Crypto Security Crisis: $73M Pig Butchering Case & Quantum Defense

A landmark 20-year prison sentence for orchestrating a $73 million ‘pig butchering’ scheme has laid bare the systemic vulnerabilities plaguing the cryptocurrency industry. As sophisticated social engineering attacks drive record losses, with $370 million stolen in January 2026 alone, the sector faces a structural security crisis. In response, a new wave of infrastructure projects like BMIC ($BMIC) is emerging, betting that quantum-resistant architecture and AI threat detection represent the only viable defense against the next generation of crypto theft.

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Prediction Markets Hit $63.5B Amid Wash Trading, Security Risks

The prediction market sector experienced explosive growth in 2025, with annual trading volume quadrupling to $63.5 billion, according to a new report from blockchain security firm CertiK. However, this surge masks significant structural strains, including research indicating that nearly 60% of activity on leading platform Polymarket during incentive periods was artificial wash trading. While market prices have so far remained reliable, CertiK warns that hybrid security vulnerabilities, heavy reliance on promotional incentives, and expanding state-level regulation threaten the long-term sustainability of platforms like Kalshi, Polymarket, and Opinion as they dominate the consolidating liquidity.

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Crypto Wrench Attacks Surge 75% in 2025, Europe Becomes Epicenter

Physical violence targeting cryptocurrency holders has escalated from a fringe threat to a systemic risk, with a new report documenting a record 72 verified ‘wrench attacks’ in 2025—a 75% year-over-year surge. Blockchain security firm CertiK warns that Europe, led by France, has become the new global epicenter of this violent crypto crime wave, marking a stark inflection point where kidnapping and torture are now structural risks of digital asset ownership.

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Crypto Losses Hit $370M in Jan 2026, Phishing Dominates

January 2026 delivered a stark reminder of cryptocurrency’s most persistent vulnerability: human trust. With approximately $370 million stolen, the month’s losses surged nearly fourfold compared to January 2025, according to security firms CertiK and PeckShield. The dramatic increase was not driven by sophisticated code-breaking but by old-fashioned deception, as phishing and social-engineering scams accounted for a staggering $311 million of the total. This data underscores a pivotal shift in attacker strategy, where manipulating people has become more lucrative than exploiting software alone.

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Veltrixa Launches Audited AI Crypto Trading Platform

Veltrixa has launched an AI-powered crypto trading platform designed to bring structured, automated execution to a broader audience. Emphasizing transparency through third-party audits and real-time monitoring, the platform aims to provide an alternative to emotion-based trading decisions with over 12 months of publicly accessible historical trade data.

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US Stablecoin Rules Split Global Liquidity with Europe

The United States’ new stablecoin regulations under the GENIUS Act are creating a sharp structural split with the European Union’s MiCA regime, effectively dividing global liquidity into separate regional markets. This regulatory divergence could lead to cross-border friction and reshape how digital assets flow internationally. The shift marks a new phase of regulatory clarity for the US digital asset market.

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Cryptomus: All-in-One Crypto Platform for Businesses & Users

As global cryptocurrency adoption accelerates, with over 600 million individuals now holding digital assets, businesses and users face a fragmented landscape of wallets, exchanges, and payment systems. Cryptomus, launched in 2022, emerges as a comprehensive solution to this challenge, offering an integrated ecosystem that combines a multi-currency wallet, payment gateway, P2P exchange, staking, and a fee-free converter. This unified platform is designed to simplify crypto management while providing enterprise-grade tools for companies navigating the $10+ billion daily trading volume market, positioning itself as a reliable partner in the expanding world of digital finance.

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Wemade Forms GAKS Alliance for KRW Stablecoin Mainnet

Blockchain gaming company Wemade has launched the Global Alliance for KRW Stablecoins (GAKS) with key partners Chainalysis, CertiK and SentBe, marking a significant step forward in establishing a compliant Korean won-based stablecoin ecosystem. This strategic partnership aims to support StableNet, a dedicated mainnet for KRW-backed stablecoins, following multiple previous setbacks in creating regulated digital currency infrastructure in South Korea. The alliance brings together specialized expertise in blockchain analytics, security auditing, and cross-border payments to create a comprehensive framework that meets institutional and regulatory requirements.

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Upbit $36M Hack Linked to North Korea’s Lazarus Group

South Korean authorities are investigating a sophisticated $36 million theft from Upbit’s Solana hot wallets, with mounting evidence pointing to North Korea’s notorious Lazarus Group as the perpetrator. The crypto exchange operator Dunamu has frozen affected accounts, moved remaining funds to secure cold storage, and committed to full customer reimbursement as investigators prepare for an on-site probe into one of the year’s most significant security breaches.

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GrantiX Bridges $1.57T Impact Investing with Blockchain

GrantiX, the world’s first sustainable multi-chain impact platform, is poised to revolutionize philanthropy by connecting the $1.57 trillion impact-investing market with blockchain technology. Launching its mainnet in December 2025, this Dubai-based platform combines AI-driven analytics with Web3 infrastructure to create transparent, measurable social impact, addressing critical inefficiencies in traditional charitable giving through blockchain’s immutable tracking and decentralized finance mechanisms.

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Crypto Hacker Cashes Out $31M via Tornado Cash Year After Radiant Hack

Nearly a year after draining $50-58 million from Radiant’s cross-chain lending pools, the unidentified exploiter continues to methodically launder stolen funds through Tornado Cash, with recent transactions totaling $31.5 million revealing a patient, calculated exit strategy. The ongoing money laundering operation, involving carefully timed ETH transfers through the Ethereum mixer, underscores persistent vulnerabilities in DeFi security protocols and highlights how sophisticated attackers exploit cross-chain infrastructure weaknesses long after initial breaches.

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Altcoins Slide as Remittix Defies Crypto Market Downturn

Major cryptocurrencies Solana, Cardano, and XRP are facing significant downward pressure this week as market uncertainty and Federal Reserve policy comments shake investor confidence. While these established altcoins struggle to maintain key support levels, emerging PayFi token Remittix is bucking the trend with strong momentum, real-world utility, and growing institutional recognition, positioning itself as a utility-focused alternative in a volatile market.

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