North Korean hackers created at least six tokens on the NEAR blockchain between Nov. 5 and 7 to move $430,000 stolen in the $6.3 billion Binance hack, according to blockchain analytics firm Elliptic. Elliptic said they used decentralized-exchange liquidity pools to move the funds between wallets, but the tokens drew almost no outside trading and were abandoned soon after launch.
Kraken parent Payward said its xStocks platform added tokenized versions of more than 200 UK- and EU-listed stocks and plans to add hundreds of Hong Kong-listed shares. South Korea’s Financial Services Commission plans to permit crypto exchanges to suspend deposits and withdrawals when hacking is suspected, under conditions it has yet to set out in a no-action letter; current rules allow such restrictions only when a hack is clearly established. Thailand’s securities regulator has proposed a daily stablecoin limit of 5 million baht ($148,000) each for deposits and withdrawals per customer at each regulated operator, and would bar transfers to and from third-party wallets.
