Nigel Farage-backed Stack BTC bought $2.7 million of Bitcoin, deepening the Reform UK leader’s crypto ties as the UK moves to curb crypto donations. Stack BTC, an Aquis-listed Bitcoin treasury company chaired by former UK Chancellor Kwasi Kwarteng, purchased 2 million British pounds ($2.7 million) worth of Bitcoin on Monday, as Nigel Farage deepens his...Continue Reading
Michael Saylor’s Strategy acquired 13,927 Bitcoin for $1 billion last week, funding the purchase through STRC share sales, lifting the company’s holdings to 780,897 BTC. Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin (BTC), added a large haul of Bitcoin to its stash last week, edging toward 800,000 BTC in total holdings. Strategy...Continue Reading
StarkWare CEO Eli Ben-Sasson said the company will split into two units as it adopts a faster and leaner “startup mode.” Zero-knowledge scaling company StarkWare is cutting jobs and restructuring its operations as it shifts from infrastructure development toward revenue-generating products. CEO Eli Ben-Sasson said in internal remarks that the firm will split into two...Continue Reading
Crypto ETPs recorded $1.1 billion in inflows last week, led by Bitcoin and US spot ETFs, as easing US inflation data and geopolitical tensions supported demand. Cryptocurrency investment products clocked significant inflows last week, marking their strongest weekly gains since January. Global crypto exchange-traded products (ETPs) logged $1.1 billion in inflows last week, with Bitcoin...Continue Reading
South Korea’s FSS said API trading now makes up 30% of crypto turnover and warned it will crack down on abusive automated trading patterns, local media reported Monday. South Korea’s Financial Supervisory Service (FSS) said Monday that API-based trading now accounts for about 30% of crypto buy-and-sell turnover, warning that some traders are using automated...Continue Reading
Sun urged the Trump-linked WLFi platform to disclose who controls the multi-sig and smart contract behind the platform, days after its governance token hit a new low. Justin Sun, the co-founder of layer-1 blockchain network Tron, has urged the Trump-linked crypto platform World Liberty Financial to publicly disclose who controls the guardian Externally Owned Account...Continue Reading
A Hyperbridge exploit let an attacker mint 1 billion bridged Polkadot tokens on Ethereum and cash out about $237,000, reviving debate over bridge security. A hacker exploited the Polkadot-based cross-chain interoperability protocol Hyperbridge, netting about $237,000 and raising renewed security concerns about blockchain bridge infrastructure. An attacker minted 1 billion bridged Polkadot (DOT) tokens in...Continue Reading
Bitcoin preserved $70,000 at the weekly close as markets began reacting to a breakdown in US-Iran negotiations and blockade of the Strait of Hormuz. Bitcoin (BTC) starts the third week of April on a knife edge as the US-Iran war makes a comeback. A breakdown in US-Iran negotiations sends oil surging above $100 per barrel,...Continue Reading
Bithumb accidentally sent customers 620,000 Bitcoin instead of 620,000 Korean won in February. The Bank of Korea wants lawmakers to make it so it doesn’t happen again. South Korea’s central bank says crypto exchanges should have their own “circuit breakers” that halt trading to prevent a repeat of the market fallout after Bithumb mistakenly sent...Continue Reading
After the luncheon announcement on March 12, the TRUMP token spiked more than 50% to a peak of $4.35; however, it has dropped more than 33% to trade at $2.80 as of Monday. Crypto whales have continued to load up on the TRUMP memecoin ahead of the luncheon at US President Donald Trump’s Mar-a-Lago residence...Continue Reading
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