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ZachXBT: Prominent Crypto KOL Fakes Investment Profit Screenshot

2025.11.08 14:56:11

On November 8th, the crypto detective ZachXBT put out a message indicating that the well-known crypto KOL Brandon Hong (@brandank_cr) had been previously discovered to have fabricated investment profit screenshots. It is rather confusing as to why so many people still have faith in him and are willing to pay to become members of his community.
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A South Korean trading platform triggered the KOSPI index sidecar mechanism, halting program trading for five minutes.

South Korean exchange platform KRX triggered the Sidecar mechanism amid KOSPI index volatility, suspending program trading for roughly five minutes. The Sidecar mechanism is primarily used to handle sharp short-term swings, restricting only program trading while manual trading remains fully operational. Unlike the Circuit Breaker mechanism, the Sidecar does not pause overall market trading; it is more widely regarded as a "speed bump" during periods of market volatility. In contrast, the Circuit Breaker is typically applied in extreme market conditions, halting all market trading when triggered to prevent panic-driven volatility from escalating further.

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