Crypto Markets & On-Chain Ecosystem Developments

On July 23, Seoul Northern District Court ruled that the Ethereum network qualifies as an information communication network under current Korean law, rejecting a defendant's claim that decentralization exempts it from telecommunications regulations. The court sentenced defendant A to three years

According to Tax Foundation analysis released on September 3, the U.S. House Ways and Means Committee is reviewing digital asset tax reforms. Proposed measures include deferring taxes on mining and staking rewards until assets are sold or used, excluding certain stablecoin and network fee

South Korea's Woori Card and Hyundai Card have disclosed internal education sessions on won-denominated stablecoins to their independent directors, according to investment prospectuses filed in early September. Woori Card's digital asset task force conducted a briefing on April 21 titled "Impact and

According to a research paper published on arXiv on September 4, researchers found insufficient evidence that AI can deliver sustained excess returns in digital asset investing after accounting for transaction costs and market risks. The study, which reviewed peer-reviewed research through

According to Park Sang-hyuk, editor at Digital Assets, speaking on SamProTV on September 9, JPYSC—a yen-based stablecoin issued jointly by Japanese financial firm SBI and blockchain company Stattail—has allocated approximately 1 billion yen (about 9.4 billion Korean won), representing roughly 5%

According to M0, PayPal's PYUSDx developer platform launched on Sept 9, enabling enterprises and developers to build custom stablecoins and on-chain financial products based on PYUSD. Transaction volume across the platform has exceeded $100 million. M0 provides the technical infrastructure while

According to Bernstein analyst Gautam Chhugani, on Sept. 9, the firm maintained an outperform rating and $160 price target for Robinhood Markets, citing its Layer 2 network as a rapid source of profitability. Since launching on July 1, Robinhood Chain has accumulated approximately $1.5 billion in to

According to Solid Intel monitoring, Robinhood Chain's daily fees reached a record $6 million, while weekly fees surged to $25 million with 17x growth. DEX trading volume doubled to $12.4 billion.

LeBron James announced a partnership with prediction market platform Polymarket on September 5, with his representatives stating the agreement will focus primarily on football. James' previous endorsement agreement with DraftKings expired earlier this summer. The NBA reportedly has no specific

LeBron James signed with Polymarket on September 5 for a partnership focused on promoting football prediction markets, but the legal status of athlete participation in such trading remains unresolved. While the NBA has no specific policy preventing players from endorsing prediction markets, Polymark

According to PR Newswire, Polymarket has launched Squads in its US prediction market app, enabling users to create private groups for discussing markets and sharing trading positions. Members can exchange messages, display individual positions and multi-market combinations, and execute trades

According to Korea Daily, First Digital, the issuer of FDUSD stablecoin, and South Korea-listed ITCEN Group signed a strategic cooperation memorandum of understanding (MOU) on September 9 to build on-chain financial infrastructure connecting Korea's RWA market with global liquidity. The

According to CoinGecko, IOST surged over 24% in the past 24 hours on September 9, reaching a high of $0.00124.

According to Bitcoin News, Alby confirmed a critical vulnerability affecting Alby Hub versions v1.7.0 through v1.18.5 that could allow attackers unauthorized access to the admin API and steal funds if exposed to the public internet. One user has been impacted so far; versions v1.19.0 and later are u

F2Pool co-founder Chun Wang criticized Zcash's rally on September 8, arguing the privacy cryptocurrency's rising market capitalization is driven by narrative rather than underlying fundamentals. Wang questioned whether Zcash has earned its position among the world's largest digital assets, stating t

Solana captured 32% of all on-chain real-world asset spot volume over the past year, totaling $14.7 billion, according to crypto commentator @SolanaFloor. The market share reflects increasing institutional interest in the Solana ecosystem. As more institutions engage with tokenized real-world