Plain Language Blockchain Morning Report: North Korean hackers stole $2.02 billion in cryptocurrency in 2025, setting a new record

  1. North Korean hackers stole $2.02 billion in cryptocurrency in 2025, setting a new record;

  2. NYSE parent company ICE is in talks to invest in crypto payment company MoonPay, with a target valuation of approximately $5 billion;

  3. The crypto market was hit again overnight, with Bitcoin falling below $85,000, and the total crypto market cap slipping below $3 trillion;

  4. Citigroup increases bets on Federal Reserve rate cuts: expects the Fed to cut rates three times next year;

  5. US core CPI unexpectedly slowed to its lowest level since 2021;

  6. US SEC issues guidelines on broker-dealer crypto asset custody and crypto ATS operations;

  7. David Sacks: The Crypto Market Structure Act, the “CLARITY Act,” is scheduled for review and revision by the Senate in January next year;

  8. Digital bank SoFi launches USD stablecoin SoFiUSD, planning to open it to members later.

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