Three months after one of the largest crypto thefts on record, blockchain data shows that almost half of the $1.4 billion stolen from Bybit has gone dark. Data from cryptocurrency exchange Bybit reveals $644 million in stolen funds — nearly half of the exchange’s massive $1.4 billion theft — has vanished from public tracking after…
Key Takeaways Strategy purchased 4,020 Bitcoin for $427 million, increasing its holdings to over 580,000 BTC. The company faces a class action lawsuit alleging misleading statements about Bitcoin strategy. Share this article Michael Saylor’s Strategy disclosed Monday that it acquired 4,020 Bitcoin between May 19 and 25 for approximately $427 million, seizing the recent price…
Quantum computing has been one of those futuristic ideas people love to talk about but often file under “we’ll deal with that later.” Well, “later” might be showing up a little sooner than expected. The idea that quantum computing Bitcoin attacks could happen in the next decade is making some in crypto rethink security. A…
The crypto market is bracing for what some are calling a “generational altcoin opportunity,” with key on-chain signals and shifting capital flow hinting at an altseason around the corner. At the forefront of this call is pseudonymous analyst Rekt Fencer, who recently outlined several tokens he claims are primed for explosive gains of between 50x…
Once a top protocol on BNB Chain, Alpaca Finance will discontinue leveraged yield farming, stablecoin services, and its perpetual exchange by December. Alpaca Finance, a decentralized finance project known for leveraged yield farming on BNB Chain, is shutting down after four years — and while the team says it’s the “most responsible” move for the…
Key Takeaways Hackers compromised Migos’ Instagram to expose Solana co-founder Raj Gokal’s personal data. A 40 Bitcoin ransom was demanded by the attackers who threatened Gokal after the breach. Share this article The official Instagram account of the famous hip-hop group Migos was apparently hacked on Monday, with the page briefly turning into a leaked…
Donald Trump has never been one to shy away from big moves, but his latest crypto play is raising more than a few eyebrows. His media company, Trump Media & Technology Group (TMTG), is reportedly trying to raise $3 billion to invest in Bitcoin and possibly launch a crypto ETF. The Trump $3 billion plan…
A prominent Bitcoin supporter spearheads funding for a Swedish company’s BTC acquisition plans. Meanwhile, Coinbase faces escalating legal troubles after disclosing a significant breach and regulatory fallout. In other news, a Manhattan crypto investor is arrested in connection with a violent Bitcoin-related kidnapping. More details on these stories ahead. Adam Back Joins Investors in $2.2M…
Bitcoin’s trading session on May 26 was quiet as the Dow and all other U.S. indices closed to observe Memorial Day. Bitcoin (BTC) ended the U.S. trading session virtually where it began despite some intra-day swings. The leading cryptocurrency by market cap pushed above the $110,000 mark around midday, but the gains were erased by…
Key Takeaways Trump Media plans to raise $3 billion to acquire crypto assets. The capital raise includes $2 billion in equity and $1 billion through a convertible bond. Share this article Trump Media and Technology Group (TMTG), which runs Truth Social, is seeking to raise $3 billion for crypto asset acquisitions, the Financial Times reported…
