Key Takeaways Upbit, a leading South Korean cryptocurrency exchange, suffered a $37 million security breach on the Solana network. Upbit has pledged to cover all customer losses from its own funds, demonstrating a commitment to customer security. Share this article Upbit, a major South Korean crypto exchange, today disclosed a $37 million security breach on…
The market woke up fast last night as Bitcoin price bounced sharply from its recent bottom that had been forming for days, pulling back above $90,000 while ETH USD finally cracked the $3,000 level again. This jump surprised almost no one. ETF flow data has been turning green for two straight days, with both BlackRock…
The Nasdaq plans to increase the limit on positions for options contracts for BlackRock’s flagship Bitcoin ETF. The Nasdaq International Securities Exchange filed with the SEC on Wednesday to quadruple position limits for options on BlackRock’s spot Bitcoin exchange-traded fund (IBIT). The exchange is raising the options limit fourfold, from 250,000 contracts to 1 million…
Crypto exchange Upbit has suspended all deposits and withdrawals after disclosing a major security incident that has led to multi-million dollar losses. Summary Upbit suspended all deposits and withdrawals after detecting abnormal transactions linked to its Solana hot wallet. Roughly 54 billion won worth of assets were drained, with at least 24 Solana-based tokens involved…
Key Takeaways Shares of CleanSpark climbed around 14% on Thursday. CleanSpark reported a 102% annual revenue increase, reaching $766 million for fiscal year 2025. Share this article CleanSpark stock soared nearly 14% to close Thursday at $13.45, outperforming most crypto stocks after the company reported a tremendous increase in its fiscal year 2025 revenue, reaching…
Crypto asset manager Bitwise launched its Dogecoin exchange-traded fund on Wednesday, listing the product on the New York Stock Exchange under branding that features the familiar cartoon dog. In a statement on the launch, Hunter Horsley, Bitwise’s chief executive, said Dogecoin holds an unusual place in the market. “DOGE started as a joke and then…
Dogecoin breaks out of inverse H&S, targeting a major move. ETF launch and whale activity show mixed signals as short-term trend shifts bullish. Dogecoin (DOGE) is trading around $0.152, up 2% in the last 24 hours, but down 5% over the past 7 days, according to CoinGecko. Analysts tracking short-term market structure point to…
Securitize has received full approval from the European Union to operate a regulated tokenized trading and settlement system. Summary Securitize received EU-wide approval on Nov. 26 to operate a tokenized trading and settlement system under the DLT Pilot Regime. The licensed platform will run on Avalanche and connect directly with Securitize’s U.S. infrastructure. First regulated…
Key Takeaways Nasdaq ISE is seeking SEC approval to increase the position limits for BlackRock’s IBIT, allowing bigger trades for institutional investors. IBIT is a Bitcoin-holding ETF listed on the Nasdaq Stock Market, and ISE received SEC approval to list IBIT options last September. Share this article Nasdaq ISE, LLC (ISE) has proposed rule amendments…
Thai authorities have ordered World, the digital identity project backed by Sam Altman, to stop operating in the country and erase all user identification data collected from residents. According to a statement released on Monday by the Ministry of Digital Economy and Society (MDES), the order was issued by Thailand’s Economic and Social Development Board….
