BullishBlockchainer

Thai Court Issues 2-Year Prison Sentence in High-Profile Crypto Case
A Thai court has handed down a two-year prison sentence following fraud charges in a significant legal proceeding. The case, involving Jakkaphong Jakrajutatip, draws attention to enforcement actions within the digital assets sector and raises questions about compliance standards in emerging markets.
This ruling underscores the ongoing regulatory scrutiny facing industry figures and serves as a reminder of the legal risks associated with fraud allegations. Such cases highlight the importance of transparency, proper business pr

Flow Blockchain Faces Critical Security Breach
Flow blockchain experienced a significant security incident that came to light on December 27, 2025, with fallout continuing through December 28.
What Happened
An exploit targeting Flow's execution layer was successfully executed by an attacker, resulting in substantial asset drainage. The vulnerability in the core execution infrastructure exposed critical weaknesses in the blockchain's security architecture.
Implications
The incident highlights ongoing challenges in blockchain security, even for established platforms. The attack's success on the

The Phantom wallet has recently attracted attention on social media platforms, with some users reporting that they are afraid to open their wallets after noticing abnormal changes, worried about potential security issues. If you encounter a similar situation, it's best to stay calm first. You can try the following troubleshooting methods: check official notifications and community updates to see if there are any known system issues; verify your assets by restoring your mnemonic phrase to a new device without connecting to the internet; observe transaction records to confirm if there are any un

Any updates on when Pump's airdrop is dropping? The community's been pretty curious about the timeline and distribution details. Wondering if there's a concrete date or if we're still waiting for an official announcement.

The core team of the cross-chain bridging protocol deBridge recently raised a noteworthy concern. When the Flow chain decided to execute a blockchain rollback, there was no prior sufficient communication with key ecosystem parties such as bridging providers and exchanges. Such unilateral decision-making could pose systemic risks more severe than the original vulnerability—deBridge, as one of Flow's main cross-chain bridges, was already at a final state when notified.
The chain reaction caused by the rollback should not be underestimated. Assets of cross-chain users may face duplication issues,

South Korea's major financial player Mirae Asset Group is making moves in crypto. They're in acquisition talks with Korbit, the nation's fourth-largest exchange. An MOU has already been signed between Mirae Asset Consulting and key shareholders. Here's the ownership breakdown: NXC and its subsidiaries currently control roughly 60.5% of Korbit, while SK Square holds around 31.5%. This deal could reshape the Korean exchange landscape if it goes through. Worth watching how this plays out.

Looks like the Elsa AI campaign timing might be shifting. According to the latest update, epoch 2 won't conclude or distribute rewards until after the TGE drops. So here's the thing—rewards are coming, but the actual distribution gets pushed back until after token generation. This could be a signal that the campaign structure is wrapping up or transitioning into the main token phase. Worth watching if you're tracking the project's tokenomics roadmap.

Trust Wallet has initiated a compensation program for users affected by the $7 million browser extension security breach. The vulnerability exposed user funds through compromised browser extension infrastructure. Affected users can now access the claims process to recover losses from this incident. This development marks an important step in addressing the vulnerability that impacted the ecosystem. Users should verify their eligibility and submit claims through the official recovery portal. The incident underscores the ongoing security challenges facing cryptocurrency wallet providers and the

Breaking News 🚨 Silver just rocketed into the top 3 by market cap! This is a significant shift in the asset ranking landscape. The precious metals market is making waves, positioning silver as one of the most valuable assets globally. Worth keeping an eye on how this impacts portfolio strategies and broader market dynamics.

Flow Foundation disclosed a security incident occurring on December 27th, where attackers discovered and exploited a vulnerability in the network's execution layer. The breach resulted in approximately $3.9 million being transferred off-chain before the validator network intervened and halted operations to contain the damage. Despite the incident's severity, the foundation emphasized that user account balances were not compromised—all customer deposits remain fully secured and intact. The swift action by validators in shutting down operations prevented further unauthorized asset movements.

A major gaming publisher just experienced one of the industry's most significant security incidents. Attackers exploited a vulnerability by flooding the platform with in-game currency worth billions—a classic misdirection tactic. While users were distracted by the influx of digital assets, the real damage occurred behind the scenes: hackers successfully exfiltrated source code repositories spanning nearly the entire game catalog. This incident serves as a stark reminder of how sophisticated social engineering can mask deeper infrastructure breaches. For crypto and blockchain communities, it un

A major move by a certain DEX has just been implemented. According to monitoring data, around 4:30 AM today, the DEX treasury completed the destruction of 100 million platform tokens, worth approximately $596 million USD. This is not a spur-of-the-moment decision — the community had previously voted to approve a fee destruction proposal. In other words, from now on, all types of fees collected by this DEX will flow into a destruction mechanism, which is considered a long-term token value support strategy. Such destruction actions are usually seen as positive signals in the market, directly red

A major cryptocurrency exchange has disclosed that authorities arrested a former customer support representative based in India following a significant security breach incident. The case highlights ongoing concerns about insider threats within the crypto industry, particularly vulnerability through customer-facing staff who may have access to sensitive user data and account information. Such incidents underscore the critical importance of robust internal security protocols, employee vetting procedures, and access control measures that platforms must implement to protect user assets and persona

The recent Trust Wallet security incident sparked significant industry conversation around strengthening collective defense mechanisms against sophisticated scams. Security experts and key figures in the crypto space have been weighing in on what went wrong and how the broader ecosystem can fortify its defenses. The incident highlights a critical gap—individual wallet security protocols alone aren't enough. What's needed is coordinated, industry-wide standards and best practices that make it harder for attackers to exploit common vulnerabilities. This isn't just about one platform; it's about

I've really been having a tough time lately. Fortunately, I transferred out the extra BNB I had in my hands in time, or else the losses would have been even greater. Tonight, I lost 3.15 BNB and 2.5 SOL directly, as my wallet was hacked.
What’s even more heartbreaking is that recently, other Web3 projects have experienced hacker theft incidents, with user assets being directly emptied. Looking at these cases, we really need to stay vigilant—security awareness must never be relaxed. Don’t wait until you’re actually robbed to regret it. I recommend everyone regularly check wallet authorizations,

DeBot platform launches a rapid risk asset transfer solution. Affected users can now quickly transfer their crypto assets stored in risk wallets to secure wallet addresses, ensuring asset safety. The platform stated that after completing user statistics, affected users will be compensated according to the plan. This initiative aims to protect user assets and respond to market demand for wallet security management.

I once had an account imported from a DeFi robot that was still hacked. The person in charge of that robot kept urging me to switch to a new account, but honestly, this account was really precious to me, and I was reluctant to give it up. Fortunately, I had a preventive awareness in advance — I transferred out large holdings beforehand, and there weren't too many funds left in the account. This time, I only lost 17 B, which is an acceptable cost.
The lesson now is that I must change my wallet and start over. The coins in the account of a major exchange were also moved out together. This incide

Warning! The Debot project has encountered security issues, and user assets are rapidly flowing out. If you have holdings or liquidity on this platform, it is recommended to take immediate action—especially users with early wallet addresses. Do not hesitate; transfer your assets to a secure self-custody wallet as soon as possible. Such risk escalations usually indicate that the situation could worsen further, so don't wait.

A well-known Bot project recently encountered a security vulnerability, and the official team urgently transferred funds to a new wallet. Unfortunately, the private key of the old wallet has already fallen into the hands of hackers, and now assets are being looted from the old address every day. If you still have assets in the old wallet, you need to move them quickly, or you'll be at risk of being exploited.
The bear market days are really tough. Every time you open the news, there are three recurring stories: another exchange has collapsed, a certain Bot tool has been hacked through and thro

My main wallet was hacked some time ago. Fortunately, I was on a break during that period and not active on the chain, and I didn't store too much funds in the account. I dodged a bullet.
Looking back now, it was probably due to a previous DeFi interaction or bot authorization issue. Funds were transferred to an address controlled by the hacker, which is hard to prevent.
I want to ask everyone, have you encountered similar situations? How did you handle them? Especially cases where the theft was through address authorization. It feels like this kind of risk is more covert, and many people don'