Nobitex hackers leak full source code after $100m crypto heist

South Korea's central bank is sounding the alarm about the risks of launching a won-pegged crypto stablecoin. The Bank of Korea (BOK) worries that instead of strengthening the local currency, it might accidentally drive more people to use US dollar-backed stablecoins like Tether or USDC. Governor Lee Chang-yong flagged potential headaches for monetary policy and foreign exchange control if this plays out.

Editor’s Note: Stablecoins are supposed to bring stability, but the BOK’s warning highlights how they could backfire in unexpected ways. If people start favoring dollar-linked stablecoins over a won-pegged one, it could weaken South Korea’s grip on its own financial system—something regulators definitely don’t want. This isn’t just a niche crypto issue; it’s about who controls the money flow in an increasingly digital economy.

Peter Schiff, a well-known Bitcoin skeptic and gold enthusiast, is once again taking shots at Bitcoin—this time by hyping up silver as a better investment. In a recent social media post, he argued that silver has more upside potential while Bitcoin continues to struggle.

Editor’s Note: Schiff’s comments add fuel to the ongoing debate between crypto supporters and traditional asset investors. With Bitcoin’s recent volatility, his push for silver highlights the divide between those who trust tangible commodities and those betting on digital currencies. It’s a reminder that the crypto market’s swings often spark strong reactions from critics and fans alike.

Semler Scientific, a medical tech company based in California, is making a bold move into Bitcoin. They’ve announced plans to amass a staggering 105,000 BTC by the end of 2027 as part of their revised treasury strategy. That’s a massive bet on crypto—especially for a firm outside the usual finance or tech circles.

Editor’s Note: This isn’t just another corporate Bitcoin play—it’s a sign of how mainstream crypto adoption is getting. A med tech firm diving headfirst into Bitcoin signals growing confidence in its long-term value, even amid market volatility. It could also spark more companies to follow suit, reshaping how businesses think about treasury reserves. Keep an eye on whether this becomes a trend or a cautionary tale.

Ethereum is heating up again, with big-money players and institutional investors quietly loading up on ETH. It's currently trading around $2,500—a solid 70% jump from its lowest point this year—and analysts are buzzing about a potential surge toward $5,000.

Editor’s Note: If you've been watching crypto, Ethereum's momentum isn't just retail hype—it's institutions doubling down. A push to $5k would signal major confidence in ETH's long-term role in decentralized finance and smart contracts, which could ripple across the entire crypto market. Keep an eye on this one.

Tether’s CEO, Paolo Ardoino, just dropped a big announcement: the company is rolling out a new password manager called PearPass. What makes it stand out? It’s server-free and open-source, meaning your passwords stay entirely on your device—no cloud storage vulnerable to hacks. This comes hot on the heels of a jaw-dropping 16 billion login credentials being exposed in a recent breach. Tether’s pitching PearPass as a safer alternative in a world where data leaks are way too common.

Editor’s Note: Password managers are nothing new, but one that cuts out servers entirely? That’s a game-changer. After years of mega-breaches (16 billion records is staggering), people are rightfully paranoid about where their logins live. If PearPass delivers on its promise, it could shift how we think about digital security—putting control back in users’ hands. And coming from Tether, a company deep in crypto and fintech, it’s a signal that even big players see the need for a privacy-first approach. Worth keeping an eye on.