Korean internet giant Naver to acquire Upbit, eyes stablecoins: Report
Naver is often called the “Google of South Korea,” and is the top search engine in the country. Upbit Korea is the largest crypto exchange in South Korea.
Nansen unveils AI agent for crypto traders, targets autonomous trading in Q4
Nansen unveiled an AI agent to simplify onchain crypto trading with natural conversation, aiming to bring more value to Ethereum and EVM networks.
Market maker GSR files for ETF to track crypto treasury firms
GSR has filed for five crypto ETFs involving staking and bundling tokens, but its headlining bid is a fund that invests in crypto treasury companies.
Ethereum’s PeerDAS will be key to L2 scaling: Vitalik Buterin
Ethereum co-founder Vitalik Buterin explained how Fusaka’s PeerDAS feature will address Ethereum layer 2 scaling bottlenecks.
Crypto treasury share buybacks could signal a ‘credibility race’ is on
Kadan Stadelmann, chief technology officer at Komodo Platform, told Cointelegraph that treasury companies are competing to see who can create the most enticing structure.
Ether supply on exchanges hits 9-year low amid ‘Wall Street glow up’
Ethereum exchange balances dropped to a nine-year low of 14.8 million ETH as digital asset treasury firms and exchange-traded funds accelerate buying.
Circle taps Crossmint to expand stablecoin rails for humans and AI
Stablecoin issuer Circle has partnered with crypto infrastructure and self-custody platform Crossmint to offer USDC across more chains for both humans and AI agents.
Australia drafts law to tighten oversight of crypto exchanges
Australia has released draft legislation to create new crypto products, bringing the crypto companies under the same rules as financial services businesses.
US Senate Finance Committee to discuss crypto tax matters next week
A Coinbase executive and three other crypto tax and policy specialists will meet with the Senate Finance Committee next Wednesday to discuss digital asset tax matters.
US senators signal resistance to market structure over ’foreign crypto deals’
No scheduled consideration of a market structure bill appeared on Senate calendars as of Wednesday, and pushback from Democrats could challenge what is expected to be a tight vote.