Here are some upcoming and recent crypto news highlights:
## Market Updates
- *WLFI Token*: The Trump family's World Liberty Financial token has seen significant growth, with its stake surging to $6 billion after a major token unlock. However, the token's price has slipped post-unlock.
- *Crypto Funds*: Crypto investment products attracted $2.5 billion in inflows despite sharp declines in Bitcoin and Ether prices.
- *Bitcoin*: Bitcoin's price has been volatile, briefly topping $113,000 before falling below $108,000.
## Regulatory Developments
- *South Korea*: South Korea has joined the UK, Germany, and Japan to crack down on offshore crypto evasion.
- *India*: India is set to introduce new crypto tax reporting rules under OECD's guidelines.
- *Hong Kong*: 77 firms are reportedly eyeing Hong Kong's new stablecoin licenses ¹.
## Partnerships and Collaborations
- *Chainlink*: Chainlink has partnered with the US Commerce Department to launch on-chain economic data.
- *Coincheck*: Coincheck Group has signed a stock purchase agreement to acquire Paris-based crypto prime brokerage Aplo SAS.
## Security Concerns
- *Crypto Thefts*: Crypto thefts rose to $163 million in August, with hackers shifting their strategy.
- *Venus Protocol*: A Venus Protocol user suffered a $13.5 million loss from a phishing attack.
- *Starknet*: Starknet suffered its second mainnet outage in two months, raising concerns about network reliability ².