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The Bank of Korea Raises Interest Rates for the First Time in Three and a Half Years, in Line with Expectations

BlockBeats News, July 16th, The Bank of Korea raised its interest rate by 25 basis points to 2.75% in its first rate hike since January 2023, in line with market expectations.

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On-Chain Activity

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A Whale Acquires 50 WBTC, Increasing Cryptocurrency Spot Holdings to Over $100 Million

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A certain whale withdrew 30,000 ETH and transferred it to three new addresses

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Flash Shield: Approximately 24 million USDC Stolen from the Vault, Converted to ETH by Hacker and Transferred to Tornado Cash

2h ago

Arthur Hayes is steadily increasing his ETH position through OTC trading.

24H Important News

2026-07-16

Hong Kong Stock Alibaba Surges Over 5%

OpenAI Unveils First Hardware Product: $230 Codex Mini Keyboard

Bank of Korea: Uncertainties Remain over Semiconductor Industry, Middle East Developments, and Trade Environment

Former CTO of OpenAI Launches New Company, Open Sources First Model: Inkling, Architecture Inspired by DeepSeek-V3

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