Today in Crypto: Prepare for 'Pretty Long Crypto Winter', North Korea Stole $1.2B in Crypto in 5 Years, Malicious Hackers Returned $32.7M in 2022
Source: AdobeStock / Andriy Blokhin Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Market news Zhou Wei, the former chief financial officer of the Binance exchange and the CEO of the Coins.ph platform, said that the crypto market would remain depressed for a long time with more restrictive regulations coming following the collapse of FTX . “Basically, we have to all brace ourselves for a pretty long winter in the crypto world,” Zhou said to the South China Morning Post. “It’s going to push everyone into a deeper bear market.” Security news North Korean hackers have stolen an estimated ₩1.5 trillion won ($1.2 billion) in crypto and other virtual assets in the past five years, more than half of it this year alone, the Independent reported, citing South Korea’s spy agency. Experts and officials say No...