{"id":893,"date":"2025-12-28T16:44:07","date_gmt":"2025-12-28T16:44:07","guid":{"rendered":"https:\/\/sosahustle.com\/blog\/2025\/12\/28\/mirae-asset-group-to-acquire-crypto-exchange-korbit\/"},"modified":"2025-12-28T16:44:07","modified_gmt":"2025-12-28T16:44:07","slug":"mirae-asset-group-to-acquire-crypto-exchange-korbit","status":"publish","type":"post","link":"https:\/\/sosahustle.com\/blog\/2025\/12\/28\/mirae-asset-group-to-acquire-crypto-exchange-korbit\/","title":{"rendered":"Mirae Asset Group to acquire crypto exchange Korbit"},"content":{"rendered":"

Introduction to Recent Developments in Crypto<\/h2>\n

Today in crypto: Mirae Asset Group is reportedly in talks to acquire South Korea\u2019s crypto exchange Korbit, US Senator Cynthia Lummis says Fed\u2019s \u2018skinny\u2019 accounts will end Operation Chokepoint 2.0. Meanwhile, Bitmine has begun staking Ether after depositing nearly $219 million worth of ETH into Ethereum\u2019s PoS system.<\/p>\n

Mirae Asset in Talks to Buy Korean Crypto Exchange Korbit<\/h2>\n

Mirae Asset Group is in talks to acquire Korbit, South Korea\u2019s fourth-largest cryptocurrency exchange, in a deal valued at roughly 100 billion to 140 billion Korean won ($70 million to $100 million). The potential acquisition would be led by Mirae Asset Consulting, a non-financial affiliate of the group, which has reportedly signed a memorandum of understanding with Korbit\u2019s major shareholders, according to a Sunday report from The Chosun Daily.<\/p>\n

Korbit is primarily owned by NXC and its subsidiary Simple Capital Futures, which together hold about 60.5% of the exchange. SK Square owns an additional 31.5% stake. Korbit holds a full operating license and compliance infrastructure, which could make it an attractive entry point for a major financial group seeking regulated exposure to digital assets.<\/p>\n

Top Korean crypto exchanges. Source: CoinGecko<\/a>.<\/p>\n

Bitmine Begins Staking ETH<\/h2>\n

Ethereum treasury firm Bitmine has begun staking its Ether holdings, depositing nearly $219 million worth of ETH into Ethereum\u2019s proof-of-stake (PoS) system. On Sunday, multiple wallets linked to Bitmine sent large Ether (ETH) transfers to a contract labeled \u201cBatchDeposit,\u201d onchain data from Arkham shows. The transfers totaled 74,880 ETH, a pattern typically associated with institutional staking setups that aggregate funds before validator creation.<\/p>\n

\u201cThe largest Ethereum treasury company Bitmine (BMNR) has finally started attempting to stake its held ETH to earn interest income,\u201d EmberCN said in a post on X. \u201cThis is their first time staking, and they now hold 4.066 million ETH, with an approximate APY of 3.12%. If all of it were staked, they could earn about 126,800 ETH in interest over a year, which at the current price of $2,927 would be worth $371 million,\u201d the onchain analyst said.<\/p>\n

\"DAO,<\/p>\n

Bitmine sending ETH to PoS staking address. Source: EmberCN<\/a><\/p>\n

Ethereum’s TVL Could Skyrocket<\/h2>\n

Ethereum\u2019s total value locked (TVL) may surge ten-fold in 2026 as adoption expands across multiple use cases and institutional investors, according to Sharplink\u2019s co-CEO Joseph Chalom. Sharplink Gaming is the second-largest public Ethereum treasury company, holding 797,704 ETH, worth roughly $2.33 billion at the time of publication, according to Ethereum Treasuries data.<\/p>\n

\u201cThe stablecoin market will hit $500B by the end of next year,\u201d Chalom predicted in an X post on Friday, as the total stablecoin market capitalization currently sits at around $308.46 billion. A move to $500 billion would represent an increase of about 62%. With over half of the total stablecoin activity (54%) taking place on Ethereum, such a rise could potentially contribute to an increase in the network\u2019s TVL.<\/p>\n

For more information on these developments and others in the crypto space, visit Here<\/a><\/p>\n

Smart Tip for Readers<\/h2>\n

To stay up-to-date with the latest cryptocurrency news and trends, consider setting up a news aggregator or following reputable sources in the crypto industry, allowing you to make informed decisions based on current market developments.<\/p>\n","protected":false},"excerpt":{"rendered":"

Introduction to Recent Developments in Crypto Today in crypto: Mirae Asset Group is reportedly in talks to acquire South Korea\u2019s crypto exchange Korbit, US Senator Cynthia Lummis says Fed\u2019s \u2018skinny\u2019 accounts will end Operation Chokepoint 2.0. Meanwhile, Bitmine has begun staking Ether after depositing nearly $219 million worth of ETH into Ethereum\u2019s PoS system. Mirae […]<\/p>\n","protected":false},"author":1,"featured_media":894,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/f=auto,onerror=redirect,w=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-06\/01979423-ef8e-7c60-b937-b9ddf75fe8ad","fifu_image_alt":"","footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"post-893","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crypto"},"_links":{"self":[{"href":"https:\/\/sosahustle.com\/blog\/wp-json\/wp\/v2\/posts\/893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sosahustle.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sosahustle.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sosahustle.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sosahustle.com\/blog\/wp-json\/wp\/v2\/comments?post=893"}],"version-history":[{"count":1,"href":"https:\/\/sosahustle.com\/blog\/wp-json\/wp\/v2\/posts\/893\/revisions"}],"predecessor-version":[{"id":895,"href":"https:\/\/sosahustle.com\/blog\/wp-json\/wp\/v2\/posts\/893\/revisions\/895"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sosahustle.com\/blog\/wp-json\/wp\/v2\/media\/894"}],"wp:attachment":[{"href":"https:\/\/sosahustle.com\/blog\/wp-json\/wp\/v2\/media?parent=893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sosahustle.com\/blog\/wp-json\/wp\/v2\/categories?post=893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sosahustle.com\/blog\/wp-json\/wp\/v2\/tags?post=893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}