South Korea crypto exchange profits drop 78% in H1 2026
Summary: Operating profits at South Korean virtual asset exchanges plummeted 78% in the first half of 2026 as daily trading volumes and market capitalization declined significantly.
Latest News
EU Regulators Probe Binance Over Post-MiCA Service Continuity
Summary: French, German, and Greek authorities are examining whether Binance improperly uses reverse solicitation to serve EU clients without MiCA authorization.
Core Lightning urges immediate upgrade to block attacks on unpatched nodes
Summary: Core Lightning operators running version 26.06.7 or earlier must upgrade immediately after reports of attackers targeting unpatched Bitcoin nodes.
Copper Integrates Hyperliquid for Institutional On-Chain Derivatives Access
Summary: Copper has integrated with Hyperliquid, enabling institutional clients to access on-chain derivatives directly through secure custody vaults and dedicated APIs.
Ethereum Foundation Launches zkAPI for Private AI Payments on Mainnet
Summary: The Ethereum Foundation launched zkAPI on mainnet, enabling users to pay for AI services without revealing billing identities through zero-knowledge proofs.
EU Regulators Probe Binance Over Abu Dhabi Reverse Solicitation
Summary: European regulators are investigating Binance’s use of an Abu Dhabi-licensed entity to serve EU clients via reverse solicitation after the exchange failed to secure a MiCA license.
SBI Holdings Completes Acquisition of Bitbank to Expand Digital Asset Operations
Summary: SBI Holdings completed its acquisition of Japanese crypto exchange Bitbank on October 1, 2026, making it a wholly owned subsidiary and integrating management with SBI VC Trade.
NEAR Intents identifies hacker, demands $3.8M return in 48 hours
Summary: NEAR Intents has identified the individual responsible for a $3.8 million security breach and issued a 48-hour deadline for fund restitution under responsible disclosure protocols.
NEAR Intents Breach Drains $3.8M from BSC Hot Wallet
Summary: NEAR Intents disclosed a security breach on October 1, 2026, resulting in the theft of over $3.8 million from its BSC hot wallet due to an infrastructure bug.
Copper Adds Hyperliquid Perpetuals Trading to Institutional Platform
Summary: Copper has integrated trading access to Hyperliquid's perpetuals markets, enabling institutions to execute trades securely through its APIs and platform interface.
Bitget Halts Withdrawals Following $351.6 Million Crypto Breach
Summary: Bitget temporarily suspended customer withdrawals after detecting unauthorized movement of approximately $351.6 million in cryptocurrency, stating that account balances remain unaffected.
Backpack Exchange BP Token Hits $1.65 All-Time High Following SEC Innovation Exemption
Summary: Backpack Exchange’s native token BP reached an all-time high of $1.65 on October 1, 2026, following the SEC’s September issuance of a limited innovation exemption for tokenized stock trading.
Philippine Central Bank Suspends Inbound Transfers to Coins.ph E-Wallet Operator
Summary: The Bangko Sentral ng Pilipinas partially suspended DCPay Philippines, blocking inbound InstaPay and PESONet transfers to the Coins.ph e-wallet operator.
China Warns on Crypto Espionage; Singapore Leads Asia Growth
Summary: China’s Ministry of State Security linked crypto to espionage, while Chainalysis data showed Singapore’s crypto activity rose 55.4% to $284 billion.
EU Regulators Probe Binance's MiCA Exemption Use
Summary: EU regulators are investigating whether Binance improperly uses the reverse solicitation exemption to continue offering crypto services in member states where it lacks a MiCA license.
Chainalysis Uses AI to Trace $387M Bitget Theft by North Korea
Summary: Chainalysis deployed custom AI automation to rapidly trace $387 million stolen from Bitget by North Korean actors, compressing manual reconciliation time significantly.
Zcash ETF Sees $30M Outflow as ZEC Drops 21% From Peak
Summary: Grayscale's Zcash ETF recorded a $30.25 million net outflow on Sept. 30, coinciding with a 7.29% daily drop in ZEC price.
Evernorth clears shareholder vote for Nasdaq debut with 473M XRP treasury
Summary: Shareholders of Armada Acquisition Corp. II approved the business combination, enabling Evernorth to list on Nasdaq under ticker XRPN with a $710 million XRP holding.
42 Macro Founder Darius Dale Predicts Bitcoin Rally in 2027
Summary: Darius Dale, founder of 42 Macro, anticipates near-term Bitcoin volatility due to tightening liquidity but forecasts a significant rally over 12 to 18 months if global liquidity returns in 2027.
Ego Death Capital Partner Argues Bitcoin Treasuries Offer Alternative to Private Equity Timelines
Summary: Nico Lechuga of Ego Death Capital suggests permanent capital and Bitcoin treasuries provide founders with an alternative to traditional private equity's short-term exit pressures.