Business

Upbit Hacked for $37M in Solana Assets Amid Naver Merger

South Korea's largest cryptocurrency exchange, Upbit, has been hit by a significant security breach resulting in the theft of approximately $37 million in digital...

S&P Global Downgrades USDT to Lowest Rating Over Bitcoin Reserve Risks

S&P Global Ratings has downgraded USDT, the world's largest stablecoin, to its lowest stability score, citing heightened risk exposure and transparency issues, a move...

Democrats Accuse Trump Family of Hundreds of Millions in Crypto Profits

Democratic lawmakers are accusing former President Donald Trump and his family of enriching themselves by "hundreds of millions of dollars" through pro-cryptocurrency policies implemented...

Nasdaq Proposes Quadrupling BlackRock Bitcoin ETF Option Limits

Nasdaq ISE has proposed a significant expansion of trading limits for options on BlackRock’s iShares Bitcoin Trust, signaling the cryptocurrency’s accelerated integration into mainstream...

UK Weighs T-Bill Increase to Attract Stablecoin Issuers

The United Kingdom is considering expanding its issuance of short-term Treasury bonds to attract stablecoin issuers, a move that highlights the country's cautious approach...

Tokenized Money Funds Soar Past $9 Billion, Sparking BIS Risk Warnings

Institutional adoption of tokenized money market funds has soared past $9 billion, prompting urgent warnings from the Bank for International Settlements (BIS) about emerging...

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