Author: Alice Monroe

South Korea’s digital asset landscape has undergone a historic shift since Lee Jae Myung was elected president. Lee has acted quickly to implement pro-crypto reforms after his party won 49.42% of the vote. This election had the highest turnout since 1997. His administration is focusing on won-pegged stablecoins and cryptocurrency exchange-traded funds (ETFs). It also aims to complete the regulation of digital assets. Time is of the essence. The impeachment of former President Yoon Suk-yeol created a regulatory void. Under Lee Jae Myung’s direction, the Digital Asset Committee now has a centralized organization. This is under direct presidential supervision, ensuring…

One of the most ambitious fundraising events in cryptocurrency history, Pump Fun Token has revealed plans for a huge $1 billion token sale. Pump.fun top memecoin platform in Solana, is evolving from a wild playground powered by memes. It is becoming a significant decentralised finance (DeFi) force. Three British entrepreneurs established the platform’s fair-launch model, which eliminates insider advantages. Launched in January 2024, the model allows anyone with a Solana wallet and a sense of humour to instantly mint, purchase, or sell tokens—no coding skills needed. Currently, Pump Fun Token wants to grow with institutional support and stronger community ties.…

To increase its Solana (SOL) treasury reserves, Classover Holdings Inc. (NASDAQ: KIDZ) surprised investors by agreeing to a $500 million convertible note deal. This extraordinary action represents a major shift from its primary K–12 education business. It marks a move towards the aggressive adoption of cryptocurrencies. As a result of the agreement with Solana Growth Ventures, Classover Holdings Inc. was able to purchase SOL tokens with senior secured convertible notes. This caused an intraday stock spike of 46.5%. The agreement stipulates that the first $11 million tranche will close shortly. Additionally, the conversion price will be double the stock price…

With its proposed Truth Social Bitcoin ETF, Trump Media’s aggressive move into the cryptocurrency market takes centre stage. The fund’s June 3, 2025, NYSE Arca filing promotes a daring blend of financial innovation and political capital. This project combines institutional-grade crypto infrastructure with Trump’s political narrative. It aims to profit from the $130 billion spot Bitcoin ETF market. The Yorkville Advisors-structured ETF, which is supported by Crypto.com and Foris DAX Trust, seeks to share in the $9.9 billion in net inflows that have occurred since Trump’s election victory in 2024. Additionally, Trump Media intends to increase its standing among significant…

In a first of its kind initiative World Vision Korea has put to use crypto for a transaction. This marks the end of a 7-year ban on institutional crypto trade in South Korea. This key development not only puts into picture the regulatory change. It also signals South Korea’s gradual, but sure-footed, foray into the institutional digital asset markets. The transaction involved 0.55 Ethereum (ETH), worth about $1,431 at the time, on the Upbit exchange. It is reported that the transaction went through via World Vision Korea’s verified Kbank account. This serves as an example of the Financial Services Commission’s…

Wintermute reports a serious warning regarding the Ethereum wallet ecosystem after the Pectra update. In the spot light is EIP-7702 which is at the centre of a$146 million crisis. A large scale of automated wallet attack campaigns has reported. Over 80% of the affected are on this new protocol. Wintermute’s Dune Analytics platform reports that phishing groups are using CrimeEnjoyor smart contract templates. These are used to carry out mass theft of Ethereum wallets. EIP-7702’s Intended Innovation Backfires Wintermute issues of security in the Ethereum wallet come from what may be considered a forward thinking innovation. EIP-7702 introduces a feature…

The just-concluded US-China trade talks in Geneva generated cautious optimism within world financial markets. The two countries announced “substantial progress” in defusing a lengthy trade war. This report looks into the instantaneous market reactions, tariff revisions, and the implications on the wider world economy due to US-China trade agreements. US-China Trade Tariff Adjustments During the May 11–12, 2025 talks, US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng reached key agreements. They concluded fruitful talks, addressing the ongoing issues in US-China trade. The two agreed to lower mutual tariffs substantially. US tariffs on Chinese products decreased from 145%…

Lido DAO showcased its decentralised resilience during a security breach regarding a compromised oracle on May 10, 2025. The protocol initiated an emergency rotation, proving how resilient a well-established DeFi platform can be.The attacker siphoned 1.46 ETH (~$3,800) from Chorus One’s oracle node. While the sum was small, the incident raised important worries. Lido DAO acted speedy separating the node, verifying the rest, and coordinating with Chorus One’s team.By that evening, published a detailed report and proposed a key rotation. Within 72 hours, 3 oracles Accounting Oracle, Validators Exit Bus, and CS Fee Oracle were all secured under new keys.…

FTX creditors have begun to receive the second payouts from the defunct exchange’s recovery trust. On May 30, 2025 the distribution which followed the first round in February that covered the smaller claims went out. This time the larger claims being targeted which also marks the largest return of funds in a crypto bankruptcy to date. Payments going out via Kraken and BitGo, which see most recipients get their money within 1 to 3 business days. Mostly in stablecoins like USDT and USDC which in turn provides that which is consistent in volatile markets. John J. Ray III who is…

Ross Ulbricht Auction has created a buzz in both the crypto and collectibles worlds. The auction took place on the Bitcoin-only platform of Scarce City included personal items from Ulbricht’s past which had never before been put out there, his last prison issued ID, a notebook, shoes, also a painting he co created. Ulbricht shared a reflection about the photograph: “The guard got me to try and suppress my smile. but my joy is of the heart. That human element may have caused investors to pay more than the market value during the Ross Ulbricht Auction.” Digital Collectibles Ross Ulbricht…