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Petition against South Korea crypto tax hits 50K signatures amid exchange outflow pickup

Cindy Dutta1 month ago7 min read

South Korea crypto tax petition hits 50,000-signature mark A South Korean petition opposing the planned 22% tax on crypto investment gains has crossed the 50,000-signature threshold,…

P2P perps raise $50M yet DEX perpetual volumes flat – venture bets ahead of retail adoption

Dani Molton1 month ago6 min read

P2P perps raise $50M as volumes stay flat P2P-style perpetuals drew fresh venture backing this week even as trading activity across decentralized perps has remained uneven,…

SpaceX OpenAI paper valuations ignore treasury rolloff costs – illiquid mega-caps face rate reality

Caleb Fing1 month ago6 min read

OpenAI’s $500B valuation lifts private AI market bar OpenAI completed a $6.6 billion secondary share sale at a $500 billion valuation, Reuters reported, making the ChatGPT…

Kraken’s Dubai license quietly expands institutional reach as retail access lags

Cino Gaperi1 month ago7 min read

Kraken Wins Dubai Approval, Expands UAE Institutional Reach Kraken on Thursday said it has received regulatory authorization from Dubai’s Virtual Assets Regulatory Authority, a move that…

Agent banking raises $30M yet stablecoin supply flat – AI narrative outpacing on‑chain fuel

Gapster Innes1 month ago6 min read

Agent banking raises $30M as stablecoin supply stays flat A new $30 million funding round for agent banking marks another vote of confidence in AI-driven financial…

Standard Chartered cuts 15% of corporate roles

Cyrus Dailey1 month ago7 min read

Standard Chartered cuts 15% of corporate roles by 2030 Standard Chartered said on Tuesday it will cut more than 15% of corporate functions roles by 2030…

Bitcoin ETF outflows total $649 million in single day

Althea Burnett1 month ago5 min read

Bitcoin ETF Outflows Hit $649 Million in Single Day U.S. spot Bitcoin ETF outflows totaled $649 million on May 18, the largest single-day withdrawal from the…

South Korean funeral company records $33 million loss on ETH ETFs

Cabel Dioli1 month ago5 min read

South Korean Funeral Firm Posts $33M Loss on ETH ETF South Korean funeral operator Bumo Sarang has logged a paper loss of about 49.3 billion won,…

OpenAI’s Singapore lab funded but Asian crypto venture inflows drop 30% – AI capital crowding out crypto

Bitro Conwell1 month ago5 min read

OpenAI Opens Singapore AI Lab as Crypto Inflows Fall OpenAI has committed more than S$300 million, or about $234 million, to open its first applied AI…

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