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The Thai SEC has filed a criminal lawsuit against Bitkub, accusing it of concealing a hacker attack of approximately 50 million dollars in 2021

According to Cointelegraph, the Securities and Exchange Commission (SEC) of Thailand has filed a criminal complaint against the digital asset exchange Bitkub Online and two former directors, Sakolkorn Sakavee and Thaweesap Rawan, accusing them of involvement in false reports related to a cyber attack in 2021.The SEC stated that a cyber attack in May 2021 resulted in the theft of 16 digital assets from Bitkub, valued at approximately 1.7 billion Thai Baht, or about 50 million USD. The regulatory agency claimed that Bitkub subsequently replenished the stolen assets before October 31, 2021, but the daily net capital flow reports submitted from May 10 to October 30, 2021, did not accurately reflect the reduction in assets.Bitkub stated on the X platform that the case stems from disclosure decisions made after the cyber attack in May 2021 and is not an act of fraud. The exchange claimed that the delay in disclosing the compromised wallet was to avoid a bank run, and the co-founder subsequently purchased an equivalent amount of digital assets to cover the stolen funds, with no financial losses incurred by the company or its clients. Bitkub was established in 2018 and is one of Thailand's major cryptocurrency exchanges. Bitkub's parent company is considering a potential initial public offering, including the possibility of listing in Hong Kong.

Gate US announced that Gate AI has partnered with Alpaca, focusing on Agentic Trading to explore the integration of AI infrastructure and trading infrastructure

Gate US officially announced that Gate AI and Alpaca will collaborate on the development vision of Agentic Trading, promoting the integration of AI infrastructure and trading system capabilities to provide underlying support for the next generation of intelligent trading applications.Alpaca has built a trading API that is developer and AI Agent friendly, with its community continuously transforming trading ideas into actual projects, covering research processes, simulated trading systems, and Agentic workflows that connect market data, analysis, and execution logic. Gate AI focuses on building an infrastructure layer for AI Agents and developers, where the GateRouter unified API helps developers quickly access over 25 mainstream AI models and balances cost and performance through intelligent routing.Both Gate AI and Alpaca agree that AI trading Agent developers should not have to choose between high-quality trading execution infrastructure and AI infrastructure, but should be able to obtain support for both in a smoother manner. Next, Gate AI will explore how its model routing and Agent infrastructure can connect to trading workflows built on APIs like Alpaca, supporting developers in integrating market data, AI reasoning, and trading execution into Agentic systems.Gate AI and Alpaca also plan to promote knowledge sharing and best practice exchanges between their developer communities, continuously lowering the development threshold and complexity of AI-native trading applications. Gate AI and Alpaca will continue to explore collaborative efforts around the construction of the Agentic Trading ecosystem, providing foundational support for developers to build more efficient and scalable next-generation intelligent trading applications.

The giant whale "sets 10 major goals": Bitcoin may challenge $100,000 again around March next year

The "Whale" stated in its post "Set 10 Major Goals" that after closing short positions, it quickly re-established long positions because its long-term bullish view on Bitcoin has not changed. It believes that the important boundary of the last bull market was around $60,000, and the current mainstream mining cost of Bitcoin is concentrated between $50,000 and $60,000; after Bitcoin dipped to $58,000 last month, it quickly recovered, further validating the support capacity of that area.In the past month, Bitcoin has fully oscillated and exchanged hands in the range of $58,000 to $63,000, and after a pullback, it has re-stabilized around $66,000. In the absence of systemic risks or significant fundamental changes, the risk-reward ratio of continuing to short at the current position is not high, and the market may see a surge and break through $72,000; if the market structure does not change significantly, Bitcoin has a high probability of challenging $100,000 again around March next year. Currently, U.S. stocks, especially in the artificial intelligence sector, are overall valued at relatively high levels, and future volatility may significantly increase.The correlation between Bitcoin and U.S. stocks has significantly decreased compared to previous cycles, and Bitcoin is gradually emerging as an independent market. It has set a trading invalidation range for the current position; if the market falls back to $61,500 to $64,000, and the trend proves the judgment to be incorrect, it will immediately close positions to control losses. It emphasizes: "Views can change, but discipline cannot change." In addition, the latest publicly available data shows that the "Whale" has set its Binance contract real account "Jason leo133" position to private status.
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