Skip to main content

Posts

Bitcoin Fund Lost 36% of Its Backing, Nobody Noticed for 74 Days

Amid what seems like an endless stream of hacks, data breaches, exploits and bugs, one software flaw quietly wiped out a third of a bitcoin fund’s backing, and somehow went unnoticed for two months. Nomic Bug Leaves Alloyed BTC With a 36% Backing Hole According to the decentralized exchange (DEX) platform Osmosis, a software flaw […] from Bitcoin News https://ift.tt/hLVs3Cz
Post a Comment
Read more
Recent posts

Cut off From Global Finance, Iran Turns to Bitcoin and Tether

According to reports, cryptocurrency use in Iran is not fringe but a working trade-settlement rail. Tehran is quietly moving funds across these digital rails using bitcoin (BTC) and tether (USDT) to undermine financial sanctions. Digital Assets Take on a Bigger Role in Iran’s Trade On Wednesday, the Financial Times (FT) reported that Iran’s central bank […] from Bitcoin News https://ift.tt/3trZRJe
Post a Comment
Read more

Circle Targets $25B Payments Flow for USDC With $400M Tazapay Deal

Circle is acquiring Tazapay in a $400 million all-stock deal that would bring more than $25 billion in annual payment volume into its orbit. With 60% of Tazapay’s transactions already involving stablecoins, the acquisition could materially expand USDC’s reach across Asia, Africa and other fast-growing markets. Circle Pushes USDC Into 100+ Markets With Tazapay Acquisition […] from Bitcoin News https://ift.tt/8XvVAWI
Post a Comment
Read more

Grayscale Drives $47M Bitcoin Outflows as XRP Funds Gain $1.55M

U.S. crypto ETFs reopened after the Labor Day break with broad selling pressure, as bitcoin, ether, solana, and HYPE funds all posted net outflows. XRP ETFs were the only major category to finish Tuesday in positive territory, drawing $1.55 million. Crypto ETFs Open Short Week With Multiple Selloffs The first session after the Labor Day […] from Bitcoin News https://ift.tt/dw3XYt8
Post a Comment
Read more

Metamask Breaks Free From Consensys as 2027 IPO Buzz Heats Up

On Wednesday, Consensys Software Inc. announced plans to split into two independent companies, with consumer wallet platform Metamask breaking away from Consensys, which will remain focused on protocols and institutional infrastructure. Metamask Breaks Away as Lubin Takes the Helm Consensys Executive Chairman Joe Lubin said the company spent more than a decade helping build the […] from Bitcoin News https://ift.tt/4dhVy5E
Post a Comment
Read more

Bitmine Adds 28,086 ETH as Ethereum Treasury Hits $14.8B

Bitmine now controls about 5.93 million ETH, worth about $14.8 billion, putting it within touching distance of its 5% ethereum supply goal. With most of that position staked, the company is turning its balance sheet into one of the biggest single bets on ethereum anywhere in public markets. Bitmine Builds One of Public Markets’ Biggest […] from Bitcoin News https://ift.tt/PxDi7J9
Post a Comment
Read more

Strive Loads up on 1,375 Bitcoin as ASST Jumps 114% in 30 Days

While the bitcoin treasury firm Strategy has paused buying for the time being, Strive Inc. disclosed on Tuesday that it purchased another 1,375 bitcoin last week. Strive Adds 1,375 Bitcoin as Treasury Climbs to Fifth Largest According to the SEC Form 8-K submitted by Strive, the firm’s corporate bitcoin treasury now stands at 24,531 BTC. […] from Bitcoin News https://ift.tt/5CwHvT4
Post a Comment
Read more