24/7 Blockchain industry dynamics and breaking crypto news
On-chain data reveals a trader liquidated over 21,000 SOL tokens after holding for more than two years, resulting in a $1.05 million loss. Despite earning staking rewards, it couldn't offset the market downturn, highlighting the significant risks of long-term crypto holding.
Read MoreMajor Korean exchange Upbit has announced the listing of TRAC with three new trading pairs: KRW, BTC, and USDT. This expansion enhances trading flexibility and is expected to boost liquidity and investor interest in TRAC.
Read MoreJapan's preliminary Q1 GDP data is expected to show moderate growth, driven by recovering exports to the U.S. and solid domestic consumption. However, rising oil prices and supply constraints pose future economic risks.
Read MoreA crucial US crypto market structure bill faces a narrow window for passage before August. Failure could delay it until after the midterm elections, prolonging regulatory uncertainty. Its success would provide clarity, notably classifying Bitcoin as a commodity.
Read MoreTencent is testing Paozi AI, a tool that lets users instantly import WeChat articles into a personal knowledge base, turning saved content into searchable, queryable structured information for efficient management.
Read MoreSamsung Electronics' union will proceed with its planned strike despite a partial court injunction favoring the company. The union respects the ruling, vowing not to disrupt production, highlighting its firm stance in wage negotiations and signaling a pivotal moment in labor relations.
Read MoreA recent security report reveals at least 8 major cross-chain bridge attacks between February and May 2026, resulting in staggering losses of approximately $328.6 million. The analysis underscores that bridging infrastructure remains a prime target for hackers as multi-chain ecosystems expand.
Read MoreA seasoned investor emphasizes that successful investing hinges on discipline over emotion, advocating patience amid market turmoil. He outlines five critical structural challenges facing the crypto industry, suggesting true opportunities emerge from peak fear.
Read MoreMidday crypto recap: Kelp DAO adjusts cross-chain support, PYTH faces unlock pressure. On-chain signals point to tightening Bitcoin supply. Macro risks emerge from Korean crypto tax plans and escalating geopolitical tensions.
Read MoreS&P Global Ratings suggests JD.com may face growth challenges in coming quarters. While Q1 retail outperformed, reduced promotions could slow growth. Intense competition in delivery, especially during peak seasons, necessitates more targeted strategies to manage losses.
Read MoreA South Korean court partially approved Samsung's injunction request, ordering the union to ensure the upcoming full-scale strike does not disrupt production or damage raw materials. This move puts a brake on what would have been Samsung's largest-ever strike, driven by failed wage negotiations. Analysts warn a production halt could worsen the global chip shortage fueled by AI demand, impacting automotive and electronics industries.
Read MoreBitcoin has surged past the $77,000 resistance level, currently trading near $77,015. Following the new high, a minor correction of about 1.29% over 24 hours highlights significant market volatility. Investors are advised to monitor trends closely and implement prudent risk management.
Read MoreA US MQ-9 Reaper drone was reportedly shot down over Yemen's Marib province by Houthi forces, according to Iranian media. Images of wreckage and a video of the crash have been released, highlighting rising tensions in the region.
Read MoreSouth Korea's ruling party official reaffirms the plan to implement virtual asset taxation from January 2027. This stance opposes the opposition party's push for abolition. The tax reform bill will undergo formal committee discussions after November, with a final decision expected by year-end.
Read MoreHSBC analysis suggests rising long-term bond yields reflect a market belief in structural, not transitory, inflation. This forces higher risk premiums, competes with AI investment for capital, and indicates a prolonged period of central bank policy tightening ahead.
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