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Tokyo Exchange Operator Mulls Limits on Digital Asset Treasury Firms

Japan Exchange Group (JPX), the Tokyo Stock Exchange operator, is considering measures to restrict companies that accumulate digital tokens as treasury assets. This move comes amidst growing concerns over investor protection, especially in light of the volatility that comes with crypto assets. JPX is exploring stricter enforcement of listing rules and fresh audits for firms engaging heavily in cryptocurrency. Since September, JPX has warned several companies about restrictions on fundraising if they continue to pursue accumulating digital assets as a core strategy. Currently, there are 14 publicly listed bitcoin-holding companies in Japan, with one notable firm, Metaplanet, witnessing a dramatic 70% crash in its share price. This could reflect the risks involved with such treasuries and highlight the increasing scrutiny of companies participating in the digital asset space.

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Alleged POPCAT Manipulation Hits Hyperliquid with $4.9M Loss: Blockchain Analyst

Hyperliquid, a decentralized derivatives platform, experienced a significant loss of $4.9 million due to alleged manipulation of the POPCAT token. An attacker executed a scheme by withdrawing $3 million in USDC from the OKX exchange, spreading the funds across 19 wallets to establish a massive leveraged long position valued

Alleged POPCAT Manipulation Hits Hyperliquid with $4.9M Loss

Hyperliquid, a decentralized derivatives platform, faced a significant financial blow, suffering a loss of $4.9 million due to alleged manipulation of the POPCAT token. An attacker withdrew $3 million in USDC from the centralized exchange OKX, distributing it across 19 wallets to create a leveraged long position estimated between

Alleged POPCAT Manipulation Hits Hyperliquid with $4.9M Loss

Hyperliquid, a decentralized derivatives platform, incurred a $4.9 million loss as a result of alleged manipulation involving the POPCAT token. An attacker allegedly withdrew $3 million in USDC from the centralized exchange OKX and used it to inflate the price of POPCAT, subsequently creating a leveraged long position valued

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