Korean Exchange Upbit Accelerates Security Overhaul After $30M Cyberattack

A cybersecurity breach pushed crypto platform Upbit to halt transfers and rebuild parts of its wallet infrastructure while investigators reviewed abnormal activity and the exchange moved to assure customers their assets remained fully protected. Upbit Races to Fortify Systems After Security Breach South Korean crypto exchange Upbit issued an announcement on Nov. 28 from Oh […] Source

From BTC to Altcoins, Cryptoquant Says Exchange Deposits Highlight Market Strain

Large holders are crowding the exits, according to Cryptoquant’s researchers, who say bitcoin, ethereum, and a wide slate of altcoins are seeing a decisive jump in exchange deposits as prices weaken. Report Signals Caution as Big Players Trim Exposure A new report, published on cryptoquant.com, details a sharp acceleration in exchange inflows across major assets, […] Source

How Crypto Exchange Upbit Got Robbed Again – Six Years Later, Same Date

Upbit, South Korea’s dominant cryptocurrency exchange, suffered unauthorized withdrawals totaling approximately $36.9 million (54 billion won) early Thursday morning, marking the second time the platform has been breached on November 27. The exchange detected unusual activity at 4:42 a.m. local time when Solana-linked assets moved to an unidentified wallet address. Dunamu CEO Oh Kyung-seok disclosed the breach during a press conference at 12:33 p.m., just hours after the company had announced its merger with Naver Financial. Upbit’s Six-Year Anniversary of $50 Million Ethereum Theft The timing raised immediate concerns among…

KuCoin Exchange Secures Fiat Trading License in Australia

Key Notes The exchange partnered with Echuca Trading to expand into regulated crypto futures markets in the Asia-Pacific region. Australian users can now purchase digital assets through local banking rails and AUD-denominated payment methods under compliance. Japan’s FSA mandates exchanges hold liquid assets covering operational risks following historical exchange failures like Mt Gox. On Nov. 25, prominent cryptocurrency exchange KuCoin obtained regulatory licenses to operate legally in Australia, marking a major expansion into one of the Asia-Pacific region’s stricter markets. KuCoin confirmed the milestone in a post on X on…

Global Crypto Exchange KuCoin Secures Formal Australian Oversight – SuperCryptoNews

Global cryptocurrency exchange KuCoin has officially registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) as a Digital Currency Exchange (DCE), a crucial step allowing the platform to legally offer its services under formal regulatory oversight in Australia. The move comes as Australian financial regulators, notably the Australian Securities and Investments Commission (ASIC), intensify their scrutiny of offshore crypto platforms. ASIC has recently emphasized that many digital assets, including stablecoins and tokenized products, may already fall under the scope of the Corporations Act, requiring relevant firms to obtain licensing…

Mandating Exchange Liability Reserves – SuperCryptoNews

Japan’s Financial Services Agency (FSA) is moving to significantly bolster user protection within the domestic cryptocurrency market, with plans to mandate that local exchanges establish dedicated liability reserve funds, Coindesk said in a news report. The regulatory push, driven by recent high-profile global exchange security breaches, is designed to ensure compensation mechanisms are readily available for users affected by hacks, system failures, or unforeseen operational events. The FSA’s advisory body, the Financial System Council, is expected to formally recommend the creation of these liability reserves following a meeting scheduled for…

I-On Digital Corp. Retains Craft Capital to Advance Capital Strategy and Prepare for National Exchange Uplisting

November 24th, 2025 – Chicago, USA I-ON Digital Corp. (OTCQB:IONI), a U.S.-based digital asset infrastructure company specializing in real-world-asset (RWA) tokenization and regulated digital asset banking, today announced a strategic engagement with Craft Capital Management, LLC (“Craft Capital”) to strengthen its capital markets strategy, support upcoming financing initiatives, and guide the Company’s preparations for a potential national exchange uplisting. Craft Capital, headquartered in Garden City, New York, is a full-service broker-dealer and investment bank providing institutional and retail brokerage, private and public capital advisory, uplisting expertise, and comprehensive corporate finance…

Thailand’s Bitkub Exchange Considers Hong Kong IPO: Report

Bitkub, Thailand’s biggest cryptocurrency exchange, is considering an initial public offering (IPO) abroad amid a downturn in the local stock market. Bitkub is planning to raise $200 million as part of a potential IPO in Hong Kong, Bloomberg reported on Monday, citing unidentified sources familiar with the matter. Founded in 2018, Bitkub trades about $66 million daily, according to CoinGecko data. The exchange had considered an IPO in Thailand, targeting a public launch in 2025, which has reportedly been stalled because of volatility and uncertainty in the Thai stock market.…

Bitcoin Exchange Inflow Hits $2 Billion As Profit-Taking Phase Lingers

After days of intense bearish action, the price of Bitcoin appears to be entering a calmer state, as it recovers above the $86,000 level. The latest on-chain data shows that several investors tried to take some profit in the past week, providing a basis for the premier cryptocurrency registering a double-digit loss.  Bitcoin Exchange Inflow Spikes As Price Faces Downward Pressure  In a recent post on the social media platform X, crypto analyst Ali Martinez revealed that significant Bitcoin amounts were sent to centralized exchanges in the past week. Data…