Strategy’s Significant Bitcoin Purchase Totals $2.54 Billion
In a recent filing, Michael Saylor’s Strategy (MSTR) reported acquiring an additional 34,164 bitcoin for about $74,395 each over the past week, amounting to nearly $2.54 billion in total expenditure.…
Wall Street Diversifies Into Altcoins Amid Geopolitical Tensions, With XRP at Forefront
As geopolitical tensions in the Middle East unsettle traditional markets, institutional investors are increasingly shifting their focus from Bitcoin and Ethereum to alternative cryptocurrencies. According to SoSoValue data, U.S.-based investment…
DeFi Stability Under Threat After KelpDAO Exploit Results in $292M Loss
A critical exploit has cast doubt over DeFi’s future, as $292 million vanished from KelpDAO. At 17:35 UTC on Saturday, a sophisticated attacker manipulated Kelp DAO’s LayerZero-powered cross-chain bridge by…
Crypto Market Faces Uncertainty as U.S.-Iran Ceasefire Ends
The cryptocurrency market enters this week under uncertain conditions following its Friday rally. The brief reopening of the Strait of Hormuz initially drove oil prices down, boosting risk assets like…
LayerZero Attributes $292M KelpDAO Bridge Breach to Lazarus Group from North Korea
A recent breach resulting in the loss of approximately $292 million from KelpDAO’s cross-chain bridge has been preliminarily attributed to North Korea’s Lazarus Group, specifically its TraderTraitor subunit, according to…
Bitcoin ETF Inflows Near $1 Billion Boost Bull Case Amid DeFi Concerns from Kelp Hack
Despite headlines dominated by Iran-related events and DeFi security breaches, a bullish trend for Bitcoin is evident due to significant inflows into U.S.-listed spot ETFs. On Friday alone, these funds…
Bitcoin Recedes from Peak Levels Amid CME Gap Observation and DeFi Hack Concerns
The cryptocurrency market has returned to more familiar levels after a brief surge to its highest point since early February on Friday. Bitcoin is currently trading just below $75,000 while…
Record Bitcoin Liquidation by Public Miners Raises Concerns Over Network Security Amid Shift to AI
In the initial quarter of 2026, publicly traded Bitcoin miners sold over 32,000 Bitcoins, marking an unprecedented sell-off as these companies redirected billions towards artificial intelligence investments. This significant change…
CEO Attributes ‘Highly Sophisticated’ AI-Powered Hackers to Recent Vercel Breach
Vercel’s CEO has attributed the recent security breach, which led to some customer credentials being exposed, to a “highly sophisticated” hacking group potentially using AI. Guillermo Rauch tweeted that he…
Bitcoin Gains Rally Ahead of Major Conference, but History Suggests Temporary Boost
As bitcoin approaches this year’s major Bitcoin Conference in Las Vegas next week, traders are anticipating a familiar trend: the potential for a “sell-the-news” event, as seen in past years.…