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No migrants have been detected crossing the English Channel in the past 25 days – the longest break since February 2020.

Home Office figures show that the last boat to arrive on British shores was a single vessel carrying 55 people on 16 December.

The day before, seven boats with a total of 292 migrants were found.

By this time last year, 44 migrants on small boats had already been detected. The gap marks the longest break in arrivals since a period spanning February and March 2020.

The pause in attempts to cross to British shores comes as cold and snowy weather has battered many parts of the UK.

Storm Henk, which arrived on 2 January, saw 94mph winds pummel South Wales and southern areas of England.

Amid the adverse weather, Condor Ferries – which operates between Poole, Portsmouth, the Channel Islands and France – cancelled services, while ferry company DFDS called off some Dover-Calais and Dover-Dunkirk sailings.

More on Migrant Crossings

Storm Henk’s arrival came less than a week after Storm Gerrit, which forced Condor to cancel all passenger sailings for three days.

The 25-day period of no small boats includes Christmas 2023 – which was the first without any migrant crossings in five years.

Prime Minister Rishi Sunak has made stopping the boats a priority, but he was dealt a blow last week when leaked figures revealed the number of migrants crossing the Channel could rise to 35,000 this year.

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Prime Minister Rishi Sunak during a press conference in the Downing Street Briefing Room, London, as he gives an update on the plan to "stop the boats" and illegal migration. Picture date: Thursday December 7, 2023. PA Photo. See PA story POLITICS Migrants. Photo credit should read: James Manning/PA Wire
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Sunak has put stopping migrant crossings at the top of his to-do list

The leaked Border Force documents revealed that 35,000 crossings is the medium-case scenario considered most likely, while the highest projection is 50,000.

A source close to James Cleverly, the home secretary, tried to downplay the projections.

This leak was swiftly followed by the release of a French report that claimed the UK isn’t cooperating with efforts to stop the boats.

The document, published by the French Court of Accounts, said “that the British don’t provide usable information on the departures of small boats, and give very general, first-level information that has not been counter-checked”.

The Home Office claimed the report “is based on out-of-date information and does not accurately reflect our current working relationship” with France.

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Upbit operator Dunamu posts $165M in profit in Q3, up over 300% YoY

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Upbit operator Dunamu posts 5M in profit in Q3, up over 300% YoY

Upbit operator Dunamu reported a surge in profitability for the third quarter of the year, posting 239 billion won ($165 million) in net income.

The figure marks an increase of more than 300% compared to the same period last year, which stood at $40 million, local news outlet Chosun Biz reported, citing regulatory filings with the Financial Supervisory Service.

The filing reportedly showed strong momentum across all key metrics. Consolidated revenue climbed to $266 million, up 35% from the previous quarter, while operating profit rose 54% to $162 million. Net income also jumped 145% quarter-over-quarter from $67 million.

The company attributed its improved performance to rising trading activity as global digital asset markets rebounded through 2024 and 2025.

Related: South Korea’s bank-first stablecoin approach lacks logic, says Kaia chair

Dunamu credits US crypto bills for boost

Dunamu said investor confidence received a boost following regulatory developments in the United States, including the passage of the Genius Act, the Clarity Act and the Anti-CBDC Bill. These measures, the company said, contributed to renewed institutional participation and steadier market conditions.

Dunamu has faced heightened reporting requirements since 2022, when it was added to the list of corporations subject to external audit due to having more than 500 shareholders.

Notably, several major crypto firms experienced a revenue increase last quarter. Bitcoin mining company TeraWulf and Singapore-based cloud Bitcoin miner BitFuFu doubled their third-quarter revenue from the previous year.

Related: South Korea ramps up crypto seizures, will target cold wallets

Naver Financial to acquire Dunamu

As Cointelegraph reported, Naver Financial, the fintech arm of South Korea’s largest internet company, is preparing to acquire Dunamu. Naver reportedly plans to bring Dunamu in as a subsidiary through a share swap, with board approvals expected soon.