South Korea’s government and ruling party have reportedly agreed on a plan to cap the ownership stakes of major shareholders in domestic crypto exchanges at 20%. The Democratic Party of Korea’s digital asset task force and the Financial Services Commission (FSC) agreed to set the maximum shareholding limit at 20% after discussions, according to a Wednesday report by local media outlet Herald Economy. However, regulators may allow exceptions of up to 34% for new businesses through an enforcement decree. The threshold references the Commercial Act’s 33.3% veto threshold in general…
Tag: Report
KuCoin Recognized as PoR Transparency Leader in CryptoQuant’s Annual Exchange Leader Report 2025
CryptoQuant has released its Annual Exchange Leader Report 2025, evaluating centralized exchanges across structural transparency, trading performance, reserves, and proof-of-reserves (PoR) standards. In this year’s assessment, KuCoin was recognized as the leading exchange in PoR transparency, earning a score of 96.7 (A+). The report measures transparency across public wallet disclosure, user-level balance verification, reporting cadence, third-party attestations, and recency metrics. KuCoin achieved the highest structural transparency standards among evaluated platforms. According to CryptoQuant’s findings, KuCoin combines public wallet disclosure, monthly Merkle-tree–based Proof-of-Reserves reports, user-side balance verification mechanisms and independent third-party…
Hyperliquid Now Dominates DeFi Derivatives, New Report Shows
Hyperliquid is no longer just the shiny new decentralized exchange for perpetual futures (a perp DEX). Recent data from CoinGecko suggests it even surpassed Coinbase International’s derivatives volume in 2025, putting it forward as arguably the most credible “Binance killer” candidate in the crypto derivatives market. Hyperliquid: The Rise of The Underdog Despite having launched only in 2023, Hyperliquid has climbed mountains that most DEXs can never even get close to, going from just a curious DeFi outlier to a genuine force of nature in the derivatives stack. At peak,…
US Military Used Anthropic AI in Iran Strike Despite Trump Ban: Report
The US military reportedly used Anthropic during a major air strike on Iran, only hours after President Donald Trump ordered federal agencies to halt use of the company’s systems. Military commands, including US Central Command (CENTCOM) in the Middle East, used Anthropic’s Claude AI model for operational support, according to people familiar with the matter cited by The Wall Street Journal. The tool has reportedly assisted with intelligence analysis, identifying potential targets and running battlefield simulations. The incident shows how deeply advanced AI systems have become embedded in defense operations.…
Tether Freezes $4.2B in USDT Linked to Crime in 3 Years: Report
Stablecoin issuer Tether has reportedly frozen roughly $4.2 billion worth of its USDt tokens connected to suspected criminal activity over the past three years. Most of the blocked funds were restricted since 2023, as regulators and law enforcement agencies intensified scrutiny of crypto-related fraud and sanctions evasion, the El Salvador-based firm reportedly told Reuters on Friday. Tether’s dollar-pegged USDt (USDT) token is the largest stablecoin in circulation, with more than $180 billion outstanding, up sharply from about $70 billion three years ago. Tether can freeze tokens directly on the blockchain…
Ransomware Attacks Rose 50% in 2025 According to Chainalysis Report
The number of ransomware attacks rose 50% in 2025 as hackers shifted their focus from large-scale attacks to small and medium-sized targets, according to blockchain analytics firm Chainalysis. In an annual report published on Wednesday, Chainalysis said there were nearly 8,000 total leak events in 2025, a 50% increase from 2024. However, total on-chain ransom payments amounted to $820 million, marking an 8% decrease from 2024. Chainalysis said increased regulatory scrutiny, enforcement actions targeting laundering network infrastructure, and a general refusal by big firms or organizations to pay ransoms all…
Bitcoin Adoption Is Booming, Even If Its Price Isn’t: River Report
River Financial has reported that Bitcoin Adoption metrics hit record highs in 2025, with institutional and corporate entities accumulating 829,000 BTC. “Bitcoin is down 50% from all-time highs, but adoption is compounding in ways that aren’t affecting the price, yet,” River Business Report 2025 said. The data reveals a significant decoupling between price performance and fundamental network growth, as large-scale capital allocators continued to buy while the asset’s market value halved from its October peak. Bitcoin ownership changed massively in 2025. More in next week’s report on Bitcoin adoption. pic.twitter.com/dyIk9e7rWt —…
Binance CEO Hints at Legal Action over Report on Iranian Sanctions
Binance CEO Richard Teng took to social media on Tuesday to attack what he called “inaccurate reporting” by the Wall Street Journal regarding investigators at the crypto exchange uncovering $1.7 billion in digital assets moving to Iranian entities. In a Tuesday X post, Teng said the report, published on Monday, contained “defamatory claims,” including a letter from Binance’s legal team “demanding immediate corrections and a full retraction of these false statements.” “Your Article is false, seriously misleading to your readers, and defamatory of our client,” said the letter to WSJ…
PayPal Fields Buyout Approaches After Steep Share Decline: Report
PayPal Holdings has reportedly attracted unsolicited takeover interest after a prolonged stock slump left the payments giant trading well below recent highs, signaling that competitors were looking to consolidate their footprint in the digital payments space. Citing people familiar with the matter, Bloomberg reported Monday that PayPal has been meeting with banks to review buyout approaches from unnamed investors. One potential bidder — described as an industry rival — is said to be exploring an acquisition of the entire company, while others have expressed interest in specific PayPal assets. There…
Elliptic Report Highlights Key Crypto Exchanges Facilitating Russian Sanctions Evasion
A new Elliptic investigation identifies five major cryptocurrency platforms enabling Russian entities to bypass international sanctions through sophisticated wallet obfuscation and shared infrastructure. Blockchain analytics firm Elliptic released a report detailing how exchanges including Bitpapa, ABCeX, Exmo, Rapira, and Aifory Pro serve as critical pipelines for Russian capital flight. These services allow for the conversion […] Source