Crypto Markets & On-Chain Ecosystem Developments

South Korea's virtual asset industry has reached consensus on requesting an additional delay to virtual asset income taxation implementation, according to a recent industry consultation conducted by the Digital Asset Exchange Alliance (DAXA). The industry cited difficulties in verifying

According to DAXA, the Digital Asset Exchange Association of South Korea, on September 10, the country's virtual asset industry called for additional deferral of income tax filing deadlines, citing insufficient technical infrastructure and unresolved taxation standards. Under current law, virtual as

According to Alicharts data, Bitcoin whales held approximately 5.23 million BTC on September 10, remaining largely unchanged over the past week amid sideways price action. Market participants are awaiting the upcoming CPI report and FOMC meeting before making further

Gate News: According to an official Gate announcement, Gate will launch Futures Trading for five stocks—BHP (BHP), RIO (Rio Tinto), VALE (Vale S.A.), PURR (Hyperliquid strategy), and SOFTBANK (SoftBank Group)—at 16:00 (UTC+8) on September 10, 2026, with 1x–20x leverage available for both long and short positions. BHP is a leading global diversified mining giant and an Australian company whose primary Commodities include iron ore, copper, and metallurgical coal. It is one of the world’s three lar

BitGo launched regulated custody services for digital assets in Korea, targeting institutions seeking secure portfolio management solutions. The initiative responds to growing demand for reliable custody infrastructure in one of the world's most active digital asset markets. This development aims to

Vitalik Buterin proposed EIP-8288 on September 9 to bring recursive STARK-based mempools to Ethereum, describing the technology as a potential next step after Frame Transactions that could make advanced cryptography dramatically cheaper. Buterin said he hopes EIP-8288 will be included in I, the Ethe

BFC cryptocurrency surged 12.69% in five minutes, reaching a price of $0.041583. The rapid increase occurred amid a 24-hour gain of 286.68%, with trading volume reaching $9,871,804 during this period. The source attributes the movement to speculative trading and broader market sentiment in the

According to Vitalik Buterin on September 9, the Ethereum co-founder proposed EIP-8288 to introduce recursive STARK-based mempools, aiming to dramatically reduce the cost of quantum-safe transactions on Ethereum. The technology could slash quantum-resistant transaction fees from an estimated 10

Hyperliquid Policy Center (HPC) filed an amicus brief with a Washington DC federal court on May 9 (local time) requesting dismissal of CME Group's lawsuit against the U.S. Commodity Futures Trading Commission (CFTC). The lawsuit stems from CFTC's decision to allow regulated U.S. exchanges to list di

US Bitcoin spot exchange-traded funds recorded a net outflow of $120.2 million on September 9 (US Eastern Time), marking the second consecutive trading day of outflows starting September 8. The outflows were driven by a $78 million withdrawal from Ark Invest and 21Shares' ARKB product, partially

According to Woo Do-hyung, a researcher at Yuanta Securities, digital asset taxation set to take effect on January 1, 2027 is expected to redirect capital flows to the stock market. The tax rate is set at 20% (22% including local taxes) with a deduction limit of 2.5 million won. If

According to DSRV, the blockchain infrastructure company added Canton Network's utility token CC to its custody services for institutional and corporate clients on September 10. Canton is a privacy-focused blockchain designed for financial institutions, enabling selective transaction disclosure to r

According to Tether, on September 9, Tether and global asset manager Fasanara Capital jointly launched StableFund (Tether-Fasanara Lending Fund), a private credit fund co-investing $400 million as initial capital. The fund targets raising an additional $3 billion from institutional investors.

According to U.S. Bank on September 9, the bank launched its dollar-backed stablecoin USBDC and completed a cross-border settlement pilot on the Stellar blockchain. The trial involved transferring funds between U.S. Bank entities across North America and Europe, integrating the bank's existing