Alliance
Alliance, formerly known as the DeFi Alliance, is the leading Web3 accelerator and founder community. It helps the top 1% of Web3 founders to start and grow their companies through a 9-week program led by experienced Web3 experts. The Alliance DAO community comprises of fellow founders, lawyers, auditors, liquidity providers, market makers, and more.
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0G Launches AI Alliance Carnival Campaign with Participation from Multiple AI Ecosystem Projects
the 0G Chinese community has officially announced the launch of the "0G AI Alliance Carnival" campaign, collaborating with multiple AI ecosystem projects to drive the expansion of the 0G ecosystem through online tasks, community activities, and offline exposure.Participating projects in this campaign include: AI prediction market NeoSoulAI, AI Agent infrastructure Ghast AI, AI Meme Agent project moonfun_ai, privacy verification protocol Primus Labs, and AI Agent economy platform gm.town. Rewards for the campaign include NeoSoul tokens, Moon Points, SBTs, and early access invitation codes.0G stated that more ecosystem projects will join in the future. This campaign is supported in terms of marketing by the 0G ecosystem project lighthouse_2026.
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Korean Investors’ Crypto Holdings Shrink Over 50% in a Year, Funds Accelerate Shift to Stock Market
that, according to data submitted by the Bank of Korea to the National Assembly, the total value of crypto assets held by South Korean investors fell from 121.8 trillion won (approximately $83.3 billion) at the end of January 2025 to 60.6 trillion won (approximately $41.4 billion) at the end of February 2026, a decline of over 50% within a year. During the same period, the average daily trading volume on South Korea's top five exchanges—Upbit, Bithumb, Korbit, Coinone, and Gopax—dropped from $11.6 billion in December 2024 to $3 billion in February this year. The total Korean won deposits on these exchanges also decreased from 10.7 trillion won to 7.8 trillion won, reflecting that some funds are flowing into the South Korean stock market.However, stablecoin holdings have remained relatively resilient. Data shows that South Korean stablecoin holdings peaked at $597 million in December 2024 before falling to $41 million in February this year, a decline significantly smaller than that of the broader crypto market.Additionally, South Korean regulators plan to implement stricter anti-money laundering rules in August, which will automatically flag as suspicious any transactions involving overseas exchanges or private wallets exceeding 10 million won. The Digital Asset Exchange Alliance (DAXA) has warned that this measure could drive users toward offshore platforms such as Binance.Meanwhile, the South Korean Ministry of Economy and Finance recently confirmed for the first time that a 22% tax rate on crypto gains will officially take effect on January 1, 2027. (Cointelegraph)
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Korean Crypto Industry Opposes New AML Rules: Cross-Border Transfer Reporting Threshold May Trigger Compliance Pressure
: South Korea's crypto industry has expressed strong concerns over proposed amendments to anti-money laundering (AML) regulations, arguing that the rules could impose excessive compliance burdens on Virtual Asset Service Providers (VASPs).According to Yonhap News Agency, the Digital Asset eXchange Alliance (DAXA), representing 27 VASPs including Upbit, Bithumb, Coinone, Korbit, and Gopax, submitted comments opposing the classification of all overseas virtual asset transfers exceeding 10 million won (approximately $6,800) as suspicious transaction reports.DAXA warned that this rule could cause the number of suspicious transaction reports from South Korea's top five exchanges to skyrocket from approximately 63,000 last year to over 5.4 million—an increase of about 85 times—severely impacting the efficiency of actual compliance execution. Furthermore, the industry also opposes a new obligation requiring exchanges to verify the accuracy of customer information, arguing it exceeds the scope of current legal authorization.South Korea's Financial Services Commission (FSC) and Financial Intelligence Unit (FIU) proposed the relevant amendments on March 30, which have now entered a public comment period, with final deliberation expected to be completed in July.Meanwhile, legal disputes between Korean exchanges and regulators over AML penalties continue. Multiple platforms are challenging previous business restrictions and fines through the courts, reflecting an escalating tension between regulatory tightening and the industry's execution capabilities. (Cointelegraph)
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South Korea’s virtual asset industry objects to the revised draft of the Special Financial Information Act, warning that mandatory reporting requirements will cause operational chaos
According to Yonhap News Agency, the Korea Digital Asset Exchange Alliance (DAXA) submitted its official comments on the draft Enforcement Decree of the Act on Reporting and Using Specified Financial Transaction Information (“Special Financial Information Act”) to the National Participation Legislative Center of the Ministry of Government Legislation on April 29. The comments reflect the collective views of 27 Virtual Asset Service Providers (VASPs), including the five major exchanges Upbit and Bithumb. DAXA raised objections to two core provisions in the draft revision: First, the proposal to categorize all virtual asset transactions exceeding KRW 10 million as suspicious transactions—mandating compulsory reporting to the Financial Intelligence Unit (FIU). This change is projected to increase the annual number of suspicious transaction reports filed by the five major exchanges from 63,000 to 5.445 million, an 85-fold surge. Second, the draft introduces a new obligation to verify the accuracy of customer information, going beyond existing customer identification requirements—and exceeding the scope of authority granted under the higher-level law. Moreover, penalties for noncompliance are significantly harsher than those applied to other financial sectors. While DAXA supports the legislative intent behind the revision—to strengthen the anti-money laundering (AML) framework—it contends that certain provisions overstep the statutory delegation of authority and impose discriminatory treatment on the virtual asset industry. The draft revision’s public consultation period ends on May 11, with formal adoption expected in July. The relevant provisions will be implemented in phases between August 2026 and 2027.
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Bitget Launches First Courses of Blockchain4Youth Learning Center, Collaborates with Bondex to Build Web3 Talent Pipeline
Bitget has officially launched the first courses of the "Blockchain4Youth Learning Center," aiming to provide the youth with a systematic blockchain learning path and further bridge the gap between knowledge acquisition and career development. Upon completing the course and passing the assessment, students will receive a certificate of completion issued by Bitget's Chief Marketing Officer, Ignacio Aguirre Franco, serving as official recognition of their Web3 capabilities. Certificate holders will gain increased industry exposure and priority employment opportunities among partner employers within the Blockchain4Youth Talent Alliance.To close the loop from learning to employment, Bitget has partnered with Web3 recruitment platform Bondex to provide students with a transparent job-seeking channel and talent pool connection mechanism. Ignacio Palomera, Co-founder of Bondex, stated that the project aims to address real-world issues learners face, such as a lack of industry connections after completing courses, insufficient valid credentials, and unclear career paths, thereby building a more direct bridge between young talent and hiring companies.To date, Bitget's Blockchain4Youth series of projects has attracted over 15,000 young participants. Bitget CMO Ignacio Aguirre Franco pointed out that the goal of the Learning Center is to transform youth interest in Web3 into tangible entry-level pathways. As the initiative progresses, Blockchain4Youth is also evolving from a single-event project into a long-term infrastructure for Web3 education, career guidance, and talent development.
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Ethereum Foundation-funded project Ketman identifies 100 North Korean IT personnel
According to Cointelegraph, the Ethereum Foundation stated that its funded Ketman project identified 100 North Korean IT personnel operating covertly within Web3 organizations over a six-month period and issued warnings to approximately 53 projects indicating they may have hired such individuals. The project focuses on the issue of “fraudulent developers” in the crypto industry and is part of the ETH Rangers Public Safety Grant Program. Ketman has also developed an open-source detection tool for identifying suspicious GitHub activity and collaborated with the Security Alliance to co-develop an industry-wide identification framework for detecting North Korean IT personnel.
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North Korean hackers use AI technology to conduct social engineering attacks against Zerion hot wallets
Zerion disclosed that some of its corporate hot wallets were recently targeted by an AI-driven social engineering attack linked to North Korean hackers, resulting in losses of approximately $100,000. Zerion stated that user funds, applications, and infrastructure remain unaffected and proactively disabled its web application to mitigate risk. This incident marks the second such attack this month, following the $280 million breach of Drift Protocol, underscoring how North Korean hackers are leveraging AI to refine social engineering tactics—primarily targeting employees and developers at crypto firms. The Security Alliance (SEAL) tracked the hacker group UNC1069, which conducts low-pressure, multi-week social engineering campaigns across platforms including Telegram, LinkedIn, and Slack, using AI tools to edit images and videos to enhance attack efficiency.
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