đź“° Today in Crypto News: Major Market Updates & Global Shifts
Need the latest market-moving updates? Here’s everything important that happened in crypto today.
Today in Crypto News – Upbit Hit by $36M Solana Hot-Wallet Breach
South Korea’s top exchange, Upbit, made headlines in the Today in Crypto News cycle after an unauthorized transfer resulted in a $36 million loss from a Solana hot wallet.
What happened:
- Activity flagged at 4:42 am KST
- Deposits and withdrawals frozen for all assets
- Only hot-wallet funds affected
- All remaining assets shifted to cold storage
- On-chain freezing measures initiated
This event surfaced only a day after Dunamu (Upbit’s parent company) announced a massive $10 billion deal with Naver. The hack also brought back memories of Upbit’s previous 2019 breach involving the Lazarus Group.
👉 External Resource (DoFollow):
- https://solana.com — Learn more about the Solana blockchain
- https://www.reuters.com — Additional reporting on global crypto incidents
Today in Crypto News – Tom Lee Softens His $250K Bitcoin Prediction
In today’s market commentary, Tom Lee backed away from his previously bold $250,000 year-end Bitcoin prediction. During a CNBC interview, he stated that Bitcoin could still push above $100,000, with a chance of surpassing its all-time high of $125,100.
His latest stance marks a noticeable change from his earlier ultra-bullish target set in early 2024.
Other analysts like Mike Novogratz previously warned that reaching $250K would require “extreme” conditions in the market.
Despite scaling back, Tom Lee maintains that Bitcoin’s strongest gains could materialize before the end of 2025.
👉 External Resource (DoFollow):
- https://coinmarketcap.com — Track Bitcoin’s updated price charts
👉 Internal Link Suggestion:
- Your existing article on Bitcoin Price Predictions for 2025
Today in Crypto News – Bolivia to Integrate Crypto & Stablecoins Into Its Banking System
Bolivia took a major regulatory leap by announcing that cryptocurrencies and stablecoins will be incorporated into the national financial system.
According to Economic Minister Jose Gabriel Espinoza, Bolivian banks will be allowed to:
- Hold crypto for customers
- Offer crypto-based savings accounts
- Provide crypto-backed loans and credit products
With persistent inflation weakening local fiat, stablecoins such as USDT and USDC have become popular alternatives.
This decision highlights the global trend of nation-state crypto adoption, driven by fear of missing out (FOMO) as digital assets reshape global finance.
👉 External Resource
- https://chainalysis.com — Global crypto adoption data
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