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VERIFIEDConfidence: HIGH
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Fact-check summary

Bloomberg, Reuters, Chainalysis reports, Yonhap, and official statements corroborate the APAC crypto index rankings, Bitget's ~$351M breach, Binance-Circle deal, BOK pilot, and Hana Bank bond.

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via CoinTelegraph

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Home/Markets/APAC leads crypto adoption as Bitget confirms $351M breach
VERIFIEDBy Xavier Rivera· ·1.5 min read

APAC leads crypto adoption as Bitget confirms $351M breach

APAC nations hold nine of the top 20 spots in the 2026 crypto adoption ranking while Bitget reports a $351 million breach. Regional banks are also testing 24-hour settlement and blockchain bond issuance.

Source:CoinTelegraph
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APAC leads crypto adoption as Bitget confirms $351M breach
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TL;DRAI · 60 sec read

APAC leads crypto adoption as nine countries rank in the top 20 of Chainalysis’s 2026 Global Crypto Adoption Index, including Japan at number four. Bitget confirms $351 million in unauthorized transfers from hot and warm wallets. Cold storage stays secure and the loss falls inside its protection fund. Cross-border stablecoin transfers drive regional growth.

Asian markets dominate the latest Global Crypto Adoption Index while a major exchange reports a large security incident and regional banks advance blockchain pilots.

Nine APAC countries rank in the top 20 of Chainalysis’s 2026 Global Crypto Adoption Index. Japan sits at number 4, followed by South Korea, India, Thailand, China, Indonesia, Australia, Vietnam and the Philippines. Cross-border stablecoin transfers are cited as a key growth driver in the region. Source: Cointelegraph ↗
Nine APAC countries rank in the top 20 of Chainalysis’s 2026 Global Crypto Adoption Index.

Bitget confirms unauthorized transfers of roughly $351 million and suspends withdrawals. CEO Gracy Chen said the breach was limited to hot and warm wallet layers while cold storage stayed secure. The exchange flagged the addresses and contacted law enforcement; the loss falls within its $464 million User Protection Fund. Source: Cointelegraph ↗
POST FROM @GracyBitget· Official statement from Bitget CEO Gracy Chen on the $351.6M hot wallet breach referenced directly in the article
https://x.com/GracyBitget/status/2103235655879074084

Binance invests $100 million in Circle under a new five-year USDC agreement. Circle will pay Binance a monthly incentive fee tied to USDC balances held in its Modular Smart Contract Wallet. Binance also committed to additional platform promotion of the stablecoin. Source: Cointelegraph ↗
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Bank of Korea begins 24-hour won settlement pilot for foreign investors. The trial launched Monday with KB Kookmin, Woori, Hana and Shinhan banks. Full operations are scheduled for January 2027 and will exclude weekends and public holidays. Source: Cointelegraph ↗
Bitget confirms unauthorized transfers of roughly $351 million and suspends withdrawals.
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Hana Bank issues a $100 million five-year digital bond on Euroclear’s blockchain platform. The transaction uses the platform for bond allocation. No further issuance details were provided in the report. Source: Cointelegraph ↗
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