Upbit Hack Update: $1.77M Frozen in Recovery Effort
TL;DR: Upbit froze $1.77 M in stolen assets and initiated a recovery phase after the hack. The exchange reimbursed confirmed losses using its own reserves and restored
Latest news from: Nicholet R.
Nicholet R.
Passionate writer and blockchain enthusiast, she covers the latest developments in the cryptocurrency world with clarity and depth. At Crypto Economy, she focuses on delivering accurate, engaging, and accessible content for readers eager to stay informed about Bitcoin, DeFi, NFTs, and the constantly evolving crypto ecosystem.
South Korean Authorities Launch Formal Investigation Into $30M Upbit Hack
TL;DR: Upbit suffered a $30M hot wallet exploit that triggered a national cybercrime investigation. Authorities are tracing coordinated on‑chain movements tied to external hacking activity. The
Robinhood Moves Into Indonesia to Capture Crypto Growth
TL;DR: Robinhood entered Indonesia by acquiring locally licensed brokerage and crypto firms, giving it immediate regulatory approval and a fast track into Southeast Asia. Indonesia’s large,
Polymarket Goes ‘House Mode’ — Users Question Ethics
TL;DR: Polymarket shifts to “house mode,” hiring internal market makers — users may now be trading against the platform itself. The move raises conflict‑of‑interest, transparency, and
Large Investors Accumulating Bitcoin at Fastest Pace Ever Recorded
TL;DR: Major holders are adding Bitcoin aggressively, pushing long‑term accumulation to record levels while prices remain volatile. Reduced circulating supply from locked‑up Bitcoin could increase scarcity
Trader Warns Bitcoin Could Slip Toward $80K as Market Correction Looms
TL;DR: A trader warns Bitcoin could fall toward $80,000 amid rising volatility, liquidity stress and weakening support. Break below key levels could trigger further selling, especially
On‑Chain Data Shows Perpetual DEX Volume Crossed $1 Trillion Last Month
TL;DR: Perpetual DEX platforms processed over $1 trillion in volume last month, setting a new on‑chain record. Surge fueled by demand for trustless, permissionless derivatives amid market
Solana Stablecoin Supply Hits Record Levels Amid Growing Demand
TL;DR: Solana’s stablecoin supply surged to all-time highs, with over $255 M inflows in 24h and global supply nearing $290 B. Growth reflects real‑use adoption — payments, remittances
Upbit Boosts Security by Wiping Legacy Deposit Addresses
TL;DR: Upbit erased all legacy deposit addresses after a major hack, mandating new address creation before deposits can resume. Deposit/withdrawal services return gradually under strengthened security,
Cantor Axes Strategy Target 60% — But Says No Forced‑Sale Panic
TL;DR: Cantor slashes Strategy’s 12‑month target by 60 % but maintains a buy rating, saying liquidation fears are overblown. The firm notes Strategy has enough cash to
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