The Gwangju District Prosecutors’ Office has launched a comprehensive investigation following the disappearance of Bitcoin valued at 48 million dollars, stolen directly from its official custody during the past year. According to judicial sources, the funds were drained through a sophisticated phishing attack, exposing serious internal institutional vulnerabilities that have sparked national alarm regarding the protection of confiscated high-value assets.
Author: liam
liam
Liam writes about Web3 and decentralized finance, focusing on how protocols, applications, and governance models are used in practice. His coverage centers on real adoption, integration, and the mechanics behind decentralized systems.Market developments and regulatory context are part of his reporting when they intersect with Web3 or DeFi activity.
Read More
During the latest financial sessions, institutional investors have redefined their Bitcoin option strategies after recording a massive capital outflow from spot exchange-traded funds. This movement, led by professional traders and large whales, seeks to take advantage of the price consolidation below 91,000 dollars, expecting a spike in volatility within the market on a global scale.
RAIN surged to an all-time high near $0,0100, yet failed to hold the breakout as a cross-cohort discrepancy in holder behavior created persistent selling pressure. The on-chain picture explains why a strong intraday move did not translate into sustained upside.
According to analyst Ananda Banerjee, the Monero criptomoneda is showing signs of exhaustion after a significant rally throughout January. The Monero downside risk stands at 44%, driven by a rising wedge technical structure and a negative historical trend that has affected the asset for the last three consecutive years in the market.
The asset management firm Strive, co-founded by entrepreneur Vivek Ramaswamy, has announced an ambitious Bitcoin treasury strategy through a 150 million dollar offering. According to the company’s official statement, the proceeds will be primarily used for the repurchase of convertible notes and additional acquisition of the leading digital asset in the global cryptographic market.
TRON DAO announced it had integrated Blockaid, deploying production-grade, real-time security tooling across the protocol. The move aimed to harden protections for a network that supports roughly 358.000.000 users and has processed more than 12.000.000.000 transactions.
Shiba Inu (SHIB) is trading in a tight band between $0.0000079 and $0.0000085 as of January 21, sitting above a long-recognized demand zone near $0.0000068. That area—market participants call it the “life-long launchpad”—matters because it frames a possible entry range for buyers and a clear downside test if support fails.
Governor Fabio Panetta and senior Bank of Italy officials argued that commercial banks — not private stablecoins — must remain the structural anchor of digital money. The position frames stablecoins as complementary payment tools whose credibility ultimately depends on bank- and sovereign-backed liabilities.
Solana Mobile’s SKR token plunged following a massive airdrop that flooded the market and triggered immediate profit-taking, eroding early holder conviction. The token-specific supply shock overwhelmed demand even as the broader crypto market showed resilience, highlighting design risks in large-scale distributions.
The digital asset firm Galaxy, led by Mike Novogratz, is preparing the launch of a Galaxy 100 million hedge fund during this first quarter of 2026. According to the Financial Times, this new strategy seeks to generate returns in both upward and downward scenarios, adapting to a volatile financial environment where the linear growth phase seems to be coming to a definitive and clear end.
