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World Vision Conducts First Crypto Trade in South Korea After Ban Lift
On June 1, the Humanitarian aid group World Vision Korea became the first nonprofit to liquidate cryptocurrency under South Korea’s newly revised institutional trading rules. They sold 0.55 ETH on Upbit for roughly 1.98 million won ($1,436). The funds were...
Bitcoin’s Long-Term Security at Risk as Low Transaction Fees Fail to Replace Diminishing Block Subsidy
Bitcoin’s security model has once again become a major topic of discussion among industry experts, as transaction fees remain too low to adequately replace the diminishing block subsidy. https://twitter.com/mindfrozentime/status/1928436327038480472 Ethereum Foundation researcher Justin Drake and Bitcoin Core developer James...
Philippines Tech Company Sanctioned by US for Alleged Role in Crypto Scams
On May 29, the U.S. Treasury sanctioned a Philippine firm, Funnull Technology, and its alleged administrator, Liu Lizhi. U.S. officials stated that the company provides critical computer infrastructure, like servers and hosting services, to hundreds of thousands of websites used...
NYC Mayor Adams Proposes ‘BitBond’ Security, Calls on NYDFS to End BitLicense
On May 28, New York City Mayor Eric Adams pitched “BitBond” - a Bitcoin-backed city bond at the Bitcoin 2025 Conference, doubling down on demands to shut down New York's expensive “BitLicense. He argued that Wall Street’s home must adopt...
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