Upbit Hack Echoes Past Exchange Vulnerabilities in $37M Heist
In a sobering reminder of the crypto industry’s security risks, South Korea’s largest exchange, Upbit, has been hacked for $37 million.

In a sobering reminder of the crypto industry’s security risks, South Korea’s largest exchange, Upbit, has been hacked for $37 million.
The World Federation of Exchanges has urged the regulator not to grant special exemptions that would let crypto companies sell tokenized stocks without being registered broker-dealers.
The rules of the game are changing for crypto in Australia.
South Africa’s central bank has issued a stark warning, declaring the country’s burgeoning crypto market a risk to financial stability.
MoonPay is set to launch crypto custody and over-the-counter trading services for New York clients after being granted a state trust charter.
The Bitwise Dogecoin ETF, ticker symbol BWOW, has been certified for listing by NYSE Arca and could start trading as soon as Wednesday.
By convincingly framing its token as a tool for network participation rather than a speculative asset, the Solana-based project Fuse has secured a critical no-action letter from the SEC.
Crypto venture capital activity showed significant improvement in Q3, with investment rising to $4.65 billion—a 290% increase that marks the second-best quarter since the FTX implosion.
Japan is positioning itself as a leader in cryptocurrency regulation with a plan to mandate that all local exchanges hold capital reserves to protect investors.
The industry is staging a shadow comeback as miners exploit cheap power and booming data center infrastructure in energy-surplus provinces.
South Korea’s financial intelligence unit is set to impose sanctions and fines on multiple domestic cryptocurrency exchanges, following investigations that revealed anti-money laundering failures.
The market for spot cryptocurrency ETFs continues to diversify as the New York Stock Exchange gives its final approval to Grayscale’s Dogecoin and XRP funds.
The memecoin market cap crashed to $39.4 billion on Friday, its lowest point in 2025, after a brutal sell-off wiped out over $5 billion in value within a day.
Binance Chief Executive Richard Teng stated on Friday that Bitcoin’s sharp drop over the past month is a result of investors deleveraging cryptocurrency holdings.
The crypto market was drenched in red on Friday as a violent sell-off liquidated nearly $2 billion from over-leveraged traders.

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