South Korean fintech unicorn Toss plans to launch a finance superapp in Australia this year, its first overseas expansion, while also preparing to issue a Korean won-based stablecoin once regulations allow. According to a Tuesday Reuters report, Toss CEO Lee Seung-gun said that the firm plans to launch its superapp in Australia this year and
Charlotte, NC – September 9, 2025 – FG Nexus Inc. (Nasdaq: FGNX, FGNXP) (the “Company”), today announced that its Board of Directors has approved a Share repurchase program to acquire up to $200 million of the Company’s outstanding common stock (the “Share Repurchase Program”). The Stock Repurchase Program, which is open-ended, allows the Company to
The trend of exposure reduction by major Bitcoin network players continues to deepen even as Bitcoin awaits its next major move. According to Capriole Investments founder Charles Edwards, Bitcoin miners are “puking” Bitcoin at a rate not seen since the cryptocurrency traded at $19,000. This trend of Bitcoin liquidation typically happens for one of two
Since August 25, Bitcoin has been wrestling with resistance near the $112,000 level. It has encountered repeated sell-offs whenever it attempts to break and stabilize above the threshold. However, despite these struggles, confidence among some investors remains intact. Instead of retreating, these holders have continued to accumulate BTC, strengthening optimism about the asset’s near-term recovery.
On Sept. 9, 2025, bitcoin is trading at $112,569 with a market capitalization of $2.24 trillion and a 24-hour trading volume of $39.50 billion. The intraday price has fluctuated between $111,200 and $113,226, suggesting a tight range amidst cautious bullish sentiment. Bitcoin The 1-hour chart for bitcoin shows signs of short-term consolidation following a peak
US President Donald Trump recently penalized India by imposing a 50% tariff on goods imported from the Asian country. Trump took this harsh stance following allegations that India purchased oil from Russia, indirectly funding the war against Ukraine. That move appears to be shaking the foundations of the Indian economy, including the IT sector, considering
Bitcoin, which reached a new high of over $124,000 in mid-August, has been on a downward trend since then. While some analysts say this could signal the start of a bear market, others argue that it is a healthy correction occurring during the bull phase. The latest updated analysis on this subject came from CryptoQuant
Plasma, a forthcoming layer-1 blockchain built for stablecoins, has made three new senior hires, Blockworks has learned exclusively. The startup brought in Murat Firat as head of product, Adam Jacobs as head of global payments, and Usmann Khan as head of protocol security. These senior level hires come shortly after the Peter Thiel-backed project held
Get ready for some exciting news from the world of corporate finance and cryptocurrency! Convano, a prominent Japanese nail salon operator, is making headlines with its ambitious plans. The company has announced a substantial Convano Bitcoin purchase, signaling a bold move into digital assets. This development highlights a growing trend of traditional businesses embracing Bitcoin.
BNP Paribas and HSBC have joined the Canton Network, a permissioned and privacy-centric blockchain popular with banks and large financial institutions. Their addition comes after Goldman Sachs, Hong Kong FMI Services and Moody’s Ratings joined in March. The Canton Network hosts more than $3.6 trillion in tokenized assets, according to the foundation. It functions as
