Bitcoin

TRON became an early route for stolen Binance funds, Elliptic finds

TRON served as a major early route for moving assets stolen in the Binance hack, according to an Elliptic investigation published on November 2....

Strive’s Jeff Walton says Bitcoin-backed credit can absorb volatility

Strive Inc. (NASDAQ: ASST) is offering perpetual preferred securities backed by its Bitcoin reserves, SATA and SATS, which provide yields of approximately 13% and...

Bitcoin Firm Strive Climbs Up the Treasury Ranks With Another Big Buy

Strive bought 124 BTC between October 24 and October 30 for about $10 million, at an average price of $80,526 per bitcoin including fees....

AI poses greater threat to Bitcoin than quantum computing, Swan founder says

Michael Klippsten, founder of Swan, believes artificial intelligence poses a more immediate threat to Bitcoin than quantum computing. He estimates that quantum computers capable...

Liquid Reserve Gap Falls to 250 BTC After 300 BTC Top-Up

L-BTC’s liquid reserve gap has fallen to 250 BTC following a 300 BTC top-up. The token’s estimated reserve backing has risen to 94.14%. However,...

Mercado Bitcoin, Brazil’s largest crypto exchange, hit by $46 million security breach

Mercado Bitcoin, Brazil’s largest crypto exchange, confirmed on Monday that it had suffered a security incident. The breach resulted in the loss of approximately...

Treasury holds $1 trillion as Bitcoin faces a key liquidity test this week

The U.S. Treasury held about $1.016 trillion at the Federal Reserve on Oct. 28, roughly $166 billion above its August cash-balance assumption. Its Nov....

Sam Altman ChatGPT AI Predicts a Huge Bitcoin Crash: Can BTC Really Go This Low?

In an extreme scenario, Sam Altman’s ChatGPT estimates that Bitcoin could fall to between $28,000 and $42,000, with a longer-term target of $18,000 or...