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South Korean payment giant BC Card completes stablecoin payment pilot, allowing foreign users to pay local merchants using stablecoins

2 hours ago

December 23 — South Korean payment giant BC Card has wrapped up a stablecoin payment pilot program, allowing foreign users to pay local merchants with stablecoins. The pilot is a collaboration between BC Card, blockchain firm Wavebridge, wallet provider Aaron Group, and cross-border remittance service Global Money Express. It lets foreign users convert stablecoins from their overseas wallets into a digital prepaid card via BC Card. As one of South Korea’s largest payment companies, BC Card processes more than 20% of the nation’s card transactions and serves 3.4 million domestic merchants. Its controlling shareholder is KT Corporation, one of the country’s three major telecom firms.
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「On-Chain BTC's Largest Short」 Shorts $165 Million of BTC, Single-Coin Unrealized Gain of $2.4 Million

On December 23rd, per HyperInsight monitoring, the largest BTC short position on Hyperliquid currently holds a $165 million BTC short with 20x leverage, boasting a floating profit of $2.4 million and an average entry price of $88,077.9. Additionally, it holds a $54 million ETH short position (with $1.8 million in profit) and an $18 million SOL short position (with $500,000 in profit).

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After @WhiteWhaleMeme announced a $100K USDC giveaway, a new wallet withdrew 240 SOL($30.2K) from Coinbase to buy 6.31M $WhiteWhale.

After @WhiteWhaleMeme announced a 100,000 $USDC Giveaway for $WhiteWhale holders, someone created a new wallet and withdrew 240 $SOL($30.2K) from Coinbase to buy 6.31M $WhiteWhale.

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A whale went long on ETH with 25x leverage during a downturn, with a position worth approximately $15 million

On December 23rd, per Onchain Lens data, a whale opened a 25x leveraged long position on ETH amid a market downturn on the Hyperliquid platform. The whale holds 5,063 ETH (valued at ~$15 million) with a liquidation price of $2,882.84.

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Ethereum Dips Below $2900, 24-hour Loss Extends to 5.4%

On December 23rd, per HTX market data, Ethereum has fallen below $2,900, with its 24-hour decline widening to 5.4%.

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Bitcoin Falls Below $87,000, 24-hour Loss Extends to 3.6%

On December 23, Bitcoin dropped below $87,000, posting a 3.6% decline over the past 24 hours, per HTX market data.

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Bitget(@bitget)'s #Bitcoin reserves have been growing and now stand at 34,055 $BTC(~$3B) — up 114% year-over-year.

Bitget(@bitget)'s #Bitcoin reserves have been growing and now stand at 34,055 $BTC(~$3B) — up 114% year-over-year.

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