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DeFi, the second peak is coming

(Feat. Diving into Injective)

INFCL

13 Jan 2025 • 2 min read

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Cooling Markets and Rising Caution in Korea

1. Market Overview Last week, Bithumb expanded its KRW market with new listings for BOB, OriginTrail, and Sapien. Trading activity across Korean exchanges remained led by large-cap assets, with Upbit showing stronger overall volume than Bithumb throughout the week. On Upbit, XRP ($1.23B), BTC ($1.05B), and ETH ($896M)

08 Dec 2025 7 min read

Privacy-First Trust (Feat. zk-KYC와 Billions가 AI 시대의 감시 없는 기반을 재정의하다)

Table of Contents I. 신뢰 인프라의 부상 – 왜 지금 중요한가 1. AI와 디지털 금융이 만든 ‘신뢰 위기’ 2. KYC의 딜레마: 프라이버시를 희생하는 보안 모델은 왜 실패할 수 밖에 없는가 3. Billions와 ‘감시 없는 신뢰’ 모델의 등장 II. Billions: 프라이버시 중심 패러다임의 변화 1. Billions 네트워크 개요 – 인간과 AI 신뢰의 결합

08 Dec 2025 67 min read

Upbit Hack Distorts Trading Flow as Naver–Dunamu Deal Advances

1. Market Overview Last week, trading activity across Upbit and Bithumb remained steady, with XRP, BTC, and ETH continuing to dominate volumes. On Upbit, XRP recorded approximately $1.25B, followed by BTC at $1.07B and MON at $726M. Bithumb again showed its characteristic stablecoin-heavy flow, with USDT at $1.

01 Dec 2025 7 min read

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