Tag: Cryptocurrencies
South Korea aims to launch a fully commercialized tokenized securities market by February 2027, according to regulatory timelines outlined by the Financial Services Commission.
The initiative follows ongoing legislative efforts to amend the Electronic Securities Act and the Capital Markets Act to accommodate distributed ledger technology.
Market participants are gearing up for institutional integration, aiming to bring fractional investments...
Liquid Network Frozen After White-Hat Hack Secures $320 Million in Bitcoin
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The Liquid Network, a prominent Bitcoin layer-2 sidechain, was frozen following a white-hat hack that intercepted $320 million in bitcoin.
The intervention was executed by ethical hackers to prevent a catastrophic exploit, temporarily halting operations across the network.
Stakeholders are actively working to restore normal functionality and secure user funds as on-chain investigations continue.
The Liquid Network, a leading Bitcoin...
Liquid Network Pauses After Purported White Hats Withdraw $320 Million in Bitcoin
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Purported white-hat hackers withdrew roughly 4,000 BTC, worth about $320 million, from Liquid’s federation wallet on Sept. 6.
The outflow represented about 95% of Liquid’s reported bitcoin reserves of approximately 4,200 BTC.
SideSwap processed a peg-out of 3,996 BTC after 4,000 L-BTC were burned; Blockstream attributed the L-BTC to an Elements software bug.
Liquid disabled bridge nodes and told exchanges to pause L-BTC deposits and...
Zcash Clears $1,000 as Grayscale ZCSH ETF Assets Top $463 Million
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ZEC traded above $1,000 on Sept. 4 for the first time since its 2016 listing spike, with an intraday high near $1,023–$1,046.
Grayscale’s ZCSH ETF held $463.2 million in non-GAAP assets and 444,608 ZEC as of Sept. 4, after listing on NYSE Arca on Aug. 25.
About $34.5 million of short positions were liquidated as 24-hour volume hit roughly $1.2 billion.
Bitwise CIO Matt Hougan named Zcash as the privacy allocation among three multi-year crypto...
US Bitcoin ETFs Log $731 Million, Largest Inflow Day Since January
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US spot bitcoin ETFs recorded about $731 million in net inflows on Thursday, Sept. 3, the largest single session since mid-January.
BlackRock’s IBIT accounted for roughly $454 million, or more than 60% of the day’s total.
Combined net assets crossed $103.34 billion for the first time, equal to about 6.32% of bitcoin’s market cap.
The surge followed Fed Governor Christopher Waller’s comments that he could support...

