Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Planet Evening News

2025-11-27 11:30

1. Some of the funds stolen from Upbit have flowed to Binance user addresses;

2. Upbit has revised the amount of stolen funds to 44.5 billion won, approximately US$30.43 million. South Korean regulators will conduct an on-site investigation until December 5.

3. Arthur Hayes further increased his holdings of ENA and ETHFI, bringing his total holdings to 4.89 million and 696,000 respectively;

4. Ark Invest further increased its holdings in Coinbase, betting on a "substantial reversal" in inflation;

5. Several Solana ecosystem tokens within Upbit experienced a short-term surge, with Orca rising by over 100% in a short period.

6. "Brother Machi" has begun to close out his ETH long positions in batches, and the current total unrealized profit of the long positions exceeds $900,000;

7. Crypto Quant founder Upbit was hacked, causing its arbitrage bot to temporarily shut down, allowing Korean funds to take advantage of the situation and drive up altcoin prices;

8. Nexton Solutions completes $4 million strategic financing round, led by Danal;

9. Binance Alpha supports Arbitrum.