South Korean authorities have linked the 2019 Upbit exchange hack to North Korea, with over $1 billion worth of stolen ether. The investigation, aided by the FBI and Swiss authorities, traced the stolen funds, recovering some of the assets.
AnaisGary Gensler will resign as SEC Chair on 20 January 2025, as President-elect Trump takes office. His tenure was marked by clashes with Wall Street and crypto, while the looming resignation earned cheers from the crypto community.
CatherineKoji Higashi, a leading figure in Japan’s crypto space, claims the yen relies on citizens as "hostages" to economic policy, contrasting it with Bitcoin's lack of traditional backing. His comments fuel debate on financial sovereignty and the politics of currency systems.
KikyoJustin Sun purchased the duct-taped banana artwork for $6.2 million, calling it a symbol of the connection between art, memes, and cryptocurrency. The purchase has sparked debate, with some questioning whether it’s a genuine cultural statement or a calculated move to maintain his public image.
AnaisThe DeepSeek-R1-Lite-Preview is reshaping mathematical reasoning, surpassing competitors with its performance and transparency. It provides real-time insights and plans to release open-source tools, intensifying generative AI competition.
CatherineA Texas court ruled against the SEC’s expanded definition of "dealer," a significant setback for the agency’s efforts to regulate crypto firms. The decision is seen as a win for the crypto industry, which views it as a rejection of the SEC's overreach in controlling digital assets.
WeatherlySam Altman envisions AI that "loves humanity," believing alignment efforts are advancing well. But is this an ambitious aspiration or an unattainable ideal?
KikyoMastercard and JPMorgan have teamed up to simplify and speed up cross-border business payments using blockchain technology. Their systems will connect to offer faster settlements, better transparency, and easier management for international transactions.
WeatherlyUpbit refunded 8.5 billion won to 380 voice phishing victims, reinforcing its commitment to user security. Authorities have also linked North Korea's Lazarus Group to the 2019 Ethereum theft of $1.4 billion. In response to rising crypto crimes, Upbit and law enforcement are ramping up their collaboration to safeguard the digital finance space.
CatherineBitcoin is nearing the $100,000 mark, driven by growing optimism around Trump’s crypto-friendly policies and rising institutional interest. The crypto market is surging, with altcoins also gaining strength, signaling a bullish trend across the sector.
Anais