Terence Lam, the co-founder and chief operating officer of Taiko, a project aiming to improve scalability and efficiency on the Ethereum network, recently spoke with Block Media about the upcoming launch of Tyco's mainnet and its potential impact on Web3 adoption.Lam highlighted Tyco's successful te
DENVER - Block Media's live coverage of Ethereum Denver 2024 continued today, offering a glimpse into the bustling heart of the Ethereum ecosystem. Reporter Choi Dong-nyeok brought viewers inside the Denver venue, packed with attendees eager to engage with the latest developments in the world of Eth
South Korea holds a critical position in the global cryptocurrency market. In November 2023, the Korean Won surpassed the US dollar in Bitcoin trading volume, accounting for 43 percent of all fiat currency transactions.Our citizens believe in the potential of cryptocurrency and actively invest in it
Bithumb Burrito Wallet, a South Korean cryptocurrency wallet, has announced a strategic partnership with Discover Feed, a global metaverse platform focused on recreating offline club culture in virtual spaces. This collaboration aims to popularize blockchain technology and expand the reach of both c
Socrates, a Web3 application combining Social-Fi and Game-Fi, boasts over one million downloads, driven by its focus on fresh perspectives and the upcoming influx of Korean users. Jesse Liu, Socrates Asia Partnership Lead, shared his insights with Block Media on the app's success and its vision for
Institutional investors sent mixed signals about their Bitcoin outlook last week, with long-term funds increasing their bullish bets while hedge funds ramped up bearish positions. Despite these contrasting views, the total open interest in Bitcoin futures on the Chicago Mercantile Exchange (CME) ros
The cryptocurrency market enters 2024 with cautious optimism, buoyed by a confluence of factors that could usher in a new era of institutional adoption and price rallies. With the historic launch of the first Bitcoin spot ETF, regulatory clarity appears on the horizon, potentially attracting mainstr
In a move signaling growing confidence in the Web3 landscape, Carrieverse, a South Korean Web3 specialist company, has secured new investments from JB Investment and Ecrux Venture Partners, fueling its global platform expansion and ambition to popularize the next iteration of the internet.This fresh
Weekly report on the NFT marketThe past week brought mixed results for major NFT collections, with some surging while others stumbled. Despite this, the overall market capitalization for these collections inched up 3.1 percent, reflecting a 3.9 percent rise in Ethereum's price.Moonbirds Take a DiveM
Weekly Report on NFT Market The floor prices of significant NFT collections plunged this week, wiping out a staggering 11.7 percent of the market’s dollar value and raising concerns about a prolonged downturn. In a volatile market, even previously resilient collections like Pudgy Penguins felt the s
Yannick Myson, chief marketing officer of Delysium, emphasized the crucial role of blockchain technology in the burgeoning artificial intelligence (AI) ecosystem during his presentation at the Block Festa 2023 conference in Seoul."Artificial intelligence is a tool created for humans, while blockchai
South Korea’s cryptocurrency regulation is shifting from prohibition to inclusion, according to a leading lawyer.“The Korean government is moving from a ban on cryptocurrency to a more inclusive approach,” said Cho Jeong-hee, a partner at the law firm Decode. “We expect to see a market for the tradi
Park Joong-gu, head of investor protection at Bithumb, a major South Korean cryptocurrency exchange, emphasized the need for a strong market foundation as digital assets become more integrated into the mainstream financial system.Speaking at Block Festa 2023, Park noted the maturing of the virtual a
Javier Millais emerged victorious in Argentina's presidential election, as reported on Nov. 19 (local time).The newly-elected President, known for his liberal stance, proposed a groundbreaking solution to address Argentina's economic turmoil, successfully defeating Economy Minister Sergio Massa in t
In Singapore on Nov. 14, the Wanxiang Blockchain Institute and the Singapore University of Social Sciences (SUSS) held the Sustainable Web3 SG 2023 event, a gathering of thought leaders, experts, and enthusiasts to discuss the future of a more sustainable Web3.The event covered a wide range of topic
Financial Supervisory Service Governor Lee Bok-hyun acknowledged Thursday that there might be victims of the Burger Coin issue and the controversy over the circulation of SUI raised by Rep. Min Byeong-deok.He also pledged to strengthen cooperation with the prosecution's virtual asset joint investiga
Busan City will host Blockchain Week in Busan (BWB) on Nov. 9 and 10, at the Signiel Busan Grand Ballroom Hall.The event will bring together industry leaders, investors, and enthusiasts to discuss and explore the latest developments and trends in blockchain technology, focusing on its potential to s
Cryptocurrency was a major topic of discussion at the National Assembly audit this year. Here is a chronological summary of the major issues to be addressed in the comprehensive audit of the Financial Services Commission and the Financial Supervisory Service scheduled for October 27: Burger Coin Con
Dunamu, the operator of South Korea's largest cryptocurrency exchange, Upbit, has unveiled the main speakers and programs for its upcoming blockchain developer conference, Upbit D Conference (UDC) 2023.The conference will be held on Nov. 13 at Grand Walkerhill Seoul under the theme "All About Blockc
The future of the SUI cryptocurrency is uncertain after a South Korean lawmaker accused the SUI Foundation of acting in its self-interest by staking coins that should have been non-circulating.Representative Min Byeong-deok, a member of the Democratic Party of Korea, made the allegations during a Na