The proposition to buy Strategy shares and short Michael Saylor’s Bitcoin accumulation plan has attracted significant attention on Wall Street. Legendary short-seller Jim Chanos argues that the arbitrage between Strategy’s market price and the intrinsic value of its Bitcoin holdings…
BitoPro Reports $11 Million Dollar Hack Impact on Users?
In early May 2025, BitoPro, a Taiwanese cryptocurrency exchange, confirmed a significant security breach. BitoPro’s team revealed that hackers targeted an old hot wallet during a system upgrade. This incident drew attention after a crypto sleuth highlighted approximately $11.5 million…
Australia Sees Crypto ATM Increase and Age Related Risks?
Australia approach to cryptocurrency regulation has intensified as the national financial crimes agency implements new limits on automated teller machines. Recent measures place a cap of A$5,000 (US$4,169.18) on cash deposits and withdrawals at crypto ATMs, reflecting growing concerns about…
Robinhood shares reach a five year high as crypto rallies?
Nearly four years after its initial public offering, Robinhood’s shares finally climbed to an all-time high, closing at $71.72 after a 5.5% surge. This milestone reflects broader market trends, a renewed interest in cryptocurrencies, and strategic business moves. The remarkable…
Joe Lubin Credits Michael Saylor for Ether Treasury Strategy
In 2024, Joe Lubin began considering a new approach to managing digital assets after a discussion with Michael Saylor. The conversation focused on holding cryptocurrency as part of a company’s treasury. Over the next few months, Lubin and his team…
Circle eyes 896 million lifting share sale to 32 million
Stablecoin issuer Circle Internet Group Inc. is set to join the public markets this week after sharply expanding its initial public offering. The company and certain shareholders have lifted the deal to 32 million shares, raising the price range to…
Will Thailand block bybit and OKX trading on June 28?
Thailand’s financial regulators have moved to block five cryptocurrency exchanges from operating in the country. This action follows updates to local laws focused on technology crime prevention. The affected platforms include Bybit, OKX, CoinEx, XT.COM, and 1000X. Authorities say the…
Coinbase faces 400 million cost after 69K user data breach?
On 15 May 2025 Coinbase, the largest U.S. cryptocurrency exchange, disclosed the most costly security failure in its 12-year history: personal data belonging to at least 69,461 customers had been siphoned out through its own offshore help-desk pipeline. Criminals who…
Binance ends two year SEC case with joint dismissal filing?
Binance and the U.S. Securities and Exchange Commission have agreed to dismiss a legal case that started in mid-2023. The lawsuit focused on alleged securities violations, including offering unregistered products and allowing U.S. users on an offshore platform. After months…
Trump media raising 2.44 billion to build bitcoin treasury?
Trump Media recently raised funds through a combination of stock sales and convertible bonds. The company brought in $1.44 billion by offering shares at $25.72 each and secured an additional $1 billion through zero-coupon notes. These proceeds are set aside…