Funding & Valuation - Lead Bank 完成 B 轮融资，筹集 70 million 美元，估值达到 1470 million 美元 [1] - Sora Ventures 计划建立 1 billion 美元的基金，投资亚洲的比特币国债公司 [1] Security Incident - 去中心化交易所 Bunni 发布了漏洞利用的事后报告，该漏洞导致 840 万美元的损失 [1] Regulatory Updates - 韩国金融服务委员会发布了关于中心化交易平台加密货币借贷服务的新指南 [1] Mining Operations - Thumzup Media Corporation 计划增加 3500 个 Dogecoin 矿机到其业务中 [1] On-Chain Activity - 一位以太坊 ICO 参与者通过三个地址转移了 15 万个 ETH 到一个质押地址 [1]

Regulatory Landscape - South Korea temporarily paused crypto lending [1] - Regulatory clarity push could set the standard for other nations [1] Industry Impact - The move towards regulatory clarity in South Korea could influence global crypto regulations [1]

Market Trends - South Korea's crypto lending pause follows a significant liquidation event [1] - The event underscores a global trend of increasing market leverage in the cryptocurrency space [1]

Regulatory Action - South Korea's Financial Services Commission (FSC) has ordered domestic exchanges to suspend all crypto lending programs, citing risks of user losses and operation in a legal gray zone [1] - Exchanges must comply with the FSC's order or face on-site inspections [1] - The FSC will allow existing contracts to be repaid or extended but has barred fresh lending [3] - The regulator plans to formalize digital asset lending with new guidelines once user safeguards are in place [3] Market Impact - Approximately 27,600 investors borrowed ₩1.5 trillion (approximately $1.1 billion) in the first month of one firm's lending program [2] - About 13% of the loans were liquidated due to price swings [2] - The FSC flagged market disruption, citing an abnormal USDT sell-off linked to the new lending services [2] Lending Program Details - Upbit allowed users to borrow up to 80% of their deposits against BTC, XRP, or USDT [2] - Bithumb offered loans worth up to four times collateral [2] Future Outlook - South Korea is shifting towards structured crypto regulation, preparing spot ETFs, easing institutional curbs, and drafting a stablecoin framework pegged to the won [3] - Leveraged lending is currently on pause but not ruled out in the future [3]

Regulatory Action - South Korea's Financial Services Commission (FSC) ordered domestic exchanges to suspend all crypto lending programs starting Tuesday [1] - The regulator stated that these products exist in a legal gray area and could lead to user losses [1] - The regulator warned exchanges to comply or risk on-site inspections [1]

Regulatory Action - South Korea's FSC ordered domestic exchanges to halt all crypto lending programs, citing legal gray areas and user loss risks [1] - Exchanges must comply with the suspension order or face on-site inspections [1] - The FSC will allow existing contracts to be repaid or extended but prohibits new lending [3] Market Impact - Approximately 27,600 investors borrowed ₩1.5 trillion (approximately $1.1 billion) in the first month of one firm's program [2] - About 13% of borrowers faced liquidation due to price swings [2] - The agency flagged market disruption, citing an abnormal USDT sell-off linked to the new lending services [2] Industry Response & Future Outlook - The crackdown follows the rapid rise of lending services launched in July [2] - Upbit allowed users to borrow up to 80% of their deposits against BTC, XRP, or USDT [2] - Bithumb offered loans worth up to four times collateral [2] - South Korea is shifting towards structured crypto regulation, preparing spot ETFs, easing institutional curbs, and drafting a stablecoin framework pegged to the won [3]

Regulatory Action - South Korea's FSC (Financial Services Commission) ordered local exchanges to halt all crypto lending services [1] - The halt is effective immediately and will remain in place until new rules are established [1]

Regulatory Action - South Korea orders crypto exchanges to halt crypto lending services [1] - The halt is until new guidelines are established [1]

Crypto Exchange Services - South Korea flags Upbit and Bithumb's crypto lending services [1] - South Korea flags Upbit and Bithumb's margin trading services [1]