Author: 行政
Most breaches involved failures in customer due diligence and identity verification processes. The action coincides with reports of a potential majority acquisition by Mirae Asset. The case reinforces stricter regulatory expectations across South Korea’s crypto sector. South Korea’s year-end move against Korbit marks a decisive moment for the country’s digital asset industry, as regulators signal that gaps in compliance will carry real consequences. On December 31, the Financial Intelligence Unit closed an on-site investigation into one of the country’s longest-operating exchanges with a significant financial penalty and management-level sanctions. The action, based on findings from an October inspection, places renewed…
This year’s defining security event was not a sophisticated DeFi exploit or a novel protocol failure, but the $1.46 billion theft from Bybit, a top-tier centralized exchange.That single event, attributed to sophisticated state-sponsored actors, rewrote the narrative of the year. It proved that while the frequency of attacks has dropped, the severity of the damage has escalated to systemic levels. Related ReadingByBit suffers $1.5 billion Ethereum heist in cold wallet breachThe sophisticated attack exploited ByBit’s Ethereum cold wallet, but all other systems are reportedly unaffected. Feb 21, 2025 · Oluwapelumi Adejumo Data from blockchain security firm SlowMist paints a picture…
Banks just demanded $26 billion in emergency cash but Bitcoin traders are missing a critical warning signal
It started the way these things often do: a screenshot, a red circle, a big number, and a timeline that makes your stomach do a tiny flip.On Dec. 29, the Federal Reserve’s overnight repo line item jumped to $16 billion after printing close to zero on most days.It then slid back to $2.0 billion the very next day. You can see it directly on FRED, under the New York Fed’s temporary open market operations series.Overnight repo rate (Source: FRED via Barchart)If you only look at the spike, it’s easy to tell yourself a dramatic story: banks are desperate, the Fed…
Prenetics halts new Bitcoin purchases after recent crypto market volatility. The company is prioritising the growth of its IM8 supplements brand. Prenetics currently holds 510 BTC and over $70 million in cash reserves. Prenetics Global, a consumer health and supplements company backed by football icon David Beckham, has reversed its short-lived plan to build a Bitcoin treasury, opting instead to focus its capital on expanding its flagship nutrition brand, IM8. In a statement issued on Tuesday, the Nasdaq-listed firm confirmed that it will no longer pursue additional Bitcoin purchases, signalling a shift away from digital assets amid volatile market conditions.…
China will allow interest on digital yuan (e-CNY) holdings starting in 2026. US banks and crypto firms clash over enforcing the GENIUS Act ban. Coinbase executive warns stablecoin yield bans could weaken US global competitiveness. China’s central bank, the People’s Bank of China (PBOC), announced earlier this week that it will allow commercial banks to pay interest on holdings of the digital yuan, also known as the e-CNY. The new framework is scheduled to take effect on Jan. 1, 2026, and the PBOC Deputy Governor Lu Lei said the change will transform the e-CNY from a form of digital cash…
2025 was supposed to be crypto’s maturation year, with regulatory clarity, institutional adoption, and infrastructure built to last. In fact, the foundation for all these topics was laid down.Yet, it also delivered a master class in how quickly narratives collapse when opacity meets price discovery.Tokens that launched with maximum hype, extracted maximum fees, and then revealed the side deals, dilution schedules, and empty promises that had been there all along.What links Movement’s market-maker scandal to KindlyMD’s 99% equity drawdown isn’t bad luck or bear-market timing. It’s the same playbook: sell the dream to retail, negotiate different terms with insiders, and…
Pi Network halts wallet requests after large-scale scams target users. Scammers exploit public balances and impersonate trusted contacts. PI trades near $0.20 amid low liquidity and token unlocks. Pi Network has temporarily disabled its wallet payment request feature in response to a surge of sophisticated scam activity that has led to the loss of millions of PI tokens from user wallets. The move, announced by the Pi Core Team on social platform X, comes as attackers increasingly exploit the platform’s payment request function to trick users into approving fraudulent transfers. According to on‑chain data shared by community observers and reporting…
Hacker Protocol drained 1,337 ETH via compromised Unleash multisig governance. The stolen funds have been sent through Tornado Cash to obscure transaction trails. The breach is limited to Unleash, and Story Protocol infrastructure is unaffected. A hacker who recently exploited Unleash Protocol has begun laundering stolen funds through the Ethereum-based privacy service Tornado Cash, according to on-chain data and blockchain security firms. The attacker is attempting to obscure the trail of roughly 1,337 ETH, valued at close to $4 million, drained from Unleash earlier this week. Security companies PeckShield and CertiK have reported that the funds were transferred to Ethereum…
Bitwise filed for 11 crypto strategy ETFs with mixed direct and indirect exposure. The proposed ETFs target assets like TAO, TRX, UNI, ZEC, Aave, and other tokens. Bitwise remains bullish, citing ETF demand, institutions, and easing cycles. Crypto asset manager Bitwise has taken another step toward expanding investors’ access to digital assets, filing applications with the US Securities and Exchange Commission (SEC) for 11 new cryptocurrency exchange-traded funds (ETFs). According to regulatory filings submitted this week, the proposed products are structured as “crypto strategy” ETFs. Unlike pure spot ETFs, each fund would combine direct exposure to a specific cryptocurrency with…
Prenetics has officially halted its Bitcoin purchases to focus all capital and attention on its consumer health brand IM8, which recently hit 100 million dollars in annual revenue. The company will keep its current stash of 510 Bitcoin as a reserve asset but is abandoning its previous goal of buying one coin per day. While Bitcoin and rival crypto-heavy stocks have struggled recently, Prenetics shares have surged 189% this year following this strategic shift toward its health business. Prenetics (PRE) said it has stopped buying Bitcoin (BTC) and will not commit any further capital to expand its BTC holdings, citing…