Silk Road Hacker's Bitcoin Legacy Revealed
James Zhong, linked to an early Bitcoin persona 'Loaded', admitted to stealing 50,000 bitcoins. He attempted a bet with Roger Ver that never materialized.
Source: theblock.co —
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FTX Lawyers Dispute 3AC's $1.5B Claim
FTX lawyers argue that 3AC's $1.5 billion claim has no basis in logic and should be entirely dismissed, citing self-inflicted losses by 3AC.
Source: theblock.co —
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Texas Establishes Strategic Bitcoin Reserve
Texas has enacted a law to establish a state Bitcoin reserve, becoming the third U.S. state to do so with a unique publicly-funded model.
Source: theblock.co —
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Yala Unlocks Bitcoin Liquidity in DeFi
Yala has launched its mainnet on Ethereum and Solana, allowing Bitcoin holders to leverage their BTC in DeFi and real-world assets without giving up control.
Source: theblock.co —
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US Seizes Crypto Funds from BidenCash Marketplace
The US government seized cryptocurrency funds and domains linked to the criminal marketplace BidenCash, disrupting operations and preventing illicit activities.
Source: theblock.co —
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Bitcoin's Future Tied to Fed Rate Cuts
Analysts suggest Bitcoin's potential rise or fall hinges on U.S. job reports and subsequent Fed rate decisions. A weak report might boost Bitcoin's value.
Source: theblock.co —
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Singapore Court Rejects WazirX's Recovery Plan
WazirX's restructuring plan to recover from a $230 million exploit was rejected by Singapore's High Court. An appeal is under consideration.
Source: theblock.co —
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Coinbase Launches Wrapped XRP and DOGE on Base
Coinbase has launched wrapped XRP and DOGE tokens on its Layer 2 Ethereum network, Base. This move aims to facilitate DeFi ecosystem integration.
Source: theblock.co —
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Michelle Bowman Confirmed as Fed Vice Chair for Supervision
Michelle Bowman has been confirmed as the vice chair for supervision at the Federal Reserve, indicating a potential positive shift for crypto regulation.
Source: theblock.co —
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Circle's IPO Raises $1.1B, Surpassing Targets
Circle Internet Group successfully raised $1.1 billion in its IPO, surpassing its initial target. This move highlights the growing importance of stablecoins like USDC.
Source: theblock.co —
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Ethereum's Strategic Treasury Reform for 2025-26
The Ethereum Foundation is revising its treasury management to strategically support the ecosystem during crucial times, notably in 2025-26.
Source: theblock.co —
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Crypto Trader James Wynn Loses $25M BTC Bet
James Wynn, a high-leverage crypto trader, lost $25 million in Bitcoin in his latest trading setback. Despite severe losses, he intends to continue trading.
Source: theblock.co —
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CLARITY Act Faces Challenges Amid Trump's Crypto Involvement
The CLARITY Act, aimed at regulating the crypto industry, faces challenges due to Trump's involvement with digital assets, stirring political debates.
Source: theblock.co —
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K Wave's Bitcoin Strategy Boosts Stock 130%
K Wave Media's stock surged by 130% following its announcement to integrate Bitcoin into its treasury operations as a strategic financial decision.
Source: theblock.co —
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JPMorgan Expands Crypto Offerings, ETF Loans
JPMorgan plans to enhance its crypto services by allowing cryptocurrency as loan collateral for ETFs, indicating a shift in financial strategies.
Source: theblock.co —
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