El Salvador’s Bitcoin Bet Yields $357M in Unrealized Profits
The Central American country, El Salvador, that President Nayib Bukele leads, has made a big profit of $357 million by investing in bitcoin. The country has spent $287.1 million to…
Metaplanet Buys 1004 Bitcoins, Topping $800M in Reserve.
Metaplanet Inc., the biggest corporate owner of Bitcoin in Asia, has added 1,004 more BTC to its accounts. The buying transaction was valued at 104 million dollars, and each Bitcoin…
US Bitcoin ETFs Snap Up 26700 BTC, Outpacing Miners Output
Throughout the first half of May, the U.S. BTC ETFs bought a total of nearly 26,700 BTC, while miners only added 7,200 new BTC to the market. The figures from…
Binance, Kraken Block Cyber Hack Attempts Successfully
Binance and Kraken prevented social engineering attacks. No customer data or funds were compromised.Exchanges reinforce trust through rapid response systems. In a world where cyberattacks are becoming increasingly sophisticated, Binance…
SEC X Account Hacker Sentenced to 14 Months for Fake Bitcoin ETF Tweet
Eric Council Jr. was sentenced to 14 months in prison for hacking the SEC’s X account. He used a SIM swap attack to gain access to the SEC’s mobile number.An…
You Only Need $8 Billion to 51% Attack Bitcoin: Fact Check
In a heated exchange on social media platform X, prominent Ethereum advocate and co-founder of Etherealize, Grant Hummer, claimed that Bitcoin’s security budget has reached a critical vulnerability. He suggested…
Bitstamp Secures MiCA License to Expand Crypto Services Across EU
The license approval follows the latest updates the exchange made to its stablecoin offerings to meet MiCA regulations.The European Union is said to be the Global hub for virtual asset…
Bitcoin Holds Strong Above $100K: Signs of Breakout Brewing as Bulls Eye $106K.
Bitcoin (BTC) has successfully held the $100K support for over a week, despite minor pullbacks.Bitcoin has been trading within a tight range of $101K to $104K, with $105K acting as…
Cointree Fined $75K for Reporting Lapses Late by AUSTRAC.
Cointree fined $75K for late suspicious activity reports.AUSTRAC says timely filing is critical to crime prevention.The crypto sector faces growing regulatory pressure in Australia. Melbourne-based cryptocurrency exchange Cointree has been…
Eric Trump Calls Bitcoin as Digital Gold at Consensus 2025
Eric Trump, son of U.S. President Donald Trump, got attention at CoinDesk’s Consensus 2025 in Toronto by saying that Bitcoin is like digital gold and can hold its value over…