A hacker stole $49.5 million from Infini. The firm claims to have identified the attacker and issued an ultimatum, offering 20% of the stolen funds for their return.
KikyoOKX admitted to allowing illegal transactions for U.S. users, leading to over $500 million in penalties. Prosecutors say the company processed over $1 trillion in trades and even advised users on how to bypass restrictions.
WeatherlyPresident Trump is urging Elon Musk to take a more aggressive stance on government inefficiencies, praising his success with D.O.G.E. Under Musk’s implementation of Trump’s mandate, federal job cuts and increased accountability are on the horizon.
CatherineTwo young smugglers were arrested in Busan for trafficking over 7kg of drugs, including marijuana, after being recruited by a drug lord via a Telegram channel. The drug lord used cryptocurrency payments to avoid detection and instructed the smugglers through encrypted messages.
AnaisSBF tweeted from prison, commenting on layoffs and aligning with D.O.G.E. policies, referencing Trump’s worker firings. His post sparked a Crypto Twitter storm, with many questioning how he tweeted and mocking his attempt to stay relevant. Though unrelated to FTX, the tweet briefly boosted FTT’s value. Could this be SBF's bid for a pardon?
KikyoMichael Saylor proposed a Bitcoin reserve strategy to help reduce the U.S. national debt, suggesting the government acquire 20% of Bitcoin’s total supply. His plan includes regulatory changes to encourage digital asset innovation and reduce compliance costs for issuers.
WeatherlyUpbit, South Korea’s largest crypto exchange, faces a three-month suspension for regulatory violations, including failure to meet anti-money laundering and KYC standards. The suspension, affecting new users, follows an investigation that revealed over 44,000 AML breaches and poor customer verification practices.
JoyThailand has seen a histroic rise in scam calls and SMS fraud, totalling 168 million in 2024 compared to the year prior. This surge prompted authorities to intensify their crackdown on cyber fraud operations across Southeast Asia.
CatherineChainflip introduced an upgrade to block illicit funds linked to the Bybit hack, protecting its platform and liquidity providers. The protocol now uses enhanced screening tools to prevent hackers from using its services to launder stolen assets.
WeatherlyHamster Kombat launches Hamster Network, a gaming-focused Layer-2 blockchain on TON, offering scalable, low-cost Web3 gaming infrastructure. Built on TON’s secure Layer-1, it supports dApps, a wallet, bridge, and DEX. Can this expansion revive its past hype and sustain relevance?
Catherine
