coinone

According to Herald Economy, Korea Investment & Securities is considering acquiring shares in the digital asset exchange Coinone to respond to competitor Future Asset Group's acquisition of Korbit. Korea Investment & Securities is currently communicating with financial authorities and political circles, and has not yet reached an agreement on specific terms with Coinone representatives.Coinone is the third-largest cryptocurrency exchange in South Korea, with a market share in the double digits, but has reported losses for three consecutive years. Financial authorities are advancing restrictions on major shareholders of exchanges, and some of the 53.44% shares held by Coinone representatives are expected to be sold. Korea Investment & Securities has previously been less active in the digital asset space, and this acquisition would make it a "game changer." Coinone stated that it has not yet determined the specific cooperation model or partner.

According to market news, South Korea's leading brokerage, Korea Investment & Securities, is conducting a preliminary review for the acquisition of shares in Coinone, the country's third-largest cryptocurrency exchange. They are currently working to persuade financial regulatory authorities and the National Assembly's Administrative Committee, following a path similar to that of Mirae Asset Group's acquisition of Korbit.The current CEO of Coinone, Cha Myung-hoon, holds 53.44% of the shares, but the upcoming regulatory new rules may set the upper limit for major shareholders' holdings at 15% - 20%, creating an entry window for external buyers.

According to News1, the ruling party in South Korea, the People Power Party, will hold a closed-door meeting at the Coinone headquarters with representatives from the five major cryptocurrency exchanges: Upbit, Bithumb, Coinone, Korbit, Gopax, and DAXA.The purpose of this meeting is to discuss proposals for the abolition of the virtual asset tax system originally scheduled to be implemented in January 2027, and to hear relevant suggestions regarding the issuance of stablecoins and the preparation of the second phase of legislation.Previously, the party whip Song Yeon-sik proposed on March 19 the "Partial Amendment to the Income Tax Act" to abolish the virtual asset income tax, arguing that in the context of the abolition of the financial investment income tax, continuing to tax virtual assets raises issues of fairness and double taxation, and that consistency in the tax system should be maintained.

South Korea's third-largest cryptocurrency exchange, Coinone, firmly denied reports of negotiations with Coinbase for a stake sale, calling them "baseless." Previously, the Seoul Economic Daily reported that Coinone's chairman, Cha Myung-hoon, was exploring a partial stake sale, with Coinbase listed as a potential buyer. Despite the denial, Coinone's second-largest shareholder, Com2uS Holdings, saw its stock price soar 17% on Monday, reflecting the market's sensitivity to mergers and acquisitions.The Financial Services Commission of South Korea has suggested setting a cap on major shareholders' stakes at 15-20%. Cha Myung-hoon currently holds a 53.44% stake, and if the regulation takes effect, he will be forced to reduce his holdings.

According to the Seoul Economic Daily, South Korea's third-largest cryptocurrency exchange Coinone is seeking to sell a portion of its shares. Major shareholder Chairman Cha Myung-hyun (holding 53.44%) is considering selling part of his stake and is in discussions with overseas exchanges and domestic financial institutions for collaboration.Market rumors suggest that the second-largest shareholder Com2us (holding 38.42%) may also sell its shares. The largest exchange in the U.S., Coinbase, has expressed strong interest in the South Korean market and plans to meet with major companies in Korea.

According to Arkham data, at 10:30, 2,432 ETH (worth approximately 7.63 million USD) was transferred from Coinone to an anonymous address (starting with 0x7a98...).

According to official news, BGB has officially launched on the Korean trading platform Coinone, and the recharge and trading functions are now open. It is reported that Upbit, Bithumb, and Coinone are listed as the three core trading platforms in Korea. This launch on Coinone will help further enhance the liquidity and availability of BGB.

According to Arkham data, at 09:52, 58.0746 million PEPE (worth approximately 2.78 million USD) was transferred from Coinone to an anonymous address (starting with 0x94fBdC...).

ChainCatcher news, according to News 1, the South Korean exchange Coinone sold virtual assets worth approximately 4.356 billion won (about 3.09 million USD) to Upbit and Korbit between the 8th and 31st of last month.Benefiting from the price increase, Coinone realized an additional profit of about 220 million won. This sale aligns with the "Roadmap for Corporate Participation in the Virtual Asset Market" announced by the Financial Services Commission of South Korea in February this year, allowing non-profit organizations and exchanges to liquidate virtual assets for personnel costs and tax expenditures.Coinone stated that the related funds will also be used to cover other operating costs.

ChainCatcher news, according to the official announcement, South Korea's third-largest exchange Coinone will open the PARTI/KRW trading pair at 12:00 local time on August 21 (Thursday).Previously, Particle Network announced the narrative upgrade to a universal trading layer for RWA and stablecoins, and has listed on South Korea's second-largest exchange Bithumb, as well as Europe's largest fintech company Revolut.

ChainCatcher news, according to the official announcement, PUNDIAI has been designated as a trading alert project by members of the Digital Asset Exchange Association (DAXA). PUNDIAI has confirmed that a security incident, such as a hacking event, has occurred in the distributed ledger managing virtual assets, virtual asset wallets, issuance, transfer, or custody of virtual assets controlled by the issuer or operator, and the cause has not been identified or fixed, nor have the details been disclosed in a timely manner. Therefore, in order to accurately assess the extent of the damage and protect users, it has been designated as a trading warning project.

ChainCatcher news, according to Onchain Lens monitoring, a certain whale withdrew 3.93 million ENA from Coinone after being dormant for 3 months, worth approximately 3.55 million USD. This whale has accumulated 12.06 million ENA over the past 7 months, worth about 7.83 million USD, with a profit of approximately 3.05 million USD.

ChainCatcher news, recently, the world's leading cryptocurrency exchange Deepcoin announced the successful integration with Coinone, the third largest cryptocurrency exchange in South Korea. This strategic partnership marks a key milestone for Deepcoin's expansion in the Korean market.As a member of the Korean CODE Alliance and one of the leading crypto exchanges, Coinone has earned the trust of millions of users with its secure and reliable trading platform. This integration will enable users of Deepcoin and Coinone to seamlessly deposit, withdraw, and trade between the two platforms, bringing higher liquidity and providing more flexibility for traders in South Korea.This collaboration is not just a technical partnership, but also a strategic move for Deepcoin to strengthen its presence in key markets. With the integration with Coinone, Deepcoin becomes the seventh overseas exchange to collaborate with a South Korean fiat exchange. Previously approved exchanges include OKX, Bybit, Bitget, and others. Leveraging Coinone's strong influence and large local user base, Deepcoin further solidifies its position as a key player in the rapidly growing cryptocurrency market in South Korea.

ChainCatcher news, South Korea's third-largest exchange CoinOne announced that it will list UXLINK today, with the deposit opening time at 12 PM KST (11 AM UTC+8) and trading starting at 6 PM KST (5 PM UTC+8).CoinOne is the third-largest exchange in South Korea, and UXLINK is already listed on the three major exchanges in Korea: Upbit, Bithumb, and Coinone. Currently, UXLINK has risen nearly 20%, with a trading volume exceeding 500 million dollars in the past 24 hours.

ChainCatcher news, according to South Korean media MTN, the Financial Supervisory Service of South Korea has launched an investigation into the exchange Coinone, focusing on the abnormal situation of the Movement token's price skyrocketing shortly after its listing and then plummeting sharply.The investigation will verify whether there is unfair trading and check if Coinone's internal monitoring system is functioning properly. In addition, the reasons for Coinone listing the token ahead of other exchanges in a situation where liquidity may be insufficient will also be a key focus of the investigation.Officials stated that if abnormalities are found, proactive measures will be taken.

ChainCatcher news, according to @ai_9684xtpa's analysis, the MOVE token has shown significant price discrepancies on Korean exchanges. Originally, Upbit and Bithumb planned to launch MOVE simultaneously at 8 PM last night, but the Korean exchange Coinone launched it early at 7:30 PM, with an opening price of 998,500 KRW (approximately 700 USD). As a result, the two major Korean exchanges delayed their launch times, with Upbit starting trading at 09:35 this morning, opening at 2,263 KRW (approximately 1.59 USD), and currently trading at 3,060 KRW (approximately 2.2 USD).Currently, there are noticeable price differences for MOVE across different platforms: Binance quotes 0.94 USD, Uniswap quotes 1.93 USD, and Upbit quotes 2.2 USD, indicating that many institutions and smart money are likely engaging in arbitrage.

ChainCatcher news, according to iNews24, starting next year, virtual asset service providers in South Korea, including Dunamu (Upbit), Bithumb, and Coinone, will be required to pay regulatory fees.This decision was made after the State Council approved the amendment to the enforcement decree of the Financial Services Commission (FSC) on December 3. The regulatory fees are calculated based on operating revenue and are to be paid by financial institutions such as banks, investment companies, and insurance companies to cover the FSC's inspection and supervision services.

ChainCatcher news, according to IT Chosun, the CEO of the South Korean cryptocurrency exchange Coinone, Cha Myung-hun, has denied rumors that he is negotiating with the gaming company Com2uS Holdings to sell a portion of the company's shares.As of last year, Cha held a total of 53.46% of Coinone's shares through his personal company The One Group and personal holdings. Although there were previous speculations that if the deal went through, Com2uS would become the largest shareholder of Coinone, representatives from both companies have denied these rumors.Previous news, the CEO of the South Korean cryptocurrency exchange Coinone, Myung-hoon Cha, is in negotiations with the mid-sized gaming company Com2uS Holdings regarding the sale of company shares.

ChainCatcher news, Myung-hoon Cha, the CEO of the South Korean cryptocurrency exchange Coinone, is in negotiations with the medium-sized gaming company Com2uS Holdings to sell shares of the company.As of the end of last year, Myung-hoon Cha held a total of 53.46% of the shares, which includes his stake in the private company The One Group (34.31%) and his personal holdings (19.15%). Com2uS Holdings holds 21.95%, while Com2uS Plus holds 16.47%. Com2uS Plus is a 100% subsidiary of Com2uS Holdings. Through this share acquisition, Com2uS Holdings is expected to become the largest shareholder of Coinone.In addition, Coinone CEO Myung-hoon Cha has informed Com2uS Holdings that he will resign from his position as head of Coinone.