FBI Arrests Alabama Man in Connection With SEC X Account Hack That Spiked Bitcoin Prices

A man from Athens, Alabama, was arrested Thursday for his role in the January 2024 hack of the U.S. Securities and Exchange Commission’s X account. The hack led to a false announcement regarding bitcoin exchange-traded funds (ETFs), temporarily causing bitcoin prices to rise by $1,000. SEC X Account Hacker Has Been Arrested According to the … Read more

Hermetica Raises $1.7M in Seed Round to Fuel Stablecoin Expansion

Hermetica, the creator of USDH, a Bitcoin-backed, yield-bearing synthetic dollar, has secured $1.7 million in seed funding. The round, led by UTXO Management, will accelerate the development of USDH, a stablecoin that operates on Bitcoin’s layer one (L1) and layer two (L2) networks. USDH Gains Momentum as Hermetica Raises $1.7 Million in Seed Funding According … Read more

Bitcoin Surges Amidst Volatility: Key Insights And Emerging Trends

Bitcoin kicked off the week with a significant jump, rising 6.9% within just 8 hours. The surge was partly fueled by short liquidations and the influx of Tether and stablecoins moving onto exchanges, which spurred a buying frenzy. 📈 Bitcoin enjoyed a much needed boost to start the week, jumping +6.9% in an 8-hour span. … Read more

Understanding Bitcoin Treasury Strategies: Insights From Public Bitcoin Miners Like MARA

The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 11, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the editorial, readers discover how MARA Holdings, the largest Bitcoin mining company by market cap, strategically accumulates BTC, outperforming … Read more

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