ImportantPANews
South Korea FIU Requests Blocking of Two Unreported Virtual Asset Operators
The Digital Asset Exchange Association (DAXA) of South Korea reported Eizis Ventures, TetherMax, and SuperTrust on suspicion of operating unreported virtual asset services in violation of the Act on Reporting and Using Specified Financial Transaction Information. The Korea Financial Intelligence Unit (FIU) subsequently requested the Korea Communications Standards Commission to block domestic access to TetherMax and SuperTrust; Eizis Ventures was not included in the blocking list as it does not operate an independent website or mobile application. Under current law, operating unreported virtual asset services is punishable by up to 5 years of imprisonment or a fine of up to 50 million Korean won; this provision also applies to overseas operators that provide services targeting South Korean users. Following this measure, the total number of unreported virtual asset operators referred to investigative authorities has risen to 47.
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Pundi X Labs: Approximately 3.75 Million PUNDIX in Binance Hacker Wallet Has Been Frozen
Pundi X Labs posted on the X platform confirming that PUNDIX assets are secure. Following the Binance hacking incident, Binance contacted Pundi X Labs to assist in freezing the stolen PUNDIX tokens. Pundi X Labs has frozen all 3,747,276 PUNDIX identified in the hacker's wallet, valued at approximately $365,513. No other known hacker wallets holding affected PUNDIX have been detected to date. Pundi X states it will continue to assist in protecting the broader crypto ecosystem.
Binance Investigation Update: Additional Intrusion Points Identified in Security Incident, Withdrawals Still Expected to Resume Within 45 Hours
Binance has released an investigation update stating that while initial probes suggested the security incident may have involved a compromised laptop, subsequent investigations have uncovered additional intrusion points. This is a sophisticated attack, and Binance is coordinating with law enforcement authorities to resolve the issue, while continuing to gather facts and will share further updates directly. Binance confirms that all losses will be fully covered by its SAFU Fund and corporate capital, and user funds remain secure. Binance notes that withdrawal services are still on track to resume within 45 hours, with deposit services unaffected. Capital outflows that occurred following the earlier withdrawal suspension have ceased. Binance is working with partners to freeze a large volume of affected assets, with approximately $3 billion already frozen to date, and will continue to release further updates via official channels.