Asian crypto exchanges tighten security as hacking surge spreads across the region

India's CERT-In warned that AI-assisted threat actor CRAFTY FALCON is targeting crypto exchanges and stealing wallet keys. South Korea urged exchanges to increase cold wallet holdings after the $6.3 billion Binance hack, while its central bank surveyed 31 financial institutions on crypto risk exposure. North Korea denied involvement in the Binance attack. Crypto.com will end its Hong Kong consumer app on February 1, 2027, and Thailand plans to block Bitget from December 5. Australia raised its interest rate to 4.85%, an 18-year high. Hong Kong expanded 24/7 tokenized settlement, and five Singapore banks launched a tokenization standards body.