Hackers Rob South Korean Exchange of $13M in Bitcoin, Ethereum, Other Assets
South Korean cryptocurrency exchange GDAC has reported it lost nearly a quarter of its assets due to a hacking attack.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
US seizes $1.2 billion frozen after North Korean Binance hack
The US Department of Justice (DoJ) yesterday announced the seizure of $1.2 billion in cryptocurrency stolen from Binance last mont...
South Korea’s FSC tightens crypto exchange security with 24/7 monitoring rules
South Korea's enhanced crypto exchange security measures could bolster consumer protection and trust, but may also lead to tempora...
Twenty One Capital CEO Says $1.09 Billion Quarterly Profit Came From Bitcoin, Not Business
Twenty One Capital (XXI) reported $1.087 billion in net income for the third quarter, and CEO Rapha Zagury told shareholders on Fr...
Ethereum Dancing on Two Fronts as Quantum Upgrade Advances and Treasury Leverage Bites
Ethereum developers want to upgrade the network to be quantum-ready by 2027, potentially accelerating one of its biggest security...
Trump Nominates Ex-CFTC Commissioner Kristin Johnson and Three Others to SEC, CFTC
President Donald Trump sent four nominations to the Senate on Nov. 12 for the Securities and Exchange Commission (SEC) and the Com...
AI Tops Fed Survey of Financial Risks—Why Crypto Investors Should Pay Attention
AI has become the most frequently cited financial-stability risk in a survey published with the Federal Reserve’s latest report, b...