$7M Crypto Hack; Kalshi+BNB; "Bitcoin's Fundamentals Still Strong"
Description
Crypto markets closed the year at a crossroads, balancing security challenges, infrastructure expansion, and long-term conviction. Trust Wallet moved quickly to contain a $7 million breach tied to a compromised browser extension, pledging full reimbursement as scrutiny intensifies around wallet security. At the same time, prediction market platform Kalshi, co-founded by Lebanese Tarek Mansour, expanded its onchain footprint by integrating BNB Smart Chain, opening new liquidity pathways for users globally. Meanwhile, Strategy CEO Phong Le argued that Bitcoin’s fundamentals remain stronger than ever despite a late-2025 price slump, pointing to growing institutional and government alignment as a long-term tailwind for the asset.
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