Upbit Confirms $38 Million Solana Asset Drain, Instantly Halts Withdrawals
Upbit reported a security breach on the Solana network, resulting in the unauthorized withdrawal of approximately $38 million in various Solana-based assets.
Upbit reported a security breach on the Solana network, resulting in the unauthorized withdrawal of approximately $38 million in various Solana-based assets.
EU regulators granted Securitize approval to operate a digital securities platform, making it the only firm licensed in both the U.S. and EU. The company will launch its first tokenized issuances on Avalanche in early 2026.
Bolivia’s government announced plans to integrate cryptocurrencies and stablecoins into the formal financial system, allowing banks to offer crypto-based services.
Cathie Wood’s ARK Invest has intensified its purchasing of crypto-linked equities, spending over $93 million in a single day to acquire shares in companies including Block, Circle Internet Group, Coinbase, and Bullish.
PayPal has initiated a major Bitcoin sweepstakes offering over $1 million in prizes to US customers, aiming to incentivize platform engagement and drive crypto transaction volume.
Grayscale Investments has filed a registration statement with the SEC to convert its Grayscale Zcash Trust (ZEC) into an exchange-traded fund (ETF).
Naver Financial has announced a definitive plan to acquire Dunamu, the operator of the Upbit crypto exchange, in an all-stock transaction valued at approximately 15.1 trillion won ($10.3 billion).
The plan proposed by Sumar also seeks to classify all cryptocurrencies as seizable assets and require the introduction of a visual “risk traffic light” warning system for investors.
Solana (SOL) is showing resilience near the $140 mark, driven by exceptional institutional demand for its ETFs, even as the broader crypto market faces downward pressure.
A primary focus for Coinbase Ventures is the expansion of RWA perpetuals beyond conventional crypto assets.
This concern cited by the South African Reserve Bank is driven by the growing user base and the borderless nature of digital assets, which can be used to bypass Exchange Control Regulations.
Standard Chartered has been appointed digital-asset custodian for 21shares, providing institutional-grade custody services to one of the world’s largest crypto ETP issuers and marking a major step in regulated crypto infrastructure.
The creation of MoonPay Trust Company is a clear indication of MoonPay’s focus on institutional and enterprise customers.
The introduction of KlarnaUSD positions Klarna as the first bank to introduce a stablecoin on Tempo, a blockchain recently launched by Stripe and Paradigm.
The Filecoin (FIL) token rose 2% after clearing the $1.63 resistance level, with trading volume surging 135% above its 24-hour average, signaling renewed momentum in the layer-1 ecosystem.