COINTELEGRAPH · 2026-11-05 22:18 UTC

Asian crypto exchanges bunker down as hacks surge: Asia Express

India's CERT-In warned of AI-assisted hacker group 'CRAFTY FALCON' actively targeting crypto exchanges and financial firms, stealing wallet keys and funds using AI penetration-testing tools. South Korea's Financial Services Commission urged domestic exchanges to increase cold storage holdings after the $6.3 billion Binance hack, though most already exceed the 80% legal requirement. Crypto.com will discontinue its Hong Kong consumer app on Feb. 1, 2027, citing regulatory changes while pursuing institutional exchange approval.

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