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02:54
South Korea ends 9-year corporate crypto ban, allowing listed companies to invest up to 5% of equity in cryptocurrencies
According to ChainCatcher, local media reports that the Korean Financial Services Commission (FSC) has finalized guidelines allowing listed companies and professional investors to trade cryptocurrencies, ending a nine-year ban on corporate crypto investments. Eligible companies can invest up to 5% of their equity annually in cryptocurrencies ranked in the top 20 by market capitalization on Korea's five major exchanges. Approximately 3,500 entities, including listed companies and registered professional investment institutions, will gain market access, potentially unlocking tens of trillions of Korean won in capital. While the policy shift has been welcomed, industry insiders criticize the 5% cap as overly conservative. The United States, Japan, Hong Kong, and the European Union do not impose such restrictions on corporate crypto holdings. Critics warn that this may hinder the emergence of digital asset treasury companies in Korea similar to Japan's Metaplanet.
02:48
Base replied to the X product manager with a picture: The token has not yet been launched and is still under exploration.
 Base responded to the “Base token appearing in a screenshot of the Smart Cashtags feature revealed by X product lead Nikita Bier” by saying they are glad to see Nikita Bier thinking about them, but the token has not been launched yet and is still under exploration. Previously, the Base token appeared in a screenshot of the new Smart Cashtags feature released by Nikita Bier, showing a market value of $373 billion and a token price of $130 each. This post was interpreted by some community users as an abstract prophecy of Base’s upcoming token launch.
02:46
「20 Million Range Hoodlum」 Adds to BNB, HYPE, and Other Shitcoin Short Positions, Account Shows $7.43M Unrealized Gain
BlockBeats News, January 12, according to Hyperinsight monitoring, in the past 1 hour, the "20 Million Band Hunter" (0x880a) added to its position in BNB, HYPE, DOGE, XPL, and PUMP, a basket of meme coins, shorting them. The current unrealized gain of the account is $7.43 million. The address has been engaging in high-frequency multi-cryptocurrency arbitrage trading, with an average holding time of about 20 hours. It has a weekly profit of $5.118 million, a monthly profit of $7.493 million, and a total accumulated profit of $98.7276 million over the entire period.
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