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CryptoSlate

Stealing $1.5B in crypto is easy, cashing out is the trap

North Korean hackers stole around $1.5 billion from Bybit in February 2025. While the hack itself has been widely covered and analyzed, few have focused on what happened afterward and what became of the stolen funds. To move all that…

crypto.news

Hong Kong warns unlicensed payment platforms of enforcement

Hong Kong has warned that payment platforms operating without required licenses face enforcement action, after its monetary authority received 16 complaints about suspected unlicensed stored value services between January 2024 and September 2026. Hong Kong’s Financial Services and the Treasury…

crypto.news

China plans national blockchain network in digital push

China has called for a national blockchain network and an integrated computing power network in a policy document covering 19 measures to develop technology-led industries and connect the digital economy with real-world production. Xinhua News Agency published the opinion issued…

crypto.news

Papertrade plans 1000x leverage launch after $85.3m deposits

Papertrade has scheduled its HyperEVM perpetuals exchange to begin trading on Oct. 10 with up to 1000x leverage, after DefiLlama tracked about $85.3 million in deposits ahead of the opening. Papertrade said its website would open trading at 10 a.m.…