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[UPBIT Discovers Internal Wallet Vulnerability That Could Infer Private Keys] Oh Kyung-seok, CEO of South Korean cryptocurrency exchange UPBIT, stated on Friday that during the investigation into the $30 million theft earlier this week, a serious security vulnerability was discovered in the internal wallet system. UPBIT indicated that this vulnerability could allow individuals analyzing UPBIT's on-chain wallet transactions to infer private keys. UPBIT did not directly link this vulnerability to the attack, stating that the issue was identified and resolved on November 27 during a comprehensive inspection following abnormal withdrawals from Solana-related wallets.

Bitcoin crept back toward $92,000 as markets slowly recovered from last week’s heavy sell-off, but mounting resistance threatens to keep the broader downtrend intact.

[Turkmenistan Passes Crypto Asset Regulation Bill, Effective Next January] Turkmenistan President Serdar Berdymukhamedov has signed a crypto asset regulation bill, which will take effect on January 1 next year. The bill includes a licensing system for cryptocurrency exchanges and crypto mining companies and clarifies the legal and economic status of virtual assets in terms of their creation, storage, issuance, use, and circulation within Turkmenistan. According to a government spokesperson, the bill aims to attract investment and promote digitalization.

Strategic Income Opportunities Portfolio expands its allocation to the iShares Bitcoin Trust amid rising institutional demand.