Coinbase Hacker Allegedly Launders Additional $12.5 Million
On-chain Lens reported that the hacker who allegedly stole over $300 million from Coinbase users swapped 4,863 ETH worth approximately $12.5 million. The hacker still reportedly holds a total of 45.36 million Dai through two different wallets. The hacker is believed to be using cross-chain transfers to evade fund tracking.
Turkish Authorities Block Access to 46 Major DEXs
Finance Speed reported that Turkish authorities have blocked access to 46 major decentralized exchanges (DEXs) this month. The Turkish Capital Markets Board warned that "these exchanges provided cryptocurrency-related services without authorization". It was previously reported that PancakeSwap (CAKE) was the first decentralized exchange to be blocked in Turkey.
Shenzhen City Warns Against Fraudulent Stablecoin Projects
The Block reported that Shenzhen city authorities officially warned against illegal financial activities using stablecoins and other cryptocurrency assets. The city authorities stated, "Some companies are misleading the public with terms like financial innovation and digital assets, inflating investment projects. They are raising funds through false advertisements, which could lead to illegal fundraising, gambling, fraud, and money laundering."
Ukraine Sanctions 60 Crypto Companies Supporting Russia
Ublockchain reported that Ukraine has imposed sanctions on 60 cryptocurrency companies that supported Russia's evasion of international sanctions. Most are Russian-based companies, including 19 crypto mining firms and 5 cryptocurrency exchanges. The sanctions include asset freezes and prohibition of economic activities within Ukraine.
BTC Spot ETF Sees 1 Trillion Won Inflow Last Week
Soso Valley reported that US Bitcoin spot ETFs received a net inflow of $770 million (approximately 1 trillion won) last week, marking the fourth consecutive week of inflows. During the same period, Ethereum spot ETFs saw a net inflow of $219 million (approximately 299.5 billion won).
Metaplanet Adds 2,205 BTC
Japanese listed company Metaplanet announced via X that it purchased an additional 2,205 BTC (worth $237 million). This brings Metaplanet's total BTC holdings to 15,555 BTC.
Tiger Research: Surge in Institutional On-Chain Asset Management Demand
Asian Web3 research and consulting firm Tiger Research diagnosed in its report "Maple Finance: On-Chain Asset Management Platform in the Era of Institutional Capital Inflow" that with cryptocurrency market institutional investor inflow, demand for asset management at traditional finance levels is growing.
Vitalik Proposes Transaction Gas Limit Restriction
Vitalik Buterin, Ethereum (ETH) founder, proposed EIP-7983 with Ethereum Foundation developer Tony Warrshtetter, suggesting limiting the gas limit per transaction to 16.77 million. Currently, the Ethereum network has a block gas limit of about 36 million, but no individual transaction limit. The proposal aims to increase DoS attack resistance, enhance network stability, and make transaction processing costs more predictable.
Russia to Introduce Crypto Mining Equipment Registration
Crypto News reported that Russia plans to introduce a national registration system for cryptocurrency mining equipment to crack down on illegal mining and secure tax revenue. Russia aims to integrate all mining equipment into a central database.
The Blockchain Group Adds 116 BTC
French company The Blockchain Group announced via its official X account that it purchased an additional 116 BTC, worth approximately $12.59 million (10.7 million euros). This brings the company's total BTC holdings to 1,904.
Smarter Web Company Buys 226 BTC
UK-based web development company Smarter Web Company (SWC) announced the purchase of 226.42 BTC (17.87 million euros). The company currently holds 1,000 BTC (78.22 million euros).
BNK Financial Group Files Trademark for Won Stablecoin
BNK Financial Group announced that BNK Financial Holdings, Busan Bank, and Gyeongnam Bank are filing trademarks related to won stablecoins. According to Yonhap News, BNK Financial Holdings is filing 11 stablecoin trademark names, Busan Bank 10, and Gyeongnam Bank 4. Additionally, Busan Bank and Gyeongnam Bank have joined the 'Open Blockchain DID Association', a preparatory corporation for bank stablecoin issuance.
Bifrost Operator Files Won Stablecoin Trademark
According to the Intellectual Property Information Service KIPRIS, blockchain technology company Pylab Technology has filed trademarks for won stablecoin MKRW, MUSD, and MJPY. Pylab Technology operates the cross-chain network Bifrost (BFC).
Aleo Hosts Zero-Knowledge Proof dApp Development Competition
Layer 1 blockchain Aleo announced the hosting of a zero-knowledge proof (ZKP) dApp development competition called 'Code Sprint'. The competition requires development within the zero-knowledge proof category, with key areas including stablecoin applications with privacy protection and regulatory compliance, verifiable privacy protection, and DeFi.
Twitter Co-Founder Launches Decentralized Message App Beta
According to CoinTelegraph, Twitter co-founder and prominent Bitcoin maximalist Jack Dorsey has released the beta version of a decentralized P2P message app called Bitchat. According to the whitepaper, the app provides an encrypted communication environment without relying on internet infrastructure. Messages are not stored in a central database.
Hermetica Launches USDh Cross-Chain Swap Feature
Hermetica, a Bitcoin-based synthetic dollar USDh issuance platform, has launched a cross-chain swap feature between USDC and USDh. The feature integrates Allbridge infrastructure, allowing users to swap USDC on Ethereum to USDh on the Stacks chain. Anyone with a MetaMask wallet can use it without additional KYC requirements.
[CoinNess Original] Signus Launches Stablecoin..."Leading Social Behavior Tokenization"
Stablecoins have served as a 'key currency' more welcomed than fiat currency in the cryptocurrency market. However, recent movements towards stablecoin regulation in the US and the potential IPO of Circle, the second-largest stablecoin issuer, have sparked a 'stablecoin trend' in the global Web3 industry. Signus, a project focusing on 'Instagram Web3 integration', recently launched its own stablecoin cgUSD, presenting a new solution for asset monetization and revenue generation in social platforms.
Binance Adds Monitoring Tags for 3 Cryptocurrencies
Binance announced through its official website that it will add BAKE, IDEX, and SLF to its monitoring tag list. Tokens included in the monitoring tag indicate higher volatility and risk compared to other tokens, potentially facing delisting in the future.
Coinone Extends Trading Caution for NFP
Coinone announced through its official website the extension of trading caution for NFPrompt (NFP).
24-Hour Cryptocurrency Perpetual Futures Liquidation Scale
The recent 24-hour cryptocurrency perpetual futures liquidation scale and liquidation ratio are as follows:
ETH Liquidation Scale: $62.47 million, Liquidation Ratio: Short 78.86%
BTC Liquidation Scale: $34.44 million, Liquidation Ratio: Short 88.25%
SOL Liquidation Scale: $8.81 million, Liquidation Ratio: Short 80.44%
Binance Lists LPT/JPY Trading Pair
Binance announced the listing of the LPT/JPY spot trading pair at 5 PM Korean time on the 10th.
