Exchange Risk

According to a report by Korean media outlet News1 on June 8, Korean police have launched a search and seizure operation targeting Bithumb, one of the country’s major cryptocurrency exchanges, investigating a case involving nonpartisan National Assembly member Kim Byung-ki, who is suspected of using political influence to secure jobs for his son at multiple cryptocurrency companies. Kim Byung-ki’s son began working at Bithumb in January 2025 and served for about six months. Allegations Involving

According to ChainCatcher, Haedal detected abnormal liquidity decreases in several Vault pools recently and halted the affected contracts as a precaution while investigating the root cause. The company stated that only a limited number of Vault pools are impacted, while all other products remain

According to BlockBeats, on June 8, crypto bankruptcy creditor investor Thomas Braziel called for public disclosure of the Cardano Foundation's approximately 1,090 BTC following the fund's December 2025 dissolution. Based on Isle of Man corporate registry documents, Braziel stated that the

According to on-chain investigator ZachXBT and reports shared by Wu Blockchain, cryptocurrency exchange JuCoin came under scrutiny over the past week after users reported withdrawal delays and questions were raised about the exchange's reserve composition. JuCoin attributed the withdrawal issues to

According to Syscoin's postmortem published on X, an attacker recently exploited a validation flaw in the bridge relay path, minting approximately 5 billion SYS tokens without authorization. The unauthorized tokens, valued at just under $10 million at the time, sent SYS into a 20% freefall. The att

According to Ethereum Korea, Base Layer 2 experienced over 30 hours of withdrawal delays following its Azul upgrade on May 28, due to a TEE enclave bug that stalled state updates. The upgrade aimed to strengthen Base's optimistic rollup structure by integrating Trusted Execution Environment (TEE)

According to Odaily, decentralized derivatives exchange edgeX has completed compensation distribution to users affected by the June 2 incident. Eligible users whose EDGE long positions on edgeX Perp V1 or V2 were liquidated or triggered stop-loss between 4:50 and 6:00 UTC on June 2 can receive up to

According to Park Sang-hyuk, editor-in-chief of Digital Assets, ZEC dropped 60% overnight on June 5 following the disclosure of a vulnerability in Zcash's Orchard pool that allowed unauthorized token issuance. The flaw remained unpatched for approximately four years. Park noted in a June 8

According to blockchain analyst ZachXBT, centralized exchange JuCoin has been flagged for withdrawal issues over the past week, with multiple users reporting anomalies. The exchange disclosed total reserves of approximately $511 million in its proof of reserves on X; however, the majority consists o

Between 2020 and April 2026, South Korea's five major cryptocurrency exchanges experienced 57 security breaches and system failures, resulting in cumulative payouts of approximately $5.1 million (70 billion Korean