Month: April 2026

South Korean Fintech Toss Targets Web3 Finance With Proprietary Mainnet and 24 Stablecoin Trademarks – Crypto News Bitcoin News

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Key Takeaways: Toss, operated by Viva Republica, is building an L1 blockchain mainnet and native coin to power its 30 million-user financial platform. South Korea’s pending Digital Asset Basic Law has delayed final decisions on whether Toss pursues an L1 or L2 approach. A Stablecoin Task Force led by Chief Business Officer Kyuha Kim filed 24 KRW stablecoin trademarks in June 2025, including “TOSSKRW.” South Korea’s Toss Recruits Blockchain Engineers as Mainnet Plans Advance in 2026 The fintech company Toss serves roughly 30 million registered users, close to 60% of…

Analyst Who Called Bitcoin Price Crash Above $100,000 Predicts Crash To $29,000

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The Bitcoin price has surged back above $69,000 after experiencing a major decline last week. While the price appears to be rebounding from the downtrend, a market analyst has warned that the BTC could still face another price crash. After projecting its decline from above $100,000, the analyst now forecasts a price plunge to $29,000, likely marking Bitcoin’s final bottom. Bitcoin Price Faces Possible Crash To $29,000 Market expert LavaXBT has shared two possible scenarios for Bitcoin’s next move. However, the analyst appears to be leaning more bearish, projecting that…

South Korea Orders 5-Minute Reconciliation for Crypto Exchanges After $56B Bithumb Error

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South Korea’s Financial Services Commission has ordered all cryptocurrency exchanges to implement near real-time asset reconciliation and submit to monthly external audits. Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!). The directive follows a February operational failure at Bithumb that briefly sent $56 billion worth of bitcoin to hundreds of retail users. The Bithumb Incident On February 6, 2026, Bithumb mistakenly credited approximately 620,000 BTC (worth around $56 billion at the time) to hundreds of users during a promotional event. The intended payment was…

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Bitmine Reaches 4.803 Million ETH, Announces NYSE Uplisting – Crypto News Bitcoin News

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Key Takeaways: Bitmine holds 4.803 million ETH worth $10.2 billion, making it the world’s largest ethereum treasury as of April 6, 2026. MAVAN, Bitmine’s institutional staking platform, has staked 3.33 million ETH generating $196 million in annualized staking revenue. Bitmine’s NYSE uplisting takes effect April 9, 2026, as the company targets 5% of total ETH supply under Chairman Tom Lee. Bitmine Buys 71,252 ETH in One Week, Highest Pace Since December 2025 The Norwalk, Conn.-based company Bitmine said its common stock will move from NYSE American to the NYSE effective…

Strategy Buys 4,871 BTC, Reports $14.5B Unrealized Losses

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Michael Saylor’s Strategy, the world’s largest publicly listed holder of Bitcoin, resumed buying BTC last week after reporting no purchases in the final week of March. Strategy acquired 4,871 Bitcoin (BTC) for $329.9 million last week, according to an 8-K filing with the US Securities and Exchange Commission on Monday. The purchases were made at an average price of $67,718 per coin, below the company’s overall average acquisition price of $75,644. The new acquisitions bring Strategy’s holdings to 766,970 BTC, acquired for a total cost of around $58 billion. Source:…

Analyst Says Bitcoin Hasn’t Seen A True Bottoming Formation Yet, What This Means For Price

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Crypto analyst LP has declared that Bitcoin hasn’t seen a true bottoming formation yet, despite the price looking to form strong support at current levels. This comes as BTC looks to reclaim the psychological $70,000 amid talks of a ceasefire between the U.S. and Iran.  Bitcoin Is Still At Risk As The Price Is Yet To Form A Bottom In an X post, LP stated that Bitcoin hasn’t shown a true bottoming formation and suggested that the leading crypto isn’t yet close to a bottom. He alluded to previous bear…

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New AI Cybercrime Tool Targets Crypto, Bank KYC Systems via Deepfakes

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A threat actor known as “Jinkusu” is allegedly selling cybercrime tools designed to bypass Know Your Customer (KYC) checks at banks and crypto platforms. The tool uses deepfakes and voice manipulation to trick KYC verification systems on finance platforms, cybercrime tracker Dark Web Informer wrote in a Sunday X post. Cybersecurity company Vecert Analyzer added that Jinkusu uses AI for real-time face swaps via InsightFace for “fluid gesture transfers,” along with voice modulation to evade biometrics. Source: Dark Web Informer The emergence of deepfake tools is a “wake-up call” for…