South Korea's largest crypto exchange, Upbit, just made headlines for all the wrong reasons. On November 27, hackers siphoned off over 104 billion coins – valued at a staggering 44.5 billion won ($30.2 million) – in a blistering 54-minute breach. That's roughly 32 million coins per second. The bulk hit Bonk (BONK#BTCVSGOLD ) tokens, but Solana (#SOL ) took the biggest value hit at 42.7% of losses. Upbit scrambled, suspending Solana deposits and halting all trades, but a six-hour delay in reporting to regulators has lawmakers fuming. Good news for users: The exchange covered losses from cold wallets, proving why self-custody (and backups) remain king. Security audits? Non-negotiable in this wild west.
Crypto Market Braces for December Rebound: Bitcoin Dips to $89K as Fed Rate Cut Hopes Ignite Optimis
The cryptocurrency market is entering December 2025 on a cautious note, with Bitcoin (#BTC ) trading at approximately $89,647 amid a weekly decline that has erased much of its post-election gains. After surging to an all-time high of over $126,000 in early October, #BTC has shed nearly 30% of its value, reflecting broader risk-off sentiment in global markets. Yet, amidst the red, glimmers of hope are emerging—particularly from major exchanges like Coinbase, which forecast a potential rebound driven by improving liquidity and near-certain Federal Reserve rate cuts. #BTC
The market is buzzing! Bitcoin’s resilience above the key psychological level is a massive bullish signal. The ongoing institutional adoption coupled with halving anticipation makes $BTC a must-watch asset this cycle. Keep stacking sats! @Bitcoin #BTC #BitcoinHalving #Crypto
#kite $KITE The biggest gap in Web3 isn't a lack of chains, but a lack of infrastructure built for autonomous AI agents. Existing blockchains force bots to use human-centric systems. @KITE AI is solving this by creating the first true Agent-Native Layer 1, complete with cryptographic identity, programmable governance, and machine-native micropayments. This isn't just another AI token; it's the foundation for a new digital economy where AI can transact, coordinate, and operate safely without human babysitting. Watch the Agent-to-Agent future unfold! What dApp built on the $KITE blockchain are you most excited to see launch? #KITE #AgenticEconomy #AIBoom #Web3Innovation