Exchanges
South Korean investors shifted more than 160 trillion won ($110 billion) from local crypto exchanges to foreign platforms last year, driven by restrictive domestic regulations. A joint report from Coingecko and Tiger Research highlighted this outflow, attributing it to delays in broader crypto frameworks. Officials acknowledged the need for updated rules, but disagreements over stablecoins stalled progress.
Iniulat ng AI
Major crypto exchanges Bybit and OKX have begun delisting Kadena's KDA token following a 65% price plunge. The move comes after the company behind the Kadena blockchain announced plans to shut down. This development signals challenges for the blockchain project.