A groundbreaking development is stirring in South Korea’s financial sector, signaling a potentially massive shift towards digital assets. NH Nonghyup Card, a prominent financial institution, has taken a significant step by filing for 12 trademarks related to a Korean won stablecoin. This bold move, initially reported by News1, includes the notable name NHCardKRW, indicating a
The world of finance is witnessing an exciting shift as more traditional institutions embrace digital assets. This trend is powerfully highlighted by the latest news: French investment firm Melanion Capital is making a significant move into the cryptocurrency space. They have announced ambitious plans to raise €50 million, equivalent to about $58.72 million, specifically for
RedotPay, a Hong Kong-based payments fintech, said it raised $47 million in strategic investment, bringing in Coinbase Ventures as a new backer in a round that lifted its valuation above $1 billion, giving it so-called unicorn status. The round included contributions from existing investors Galaxy Ventures and Vertex Ventures, the company said in a Thursday
Crypto intelligence platform Nansen is rolling out an artificial intelligence agent designed to make onchain cryptocurrency trading more intuitive, in a move it says could shift more value back to public blockchains such as Ethereum. The company announced Thursday that it is launching Nansen AI, a mobile agent that uses natural conversation instead of trading
Australian fitness equipment maker Fitell fell 21% on Wednesday after announcing it bought more than 46,000 Solana for around $10 million. The Nasdaq-listed company closed Wednesday’s trading session at $6.65, only making a mere increase of 0.15% and closed the after-hours session at $6.66, according to Google Finance. Shares of Fitell dropped to $6.65 at
M2 Capital Limited, the investment arm of UAE-based M2 Holdings, has invested $20 million in Ethena’s governance token, ENA. The move underscores a push to connect Middle Eastern investors with new digital asset infrastructure at a time when the region is seeking a larger role in global finance. Ethena is best known for its crypto-native
Nine major european banks have joined forces to launch a euro-denominated stablecoin regulated under the trading block’s Markets in Crypto Assets regime (MiCA). The banking giants involved are: ING, Banca Sella, KBC, Danske Bank, DekaBank, UniCredit, SEB, CaixaBank and Raiffeisen Bank International. Earlier this year, CoinDesk reported that Dutch bank ING was working on a
A government shutdown is on the agenda in the US, effective midnight on September 30, if Congress and the White House fail to reach an agreement on the federal budget. That possibility puts the economy under new pressure eight months into President Donald Trump’s second term. The Trump administration’s tariffs imposed as part of its
Bitcoin is stuck in a macro tug of war as the U.S. dollar strengthens following the U.S. Federal Reserve’s measured dovishness, with gold settling lower after Wednesday’s record high. The conflicting signals have left the crypto trading in a tight range, lagging the record-breaking momentum in equity markets and gold. The Fed’s quarter-point “insurance cut”
The SEC has officially approved the Hashdex Nasdaq Crypto Index US ETF to operate under new generic listing standards, giving it the greenlight to add XRP, SOL, and XLM to its existing portfolio of BTC and ETH. The ETF, listed as NASDAQ:NCIQ, made the change last Thursday after updating its trust structure to meet the