the loss of 400 million FOGO tokens. FOGO fell about 20% after the breach was disclosed. In a post on its official X account on Aug. 28, the foundation

Crypto Market Adds $430 Billion in Six Days as XRP Soars 48%

The global cryptocurrency market has added more than $430 billion in value in less than a week. Bitcoin reclaimed the $80,000 level, and buying spread to major tokens including Ether, Solana and XRP, fueling the steepest rally in months. CoinGecko da

Iran Says It Will Reopen Strait of Hormuz if US Honors June MOU, Agrees Route With Oman

Iran has agreed with Oman on a shipping route through the Strait of Hormuz and said it would reopen the waterway if the US fulfills commitments under the Islamabad memorandum of understanding signed in June. Anadolu Agency reported on August 28 that

Bybit to Launch Options on SpaceX, Nvidia Stock Perpetual Futures

Crypto exchange Bybit is launching a new options product tied to stock perpetual futures, marking the first options contracts based on stock perpetual futures as the underlying asset. The Block reported on Aug. 28 that Bybit will start offering optio

US Spot-Bitcoin ETFs Extend Net Inflow Streak to Five Sessions

US spot-Bitcoin exchange-traded funds posted net inflows for a fifth straight trading session. Data from SoSoValue showed the 13 US-listed spot-Bitcoin ETFs took in a combined $307.45 million in net inflows on Aug. 21. The funds have recorded net inf