BigONE Hacked for $27M, Linked to Scam Activity
BigONE exchange lost $27M in a hack, with stolen funds including Bitcoin, USDT, and Ethereum. On-chain sleuth ZachXBT linked the exchange to scam activities. Trading volume dropped 38% post-hack.
BigONE Suffers Supply Chain Attack, Losses Exceed $27M
BigONE exchange suffered a $27M supply chain attack, with hackers modifying server logic to withdraw funds. User assets remain safe, and BigONE will cover all losses while enhancing security.
Coinbase Denies Bombshell Claim it Fueled Trump-Binance Hit Piece
Coinbase denies allegations it fueled a Bloomberg report targeting Trump’s crypto project and Binance. Execs refute claims of undermining competitors, calling them misinformation. The report linked Binance to Trump’s stablecoin.
Coinbase Denies Attacking Binance as Alleged Media Leak Fuels Industry Tensions – Exchanges Bitcoin News
Coinbase denies allegations of attacking Binance amid media leaks, fueling tensions between the two leading crypto exchanges and sparking industry-wide scrutiny.
Tether To Halt USDT Redemption On Algorand, and More – Coinspeaker
Tether will suspend USDT redemption on Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand by September 2025, focusing on more efficient blockchains for stablecoin circulation.
Coinbase Snags Opyn Leadership in Lift-Out Acquisition – News Bytes Bitcoin News
Coinbase acquires Opyn Markets’ leadership team, including CEO Andrew Leon and Head of Research Joseph Clark, to enhance its crypto derivatives expertise, focusing on perpetual options.
Ethereum Foundation Sells $32M as Fidelity Buys $25.7M ETH
The Ethereum Foundation sold $32M in ETH while Fidelity bought $25.7M. Foundation’s daily 1,000 ETH transfers sparked criticism, but whale accumulation hit 14.2M ETH, signaling potential market shifts.
Crypto in a time of crisis: Can decentralized fintech hold the line?
The article examines crypto’s role during geopolitical crises, analyzing Bitcoin’s price action amid Middle East tensions and highlighting blockchain’s utility for preserving journalism and financial access.
21 Years Later: Michael Saylor Sees Bitcoin At $21M—Details
Michael Saylor predicts Bitcoin could reach $21M by 2046, citing institutional adoption, regulatory shifts, and long-term growth trends. Over $150B has flowed into crypto, with major firms and ETFs driving demand.
Bitcoin Price Warnings Emerge, Stablecoins Score Regulatory Win: Binance Weekly Report
Bitcoin faced volatility amid geopolitical tensions, while stablecoins saw regulatory progress with the GENIUS Act. Binance reported ETF inflows and rising ETH staking, highlighting market resilience.
