The biggest Bitcoin treasury company’s data shows holdings are profitable, having gained about 3.3% amid Bitcoin’s rally to about $78,000. Michael Saylor, the co-founder of Strategy, the largest Bitcoin treasury company, as measured by total BTC holdings, signaled that the company will be boosting those holdings in the coming days. Saylor shared a chart of...Continue Reading
Valid transactions that occurred during the affected blocks were not impacted and remain on the main chain, the Litecoin development team said. Litecoin, a layer-1 proof-of-work (PoW) blockchain network, was hit by a “zero-day” vulnerability on Saturday, which caused a 13-block reorganization of the chain, according to the Litecoin team, while other developers say the...Continue Reading
More than a third of US crypto traders report cutting daily expenses and delaying major purchases as unrealized losses weigh on household finances. The recent crypto market downturn has forced more than one in three crypto traders to cut everyday spending, according to a new survey by CEX.IO. The survey, conducted among 1,100 US-based active...Continue Reading
The Ethereum Foundation unstaked over 17,000 ETH worth $40M shortly after approaching its 70,000 ETH staking target. The Ethereum Foundation has moved to unwind part of its staking position shortly after nearing its stated goal of 70,000 staked ETH. On Saturday, the Ethereum Foundation unstaked 17,035.326 ETH, worth roughly $40 million, according to Arkham data....Continue Reading
TRUMP memecoin fell nearly 10% in 24 hours despite a Mar-a-Lago investor gala, with the token still down over 96% from its peak. Donald Trump’s official TRUMP memecoin extended its decline on Saturday, even as he hosted a closed-door gathering for top holders of the cryptocurrency at Mar-a-Lago. The token is currently trading at around...Continue Reading
The group spent tens of millions of dollars on luxury items and real estate, using funds stolen from crypto users in social engineering scams. Evan Tangeman, a 22-year-old resident of California, was sentenced on Friday to 70 months in prison for his role in a criminal enterprise that stole about $263 million in cryptocurrencies from...Continue Reading
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