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bitcoinist.com South Korea To Revisit Crypto Tax Plan After Repeal Petition Tops 50,000 Signatures

South Korean lawmakers are expected to review their crypto tax plan after a petition to abolish the long-delayed framework surpassed the required signatories to be discussed in the National Assembly. Related Reading: Jane Street Accused of $192M Telegram Insider Trading Scheme Ahead of Terra Collapse Over 50,000 Koreans Sign Crypto Tax Petition As South Korean […]

bitcoinist.com South Korea To Revisit Crypto Tax Plan After Repeal Petition Tops 50,000 Signatures

South Korean lawmakers are expected to review their crypto tax plan after a petition to abolish the long-delayed framework surpassed the required signatories to be discussed in the National Assembly. Related Reading: Jane Street Accused of $192M Telegram Insider Trading Scheme Ahead of Terra Collapse Over 50,000 Koreans Sign Crypto Tax Petition As South Korean […]

news.bitcoin.com Boerse Stuttgart Targets Europe’s Fragmented Markets With Tokenized Trades

Seturion has launched a strategic partnership with flatexDEGIRO and Societe Generale’s blockchain-based infrastructure to modernize securities settlement in Europe. Tokenized Assets and Trading Venues Boerse Stuttgart Group’s digital settlement platform, Seturion, has partnered with three major financial institutions to build a pan-European, blockchain-based infrastructure designed to modernize and lower the costs of securities settlement across […]

forklog.media SEC to Draft Exemptions for Tokenized Securities

SEC Commissioner SEC Hester Peirce urged the crypto industry to temper expectations regarding the "innovation exemption" for trading tokenized stocks. According to her, the regulator does not plan to permit the issuance of synthetic assets. I appreciate the interest in—but not the hyperbole about—the contemplated innovation exemption for the onchain trading of tokenized NMS stock. Keep in mind: I've always expected that it'd be limited in scope & would facilitate trading only of digital representations of the same…— Hester Peirce (@HesterPeirce) May 21, 2026 Peirce's statement followed a Bloomberg report indicating that the Commission is preparing rules for stock tokenization without issuer consent. According to the agency, the SEC discussed guidelines for trading RWA securities with "hundreds of market participants."  Peirce clarified that the relaxations will apply only to digital copies of stocks already traded on the secondary market. Tokens must confer the same rights as regular shares, including voting and dividends, she emphasized. Securitize CEO Carlos Domingo supported this stance. In his view, issuing tokens by third parties without issuer involvement fragments the market and creates risks. This is good, we want to do on-chain trading, but for the right assets, and not to help proliferate those derivatives that are fragmenting the market and introducing additional risks. Tokenization is needed to solve problems and eliminate intermediaries, not to add new additional… https://t.co/vNTfC5vOoF— Carlos Domingo (@carlosdomingo) May 22, 2026 Robert Leshner, CEO of the Superstate platform, agreed, asserting that a strict approach will maintain the standards of the American financial market during the integration of DeFi. The SEC has been hard at work crafting an innovation exemption that will bring securities into the tokenization & DeFi era, without compromising the standards that make the USA the center of capital markets.More innovation, done well, soon 👏 https://t.co/x1nNUMM9gF— Robert Leshner (@rleshner) May 21, 2026 According to RWA.xyz, stocks worth $1.53 billion have been issued, including shares of Circle, Strategy, and Google. The sector is growing more slowly than analysts' forecasts, which anticipated trillion-dollar turnovers by 2030. Source: RWA.xyz. RWA Risks The Bloomberg publication also drew a response from Ryan Yoon, head of research at Tiger Research, who warned of liquidity fragmentation risks due to stock tokenization without issuer consent. https://t.co/93YoNNF12d— Tiger Research (@tiger_research_) May 22, 2026 According to the expert, capital will begin to move from centralized platforms to various blockchain networks. This will dilute trading volumes currently concentrated on the NYSE or Nasdaq. "Traditional finance sees a serious threat in the breakdown of consolidated liquidity," Yoon stated. Market fragmentation will lead to price discrepancies across platforms and slippage in large transactions. Tiger Research believes this will reduce overall market efficiency. The second issue will be profit outflow. When tokenized stocks are traded on numerous decentralized platforms, exchange revenues go offshore. This undermines the country's financial competitiveness. FG Nexus's head of digital assets, Maja Vujnic, added that dividing the market into "isolated pools" will create pricing errors. There will also be a risk of "shadow short selling" due to a lack of local buyers to stabilize prices. Proponents of tokenization point to its advantages: instant settlements; fractional asset ownership; low fees; 24/7 trading. Siebert Financial analyst Brian Witten believes that the SEC's decision will accelerate the financial system's transition to blockchain. He predicts that some capital will eventually flow into Bitcoin and Hyperliquid networks. In May, it was revealed that the Bank of England will focus its future strategy on RWA to modernize the country's economic sector. 

forklog.media Hack of thousands of GitHub repositories, Interpol’s shutdown of First VPN, and other cybersecurity stories

We’ve compiled the week’s key cybersecurity news. A new crypto-stealing tool bypassed Apple’s protections. Hackers gained access to thousands of GitHub repositories. Interpol made large-scale arrests in the Middle East and North Africa. A critical flaw was found in ChromaDB, a database for AI developers. New crypto-stealing malware bypasses Apple protections The new infostealer Reaper bypasses macOS protections by using a fake security update prompt. It targets browser secrets and crypto wallets. Researchers at SentinelOne reported the threat. Unlike earlier attacks using an initial SHub build that relied on ClickFix, the new campaign uses a special applescript:// link. Following it automatically opens macOS’s built-in script editor and executes malicious code. According to SentinelOne, the attackers spread the malware via fake installers for WeChat and Miro. Some lookalike domains spoofing Microsoft and QQ remained active at publication. Before invoking AppleScript, the malicious sites fingerprint the visitor’s device to filter out researchers and terminals with Russian locales. The code checks for virtual machines and VPNs, as well as installed browser extensions for password managers and crypto wallets. All data is exfiltrated to the attacker via a Telegram bot. After launch, the user sees a fake Apple update notification. The programme downloads a shell script and prompts for the macOS password. Password prompt. Source: SentinelOne.  The infostealer then targets: data from Google Chrome, Mozilla Firefox, Brave, Microsoft Edge, Opera, Vivaldi, Arc and Orion; browser extensions of crypto wallets, including MetaMask and Phantom; browser extensions of the 1Password, Bitwarden and LastPass password managers; desktop cryptocurrency wallet apps, including Exodus, Atomic Wallet, Ledger Live, Electrum and Trezor Suite; iCloud and Telegram account data; configuration files related to programming. Searching for browser password managers and crypto wallets. Source: SentinelOne. Reaper also includes a Filegrabber module that searches the desktop and Documents folder for file types likely to contain sensitive information. It collects target files smaller than 2 MB (or up to 6 MB for PNG images), with a total data cap of 150 MB. Researchers warned the malware persists on the system, masquerading as Google updates. SentinelOne stressed that SHub operators are expanding the stealer’s capabilities by adding remote-access functions to compromised devices, enabling additional payload delivery in future. Hackers gained access to thousands of GitHub repositories  On 19 May hackers breached 3,800 internal GitHub repositories, accessing them via a malicious extension for the VS Code editor. The incident was disclosed by the company’s chief information security officer, Alexis Wales. The breach occurred after a GitHub employee installed a tainted version of the popular Nx Console plugin (version 18.95.0). The malicious code aimed to steal developer credentials and secrets for cloud platforms, including AWS, Kubernetes, GitHub and Docker. The cybercriminal group TeamPCP claimed responsibility. They listed the stolen code for sale on the Breached forum, asking at least $50,000. The group had previously been linked to attacks on Mistral AI, UiPath, OpenSearch and OpenAI staff. The Nx Console developers explained that one of their own employees had earlier fallen victim to a supply-chain attack on the TanStack npm packages. Through the GitHub CLI utility, the hackers stole his tokens, logged into his work account and injected malicious code into the extension update. The infected version of Nx Console was available in the Visual Studio Marketplace for only 18 minutes (and 36 minutes on OpenVSX). Fewer than 70 downloads occurred in that time. GitHub said it swiftly isolated the compromised device and performed an emergency rotation of all critical secrets and access keys. Interpol made large-scale arrests in the Middle East and North Africa Law enforcement from 13 Middle Eastern and North African countries arrested 201 suspects during Operation Ramz, aimed at combating cybercrime, Interpol said. During the operation, the identities of 382 suspects were established in Algeria, Bahrain, Egypt, Iraq, Jordan, Lebanon, Libya, Morocco, the UAE, Oman, Palestine, Qatar and Tunisia. Authorities also seized 53 servers used for phishing, malware distribution and online fraud. Analysis of the data taken from this equipment showed 3,867 victims. To track the hacker infrastructure, Interpol engaged private cybersecurity firms, including Kaspersky Lab, Group-IB, The Shadowserver Foundation, Team Cymru and TrendAI. A critical vulnerability found in the ChromaDB database for AI developers A top-severity critical vulnerability was found in ChromaDB, a database widely used to build AI applications, according to HiddenLayer. ChromaDB is an open-source vector database and retrieval backend heavily used in agentic AI systems and related applications. According to HiddenLayer, the flaw affects the Python version of the API (based on FastAPI) and stems from broken security checks. Upon receiving a request, the system first downloads and executes the specified ML model (for example, a malicious payload from Hugging Face), and only then verifies the user’s authenticity. The server duly returns an authorisation error, but by that time the attacker’s code has already executed. The researchers estimate that about 73% of Chroma nodes run vulnerable versions. Local builds and projects using the Rust frontend are not at risk. The ChromaDB team is ignoring the researchers’ requests, and it is currently unclear whether the vulnerability has been fixed in the latest 1.5.9 release. Pending official guidance and patches, experts advised users to: isolate the Python server from public access (restrict access to the API port via a firewall); use the Rust frontend as an alternative for exposed environments; carefully vet third-party ML models for backdoors before running them, especially if trust in remote code is enabled. Europol dismantled First VPN over criminal use Law enforcement disabled the First VPN service, which was used for extortion and data theft. The international operation was announced by Europol. According to police, the service was advertised on hacker forums as a privacy-focused tool that kept no user activity logs and ignored law-enforcement requests. First VPN was named in virtually every major cybercrime case supported by the agency. The investigation began in December 2021 under the leadership of authorities in France and the Netherlands. At one stage, agents infiltrated the VPN’s infrastructure, built a user database and identified connections used by hackers. As a result of the 19–20 May operation, core infrastructure was disrupted. Officers seized 33 servers in 27 countries, confiscated domains, arrested the administrator and searched a suspect’s home in Ukraine. Also on ForkLog: Polymarket confirmed a private key compromise. The MAPO token fell 96% after a hack. Media: the Pentagon created a group to deploy hacking AI models. Opinion: AI and quantum technologies will put existing security systems at risk. The BTCFi protocol Echo was hacked for $816,000. Hackers drained $11.5 million from the Verus protocol. The THORChain team disclosed details of a $10 million hack. What to read this weekend? In a new piece, ForkLog explains how to try AI models that work without an internet connection for free and which resources to use as a beginner.

blockmanity.com From Pixels to Blockchain: How Games Will Onboard the Next Billion to Web3

Web3 is growing fast but it still feels hard for most people to join. The next big wave of users will not come from finance apps or complex wallets. It will come from that feel fun and rewarding right away. […] The post From Pixels to Blockchain: How Games Will Onboard the Next Billion to Web3 appeared first on Blockmanity.

bitcoinist.com Hyperliquid Faces Perpetual Futures Test From OKX And NYSE’s Parent Company

Hyperliquid (HYPE) has been setting the pace in the perpetual futures market but that lead is facing a new test after OKX—along with Intercontinental Exchange (ICE) announced plans for OKX to introduce perpetual futures tied to major energy benchmarks from ICE, including Brent Crude and WTI Crude. New OKX Perpetuals In an official release, the […]

news.bitcoin.com NYSE Owner ICE Partners With OKX to Launch Perpetual Oil Futures

Intercontinental Exchange and crypto platform OKX are preparing to launch perpetual oil futures tied to Brent and WTI benchmarks. The partnership marks another step in the growing convergence between traditional commodity markets and crypto-native trading infrastructure. OKX Pushes Perpetual Oil Contracts as ICE Expands Into Crypto Infrastructure Intercontinental Exchange, the owner of the New York […]

cryptobriefing.com Trump reviews military options for renewed strikes against Iran as crypto markets brace for volatility

Heightened geopolitical tensions could destabilize global markets, impacting crypto volatility and prompting stricter regulatory scrutiny. The post Trump reviews military options for renewed strikes against Iran as crypto markets brace for volatility appeared first on Crypto Briefing.

bitcoinist.com Bitcoin Just Triggered A Rare Exchange Flow Setup – Here’s What History Suggests

Bitcoin is facing a critical test above $75,000 as selling pressure builds and the market searches for the structural support that would prevent the correction from extending further. The price is at a level that demands a response — and CryptoQuant analyst MorenoDV has identified a signal in the Bitcoin flow data that places the […]

cryptobriefing.com Trump administration prepares for potential military strikes against Iran as crypto markets brace for impact

The potential military action against Iran could destabilize global markets, highlighting the strategic role of digital assets in geopolitical conflicts. The post Trump administration prepares for potential military strikes against Iran as crypto markets brace for impact appeared first on Crypto Briefing.

cryptobriefing.com Google DeepMind’s AlphaProof Nexus solves 9 Erdős problems and proves 44 sequence conjectures

AI-driven formal verification could revolutionize fields like cryptography and software auditing by making proof validation more efficient and cost-effective. The post Google DeepMind’s AlphaProof Nexus solves 9 Erdős problems and proves 44 sequence conjectures appeared first on Crypto Briefing.

cryptobriefing.com University of Michigan consumer sentiment index hits record low of 44.8 as war-driven inflation batters households

Record-low consumer sentiment may signal prolonged economic challenges, impacting spending and widening socio-economic disparities. The post University of Michigan consumer sentiment index hits record low of 44.8 as war-driven inflation batters households appeared first on Crypto Briefing.

cryptobriefing.com Kevin Warsh appointed 17th Chair of the Federal Reserve, bringing crypto-friendly stance to the top

Warsh's appointment signals a potential shift towards integrating digital assets into mainstream finance, impacting regulatory and market dynamics. The post Kevin Warsh appointed 17th Chair of the Federal Reserve, bringing crypto-friendly stance to the top appeared first on Crypto Briefing.

bitcoinist.com Trump Media’s $205M Bitcoin Transfer Fuels Fresh Sale Speculation

Trump Media-linked wallets deposited 2,650 Bitcoin, worth roughly $205 million, into Crypto.com, according to on-chain trackers, triggering speculation that the Truth Social parent has sold another tranche of its Bitcoin treasury. The transfer matters because Trump Media’s Bitcoin position was built near much higher levels, leaving the company exposed to one of the more visible […]

bitcoinist.com XRP’s Leverage Build-Up Reaches Critical Levels – Analyst Explains The Risk

XRP is struggling below $1.40 as the market faces indecision that has left the price grinding in a range without the directional conviction needed to break meaningfully in either direction. The uncertainty is real — but an analysis from platform Arab Chain tracking Binance derivatives activity has identified a condition in the open interest data […]

news.bitcoin.com FDIC Study Links Digital Assets to Fastest Bank Runs in US History

An FDIC report on three failed banks stated that depositors tied to the digital asset sector and active escrow accounts were more likely to move funds during the fastest bank runs in U.S. history. The study said Signature Bank’s active escrow deposits fell 88%. Digital Asset Depositors Moved Faster During Bank Stress The Federal Deposit […]

cryptobriefing.com Defiance ETFs files for Nvidia and Google Ventures ETFs targeting portfolio companies of tech giants

These ETFs could democratize access to tech venture investments but may pose liquidity and concentration risks, especially in volatile sectors. The post Defiance ETFs files for Nvidia and Google Ventures ETFs targeting portfolio companies of tech giants appeared first on Crypto Briefing.

news.bitcoin.com Bitcoin Falls Below $76K as $209M in Long Liquidations Hammer Traders

Bitcoin retreated Friday evening, falling to $75,120 per coin and marking a 2.8% decline over the course of the day. The daily decline added another bruise to what has already been a fairly miserable seven-day stretch, pushing weekly losses to roughly 5%. Bitcoin Loses Ground The $80,000 range once again appears increasingly distant, with bitcoin […]

cryptobriefing.com SEC delays innovation exception for US equity token trading after pushback from traditional exchanges

The SEC's delay highlights ongoing tensions between innovation and traditional market structures, creating uncertainty for tokenized securities' future. The post SEC delays innovation exception for US equity token trading after pushback from traditional exchanges appeared first on Crypto Briefing.

cryptobriefing.com Grayscale report highlights Ethereum, Solana, BNB Chain, and Canton Network as regulatory clarity winners

Regulatory clarity could drive institutional adoption, integrating public blockchains into traditional finance and expanding DeFi applications. The post Grayscale report highlights Ethereum, Solana, BNB Chain, and Canton Network as regulatory clarity winners appeared first on Crypto Briefing.

bitcoinist.com Hope For Altcoin Season: The Bitcoin Move That Could Kickstart Everything

Altcoins have spent years losing ground against Bitcoin, and that has made the phrase “altseason is dead” one of the easiest claims in crypto. However, a market structure shared by Cryptollica on X suggests the story may not be that simple.  The chart does not show strength yet, but it does show a familiar location […]

cryptobriefing.com James Comer launches investigation into prediction markets Kalshi and Polymarket over insider trading concerns

The investigation could lead to stricter regulations on prediction markets, impacting user trust and the operational dynamics of crypto platforms. The post James Comer launches investigation into prediction markets Kalshi and Polymarket over insider trading concerns appeared first on Crypto Briefing.

news.bitcoin.com Ghana Rolls Out 2025 Crypto Law as Regulators Target Fraud and AML Risks

Ghana has introduced a new legal framework via the Virtual Asset Service Providers Act of 2025 to regulate its rapidly growing cryptocurrency market. Rising Crypto Adoption and Systemic Risks Ghana has rolled out a legal framework to regulate virtual assets as cryptocurrency adoption accelerates across the economy, according to the country’s 2025 Financial Stability Review. […]