[South Korean Crypto Exchange Prabang Suspends 100 Million Won in Hack, Service Suspended] South Korean cryptocurrency exchange Prabang reported on October 26 that it had experienced an unauthorized external access incident. The exchange discovered abnormal withdrawals from its hot wallet on October 24, with initial estimates of losses at approximately 100 million won (about US$70,000). The exchange has suspended services and promised to fully compensate for the losses with company assets (Source: Yonhap News Agency).

Nscale founder and CEO Josh Payne stated that despite market skepticism, the company is proceeding with its planned IPO, targeting a $30 billion valuation. Nscale claims to have signed $103 billion in contracts, but as of August 2026, it has only delivered 55 megawatts of computing power, and projects face delays, security violations, and operational challenges. Microsoft has already withdrawn from one of its UK data center projects. (Source: Bloomberg)

[Aiden Pleterski's Case Enters Jury Deliberation After Closing Arguments] The criminal case against Canadian Aiden Pleterski, accused of a $30 million digital asset Ponzi scheme, has entered jury deliberation after closing arguments. Pleterski is accused of defrauding his social media followers between 2021 and 2022 and was charged with fraud in 2024. If convicted, he could face up to 14 years in prison. (Source: CBC)

[Hifi Finance Suffers DAO Governance Threat, $1 Million in Assets Transferred] DeFi protocol Hifi Finance suffered a DAO governance power grab. Attackers gained control through four votes funded by Tornado Cash, issued 25 million governance tokens, and transferred approximately $1 million in user-staking assets, most of which were RWA tokens.

Global stablecoin payment card spending reached $1.231 billion in September 2026, with cumulative spending in the third quarter reaching approximately $3.394 billion. RedotPay's spending in September was approximately $403 million, and its market share decreased from approximately 85% to approximately 33%. Stablecoin payment cards are highly dependent on traditional card organizations, with Visa processing the vast majority of transactions.