Monday Feb 24, 2025

Hong Kong & Singapore Lead Asia’s Crypto Revolution

Bybit lost $1.5B in a massive hack, sparking security concerns. Binance Pay’s transactions surged to $72.4B, reflecting rising crypto adoption. Russia lost $14.2M due to illegal mining, while Argentina’s President Milei faces scrutiny over a meme coin crash. Hong Kong & Singapore push crypto regulations forward. Elon Musk reaffirmed his Dogecoin support, and an Indian investor lost $221K in a scam. Justin Sun urged exchanges to strengthen security after the Bybit breach.

Reference:

 https://www.linkedin.com/newsletters/chain-train-7126277052151844864/

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