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Bitcoin Surges Past $88,000, 24-hour Gain 0.8%

2 hours ago

On December 26th, per HTX market data, Bitcoin has broken through $88,000 and is currently trading at $88,425—up 0.8% over the past 24 hours.
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SlowMist Reminder: When using a wallet at risk of being hacked, please make sure to disconnect from the internet before exporting the mnemonic phrase to transfer your assets.

December 26 – The Chief Information Security Officer (CISO) of SlowMist Technology shared on social media: - Users who’ve been consistently using a compromised version of the wallet must disconnect from the internet first, then export their mnemonic phrase to transfer assets. Opening the wallet online without this step risks compromise. - For wallets where the mnemonic phrase has already been backed up, transfer assets first before upgrading the wallet.

4 minutes ago

A Whale's BTC Short Position Leads to the Largest Single Liquidation Across the Network, Resulting in Over $17.6 Million in Total Settlement

December 26th — Per monitoring from HyperInsight (Telegram: https://t.me/HyperInsight) and Coinglass, a short-term 3% surge in BTC’s price has triggered notable liquidations across the network. The largest single liquidation in the past 24 hours hit $14.14 million, tied to a BTC long position from a Hyperliquid address starting with 0xa8e. Over the past hour, that same address’s 40x-leveraged BTC long position saw two large liquidations totaling roughly $17.63 million — with the biggest involving 160 BTC (equivalent to ~$14.14 million). Following full liquidation of the position, the address quickly opened a 40x-leveraged BTC short position: ~$7.1 million in size, entry price $88,040, liquidation price $89,820.

4 minutes ago

CZ: Trust Wallet Will Fully Cover Losses from Hack, User Funds Secure

On December 26, Binance founder Changpeng Zhao (CZ) posted on social media, stating: “To date, the Trust Wallet hack has resulted in total losses of approximately $7 million. Trust Wallet will fully cover the associated losses, and user funds are secure. The team is still actively investigating how the hacker was able to successfully submit and release a new version of the browser extension.”

4 minutes ago

Binance Will Support FXS Share (FXS) Mainnet Upgrade and Rebranding to Frax (FRAX)

December 26 — Binance announced today it will support the mainnet swap and rebranding of FXS Share (FXS) to Frax (FRAX). Binance will suspend trading and delist all existing FXS spot trading pairs (FXS/USDT) on January 13, 2026, at 11:00 UTC+8 (Beijing time). All open orders will be automatically canceled. FRAX/USDT spot trading will launch on January 15, 2026, at 16:00 UTC+8 (Beijing time).

4 minutes ago

SlowMist CISO: Trust Wallet developer's device or code repository may have been compromised by an attacker and needs to be investigated promptly

On December 26, Slowmist Technology’s Chief Information Security Officer (CISO) 23pds took to social media to warn that attackers may have compromised devices belonging to Trust Wallet’s relevant developers or its code repositories—based on Slowmist’s analysis. The CISO advised users to disconnect from the network promptly and investigate the devices of the involved personnel. Separately, earlier reports citing PeckShield data note the Trust Wallet hacker has stolen over $6 million in cryptocurrency assets.

4 minutes ago

Flashloan: Trust Wallet Hacker Steals Over $6 Million in Crypto Assets, Transfers Over $4 Million to CEX

December 26: PeckShield monitoring reveals a hacker exploited Trust Wallet, stealing over $6 million in crypto from victims. As of now, approximately $2.8 million of the stolen funds remain in the hacker’s wallet (supporting Bitcoin, EVM chains and Solana). Over $4 million has been transferred to centralized exchanges (CEXs): roughly $3.3 million to ChangeNOW, $340,000 to FixedFloat, and $447,000 to Kucoin.

4 minutes ago

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