Upbit Goes 99% Cold Storage after Over $30M Hack Shock
Upbit will move 99% of user funds into cold storage after losing over $30 million in November due to a breach.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Upbit will move 99% of user funds into cold storage after losing over $30 million in November due to a breach.
The OCC confirmed banks can facilitate riskless principal crypto transactions without prior approval, marking a regulatory shift toward integrating traditional finance with digital asset markets.
Arkham Intelligence defends its Zcash coverage announcement after experts disputed claims of deanonymizing shielded transactions, calling it technically impossible.
Stripe and Paradigm opened Tempo’s public testnet, inviting companies to build stablecoin payment apps with fixed 0.1-cent fees and predictable settlement.
PNC Bank becomes the first major US banking institution to offer direct Bitcoin trading to qualified clients through a Coinbase partnership, eliminating the need for separate exchange accounts.
BMW has partnered with JPMorgan’s Kinexys blockchain network to speed up and automate its global payments.
Polygon’s Madhugiri hard fork goes live on December 9, boosting network throughput by 33%, reducing block consensus time to one second.
Cardano is once again in headlines after its privacy-focused sidechain, Midnight, secured a listing on Binance for its native token, NIGHT.
Malaysia’s Johor Crown Prince has reportedly launched the ringgit-backed stablecoin RMJDT, becoming the leading standard for crypto-based payments.
Hong Kong has opened a public consultation on adopting the OECD’s CARF and updating the CRS for automatic cross-border crypto tax reporting.
BTC exchange balances have dropped to some of the lowest levels ever recorded, and analysts claim that a rally to $100K is likely.
Spot XRP ETFs saw $38M inflows, outperforming BTC, ETH, and SOL. XRP price tests key $2.04 support, with potential downside toward $1.64-$1.73.
ONDO trading volume jumped 150% on Dec. 9 as the SEC officially closed its multi year investigation into the project.
Shiba Inu recorded a major surge in whale activity, with over 1 trillion tokens sent to exchanges in 24 hours, as experts cite SHIB price volatility ahead.
Crypto liquidations fell by more than 50% as the market consolidated. Top whales on Hyperliquid are taking a U-turn on their bearish stance.