South Korea’s Financial Supervisory Service (FSS) has escalated its routine inspection of the Bithumb exchange to a full-scale investigation. The trigger was an incident involving the erroneous crediting of 620,000 BTC (approximately $43.1 billion) to users, reports Yonhap. A representative of the regulator told the news agency that the authority will take stringent measures against […]
L2 project based on Ethereum, MegaETH, has launched its mainnet. The rollup is positioned as a “real-time blockchain,” aiming for a throughput of 100,000 TPS and nearly instant transaction finality. Introducing The Rabbithole — your MegaETH ecosystem frontend Mainnet is now fully open to the public. Rabbithole is how users:→ Discover live and upcoming apps→ […]
Mining firm Cango sold 4,451 BTC on the open market, roughly 60% of its 7,476-BTC reserves. We’ve taken a deliberate step to support the next phase of our transformation: 📌Balance sheet optimization: Completed the sale of 4,451 BTC, generating approximately US$305 million in net proceeds to reduce financial leverage and fund future growth initiatives. 📌Leadership… […]
The issuer of the stablecoin USDT, Tether, has entered the ranks of the world’s top 30 gold holders, according to CoinDesk, citing a report by investment bank Jefferies. As of January 31, the company’s gold reserves reached 148 tonnes, with an estimated value of $23 billion. In the fourth quarter of 2025, Tether acquired 26 […]
SpaceX has redirected its efforts towards constructing a “self-growing city” on the Moon, a project expected to take less than a decade, according to the company’s CEO, Elon Musk. For those unaware, SpaceX has already shifted focus to building a self-growing city on the Moon, as we can potentially achieve that in less than 10 […]
Jack Dorsey’s fintech company Block (Cash App, Square, Afterpay) is preparing to reduce its workforce by up to 10% as part of a major restructuring. This is reported by Bloomberg, citing informed sources. The layoffs will affect employees across various divisions following an annual performance review, which will conclude at the end of February. This […]
The Sharpe ratio for the leading cryptocurrency has dropped to -10, the lowest since March 2023. CryptoQuant analyst known as Darkfost believes that the indicator’s move into negative territory historically signals the final stage of a bear market. 📊 The Sharpe ratio has just entered a particularly interesting zone, one that has historically aligned with […]
Bitcoin tested a local bottom near $60,000, mining difficulty fell 11%, crypto treasuries posted sizeable “paper” losses, reporters uncovered a secret Trump deal, and other developments of the week. Two‑year lows Over the past seven days the crypto market probed lows last seen in September 2024. As recently as Monday, bitcoin traded just below $80,000, […]
The decline of Bitcoin below $70,000 is perceived differently by long-time holders and new investors. The former feel uncertain, while the latter see an ‘opportunity,’ stated Bitwise CEO Hunter Horsley in an interview with CNBC. According to the executive, institutional players in the current situation ‘see prices they thought they had missed forever.’ Horsley acknowledged […]
In the coming months, the crypto market is expected to see an increase in project acquisitions by larger companies, potentially leading to a significant reduction in fragmentation. This view was expressed by Bullish CEO Tom Farley in an interview with CNBC. “I worked in the exchange sector during continuous large-scale consolidation. The same will begin […]