South Korea plans to push back its cryptocurrency tax by another two years, moving the proposed implementation date from January 2027 to January 2029. The government announced the plan on November 5, citing gaps in overseas transaction reporting and the need for more time to prepare its digital asset regulatory
India’s cybersecurity agency CERT-In has issued a critical warning about an active hacking campaign targeting cryptocurrency exchanges and financial institutions, with attackers using artificial intelligence (AI) tools to steal wallet keys and transfer funds. In its November 4 advisory, identified as CIAD-2026-0058, the Indian Computer Emergency Response Team named the
Binance co-founder Changpeng Zhao has credited U.S. law enforcement agencies, including the FBI, Secret Service and Internal Revenue Service, for helping track and freeze funds stolen in the exchange’s $6.3 billion security breach. The Binance Hack Breakdown: How Attackers Breached the Exchange and Moved the Stolen Funds In a November
Crypto exchanges are reviewing their security systems after a $6.3 billion hack at Binance raised fresh concerns about how quickly attackers can exploit weaknesses in exchange infrastructure. The Binance Hack Breakdown: How Attackers Breached the Exchange and Moved the Stolen Funds Coinbase said it had adjusted the systems used to
One of the leading crypto exchanges, Kraken, resolved a trading disruption that affected its spot and derivatives markets on October 30, after customers experienced problems connecting to the exchange and submitting orders across its trading platforms. According to the exchange’s official status page, the incident began at 02:42 UTC (8:12
South Korea’s second-largest crypto exchange, Bithumb, has confirmed a security breach involving its internal mobile system, which employees use to work and communicate. Personal information was leaked after an unauthorized party gained access. The exchange is investigating whether customer information was exposed in the incident. Bithumb discovered the breach on
Crypto exchange CoinDCX is facing increased scrutiny after warning users about a phishing campaign involving fake notifications and emails that impersonate the company and direct recipients to external links. The warning comes a day after the exchange disclosed a $15.99 million loss linked to a failure in its process for
One of India’s leading cryptocurrency exchanges, CoinDCX, has denied allegations of a new security breach after blockchain investigators flagged approximately $16 million in USDT and TRX transfers from wallet addresses reportedly linked to the platform. The transactions, reported on October 21, have raised fresh questions about CoinDCX’s July 2025 security
South Korea’s Financial Services Commission has announced plans to tighten cybersecurity requirements across the country’s financial sector after an industry-wide review uncovered more problems than anyone wanted to find. A regulatory review of 555 financial companies revealed cybersecurity deficiencies in 130 of them, nearly one in four. In addition, approximately
Coins.ph, the largest cryptocurrency exchange in the Philippines, is facing potential regulatory action from the Bangko Sentral ng Pilipinas. The allegations are that it processed transactions for restricted offshore gambling operators. The central bank is weighing sanctions against the exchange, and license revocation remains on the table depending on how
