7h ago
South Korea's FSS outlines stricter crypto market monitoring and penalties after Bithumb error
South Korea's Financial Supervisory Service announced on Monday an annual policy plan to intensify oversight of cryptocurrency trading and introduce harsher sanctions on financial institutions for IT-related incidents. The measures, which follow a mistaken transfer of 620,000 BTC by Bithumb to hundreds of users, target activities such as price manipulation, rapid price-pumping schemes and the spread of false information. The watchdog is also setting up a task force to prepare rules under the Digital Asset Basic Act, including disclosure standards and licensing guidance for digital asset service providers and stablecoin issuers.
BTC
BTC-2.64%
7h ago
1-27
Russia labels WhiteBIT "undesirable" over Ukraine support, blocking exchange's local operations
Russia's Prosecutor General's Office has designated Lithuania-based crypto exchange WhiteBIT as an "undesirable" organization, effectively forcing it to halt activities in the country. Authorities alleged the platform provided financial and technical backing to Ukraine-linked initiatives, citing about $11 million in donations that align with figures WhiteBIT has published on its website.
1-27
12-30
Lighter unveils LIT token with 50% supply for ecosystem and trading launches around $2.34
Ethereum-based perpetuals DEX Lighter has introduced its native Lighter Infrastructure Token, allocating 50% of the total supply to ecosystem incentives and 50% to the team and investors. The LIT token's ecosystem share will fund airdrops, future programs and partnerships, while the team and investor allocations are locked for one year with three-year vesting, and the LIT-USDC market opened trading at about $2.34.
USDC
USDC+0.01%
12-30
12-2
Grayscale Projects Bitcoin to Hit New All-Time Highs in 2026, Dismisses Four-Year Cycle Framework
Grayscale Research forecasts bitcoin will reach new all-time highs in 2026, rejecting the traditional four-year cycle theory that anticipates extended bear markets. The firm points to institutional investment structures and favorable macroeconomic conditions as key differentiators from prior cycles. Bitcoin traded at $86,909 as of 2:20 a.m. ET Tuesday after declining 32% from its peak.
BTC
BTC-2.64%
12-2
11-28
Balancer Proposes $8M Distribution to Affected Liquidity Providers After November Exploit
Balancer has outlined a plan to distribute approximately $8 million in recovered assets to liquidity providers affected by a November vulnerability that led to losses exceeding $128 million. Six white hat actors secured roughly $3.86 million during the incident, with bounties capped at $1 million per operation and requiring identity verification. The proposal establishes a 180-day claim window, after which unclaimed assets will be subject to governance decisions.
BAL
BAL-6.32%
11-28