South Korea’s internet behemoth Naver is making a decisive move into the digital asset space, acquiring Dunamu, the operator of the country’s largest cryptocurrency exchange Upbit, through a strategic share exchange. This acquisition, which will make Dunamu a wholly-owned subsidiary of Naver Financial, signals a significant escalation in Naver’s ambition to build a comprehensive ‘super app’ by integrating cryptocurrency trading into its vast ecosystem of search, e-commerce, and payment services. The deal also sets the stage for Naver Financial to launch a won-backed stablecoin, positioning it directly against initiatives from the traditional banking sector.
about Naver Acquires Upbit Operator Dunamu in Crypto PushChiliz
0 posts last weekCrypto Funding Hits $176M, DeFi Innovation Surges
This week saw $176 million raised across 24 crypto projects, signaling robust venture interest despite market conditions. Major treasury allocations and strategic acquisitions highlight sector maturation, while thought leaders debate DeFi’s competitive edge against traditional finance.
about Crypto Funding Hits $176M, DeFi Innovation SurgesChiliz Acquires OG Esports, Boosts Fan Token Economy
In a landmark move that signals the accelerating convergence of esports and blockchain technology, Chiliz Group has acquired a controlling 51% stake in elite gaming organization OG Esports. This strategic acquisition deepens the relationship between the Socios.com fan token platform and one of gaming’s most legendary teams, representing a major push toward integrating Web3 technologies with competitive gaming fan engagement and creating new economic models for sports organizations worldwide.
about Chiliz Acquires OG Esports, Boosts Fan Token EconomyM2 Exchange Review: New Crypto Platform for Investors
M2 Exchange, launched in October 2023, positions itself as a comprehensive cryptocurrency investment platform serving the growing global crypto adoption. The exchange provides over 30 verified crypto assets, smart trading capabilities, and multiple product offerings including Spot Trading, Smart Futures, and an OTC Desk for high-volume transactions. Notable features include M2 Earn with up to 10.5% APY on Bitcoin and 12% on USDT, zero deposit fees, and 24/7 customer support. The platform caters to various investor profiles with its convertible tool between digital and traditional currencies, VIP Wealth Management, and educational resources. Withdrawal fees vary by cryptocurrency, ranging from 0.0005 BTC to 400,000 SHIB, providing transparency for cost-conscious traders.
about M2 Exchange Review: New Crypto Platform for InvestorsAltcoins to Watch: Binance Outflows Signal Bullish Momentum
Binance’s latest Altcoin Netflow Heatmap reveals notable outflows for Fetch.ai (FET), Amp (AMP), Synthetix (SNX), 0x (ZRX), and Ankr (ANKR), indicating traders are moving these assets off exchanges—often a bullish signal suggesting long-term holding or staking intentions. Conversely, tokens like Polygon (MATIC), Chiliz (CHZ), and Sui (SUI) show strong inflows, typically foreshadowing selling pressure. Market analysts note that Bitcoin dominance has broken its three-year uptrend, and the Altseason Index sits at 65, pointing to potential capital rotation into altcoins. Pseudonymous analyst Ash Crypto predicts a ‘Mega Altseason’ from October to March, with billions expected to flow from Bitcoin into altcoins.
about Altcoins to Watch: Binance Outflows Signal Bullish MomentumFed Ends Crypto Supervision Program Amid Policy Shift
The Federal Reserve is shutting down its ‘novel activities supervision programme,’ introduced in August 2023 to monitor banks providing services like deposits, payments, and lending to crypto firms and fintech companies. The Fed stated the program has met its objectives, enabling better risk management insights, and will now integrate crypto oversight into standard banking supervision. This decision aligns with a wider regulatory easing under the Trump administration, including the SEC dropping enforcement actions and Treasury officials backing a national crypto reserve. Additionally, Treasury Secretary Scott Bessent has advocated for significant Fed rate cuts, suggesting a 50 basis point reduction in September to align with economic conditions.
about Fed Ends Crypto Supervision Program Amid Policy ShiftCointelegraph Launches CTDG to Secure Web3 Networks
Cointelegraph has launched the Decentralization Guardians (CTDG) initiative, marking its shift from media commentary to active participation in Web3 security. The program operates high-performance validator nodes on blockchains including Solana, Chiliz, Polkadot, Coreum, Canton, and Mantra. CTDG combines node operations with public education, network monitoring, and staking interfaces for community involvement. Public dashboards track validator performance, enhancing transparency. This initiative positions Cointelegraph as a direct contributor to blockchain health and security.
about Cointelegraph Launches CTDG to Secure Web3 NetworksPSG Holds Bitcoin in Reserves, Pakistan Launches National Reserve
Paris Saint-Germain (PSG) has become the first major football club to allocate Bitcoin as part of its treasury reserves, revealed at the Bitcoin 2025 conference. The club aims to engage its young, tech-savvy fanbase and support crypto ventures globally. Separately, Pakistan disclosed plans for a national Bitcoin reserve, leveraging surplus energy for mining and forming a digital asset authority. These developments highlight the expanding intersection of sports, finance, and government with cryptocurrency, as Bitcoin trades at $105,800 despite recent volatility.
about PSG Holds Bitcoin in Reserves, Pakistan Launches National ReserveChiliz Plans $100M US Comeback with Fan Tokens for 2026 World Cup
Chiliz, the blockchain platform behind Socios.com, is preparing to reenter the U.S. market with a $50M-$100M investment push, focusing on fan tokens ahead of the 2026 World Cup. After exiting in 2022 due to regulatory uncertainty, the company recently engaged the SEC to clarify the legal status of its tokens. Partnering with 27 NBA and 13 NFL teams, Chiliz aims to capitalize on growing interest in digital fan experiences, though its Total Value Locked (TVL) has dropped 63.5% since late 2024. Despite this, CHZ’s price surged 13.26% amid the announcement, signaling market optimism. The success hinges on regulatory approval and partnerships with U.S. sports franchises.
about Chiliz Plans $100M US Comeback with Fan Tokens for 2026 World CupBinance to Delist 12 Trading Pairs on January 17 2025
Binance will delist 12 spot trading pairs, including BNX/BTC and CHZ/FDUSD, on January 17, 2025, due to low trading activity. This decision aims to enhance market liquidity and improve the trading experience for users. Affected traders are advised to adjust their strategies and update or cancel Spot Trading Bots before the deadline.
about Binance to Delist 12 Trading Pairs on January 17 2025