TokenPost reporter
Sonny Kwon
Stories by Sonny Kwon
- Thumzup, KULR Add Bitcoin to Treasuries as Corporate Adoption Grows
Two publicly traded companies announced substantial Bitcoin acquisitions this week, as more firms adopt a treasury strategy inspired by MicroStrategy's crypto investment model. Los Angeles-based social media marketing…
· Business
- Polymarket Sparks Debate as Bets Roll in on Palisades Fire Containment Amid California Wildfires
Polymarket, a decentralized prediction market platform, is currently facilitating wagers on the progression of the Palisades Fire in California. As of Wednesday afternoon, the platform featured nine active fire-relate…
· Regulation
- Starknet Introduces SN Stack, Empowering Developers to Build Custom Blockchains
Starknet, a leading zero-knowledge (ZK) layer-2 scaling solution for Ethereum, has unveiled the Starknet Stack (SN Stack), a new suite of tools designed to enable developers to create custom blockchains using Starknet…
· Technology
- Bitcoin Holds Steady Following Federal Reserve Minutes, Inflation Concerns Loom
Bitcoin and other major cryptocurrencies showed little movement on Wednesday following the release of the Federal Reserve’s December meeting minutes. The minutes hinted at persistent inflation concerns under the incom…
· Investing
- Ripple President Monica Long Highlights Complementary Role of XRP and RLUSD
Ripple President Monica Long emphasized the complementary roles of the blockchain-native asset XRP and Ripple’s newly launched stablecoin RippleUSD (RLUSD) during an interview with Bloomberg on January 7. Addressing c…
· Business
- Bitcoin ETFs See $1.1 Billion Inflows as BTC Breaks $100K for the First Time Since November
U.S. spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) recorded a combined $1.1 billion (₩1.45 trillion) in net inflows on Monday, January 7. The surge in institutional investments pushed Bitcoin's pr…
· Investing
- Backpack Exchange Acquires FTX EU to Expand Crypto Derivatives Offerings in Europe
Dubai-based cryptocurrency trading platform Backpack Exchange has finalized the acquisition of FTX EU, the former European arm of the collapsed FTX exchange, for US$32.7 million. The deal is aimed at bolstering Backpa…
· Business
- Czech Central Bank Considers Bitcoin as Part of Reserve Diversification Strategy
Aleš Michl, the governor of the Czech National Bank (ČNB), has revealed that the central bank is considering Bitcoin as part of its reserve diversification strategy. However, he emphasized that there are no immediate …
· Regulation
- Crypto Market Liquidates $539 Million in a Day, Mostly Long Positions
The cryptocurrency market has faced significant turbulence over the past 24 hours, resulting in liquidations worth $539.1 million (₩784.1 billion). According to data from Coinglass as of 8:28 a.m. on January 8, approx…
· Investing
- Ripple CEO Meets Trump Over Dinner: "Strong Start to 2025"
Ripple CEO Brad Garlinghouse has revealed that he dined with U.S. President-elect Donald Trump and Ripple's Chief Legal Officer Stuart Alderoty, signaling optimism for 2025.
· People
- Strong U.S. Economic Data Shakes Crypto Market, Dampens Rate Cut Expectations for 2025
Stronger-than-expected U.S. employment and economic data have put downward pressure on the cryptocurrency market, with hopes for rate cuts in 2025 diminishing. Key economic indicators are sending mixed signals, rattli…
· Insights & Views
- Bitcoin in 2025: Key Trends, Predictions, and Investor Insights
Bitcoin's transformative journey in 2024 has set the stage for a pivotal year ahead, with institutional adoption, regulatory clarity, and technological innovation driving its evolution as a mainstream asset. As 2025 b…
· Insights & Views
- Crypto.com Partners with Dubai Islamic Bank to Expand Islamic Finance Integration in the UAE
Crypto.com has taken a significant step toward bridging the worlds of cryptocurrency and Islamic finance by signing a Memorandum of Understanding (MoU) with Dubai Islamic Bank (DIB), the UAE’s largest Islamic bank and…
· Business
- Meme Coins Take a Hit: Dogecoin Drops 10% Amid Market-Wide Decline
Dogecoin (DOGE), the original meme coin and one of the top 10 cryptocurrencies by market cap, saw its price plunge nearly 10% in the last 24 hours amid a broader cryptocurrency market downturn. The decline follows mix…
· Investing
- Mad Lads NFT Prices Surge Amid Backpack’s Acquisition of FTX Europe’s Exchange License
The floor price of Mad Lads, a prominent Solana-based NFT collection, soared 19% earlier Tuesday following news that its parent company, Backpack, had acquired the remnants of FTX Europe and its MiFID II exchange lice…
· Technology
- Musk Endorses Canada’s Pro-Bitcoin Politician Pierre Poilievre Amid Political Shakeups
Tech mogul Elon Musk expressed admiration for Canada’s Conservative leader and pro-Bitcoin advocate, Pierre Poilievre, early Tuesday, in a social media post that has sparked discussions about global politics and crypt…
· Business
- [Interview] Nodit: Pioneering the Future of Blockchain Data Infrastructure with Clair and Web3 Innovation
Q. Could you briefly introduce Nodit and your team? Nodit is a blockchain-focused Web3 development platform that provides enterprise-grade infrastructure for building decentralized applications (dApps). Our services i…
· Insights & Views
- Nodit Partners with Kaia to Boost Developer Support on the Kaia Blockchain Network
In a strategic move to support the growth of Web3, Nodit, a prominent provider of Web3 infrastructure and data solutions, has announced a partnership with Kaia, a blockchain network aiming to expand its ecosystem. The…
· Business
- HashKey Capital and Decrypt Unveil Layer East Media to Unite APAC’s Top Web3 News Outlets
Global digital asset leader HashKey Capital and Web3 news outlet Decrypt today announced the formation of Layer East Media, a media network that unites leading Web3 publications across the Asia-Pacific (APAC) region. …
· Business
- Global Web3 Roadshow 'IXO™ 2024' Season 2 Concludes Successfully
The second event of the global Web3 roadshow 'IXO™ 2024' has concluded successfully.
· Business
- The 2nd Global Web3 Roadshow 'IXO™' Kicks Off Tomorrow in Seoul
The Global Web3 Roadshow ‘IXO™ 2024: Embrace the Future’ returns this month with an even more powerful lineup. The event will take place on July 9 and 10, from 10 AM to 6 PM at Boutique Monaco in Gangnam. This event i…
· Blockchain
- Exclusive: Average Wealth of South Korea's National Assembly Members Hits $2.5 Million, 22 Hold Cryptocurrencies
The average wealth of the newly elected members of South Korea's 22nd National Assembly stands at $2.5 million (3.33 billion won), according to a report released on Monday by the Citizens' Coalition for Economic Justi…
· Business
- SEC Requests Updates on Ethereum ETF Applications, Raising Approval Optimism
The U.S. Securities and Exchange Commission (SEC) has requested spot Ethereum ETF applicants to update their 19b-4 filings, sparking increased optimism about potential approvals, according to industry sources.
· Business
- Bitcoin Surges Past $70,000 Amid Market Rally and ETF Investment
Bitcoin (BTC) surged past the $70,000 mark on May 21, driven by a wave of investment into spot Bitcoin exchange-traded funds (ETFs) and a broader market rally. The cryptocurrency's price reached $70,325, marking a 6% …
· Business
- Anchorage Digital Introduces Native DYDX Staking for Institutional Clients
Institutional crypto platform Anchorage Digital has announced its support for native DYDX staking, allowing institutions to stake DYDX tokens from safe and secure custody at Anchorage Digital. Staking rewards will be …
· Business
- Oklahoma Enacts Law Protecting Cryptocurrency Rights
Oklahoma Governor Kevin Stitt has signed HB 3594 into law, establishing comprehensive protections for cryptocurrency-related activities in the state. The new legislation, approved on May 13 and set to take effect on N…
· Business
- Hong Kong Launches First Spot Bitcoin, Ethereum ETFs; SFC Approves
According to the predicted timetables, the Hong Kong Securities and Futures Commission (SFC) has approved the trading of spot Bitcoin ETFs and Ethereum ETFs in the region. This also makes Hong Kong the first jurisdict…
· Business
- IXO™ 2024: South Korea's Premier Blockchain Event Set to Revolutionize the Web3 Space
TokenPost, the largest blockchain media outlet in South Korea, is preparing to host 'IXO™ 2024', a significant event in the blockchain industry, anticipated to draw attention from worldwide blockchain projects, influe…
· Business
- Champions Crowned at 4th TADS Awards 2023: A Triumph for Tokenization
Hong Kong, Dec. 29, 2023 — The global stage for Tokenized Assets and Digitized Securities (TADS) witnessed a glittering celebration as the winners of the 4th Annual TADS Awards were unveiled. In a nod to exceptional c…
· Business
- 1xBit’s DRAGON’S TREASURE - Where Legends and Rewards Collide
In the heart of the mysterious East, 1xBit invites you to unravel the legend of DRAGON’S TREASURE - an exhilarating tournament set to mark the Chinese New Year. Dare to venture where dragons guard ancient riches, and …
· Business
- Web3 and P2E games: What to expect in the next crypto bull run
With the next crypto bull run on the horizon, the Web3 gaming sector is expected to experience a significant impact and further advancements. Web3 gaming refers to the ecosystem of blockchain-based video games that of…
· Business
- FIFA to Mint NFTs on Polygon Without Dropping Algorand; To Launch New Digital Collectibles
FIFA, or the Fédération Internationale de Football Association, is set to drop its newest non-fungible token collection. It will offer fans digital collectibles and tickets for the World Cup.
· Business
- WeMade to Set Up WEMIX Play Center in Dubai via Partnership with DIFC
Wemade Co., Ltd., a South Korean video game developer, secured a strategic partnership with the Dubai International Financial Centre Innovation Hub (DIFC). The company plans to build its WEMIX Play Center in Dubai wit…
· Business
- Bitcoin Price Expected to Correct with Spot Bitcoin ETF Approvals: Analysts
The price of Bitcoin (BTC) has been steadily gaining momentum over the past 11 months amidst banking uncertainty and optimism over spot Bitcoin exchange-traded funds (ETFs). On December 3, Bitcoin cleared the $40,000 …
· Business
- BC.GAME Honored with the “Best Casino Operator 2023” Award from SiGMA
Malta, November 15, 2023 - BC.GAME, a leading innovator in online gambling, proudly announces its recognition with the prestigious Best Casino Operator 2023 award by SiGMA. This esteemed accolade, presented at the SiG…
· Business
- Coinvestor Introduces Advanced Algorithmic Trading Strategies for Enhanced Investment Opportunities
Leading Digital Asset Investment Platform Launches Three Quantitative Strategies for Consistent Returns
· Business
- PUBLISH’s NEWS token to be listed on Singapore crypto exchange BingX
Singapore-based global cryptocurrency exchange BingX is to list NEWS token, according to an announcement made on June 7th by global technology media company PUBLISH. Trading is expected to commence at 17:00 on June 7t…
· Business
- Renowned Market Oracle Jim Rogers Warns of Impending Shift Away from US Dollar
Global Financial Expert Foresees the End of the Dollar's Reign as the Dominant Global Currency
· People
- PUBLISH’s NEWS Token Listed on CoinTR, Turkey's Largest Crypto Exchange
NEWS token (NEWS) expected to start trading on CoinTR against USDT
· Business
- Have you been eagerly waiting to see Unity's latest technologies? This team has already developed a AAA game with them
In November last year, an announcement was made about a new game that combines build simulation, turn-based combat, and 4X gameplay elements. Their official Discord community grew to 940,000 users, and Twitter followe…
· Technology