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On April 17, the U.S. Department of Justice announced that Robert Dunlap, a man from Texas, was sentenced to 23 years in federal prison by Judge LaShonda A. Hunt for orchestrating a cryptocurrency fra

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Asian currencies traded in a narrow range on Friday as investors remained cautious ahead of further U.S.-Iran peace negotiations, while the Japanese yen slipped after the Bank of Japan's governor sign

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On April 17, U.S. President Trump stated, "Our relationship with Iran is very good right now." He mentioned that they are close to reaching an agreement with Iran. If an agreement is reached, oil pric

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Claim1,200 USDT in the Monthly Creation ChallengeHTX Community Spring Creation ContestVote to help HTX win & share 300 USDT!South Korea is kicking off a pilot that will replace government expense cred

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South Korea is kicking off a pilot that will replace government expense credit cards with blockchain‐based deposit tokens.

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The Ministry of Finance and Economy announced on an official press release that the pilot project for the execution of national treasury funds using blockchain‐based digital currency has been approved.

This new official venture marks the second time in which South Korea’s government uses digital currency and deposit tokens for the execution of national treasury funds, following another pilot project for building electric‐vehicle charging facilities and paying national subsidies together with the Ministry of Environment.

Deposit tokens are digital claims on commercial bank deposits, issued on permissioned blockchain rails, spendable by citizens and companies at participating merchants and service providers.

In simpler words, deposit tokens are digital versions of the money already kept in a normal bank account. The bank “wraps” those deposits into tokens on a private (permissioned) blockchain, and you can then spend those tokens at approved shops or service providers, just like using a card or mobile wallet.

In contrast with Central Bank Digital Currencies (CBDCs), that are digital versions of a country’s official money, created and managed directly by its central bank, deposit tokens have programmable settlement, transparent tracking of public money, and real‐time reporting for the state.

Pilot Details
The press release states that under the current National Treasury Funds Management Act, business promotion costs and related operating expenses are required to be paid with government purchase cards, effectively blocking the use of deposit tokens. Thanks to the new regulatory sandbox, those same payments can now be made with deposit tokens, creating a real‐world testbed for a new government

South Korea is kicking off a pilot that will repla

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Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestMarket Rally! Claim Your AirdropAmid a wave of selling pressure across the crypto market, SUPER has made headlines with a rema

Amid a wave of selling pressure across the crypto market, SUPER has made headlines with a remarkable 19.9% surge, climbing to a current price of $0.1482. This sudden spike occurred over just 30 minutes, showcasing a significant uptick in trading activity. With the cryptocurrency now exhibiting a 35.96% increase over the past hour, traders are eager to understand the dynamics behind this move. Market Snapshot The token is currently trading at $0.1482 after touching a 24-hour high of $0.1507 and a low of $0.1372. Daily trading volume has reached $10,138,827.7, reflecting heightened market participation. The asset now holds a market capitalization of $93,036,179, indicating robust investor interest as the price fluctuates significantly. What Could Be Behind This Move Broader Market Trends Market observers note that the recent surge in SUPER’s price aligns with shifting trends in the broader cryptocurrency market. As Bitcoin dominance fluctuates, altcoins like SUPER often experience increased volatility. Analysts suggest that when Bitcoin experiences downward pressure, many investors turn to altcoins, leading to sudden price movements. This phenomenon often creates a cycle where altcoins rally as traders seek higher returns. Trading Activity Moreover, the trading volume around SUPER has surged dramatically, indicating a heightened interest among traders. The 24-hour volume of over $10 million suggests that many are speculating on the coin’s price direction. Additionally, the rapid increase in price may have attracted attention from whale investors, further driving the price upward. On-chain data indicates that significant wallet activity has also contributed to the heightened volatility, suggesting a potential accumulation phase for the asset. As traders react to these patterns, the market remains highly dynamic. What Traders Are Watching Next Traders are clos

Amid a wave of selling pressure across the crypto

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On April 17, the Ethereum Foundation announced that its funded Ketman project has identified 100 North Korean IT personnel infiltrating Web3 organizations within six months and issued alerts to approx

Ethereum Foundation Funds Ketman Project Identifying 100 North Korean IT Personnel

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On April 17, Michael Selig, the Chair of the U.S. Commodity Futures Trading Commission (CFTC), stated that the agency is working to provide clarity in the crypto space, including tokenized collateral 

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