Solana Tokens Plummet After $32M Hack
Solana-based tokens surged on Upbit following a $32M hack, with ORCA trading at a 95.6% premium; Upbit CEO pledged to cover losses as services remain suspended. #Breaking #Crypto $SOL (-8) ↘
Crypto Security
Articles focusing on security measures, security breaches, preventive technologies, and best practices for safeguarding crypto assets.
Balancer Proposes Fund Distribution Plan Post Hack
@Balancer community proposes a plan to distribute approximately $8 million recovered from the $116 million hack to victims. #Update #Crypto
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
Iris Scans Deleted as Thailand Raises Data Risks
@World halts operations in Thailand after authorities demand deletion of 1.2M iris scans, citing violations of the WLD token exchange and Personal Data Protection Act. #Breaking #Legal $WLD
Bitcoin Miner Bitmain Investigated as Security Risk
The U.S. Department of Homeland Security is investigating @BitmainTech for potential national security risks related to remote control capabilities of its mining equipment. #Update #Security
Crypto Risks Rise as South Africa Flags Stablecoins
The South African Reserve Bank warns that growing crypto and stablecoin adoption poses new financial risks, with 7.8 million users on major exchanges. Regulatory framework needed. #Update #Crypto $BTC $ETH $XRP $SOL
Bitcoin Risks Short Squeeze Above $87K
Bitcoin’s price recovery suggests potential short squeeze dynamics as derivatives metrics show increased bearish positioning and a sharp decline in open interest. #Update #Crypto $BTC
SEC Targets Crypto Security Classification
Kelman Law’s ‘Law and Ledger’ explores the ongoing debate: Is crypto a security? This question remains crucial in 2025. #Update #Legal
Aerodrome Velodrome Reports Major NameSilo Hack
$700,000 lost in a DNS attack on @Aerodrome and @Velodrome due to phishing pages from compromised NameSilo domains; security partners contained the breach. #Breaking #Crypto $VELO (-8) ↘
Japan FSA Mandates Crypto Hack Reserves
Japan’s FSA plans 2026 legislation requiring crypto exchanges to maintain liability reserves, ending cold-wallet exemptions, following breaches like DMM Bitcoin’s $305M loss. #Update #Legal
Ubisoft Launches AI-Powered Game Revolution
Ubisoft unveils Teammates, a game powered by generative AI, allowing players to interact with AI-driven NPCs and voice assistants for deeper gameplay. #Update #Gaming
Bitcoin Risks Vote Split Amid Zcash Concerns
Bloomberg’s Eric Balchunas warns that Zcash ($ZEC) could split support for Bitcoin ($BTC), as debate intensifies over Zcash’s market presence amid accusations of manufactured hype. #Update #Crypto $ZEC
On-Chain Stocks Trigger Weekend Arbitrage Risks
As real-world asset tokenization grows, risks like weekend trading gaps emerge, potentially mispricing assets due to oracle delays, warns @RedStone. #Update #Crypto $BTC $ETH
Bitcoin Risks Vote Splitting with Zcash
Bloomberg’s Eric Balchunas warns Zcash could split support for Bitcoin, likening it to a third-party candidate. Critics accuse Zcash advocates of hype, while Winklevoss twins launch a Zcash-focused treasury. #Update #Crypto $ZEC