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Bitcoin
Strive Is Running Saylor’s Playbook and Has Raised Enough for 638 Bitcoin
Strive’s SATA preferred stock generated an estimated $55 million this week, enough to buy about 638 BTC, even though the shares spent three of five trading days below the price at which new issuance stops. How the 638 BTC Was Acquired…
A Decade-Old XRP Ledger Bug Could Have Minted XRP Out of Thin Air
The XRP Ledger quietly patched a 2015-era payment engine flaw that could have let an attacker create spendable XRP beyond the network’s fixed supply for just a few hundred XRP in reserves. What Was Actually Broken? The problem sat…
Does This $32M Whale Know Where Bitcoin’s Price Goes After $82.5K
A Hyperliquid trader is sitting on a $32.36 million bitcoin short exactly one year after the 10/10 crash that erased over $19.1 billion in leveraged bets. The Nitty Gritty Of The Matter The position surfaced earlier today, with the account…
Brazil Seizes Record Crypto Funds From Self-Custody Wallets
During Operation ClickFix, which targeted a criminal group that used social engineering for phishing purposes, the Civil Police of Santa Catarina recovered over $1.7 million held in self-custody wallets—the largest seizure of this nature…
Bain Capital Leads $37.5M Investment in Bitcoin Life Insurance Firm
Bitcoin-denominated life insurer Meanwhile raised $37.5 million in new funding led by Bain Capital Crypto, bringing its total capital raised to over $180 million. Capitalizing on Growing Demand Meanwhile, the life insurance company licensed…
Bitcoin Price Bounces Back to $83K as Crypto Market Liquidations Cool
Bitcoin briefly reclaimed $83,000 on Friday after plunging to a month-to-date low of $80,308 on Thursday, pushing its market cap back to $1.66 trillion. Resistance at $83,000 Triggers Volatile Trading Bitcoin rebounded Friday to briefly…
Celsius Founder Alex Mashinsky Gets Lifetime Ban From New York AG
Celsius co-founder and former CEO Alex Mashinsky is permanently barred from crypto and securities businesses under a New York settlement announced Oct. 9. The agreement follows investor losses tied to misleading safety assurances and…
Ripple’s $24M XRP Debt Fight Puts a $400M Tranglo Stake on the Block
A Malaysian court has given Ripple a charging order over Seamless Group’s 60% stake in Tranglo, a holding priced at $400 million in January, to collect roughly $24 million in unpaid XRP invoices. The Massive $23,952,480 Figure…
Bitcoin Price Breakout May Hinge on US Debt Fears: Coinshares
Bitcoin’s next breakout could depend on demand driven by concerns about U.S. public finances, Coinshares suggested Thursday in a market analysis. Fund withdrawals and a price retreat have challenged that outlook, despite the monetary…
Former Visa and JPMorgan Execs Take Over El Salvador’s Chivo Wallet
According to Lionguard Labs, the new Chivo wallet will offer Salvadorans a comprehensive suite of services, including wallet-activity-supported microloans, cash advances, free remittances, and crypto card payments. Former Visa and JPMorgan…