South Korea plans no-fault rules forcing crypto exchanges to fully reimburse users for hacks and IT failures, echoing bank-style protections. Summary New rules would make Korean exchanges fully compensate users for losses from hacks or system failures, unless customers showed gross negligence. The move follows repeated IT incidents, including a rapid Solana asset drain at…
Bloomberg’s Eric Balchunas rebuts Bitcoin–tulip comparisons, citing 17 years of recoveries, ETF demand, and halving-driven scarcity as proof of lasting asset value. Summary Eric Balchunas notes Bitcoin is still up roughly 250% in three years and 122% in 2024, despite a 27% pullback from October highs. He argues non-productive assets like Bitcoin, gold, art, and…
Former QuadrigaCX co-founder Michael Patryn loses $1M in seized gold, cash, and luxury goods after British Columbia invokes unexplained wealth order powers. Summary BC seizes 45 gold bars, luxury watches, cash from a Vancouver safety deposit box tied to Patryn under its unexplained wealth order regime. Authorities allege the assets came from misappropriated QuadrigaCX customer…
Harvard hiked its Bitcoin ETF stake 257% in Q3 2024, making iShares Bitcoin Trust its top disclosed holding, even as BTC slid and critics questioned the move. Summary Harvard lifted its Bitcoin ETF position 257% in Q3, with IBIT now about 0.75% of the endowment and held at roughly twice the size of its gold…
VTB, Russia’s second-largest bank, will test spot crypto trading for wealthy clients in 2026 as Moscow slowly formalizes regulated access to digital assets. Summary VTB will pilot spot crypto trading in 2026, restricted to qualified high net worth investors under Russian regulations. Move follows wider Russian use of crypto in payments and some oil trade…
Bitcoin sits on a key 0.382 Fib support as traders eye the Fed, soft ETF flows and rising on-chain “liveliness,” leaving price vulnerable but primed for a relief bounce. Summary Bitcoin trades at a critical 0.382 Fibonacci support, with a breakdown risking a retest of April lows and higher timeframe structure damage. Fed meeting, jobs…
Scammers used a fake DBS crypto trading app and WhatsApp group to steal over $130,000 from a retired engineer, prompting cybercrime warnings from authorities. Summary Retired engineer in Miyapur lost about Rs 1.28 crore via a fake DBS crypto trading app promoted in a WhatsApp group. Scammers built trust with a small successful withdrawal before…
Theoriq has unveiled AlphaVault, an AI-powered DeFi vault that autonomously manages and rebalances user capital—and explains every decision along the way—offering a potential fix for one of the sector’s biggest contradictions: “passive” income that still requires constant, highly technical upkeep. The launch, announced Friday, Dec. 5, marks the company’s boldest step toward true autonomous finance….
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company. Spectra launches on Flare, giving users a new way to trade and manage yield by splitting fixed…
Piggycell’s PIGGY token crashed after a sudden mint‑and‑dump, raising hard questions over token controls, smart‑contract design and Binance Alpha’s listing safeguards. Summary Large, sudden PIGGY mint linked to one wallet preceded a violent intraday price collapse. Piggycell markets itself as a Korean DePIN power‑bank network tokenized via PIGGY on Binance Alpha. Lack of immediate, detailed…
