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Jeonbuk Bank, a unit of JB Financial Group, has launched what Edaily described as the South Korean banking sector’s first won-denominated loan tied to digital assets. The offering is initially limited to corporate clients and applies only to Bitcoin-backed borrowing for business operating funds. The bank plans to review a broader rollout later, depending on regulatory changes and market demand.

AmCU, the America’s Credit Unions association, is stepping up efforts to ensure credit unions are represented in stablecoin regulation discussions, Crypto Briefing reported. U.S. credit unions have sought equal treatment with banks for decades, and the push comes as congressional debate on stablecoin legislation advances and the cryptocurrency regulatory framework becomes more concrete. The group held a policy forum on Oct. 11, local time, with key agenda items including the regulatory environment for crypto and stablecoin interest and yield payments.

According to data from Dropstab, the major token unlocks scheduled for this week (Oct. 12–18) are as follows: - STRK: 128 million tokens ($15.67 million), representing 1.28% of circulating supply, at 12:00 p.m. UTC on Oct. 15 - ARB: 93.65 million tokens ($18.68 million), representing 0.94% of circulating supply, at 12:00 a.m. UTC on Oct. 16 - STBL: 320 million tokens ($7.58 million), representing 3.24% of circulating supply, at 12:00 a.m. UTC on Oct. 17 - PENGU: 700 million tokens ($5.79 million), representing 0.79% of circulating supply, at 12:00 a.m. UTC on Oct. 17 - DBR: 630 million tokens ($12.29 million), representing 6.34% of circulating supply, at 12:00 a.m. UTC on Oct. 17

The key global macro events for the third week of October are as follows, based on South Korea Standard Time: - Christopher Waller, a Federal Reserve governor, is scheduled to speak at 7:45 a.m. UTC on Oct. 13. - The U.S. September consumer price index (CPI) is due at 12:30 p.m. UTC on Oct. 14. - The U.S. September producer price index (PPI) is due at 12:30 p.m. UTC on Oct. 15.

Hyperliquid is closer to public infrastructure like the internet or Linux than to a cryptocurrency exchange, Hyperliquid co-founder and CEO Jeff Yan said in a recent interview, according to Wu Blockchain. Yan said classifying Hyperliquid as a major crypto exchange or comparing it with CME or Nasdaq is not accurate. Yan added that the project is doing something no one had previously attempted, making it difficult to find an appropriate comparison. Rather than having 10 systems performing the same function, Yan said, one neutral system is needed. Yan added that the community’s goal is not to replace a specific target, but to offer users better services and functionality through public infrastructure.

Spot CVD is an order-book analysis chart for the BTC/USDT spot trading pair. The upper panel shows a volume heatmap, while the lower panel shows cumulative volume delta, or CVD. - The volume heatmap in the upper panel tracks trading volume at each price level. The background becomes brighter when the price stays in a specific range for an extended period or moves sharply. Brighter zones may act as support or resistance levels. - The cumulative volume delta indicator in the lower panel reflects buy and sell orders by order size. As buy orders increase, the line in the corresponding color moves higher. For example, the yellow line represents orders between $100 and $1,000, while the brown line represents large orders between $1 million and $10 million.

CoinMarketCap’s proprietary Crypto Fear and Greed Index stood at 58, remaining in the neutral zone. The index signals extreme fear as it moves closer to zero and extreme optimism as it approaches 100. According to CoinMarketCap, the index is calculated based on price movements among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators such as the put/call ratio, the Stablecoin Supply Ratio (SSR), and CoinMarketCap’s own search data.

Adam Weitsman, owner and CEO of U.S. metal recycling company Upstate Shredding–Weitsman Recycling, said on X he bought 117 Pudgy Penguins NFTs over the weekend. Weitsman said the project has been going through a difficult period, but he wanted to support one of his personal favorite collections, adding the Pudgy Penguins community will remain strong. Weitsman, a billionaire investor from a traditional industry background, has continued investing in and collecting NFTs. In August last year, Weitsman said he bought more than 5,000 related NFTs to support Otherside, the metaverse project by Yuga Labs.

Ledger device tampering linked to a Malaysian reseller may have extended beyond the known Nano X cases to much of Ledger’s main product lineup, including the Ledger Flex, SlowMist said. SlowMist said one closely related case now under investigation involves the Ledger Flex, and added that while the Ledger Nano X is the model most widely known to be affected, much of Ledger’s flagship lineup may have been modified and tampered with as devices passed through official reseller Cryptovils.

Coinbase said it fine-tuned the open-weight AI model "Qwen3.5-9B" using internal data to block fraudulent transactions on its platform, producing results that outperformed frontier models. Coinbase said specialized models can deliver sharply better processing speed and cost efficiency than large general-purpose models. To support that effort, Coinbase said it built a simple command-based fine-tuning capability into its internal development environment, allowing employees to quickly develop AI models tailored to specific functions such as risk reviews. Based on the case, Coinbase said enterprise AI architectures are likely to shift from a reliance on general frontier models to combinations of task-specific models, and a substantial share of existing backend systems could eventually be replaced by that structure.

Open interest on Papertrade, a new Hyperliquid-based perpetual futures DEX, plunged 93.7% to $693 million within 24 hours after topping $11 billion. Total value locked also shrank sharply to around $67 million from $118 million. Papertrade, which drew attention for offering leverage of up to 1,000x, also faced controversy over the prioritization of small-order processing and an attempted manipulation of oracle prices. The exchange said it had blocked attempts to distort Hyperliquid’s BBO quotes and defended the system, but the project’s early overheating cooled rapidly as liquidity left.

The cumulative investment amount in recurring cryptocurrency purchase services offered by South Korean exchanges has approached 1 trillion won, Yonhap News reported. Data submitted by five exchanges to lawmaker Park Sang-hyuk of the Democratic Party, a member of the National Policy Committee, showed that cumulative investment at the three platforms offering the service — Upbit, Coinone and DigitalX — reached 972.92 billion won ($697.6 million) as of the end of August, up 429.07 billion won, or 78.9%, from 543.85 billion won at the end of last year. The service automatically buys cryptocurrencies after users set the asset, purchase interval and amount. Bithumb and Gopax do not offer the service. By exchange, Upbit accounted for 897.71 billion won ($643.9 million), or 92.3% of the total, as of the end of August, up 402.65 billion won, or 81.3%, from 495.06 billion won at the end of last year. Over the same period, DigitalX rose to 63.26 billion won ($45.4 million), up 15.08 billion won, or 31.3%, while Coinone jumped to 1.195 billion won ($858,000) from 61 million won, an increase of 1.134 billion won, or 1,859%.

Binance founder Changpeng Zhao said on social media that the recent hack involving hardware wallet maker Ledger used a tactic fit for a movie. Zhao described the incident as both absurd and serious, saying hackers allegedly acquired a reseller company and even had it enter into a nondisclosure agreement in an apparent effort to keep the operation quiet. Zhao added that the case raises multiple legal and ethical concerns. Earlier, footage detailing the Ledger theft method, which caused losses of more than $80 million, was made public. A Malaysian store that sold devices with spy chips inserted had been listed for years as an official Ledger-certified reseller, and the hackers were found to have inserted spy chips into all of the wallets. The devices were then repackaged and shipped to victims, allowing the attackers to steal private keys.

Strategy Chairman Michael Saylor posted “주황색을 위한 자리는 항상 남아있다” on social media last night in what appeared to be a signal of another Bitcoin purchase. Strive CEO Matt Cole also hinted at an additional Bitcoin buy in a social media post overnight, sharing “Think ₿igger” alongside a Bitcoin tracker metric in a post modeled on Saylor’s. Cole indicated more Bitcoin purchase disclosures could follow this week, although official SEC filings may be released after Oct. 13, according to the source, as U.S. federal holiday effects delay publication.

According to CoinNess market monitoring, BTC has risen above $84,000. BTC is trading at $84,026.23 on the Binance USDT market.

NEAR has risen by 4.20% in the past five minutes on the COINNESS market. Currently, NEAR is trading at $5.89.

We provide real-time cryptocurrency investment updates 24 hours a day from 10:00 p.m. UTC on Sunday through 3:00 p.m. UTC on Saturday. Between 3:00 p.m. UTC on Saturday and 10:00 p.m. UTC on Sunday, investment updates are limited to major market-moving developments. Note: Overseas economic breaking news on the CoinNess Live app and CoinNess web service continues to be provided at all times.

A Texas business court on Oct. 2 dismissed a shareholder derivative suit tied to past misconduct allegations against Coinbase’s board, ruling the plaintiff failed to make a written demand on the board before filing the case. Coinbase moved its place of incorporation from Delaware to Texas in December 2025. The plaintiff argued the suit could proceed without a prior board demand under Delaware law because of the timing of the relocation, but the court found Texas law at the time of filing should apply. The dismissal was issued without prejudice, allowing the case to be refiled, and the court did not rule on whether the board had actually engaged in misconduct. Coinbase CEO Brian Armstrong welcomed the decision on Oct. 9 and said it could encourage more companies to incorporate in Texas.

Two wallets believed to belong to the same whale withdrew a total of 5,965 ETH worth about $14.89 million from Binance over the past 20 minutes, according to on-chain analyst ai_9684xtpa. The average withdrawal price was $2,496.95. The funding address for the wallets was also seen transferring similar amounts of USDC to several other new addresses. The analyst said the whale may be dispersing funds for additional ETH purchases.

South Korea’s cryptocurrency tax, set to take effect on Jan. 1, will not apply to profits from crypto futures and options trading on overseas exchanges under current law, KBS reported. Under the existing Income Tax Act, taxable income covers gains from transferring or lending virtual assets, meaning profits from spot crypto trading or lending on domestic and overseas exchanges are subject to tax. By contrast, futures and options are derivatives contracts whose returns are tied to price movements rather than direct transfers of the underlying crypto asset. KBS said that under the principle that taxes can be imposed only on income explicitly defined by law, those products cannot be taxed under the current rules. The Ministry of Economy and Finance said taxation is difficult because South Korea’s Financial Services Commission does not recognize crypto derivatives as financial instruments, while the Financial Services Commission said decisions on taxable items fall under the ministry’s authority. As crypto derivatives trading is banned in South Korea, the report said the gap also raises concerns over tax fairness between domestic users and traders using overseas exchanges.

France’s National Assembly Finance Committee rejected the entire revenue section of the 2027 budget on Oct. 9 by 31 votes to three, Decrypt reported. As a result, three cryptocurrency-related amendments that had previously cleared the committee — a tax on stablecoin conversions, a crypto exit tax, and a measure allowing investment losses to be carried forward for up to 10 years — will not be automatically included in the plenary review. France’s National Assembly is set to begin reviewing the budget from Oct. 13 based on the government’s original proposal. For the crypto-related amendments to be discussed again, they must be resubmitted in plenary. A vote on the revenue section is scheduled for Oct. 20, and the final legislative outcome of the tax measures remains undecided.

BTC is showing a price pattern similar to moves seen from late 2025 to early 2026, with $80,500 potentially serving as a key near-term support level, according to CryptoQuant contributor Darkfost. In a post on X, Darkfost said BTC has been fluctuating around its capital-weighted cost basis, the average purchase price calculated based on the amount of capital invested by holders. Darkfost said that price zone marks the threshold where the average profit and loss of market participants splits between gains and losses, which could materially influence investors’ trading decisions. Darkfost added that whether BTC holds $80,500 as support will be a key variable in assessing its next price move.

The tokenized commodities market, long centered on gold, is expanding into silver and oil, CoinDesk reported. According to CoinGecko, the sector’s market capitalization rose from $1.43 billion at the start of 2025 to $5.55 billion at the end of March 2026. About 90% of that increase came from gold-backed tokens issued by Paxos and Tether. Iggy Ippolito, chief investment officer at Theia, projected the tokenized commodities market could reach tens of billions of dollars within five years and exceed $100 billion within 10 years. Still, physical asset custody and transportation were cited as challenges to broader market growth.

Tron founder Justin Sun said on X Tron has deployed quantum-resistant cryptography on its testnet to respond to potential attacks from quantum computers. Sun said Tron is closely monitoring advances in quantum computing and artificial intelligence and is ready to introduce quantum-resistant technology to the mainnet at any time. Sun added Tron aims to become one of the major blockchains with quantum resistance in place before "Q-Day," the point at which quantum computers could render existing cryptographic systems ineffective. A timeline for deploying the technology on the mainnet was not disclosed.

Global fintech companies are increasingly using cryptocurrencies as core infrastructure for payments, settlement and financial services rather than simply as investment assets, crypto investment firm IOSG said in a report. Comparing the business strategies of major fintech companies including Visa, Mastercard, Stripe, PayPal and Robinhood, the report said stablecoins are emerging as a key tool linking traditional finance with blockchain-based finance. IOSG added that securing competitiveness in future financial markets will require a large user base, regulatory compliance capabilities and control over financial infrastructure. The report also projected that DeFi is more likely to be used as infrastructure supporting existing financial products than as a service used directly by mainstream consumers.