‘We found room for even more orange’: Michael Saylor’s Strategy scoops up another 811 bitcoin for $65.5 million
The latest bitcoin acquisition disclosure comes after Strategy reported $19.5 billion in third quarter net income on Thursday.
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The latest bitcoin acquisition disclosure comes after Strategy reported $19.5 billion in third quarter net income on Thursday.
US spot bitcoin ETFs shed $643 million on Friday, marking their largest single-day outflow since June 25, following Thursday's Binance's hack.
Crypto bridges Relay, THORChain, Chainflip and Symbiosis moved about $140 million of stolen funds off Tron, with Relay handling the most at $48 million.
The exchange said the outflows equal 2.1% of its $171 billion in assets and that withdrawal volumes have declined after an initial spike.
All 12 hijacked domains are registered through Name.com, according to registry records accessed by The Block, suggesting a compromise.
The firm has also been tracking Binance’s separate multibillion-dollar hack, and said the attackers are using a Tron protocol to dodge stablecoin freezes.
Investigators tie the $6B Binance hack to North Korea. Here's how hot-wallet signing infrastructure was compromised and where funds went.
Following the $6.3 billion hack of the world's largest crypto exchange, Binance, calls are growing for legislation.
Two brothers who held a family for nine hours at gunpoint in Minnesota for $8 million worth of cryptocurrency were sentenced on Friday.
Strategy fell after Q3 earnings, but StoneX & TD Cowen kept buy ratings, citing $4.83B cash reserve and more stable STRC preferred structure.
Binance has allocated $6.34 billion to cover hack losses, while industry partners have frozen another $3 billion in affected assets.
Bernstein analysts said Coinbase's expanding prediction markets and derivatives businesses helped offset weaker spot trading activity.