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Crypto

Solana early whale wallet shows signs of 180,000 SOL theft, possible 21 billion won loss

About 180,000 solana tokens are suspected to have been siphoned from a large wallet believed to hold early distribution allocations, raising the possibility of a theft worth about 21 billion won. On-chain analysts said part of the funds appeared to have been bridged to the Ethereum network. Investigators are tracking the flow, citing staking withdrawals and bridging activity as key anomalies, while awaiting confirmation of the wallet’s owner and the destination of remaining tokens.

Crypto

South Korea crypto trading volume falls 28 percent as funds shift to AI, semiconductors

South Korea\'s cryptocurrency trading volume fell 28 percent from a year earlier, the biggest decline among major global markets. U.Today reported that South Korea remained the world\'s No. 2 market for retail crypto activity in the first quarter of 2026, but actual trading contracted sharply. TRM Labs data showed the United States led retail activity with $212 billion in trading. Funds are shifting to domestic stocks, led by strong gains in AI and semiconductors.

Crypto

Binance says 2025 illicit crypto recovery rate 11 percent, 55 times higher than traditional assets

About 11 percent of illicit cryptocurrency transaction volume in 2025 was seized or frozen through cooperation between law enforcement agencies and private-sector groups, Binance Research said. Binance said the recovery rate was about 55 times higher than that for traditional financial assets. The report cited cases involving Tether, Interpol and the T3 Financial Crime Unit. Analysts including Chainalysis and TRM Labs questioned Binance’s figures, citing excluded categories such as hacks and ransomware.