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South Korea’s Democratic Party pushes to implement 20% crypto tax in 2025

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South Korea’s Democratic Party said increasing the tax threshold to 50 million won ($36,000) would mean only big players will be affected. 

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BTCPay Server warns of hot wallet thefts running on outdated software

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BTCPay Server urged operators to shut down their servers after receiving reports of unauthorized attackers draining funds from hot wallets.

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Coin Market

Bank of Korea probes financial firms’ exposure to crypto risks

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The central bank is surveying 31 financial institutions on how a major exchange shutdown, prolonged crypto downturn or losses at another firm could affect their operations.

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Coin Market

THORChain halts swaps after block reorg bug, slowing Binance hackers

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THORChain node operators paused swaps involving assets on 10 networks, including Bitcoin, Ethereum, Solana and Tron.

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