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South Koreas KOSPI plunged 12% in its largest one day drop on record as margin calls and tensions triggered a $625B market selloff.
The post Korean stock market plunges 12% in historic one-day crash appeared first on Crypto Briefing.

As demand for digital assets continues to accelerate, scaling solutions have become one of the most important challenges facing Ethereum. In a recent discussion, Robinhood’s Head of Crypto outlined the company’s ambitious strategy to tackle this problem by building its own ETH Layer-2 network to serve mainstream users. Rather than merely participating in the broader ecosystem, Robinhood aims to solve core usability barriers that have hindered mass adoption. Why Ethereum Needs To Scale For Mass Adoption Robinhood’s head of crypto explains why they’re building an Ethereum layer-2. According to a video that was reported on X by Etherealize, Robinhood stated that many companies are launching their own layer-1 blockchain to gain full control over their ecosystems. Meanwhi...

The approval of Kraken’s access to the Federal Reserve’s core payments infrastructure has ignited a fierce response from the banking sector. In a statement on Wednesday, the Independent Community Bankers of America (ICBA) and the Bank Policy Institute (BPI) strongly opposed the Fed’s decision, arguing it posed a risk to the financial system’s stability. Banks
The post Banks Respond to Kraken’s Federal Reserve Access as Trump Sides with Crypto appeared first on BeInCrypto.

Bitcoin defied broader market volatility by surging to a high of $73,792, rekindling the debate about its “digital gold” status. The cryptocurrency has climbed 10% since Monday, pushing its market cap to $1.46 trillion. A Shift in Correlation Bitcoin maintained a strong upward trajectory on Wednesday, breaching the $73,000 mark for the first time since […]

Warsh's potential Fed leadership could shift US monetary policy towards embracing blockchain innovation and regulated crypto integration.
The post White House submits nomination of Kevin Warsh for Fed chair to Senate appeared first on Crypto Briefing.

Walmart is set to pay $100 million to settle a delivery driver lawsuit filed by the Federal Trade Commission (FTC). The FTC and 11 US states allege in a complaint that Walmart misled drivers about how much they would earn when making deliveries over the Spark Driver app for the world’s largest retailer. The FTC accuses […]
The post Walmart Agrees to $100,000,000 Settlement After FTC Says It Misled Drivers on Pay and Tips appeared first on The Daily Hodl.