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South Korea’s leading digital bank, KakaoBank, is set to launch a Korean won (KRW)-backed stablecoin in 2025, positioning itself as a pioneer in the nation’s digital asset market. Announced during its H1 2025 earnings call on August 5, 2025, the initiative aims to leverage blockchain for efficient, low-cost domestic and cross-border transactions, per ZDNet Korea. CFO Kwon Tae-hoon emphasized the …

Hackers are exploiting dormant YouTube channels to run sophisticated crypto scams, costing victims over $2.2 billion in 2025, according to CertiK’s security report. On August 7, 2025, SentinelLabs revealed that cybercriminals target older, verified accounts—often abandoned or compromised via phishing or credential stuffing—to promote fraudulent trading bots. These scams, active since early 2024, use AI-generated videos and manipulated comment sections …

Coinbase, the largest U.S. crypto exchange, will impose a 0.1% fee on USDC-to-USD conversions exceeding $5 million in a 30-day period starting August 13, 2025, targeting institutional traders and high-net-worth users. This move, announced after missing Q2 revenue targets of $1.56–$1.59 billion with $1.5 billion, aims to bolster stablecoin revenue, which grew 12% to $332 million year-on-year. The fee applies …

In a bold display of political influence, Stand With Crypto, a Coinbase-backed nonprofit, has mobilized 2.3 million pro-crypto voters to push for pivotal U.S. cryptocurrency legislation in 2025. This grassroots surge underscores the crypto industry’s growing clout as Congress debates bills shaping digital asset regulation. Stand With Crypto, launched by Coinbase, has unified advocates across all 50 states, targeting swing …

SEC Commissioner Caroline Crenshaw sharply criticized the agency’s new liquid staking guidance, calling it a “wobbly wall of assumptions” that fails to align with industry practices. Her remarks, titled “Caveat Liquid Staker,” counter the Division of Corporation Finance’s claim that certain liquid staking activities are not securities transactions, potentially exempting them from SEC registration. Crenshaw argues this guidance offers little …