CryptoNews

South Korean Regulator Urges ETF Managers to Scale Back Exposure to Crypto-Related Companies

A South Korean financial regulator has issued verbal guidance to domestic asset management companies, advising them to limit the proportion of cryptocurrency-related stocks in their exchange-traded funds. Rising ‘Coin Theme’ Stock Inclusions Spur Caution South Korean Financial Supervisory Service (FSS) has reportedly issued verbal guidance to domestic asset management companies, urging them to…
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CryptoNews

‘Crypto Queen’ Lummis Urges Senate to Skip August Recess

Senator Cynthia Lummis Calls on Senate to Cancel Summer Break Amid Digital Asset Push Wyoming Senator Cynthia Lummis, often referred to as the “Crypto Queen,” has urged her colleagues in the U.S. Senate to forgo their traditional August recess, insisting that lawmakers…
CryptoNews

Mercurity Fintech Secures $200 Million for Solana Treasury

Mercurity Fintech Secures $200 Million from Solana Ventures for SOL Treasury Expansion Mercurity Fintech Holding Inc. (Nasdaq: MFH) has secured a $200 million equity line of credit from Solana Ventures Ltd., marking a pivotal milestone in its evolution from a fintech infrastructure provider to an active institutional participant in the Solana blockchain ecosystem. Under the new agreement, MFH will…
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CryptoNews

Cross-Chain Crisis? Why Wrapped BTC Might Be Bitcoin’s Weakest Link

Marvin Bertin has raised concerns about the security risks posed by bridges and wrapped assets. He warned that these solutions introduce vulnerabilities that compromise Bitcoin’s security model. Bertin: Wrappers Are Worse In the rapidly expanding world of decentralized finance, cross-chain solutions like bridges and wrapped assets have emerged as popular tools to enhance interoperability between…
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CryptoNews

ETH Tsunami Incoming: Firms Quietly Amass Mountains of Ethereum

Ever since Strategy, previously Microstrategy, began putting bitcoin ( BTC) into its company coffers, a significant number of other businesses have followed suit. Currently, various organizations are incorporating leading alternative coins into their financial holdings, and…
CryptoNews

South Korea’s Bitcoin Price Slips 2%: BTC Trades at Deepest Discount of 2025

While bitcoin has hovered between $117,502 and $118,781 over the past 24 hours, prices in South Korea are trailing behind the global average. Data reveals that bitcoin has been trading at a discount in the country for 12 consecutive days. Korean Bitcoin Market Enters Discount Mode There’s usually a gap between South Korean prices and the rest of the world, with bitcoin (BTC) more often than not…
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