{"id":8839,"date":"2025-05-22T14:02:32","date_gmt":"2025-05-22T14:02:32","guid":{"rendered":"https:\/\/cryptozen.asia\/kr\/%ed%81%ac%eb%9d%bc%ec%bc%84-2025%eb%85%84-1%eb%b6%84%ea%b8%b0-%eb%a7%a4%ec%b6%9c-4%ec%96%b5-7%ec%b2%9c-2%eb%b0%b1%eb%a7%8c-%eb%8b%ac%eb%9f%ac-%eb%b3%b4%ea%b3%a0-%eb%8b%8c%ec%9e%90-%ed%8a%b8%eb%a0%88\/"},"modified":"2025-05-22T14:02:32","modified_gmt":"2025-05-22T14:02:32","slug":"%ed%81%ac%eb%9d%bc%ec%bc%84-2025%eb%85%84-1%eb%b6%84%ea%b8%b0-%eb%a7%a4%ec%b6%9c-4%ec%96%b5-7%ec%b2%9c-2%eb%b0%b1%eb%a7%8c-%eb%8b%ac%eb%9f%ac-%eb%b3%b4%ea%b3%a0-%eb%8b%8c%ec%9e%90-%ed%8a%b8%eb%a0%88","status":"publish","type":"post","link":"https:\/\/cryptozen.asia\/kr\/%ed%81%ac%eb%9d%bc%ec%bc%84-2025%eb%85%84-1%eb%b6%84%ea%b8%b0-%eb%a7%a4%ec%b6%9c-4%ec%96%b5-7%ec%b2%9c-2%eb%b0%b1%eb%a7%8c-%eb%8b%ac%eb%9f%ac-%eb%b3%b4%ea%b3%a0-%eb%8b%8c%ec%9e%90-%ed%8a%b8%eb%a0%88\/","title":{"rendered":"\ud06c\ub77c\ucf04, 2025\ub144 1\ubd84\uae30 \ub9e4\ucd9c 4\uc5b5 7\ucc9c 2\ubc31\ub9cc \ub2ec\ub7ec \ubcf4\uace0, \ub2cc\uc790 \ud2b8\ub808\uc774\ub354 \uc778\uc218 \uc644\ub8cc"},"content":{"rendered":"<h2>\ud06c\ub77c\ucf04\uc758 2025\ub144 1\ubd84\uae30 \uc7ac\ubb34 \uc131\uacfc<\/h2>\n<p>\ucd5c\uadfc \ubc1c\ud45c\ub41c \ud06c\ub77c\ucf04\uc758 2025\ub144 1\ubd84\uae30 \uc7ac\ubb34 \uc5c5\ub370\uc774\ud2b8\uc5d0 \ub530\ub974\uba74, \uc774 \uac70\ub798\uc18c\ub294 \ucd1d <strong>4\uc5b5 7\ucc9c 2\ubc31\ub9cc \ub2ec\ub7ec<\/strong>\uc758 \ub9e4\ucd9c\uc744 \uc62c\ub838\uc73c\uba70, \uc870\uc815 <strong>EBITDA<\/strong>\ub294 <strong>1\uc5b5 8\ucc9c 7\ubc31\ub9cc \ub2ec\ub7ec<\/strong>\uc5d0 \ub2ec\ud569\ub2c8\ub2e4. \uc774\ub294 2023\ub144 \uac19\uc740 \ubd84\uae30 \ub300\ube44 <strong>19% \uc99d\uac00<\/strong>\ud55c \uc218\uce58\uc785\ub2c8\ub2e4. \ud2b9\ud788, 2024\ub144 4\ubd84\uae30 \uc774\ud6c4 \uac70\ub798 \ud65c\ub3d9\uc774 \uac10\uc18c\ud55c \uc0c1\ud669\uc5d0\uc11c\ub3c4 \uc774\ub294 \ub2ec\uc131\ub418\uc5c8\uc2b5\ub2c8\ub2e4. \ub9e4\ucd9c\uc740 <strong>7% \uac10\uc18c<\/strong>\ud588\uc9c0\ub9cc, \uc870\uc815 <strong>EBITDA<\/strong>\ub294 <strong>1% \uc0c1\uc2b9<\/strong>\ud558\uc600\uace0, \uc774\ub294 \ud06c\ub77c\ucf04\uc774 \uc5f0\uc911 \ud6a8\uc728\uc801\uc73c\ub85c \uc6b4\uc601\ub420 \uc218 \uc788\uc74c\uc744 \uc785\uc99d\ud569\ub2c8\ub2e4.<\/p>\n<p>\uc5f0\uac04 \uac70\ub798\ub7c9\uc740 <strong>29% \uc99d\uac00<\/strong>\ud588\uc73c\uba70, \uc790\uae08\uc774 \uc785\uae08\ub41c \uacc4\uc88c \uc218\ub294 <strong>26% \uae09\uc99d<\/strong>\ud588\uc2b5\ub2c8\ub2e4. \ub9ce\uc740 \uace0\uac1d\uc774 \uc0c8\ub85c\uc6b4 \uae30\ub2a5\uacfc \uac1c\uc120\ub41c \uc0ac\uc6a9\uc790 \uacbd\ud5d8\uc73c\ub85c \uc778\ud574 \ud06c\ub77c\ucf04\uc5d0 \uac00\uc785\ud558\uc600\uc2b5\ub2c8\ub2e4. \ud5a5\uc0c1\ub41c \ud559\uc2b5 \ub3c4\uad6c\uc640 \uc2e0\uaddc \uc0ac\uc6a9\uc790\ub97c \uc704\ud55c \ud2b9\ud654\ub41c \uc808\ucc28 \ub355\ubd84\uc5d0 \uc774 \ud50c\ub7ab\ud3fc\uc740 \uc5b4\ub824\uc6b4 \uc2dc\uae30\uc5d0\ub3c4 \ub300\ubd80\ubd84\uc758 \ud68c\uc6d0\uc744 \uc720\uc9c0\ud560 \uc218 \uc788\uc5c8\uc2b5\ub2c8\ub2e4.<\/p>\n<h2>\uc608\uc815\ub41c \ud06c\ub77c\ucf04 \uc81c\ud488 \ud601\uc2e0<\/h2>\n<p>\ud06c\ub77c\ucf04\uc740 \uace0\uac1d\uc744 \uc704\ud574 \uc5ec\ub7ec \uac00\uc9c0 \uc0c8\ub85c\uc6b4 \uc81c\ud488\uc744 \ub3c4\uc785\ud560 \uc608\uc815\uc785\ub2c8\ub2e4. <strong>\ud06c\ub77c\ucf04 \ud398\uc774<\/strong>\ub97c \ud1b5\ud574 \uc0ac\uc6a9\uc790\ub4e4\uc740 <strong>300\uac1c \uc774\uc0c1\uc758 \uc138\uacc4 \uac01\uad6d \ud1b5\ud654<\/strong>\ub85c \ubc95\uc815 \ud654\ud3d0\uc640 \ub514\uc9c0\ud138 \uc790\uc0b0\uc744 \uacb0\uc81c\ud558\uace0 \uad50\ud658\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774 \uc0c8\ub85c\uc6b4 \uc81c\ud488\uc740 \uacb0\uc81c\ub97c \uac04\uc18c\ud654\ud558\uace0, \ub9ce\uc740 \uc0ac\uc6a9\uc790\uc640 \uac70\ub798\uc790\ub4e4\uc774 \uc774\ub97c \ucc44\ud0dd\ud558\ub3c4\ub85d \uc7a5\ub824\ud560 \uac83\uc73c\ub85c \uae30\ub300\ub429\ub2c8\ub2e4.<\/p>\n<p>\uac70\ub798\uc18c\ub294 \ub610\ud55c \ub2e4\uc911 \uc790\uc0b0 \uc554\ud638\ud654 \uac70\ub798\ub97c \uc704\ud55c \ud50c\ub7ab\ud3fc\uc73c\ub85c \uc124\uacc4\ub41c \uc0c8\ub85c\uc6b4 <strong>\ud06c\ub77c\ucf04 \uc571<\/strong>\uc744 \ucd9c\uc2dc\ud560 \uc608\uc815\uc785\ub2c8\ub2e4. \uc774 \uc571\uc740 \uc554\ud638\ud654\ud3d0, \ubc95\uc815 \ud654\ud3d0 \ubc0f \uae30\ud0c0 \uc790\uc0b0\uc5d0 \ub300\ud55c \uc6d0\ud65c\ud55c \ub300\uc2dc\ubcf4\ub4dc\ub97c \uc81c\uacf5\ud558\uc5ec \uc7a5\uae30 \ud22c\uc790\uc790\ub4e4\uc774 \ud3ec\ud2b8\ud3f4\ub9ac\uc624\ub97c \ud6a8\uc728\uc801\uc73c\ub85c \uad00\ub9ac\ud560 \uc218 \uc788\ub294 \ubc29\ubc95\uc744 \uc81c\uc2dc\ud569\ub2c8\ub2e4. \ub354 \uacbd\ud5d8\uc774 \ub9ce\uc740 \uc0ac\uc6a9\uc790\ub4e4\uc744 \uc704\ud574 <strong>\ud06c\ub77c\ucf04 \ud504\ub85c<\/strong>\ub294 OTC \uc2e4\ud589 \ub3c4\uad6c\uc758 \ub2e4\uc591\ud55c \uc635\uc158\uc744 \ub3c4\uc785\ud558\uace0, \ubaa8\ub4e0 \uc2dc\uc7a5\uc5d0\uc11c\uc758 \uc0ac\uc6a9\uc790 \uce5c\ud654\uc131\uc744 \uac1c\uc120\ud560 \uc608\uc815\uc785\ub2c8\ub2e4. \ud06c\ub77c\ucf04\uc758 <strong>FIX API<\/strong> \uc5c5\uadf8\ub808\uc774\ub4dc\ub294 \uace0\uc8fc\ud30c \uac70\ub798\uc790 \ubc0f \uae30\uad00 \uac70\ub798\uc790\ub4e4\uc774 \uac70\ub798\ub97c \uc2e0\uc18d\ud558\uace0 \uc2e0\ub8b0\ud560 \uc218 \uc788\uac8c \uc2e4\ud589\ud560 \uc218 \uc788\ub3c4\ub85d \ub3d5\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n<h2>\ud06c\ub77c\ucf04\uc758 \ubd84\uae30\ubcc4 \uc900\ube44\uae08 \uc99d\uba85(Proof of Reserves, PoR) \uc124\uba85<\/h2>\n<p>\ud22c\uba85\uc131\uc740 \ud06c\ub77c\ucf04\uc758 \uc804\ub7b5\uc5d0\uc11c \uc911\uc694\ud55c \uc694\uc18c\uc785\ub2c8\ub2e4. \uc5c5\uacc4 \ucd5c\uace0\uc758 <strong>\ud06c\ub77c\ucf04 \uc900\ube44\uae08 \uc99d\uba85(PoR)<\/strong> \uc774\ub2c8\uc154\ud2f0\ube0c\ub294 \uc774 \ubd84\uc57c\uc5d0\uc11c \uae30\uc900\uc744 \uc124\uc815\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. 2025\ub144 1\ubd84\uae30 \uc5c5\ub370\uc774\ud2b8\uc5d0\uc11c \uace0\uc9c0\ub41c \ubc14\uc640 \uac19\uc774, \ud06c\ub77c\ucf04\uc740 \ubd84\uae30\ubcc4 \uc900\ube44\uae08 \uc99d\uba85 \ubcf4\uace0\uc11c\ub97c \ubc1c\ud589\ud558\uae30\ub85c \ud55c \uacb0\uc815\uc744 \uc7ac\ud655\uc778\ud588\uc2b5\ub2c8\ub2e4. \uace0\uac1d\ub4e4\uc740 \ud06c\ub77c\ucf04\uc758 <strong>PoR<\/strong>\uc744 \ud1b5\ud574 \uc790\uc2e0\uc758 \uc790\uc0b0\uc774 <strong>1:1\ub85c \ubcf4\uc7a5<\/strong>\ub428\uc744 \ud655\uc778\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n<blockquote>\n<p>\uac70\ub798\uc18c\ub294 \uace0\uae09 \uc554\ud638\ud654 \uc99d\uba85\uacfc \uba38\ud074 \ud2b8\ub9ac \uac10\uc0ac\ub97c \uc81c\uacf5\ud558\uc5ec \uc0ac\uc6a9\uc790\uac00 \uc790\uae08\uc774 \uc644\uc804\ud788 \ubcf4\uc7a5\ub428\uc744 \ud655\uc778\ud558\uba74\uc11c \uac1c\uc778 \uc815\ubcf4\ub97c \ubc1d\ud790 \ud544\uc694\uac00 \uc5c6\uc774 \uc11c\ube44\uc2a4\ub97c \uc774\uc6a9\ud560 \uc218 \uc788\uac8c \ud569\ub2c8\ub2e4.<\/p>\n<\/blockquote>\n<p>\ub2e4\ub978 \uac70\ub798\uc18c\ub4e4\uc774 \uc885\uc885 \uc138\ubd80 \uc815\ubcf4\ub97c \ubcf4\uace0\ud558\ub294 \uac83\uc744 \ud68c\ud53c\ud558\ub294 \uac83\uacfc \ub2ec\ub9ac, \ud06c\ub77c\ucf04\uc740 \uc790\uc6d0\uc758 \uacf5\uac1c\ub97c \uc790\uc8fc \uc120\ud0dd\ud569\ub2c8\ub2e4. \uc774 \uae30\uc900\uc740 \ud06c\ub77c\ucf04\uc774 \uc0ac\uc6a9\uc790 \uc2e0\ub8b0\ub97c \uc5bb\uace0, \ud22c\uba85\uc131\uc5d0 \ub300\ud55c \uba85\uc131\uc744 \uac15\ud654\ud558\ub294 \ub370 \ub3c4\uc6c0\uc744 \uc90d\ub2c8\ub2e4.<\/p>\n<h2>\ud06c\ub77c\ucf04 \uac70\ub798\uc18c\uc758 \ubbf8\ub798 \uc804\ub9dd<\/h2>\n<p>\uc55e\uc73c\ub85c \ud06c\ub77c\ucf04\uc740 \ubaa8\ub4e0 \uc790\uc0b0 \ud074\ub798\uc2a4\uc5d0 \ub300\ud55c \ud1b5\ud569 \ud50c\ub7ab\ud3fc\uc73c\ub85c \uc790\ub9ac\ub9e4\uae40\ud558\uace0, \uc18c\ub9e4 \ud22c\uc790\uc790\uc640 \uc804\ubb38 \uae30\uad00 \ubaa8\ub450\ub97c \uc704\ud55c \uc11c\ube44\uc2a4\ub97c \uc81c\uacf5\ud558\ub294 \uac83\uc744 \ubaa9\ud45c\ub85c \ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. <strong>\ub2cc\uc790 \ud2b8\ub808\uc774\ub354\uc758 \ud1b5\ud569<\/strong>, \ud06c\ub77c\ucf04 \ud504\ub85c\uc758 \uc131\uc7a5, \ud06c\ub77c\ucf04 \ud398\uc774\uc758 \ucd9c\uc2dc\ub294 \ud68c\uc0ac\uac00 \ubaa8\ub4e0 \uc7ac\ubb34 \uc694\uad6c\ub97c \uad00\ub9ac\ud558\uae30 \uc704\ud55c \uc6d0\uc2a4\ud1b1 \uc0f5\uc73c\ub85c \ub098\uc544\uac00\uace0 \uc788\uc74c\uc744 \ubcf4\uc5ec\uc90d\ub2c8\ub2e4.<\/p>\n<p>\ud06c\ub77c\ucf04\uc758 \uae30\uad00 \ud22c\uc790\uc790\ub4e4\uc5d0 \ub300\ud55c \ub9e4\ub825\uc740 \ud50c\ub7ab\ud3fc\uc758 \uc0ac\uc6a9 \uc6a9\uc774\uc131, \uc6b0\uc218\ud55c \ubcf4\uace0 \uc81c\uacf5, \uadf8\ub9ac\uace0 \uaddc\uc81c\ub97c \uc900\uc218\ud558\ub824\ub294 \ud68c\uc0ac\uc758 \ub178\ub825 \ub355\ubd84\uc5d0 \ub354\uc6b1 \uac15\ud574\uc9c0\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc774 \uac70\ub798\uc18c\ub294 \uc138\uacc4 \uc5ec\ub7ec \uc9c0\uc5ed\uc758 \uaddc\uc81c \uae30\uad00\uacfc \uc18c\ud1b5 \ubc0f \ud611\ub825\ud558\uba70, \uad6d\uc81c \uc740\ud589 \ubc0f \uae08\uc735 \uae30\uc900\uc744 \uc900\uc218\ud558\uae30 \uc704\ud574 \uc9c0\uc18d\uc801\uc73c\ub85c \uc131\uc7a5\ud558\uace0 \uc2e0\ub8b0\ub97c \uad6c\ucd95\ud558\uae30 \uc704\ud55c \ub178\ub825\uc744 \ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n<p>\uc2dc\uc7a5 \ud655\uc7a5\ub3c4 \uc608\uc815\ub418\uc5b4 \uc788\uc73c\uba70, \ud06c\ub77c\ucf04\uc740 \uc0c8\ub85c\uc6b4 \ubd84\uc57c\uc640 \ube44\uc988\ub2c8\uc2a4\uc5d0 \uc9c4\ucd9c\ud560 \uc608\uc815\uc785\ub2c8\ub2e4. \uc5ec\uae30\uc5d0\ub294 \uc548\uc804 \ubc0f \ud504\ub77c\uc774\ubc84\uc2dc\uc640 \uad00\ub828\ub41c \ud604\uc9c0 \uaddc\uc81c\ub97c \uc900\uc218\ud558\uba70 \ud50c\ub7ab\ud3fc\uc774 \uc138\uacc4 \uc5ec\ub7ec \uad6d\uac00\ub97c \uc9c0\uc6d0\ud558\ub3c4\ub85d \ud558\ub294 \uac83\uc774 \ud3ec\ud568\ub429\ub2c8\ub2e4.<\/p>\n<h2>\ud06c\ub77c\ucf04\uc774 2025\ub144 \uc554\ud638\ud654\ud3d0 \uac70\ub798\uc18c\uc758 \uae30\uc900\uc744 \uc124\uc815\ud588\ub294\uac00?<\/h2>\n<p>\ud06c\ub77c\ucf04\uc740 \uacac\uace0\ud55c \uc7ac\ubb34 \uc131\uacfc, \uc0ac\uc6a9\uc790 \uc2e0\ub8b0, \uadf8\ub9ac\uace0 \uc81c\ud488 \uc81c\uacf5 \ud655\uc7a5\uc744 \uc704\ud55c \uc8fc\uc694 \uc778\uc218 \ub355\ubd84\uc5d0 \uc554\ud638\ud654\ud3d0 \uac70\ub798\uc18c \uc911 \uae09\uaca9\ud788 \uc120\ub450\ub97c \ucc28\uc9c0\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. 1\ubd84\uae30 \uc218\uc775 \ubcf4\uace0\uc11c\ub294 \uc131\uc7a5\ubfd0\ub9cc \uc544\ub2c8\ub77c \ud601\uc2e0, \ud22c\uba85\uc131, \uadf8\ub9ac\uace0 \uc801\uc751\ub825\uc5d0 \uae30\ubc18\ud55c \uc2e0\uc911\ud55c \ud655\uc7a5 \uc804\ub7b5\uc744 \ubc18\uc601\ud569\ub2c8\ub2e4.<\/p>\n<p>\ub2cc\uc790 \ud2b8\ub808\uc774\ub354 \uc778\uc218, \ud06c\ub77c\ucf04 \ud398\uc774\uc758 \ub3c4\uc785, \uadf8\ub9ac\uace0 \uc9c0\uc18d\uc801\uc778 <strong>PoR<\/strong> \ubcf4\uace0\ub294 \ud06c\ub77c\ucf04\uc774 \ud604\ub300 \uac70\ub798\uc790\ub4e4\uc744 \uc704\ud55c \ud3ec\uad04\uc801\uc778 \uc0dd\ud0dc\uacc4\ub97c \uad6c\ucd95\ud558\ub294 \ub370 \ub3c4\uc6c0\uc744 \uc8fc\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ub2e4\uc911 \uc790\uc0b0 \uc81c\uacf5, \uace0\ud488\uc9c8 \ud22c\uc790 \ub3c4\uad6c, \uadf8\ub9ac\uace0 \ubbf8\ub798 \uc9c0\ud5a5\uc801\uc778 \uaddc\uc81c\uac00 \ud06c\ub77c\ucf04\uc744 \uc5c5\uacc4\uc758 \uc120\ub450\uc8fc\uc790\ub85c \ub9cc\ub4e4\uc5b4 \uc8fc\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc554\ud638\ud654\ud3d0 \uac70\ub798\uc18c \uc2dc\uc7a5\uc758 \uc131\uc219\ud568\uc5d0 \ub530\ub77c, \ud06c\ub77c\ucf04\uc758 \uaddc\ubaa8\uc640 \ubcf4\uc548, \uadf8\ub9ac\uace0 \uc720\uc5f0\uc131\uc744 \uacb0\ud569\ud55c \ub2a5\ub825\uc740 \ucd94\uac00 \uc131\uc7a5\uc744 \uc704\ud55c \uc720\ub9ac\ud55c \uc704\uce58\ub97c \uac16\ucd94\uac8c \ub429\ub2c8\ub2e4. \uace0\uae09 \uac70\ub798\uc5d0 \ucc38\uc5ec\ud558\uace0\uc790 \ud558\ub294 \ubaa8\ub4e0 \uc774\ub4e4\uc744 \uc704\ud574 \ud06c\ub77c\ucf04\uc740 2025\ub144\uacfc \uadf8 \uc774\ud6c4\uc5d0\ub3c4 \ub9ce\uc740 \uc0ac\uc6a9\uc790\ub97c \uc720\uce58\ud560 \ub2a5\ub825\uc744 \uac16\ucd94\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ud06c\ub77c\ucf04\uc758 2025\ub144 1\ubd84\uae30 \uc7ac\ubb34 \uc131\uacfc \ucd5c\uadfc \ubc1c\ud45c\ub41c \ud06c\ub77c\ucf04\uc758 2025\ub144 1\ubd84\uae30 \uc7ac\ubb34 \uc5c5\ub370\uc774\ud2b8\uc5d0 \ub530\ub974\uba74, \uc774 \uac70\ub798\uc18c\ub294 \ucd1d 4\uc5b5 7\ucc9c 2\ubc31\ub9cc \ub2ec\ub7ec\uc758 \ub9e4\ucd9c\uc744 \uc62c\ub838\uc73c\uba70, \uc870\uc815 EBITDA\ub294 1\uc5b5 8\ucc9c 7\ubc31\ub9cc \ub2ec\ub7ec\uc5d0 \ub2ec\ud569\ub2c8\ub2e4. \uc774\ub294 2023\ub144 \uac19\uc740 \ubd84\uae30 \ub300\ube44 19% \uc99d\uac00\ud55c \uc218\uce58\uc785\ub2c8\ub2e4. \ud2b9\ud788, 2024\ub144 4\ubd84\uae30 \uc774\ud6c4 \uac70\ub798 \ud65c\ub3d9\uc774 \uac10\uc18c\ud55c \uc0c1\ud669\uc5d0\uc11c\ub3c4 \uc774\ub294 \ub2ec\uc131\ub418\uc5c8\uc2b5\ub2c8\ub2e4. \ub9e4\ucd9c\uc740 7% \uac10\uc18c\ud588\uc9c0\ub9cc, \uc870\uc815 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