Crypto World
Metaverse Development Company Building Virtual Real Estate Ecosystems
For a few years, metaverse digital real estate was treated like a gold rush. Headlines focused on million-dollar virtual land sales, celebrity plots, and speculative flipping. Many enterprises watched from the sidelines, unsure whether this was innovation or hype. Today, the conversation has matured.
Forward-thinking organizations are no longer asking “Should we buy virtual land?”
They’re asking “How can virtual real estate support our business model?”
That shift changes everything.
Metaverse digital real estate is evolving from a speculative asset into a strategic digital infrastructure layer, one that supports commerce, customer engagement, brand presence, and new revenue channels. Moreover, enterprises that understand this transition are beginning to build long-term advantages.
Analytics from DappRadar indicate that virtual land sales in leading metaverse platforms surpassed $1.6 billion in 2022, reflecting continued demand for digital real estate even amid market fluctuations. This gives a clear indication of the opportunity in the market in the time to come.
What Metaverse Digital Real Estate Really Means
Virtual real estate is not just a 3D parcel on a map. In a business context, it is:
- A persistent digital environment
- A programmable commercial space
- A branded engagement hub
- A community ecosystem
- A revenue-generating digital asset
Think of it less like buying land and more like owning prime digital territory where your audience interacts, shops, learns, and socializes. Just as websites and mobile apps became essential digital assets in the past decade, immersive environments are emerging as the next layer of digital presence.
The difference?
These spaces are experiential, interactive, and monetizable in ways traditional platforms are not.
Why Enterprises Are Taking Virtual Real Estate Seriously
1) Persistent Brand Presence
Unlike campaign-based digital marketing, metaverse spaces are persistent. Your environment exists 24/7 as a branded world users can revisit.
Enterprises use this for:
- Virtual showrooms
- Product demos
- Immersive brand storytelling
- Community hubs
This helps create long-term brand recall rather than one-time impressions.
2) Immersive Commerce Opportunities
Virtual real estate enables experiential commerce. Instead of browsing a catalog, users explore environments, interact with products, and engage socially.
A few of the prominent examples include:
- Virtual retail stores
- Digital product launches
- NFT-backed collectibles
- Token-gated experiences
This blurs the line between entertainment and commerce, a powerful driver of engagement & sales.
3) New Revenue Models
Well-designed metaverse environments can generate revenue through:
- Digital asset sales
- Event hosting
- Advertising placements
- Premium experiences
- Membership ecosystems
- Virtual leasing spaces
In other words, digital real estate can become an income-producing asset, not just a marketing experiment.
4) Community Ownership & Loyalty
Blockchain-enabled virtual real estate allows fractional ownership, governance tokens, and user participation. When users feel ownership, they stay longer. When they stay longer, ecosystems grow stronger. Here enterprises benefit from:
- Higher retention
- Community advocacy
- Organic growth loops
Looking for Metaverse Real Estate Development Services?
The Real Risk: Not Strategy, But Execution
Many early metaverse projects failed not because the concept was wrong but because execution was poor. Some of the most common pitfalls include:
- Empty virtual spaces with no utility
- Weak user experience design
- No monetization logic
- Scalability issues
- Lack of interoperability
- No long-term roadmap
Buying land without building value on it is like owning a mall with no stores. This is where strategy and development expertise matter.
From Buying Land to Building Platforms
Smart enterprises are moving away from simply purchasing parcels on third-party platforms. Instead, they are:
- Building their own environments
- Creating branded virtual ecosystems
- Designing commerce-ready spaces
- Integrating blockchain ownership layers
- Developing scalable metaverse infrastructure
This approach provides control, flexibility, and long-term ROI. However, enterprises need to keep in mind that choosing the right metaverse development company is the key to success.
What a Metaverse Development Company Actually Enables
Serious and strategic metaverse real estate development services do not represent a design project, it’s a technology, product, and business initiative.
A professional metaverse development company helps enterprises with:
1. Infrastructure Design
Building scalable, high-performance environments capable of supporting large user bases.
2. Blockchain Integration
Enabling asset ownership, NFTs, tokenization, and secure transactions.
3. Experience Design
Crafting environments users actually want to explore and return to.
4. Monetization Architecture
Designing revenue models that align with business goals.
5. Security & Compliance
Ensuring safe asset management and data integrity.
6. Long-Term Scalability
Planning for growth, updates, and evolving use cases.
Without these pillars, virtual real estate remains an experiment instead of becoming a business asset.
Who Should Invest in Metaverse Digital Real Estate?
This space is especially relevant for:
- Retail and eCommerce brands
- Real estate developers
- Gaming companies
- Education providers
- Event and entertainment firms
- Luxury and lifestyle brands
- Enterprises building digital communities
If your business depends on engagement, experience, or community, virtual real estate has strategic potential.
Why Early Builders Gain an Advantage
Just like early website adopters dominated search and early app adopters captured mobile markets, early metaverse builders gain:
- Category authority
- Prime digital positioning
- Community loyalty
- Ecosystem control
- Learning curve advantages
Waiting until the market is saturated increases costs and reduces differentiation. The key is not rushing blindly but building strategically.
Conclusion
It is ideal to approach virtual real estate as a business infrastructure project, not a speculative venture. Antier, as a leading metaverse development company helps enterprises:
- Design immersive branded environments
- Build blockchain-enabled ownership layers
- Develop commerce-ready virtual spaces
- Create scalable metaverse platforms
- Launch monetizable digital ecosystems
The focus is always on utility, scalability, and ROI. It is because in the long run, the value of virtual real estate comes from what you build on it, not what you pay for it.
Metaverse digital real estate is moving past speculation. It is becoming a strategic channel for digital presence, engagement, and revenue. Enterprises that treat it as infrastructure and just not hype will be the ones that capture real value. So, the ultimate question is no longer “Is virtual real estate real?” It’s “How will your business use it?”
Frequently Asked Questions
01. What is metaverse digital real estate?
Metaverse digital real estate refers to virtual spaces in a digital environment that serve as persistent, programmable commercial areas for brand engagement, community interaction, and revenue generation.
02. Why are enterprises investing in virtual real estate?
Enterprises are investing in virtual real estate to establish a persistent brand presence, create immersive commerce opportunities, and build long-term advantages in customer engagement and revenue channels.
03. How much did virtual land sales in leading metaverse platforms exceed in 2022?
Virtual land sales in leading metaverse platforms surpassed $1.6 billion in 2022, indicating strong demand for digital real estate despite market fluctuations.
Drift Protocol, a decentralized cryptocurrency exchange (DEX), detected “unusual” trading activity on the platform on Wednesday, warning users not to deposit funds until the issue has been resolved.
The Drift team did not disclose the specific cause of the ongoing incident or the damage in its initial announcement and is currently investigating the issue.
In a subsequent update, the Drift team announced that deposits and withdrawals on the platform have been suspended.
Blockchain cybersecurity threat researcher Vladimir S said the exploit was likely due to a crypto wallet private key leak, and the total funds lost in the incident could be as high as $200 million.
“Admin signer was compromised, or whoever controls it intentionally executed these changes,” he said.
The stolen assets include wrapped versions of Bitcoin (BTC), Jito (JTO), the Fartcoin (FRT) memecoin, other altcoins, and various dollar, euro, and Japanese yen stablecoins, which have since been transferred to multiple wallets, according to Vladimir S.
The exploiter started converting the stolen assets to the USDC (USDC) stablecoin, bridging the funds to the Ethereum network and purchasing Ether (ETH), according to Solana treasury company DeFi Development Corp.
Cointelegraph reached out to Drift Protocol but did not receive an immediate response by the time of publication.
Cybersecurity exploits and hacks were responsible for $49 million in crypto losses during February, a sharp decrease from January, but a reflection of the ongoing security threats users and platforms face.
Related: Resolv temporarily halts protocol to ‘contain the impact’ of 80M USR exploit
Drift token impacted by the exploit
The price of the Drift (DRIFT) token briefly reached $0.68 on Wednesday, but fell by about 18% following news of the exploit, according to data from CoinMarketCap.
About 83% of the native crypto tokens of hacked platforms never recover to pre-hack prices, according to blockchain security company Immunefi.
“The stolen funds are only the first layer of damage,” Immunefi CEO Mitchell Amador told Cointelegraph in March.
“What follows is often more destructive: sustained token price suppression, reduced treasury capacity, leadership disruption, lost development time, and erosion of user trust,” he added.
Magazine: WazirX hackers prepped 8 days before attack, swindlers fake fiat for USDT: Asia Express
Crypto World
Paradigm Is Building a Prediction Markets Trading Terminal Targeting Professional Traders
TLDR:
- Paradigm partner Arjun Balaji has been leading the trading terminal project since late 2025 for pro traders.
- The firm is exploring prediction market indexes by bundling multiple markets into one single tradable product.
- Kalshi, backed by Paradigm, has raised at least $1 billion, pushing its valuation to a record $22 billion.
- Paradigm is raising up to $1.5 billion for a new fund expanding beyond crypto into AI and robotics sectors.
Paradigm, the prominent crypto venture capital firm, is developing a prediction markets trading terminal, sources say.
Partner Arjun Balaji has been leading the project since late 2025. The terminal targets professional traders and market makers. Paradigm has declined to comment on the initiative.
This move comes as mainstream financial institutions rush to capitalize on prediction markets’ growing popularity across sports, elections, and crypto pricing.
Paradigm Eyes Market-Making and Index Products
Beyond the trading terminal, Paradigm is weighing whether to establish an internal market-making desk. Two sources confirmed the firm has actively discussed this possibility. A market-making desk would position Paradigm as a direct participant, not just an infrastructure builder.
Separately, a third source says Paradigm is working with researchers on prediction market indexes. The concept involves bundling multiple prediction markets into one tradable product.
This mirrors how the S&P 500 packages hundreds of stocks into a single instrument. The firm has already started collecting prediction market data into a public dashboard.
Sources familiar with the matter noted that Balaji has been working on the terminal project since late 2025. They spoke on condition of anonymity to discuss private business dealings. Paradigm’s spokesperson declined to comment when approached for a response.
This activity places Paradigm squarely inside a rapidly growing sector. Prediction markets have become one of Silicon Valley’s most discussed areas over the past year. Traditional financial players are also moving in, adding further competitive pressure.
Kalshi and Polymarket Drive Sector Valuations Higher
Paradigm has been a consistent backer of Kalshi, one of the two dominant prediction market platforms. The firm joined three successive Kalshi fundraising rounds in 2025. Paradigm also led a December round that valued Kalshi at $11 billion.
Kalshi has since raised at least $1 billion in new financing, bringing its valuation to $22 billion. Paradigm co-founder Matt Huang sits on Kalshi’s board of directors.
One source confirmed that Paradigm’s trading terminal is “not competitive with Kalshi’s platform,” drawing a clear line between the two products.
Rival platform Polymarket is also seeing sharp valuation growth. The Wall Street Journal reported Polymarket is in talks to raise at a roughly $20 billion valuation.
A new venture firm focused entirely on prediction markets has also emerged, backed by the CEOs of both platforms.
Paradigm’s prediction markets push fits within a wider expansion beyond crypto. The firm is raising up to $1.5 billion for a new fund covering AI and robotics alongside digital assets.
The Wall Street Journal recently reported on the fund’s broader scope, marking a clear shift in Paradigm’s investment direction.
EDX Markets, an institutional crypto exchange, has applied to the US Office of the Comptroller of the Currency (OCC) to establish a national trust bank that would provide crypto custody, asset management and trade-settlement services.
The proposed entity, EDX Trust, would operate as a non-depository national bank, separating custody and settlement from trading while continuing to route order matching through EDX’s existing platform.
In its application, the company said the model is intended to address structural risks in crypto markets, where trading, custody and brokerage are often combined within a single platform, creating potential conflicts of interest and single points of failure.
EDX said the trust bank would provide fiduciary asset management services, invest client cash and stablecoin balances in highly liquid assets, and facilitate trading through a riskless principal model with end-of-day net settlement.
The bank would operate online from Chicago and target institutional clients such as broker-dealers, futures commission merchants and registered investment advisers, according to the filing.
EDX said moving these functions into an OCC-chartered entity would allow it to offer services nationwide under a single regulatory framework while meeting custody requirements for regulated institutions.
Founded in 2022, EDX Markets is backed by traditional market participants including Citadel Securities, Virtu Financial, Fidelity Digital Assets and Hudson River Trading.
Related: Fed’s Barr backs stablecoin clarity but warns of run risks
Crypto companies seek US bank charters
The application comes as crypto and financial companies increasingly pursue national trust bank charters to expand institutional services under federal oversight.
Earlier this month, Zerohash, a blockchain infrastructure company, applied for a US national trust bank charter to expand its stablecoin and custody services for banks, brokerages and fintechs.
Other recent applicants include Coinbase, which applied in October and is still awaiting a decision, as well as Laser Digital and Payoneer, which filed applications earlier this year to expand custody and stablecoin-related payment services.
Traditional financial institutions are also entering the space. In February, Morgan Stanley applied for a de novo trust bank charter to support digital asset services through a separate entity.
At the same time, the OCC has continued approving applicants, issuing conditional licenses last month to Bridge, Stripe and Crypto.com, following approvals in December for Ripple Labs, Circle Internet Group, Fidelity Digital Assets, Paxos and BitGo.
However, the pace of approvals has drawn scrutiny. In February, the American Bankers Association urged the OCC to slow the process, citing unresolved oversight under pending US stablecoin legislation.
Crypto World
Ripple Treasury Becomes First TMS to Offer Native Digital Asset Capabilities for Corporate CFOs
TLDR:
- Ripple Treasury is the first TMS to embed native digital asset capabilities directly into an enterprise platform.
- Digital Asset Accounts support XRP and RLUSD with 15-decimal precision and automated real-time transaction recording.
- Unified Treasury connects multiple custodians via ClearConnect, giving CFOs one real-time dashboard for all positions.
- Ripple’s 2026 survey found 72% of finance leaders say a digital asset solution is now needed to stay competitive.
Ripple Treasury has officially launched Digital Asset Accounts and Unified Treasury. The launch marks the first native digital asset capabilities embedded in an enterprise treasury management system.
CFOs and their teams can now view, hold, and manage both fiat and digital assets in one place. It follows Ripple’s 2025 acquisition of GTreasury, which brought over 40 years of enterprise treasury expertise. Multiple customers completed beta testing ahead of the April 1 global launch.
Digital Asset Accounts Integrate Onchain Balances Into Enterprise Treasury Workflows
Digital Asset Accounts allow treasury teams to create and manage a regulated digital asset account directly within the platform.
No external setup, third-party custody relationship, or separate system is required. XRP and Ripple USD (RLUSD) balances appear alongside cash accounts in real time.
The platform applies live fiat valuation, refreshed within seconds of each transaction. Exchange rates come from leading market data providers and update automatically.
The system also works across multiple data providers simultaneously, maintaining accuracy during volatile market conditions. Teams no longer need manual calculations or separate tools for valuation.
Transactions are recorded with 15-decimal precision, capturing onchain amounts exactly as they exist. This prevents rounding errors that typically cause reconciliation gaps.
An automated audit trail is generated for every transaction, supporting finance and control teams. Treasury managers maintain full control of records without relying on external reconciliation tools.
Each record captures the native notional amount, fiat equivalent, and market price at the moment of the event. This provides a complete, time-stamped transaction history without manual data entry. The automated recording process also supports compliance across multiple reporting frameworks.
Renaat Ver Eecke, SVP of Ripple Treasury, spoke on the shift in how CFOs now approach digital assets. “Digital assets have arrived at the CFO’s desk, and the question has shifted from whether to engage to how to do so advantageously without disrupting existing operations,” he said.
He added that the platform gives the office of the CFO a trusted place to hold and manage digital and fiat assets, with no separate interface or new workflows needed.
Unified Treasury Gives CFOs Real-Time Visibility Across All Liquidity Positions
Unified Treasury consolidates digital asset and cash positions into a single real-time dashboard. Teams holding assets across multiple custodians can connect providers through Ripple Treasury’s ClearConnect connectivity layer.
This layer is the same one already used for existing bank integrations within the platform. No new infrastructure or changes to current banking arrangements are required.
API connectivity to digital asset providers can be completed in minutes through the platform. Once connected, balances reflect automatically as transactions occur onchain.
Treasury teams no longer depend on manual imports or batch data processing to see positions. This also eliminates delays that have made digital asset reporting difficult for corporate finance teams.
Market rates are applied to digital asset balances in the reporting currency of each organization’s choice. No separate data sources or manual currency conversions are required.
The entire process runs automatically within the system, streamlining day-to-day operations. This gives treasury teams in different regions a consistent reporting experience.
Mark Johnson, VP of Global Product at Ripple Treasury, described the core design principle behind both capabilities. “The design principle behind both capabilities is that digital assets should behave exactly like cash within the platform,” he said.
Johnson further noted that treasury teams should not have to think about whether a balance is onchain or in a bank account. “They should simply see their position,” he added.
Ripple’s 2026 survey of 1,000+ global finance leaders found that 72% now consider a digital asset solution a competitive necessity.
Most, however, lack a starting point that fits within current workflows. Stablecoins processed $33 trillion in volume last year, rising 72% from 2024, showing strong demand already in the market.
New Hampshire’s Bitcoin-backed municipal bond receives Ba2 rating from Moody’s, marking the first instance of a public finance instrument backed by cryptocurrency.
Key takeaways
- Jesse Spiro of Tether is poised to chair Fellowship PAC, a crypto-backed political committee planning endorsements for the 2026 U.S. midterms.
- The group claims to have raised over $100 million from crypto-aligned backers, though transparency around contributors remains limited.
- The Fellowship PAC filed with the U.S. Federal Election Commission on Aug. 7 and had reported no contributions or expenditures as of Dec. 31, raising questions about funding sources and operational timeline.
- Industry politics are intensifying as lawmakers weigh digital-asset regulation alongside debates over stablecoins, with broader implications for the sector’s political leverage.
Industry money and the evolving political playing field
Beyond U.S. politics, observers point to a broader question: will political engagement by the crypto sector translate into tangible regulatory outcomes, or will it primarily serve as signaling to markets and builders? The coming months should reveal how the Fellowship PAC, and others like it, balance signaling with real-world policy influence, particularly as the Senate weighing of the CLARITY Act remains unsettled and as discussions around stablecoins and digital-asset markets continue to evolve.
Cointelegraph and other outlets will continue monitoring filings, endorsements, and the evolving regulatory dialogue to assess how these political moves might shape the crypto landscape through 2026 and beyond.
Readers should watch for developments on who funds Fellowship PAC, how its endorsement strategy unfolds, and whether the Senate reopens consideration of digital-asset reform in a way that aligns with or counters the industry’s political ambitions.
Regulatory crossroads: stablecoins, yield, and the CLARITY Act
What to watch next in the 2026 cycle
Bitcoin held steady near the $68,000 range on Wednesday as markets braced for a key speech from President Donald Trump on the Iran war. Reports suggest Trump may signal that the conflict is nearing an end, possibly within weeks, while framing recent actions as a strategic success.
However, despite the “war ending soon” narrative gaining traction, Bitcoin’s intraday data shows a more cautious market beneath the surface.
Rallies Sold, Not Built
Cumulative Volume Delta (CVD) shows a clear trend: sellers dominated most of the day.
After an early push higher, CVD steadily declined into negative territory. This means more aggressive sell orders hit the market than buys. In simple terms, traders used price strength to exit positions rather than build new ones.
Even during small recoveries later in the day, selling pressure continued. That signals weak conviction behind the upside.
Volume Confirms Distribution
On-Balance Volume (OBV) tells a similar story.
While Bitcoin’s price moved sideways for much of the session, OBV trended lower. This divergence suggests that volume flowed out of the asset, not into it.
Put simply, the market was not accumulating Bitcoin. Instead, it was quietly distributing, with sellers outweighing buyers over the full session.
Late Buyers Step In — But Lightly
Chaikin Money Flow (CMF) adds a final layer.
The indicator flipped slightly positive toward the end of the day, showing that some buyers stepped in during the final hours. However, the move remained modest and inconsistent.
This suggests dip-buying activity, but not strong or sustained demand.
Market Prepares, But Doesn’t Commit
Taken together, the data points to a market positioning defensively.
Bitcoin appears to be pricing in the possibility of de-escalation. Yet traders are not aggressively betting on a breakout. Instead, they are selling into strength and waiting for confirmation.
The pattern aligns with a broader “sell the news” setup.
A Narrative Priced In — But Not Trusted
If Trump confirms a near-term end to the conflict, markets may react positively at first. However, Bitcoin’s flow data suggests that much of this expectation is already priced in.
For now, the market is not chasing the narrative. It is preparing for it — cautiously.
The post Bitcoin is Positioning for ‘War is Ending’ Narrative Ahead of Trump’s Iran Speech appeared first on BeInCrypto.
Square is waiving processing fees for Bitcoin payments at US merchants for two years, with instant dollar conversion to reduce adoption barriers.
Key takeaways:
-
A Hyperliquid whale placed an $80 million bet against Bitcoin and the S&P 500 while going long on Brent crude oil prices.
-
The whale’s history of massive losses and inconsistent signals suggests the trade could fall on the wrong side of the market.
Bitcoin (BTC) showed strength on Wednesday, bouncing back from Tuesday’s $66,000 low after President Donald Trump teased a potential ceasefire in the US and Israel-Iran war. Even with Bitcoin trading above $68,000, one whale used Hyperliquid DEX to place an $80 million bet on a market collapse.
Traders are now watching closely to see if this whale’s massive position signals a looming Bitcoin price drop.
The Hyperliquid whale, linked to address 0x94d373…c933814, carefully built this nearly $80 million leveraged position between Tuesday and Wednesday. The trade includes a $40 million short (sell) on Bitcoin futures near $68,760, a $2 million short on synthetic S&P 500 Index contracts, and a $37 million long (buy) in synthetic Brent oil contracts.
The whale’s aggregate position leverage stood at 7 times, indicating high conviction. The Bitcoin futures liquidation price was $80,083, while the Brent oil position would be forcefully terminated above $93. The timing of the trade is curious as S&P 500 Index futures gained 4% between Tuesday and Wednesday as traders anticipate the US and Israel-Iran war dissipating over the next few weeks.
On Wednesday, President Trump said “Iran’s New Regime President” is considering a “ceasefire,” although the conditions to fully reopen the Strait of Hormuz remain unknown. Iran demands reparations and sovereignty. Thus, one could assume that the Hyperliquid whale is counter-trading the market’s optimistic take, betting that Brent crude oil prices will jump while Bitcoin loses its value.
This Hyperliquid whale previously lost $40 million
This address belongs to a particularly unlucky whale, or at least one who has been extremely unsuccessful since late January. The Hyperliquid whale apparently uses bots for execution, given the sheer number of small trades that build into huge positions, but it still managed to lose $37 million in its first month of activity in December 2025.
The same user was flagged by X user ‘lookonchain’ on Feb. 5 after taking a massive loss on leveraged bullish bets on Ether (ETH), Bitcoin, Solana (SOL), and XRP (XRP).
According to the analysis, the whale had previously made $25 million in profits from shorts in multiple cryptocurrencies, but decided to flip the position on Feb. 4, resulting in a $40 million loss. There is no way to know exactly what triggered this entity to place those bets, but the event proves that even whales can misinterpret the market.
Related: Warren Buffett bought $17B in US T-bills: A bad omen for Bitcoin price?
The erratic signals from President Trump regarding a potential full-on invasion and the war in Iran leave room for opposing views. Iranian Foreign Minister Abbas Araghchi denied there were talks for a ceasefire but confirmed to Al Jazeera on Tuesday that there was an intention to end the war, according to CNBC.
Given the history of this whale’s market positioning and its track record of losing trades, it’s possible that the current $80 million bet may fall on the wrong side of the market.
This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research before making any decisions. Cointelegraph makes no guarantees regarding the accuracy or completeness of the information presented, including forward-looking statements, and will not be liable for any loss or damage arising from reliance on this content.
According to the company CFO, Bithumb was “strengthen[ing] accounting policies and internal controls” ahead of its IPO plans, already delayed from 2025.
South Korea-based cryptocurrency exchange Bithumb is reportedly expecting its initial public offering (IPO) sometime after 2028, in another delay after restructuring and regulatory hurdles.
According to a Tuesday report from Maeil Business News Korea, a Bithumb official said that it would “focus on preparing for the listing until 2027.” CFO Jeong Sang-gyun said at the company’s annual shareholder meeting that Bithumb was “strengthen[ing] accounting policies and internal controls” following an IPO advisory contract with Samjong KPMG.
Shareholders reconfirmed CEO Lee Jae-won for a two-year appointment at the Tuesday meeting, but the delayed IPO timeline was the latest after Bithumb initially expected a 2025 listing. Under Lee, the exchange faced a six-month suspension and a $24 million fine from South Korean authorities for alleged anti-money-laundering violations.
A major South Korean exchange going public could impact local markets and crypto adoption in the country. Dunamu, the operator of crypto exchange Upbit, is reportedly planning an IPO following a share swap with Naver Financial, expected in September.
Related: South Korea tax agency seeks private crypto custodian after security lapses
Bithumb made headlines in February after the exchange mistakenly credited many users with about 2,000 Bitcoin (BTC) instead of 2,000 South Korean won. The error briefly created internal balances totaling more than $40 billion, though most of the funds existed only on the exchange’s internal ledger and were later reversed.
Mixed signals in South Korea’s crypto policy shift
Lee Jae-myung took office as South Korea’s president in June 2025, and his political party quickly moved to introduce legislation on the issuance of payment stablecoins.
South Korean lawmakers initially proposed a tax hike on crypto gains expected to take effect in 2021. However, the measure has faced repeated delays and may be scrapped entirely, according to reports from March.
As of March 2025, an estimated 16 million South Koreans held accounts on crypto exchanges.
Weezer’s Rivers Cuomo Graduated From This Ivy League School at the Height of Their Fame
Trump gets his way as UK gets more entangled with Iran war
Artemis II system fault repaired as launch ‘all systems go’
-
News Videos7 days agoParliament publishes latest register of MPs’ financial interests
-
Business6 days agoInstagram, YouTube Found Responsible for Teen’s Mental Health Struggle in Historic Ruling
-
Tech6 days agoIntercom’s new post-trained Fin Apex 1.0 beats GPT-5.4 and Claude Sonnet 4.6 at customer service resolutions
-
NewsBeat5 days agoThe Story hosts event on Durham’s historic registers
-
Sports5 days agoSweet Sixteen Game Thread: Tide vs Michigan
-
Entertainment2 days ago
Fans slam 'heartbreaking' Barbie Dream Fest convention debacle with 'cardboard cutout' experience
-
Entertainment4 days agoLana Del Rey Celebrates Her Husband’s 51st Birthday In New Post
-
Crypto World1 day ago
Dems press CFTC, ethics board on prediction-market insider trades
-
Tech3 days agoThe Pixel 10a doesn’t have a camera bump, and it’s great
-
Sports1 day agoTallest college basketball player ever, standing at 7-foot-9, entering transfer portal
-
Crypto World3 hours agoGold Price Prediction: Worst Month in 17 Years fo Save Haven Rock
-
Tech2 days agoEE TV is using AI to help you find something to watch
-
Entertainment7 days agoHBO’s Harry Potter Series Will Definitely Fail For One Big Reason, And It’s Not J.K. Rowling Or Snape
-
Tech2 days agoApple will hide your email address from apps and websites, but not cops
-
Tech2 days agoHow to back up your iPhone & iPad to your Mac before something goes wrong
-
Tech2 days agoFlipsnack and the shift toward motion-first business content with living visuals
-
Fashion6 days agoEn Vogue in Brown Leather and Tailored Neutrals by Atelier Savoir, Styled by J Bolin
-
Politics2 days agoShould Trump Be Scared Strait?
-
Crypto World2 days agoU.S. rule change may open trillions in 401(k) funds to crypto
-
Fashion5 days agoWeekly News Update, 3.27.26 – Corporette.com
You must be logged in to post a comment Login