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South Korean cryptocurrency exchange Upbit is working with payments company Naver Pay to promote a won (KRW) stablecoin initiative, KBS reported, citing an unidentified official from Dunamu, Upbit’s parent company. The two companies are pursing a payments business based on the stablecoin,
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2998.73, down 2.7% (-82.39) since 4 p.m. ET on Monday. One of 20 assets are trading
MARA Holdings (MARA) now holds 49,940 bitcoin (BTC), a trove that puts the public miner near the 50,000 threshold and makes it the second-largest publicly traded bitcoin holder behind Strategy (MSTR). At current prices, the stack is worth close to $5.3 billion.
Securitize, one of the largest tokenized asset issuers, and oracle provider RedStone have released a whitepaper they say introduces a new model for securely verifying Net Asset Value (NAV) data on-chain, tailored specifically for tokenized private funds. The model, dubbed the Trusted
Circle (CRCL) has the opportunity to be a prime facilitator of stablecoin adoption, Wall Street bank Citigroup said in a research report Monday assuming coverage of the stock. Despite the stock’s outsized rally since going public, Circle’s valuation is not stretched, the
Hackers stole more than $2.47 billion worth of cryptocurrency in the first half of 2025, already exceeding last year’s total of $2.42 billion, according to Certik’s Hack3d Report. The majority of that figure can be attributed to two incidents; the Bybit breach
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. The dollar index (DXY), which tracks the greenback’s value against major fiat currencies, looks south, having taken a beating in the first half. Still, bitcoin’s (BTC) chart
The Bitcoin (BTC) network monthly average hashrate fell about 3% in June, Wall Street bank JPMorgan (JPM) said in a research report Tuesday. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain,
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin (BTC) ended June above $107,000 at a record monthly close. Still, the largest crypto’s 2.5% monthly gain failed to match the euro’s advance against the dollar, the most liquid FX pair in
The Blockchain Group (ALTBG), listed on Euronext Growth Paris has secured roughly 11 million euros ($13 million) in fresh funding as it doubles down on becoming Europe’s first bitcoin (BTC) treasury company. This strategic move underscores the firm’s commitment to growing its