South Korean bank stocks surge on stablecoin trademark filings

South Korean bank stocks surge on stablecoin trademark filings

Shares of Kakao Bank, Kookmin Bank and the Industrial Bank of Korea rose by 10% to 19% following stablecoin trademark applications. Shares of major South Korean banks surged following trademark filings for stablecoins, signaling growing institutional interest in digital assets.  According to Google Finance data, at least three South Korean banks that recently applied for…

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Update: UAE Denies TON golden visa claim

Update: UAE Denies TON golden visa claim

After TON claimed a staking program would offer golden visas for holders to enter the United Arab Emirates, the country’s news agency shot down the idea of a partnership. Update (July 6, 12 pm UTC): This article has been updated to include comments from Sigil Fund partner Joe HedgeHog. Editor’s Note: This article has been…

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Crypto adoption will be driven by high-growth markets, with or without the US

Crypto adoption will be driven by high-growth markets, with or without the US

Crypto adoption is rapidly growing in high-growth markets, where the technology is solving real-world problems, like remittances, financial inclusion and supply chain inefficiencies. Opinion by: Dominic Schwenter, chief operating officer of Lisk The US is in the middle of a crypto boom. Exchange-traded fund approvals have opened the door to institutional adoption, liquidity is increasing…

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Bitcoin miners gambled on AI last year, and it paid off

Bitcoin miners gambled on AI last year, and it paid off

When mining got tough, these firms chased AI dreams. Here’s how it panned out. Bitcoin miners turned to the rising AI trend ahead of the 2024 halving, which cut block rewards to 3.125 Bitcoin (BTC). Some just dipped their toes in, while others dove deeper, repurposing rigs, raising credit and signing billion-dollar deals. But how’s…

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How to buy a home with a crypto-backed loan

How to buy a home with a crypto-backed loan

Discover platforms offering crypto-backed mortgages, allowing you to use digital assets like BTC and ETH to finance real estate purchases without selling your holdings. Crypto-backed mortgages are a watershed moment in real estate financing because they let you use digital assets such as Bitcoin (BTC) or Ether (ETH) as collateral for a home loan. Instead…

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