[South Korea Proposes Fines of Up to 10% of Stolen Amount for Hacked Crypto Exchanges] The South Korean Financial Services Commission (FSC) has drafted a new bill proposing fines of up to 10% of the stolen assets for cryptocurrency exchanges that fall victim to hacking incidents. The draft comes in the context of the $36 million hacking incident involving Upbit in November 2025. If the new regulation had been in effect at the time, the fine would have reached $3.6 million, far exceeding the current cap of $456,000. The FSC emphasized that exchanges must meet IT security standards equivalent to those of traditional financial institutions. Additionally, another proposal suggests fines of up to 3% of annual revenue, potentially reaching as high as $36 million. The direction of related regulatory legislation is still under discussion.

Michael Saylor stated that the era of global digital currencies has arrived and explained why everyone should buy Bitcoin. （The Bitcoin Historian）

[The 172nd Ethereum Consensus Layer Developer Meeting Completes Multiple Discussions] The 172nd Ethereum Consensus Layer Core Developer Meeting (ACDC) discussed the following topics: BPO2 successfully activated, Blob Target increased to 14, Limit increased to 21; EIP-8070 (Sparse Blob Pool) confirmed for inclusion in Glamsterdam; Hegota headline proposal process has been initiated, with a deadline of February 5.

US President Trump has stated that the United States is obtaining billions of dollars worth of oil from Venezuela, and has stated that this amount could reach trillions of dollars. （Watcher.Guru）

[Iran Implements Nationwide Internet Shutdown Amid Anti-Government Protests, Internet Traffic Nearly Zero] Due to the escalating anti-government protests, Iranian authorities have implemented a nationwide internet shutdown. Data from Cloudflare shows that starting at 18:45 UTC (local time 22:15), internet traffic in Iran has almost completely dropped to zero. The protests were triggered by factors such as high inflation, currency devaluation, and livelihood pressures, and were further intensified by the exiled crown prince's call for large-scale demonstrations. NetBlocks described this shutdown as a 'nationwide digital blackout,' severely restricting the dissemination of protest-related footage. It remains unclear whether satellite internet services like SpaceX's Starlink are available in Iran.