South Korea's Financial Services Commission has urgently convened local crypto trading platforms, requiring them to strengthen defenses against hacker attacks and enhance user asset protection.

According to TradingBeats monitoring, the MINIMAX contract is currently trading at $22.36, up around 10.9% in the past 24 hours. On-chain, three large holders (each holding over $100,000) collectively hold approximately $516,700 in positions, with a weighted average entry price of $22.80, resulting in a total unrealized loss of roughly $10,000. Two of the holders are in unrealized profit, while one remains in unrealized loss; some low-cost long positions have started turning profitable. The address starting with 0xfd42 holds a $180,000 long position at an entry price of $21.18, with an unrealized profit of about $9,489. The largest long holder, address 0xf777, holds a $181,300 long position at an entry price of $21.60, and has turned a prior loss into a profit of around $6,210. Another long holder, address 0xd33c, has an entry price as high as $26.06, with remaining long positions valued at $155,400. This address began reducing positions to cut losses this morning, realizing a liquidation loss of approximately $6,074. On the news front, MiniMax announced this morning further progress on community quantification and local deployment adaptation for M3.1 Flash, including reducing the operating memory threshold and expanding hardware support.

According to Solana’s official GitHub page, the Solana Foundation has merged the SIMD-0567 proposal into its main branch. The proposal aims to replace the existing Associated Token Account (ATA) program with an optimized version called p-ATA, built on Pinocchio, to reduce compute unit (CU) consumption and boost execution efficiency. Per the proposal, p-ATA uses a no-standard-library design, avoids heap memory allocation, parses instruction and account data via zero-copy, and minimizes dependencies. Developers’ prior benchmark tests show p-ATA cuts transaction execution time by roughly 35% compared to the legacy program. When a Rent Sysvar account is provided, CU consumption drops further, though actual execution time rises slightly, with transaction-level latency remaining around 1%. The proposal went through multiple rounds of technical review, and was officially merged 17 hours ago after completing formal verification of the new program, updating the program’s binary hash, and finalizing the migration process. It’s important to note that merging the proposal does not equate to a mainnet program replacement; the new program still needs to be deployed in line with the established migration workflow.

According to HTX market data, THORChain’s native token RUNE plummeted around 20% in the past 24 hours, briefly falling below $0.5. Notably, during the earlier Bitget hack incident, massive funds flowed through THORChain’s cross-chain swaps, driving a sharp surge in trading volume and fees. The market viewed this as a positive for the protocol’s revenue, leading to a corresponding rally in RUNE. This latest decline stems from heightened regulatory and security risks, as the market worries whether THORChain can uphold its permissionless model while resolving the conflict between security and regulation. On-chain data shows that after the recent Binance hack, hackers deposited approximately 185.1 million TRX and 3.83 million USDT via THORChain, totaling around 2,697 transactions. They netted roughly $48.3 million in swaps through THORChain, with actual proceeds of about $42.7 million—around $5.7 million lost to fees and slippage. Additionally, the FBI, U.S. Secret Service, and IRS Criminal Investigation (IRS-CI) jointly requested THORNode, RPC nodes, and DeFi service providers to block fund flows linked to North Korean hackers. THORChain co-founder Chad Barraford stated that node operators have no more information than the general public and made no explicit commitment to proactively block addresses. Another co-founder, JP Thor, publicly opposed cooperating with freezing efforts, arguing that the protocol should adhere to decentralization and permissionless principles.

According to Bitget market data, South Korea’s KOSPI index has continued to rally, with its intraday gain expanding to 3%. SK Hynix rose more than 5%, and Samsung Electronics gained 2.9%.

According to EmberCN’s monitoring, the hacker who stole approximately $22 million in assets from the Pando Rings project four years ago spent 16.98 million DAI to buy 7,548 ETH on the dip, with an average purchase price of around $2,249, after the Binance attack three days ago triggered a market downturn. About two hours ago, the hacker transferred 4,000 of these ETH (valued at roughly $9.22 million) via Tornado Cash.

According to TradingBeats monitoring, the UNITREE contract from Unitree saw a rapid V-shaped reversal today. At 9 AM this morning, its price plummeted from $95.762 to $85, a drop of roughly 11.24%. The price then rebounded continuously, recouping all losses from the earlier decline after 11 AM, hitting a high of $97.747 – a roughly 15% rise from the low point. As of press time, the mark price stands at around $97.18. During the price rebound, the funding rate turned negative rapidly. UNITREE’s hourly funding rate was still +0.000625% at the 10:00 settlement, shifted to -0.07247% at 11:00, and further fell to -0.16303% at 12:00. Amid the rebound, an address starting with 0x1770 that opened a new short position was liquidated: 1,751.8 UNITREE were forcibly closed at an average price of ~$91.47, totaling about $160,200 in value and resulting in a loss of roughly $7,838.51. The account subsequently resumed trading and now holds a small long position in UNITREE. In the same period, UNITREE’s 24-hour trading volume is approximately $25.59 million, while the notional value of its open interest stands at around $29.27 million.