Upbit to be acquired by Naver Financial in stock swap
TL;DR Breakdown The Dong-A Ilbo has reported that South Korea’s tech giant Naver is pursuing a consolidation with Upbit’s…
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SBF’s “gm” Post Sends FTT Soaring 25% Despite Jail Time
TL;DR Breakdown Sam Bankman-Fried (SBF) may be serving time, but his social media presence is still moving markets. His…
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Tether Holdings Seek investors to raise $20 billion
TL;DR Breakdown Tether CEO Paulo Ardoino took it to X to reveal that the company is mulling raising funds…
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Thai and Korean police bust $15M Crypto scam ring in joint operation
TL;DR Breakdown Seoul Metropolitan Police announced that the force had busted a $15M crypto scam ring that has allegedly…
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Changpeng Zhao’s YZi Labs Mulls Opening to Outside Capital
TL: DR Breakdown Ella Zhang, head of YZi Labs, recently spoke with Financial Times regarding the firm’s future plans…
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Lawmakers Push SEC to Act Quickly on Trump’s Crypto 401(k) Initiative
TL;DR Breakdown In a letter signed on Monday, multiple US Congresspeople, including Chairman French Hill and Ann Wagner, Chairman…
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Hackers drain $11M from UXLINK multisig in security breach
TL;DR Breakdown UXLINK confirmed a serious breach in its multi-signature wallet as attackers moved around $11.3 million in crypto…
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417K Traders Lose Big in $1.76B Liquidation Wave
TL;DR Breakdown More than 417,000 traders were wiped out in the past 24 hours as the total liquidations hit…
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Asia outpaces US and Europe to lead global crypto adoption, CryptoQuant reveals
TL;DR Breakdown Asia has experienced a rapid growth in crypto adoption, outpacing giants like the United States and Europe,…
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Crypto ETPs register $1.9B inflows as Bitcoin ETFs extend streak
TL;DR Breakdown Crypto exchange-traded products (ETPs) recorded a second consecutive week of inflows last week, extending the $3.3 billion…
