US investment banking giant Morgan Stanley has reported a rise in crypto fund positions in the second quarter, with notable increases in holdings of BlackRock’s
Category: Bitcoin
Norwegian Sovereign Wealth Fund Buys Bitcoin, Increasing Exposure by 21.2% in Half-Year
The Norwegian Sovereign Wealth Fund has increased its indirect bitcoin holdings to 11,549 BTC, worth $725 million. The move marks six consecutive years of increased
Hyperscale Data Sells Bitcoin for $43 Million Amid Mining Pivots
CEO Milton “Todd” Ault III of Hyperscale Data has announced the sale of approximately 685 bitcoins, valued at about $43 million. This decision reduces the
Bitcoin BTC fell below $63,000, dropping 1.14% since midnight UTC, as spot exchange-traded funds (ETFs) continued to see outflows and the crypto market lacked key bullish catalysts. Bitcoin ETFs experienced their second consecutive day of outflows with a total of $192 million exiting products, according to data from SoSoValue.
The drop comes on the heels of U.S. producer price inflation data easing to 4.7%, below expectations. This led to increased gains in equities and
Situational Awareness Invests $400 Million Days After Hedge Fund Nearly Collapses
July, [current year] Tuesday Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, has reportedly invested another $400 million in an undisclosed
Galaxy Research Update: Fourth Wave Suspected, Total Losses Could Exceed $130 Million
Galaxy Digital’s research arm updated on the status of a major Bitcoin theft incident. Galaxy confirmed that losses from three previous attacks had exceeded $100
Galaxy Research Warns of New Wave of Coldcard Bitcoin Theft Attacks
Hundreds of transactions have impacted 709 potential victim addresses, moving 448.7 Bitcoin since Thursday, according to Galaxy research head Alex Thorn. Activity averages 13.8 sweeps
SEC Cancels Proposed “Regulation Crypto” Meeting
The U.S. Securities and Exchange Commission (SEC) announced its decision to cancel a planned Friday meeting intended for proposing “Regulation Crypto,” a significant regulatory proposal
Coldcard Wallet Users Lose $90M Bitcoin in Cold Storage Attack
Coldcard wallet users reported a loss of $90 million from their Bitcoin holdings stored offline, leading to an increase in transfers on centralized exchanges and
Tether Completes First Full Financial Audit
Blockchain company Tether has announced the completion of its first full financial audit, conducted by KPMG U.S., one of the “Big Four” accounting firms. The
