Category: Bitcoin
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Nearly 10% of Bitcoin Supply is ‘Structurally Unsafe’ from Quantum Computing: Glassnode
[ad_1] Nearly 10% of the total Bitcoin supply is considered “structurally unsafe” due to a quantum computing breakthrough, as their output type reveals the public key by design, regardless of address management practices, according to data analytics platform Glassnode. Totaling about 1.92 million Bitcoin (BTC), the group includes BTC from early Satoshi-era Pay-to-Public-Key (P2PK) outputs,…
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DOJ Says $10M Crypto Scheme Continued After Guilty Plea, Adding Victims
[ad_1] Key Takeaways Prosecutors said additional cryptocurrency investors lost money after Giri’s guilty plea was entered. Authorities linked the fraud scheme to more than $10 million in investor funds. Investigators said newer deposits were used to repay earlier participants in the operation. Ohio Crypto Fraud Scheme Leads to 9-Year Sentence A cryptocurrency investment fraud scheme…
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Bitcoin Depot, Operator Of 9,000+ ATMs, Files For Bankruptcy Protection
[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin Depot Inc, once the largest operator of Bitcoin ATMs in the world, watched its stock lose more than 40% in the week before Monday’s bankruptcy announcement, dragging the year-to-date loss to 67%. When the filing became public, the company’s shares,…
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Strategy Boosts Bitcoin Holdings With $2B Purchase
[ad_1] Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, made another massive BTC acquisition last week as the crypto asset hovered around $80,000. Strategy acquired 24,869 Bitcoin (BTC) for $2.01 billion between May 11 and 17, according Monday’s 8-K filing with the US Securities and Exchange Commission. Source: SEC The purchases were made at…
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China Confirms Participation in ‘First of Its Kind’ Anti-Pig Butchering Operation
[ad_1] Key Takeaways In Dubai, a U.S., UAE, and China coalition dismantled nine pig butchering scam centers, arresting 276 suspects. These scams cost $75B globally since 2020, though the FBI saved $500M in 2024 via Operation Level Up. China’s Ministry of Public Security hinted at an expanded collaboration to participate in joint crackdowns. China Collaborated…
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Bitcoin Short-Term Holder Basis Remains High Within Biggest Supply Cluster
[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A large pocket of Bitcoin supply is sitting just above the current market, and technical analysis shows that this area may decide the next major Bitcoin move. On-chain analysis by crypto analyst Sherlockwhale identifies the $84,000 to $88,000 zone as arguably…
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Spot Bitcoin ETFs Lose $1B in a Week, Ending Six-Week Inflow Streak
[ad_1] Spot Bitcoin exchange-traded funds (ETFs) recorded $1 billion in weekly net outflows, ending a six-week inflow streak that had drawn a combined $3.4 billion. The week started on a cautiously optimistic note, with Monday posting modest inflows of $27.29 million, according to data from SoSoValue. The tide turned sharply on Tuesday, when investors pulled…
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Strategy to Repurchase $1.5B in Notes, Says Bitcoin Sales Could Fund Deal – Bitcoin News
[ad_1] Key Takeaways Strategy agreed to repurchase about $1.5 billion of its 0% convertible notes. Funding options include cash reserves, securities-sale proceeds, and possible bitcoin sales. Cancellation of the notes would reduce outstanding debt after the transaction settles. Strategy Details $1.5 Billion Convertible Note Repurchase Plan On May 15, Strategy Inc. (Nasdaq: MSTR) announced on…
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Bitcoin Firm Nakamoto Surges In Revenue But Bleeds Cash In Q1
[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Nakamoto sold 284 Bitcoin on the last day of March just to keep the lights on. That detail, tucked inside the company’s first-quarter results released Wednesday, captures where the Bitcoin treasury firm stands heading into the second half of 2026 —…
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Bitcoin Rally Stalls at $80K as Capital Inflows Trail Prior Breakout Phases: Glassnode
[ad_1] Bitcoin (BTC) is struggling to enter a stronger breakout phase above $80,000, as capital inflows into the BTC market remain below levels seen in past bull runs. BTC futures traders are also staying cautious, while a growing number of investors who have held for the past six months may look to sell into key…