Mercado Bitcoin Confirms $46M Hack as Funds Move After Withdrawal Suspension
Summary: Mercado Bitcoin confirmed a $46M hack where funds kept moving after withdrawals were suspended, with $6.2M frozen by Tether and Circle amid ongoing investigations.
Latest News
Bitcoin Falls Below $77K as Oil Slide Fails to Spark Crypto Rally
Summary: Bitcoin dropped below $77,000 as oil prices fell 7% on US-Iran diplomatic hopes, defying expectations of a crypto rally amid reduced geopolitical tension.
Proton Users Cancel Subscriptions After CEO Calls Security Testing 'Loser Thinking'
Summary: Proton faces user backlash and subscription cancellations after CEO Andy Yen reportedly called security testing "loser thinking" while mandating AI adoption, prompting a defensive engineering manifesto.
North Korea Laundering $6.43 Billion Binance Hack Loot at One Wallet Every 25 Seconds
Summary: North Korean hackers are laundering $6.43 billion stolen from Binance using 12,000 wallets, though Tether and Circle froze 44% of the funds.
Animoca Brands Subsidiary Secures Abu Dhabi Fund Management License
Summary: Animoca Brands' subsidiary received FSRA approval in Abu Dhabi effective Oct. 13, enabling fund management for professional investors and completing a process started in Nov. 2025.
Bitmine Buys More Ethereum as Tom Lee Calls Binance Hack Impact Bullish
Summary: Bitmine buys 8,573 more ETH, reaching 4.9% of supply, while Chairman Tom Lee cites the muted market reaction to the $6.4B Binance hack as proof of crypto resilience.
Mercado Bitcoin Halts Withdrawals After Security Incident Linked to $40M Transfers
Summary: Mercado Bitcoin halted withdrawals after a security incident; Hypernative flagged over $40M in suspicious transfers, while Tether froze 4.5M USDT tied to the breach.
Musk Mocks Altman Over Claim That Home PCs Waste Limited DRAM Supply
Summary: Sam Altman argues home PCs waste limited DRAM by using it only 5% of the time, prompting Elon Musk to mock the claim on X amid their ongoing rivalry.
T7X Advances Native Issuance Model for Legally Recognized Tokenized Shares
Summary: T7X promotes native issuance for security tokens, integrating blockchain records with authorized share structures under Wyoming law to ensure holders are shareholders of record.
Mercado Bitcoin Halts Trading After Security Breach; Estimates Suggest $40M Loss
Summary: Mercado Bitcoin halted deposits and withdrawals after a security breach, with Hypernative estimating over $40 million in suspicious transfers across multiple blockchains.
Adam Back: Pension Funds Are Bitcoin’s Third Wave of Adoption
Summary: Blockstream CEO Adam Back outlines pension funds and managed portfolios as Bitcoin’s next adoption phase, noting Swiss banks’ preparation for quantum-safe custody.
Bitwise Researcher Cites $197K Bitcoin Fair Value Based on Global Liquidity Model
Summary: Bitwise researcher André Dragosch argues Bitcoin is a 'liquidity canary,' using a global money supply model to estimate its fair value at $197,000 amid shifting Fed policies and recession risks.
Strategy Resumes Bitcoin Purchases With $65.5M Buy After One-Week Pause
Summary: Strategy bought 811 BTC for $65.5M via stock sales, resuming purchases after a pause, while spending $208.2M on STRC buybacks, leaving USD Cash at $132.7M.
Binance Hack Drains $6.4 Billion; FBI Probes Launch Amid Massive ETF Outflows
Summary: Binance suffered a $6.4 billion hack attributed to North Korean actors, triggering $643 million in Bitcoin ETF outflows and prompting FBI investigations alongside calls for stricter U.S. regulatory oversight.
FATF Launches Targeted Review of Crypto Hubs to Address Money Laundering Enforcement Gaps
Summary: FATF launches targeted review of high-VASP jurisdictions to close AML enforcement gaps, with initial findings due June 2027 following data showing widespread Travel Rule adoption but limited supervisory action.
GenLayer Launches Internet Court Beta Using AI Juries for Agent Disputes
Summary: GenLayer launches Internet Court beta, using AI juries to resolve agent disputes in minutes, aiming to replace slow traditional adjudication for smart contracts.
Strategy Buys 811 BTC via Common Stock Sale; Strive Adds 124 Coins
Summary: Strategy bought 811 BTC using common stock proceeds, while Strive added 124 BTC; both firms expanded holdings despite market volatility and a major exchange breach.
BTCPay Orders Server Shutdowns After Attackers Drain Hot Wallets on Older Versions
Summary: BTCPay Server ordered merchants to shut down instances after attackers drained hot wallets on versions 2.4.1 or older, though no losses were reported for the latest 2.4.7 release.
FBI Blames North Korea for $6B Binance Hack as Exchange Reopens Withdrawals
Summary: Binance resumed withdrawals after the FBI blamed North Korea for a $6B hack, reporting a $3.64B net outflow while claiming to have replenished 95% of lost assets.
HKMA Enables 24/7 Tokenized Settlements; HSBC Stablecoin Hits 50k Users
Summary: Hong Kong's HKMA expanded Project Ensemble to allow 24/7 tokenized settlements, while HSBC reported its new RedCoin stablecoin reached 50,000 users shortly after launch.