Bitcoin Rise in BlackRock Hands as ETH Faces ETF Outflows
TL;DR BlackRock increases its Bitcoin holdings to 403,725 BTC, valued at $27.73 billion. Ethereum ETFs see net outflow of 2,917 ETH, reflecting a lack of interest in the…
Cryptocurrencies
Government Crypto Wallet Hacked: $20 Million Stolen
TL;DR A hacker compromised an address linked to the US government and stole $20 million in cryptocurrency. The stolen assets include USDC, USDT, aUSDC…
Ripple Strengthens Legal Defense with Form C Filing in Ongoing SEC Battle
TL;DR Ripple has filed Form C to appeal a portion of the 2023 court ruling. The SEC is not challenging whether XRP is considered…
BingX Resumes Operations After Cyberattack and Launches ‘ShieldX’ Security Initiative
TL;DR BingX has resumed operations after a cyberattack in September that resulted in the theft of over $43 million in cryptocurrencies. The platform has…
Ethereum Whale Sells 3,000 ETH: Is Another Price Drop Coming?
TL;DR An Ethereum ICO participant sold 3,000 ETH for $7.64 million. This investor’s previous sale in July caused the price of Ethereum to drop…
ZachXBT Uncovers Chinese Trader Laundering Millions for North Korea’s Lazarus Group
TL;DR ZachXBT accuses Yicong Wang of laundering millions in crypto assets stolen by the Lazarus group. Wang, a Chinese OTC trader, has been helping…
Metaplanet Raises $66 Million to Strengthen Its Bitcoin Investment
TL;DR Metaplanet Inc. has raised $66 million through a stock acquisition rights program with the participation of 13,774 shareholders. The company has taken an…
Buterin Slams Michael Saylor’s Bitcoin Custody Proposal as ‘Insane’
TL;DR Vitalik Buterin has strongly criticized Michael Saylor’s recent comments on Bitcoin custody. Saylor suggested that Bitcoin users should trust large banks, such as…
Bitcoin Spot ETF Outflows Begin After 7 Days of Gains, Led by ARKB
TL;DR US spot Bitcoin ETFs saw $79 million in outflows after seven days of net inflows. ARKB was the main driver of outflows, while…
Scroll (SCR) Experiences an 18.4% Drop After Its Launch
TL;DR Scroll has launched its governance token, SCR, initially at $1.40, but it fell to $1.14, marking a decrease of 18.4% and a market…
Metaplanet Secures $67 Million to Expand Bitcoin Holdings
TL;DR Metaplanet raised 10 billion yen through a stock sale. The company continues to expand its Bitcoin reserves, accumulating more than 850 BTC since…