Morgan Stanley's Bitcoin ETF Could Attract $160 Billion, Says Strategy CEO

A Chrome extension named Crypto Copilot has been secretly adding hidden fees to Solana swaps, siphoning off a minimum of 0.0013 SOL or 0.05% of the trade amount to an attacker-controlled wallet. The extension, available on the Chrome Web Store, has been flagged for its deceptive behavior.

Bitcoin surged past $90,000 due to "improved risk sentiment," not a specific catalyst, according to QCP analysts, sustaining the move without major pullbacks. The bullish turnaround caught bears off guard, triggering significant short liquidations. The crypto market reflects broader financial market risk appetite, influenced by macro catalysts.

Upbit, South Korea's largest crypto exchange, reported a security incident involving a $36 million loss on the Solana network due to irregular withdrawals from a compromised hot-wallet address. The exchange is compensating affected assets and conducting a security review to prevent further breaches.

Australia's new legislation aims to regulate crypto exchanges and custody platforms, potentially unlocking $24 billion in annual productivity gains. The bill introduces financial product categories for digital asset and tokenized custody platforms, requiring operators to hold licenses and follow ASIC standards.

The World Federation of Exchanges, including NYSE and Cboe, has urged the SEC to reconsider special exemptions for crypto firms offering tokenized stocks. The federation expressed concerns about risks to investors and market integrity posed by the broad use of exemptive relief.

Nobel Prize-winning economist Paul Krugman attributes Bitcoin's recent price decline to President Trump's diminishing power and popularity, impacting the cryptocurrency market. Krugman argues that Trump's ties to the crypto industry and pro-crypto policies have influenced Bitcoin's performance as a "Trump trade."

S&P Global Ratings warned that Tether's USDT may lose its 1:1 peg with the U.S. dollar due to declining assets like Bitcoin. The stablecoin could become "undercollateralized" if asset values drop, as S&P downgraded its stability rating.

Bitcoin reached a record high of $126,080 in October but is now priced nearly 29% lower. Analysts attribute the dip to decreased institutional interest, uncertain Federal Reserve policy, and waning liquidity. Despite recent gains in Ethereum, Solana, XRP, and Dogecoin, the market remains volatile.

Naver Financial has agreed to acquire Dunamu, the operator of Upbit, in a $10.29 billion all-stock deal pending regulatory approval. The merger will make Dunamu's leadership the largest shareholders in Naver Financial, with both companies continuing to operate independently.

Ark Invest, led by Cathie Wood, has been actively acquiring shares in tech and crypto-related companies, including Google, Coinbase, Circle, and its own Bitcoin ETF. The firm's recent investments in Google and other companies have contributed to its significant market cap growth.