BitMEX faces Celsius lawsuit ahead of exchange closure
The Celsius estate alleges BitMEX wrongfully liquidated and seized 6,360 BTC, worth nearly $490 million, during the March 2020 market crash.…
Celsius sues BitMEX for $495 million over 2020 crash liquidations
The estate is chasing 6,360 BTC lost in the Covid crash — a leveraged long position that sits awkwardly with the lender's deltaneutral marketing.…
Bitcoin Coinbase Premium hits monthly low as CLARITY Act vote squeezes US demand
Bitcoin exchange demand on Coinbase declined after the US Senate voted against the CLARITY Act, while traders sent BTC to exchanges at an unrealized loss.…
A hacker turned 25 cents of bitcoin into 46 billion fake BTC tokens on a DeFi bridge
Two software bugs allowed the attacker to create more than 2,000 times Bitcoin’s maximum supply in unbacked syBTC. Symbiosis puts preliminary losses at 9.97…
Nigel Farage-backed Stack BTC eyes $16 million gold dealer deal to fund bitcoin buy
The proposed acquisition would use cash flow from precious metals sales to build bitcoin holdings. Source:CoinDesk
Bitcoin short-term holders hit 30-day profit streak as bull-market odds improve: CryptoQuant
Bitcoin shortterm holders approached a full month in partial profit as analysis saw improving odds of an enduring bullish BTC price reversal.…
Strive adds 469 Bitcoin to reach 25,000 BTC treasury
Strive’s latest Bitcoin purchase was funded entirely through its SATA preferred stock as the company continues its rapid climb among corporate BTC holders.…
Bitmine adds $68 million in ether as Tom Lee sees more upside catalysts ahead
The Ethereum treasury firm is closing in on its 5% accumulation goal as Lee points to a rising ETHBTC ratio and institutional demand. Source:CoinDesk
Symbiosis says recovered 15 BTC from bridge hack, offers 20% bounty
Symbiosis is offering a 20% bounty for information leading to asset recovery after the hacker refused to return the stolen funds for the same whitehat bounty.…
Bitcoin ETFs shed $463M in weekly reversal as Ether ETFs gain $197M
ARKB, GBTC and IBIT led Bitcoin ETF withdrawals, while BlackRock’s ETHA pushed Ether ETFs into weekly inflows. Source:Cointelegraph
Blockstream rejects ransom as Liquid hackers hold nearly 600 BTC
Blockstream said it would work with law enforcement, exchanges and forensic specialists to recover the Bitcoin if the hackers do not return it.…
Bitcoin sell-side risk returns to rare lows as $80K sellers fade from view
Bitcoin investors showed little sign of panic selling as BTC held most of its August gains and sellside risk fell to rare lows, data showed.…