Bitcoin Depot discloses $3.7M BTC theft in cybersecurity breach
Bitcoin Depot said a hacker stole 50.9 BTC, worth about $3.7 million, after gaining access to internal systems linked to corporate wallets. Go to Source
Bookmarking Crypto Insights
Bitcoin Depot said a hacker stole 50.9 BTC, worth about $3.7 million, after gaining access to internal systems linked to corporate wallets. Go to Source
Crypto exchanges are racing to capture the market share of TradFi trading venues, but tokenized commodities adoption remains limited by pricing and liquidity concerns. Go to Source
BitMEX said commodity perpetual swaps volume jumped from $38.1 million to $25 billion in Q1 as traders flocked to 24/7 gold, silver and oil exposure. Go to Source
Bitcoin exchange-traded funds (ETFs) extended their outflow streak despite a strong debut from Morgan Stanley’s new fund. Ether followed with losses, while solana declined, and XRP remained inactive. Key Takeaways Morgan Stanley’s MSBT drew $30.6 million, but bitcoin ETFs still lost $93.9 million amid uneven demand. Blackrock IBIT added $40.38 million, yet Fidelity FBTC saw … Read more
Bitcoin needs to regain momentum with higher trading volumes for BTC to reclaim $80,000 as support and sustain the recovery. Go to Source
Bhutan has moved another 319 BTC, taking the total to over 9,000 BTC since late 2024, and trimming its sovereign stash by around 70%. Go to Source
Bitcoin Depot revealed it lost just over 50 bitcoins in a cyberattack in which an unauthorized party gained access to its corporate systems and settlement account credentials. Key Takeaways: Bitcoin Depot lost 50.903 BTC, worth $3.665 million, after a March 23 cyberattack on corporate systems. Management deemed the event material on April 6 due to … Read more
The Ethereum Foundation has begun converting 5,000 ETH into stablecoins to support operations and grants, using Cowswap’s TWAP mechanism. The move reflects a broader shift away from routine ETH sales toward diversified funding strategies. Key Takeaways: Ethereum Foundation sold 5,000 ETH, worth approximately $11 million via Cowswap TWAP, reducing market impact on prices. EF has … Read more
US Treasury Secretary Scott Bessent says the CLARITY Act is vital to set clear rules for crypto, tokenized assets and decentralized exchanges, and that US leadership is at stake. Go to Source
A trader using four coordinated wallets built a 145.24 million FARTCOIN leveraged long position on Hyperliquid, triggering a forced liquidation that cost the attacker $3.02 million and pushed $1.5 million in losses onto the platform’s liquidity vault. Key Takeaways: A trader using 4 wallets built a 145.24M FARTCOIN long on Hyperliquid, losing $3.02M on April … Read more