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Bank of America Increases Bitcoin ETF Stakes to $800 Million
The latest institutional filings from Bank of America (BofA) reveal a strategic shift in the banking giant's digital asset exposure during the first quarter of 2024. According to the SEC Form 13F filing, the financial i…
Circle to Launch cirBTC: A New 1:1 Bitcoin-Backed Token on Ethereum
Circle, the issuer of the USDC stablecoin, has announced the upcoming launch of Circle Wrapped Bitcoin (cirBTC), a new tokenized version of Bitcoin. According to an announcement by Circle CEO Jeremy Allaire on the socia…
Tom Lee Backs New Ethereum Advocacy Initiative Amid Market Shifts
Tom Lee, the co-founder of Fundstrat and chairman of BitMine, has publicly expressed his support for a new proposal to establish a specialized Ethereum advocacy organization. The initiative, originally suggested by form…
Investor Loses $6.7 Million in High-Stakes Crypto Coercion Attack
A high-net-worth investor has reportedly fallen victim to a violent physical coercion attack, resulting in the loss of approximately $6.7 million in digital assets. According to data from on-chain monitoring service Spe…
Transit Finance Attacker Moves $1.8M Stolen ETH to Tornado Cash
The perpetrator behind the recent exploit of the cross-chain aggregation protocol Transit Finance has initiated the laundering of stolen assets. According to data monitored by the blockchain security firm CertiK, an Eth…
Bankless Co-Founder David Hoffman Liquidates ETH Holdings
David Hoffman, the co-founder of the prominent decentralized finance (DeFi) media platform Bankless, has announced the complete liquidation of his Ethereum (ETH) holdings. This strategic move coincides with a broader le…
Tom Lee Links Ethereum Price Rebound to Declining Oil Markets
Tom Lee, the co-founder of Fundstrat and Chairman of BitMine, has identified a growing correlation between energy markets and the Ethereum (ETH) ecosystem. According to Lee, the recent selling pressure observed in the w…
Verus-Ethereum Bridge Exploited: Attacker Consolidates 5,402 ETH
The Verus-Ethereum cross-chain bridge has fallen victim to a significant security breach, resulting in the theft of multiple digital assets. According to data provided by blockchain security firm PeckShield on May 18, 2…
Vitalik Buterin Addresses Ethereum State Storage and Proof Scaling
Ethereum co-founder Vitalik Buterin recently provided critical insights into the ongoing challenges of blockchain state storage. Responding to concerns regarding the long-term sustainability of the network, Buterin clar…
SBI and Rakuten to Launch Crypto Investment Trusts in Japan
Major Japanese financial institutions SBI Securities and Rakuten Securities have announced plans to offer cryptocurrency investment trust products to retail investors. This move follows a survey by The Nikkei involving …