Acum 1 h
CoinShares reports $187M crypto ETP outflows as weekly volumes hit $63.1B record
Crypto exchange-traded products saw $187 million of weekly outflows, while trading activity climbed to a record $63.1 billion. Selling pressure moderated after recent declines, even as Bitcoin briefly touched $60,000 on Coinbase. Bitcoin products led withdrawals; XRP drew $63 million of inflows, with smaller gains for Ether ($5.3 million) and Solana ($8.2 million).
Selectat
XRP
XRP-3.37%
Acum 1 h
Acum 1 h
Dunamu appeal pauses Upbit's 35.2 billion won penalty on Feb. 9, 2026
On February 9, 2026, South Korea's financial authorities said Dunamu, operator of Upbit, filed an objection with the FIU to a 35.2 billion won (USD 25.1 million) penalty, temporarily suspending enforcement pending court review. The November fine cited extensive customer verification lapses and 15 missed suspicious-transaction reports, while separate actions targeted other exchanges, including a 2.73 billion won sanction for Korbit on December 31, 2025.
Acum 1 h
Acum 5 h
South Korea's FSS outlines stricter crypto market monitoring and penalties after Bithumb error
South Korea's Financial Supervisory Service announced on Monday an annual policy plan to intensify oversight of cryptocurrency trading and introduce harsher sanctions on financial institutions for IT-related incidents. The measures, which follow a mistaken transfer of 620,000 BTC by Bithumb to hundreds of users, target activities such as price manipulation, rapid price-pumping schemes and the spread of false information. The watchdog is also setting up a task force to prepare rules under the Digital Asset Basic Act, including disclosure standards and licensing guidance for digital asset service providers and stablecoin issuers.
BTC
BTC-2.17%
Acum 5 h
Acum 6 h
Lyn Alden Sees Fed Moving to Slower Balance Sheet Growth in Line With Nominal GDP
Economist Lyn Alden argues that the Federal Reserve is shifting away from aggressive interventions toward a steadier balance sheet expansion linked to nominal GDP or total bank asset growth. She believes this gradual approach will still debase the currency over time while supporting asset prices in a more controlled way, as investors track money supply trends, rate-cut odds and leadership changes including Kevin Warsh's nomination to succeed Jerome Powell before his term ends in May 2025.
LYN
LYN+7.36%
Acum 6 h