Japan Plans 2027 Crypto Reclassification; Resolv Labs Hit for $25M; 120B SHIB Leaves Exchanges

Japan’s Financial Services Agency is considering moving XRP, BTC and 104 other crypto assets under "financial instruments" rules by 2027, while an influencer warned the change is only proposed and not in force yet. Separately, Resolv Labs reported a $25 million exploit tied to a 200,000 USDC trade that drove USR about 80% off its peg, as roughly 120 billion SHIB moved off centralized exchanges amid a 111% jump in $100K+ holder activity.