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5 months ago

Korean Crypto Surge, Talos M&A, and More | Pacific Sunrise

South Korean cryptocurrency exchanges experienced a significant surge in trading volume, jumping 264% year-over-year, coinciding with Bitcoin's price surpassing $120,000. However, Korean Bitcoin prices are currently slightly below global rates, indicating the absence of the usual Kimchi Premium. Separately, Trump-backed World Liberty Financial tokens (WLFI) are now available for public trading after previously being restricted to accredited investors, following a governance vote. The project aims to provide crypto lending services and recently secured $100 million in funding. Additionally, Talos, a digital asset trading infrastructure provider, has acquired blockchain data firm Coin Metrics for over $100 million, signaling further consolidation within the crypto industry.

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