BDACS has selected LayerZero’s Omnichain Fungible Token standard for its KRW1 stablecoin, giving the won-backed asset a unified cross-chain system as the company seeks to expand its use outside South Korea. LayerZero said BDACS, South Korea’s largest digital asset custodian by assets under custody, chose its OFT standard after reviewing options for making KRW1 natively
Blockchain network Harmony Protocol has taken the decision to wind down, worried that “threats posed by state actors and AI agents are too great.” Harmony informed users on Sunday via X that the project, launched in 2019, would migrate to Ethereum, where it hoped its $ONE token would be safer. However, the prevalence of hacks
A top analyst at Shinhan Investment & Securities has reportedly asked Korean investors to rethink the old 60/40 stock-and-bond split. Park Woo-yeol, a senior analyst, now recommends a 60% stocks, 30% bonds, 8% gold, and 2% bitcoin portfolio, saying the standard 60/40 stock-and-bond portfolio has stopped doing its job. What changes should Korean investors make
Bitcoin is now trading at $78,251, down 1.5%, as the market pulls back from recent highs. While CryptoQuant data shows that short-term Bitcoin whales are sitting on an unrealized gain of $9.07 billion. With $BTC now near $78,000, the key question is whether these large unrealized gains turn into selling pressure. Is there enough spot
Robinhood Chain has continued to gain traction, consistently hitting major levels in key onchain metrics as the blockchain continues to see rapid adoption. While momentum on the Robinhood Chain is still building, the latest data from Token Terminal shows a significant surge in Ethereum activity on the network. Over $700 million of $ETH bridged Amid
CEA Industries (Nasdaq: BNC) saw a pre-market surge that ran over 80% early US hours on Tuesday, September 8, riding on the momentum that started when $BNB Chain-backed launchpad, Four.meme debuted BNC4 as the first token under its 4Stock product rollout. As of this Cryptopolitan report, BNC has cooled down to $5.57 per Google Finance,
The Robinhood stock price has soared more than 3% in pre-market trading hours today, with analysts remaining bullish on further upside. Notably, Wall Street analysts like Goldman Sachs and Jefferies have recently lifted their price targets for HOOD stock, highlighting the strong business momentum of the online brokerage firm.
Trading platform Robinhood’s blockchain network is expected to generate as much as $160 million in annual fees by 2028, Bernstein analysts forecast in a Tuesday report shared with Cointelegraph. The analysts cited growing demand for tokenized stock trading on the network, which grew to account for about 27% of the chain’s total trading volume, while
Bitcoin is trading near $78,000 after failing to hold above the $82,500 resistance zone, leaving $83,000 as the level analyst Crypto Patel says must be reclaimed to change its bearish higher-timeframe structure. A rejection could put $68,000, $62,000, and eventually $50,000 back on the table, although Patel also sees a path toward $300,000 if Bitcoin’s