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Tag: Cryptocurrencies

Strategy Sells 1,690 Bitcoin for $108.6 Million, Lifts USD Reserve to $4.65 Billion

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Strategy sold 1,690 BTC for $108.6 million between Aug. 3 and Aug. 9 at an average price of $64,262 Bitcoin holdings fell to 840,447 BTC with an average acquisition cost of $75,385 The firm raised $653.1 million via MSTR share sales and added $650 million to its USD reserve, reaching $4.65 billion BTC sale proceeds funded the repurchase of 1,152,020 STRC preferred shares Bitcoin treasury company Strategy sold 1,690 BTC...

Bitcoin, Cryptocurrencies, News

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Harmony Confirms Unauthorized Mint of 4 Billion ONE Tokens as Price Crashes Over 30%

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Harmony confirmed an exploit that allowed unauthorized minting of approximately 4 billion ONE tokens, equal to about 26% of the existing supply. ONE price dropped as much as 40% in Asian trading, briefly hitting an all-time low near $0.00057 before recovering partially. Roughly 2.8 billion newly minted tokens moved to exchanges; the team is coordinating freezes and evaluating a potential chain rollback. Harmony confirmed on Wednesday that...

Cryptocurrencies, Hacks, News

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Bitcoin Holds Firm Above $65,000 as ETF Inflows Counter Strategy Sales Ahead of CPI

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Bitcoin climbed above $65,000 on Monday, gaining nearly 3% over the week, supported by strong US spot Bitcoin and Ether ETF inflows totaling around $1.1 billion—the strongest weekly haul since mid-April. A weak US jobs report eased fears of further Federal Reserve rate hikes, providing a risk-on backdrop ahead of the July CPI inflation data due Wednesday. Despite Strategy (formerly MicroStrategy) disclosing the sale of 1,690 BTC for...

Altcoins, Bitcoin, Crypto market, Cryptocurrencies, ETF

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BTCPay Server Critical Flaw Exposed After Developer’s Lightning Node is Drained

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A severe security flaw in BTCPay Server allowed malicious actors to drain Lightning Network nodes despite active security warnings. The vulnerability went undetected during recent artificial intelligence code audits. The exploit came to light only after a core developer personally fell victim to the robbery and analyzed his own system logs. A critical security vulnerability impacting self-hosted payment processor BTCPay Server has...

Breaking, Cryptocurrencies, News

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Bybit Sues North Korea Over $1.5B Lazarus Hack, Wins U.S. Court Order Freezing Assets

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Bybit has filed a civil lawsuit in the U.S. District Court for the District of Columbia against North Korea, its Reconnaissance General Bureau, and the Lazarus Group over the $1.5 billion theft. A federal judge granted a preliminary injunction freezing identified stolen assets and found Bybit likely to succeed on the merits. Approximately $48.4 million has been recovered and $30.5 million frozen across more than 28 exchanges and custodians....

Cryptocurrencies, News

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