The Korea Securities Depository platform is expected to go live by February 2027, aligning with South Korea’s incoming security token framework. Samsung SDS, Samsung’s information technology services subsidiary, will reportedly build a token securities platform for the Korea Securities Depository (KSD), moving South Korea’s central securities depository closer to operating blockchain-based securities infrastructure as the country prepares a legal framework for tokenized assets. Samsung SDS won a contract to build and operate the platform for KSD, according to local reports from Yonhap News Agency and The Korea Times. The project is expected to be completed by February 2027 and will convert a technology verification testbed into a formal system capable of stable service operations. KSD plans to link its existing electronic securities account system with blockchain-based distributed ledger data to strengthen tokenized securities issuance and rights management, according to the reports. Read more
Robinhood’s ZEC listing, easing US–Iran tensions and a shrinking liquid supply of tokens are further strengthening the bullish outlook for Zcash in the coming weeks. Zcash (ZEC) has outperformed the broader crypto market over the past month, rising by over 125% compared to an average 15% gain for most coins. ZEC/USD versus TOTAL crypto market cap 3o-day performance chart. Source: TradingView Read more
UniCredit Bank has completed, as mandated lead arranger, global coordinator and bookrunner, a syndicated transaction for the acquisition of the majority stake in Romanian Business Consult SRL, the largest IT solution integrator for the retail industry in Romania, by buyout investor MidEuropa.
Bubblemaps said it identified a large wallet cluster that accumulated 90% of the Mystery token’s supply at launch, raising concerns around the token’s distribution. Blockchain analytics platform Bubblemaps said 90 newly funded wallets bought 90% of Mystery (MYSTERY) memecoin supply at launch, raising concerns about coordinated sniping. The wallets were all funded by wallet "0x544E," which previously withdrew and distributed 20 Ether from crypto exchange Binance. After buying up 90% of the supply at launch, the wallet cluster sold about $100,000 worth of tokens and still holds 40% of the supply, said Bubblemaps in a Tuesday X post. The analytics company described the pattern as a “textbook scam.” Sniping refers to using bots or automated trading tools to buy newly launched tokens immediately after trading opens, often before ordinary traders can react. The findings highlight how automated buying and coordinated wallet clusters can dominate thinly traded memecoin launches, leaving later buyers exposed to sharp ...