Today’s Insider ⬇️
🚀Crypto Adoption: South Korea reclassifies crypto firms as venture companies amid growing interest
🏦 DeFi Meets CeFi: Circle and OKX launch zero-fee USDC conversions to US dollars.
📈New Market Leader? Solana edges Ethereum and Tron with $271M in Q2 network revenue
Market Update
Market | Value | Day PnL | YTD |
Bitcoin | $109,450 | +0.60% | +90% |
Ethereum | $2,663 | +3.35% | -13.35% |
Solana | $154 | +1.58% | +9.24% |
XRP | $2.38 | +4.25% | +451% |
S&P 500 | $6,260 | +0.56% | +6.44% |
Gold | $3,296 | -0.18% | +25% |
1. South Korea’s Reclassification of Crypto Firms Unlocks Industry-Wide Incentives
Institutional classification: South Korea proposes reclassifying crypto firms as “venture companies,” granting them access to tax incentives, subsidies, and state-backed financing.
🔎 Insider Insight: This policy shift reflects South Korea’s growing recognition of crypto as a legitimate innovation sector rather than a speculative outlier. It signals increased regulatory clarity and investment opportunities for domestic crypto firms.
Top Crypto Insider Pick of 2025
BlockchainFX Earns Reputation as a Super Trading App Amidst Growing Interest in Presale
The multi-market appeal of BlockchainFX (BFX) isn’t the only reason why many address it as the “first crypto super app.” Beyond its unified trading experience, BlockchainFX offers some of the most lucrative compensation, especially for early backers, which explains the surge in the number of early adopters. But more importantly, the platform aims to streamline access to all types of digital assets.
Why should you consider it? In addition to its layered incentives, such as exclusive memberships, a personalized BFX Visa Card, and trading credits of up to $25,000, BlockchainFX has undergone strict scrutiny from relevant audit firms like Certik, Coinsult, and Solidproof.
🔎 Insider Insight: BlockchainFX isn’t a regular crypto project. The presale star boasts a lot of unique features and potential that are rarely seen in most existing exchanges. Meanwhile, the native $BFX token is currently priced at $0.0155, which presents a profitable opportunity for early backers. This positive price outlook positions BlockchainFX as a major disruptive exchange.
What does “ICO” stand for in the crypto world?
2. Circle and OKX’s Partnership to Foster Synergy Between DeFi and CeFi
Crypto mainstreamization: Circle and OKX partner to launch zero-fee USDC-to-USD conversions, streamlining fiat on- and off-ramping for users.
🔎 Insider Insight: This partnership reduces friction in stablecoin-to-fiat conversions, enhancing usability for retail and institutional users. It reflects growing efforts to integrate stablecoins into mainstream financial systems seamlessly.
3. Solana Delivers Outstanding Q2 Performance to Outpace Ethereum and Tron
Solana tops Q2 on-chain revenue: The L1 blockchain outperformed its peers and L2 chains in Q2 2025 with $271M in network revenue, surpassing Ethereum, Tron, and Bitcoin.
🔎 Insider Insight: Driven by strong DApp activity, record Bitcoin trading, and meme coin launchpads, Solana’s consistent dominance highlights its appeal as a high-performance blockchain for developers and investors. However, rising competition from chains like Arbitrum and Ethereum’s scalability improvements underscores the need for Solana to sustain innovation to maintain its lead.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
