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News
Crypto Hacks Nearly Double in a Year as Bridges and Cross-Chain Infrastructure Get Breached — BigGo Finance
5+ day, 14+ hour ago (750+ words) Crypto hacks have surged past 250 incidents this year, nearly doubling in frequency compared to a year ago. The growing concentration of attacks on bridges and cross-chain infrastructure—the systems responsible for moving assets between blockchains—is raising serious security concerns…...
The '5G' Label Trap in Travel eSIMs: Latency Up to 30x Higher Depending on Data Routing — BigGo Finance
5+ day, 21+ hour ago (730+ words) An analysis has found that the "5G" label on travel eSIMs does not guarantee actual connection quality. According to an Ookla report, hub-based eSIMs route data through overseas hubs in Madrid, London, and other locations, resulting in latency up to 30 times…...
Bitcoin Stalls Below $80,000 as Weekend Volume Dries Up — BigGo Finance
6+ day, 22+ hour ago (550+ words) Bitcoin entered a holding pattern over the weekend, hovering just under the $80,000 mark as trading activity slumped to roughly half of its midweek levels. The largest cryptocurrency changed hands between $79,750 and $80,100 early Sunday, according to Bitstamp data, leaving traders waiting…...
South Korean Regulators to Require Pre-Review of YouTube Ads by Brokerages, Asset Managers Starting January — BigGo Finance
1+ week, 6+ day ago (284+ words) Seo Jae-wan, Deputy Governor of the FSS, said in his opening remarks, "Advertising for financial investment products that can result in principal loss must be approached differently from general advertising," urging the industry to "correct the perspective and perception that…...
Ascend Elements Bankruptcy Turns SK Ecoplant's 100 Billion Won Contingent Liability Into Reality — BigGo Finance
2+ week, 17+ hour ago (411+ words) The bankruptcy of U.S. battery recycling company Ascend Elements is set to impose an unexpected financial burden on SK Ecoplant. When SK Ecoplant sold its Ascend convertible preferred stock to SKS Private Equity in 2024, it provided a make-whole agreement guaranteeing investors…...
Offshore Perpetual Futures Trading Volume Hits 2.7x KORU ETF on U.S. Exchanges; Monthly Volume Reaches ₩33 Trillion — BigGo Finance
2+ week, 2+ day ago (1045+ words) Offshore perpetual futures tracking the price of the KORU ETF listed on U.S. exchanges reached 2.69 times the underlying ETF's trading volume this month, according to an analysis by Tiger Research. Between August 1 and 24, KORU perpetual futures traded approximately ₩33 trillion (approximately $24.0 billion)…...
Samsung Card's Monimo Chases Shinhan's Super SOL—Can It Overcome the Absence of a Bank Affiliate? — BigGo Finance
3+ week, 4+ day ago (235+ words) The key variable in the super-app competition is the presence or absence of a bank affiliate. In a financial ecosystem where most activities—credit card settlement, stock investment deposits, loan disbursement—are completed through bank accounts, a bank serves as…...
Solana Holds $75 as Institutional Inflows Stretch to Seventh Straight Week — BigGo Finance
4+ week, 1+ hour ago (387+ words) Solana traded at $75.55 on Monday, up a modest 0.20% over the previous 24 hours, as the token defended a critical support zone while institutional capital continued to flow into exchange-traded products tied to the asset. Market capitalization stood at approximately $44.03 billion, with…...