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Bybit scrambled to process over 350,000 withdrawal requests after a massive hack, with executives calling it possibly the worst financial breach ever. Bybit in Crisis Mode—350,000 Withdrawals Flood the System Ben Zhou, CEO of crypto exchange Bybit, provided an update on social media platform X on Feb. 21 regarding the company’s response to a recent … Read more
Microstrategy, now rebranded as Strategy, is raising $2 billion to fuel its next major bitcoin acquisition, doubling down on its position as the largest corporate holder of BTC. Strategy Raises $2 Billion and Prepares for Its Next Big Bitcoin Move Software intelligence firm Microstrategy (Nasdaq: MSTR), now rebranded as Strategy, has signaled an imminent bitcoin … Read more
A bold new theory suggests Jack Dorsey may be Satoshi Nakamoto, citing cryptographic ties, uncanny coincidences, and a trail of digital breadcrumbs hidden in plain sight. Satoshi Nakamoto’s True Identity? A Bold New Theory Points to Jack Dorsey as Bitcoin’s Creator Matthew Sigel, head of digital assets research at asset management firm Vaneck, stirred debate … Read more
Bitcoin’s price risks further decline amid persistently weak demand and liquidity, according to a Cryptoquant report released on Wednesday. Cryptoquant Warns of Bitcoin Downturn Amid Historic Liquidity Slowdown In a Feb. 19, 2025 report, Cryptoquant researchers warned bitcoin (BTC) could drop to $86,000 after hitting a one-month low of $93,000, citing deteriorating demand and liquidity … Read more
Not long ago, the Bitcoin blockchain released 94.42% of its total supply, leaving only—or 174,583.24 bitcoins—to be mined until 20 million are in circulation. Calculations indicate that this milestone will be reached before the fifth Bitcoin halving, expected to occur in April 2028. Algorithmic Scarcity: Bitcoin Nears 20 Million The commonly cited total supply of … Read more
The FBI’s Operation Level Up has saved over 4,300 potential victims from losing $285 million to cryptocurrency scams, preventing life-altering financial losses and exposing fraudulent platforms. Operation Level Up: Inside the FBI’s Mission to Protect 4,300 From Crypto Fraud The FBI announced on Feb. 13 that Operation Level Up has successfully prevented victims from losing … Read more
Michael Saylor has met with Salvadoran President Bukele to discuss accelerating global bitcoin adoption as El Salvador strengthens its position, continuing to accumulate bitcoin despite IMF-driven policy adjustments. Michael Saylor Meets Nayib Bukele to Discuss Bitcoin Strategy Michael Saylor, executive chairman of Microstrategy (Nasdaq: MSTR), met with El Salvador’s President Nayib Bukele on Feb. 13 … Read more
Pig butchering scams exploded in 2024, with fraudsters stealing billions through AI-driven deepfakes and rapid-fire scams, overwhelming victims and outpacing law enforcement crackdowns worldwide. Pig Butchering Scams Surge as AI Fuels New Fraud Tactics Blockchain intelligence firm Chainalysis released a report on Feb. 13 detailing the rapid growth of pig butchering scams in 2024. These … Read more
El Salvador’s Bitcoin Law changes create a complex situation where bitcoin is both legal tender and not, as Samson Mow’s analysis highlights the deeper implications. Bitcoin No Longer ‘Currency’ in El Salvador—Here’s What That Actually Means Changes to El Salvador’s Bitcoin Law have ignited discussions about whether bitcoin retains its status as legal tender. Samson … Read more
North Carolina is set to modernize its investment strategy with a bill allowing the State Treasurer to allocate funds to digital asset products, signaling a shift toward blockchain-based finance. North Carolina Considers Crypto Investments for State Funds in New Bill North Carolina Speaker of the House Destin Hall and Representatives Stephen Ross, Mark Brody, and … Read more