July 4, 2025 | 16:26
July 4, 2025 | 00:42Despite a sluggish broader crypto market, certain altcoins like Humanity Protocol (+33%) and FUNToken (+30%) have posted significant gains, fueled by project-specific catalysts. Humanity Protocol’s surge followed its listing on Bithumb, though concerns linger over its bot-heavy user base. FUNToken’s rise was driven by exchange listings, token burns, and upcoming Web3 game launches. Other gainers include Plume (+6%), benefiting from a stablecoin partnership, and Zcash (+5.5%), aided by infrastructure upgrades. The trend underscores how altcoin performance is increasingly tied to unique developments rather than market-wide momentum.
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IOTA Q2 2025: Rebased Protocol, TWIN Foundation & Growth
IOTA’s Q2 2025 progress report showcases significant milestones, such as the successful mainnet launch of the Rebased Protocol, which involved over a year of collaborative R&D efforts. The quarter also saw the debut of the TWIN Foundation, aimed at positioning TWIN as a global public good for digital trade. Other highlights include the release of IOTA Gas Station v0.2, onboarding of new partners like ObjectID and Impierce Technologies, and the beta launch of IOTA Identity v1.6. IOTA also expanded its community outreach through campaigns like CoinGecko’s Learn 2 Earn and partnerships with Bithumb. The ecosystem team recorded millions of organic and paid impressions, signaling strong growth. Future objectives focus on expanding IOTA’s product ecosystem with real-world applications in trade and logistics.
read moreMagic Newton Launches $NEWT for Fair, Transparent Crypto
The Magic Newton Foundation has introduced $NEWT, the native token of the Newton Protocol, setting new standards for transparency and fairness in crypto token launches. Research highlights widespread insider trading in past token distributions, prompting the Foundation to implement full onchain transparency, equitable allocations, and strict vesting schedules. $NEWT serves multiple functions within the Newton Protocol, including staking rewards, gas fees, governance, and AI agent collateral. The Foundation allocates 60% of the 1 billion $NEWT supply to community initiatives, with quarterly transparency reports. Early supporters can participate in a rewards program, while exchanges like Coinbase and Binance have already listed $NEWT. The Newton Protocol, developed by Magic Labs, addresses security risks in AI automation by enabling verifiable onchain actions.
read moreSouth Korea Advances Spot Bitcoin ETFs & Crypto Regulations
South Korea’s Financial Services Commission (FSC) is preparing a detailed proposal for launching digital asset spot ETFs, with plans to finalize it in the second half of 2024. The FSC will assess risks to financial stability and investor exposure while building infrastructure for ETF listings. This aligns with President Lee Jae-myung’s campaign promises to allow Bitcoin-based ETFs. Additionally, the FSC is advancing Phase 2 of its digital asset legislation, focusing on stablecoin regulations, market transparency, and crackdowns on unfair practices. The Bank of Korea has warned about macroeconomic risks from won-pegged stablecoins. Separately, the FSC will review fee structures of major crypto exchanges like Upbit and Bithumb to ensure transparency and fair pricing. These steps reflect South Korea’s push to modernize crypto policies while prioritizing consumer protection.
read moreSouth Korea’s President Pushes Bitcoin ETFs & KRW Stablecoin
South Korea’s President Lee Jae-myung plans to revolutionize the country’s crypto landscape by legalizing spot Bitcoin ETFs and launching a sovereign KRW-pegged stablecoin. This policy reversal could make South Korea the first G20 nation outside the U.S. to approve crypto ETFs and create a government-backed stablecoin. The reforms target South Korea’s 16 million crypto traders and aim to challenge dollar dominance in Asian markets. However, implementation faces hurdles including regulatory resistance and the president’s ongoing legal challenges. The move follows Hong Kong’s recent Bitcoin ETF launch and could pressure other Asian financial hubs to accelerate crypto adoption. Success could reshape regional crypto dynamics, affecting the Kimchi Premium and creating new arbitrage opportunities.
read moreBithumb Launches IOTA Airdrop to Boost Korean Adoption
Bithumb is distributing 323,065 IOTA tokens equally among eligible participants who complete at least one trade during the two-day event (May 19-20, 2025). The initiative also includes a ‘Learn to Earn’ component, encouraging users to explore IOTA’s technology for additional rewards. This move aligns with IOTA’s broader push into South Korea, a key crypto market, and follows its recent partnership with CoinGecko for educational courses. Despite IOTA’s recent price dip (-11% in 24h), trading volume surged by 69%, reflecting heightened activity. The airdrop rewards will be distributed on May 27, 2025.
read moreSouth Korea Forms Digital Asset Committee to Revamp Crypto Rules
South Korea’s Democratic Party has formed the Digital Asset Committee to tackle crypto regulatory challenges and support sector growth. The committee, chaired by National Assembly Speaker Min Byeong-deok, held its inaugural meeting to discuss the restrictive ‘one exchange, one bank’ policy, which limits exchanges to a single banking partner. The committee is exploring alternatives to this policy and debating stablecoin oversight, including whether it should fall under the Bank of Korea or the Financial Services Commission. The move follows presidential candidate Kim Moon-soo’s endorsement of spot crypto ETFs.
read moreIOTA Rebased Upgrade: 50K TPS & 15% APY Staking
The IOTA Rebased mainnet upgrade has launched, bringing transformative changes to the network. With a staggering 50,000 TPS and sub-500ms finality, IOTA is set to compete with Ethereum and Solana. The upgrade introduces staking with a 10-15% APY, Move-based smart contracts, and a deflationary token model by burning fees. Exchanges like Binance have temporarily paused deposits and withdrawals, though trading remains unaffected. The network will scale from 13 to 150 validators in phases, enhancing decentralization. Despite an 80% surge in trading volume, IOTA’s price remains stable at $0.2, with analysts praising its unique DAG ledger and real-world adoption focus.
read moreIOTA Rebased Mainnet Upgrade: Key Details & Exchange Support
The IOTA Rebased mainnet upgrade is scheduled for May 5, with Binance and Bithumb suspending deposits and withdrawals temporarily to facilitate the transition. Users will need to migrate to a new official wallet, as the current Firefly wallet won’t be supported post-upgrade. The upgrade includes the launch of IOTA’s EVM, which will be operational immediately, along with a bridge app for Layer 1 and EVM token transfers. The network will initially launch with 13 validators, scaling to 150 over time. IOTA’s price has seen a slight uptick ahead of the upgrade, with analysts eyeing a potential breakout to $0.28.
read moreBitcoin Seoul 2025: Asia’s Premier Bitcoin Conference
Bitcoin Seoul 2025, set for June 4-6 in Seoul, is Asia’s flagship Bitcoin conference, featuring global leaders, listed companies, and innovators. Building on its successful 2024 debut, the 2025 edition will delve into Bitcoin’s strategic, regulatory, and financial dimensions. Highlights include sessions on corporate Bitcoin adoption, policy trends, and community-driven initiatives, with speakers like Dennis Porter and representatives from El Salvador’s Bitcoin Beach. The event will also showcase Lightning Network payments and host a Bitcoin Policy Summit. As institutional interest grows post-spot Bitcoin ETF approvals, Bitcoin Seoul 2025 aims to solidify Seoul’s role in the global Bitcoin ecosystem. Sponsored by major players like Bithumb, the conference underscores Bitcoin’s expanding influence in Asia and beyond.
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