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South Korea’s financial regulator has moved to rein in risky lending practices in the digital asset sector, ordering local exchanges to suspend all crypto lending services until a proper regulatory framework is established. Key Takeaways: FSC halts crypto lending as South Korean exchanges must suspend services until formal rules are introduced. Investor risks exposed with…

The crypto market continues to be in slight bearish mode as Bitcoin slipped below $115,000 and Ethereum fell under $4,200, contributing to over $400 million in liquidations in the past 24 hours. Most sectors saw declines, with DeFi and Meme tokens dropping more than 2%, while the PayFi sector remained relatively resilient. Despite the broader…

Chamath Palihapitiya is returning to the world of blank-check firms with a new vehicle that aims to raise $250m, a little more than two years after he walked away from a string of stalled deals. The venture capitalist, often dubbed the “SPAC King,” filed late on Monday for an initial public offering of American Exceptionalism…

Ethereum completed its cycle from the August 2025 low, forming wave 1 through a five-wave impulse structure. Starting from the August 3, 2025 low, wave ((i)) peaked at $3,737.4, followed by a pullback in wave ((ii)) to $3,545.2. The cryptocurrency then surged in wave ((iii)) to $4,332.7, with a subsequent dip in wave ((iv)) concluding…

SoFi Technologies, Inc., (SOFI) provides various financial services in the US, Latin America, Canada & Hong Kong. It operates through three segments; Lending, Technology Platform & Financial services. It comes under Financial Services sector & trades as “SOFI” ticker at Nasdaq. SOFI favors rally in 5 of (1) from April-2025 low as explained in previous…

The U.S. Treasury is calling on the public to provide feedback required by the GENIUS Act on how the government could help prevent “illicit finance risks” tied to digital assets, per a Monday press release from the government department. U.S. Treasury Puts The GENIUS Act In Action According to the August 18 notice, the U.S….

The Financial Intelligence Unit (FIU), a top South Korean regulator, has begun to reorganizing its anti-money laundering (AML) protocols ahead of the “institutionalization” of stablecoins. The FIU said it will conduct stablecoin-related research via external contractors. It will then compile its findings in December this year before drafting a set of guidelines for stablecoin operators…

Bitcoin is at $117,000, down less than 1% in the last 24 hours, with a market cap of $2.32 trillion and $73 billion in daily volume. Price is consolidating above $116,000, where support has held in recent days. The chart shows a narrowing wedge, often a precursor to big moves in either direction. The 50-period…

American ChatGPT competitor Perplexity AI compares the prices of XRP to various other leading altcoins to suggest that holders could see major gains in the months ahead, as institutions continue to show interest in stablecoins, cross-border payments, and real-world asset (RWA) tokenization. Momentum in the broader market appears to support this view. Late last week,…

The latest upgrade of ChatGPT, ChatGPT-5, predicts that XRP, Monero, and Cardano could deliver standout returns in the months ahead, potentially rewarding investors just in time for the holiday season. However, the path to upside is turbulent for now. Last Thursday, Bitcoin soared to a new record high of $124,128, edging past its previous peak…