Park Mo, Vice President of Vidente and key figure in Bithumb’s ownership structure, has died by suicide while under investigation for financial crimes. The tragedy exposes deepening legal troubles at one of South Korea’s largest cryptocurrency exchanges. Authorities were investigating allegations of stock price manipulation and embezzlement involving Bithumb’s controlling shareholders, revealing a complex web of financial misconduct that extends throughout the exchange’s corporate structure.
about Bithumb VP Suicide Amid Stock Manipulation ProbeSouth Korean Won
0 posts last weekSouth Korea Warns on Won Volatility in Rare FX Move
South Korean authorities have issued a rare verbal intervention warning about one-sided movements in the won, signaling growing concern over currency stability. The joint statement from the Finance Ministry and Bank of Korea comes amid heightened volatility driven by both domestic economic conditions and external global factors, potentially setting the stage for more direct market intervention if the situation persists.
about South Korea Warns on Won Volatility in Rare FX MoveSouth Korea Launches Visa-Free Entry for Chinese Tourists
South Korea has launched a strategic visa-free entry program for Chinese tourist groups, marking a significant economic and diplomatic initiative aimed at revitalizing tourism revenue and strengthening bilateral relations. The pilot program, running until June next year, allows groups of three or more mainland Chinese tourists to visit for 15 days without visas, strategically timed to capitalize on major holiday periods in both countries as businesses prepare for an anticipated surge in visitors.
about South Korea Launches Visa-Free Entry for Chinese TouristsJapan’s Nudge Card: Stablecoin Credit Card Launch in 2025
Japan’s Nudge Corporation will launch the country’s first stablecoin credit card in October 2025, accepting yen-backed $JPYC stablecoin for repayments and working at over 150 million VISA merchants worldwide. The card leverages Polygon blockchain technology and Japan’s robust regulatory framework to provide secure, seamless crypto payments while eliminating currency conversion needs. Simultaneously, South Korean e-commerce giant Coupang is developing a layer-1 blockchain with Tempo to facilitate stablecoin payments, aiming to reduce transfer times and save billions in fees. These Asian developments reflect a global trend toward crypto payment mainstreaming, with Best Wallet also preparing its ‘Best Card’ that will integrate with its $BEST token for cashback rewards and work wherever MasterCard is accepted.
about Japan's Nudge Card: Stablecoin Credit Card Launch in 2025Won Rises as BOK Governor Defends Forex Intervention Strategy
The South Korean won appreciated by up to 0.6% against the US dollar, reaching 1,386.40, after Bank of Korea Governor Rhee Chang-yong publicly defended the central bank’s foreign exchange intervention strategy. Speaking at a press conference following the decision to maintain the current policy rate, Rhee stated that these interventions are intended to curb excessive currency depreciation. He also disclosed that the won’s performance is part of bilateral discussions with the United States government, highlighting the international dimensions of currency management policies.
about Won Rises as BOK Governor Defends Forex Intervention StrategyTop Memecoin Trading Bots: Features, Fees & Security
The rise of memecoin trading bots has introduced automated solutions for traders navigating volatile markets. Leading options like GMGN Bot (Solana-focused sniper trading), BullX Bot (cross-chain social sentiment analysis), and Trojan Bot (multi-chain analytics) offer distinct advantages. Key considerations include fees (0.75%–1% per trade), performance (low-latency execution), and security (anti-MEV tools, contract audits). Other notable bots include Bonk Bot (memecoin launches), SolTradingBot (Solana DEX integration), Shuriken Bot (high-speed sniper trades), and Maestro Bot (algorithmic strategies). Traders can choose based on chain preference, automation needs, and risk tolerance.
about Top Memecoin Trading Bots: Features, Fees & SecurityStablecoins Drive Crypto Mainstream Adoption: Coinbase Report
Coinbase’s Q2 2025 State of Crypto report reveals stablecoins as the dominant force in crypto adoption, with 81% of SMBs and tripled Fortune 500 interest compared to 2024. Stablecoin transfer volume hit $27.6 trillion in 2024, surpassing Visa and Mastercard combined. Regulatory clarity, such as the GENIUS Act and South Korea’s Digital Asset Basic Act, is seen as critical for further innovation. The stablecoin market is dominated by Tether (61% share) and Circle (24%), with global supply growing 54% year-over-year. Despite progress, Europe lags due to ECB’s CBDC focus and tight monetary controls.
about Stablecoins Drive Crypto Mainstream Adoption: Coinbase ReportTop Dogecoin Holders Control Nearly Half of Total Supply
The top 15 Dogecoin addresses control nearly 50% of the token supply, with Robinhood holding the largest share at almost 29 billion DOGE, valued at nearly $6 billion. Other significant holders include Upbit and Binance, with holdings of 8.9 billion and nearly 8 billion DOGE, respectively. The Dogeparty burn wallet also features prominently, holding nearly 1.9 billion DOGE, permanently removing it from circulation.
about Top Dogecoin Holders Control Nearly Half of Total SupplyWall Street Stabilizes Amid Tariff Turmoil and Market Volatility
Wall Street showed signs of stabilization in premarket trading on Wednesday after a tumultuous week marked by significant U.S. tariffs and retaliatory measures from Mexico, Canada, and China that unsettled global markets. Futures for the S&P 500 and Dow Jones Industrial Average rose by 0.2%, while Nasdaq futures increased by 0.4%.
about Wall Street Stabilizes Amid Tariff Turmoil and Market VolatilityIndian Stock Market Remains Expensive Despite Recent Corrections and Slow Earnings Growth
Despite a recent decline in the Sensex and Nifty, indicators like Warren Buffett’s ‘Golden indicator’ suggest that the Indian stock market remains overvalued, with a market capitalisation-to-GDP ratio of 120%, well above the long-term average of 85%. The market has seen a significant drop from a high of 132% in FY24, coinciding with a slowdown in earnings growth, as the Nifty-50 reported only 4% PAT growth in 9MFY25. Analysts recommend focusing on large-cap stocks and suggest that current market conditions may present a buying opportunity as the market approaches a medium-term bottom.
about Indian Stock Market Remains Expensive Despite Recent Corrections and Slow Earnings GrowthT1 Wins Valorant Masters Bangkok 2025 After Thrilling Five Map Final
T1 triumphed at the Valorant Masters Bangkok 2025, defeating G2 Esports 3:2 in a thrilling grand final. After losing the first map, T1 rallied to win on Haven and Split, forcing a decisive fifth map on Pearl, where they secured victory in overtime with a score of 16:14, claiming the championship trophy.
about T1 Wins Valorant Masters Bangkok 2025 After Thrilling Five Map FinalInaugural League of Legends First Stand Tournament Schedule Announced for 2025
The inaugural First Stand Tournament 2025, organized by Riot Games, will take place at LoL Park in Seoul from March 10 to March 16. Featuring top teams from five major leagues, the event includes a round-robin stage followed by knockout rounds, culminating in the crowning of the first champion, who will earn a spot in the 2025 Mid-Season Invitational. The tournament will also introduce Riot’s Fearless Draft format, enhancing strategic gameplay by banning champions used in previous matches.
about Inaugural League of Legends First Stand Tournament Schedule Announced for 2025