Business
Upbit Faces $36 Million Security Breach Following Naver Acquisition Announcement
South Korea's Upbit exchange has halted deposits and withdrawals after a $36 million breach, coinciding with a major acquisition deal with Naver.
Crypto
Upbit Faces $36 Million Breach After Major Acquisition Deal with Naver
Upbit, South Korea’s largest cryptocurrency exchange, has encountered a significant breach involving $36 million in unauthorized withdrawals from a Solana hot wallet just as the company finalized a $10 billion deal with Naver.
News
Bitkub Plans to Pursue Hong Kong IPO as Thai Markets Hit Five-Year Low
Amid a decline in the Thai stock market, Bitkub, the leading cryptocurrency exchange in Thailand, is considering a $200 million IPO in Hong Kong.
News
Coinbase Expands Investment in Solana with New Acquisition
Coinbase has announced its acquisition of Vector, a decentralized platform on Solana, continuing its expansion strategies into 2025.
Ether Price Hits Four-Month Low, Futures Data Suggests Possible Recovery to $3,200
Ether's price has fallen sharply, reaching levels not seen since July. However, futures data may point to a potential bounce back to $3,200.
Crypto
Coinbase Strengthens Commitment to Solana with Latest DEX Acquisition
Coinbase has acquired the decentralized platform Vector, marking another strategic investment as it aims to enhance its offerings in the crypto space.
News
Coinbase Strengthens Its Position in Solana Through Vector Acquisition
Coinbase has acquired Vector, a decentralized platform on Solana, as part of its expansion strategy in 2025.
Crypto
Trump's Pardon of CZ Results From Extensive Lobbying Efforts
Former Binance CEO Changpeng Zhao received a pardon from Trump following a costly lobbying initiative in Washington, amounting to $450,000 for lobbyists and $290,000 for legal counsel.
News
Coinbase Stock Rises Sharply Following JPMorgan Upgrade Suggesting Base and USDC Growth
Coinbase shares see a significant jump after JPMorgan Chase identifies new opportunities in its layer-2 network and USDC rewards strategy, increasing their target price for the stock.
Market
Will Bitcoin Price Surge to $120K as Market Conditions Tighten?
Bitcoin faces a critical moment, with sellers capping prices at $112K. Key data and upcoming macroeconomic events may catalyze significant movement.
News
Coinbase's Stock Price Soars Following JPMorgan's Upgrade and Growth Prospects
JPMorgan's upgrade to Coinbase's stock highlights potential revenue opportunities from its Base network and USDC strategy, propelling the stock price upwards.
Crypto
Coinbase Stock Climbs After JPMorgan Upgrade on Base and USDC Prospects
JPMorgan's upgrade of Coinbase highlights significant monetization potential through its Base network and changes to its USDC rewards, prompting a notable rise in stock price.
Market Analysis
Will Bitcoin's Price Surge Towards $120,000 Following Recent Trends?
Bitcoin's price is being capped at $112,000, but upcoming macroeconomic factors could trigger significant price movements.
News
OpenSea Expands Beyond NFTs, Aiming to Create a Comprehensive Onchain Trading Hub
OpenSea's CEO, Devin Finzer, emphasizes the platform's shift towards a more inclusive trading experience for all onchain assets.
News
France Increases Pressure on Binance and Competitors in EU Regulatory Tussle
French authorities are stepping up audits on Binance as they aim for greater regulation of the cryptocurrency sector within the EU framework.
News
France Intensifies Scrutiny on Binance and Competitors Amid EU Regulation Debate
French financial authority conducts audits on Binance as the country seeks a stronger influence in EU crypto regulation.
News
France Intensifies Regulatory Scrutiny on Binance and Other Crypto Exchanges
French authorities are ramping up their regulatory efforts on Binance as part of a broader push for greater control over the crypto industry in Europe.
Crypto
Bitcoin Remains Above $105K as US Bank Stocks Rebound, Trump Signals Trade Optimism
Amid ongoing US banking fluctuations, Bitcoin's value falls slightly but regional bank earnings restore some market confidence.
News
Kraken Strengthens US Futures Market with a $100 Million Acquisition of Small Exchange
Kraken announces its acquisition of Small Exchange to enhance its derivatives trading offerings in the US.
Business
SoftBank's PayPay Secures 40% Stake in Binance Japan
PayPay, a mobile payment service by SoftBank, acquires 40% of Binance Japan, enhancing digital financial services in Japan.
