{"id":18761,"date":"2025-12-28T07:18:01","date_gmt":"2025-12-28T07:18:01","guid":{"rendered":"https:\/\/bitunikey.com\/news\/trust-wallet-begins-hack-compensation-coinbase-arrests-former-agent-uniswap-activates-protocol-fees-weekly-recap\/"},"modified":"2025-12-28T07:18:11","modified_gmt":"2025-12-28T07:18:11","slug":"trust-wallet-begins-hack-compensation-coinbase-arrests-former-agent-uniswap-activates-protocol-fees-weekly-recap","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/trust-wallet-begins-hack-compensation-coinbase-arrests-former-agent-uniswap-activates-protocol-fees-weekly-recap\/","title":{"rendered":"Trust Wallet begins hack compensation, Coinbase arrests former agent, Uniswap activates protocol fees | Weekly Recap"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">In this week\u2019s edition of the weekly recap, Trust Wallet launched a formal compensation process following the hack, Indian authorities arrested a former Coinbase employee, and Uniswap\u2019s community voted overwhelmingly to activate protocol fees and token burns.<\/p>\n<div id=\"cn-block-summary-block_53689477031dab0265d7e82ee0fb84cc\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Trust Wallet opened a formal compensation process after malicious code hit its Chrome extension.<\/li>\n<li>Uniswap holders voted to activate protocol fees and burn UNI, reshaping the token\u2019s economics.<\/li>\n<li>Indian police arrested a former Coinbase agent tied to the exchange\u2019s earlier data breach.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\">Trust Wallet initiates breach victim compensation<\/h2>\n<ul class=\"wp-block-list\">\n<li>The cryptocurrency wallet provider announced Friday a formal claims process for users affected by malicious code discovered in version 2.68 of its Chrome browser extension two days earlier.<\/li>\n<li>Victims can submit compensation requests through an official support form providing email addresses, residence countries, compromised wallet addresses, attacker receiving addresses, and relevant transaction hashes.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Indian police apprehend Coinbase data breach suspect<\/h2>\n<ul class=\"wp-block-list\">\n<li>Law enforcement in Hyderabad arrested a former Coinbase customer service agent Thursday in connection with the exchange\u2019s May-disclosed data breach according to CEO Brian Armstrong.<\/li>\n<li>Armstrong stated on X that \u201cwe have zero tolerance for bad behavior\u201d and will continue collaborating with authorities, adding \u201canother one down and more still to come.\u201d<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Uniswap governance transforms tokenomics<\/h2>\n<ul class=\"wp-block-list\">\n<li>The \u201cUNIfication\u201d proposal from Uniswap Labs and Uniswap Foundation received overwhelming voter support to activate protocol fees and burn millions of UNI tokens.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Trump Media executes major Bitcoin transfers<\/h2>\n<ul class=\"wp-block-list\">\n<li>Trump Media and Technology Group <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/lookonchain\/status\/2003139328571265498\" target=\"_blank\" rel=\"nofollow\">moved<\/a> approximately 2,000 Bitcoin worth roughly $174 million through multiple wallet addresses one day after reportedly increasing holdings to 11,542 BTC.<\/li>\n<li>Blockchain data tracking revealed the transfers routed Bitcoin across numerous addresses, with approximately $12 million ultimately reaching Coinbase Prime Custody.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Polymarket attributes breaches to login provider<\/h2>\n<ul class=\"wp-block-list\">\n<li>The prediction market platform blamed an unidentified third-party login provider for recent account compromises affecting multiple users according to Discord channel confirmations.<\/li>\n<li>Social media posts on Reddit and X documented several users receiving unexpected login alerts before discovering their account balances had been completely drained.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Russia proposes tiered cryptocurrency trading framework<\/h2>\n<ul class=\"wp-block-list\">\n<li>The Bank of Russia unveiled a new regulatory structure allowing both qualified and non-qualified investors to trade cryptocurrencies under separate rule sets.<\/li>\n<li>The proposal classifies cryptocurrencies and stablecoins as foreign currency assets permissible for trading but prohibited from payment usage within Russia.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Bybit announces Japanese market withdrawal<\/h2>\n<ul class=\"wp-block-list\">\n<li>Bybit <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/announcements.bybit.com\/en\/article\/important-notice-for-japanese-residents-blt37f72d5facfe01a1\/\" target=\"_blank\" rel=\"nofollow\">announced<\/a> it will restrict services for Japanese residents next year to comply with the country\u2019s financial regulations.<\/li>\n<li>The company did not specify which particular services would be affected but stated impacted users will receive detailed communications as restrictions implement.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Coinbase acquires clearing company for prediction markets<\/h2>\n<ul class=\"wp-block-list\">\n<li>The cryptocurrency exchange entered an agreement to purchase The Clearing Company, advancing its event-based trading expansion as part of its \u201ceverything exchange\u201d strategic vision.<\/li>\n<li>The acquisition follows Coinbase\u2019s recent prediction market rollout last week.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Indian regulators approve Coinbase-CoinDCX investment<\/h2>\n<ul class=\"wp-block-list\">\n<li>The Competition Commission of India authorized Tuesday Coinbase Global\u2019s minority stake acquisition in local cryptocurrency exchange CoinDCX.<\/li>\n<li>The approval advances the U.S. firm\u2019s expansion efforts within India\u2019s digital asset market through strengthened partnership with one of the country\u2019s leading platforms.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Zhao outlines post-pardon strategic priorities<\/h2>\n<ul class=\"wp-block-list\">\n<li>Former Binance CEO Changpeng Zhao revealed his 2025 focus areas including BNB Chain development, stablecoin 2.0 initiatives, prediction markets, and AI agents following his presidential pardon.<\/li>\n<li>Four primary pillars structure his current activities: Giggle Academy educational platform, YZi Labs investments, BNB Chain ecosystem development, and direct policy advisory work with governments from Pakistan to the UAE.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Bitwise files Sui token ETF application<\/h2>\n<ul class=\"wp-block-list\">\n<li>The asset management firm submitted regulatory filings for a spot SUI exchange-traded fund utilizing Coinbase Custody services.<\/li>\n<\/ul><\/div>\n","protected":false},"excerpt":{"rendered":"<p>In this week\u2019s edition of the weekly recap, Trust Wallet launched a formal compensation process following the hack, Indian authorities arrested a former Coinbase employee, and Uniswap\u2019s community voted overwhelmingly&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11211,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-18761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=18761"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18761\/revisions"}],"predecessor-version":[{"id":18762,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18761\/revisions\/18762"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11211"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=18761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=18761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=18761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}