Binance, the worlds largest cryptocurrency exchange, has completed its acquisition of South Korean trading platform Gopax, signaling the companys official return to the Korean market after a four-year hiatus. According to an exclusive report by Maeil Business Newspaper on October 16, South Koreas Financial Intelligence Unit (FIU), under the Financial Services Commission, approved Binances change-of-major-shareholder filing late Wednesday. The green light follows the conclusion of Binances legal battles with U.S. authorities and the FIUs determination that Gopaxs revised business plan met...

Cryptos recent Black Friday crash erased over $19 billion in positions, marking the biggest stress test since FTX. While Binance faced outages and refunded users, decentralized exchange (DEX) Hyperliquid proved its strength, processing $10 billion in liquidations with 100% uptime. The event underscored a defining shift in crypto: the growing cost of centralization and the rising trust in transparent, on-chain systems. According to Bloomberg, blockchains passed the stress test, with DeFi platforms like Hyperliquid, Uniswap, and Aave staying fully operational as centralized venues stumbled....

French banking giant ODDO BHF has introduced EUROD, a euro-backed stablecoin that serves as a regulated digital version of the euro under the EUs Markets in Crypto-Assets (MiCA) framework. The move underscores how traditional banks are entering the blockchain finance space as digital assets gain regulatory clarity in Europe. ODDO BHF, a 175-year-old lender managing over 150 billion, partnered with Fireblocks for custody and settlements and issued EUROD on the Polygon network to enable fast, low-cost transactions. The stablecoin is fully backed by euro reserves and undergoes external audits to...

Paxos, the issuer behind PayPals PYUSD stablecoin, accidentally minted an astonishing $300 trillion in PYUSD tokensfar surpassing the total global money supply. The firm swiftly corrected the blunder, burning the excess tokens and minting a far smaller $300 million shortly afterward. Paxos attributed the mistake to user error, likely a fat finger typo, and confirmed that no malicious activity occurred. While the immediate damage was contained, the event has reignited debates about the stability and transparency of the broader stablecoin market. The incident exposed a glaring flaw: most...

New York The air over Brooklyn carried that unmistakable crispness of early autumn cool, alive, and charged with anticipation. From the moment the doors opened, the hum of conversation and the glow of screens filled the hall. Developers, investors, and visionaries from around the world had gathered for one reason: to witness how far blockchain has come and where its heading next. For two days, Aptos Experience 2025 would turn New York into the epicenter of real-world Web3 innovation. And on opening day, that promise came vividly to life. A Morning of Vision Aptos Goes...

Zcash (ZEC) has emerged as one of the top-performing cryptocurrencies, soaring 109% amid improving market conditions. The privacy-centric digital asset has shown a remarkable shift, decoupling from Bitcoin (BTC) and charting its own course in the crypto market. Recent data shows Zcashs correlation with Bitcoin has plunged to just 0.02 signaling near-total independence from the dominant cryptocurrency. This rare divergence means ZECs price movements are now driven more by internal dynamics and investor sentiment than by Bitcoins usual influence. If this correlation were to turn negative,...

Bitdeer Technologies (NASDAQ: BTDR) surged nearly 30% to an all-time high of $27, extending a two-day rally fueled by record mining output and ambitious AI data-center plans. The crypto mining firms rapid rise coincides with Bitcoins steady price near $110,000, which has strengthened investor confidence across the mining sector. The combined market capitalization of listed miners has now surpassed $90 billion, more than double Augusts level. Bitdeer mined 452 BTC in September, up 20.5% from August, as its self-mining hashrate reached 35 EH/s, with a goal of 40 EH/s by late October. The...

Ethereum (ETH) continues its steady recovery, buoyed by renewed optimism across the cryptocurrency market. The worlds second-largest crypto asset is trading near multi-month highs, with bulls eyeing the psychological $5,000 level. However, weak accumulation among investors could limit Ethereums upward momentum in the near term. According to on-chain data, Ethereums Holder Accumulation Ratio currently stands at around 30%, notably below the 50% mark that typically indicates strong investor accumulation. Historically, ETHs ratio tends to range between 40% and 45% during healthy uptrends,...

Pi Coin has regained market attention as its ecosystem expands into decentralized finance (DeFi), signaling potential for renewed growth. Currently trading around $0.213, the PI/USD pair hovers just below key resistance at $0.228. A breakout above this level could pave the way toward $0.28, while a failure to close higher may trigger a short-term pullback to $0.208. Technical indicators show early signs of recovery. The MACD line recently crossed above the signal line, confirming growing bullish momentum and signaling a potential reversal. If buyers maintain control and push past resistance,...

Bitcoin (BTC) is showing remarkable stability near the $111,000 level, even as it lags its typical October performance. While gold and silver hit new record highs and U.S. stocks extend gains, Bitcoin slipped 1.2% in the past 24 hours to around $111,500, underperforming traditional assets. The broader crypto market also saw mild pullbacks, with ether (ETH) and XRP down 3%, while solana (SOL) and dogecoin (DOGE) each dropped about 2%. Despite this muted price action, several analysts remain bullish on Bitcoins outlook. At the Digital Asset Summit in London, Quinn Thompson, CIO of Lekker...