SoSoValue Crypto Daily | Crypto Market Holds Steady; Upbit Security Incident, BNC Boardroom Moves, and Stablecoin Oversight in Focus

SoSoValue Crypto Daily | El mercado de criptomonedas se mantiene estable; Incidente de seguridad de Upbit, movimientos en la sala de juntas de BNC y supervisión de stablecoins en foco

SoSoValue Crypto Daily | Le marché crypto reste stable ; Incident de sécurité chez Upbit, mouvements au conseil d'administration de BNC et surveillance des stablecoins au centre de l'attention

SoSoValue 暗号資産デイリー | 暗号資産市場は安定を維持；Upbit のセキュリティインシデント、BNC の役員会人事、およびステーブルコインの監督に注目

SoSoValue Crypto Daily | Mercado de Criptoativos se Mantém Estável; Incidente de Segurança na Upbit, Movimentos na BNC Boardroom e Supervisão de Stablecoins em Foco

SoSoValue Crypto Daily | Крипторынок остается стабильным; Инцидент с безопасностью Upbit, перестановки в BNC Boardroom и усиление контроля за стейблкоинами в центре внимания.

SoSoValue 加密貨幣日報 | 加密貨幣市場保持穩定；Upbit 安全事件、BNC 董事會變動以及穩定幣監管成為焦點

SoSoValue Kripto Günlüğü | Kripto Piyasası İstikrarlı Seyrediyor; Upbit Güvenlik Olayı, BNC Yönetim Kurulu Hareketleri ve Stablecoin Gözetimi Odak Noktasında

SoSoValue Crypto Daily | Thị trường Crypto giữ vững ổn định; Sự cố bảo mật Upbit, các động thái của BNC Boardroom và việc giám sát Stablecoin được chú trọng

SoSoValue 加密货币日报 | 加密货币市场保持稳定；Upbit 安全事件、BNC 董事会变动以及稳定币监管成为焦点

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="b2b109a9-b8a3-4c95-b86e-64466eb3a3d1"><div class="bn-block" data-node-type="blockContainer" data-id="b2b109a9-b8a3-4c95-b86e-64466eb3a3d1"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><em>The crypto market remained stable with a 0.27% rise in total capitalization to $3.19 trillion, as Bitcoin climbed 1.1% and Ethereum stayed flat, while sector performance varied. South Korean exchange Upbit suffered a $40 million security breach involving Solana tokens, prompting it to halt transactions and raising concerns about its global expansion and security practices. YZiLabs is pushing for a board overhaul at Nasdaq-listed CEA Industries (BNC), citing poor governance and underperformance despite strong financing and a digital asset treasury. Tron’s Justin Sun accused Hong Kong’s First Digital Trust of mismanaging TUSD reserves and falsifying records, intensifying scrutiny on stablecoin oversight as FDT sought an injunction against him. Meanwhile, Optimism’s co-founder admitted to past overexpansion and pledged a renewed focus on scalable, enterprise blockchain infrastructure to sharpen its competitive positioning.</em></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="8148fcc3-6975-45e2-bae0-f7152b4893a7"><div class="bn-block" data-node-type="blockContainer" data-id="8148fcc3-6975-45e2-bae0-f7152b4893a7"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><br><br class="ProseMirror-trailingBreak"></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="74de0a8d-ed52-4f37-81d8-40ed5031e76c"><div class="bn-block" data-node-type="blockContainer" data-id="74de0a8d-ed52-4f37-81d8-40ed5031e76c"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><br class="ProseMirror-trailingBreak"></p></div></div></div></div>

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="69dee2ba-1eef-40e2-a8db-8ee812a6614a"><div class="bn-block" data-node-type="blockContainer" data-id="69dee2ba-1eef-40e2-a8db-8ee812a6614a"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>Market Update</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="9c74c375-08d5-4775-bceb-f8186c986949"><div class="bn-block" data-node-type="blockContainer" data-id="9c74c375-08d5-4775-bceb-f8186c986949"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">The cryptocurrency market displayed relative stability today, with total market capitalization edging up by 0.27% to $3.19 trillion. Bitcoin (BTC) gained 1.1% over the past 24 hours to trade at $91,300, while Ethereum (ETH) remained flat at $3,020. Sector performance was mixed: Meme coins and Layer2 solutions saw declines of over 2%, whereas the Real World Assets (RWA) segment posted gains exceeding 2%. Other sectors experienced price swings within a 1% range, reflecting a broadly balanced but cautious trading environment.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="929df357-9027-42f1-ba47-8edf022a94b4"><div class="bn-block" data-node-type="blockContainer" data-id="929df357-9027-42f1-ba47-8edf022a94b4"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>Upbit Security Incident Raises Concerns</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="6f362c50-88e5-4fc4-8181-3759cead2d34"><div class="bn-block" data-node-type="blockContainer" data-id="6f362c50-88e5-4fc4-8181-3759cead2d34"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">South Korean exchange Upbit made headlines after halting deposits and withdrawals due to a detected anomaly involving specific Solana network tokens. Approximately $40 million worth of tokens were transferred to unauthorized wallets. Upbit has pledged to cover all losses and is cooperating with authorities, having already frozen KRW 12 billion in related assets. The incident could cast a shadow over Upbit’s ambitions for a potential Nasdaq IPO, highlighting the heightened security risks facing centralized exchanges even as they pursue global expansion.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="591069d1-c53d-4c98-af25-8d8347419086"><div class="bn-block" data-node-type="blockContainer" data-id="591069d1-c53d-4c98-af25-8d8347419086"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>BNC Boardroom Shake-Up Sought by YZiLabs</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="577a6043-da6f-4485-a13f-f6b9da8eda16"><div class="bn-block" data-node-type="blockContainer" data-id="577a6043-da6f-4485-a13f-f6b9da8eda16"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Investment firm YZiLabs has submitted a preliminary consent statement to the U.S. SEC, seeking to expand the board of Nasdaq-listed CEA Industries Inc. (BNC) and nominate new directors. Despite BNC's sizable $500 million PIPE financing and a digital asset treasury strategy centered on BNB, YZiLabs criticized the company’s weak governance, inadequate investor communication, and delays in key SEC filings. The firm believes these issues have led to BNC’s stock underperforming relative to both its asset value and peer BNB price action. YZiLabs, backed by significant shareholders including CZ, aims to realign the company’s strategy and unlock its potential through stronger board oversight.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="14bfb934-5fd1-4ba2-8689-0315ecdb6f3c"><div class="bn-block" data-node-type="blockContainer" data-id="14bfb934-5fd1-4ba2-8689-0315ecdb6f3c"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>First Digital Trust Faces Further Scrutiny from Justin Sun</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="01ab5bc8-9734-48c1-996e-194443bf4990"><div class="bn-block" data-node-type="blockContainer" data-id="01ab5bc8-9734-48c1-996e-194443bf4990"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Tron founder Justin Sun has escalated his accusations against Hong Kong’s First Digital Trust (FDT), alleging not only unauthorized overseas transfers of TUSD reserves but also the fabrication of transaction documents to conceal the activity. Sun called for intervention from Hong Kong regulators, warning that such incidents expose vulnerabilities in the city’s oversight of trust and company service providers—potentially undermining Hong Kong’s forthcoming stablecoin licensing regime. In response, FDT has sought an injunction to prevent Sun from making further public statements, accusing him of defamation.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="fb2c4f52-e600-492b-8c06-66cc917e6762"><div class="bn-block" data-node-type="blockContainer" data-id="fb2c4f52-e600-492b-8c06-66cc917e6762"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>Optimism Refocuses After Overexpansion</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="cfc56c9a-3136-4cb9-8ce6-11661c3cabae"><div class="bn-block" data-node-type="blockContainer" data-id="cfc56c9a-3136-4cb9-8ce6-11661c3cabae"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Jing Wang, co-founder of Optimism, admitted that the project previously over-hired and lacked a clear strategic direction. The team is now restructuring with a renewed focus on enterprise-grade blockchain infrastructure. Wang highlighted Optimism’s OP Stack and its multi-chain scalability expertise as key differentiators in a crowded blockchain landscape, suggesting that renewed discipline and focus could help the platform regain its competitive edge.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="61dfa9a0-b4ab-4c13-a2a9-39b10f8c2e1b"><div class="bn-block" data-node-type="blockContainer" data-id="61dfa9a0-b4ab-4c13-a2a9-39b10f8c2e1b"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><br><br class="ProseMirror-trailingBreak"></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="acc4d745-131e-4de6-82f6-790b21a4f24b"><div class="bn-block" data-node-type="blockContainer" data-id="acc4d745-131e-4de6-82f6-790b21a4f24b"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><br class="ProseMirror-trailingBreak"></p></div></div></div></div>

Crypto Market Holds Steady; Upbit Security Incident, BNC Boardroom Moves, and Stablecoin Oversight in Focus