Binance is currently facing the heat in South Korea. On 20 October 2025, Min Byung-dug, a South Korean lawmaker asked regulators if Binance is going to pay up investors affected by GOPAX’s GoFi fund going under. GOPAX offered GoFi as a high-yield crypto deposit solution. However, after FTX went down in 2022, roughly $106 million in consumer funds where frozen. This affected around 3000 users and so far, there is no solution in sight. Now that Binance has acquired GOPAX, the onus falls on the parent compa ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Coinbase has purchased angel investment platform Echo for approximately $375 million in cash and stock with the intention of building fundraising tools for its users, the cryptocurrency exchange said Tuesday. Echo, which enables founders to raise funds directly from their community through either private sale or by self-hosting a public token sale, launched in March ...

American cryptocurrency exchange Coinbase has acquired Echo, an on-chain capital raising platform. The firm made this move to create more accessible, efficient, and transparent capital markets, especially as founders now struggle to raise funds. Coinbase plans to integrate Echo’s tool suite to cater to this shortcoming. Coinbase to Leverage Echo’s Tools and Infrastructures On Oct. 21, Coinbase announced the acquisition of Echo, which offers a platform for communities to invest together and provides found ...

Corporate Finance and M&A Activity - Coinbase (COIN) is set to acquire the crypto-investing platform Echo for approximately $375 million, marking its eighth acquisition this year and reflecting its active expansion amid favorable U.S. cryptocurrency policies [2][9] - Hon Hai Precision Industry Co. Ltd., a key supplier for Apple (AAPL), has mandated banks for its inaugural Euro bond sale, which could provide new capital to support operations and expand capabilities within the global technology supply chain [3][9] Q3 2025 Earnings Season Highlights - Elevance Health (ELV) reported adjusted earnings per share (EPS) of $6.03, significantly exceeding the estimated $4.93, with revenue of $50.09 billion surpassing the $49.38 billion estimate, although medical membership was slightly below projections [4][9] - Danaher (DHR) posted adjusted EPS of $1.89 against an estimated $1.72, with revenue of $6.1 billion exceeding the $6.01 billion estimate, reaffirming its full-year adjusted EPS outlook in the range of $7.70 to $7.80 [5][9] Currency Markets and European Politics - The USD/JPY currency pair extended its gains by 0.8% to reach a one-week high of 151.95, reflecting ongoing dynamics in global foreign exchange markets [6][9] - French President Emmanuel Macron reiterated the possibility of a referendum on pension reform, emphasizing its importance despite recent indications from Prime Minister Sebastien Lecornu to suspend the reform until after the 2027 presidential elections [7][9]

Core Insights - Upbit, South Korea's largest cryptocurrency exchange, has listed Synfutures (F) on its Korean Won market, marking the second consecutive day of new listings [1] - Following the announcement, Synfutures' price surged over 121.1%, reaching $0.01474, a 58.2% increase from the previous day [2] Company Overview - Synfutures operates as a decentralized derivatives exchange (DEX) with a fully on-chain Automated Market Maker (AMM) called 'Oyster AMM,' designed to maximize liquidity efficiency [3] - The platform supports perpetual futures trading on various assets, including cryptocurrencies and Real World Assets (RWA) like WTI crude oil and Gold, with its native token (F) used for staking and governance [4] Market Position - Synfutures has quickly become a leading derivatives exchange, capturing approximately 80% of the trading volume on Coinbase's Base chain, positioning itself alongside top-tier DEXs like dYdX and Uniswap [5] - The platform is expanding its utility by integrating GameFi and NFT markets through its NFT derivatives platform, NFTunes, with future plans for AI-driven predictive trading features [6] Trading Activity - Upbit supports F token trading on the Ethereum network and has advised users to verify the network before depositing tokens, noting that the listing timeline may be delayed if liquidity is insufficient [7] - Despite a downturn in the broader cryptocurrency market, the Upbit listing has led to a ninefold increase in F's trading volume within three hours of the listing, indicating strong investor interest [8]

South Korea’s second-largest crypto exchange Bithumb will list ZORA and RECALL with KRW trading pairs. Zora is an open-source decentralized NFT protocol, while Recall is a decentralized platform building an on-chain network for AI agents to store, share, and trade knowledge.https://t.co/JtypEDGbMY ...

Key Points These two stocks have benefited from booming trends in artificial intelligence and cryptocurrency. Both sport relatively high valuations with significant uncertainty regarding future earnings power. 10 stocks we like better than Palantir Technologies › The current bull market has been extremely resilient as it enters its fourth year. Growth stocks have powered the S&P 500 88% higher since the market bottomed in October 2022, and they've exhibited particular strength since the April corre ...

South Korea’s largest crypto exchange, Upbit, has announced that it will list ZORA trading pairs against KRW, BTC, and USDT. Zora is a social Web3 platform.https://t.co/jt3t65T5Jt ...

🫰Coin Bureau (@coinbureau):🚨BINANCE BACK IN SOUTH KOREA!🇰🇷Binance has reportedly completed its acquisition of local crypto exchange Gopax. https://t.co/C9RXO61GA6 ...

U.S.-listed cryptocurrency exchange Coinbase (COIN) is introducing a platform for stablecoin payments to enable businesses to send and receive USDC, the company said on Thursday. Named simply "Coinbase Business," the new set of tools will simplify vendor payments, eliminate chargebacks, and offer seamless API integrations, empowering businesses to scale efficiently, the exchange said. USDC balances held in Coinbase Business earn 4.1% APY, and can be cashed out on demand to a linked business bank account ...