TokenPost reporter
Sonny Kwon
Stories by Sonny Kwon
- Upbit Ranks 1st in South Korea and 10th Globally Among Digital Asset Exchanges
Upbit Gains Trust of Global Users and Records 2nd Highest Spot Trading Volume
· Business
- Sotheby's to Launch On-Chain NFT Marketplace
Sotheby's, the renowned auction house, has taken its deep dive into the Web3 world a step further by launching a portal on its Sotheby's Metaverse platform where peer-to-peer secondary sales of NFT artworks are conduc…
· Business
- Phantom Solana Wallet Adds Ethereum and Polygon Support
Phantom, a self-custodial wallet, has added simultaneous support for Ethereum and Polygon networks to its mobile app and browser wallets. With this update, users can now access dApps across the Web3 landscape, includi…
· Business
- Justin Sun Requests Full Refund for $56 Million Token Transfer on Binance, Citing Oversight Issues
Tron founder Justin Sun has issued an apology to Binance CEO Changpeng "CZ" Zhao after the latter warned his followers that Sun might use Binance's Launchpool platform to farm large amounts of a new blockchain token n…
· People
- Bitcoin Sets New Record of Daily Transactions as JPMorgan Secretly Engineers a Bank Buyout
JPMorgan Chase's acquisition of First Republic, the second-largest bank failure in U.S. history, coincided with the Bitcoin network processing a record number of daily transactions on Sunday, surpassing its 2017 peak.
· Investing
- UK Regulators Collaborating with A16z, Coinbase, and Polygon on Crypto Regulations Following US Lead
Crypto companies in the United States are warning against heavy-handed regulation, hoping that the United Kingdom takes a different approach. Web3 firms, including a16z, Coinbase, and Polygon, are urging the U.K. Trea…
· Regulation
- Love Hate Inu Tipped as Next Potential Shiba Inu with Anonymous Facebook Page's Best Crypto Buy Recommendation
A popular Facebook page known for its activism, has recently posted about a massive gain from a Shiba Inu investment that turned $8,000 into a whopping $5.7 billion return on investment (ROI).
· Investing
- Poloniex Settles Sanctions Violation Charges with $76M Fine
US crypto entity, Poloniex LLC, which was previously affiliated with Poloniex crypto exchange, has agreed to pay $7.59 million to settle allegations of sanctions violations with the US Treasury Department's Office of …
· Regulation
- Coinbase and Crypto Industry Pin Hopes on New Supreme Court Doctrine as Silver Bullet
The cryptocurrency industry is hoping to fight back against the recent crackdown by the U.S. Securities and Exchange Commission (SEC) with a long-shot argument based on the "major questions doctrine" adopted by the Su…
· Regulation
- Robinhood to Integrate Crypto Wallet Feature with Google Web3 Tools
Robinhood Crypto has announced a new wallet feature designed to provide users with a secure and convenient way to store their digital assets.
· Business
- YouTube Joins the Fight Against XRP Crypto Scammers, Helps Recover Hacked Channel
SAN FRANCISCO — YouTube has helped recover a hacked channel after preventing an attempt to promote an XRP cryptocurrency scam on the popular YouTube channel, DidYouKnowGaming, which has 2.4 million subscribers.
· Business
- BitOasis Receives MVP License from Dubai's Crypto Regulator
Dubai-based BitOasis has become the first broker-dealer to receive the minimum viable product (MVP) operational license from Dubai's Virtual Asset Regulatory Authority (VARA), the crypto exchange announced on Monday.
· Business
- Nigeria's SEC to allow asset-backed tokens but not cryptocurrency
LAGOS, Nigeria — Nigeria's Securities and Exchange Commission (SEC) has announced that it is processing applications for digital exchanges on a trial basis in a bid to expand market participation in the country. The m…
· Business
- Mastercard Plans to Launch Crypto Credential Service
Mastercard has announced plans to launch a new service called Mastercard Crypto Credential that will facilitate compliant transactions between users' wallets, starting with digital asset transfers between countries.
· Business
- Economists Express Concerns about High Global Inflation; Bitcoin and Ether Drop
Inflation remains the primary economic concern for 2023, significantly affecting both Ether and Bitcoin.
· Insights & Views
- Binance to Commence Operations in Japan
Binance announced on Friday that it will begin operations in the Japanese market, having acquired regulated crypto exchange Sakura Exchange BitCoin (SEBC) last year.
· Business
- SkyBridge Founder Scaramucci Discusses Meeting with Ex-FTX Founder Bankman-Fried in Bahamas
Anthony Scaramucci, the founder of SkyBridge Capital, has disclosed details of his visit to the Bahamas to meet with Sam Bankman-Fried, the former CEO of now-defunct crypto exchange FTX, during the firm's final days.
· Investing
- US House Financial Services Committee: Crypto Bill to Come in "Next Two Months
US lawmakers are planning to introduce comprehensive legislation to regulate the cryptocurrency sector within the next two months, according to Representative Patrick McHenry, chair of the House Financial Services Com…
· Regulation
- JPMorgan Continues to Push for Tokenization of Traditional Financial Assets
JPMorgan, one of Wall Street's largest investment banks, is continuing its efforts to tokenize traditional financial assets, despite last year's market downturn.
· Investing
- Crypto and DeFi Platforms to Perform Token Unlock This Week
Seven cryptocurrency and decentralized finance (DeFi) platforms are preparing to unlock tokens this week, which could lead to short-term volatility and selling pressure on token prices.
· Business
- PUBLISH's "NEWS" Token listed on global cryptocurrency exchange "CoinTR", accelerating the expansion of the protocol ecosystem
On the 28th, PUBLISH announced that its News Token has been listed on CoinTR, the largest cryptocurrency exchange in Turkey, following its listing on Hong Kong's LBank. Trading will be available starting from 4 pm KST…
· Business
- South Korea's TokenPost Launches Airdrop Event Page to Boost Blockchain Community Engagement
SEOUL, South Korea — TokenPost, a leading South Korean blockchain media outlet, announced on April 27 the launch of an "Airdrop Event" page to promote domestic and international blockchain projects and encourage commu…
· Business
- IPXHOP partners and receives strategic investment from Japan's content company Funnel
IPXHOP, an integrated IP trading platform, announced it has entered into a strategic partnership and received strategic investment from Japanese content company 'Funnel'.
· Business
- IPXHOP inks MOU with Raonwiz to promote K-Gospel IP
IPXHOP, an integrated IP trading platform, announced that it has signed an MOU with an agency Raonwiz in the field of Christian music.
· Business
- IPV coin listed on Huobi Global Cryptocurrency Exchange
IPV token, issued by IPXHOP, a subsidiary of IPVERSE, Ltd., has been listed on the Huobi Global cryptocurrency exchange.
· Business
- IPXHOP becomes first 'ISMS' certified IP company in S.Korea
IPXHOP, a global intellectual property trading platform, announced that it has obtained ISMS integrated certification from the Korea Internet & Security Agency (KISA). This is the first in the domestic IP industry.
· Business
- Cryptocurrency: Bankrupt Celsius crypto lender sues former manager for theft
Celsius Network filed a lawsuit against its former investment manager six weeks after the latter sued the company.
· Business
- IPXHOP releases NFT tickets for 2022 Songdo Beer Festival in South Korea
IPXHOP to sell tickets for the 2022 Songdo Beer Festival, nine days long performance festival.
· Business
- Crypto.com buys South Korea’s OK-BIT crypto exchange
Crypto.com, a Hong Kong-based crypto company, has acquired the South Korean exchange OK-BIT. The acquisition is said to be the first time that a foreign crypto business has purchased a Korean exchange.
· Business
- IPXHOP ties up with Meta Planet - A step closer to global expansion
The two businesses are collaborating on IP for games tailored for the NFT marketplace.
· Business
- PUBLISH, Lamda256 join forces to build out consortium blockchain network for news media
PUBLISH is partnering with Lamda256. Lamda256 is a subsidiary of Dunamu, which also operates Upbit, Korea’s largest cryptocurrency exchange.
· Business
- JTBC partners with PUBLISH to mint the world’s first ‘news tip’ NFT
PUBLISH has partnered with JTBC (Joongang Tongyang Broadcasting Company), one of the largest South Korean cable television networks owned by the media conglomerate JoongAng Group.
· Business
- 4 Key Components of an Effective Financial Plan
Many people tend to be indecisive about how they handle their money. A passive approach like this can hinder sustainable growth in their income. It can also lead to great losses should they fail to take their finances…
· Business
- PUBLISH, World Vision partner to build blockchain-based donation platform
PUBLISH announced that it has partnered with humanitarian aid organization World Vision to build a blockchain-based donation platform.
· Business
- PUBLISH, YFUND to launch world’s first principal and interest receivables NFT minting service
PUBLISH announced today that it has partnered with YFUND to provide world’s first principal and interest receivables NFT issuance service.
· Business
- What is Bitcoin's fundamental value?
As it hits new highs, there is no shortage of bold predictions about Bitcoin reaching US$100,000 or more.
· Insights & Views
- Korea’s Largest Journalists Organization Partners with PUBLISH to Adopt Blockchain Technology to Improve News Media Ecosystem
PUBLISH, Inc., a global technology media company developing digital tools for news publishers, announced they have signed a Memorandum of Understanding (MoU) with the Journalists Association of Korea (JAK) to adopt bl…
· Business
- The Crypto Sight Launches New DeFi Token to Support Global Media Activities in Crypto and Blockchain
The new DeFi token has arrived for global media dedicated to crypto and blockchain. Today, The Crypto Sight (TheCryptoSight) — an American digital media, events, and information services company dedicated to cryptocur…
· Business
- Fan8 Launches New DeFi Token to Create an Immersive World for Artists, Celebrities, and Idols with Their Fans
Beowulf Blockchain launched FAN8 token — the first Safemoon-type of token issued by a renowned company with a clear mission statement for converting intangible qualities into tangible value -- in order to help idols (…
· Business
- TokenPost to hold Korea’s first NFT conference: ‘BTC 2021’
On May 27, blockchain media outlet TokenPost is expected to hold the first iteration of ‘Blockchain Trend Conference 2021: NFT’.
· Business