Michael Saylor's Strategy acquired nearly 14,000 Bitcoin for $1 billion, funded through STRC share sales, bringing its total holdings to 780,897 BTC. This move positions Strategy as a major player in the Bitcoin market, nearing the holdings of BlackRock's ETF.
A security breach in the Hyperbridge connecting Polkadot and Ethereum allowed a hacker to mint $1.1 billion in DOT tokens, though only $237,000 was cashed out due to liquidity constraints. This incident highlights ongoing vulnerabilities in cross-chain bridges and the need for improved security measures.
Bitmine has increased its Ether holdings to approximately 4.87 million ETH, accounting for 4% of the total supply, as part of its expanded staking strategy. This significant acquisition underscores Bitmine's commitment to Ethereum and its potential influence on the network.
Kraken has reported an extortion attempt following unauthorized access to client data affecting about 2,000 user accounts. The exchange has stated it will not negotiate with the perpetrators, highlighting ongoing security challenges within the crypto industry.