Cryptocurrency Exchange
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X @Bloomberg
Bloomberg· 2025-12-02 01:39
After 13 years of running South Korea’s largest cryptocurrency exchange, Song Chi-hyung and Kim Hyoung-nyon have cemented their spots among the world’s wealthiest. https://t.co/4v9hOmPgWa📷: Dunamu Inc. https://t.co/tg9FkgeBr6 ...
X @Bloomberg
Bloomberg· 2025-12-01 22:10
After 13 years of running South Korea’s largest cryptocurrency exchange, Song Chi-hyung and Kim Hyoung-nyon have cemented their spots among the world’s wealthiest https://t.co/03IyyvbHjl ...
US stocks fall to their first loss in 6 days as bitcoin tumbles
Yahoo Finance· 2025-12-01 05:06
NEW YORK (AP) — U.S. stocks gave back some of last week’s rally, as bitcoin fell again on Monday. The S&P 500 slipped 0.5% and broke a five-day winning streak. The Dow Jones Industrial Average dropped 427 points, or 0.9%, and the Nasdaq composite dipped 0.4%. Last week’s rally was largely due to rising hopes that the Federal Reserve will cut its main interest rate next week to help shore up the slowing job market. Such hopes are still high, with traders betting on a roughly 85% chance the Fed will cut at ...
X @Wu Blockchain
Wu Blockchain· 2025-12-01 02:34
HashKey, Hong Kong’s largest regulated cryptocurrency exchange, is set to go public in Hong Kong. In 2024, the exchange recorded a trading volume of approximately $81.9 billion, revenue of around $92.6 million, and a loss of about $99.3 million. It holds roughly $212 million in cash and cash equivalents, along with $76 million in digital assets. https://t.co/uCoUaSijD4 ...
U.S. stocks lift on the last day of November as Wall Street eagerly awaits the results of Black Friday
Fortune· 2025-11-28 15:38
Market Performance - U.S. stocks opened with gains on the final trading day of November, with the S&P 500 rising 0.2%, the Dow Jones Industrial Average increasing by 138 points, and the Nasdaq gaining 0.3% [1] - Most tech stocks posted gains, including Meta Platforms rising 1.4% and Micron Technology adding 2.8%, while Nvidia fell 1% and Oracle dropped 2.3% [2] Cryptocurrency - Coinbase Global added 3.6% as bitcoin rose above $92,000 after previously dropping to around $81,000 last week, although it remains below its all-time high of approximately $125,000 set in early October [1] Federal Reserve Outlook - There is growing confidence among traders that the Federal Reserve will cut interest rates at its meeting ending on December 10, with a nearly 87% probability of a cut according to CME Group data [5] - Recent comments from Federal Reserve officials have bolstered this confidence, despite the central bank facing challenges with rising inflation and a slowing job market [6] Economic Data - The latest corporate earnings reports were mostly positive, but economic data has been mixed, indicating a complex economic environment [6] - In Asia, Japan's housing starts rose 3.2% in October year-over-year, defying expectations of a decline, while South Korea's industrial production fell 4% month-on-month in October [8]
X @Wu Blockchain
Wu Blockchain· 2025-11-28 13:48
KuCoin’s European subsidiary has secured a MiCA license in Austria, allowing it to offer regulated crypto-asset services across the entire EEA. Under MiCA’s passporting rules, firms licensed in one EU member state can operate in all 29 countries. The approval follows KuCoin’s recent registration with AUSTRAC in Australia. https://t.co/8TO3cHnUDz ...
X @Cointelegraph
Cointelegraph· 2025-11-28 10:00
🚨 UPDATE: Upbit parent Dunamu’s CEO Oh Kyung-seok has issued a public apology over the 44.5B KRW Upbit hack.He announced full reimbursement for affected users. https://t.co/23gZjXsmpM ...