Tag: News
Mirae Asset Consulting has signed a memorandum of understanding with Korbit’s major shareholders for a potential acquisition valued at 100 billion to 140 billion Korean won ($70 million to $100 million).
Korbit, established in 2013 as South Korea’s first crypto exchange, currently holds less than 1% of the domestic trading volume but maintains a full operating license.
The move underscores the growing convergence of...
Trust Wallet Launches Compensation Process After $7M Browser Extension Hack
Written on .
Security Breach Confirmed: Trust Wallet’s Chrome extension v2.68 contained malicious code, leading to $7 million in user losses.
Compensation Underway: The company pledges full refunds and has opened a submission form for affected users.
Industry Implications: Incident underscores risks in software updates and the need for enhanced supply chain security.
Trust Wallet, a leading non-custodial cryptocurrency wallet, has...
Record $27 Billion Crypto Options Expiry Passes with Minimal Volatility as BTC and ETH Hold Steady
Written on .
Record expiry: Around $27 billion in Bitcoin and Ethereum options expiredon Deribit, the platform’s largest ever.
Breakdown: Roughly $23.6 billion in BTC options and $3.8 billion in ETH options, representing over 50% of open interest.
Market reaction: Prices remained stable, with BTC around $88,000-$89,000 and ETH near $2,950-$2,980.
Outlook: Removal of gamma hedging pressure could allow freer price movement into...
Trust Wallet Chrome Extension Compromised in Major Breach, Leading to $7M in User Losses
Written on .
Security Breach Confirmed: Trust Wallet identified a vulnerability in its Chrome browser extension v2.68, affecting desktop users and resulting in approximately $7 million in stolen funds.
Reimbursements Promised: The company has committed to fully refunding all impacted users, prioritizing support and security enhancements.
Update Urged: Users are advised to disable the affected version and update to v2.69 via the official Chrome...
Crypto M&A Hits Record $8.6 Billion in 2025 Amid Pro-Crypto Regulatory Shift
Written on .
Crypto mergers and acquisitions reached a record $8.6 billion in 2025, nearly quadrupling the previous year’s total.
The surge included 267 deals, an 18% increase from 2024, fueled by U.S. regulatory easing and compliance needs in Europe.
Major transactions featured Coinbase’s $2.9 billion acquisition of Deribit and Kraken’s $1.5 billion purchase of NinjaTrader.
The cryptocurrency sector saw unprecedented...





