Jeonbuk Bank has begun making won loans to corporate borrowers against Bitcoin held by a specialist custodian. A drop in $BTC does not put coins on the bank’s own balance sheet. It does, however, test the lender’s valuation, collateral monitoring and ability to recover cash through a court supervised sale. The initial report from Edaily
The Financial Stability Board (FSB), a global financial watchdog, has outlined financial stability risks associated with artificial intelligence and regulatory concerns surrounding stablecoins. In a letter published Monday, FSB Chair Andrew Bailey warned that cross-border mechanisms for stablecoin oversight and crisis management “remain immature or are not yet developed.” In its 2025 review, the FSB
South Korea’s Jeonbuk Bank, a subsidiary of JB Financial Group, reportedly started issuing Bitcoin-backed loans to its corporate customers. Local outlet EDaily reported Monday that Jeonbuk Bank became the country’s first commercial bank to accept Bitcoin ($BTC) as collateral for won-denominated lending. The bank is reportedly limiting the service to businesses seeking operational capital, while
Solana is transitioning to an era of producing five blocks per second, reducing the target block time on the network to 200 milliseconds; however, this speed increase will also raise the workload for validators. The Solana network has reached the final stage of a seven-week update process aimed at improving network performance. The update, codenamed
xStocks has emerged as a leader in the tokenized stock market, recording a remarkable growth of $76.8 million over the last seven days. This surge comes at a time when interest in tokenized assets is gaining momentum. According to a report by Token Terminal, the top two issuers, xStocks and Binance bStocks, collectively added $144.9
Bitcoin BTC$84,048.79 is back above $84,000, shrugging off big ETF outflows last week as oil prices slip. As of this writing, the leading cryptocurrency by market value traded near $84,050, according to CoinDesk, after slipping to around $83,500 earlier Monday. That is close to Sunday’s high of around $84,145. Other major currencies such as ether
Willy Woo’s post referenced estimates attributed to Opus 5.5, which assigned a 0.5% probability to quantum computing breaking Bitcoin’s signatures within two years and a 0.8% probability to classical mathematics or AI achieving the same outcome. While those figures appear relatively modest, the potential consequences of such a breakthrough make the question particularly interesting, especially
Optimism is expanding its role as the operator of Ethereum-based chains for other brands. Unichain, Uniswap Labs’ Ethereum layer-2 chain, plans to transfer its production sequencing, public node access, monitoring and incident response to Optimism under its October 9 migration announcement. The planned testnet move on Oct. 13 and mainnet move on Oct. 29 extend
Lightning Development Kit (LDK), a library for building Bitcoin Lightning wallets and payment applications, has patched a flaw that could let a malicious channel peer steal the value of a forwarded payment by lying after reconnecting. Affected application developers need to incorporate the fix into the software they deploy. The October 1-dated v0.2.7 and v0.1.13
Bitcoin’s price is knocking on the door of $84,000, but the technical picture suggests the bulls haven’t quite found the key. Trading at $83,771.70, the leading cryptocurrency has advanced 0.9% over the past 24 hours, with its $1.683 trillion market capitalization reflecting a market that has recovered some ground without establishing a convincing breakout. The