Binance Criticizes Barcelona’s $22M Crypto Deal
FC Barcelona faces backlash over a $22M sponsorship with Samoa-based crypto firm Zero-Knowledge Proof amid financial concerns and alleged ties to influencer Andrew Tate. #Update #Sports
Crypto Exchanges
Focuses on platforms where cryptocurrencies are bought, sold, or traded, including features, security measures, and exchange rates.
Upbit Hack Reveals $30M Wallet Flaw
Upbit identified and fixed a critical wallet vulnerability during its investigation of a $30 million theft, confirming losses of approximately 44.5 billion KRW. Security measures are being enhanced. #Update #Crypto $SOL
KuCoin Secures MiCA License for EEA
KuCoin EU secures a MiCA license from Austria’s Financial Market Authority, enabling regulated digital-asset services across 29 EEA countries, excluding Malta. #Update #Legal
KuCoin Launches MiCA License in Austria
@KuCoinEU has secured a Markets in Crypto Assets (MiCA) regulation license in Austria, enabling it to provide regulated services across the European Economic Area. #Update #Crypto
Upbit Hack Tied to Lazarus Group
Upbit reports $36M drained from its Solana hot wallet, suspected link to North Korea’s Lazarus Group; South Korean authorities launch probe. #Breaking #Security $SOL
Bitcoin Breach: Lazarus Hits Upbit
Upbit’s Solana-network hot wallet was hacked for $30.6M, suspected to be by North Korea’s Lazarus Group. Deposits and withdrawals are suspended; reimbursements pledged. #Breaking #Crypto $SOL
Binance Boosts Stablecoin Reserves to $51B
@Binance leads in spot and futures trading, controlling a third of Bitcoin and Ethereum flows, with stablecoin reserves hitting $51.1B. Spot volume at $25B outpaces competitors. #Update #Crypto $BTC $ETH
Binance Pledges HK$10M Amid Hong Kong Fire
Binance commits HK$10M to Hong Kong’s disaster relief following its deadliest fire in decades, emphasizing the need for transparent recovery efforts. #Update #Crypto $BNB
Binance Sees 300 Million XRP Withdrawn
Institutional interest in $XRP is rising, with 300 million tokens withdrawn from Binance since October, reducing reserves to 2.7 billion, signaling a shift towards long-term holding. #Update #Crypto $XRP
Binance Struggles Below $900 Amid Slump
BNB remains stable below $900 as on-chain activity declines, amid concerns over weak fundamentals and anticipated network upgrades. #Update #Crypto $BNB
Philippine Exchange Targets $60B Tokenization Boom
The Philippines aims for a $60 billion asset tokenization market by 2030, potentially revolutionizing its capital markets with Project Bayani. #Update #Crypto $BTC
Solana Hack: Upbit Covers $37M Loss
Upbit disclosed a $37M security breach on the Solana network and pledged to cover all customer losses from its funds. #Breaking #Crypto $SOL
Solana Breach: Upbit Loses $36M
Upbit reports a $36M loss from Solana network breach, affecting tokens like $BONK and $USDC; the exchange will reimburse users fully. #Breaking #Crypto $SOL
Binance ETF Nears Nasdaq Approval
Vaneck advances BNB ETF toward Nasdaq listing with updated SEC filing, signaling institutional momentum for regulated crypto exposure. #Update #Crypto $BNB