Bitcoin Error: Bithumb Sends $44B Accidentally
South Korea’s @BithumbExchange mistakenly distributed $44 billion in $BTC to 695 users, recovering 99.7% within 35 minutes. No impact on trading. #Update #Crypto $BTC
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South Korea’s @BithumbExchange mistakenly distributed $44 billion in $BTC to 695 users, recovering 99.7% within 35 minutes. No impact on trading. #Update #Crypto $BTC
Polymarket’s parent company files trademarks for “POLY,” suggesting a potential native cryptocurrency launch, marking a strategic expansion in its business model. #Update #Crypto $POLY
Tether invests in t-0 network to enhance USDT-based cross-border payments for financial institutions, aiming for near-instant international transfers. #Update #Crypto $USDT
Peter Schiff warns Bitcoin rallies are traps, urging investors to ‘sell the rip’ before a potential bear market crash as optimism fades. #Update #Crypto $BTC
Robert Kiyosaki pauses $BTC, gold, and silver purchases, hinting at future buys, stirring scrutiny due to his history of buying during rallies. #Update #Crypto $BTC
@Strike has updated its bitcoin-backed loan policies, extending the margin call recovery window amid market volatility, offering borrowers more flexibility. #Update #Crypto $BTC
U.S. Sen. Cynthia Lummis urges banks to adopt stablecoins, viewing them as new financial products amid stalled crypto legislation. #Update #Crypto
Several X accounts debate Bitcoin’s 21M cap, suggesting a single onchain bitcoin supports multiple financial claims, echoing gold’s 1980s financialization. #Update #Crypto $BTC
Tom Lee defends $ETH treasury drawdowns; new Epstein file reignites Blockstream scrutiny; Vitalik critiques generic L2s. Nic Carter highlights Bitcoin quantum risk views. #Update #Crypto $ETH
U.S. regulators legitimize stablecoins federally, expanding uses and elevating national trust banks’ roles as payment tokens gain momentum. CFTC expands eligible stablecoins for collateral use. #Update #Legal
@Playnance launches a non-custodial gaming platform for 30+ studios, securing balances in audited smart contracts instead of studio servers. #Update #Gaming
@Sberbank plans to launch crypto-backed loans for corporate clients, finalizing necessary infrastructure. #Update #Finance
XRP is solidifying its role in institutional finance as Ripple’s XRPL strategy integrates into payments and credit systems. #Update #Finance $XRP
Trezor’s Lucien Bourdon highlights the importance of how hardware wallets use Secure Elements, crucial for cryptocurrency security. #Update #Crypto