DeFi Protocols Surge Over 50% in November
November is closing, and native tokens from various decentralized finance (deFi) protocols are experiencing gains exceeding 50%, pushing DeFi’s total value back to levels last seen in 2021. Data from the Tie Terminal indicates that tokens issued by Curve Finance, Athena, and Lido have experienced some of the most significant market capitalization gains over the […]
Altcoins to Avoid Trading as $270M Token Unlocks Next Week
A total of $270 million in tokens will be unlocked, which may lead traders to avoid trading these altcoins due to potential risks. The upcoming week will see a significant token unlock event in the cryptocurrency market, with Sui (SUI) being one of the prominent tokens affected. Tokens with a total value of $270 million […]
South Korea’s Crypto Crackdown To Delay Global Market Recovery
As South Korean regulators limit crypto trading and pressure exchanges to monitor unusual activities, crypto market recovery may be delayed. The South Korean regulatory crackdown on cryptocurrency has put major pressure on crypto trading and exchanges, increasing traders’ uncertainties. However, the action comes as South Korean officials work to improve regulations under the new digital […]
South Korea’s Inspection of 600 Tokens Sparks Panic Among Altcoins
South Korean exchanges‘ inspection of 600 tokens post-virtual asset law implementation next month triggers panic and altcoin price declines, despite government assurances of non-involvement. A South Korean news outlet has announced that 600 tokens will be inspected by exchanges following the implementation of the virtual asset law, which is scheduled to take place next month. […]
South Korea May Delist 600 Altcoins Under New Law
South Korean financial authorities may delist about 600 altcoins this year under the new Virtual Asset User Protection Act. According to Korean news medium Dnews, which cites sources familiar with the situation, South Korea’s financial authorities will start re-evaluating more than 600 cryptocurrency listings on local trading platforms in July after the implementation of the […]