Hackers Lift $70 Million from UPCX by Compromising Three Management Accounts

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US Crypto Reserves Disclosure Set for April 5

The US government plans to disclose its cryptocurrency holdings on April 5, following an executive order from President Donald Trump on March 6. Federal agencies, including the Department of the Treasury, received a 30-day deadline to report their digital asset reserves. Consequently, this move aims to clarify the scope of government-owned Bitcoin and other crypto…

April 2, 20250Comments

ByDaniel Nwokolo

Metaplanet Adds 696 BTC, Hits ¥770M Revenue in Q1 2025

KeyTakeaways: Metaplanet increased Bitcoin holdings by 696 BTC, reaching a total of 4,046 BTC in Q1 2025. The company reports ¥770 million in revenue from its Bitcoin income generation business. Metaplanet achieves a 95.6% BTC yield year-to-date through its treasury operations. Metaplanet Inc. announced on April 1 that it recently added 696 Bitcoin to its…

ByDaniel Nwokolo

Coinbase CEO Makes Case for Onchain Interest for Stablecoins

Key Insights Coinbase CEO Brian Armstrong believes the US legislation should allow Onchain Interest for stablecoins. The Crypto Exchange CEO believes such a move would benefit the US Economy, US consumers, and Global Crypto Users. Coinbase is the Dominant Crypto Exchange in the US market. Coinbase CEO Brian Armstrong called for the US Legislation to…

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Crypto Traders in South Korea Targeted with Sophisticated Money Laundering Scams

Key Insights Crypto traders in South Korea are exposed to sophisticated scams used to launder money for criminal groups. The scammers disguise themselves as legitimate companies by posting job ads on social media. The scam is a distinct strain of phishing scams that remain a significant challenge in cybersecurity. South Korean crypto traders are lured…

Losses to Crypto Scams and Exploits Drop to $28.8 million in March

Key Insights In March, the crypto industry recorded only $28.8 million in losses to Crypto Scams and exploits. This is a significant drop from the $1.5 billion Loss recorded in February, driven by the Bybit Hack. Code vulnerabilities and Wallet compromises accounted for over 70% of the total amount lost in March. In March, losses…

Bitcoin News

Trump Heirs Invest in Bitcoin Mining: 80% Controlled by Hut 8

Eric Trump and Donald Trump Jr., the progeny of U.S. President Donald Trump, have embarked on a financial foray into cryptocurrency. According to a Monday report by The Wall Street Journal, they are channeling capital into a bitcoin mining operation. The report details their strategic pivot toward digital asset infrastructure, positioning them in a niche…

ByGabriel Okokhuele Eromonsele

Bitmine Triples Bitcoin Mining Capacity 300% with Soluna-Luxor Integration

Soluna Holdings and Luxor Technology have partnered with Bitmine Immersion Technologies to deploy a turnkey Bitcoin mining solution. This solution has tripled Bitmine’s operational capacity while mitigating energy volatility and equipment cost risks. The new system significantly boosts capacity through renewable energy, financial hedging, and operational optimization. According to the released case study, Bitmine’s nameplate…

ByGabriel Okokhuele Eromonsele

In-Depth Review of Ordinal Hive: BTC Ordinals Marketplace

In the growing crypto market, Bitcoin Ordinals have emerged as a fascinating innovation, blending the security of Bitcoin's blockchain with the uniqueness of NFTs. Among the platforms capitalizing on this trend is Ordinal Hive, a marketplace launched to cater to traders of Bitcoin Ordinals. Billed as a hub for trading, sniping, and sweeping these digital…

March 31, 20250Comments

ByDaniel Nwokolo

Mara Holdings to Generate $2 Billion from Stock Sales for More Bitcoin Acquistion

Key Insights Mara Holdings is looking to generate $2 billion from Stock Sales, partnering with Barclays Capital Inc., BMO Capital Markets Corp, BTIG, LLC, Cantor Fitzgerald & Co., and Guggenheim Securities. The proceeds from the stock sales would be used for general corporate purposes, including acquiring more Bitcoin. Mara Holdings remains the second largest corporate…

March 31, 20250Comments