Ethereum Exploited $2.5M Stolen Converted to WETH
@ArcadiaFinance’s Rebalancer contract was exploited for $2.5 million in $USDC and $USDS on the Base blockchain, with stolen assets converted to $WETH. #Breaking #Crypto $USDC
SEC Approves Grayscale’s Confidential IPO Filing
@Grayscale has submitted a confidential IPO filing with the SEC, potentially allowing for new funding avenues like stock or convertible note offerings. #Update #Crypto
Bitcoin Trading Ban Now Punishable by 2 Years
Hungary’s new laws impose up to two years in prison for using unauthorized crypto exchanges, with penalties increasing based on trade value. Compliance frameworks are pending. #Update #Legal $BTC $ETH
Crypto Millionaires Flock to UAE for 5 Reasons
The UAE attracts crypto millionaires with zero taxes on profits, regulatory clarity via @VARA and FSRA, cutting-edge infrastructure, a supportive government vision, and residency benefits like the Golden Visa. #Update #Crypto $BTC $ETH
Crypto Investment Boosts Asia Treasuries
@Metaplanet CEO invests in a Korean firm to enhance corporate Bitcoin adoption across Asia, signaling a significant move towards crypto treasuries in the region. #Update #Crypto $BTC
Wall Street Awakens as Markets Surge 15%
@NYSE plans to extend trading hours to 22 on weekdays, while @NASDAQ aims for 24-hour trading, responding to global demand for US equities. #Update #Crypto $USDT
Crypto Market Cap Surges to $3.8T
The total crypto market cap reached an all-time high of $3.8 trillion, nearing the UK’s GDP, driven by Bitcoin’s surge to $123,000; a bullish signal indicates potential for a $4.45 trillion target. #Update #Crypto $BTC
SEC Receives Grayscale’s Confidential IPO Filing
@Grayscale has filed confidentially with the SEC to list its shares, aiming for a public offering amid a rising trend of crypto IPOs following Circle’s successful $1.05 billion IPO. #Update #Crypto $USDC
Bitcoin Surges Past Amazon to 5th Asset
Bitcoin ($BTC) reached a new all-time high of $122,600, surpassing Amazon’s market cap at $2.4 trillion, driven by institutional adoption and Bitcoin ETFs’ significant inflows. #Update #Crypto $BTC
Bitcoin Surges Past Amazon to $2.3T
Bitcoin ($BTC) reaches an all-time high of $122,600, surpassing a $2.4 trillion market cap and becoming the fifth-largest asset globally, driven by increased institutional adoption and Bitcoin ETF inflows. #Update #Crypto $BTC
NFT Lawsuit Against Dolce & Gabbana Cleared
@DolceGabbana USA has been cleared of a proposed class-action lawsuit regarding its parent company’s alleged abandonment of the “DGFamily” NFT project, dismissing claims of misconduct. #Update #Legal
Tokens Driven by Bots on Pump.fun
Automated bots are behind most tokens launched on @PumpFun and @LetsBonk, with 4,281 tokens created in 24 hours; memecoin market cap drops to $54.7B. #Update #Crypto $BONK
Bitcoin Buy Signal from Michael Saylor After Hiatus
@MicroStrategy co-founder Michael Saylor announced the company will resume buying $BTC after a week-long pause, having previously raised $4.2 billion and accumulated 12 weeks of BTC. #Update #Crypto $BTC
Real-World Asset Tokens Revolutionize ETFs
Real-world asset tokens could democratize investment access, akin to ETFs, according to @CoinFund’s Christopher Perkins. Tokenized RWAs may enhance capital velocity and investor access amid declining public markets. #Update #Crypto $BTC