Taipei-based Kronos Research, a prominent trading firm and market maker, faced a significant security breach. Hackers accessed the firm's API keys, leading to an estimated loss of $25 million in ether, as reported by blockchain researcher ZachXBT.
In South Korea, cryptocurrency trading volumes have seen a notable increase of 7.7% since early 2023, capturing 12.9% of the worldwide total. Leading this trend is Upbit, a dominant player in South Korea's market.
Spain's National Securities Market Commission (CNMV) has alerted Social Network X to potential violations due to fraudulent cryptocurrency advertisements on the platform.
The Velo Protocol project, which is working towards expanding the accessibility of cryptocurrency financial services and the wider adoption of digital assets, has received a $10 million investment from DWF Labs, a heavyweight in the market-making sector of cryptocurrency.
