Upbit $30M Hack Tied to North Korea
Upbit, South Korea’s largest crypto exchange, faces scrutiny after a $36.9M hack linked to North Korea’s Lazarus Group. Assets frozen; investigation ongoing. #Breaking #Security $SOL
Upbit, South Korea’s largest crypto exchange, faces scrutiny after a $36.9M hack linked to North Korea’s Lazarus Group. Assets frozen; investigation ongoing. #Breaking #Security $SOL
South Korea’s FSC expands the travel rule to cover smaller crypto transactions and bars individuals with serious criminal records from major roles in virtual asset businesses. #Breaking #Legal
Two South Korean police officers face accusations of facilitating a $186 million crypto laundering scheme linked to voice phishing, with $1.1 million in assets frozen as investigations continue. #Breaking #Legal $USDT
Kalshi faces a class action lawsuit for allegedly operating unlicensed sports betting and market manipulation, violating state laws. #Breaking #Legal
Treasury Secretary Scott Bessent’s interviews with five candidates could influence $BTC’s potential holiday rally. Market stability observed, but no immediate trading triggers identified. #Crypto $BTC
$MATIC experiences a 12% drop after a significant whale transaction of $90M, raising concerns about market stability. #Breaking #Crypto $MATIC (-8) ↘
Balancer plans to reimburse $8M to affected liquidity providers after a $128M exploit, with pool-specific distributions and 10% whitehat bounties. #Breaking #Crypto $BAL
House Judiciary Committee Democrats accuse President Trump of profiting $800M from crypto ventures, alleging foreign influence and regulatory rollbacks. The White House has not commented. #Breaking #Legal
Two South Korean police officers indicted for allegedly accepting bribes from illegal crypto exchange operators tied to a $186 million laundering scheme; $1.1 million in assets frozen. #Breaking #Legal
South Korea’s largest exchange, Upbit, halted deposits and withdrawals due to suspicious activity linked to the Solana network, potentially tied to the North Korea-affiliated Lazarus group behind a $36M hack. #Breaking #Crypto $SOL
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
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
Interpol designates crypto-related fraud as a transnational criminal threat, targeting scam centers using coerced labor across 60+ countries. $11B in crypto tied to these scams since July 2022. #Breaking #Legal
A major Bitcoin whale has taken an 18x leveraged long position worth $56.7M after 18 months of inactivity, reflecting renewed confidence in $BTC’s future price trajectory. #Breaking #Crypto $BTC