Korea’s Naver Acquires Upbit Operator Dunamu in a Bold Digital Finance Expansion

Naver has acquired Upbit operator Dunamu through a stock swap, combining South Korea’s largest online platform with its leading crypto exchange to launch a won-pegged stablecoin and pursue global fintech…

Continue ReadingKorea’s Naver Acquires Upbit Operator Dunamu in a Bold Digital Finance Expansion

FT: Circle’s Push for Reversible Transactions Rattles Crypto Purists

Circle’s proposal to enable reversible stablecoin transactions has triggered backlash, as critics argue it undermines blockchain’s foundational principle of immutability. The Push for Reversible Transactions Stablecoin issuer, Circle, has ignited…

Continue ReadingFT: Circle’s Push for Reversible Transactions Rattles Crypto Purists