Author: Anthony M. Orbison

Bankrupt crypto exchange Mt. Gox has just shifted 11,501 Bitcoin in its third significant transaction in less than a month. Blockchain analytics firm Arkham Intelligence alerted the community of the transfer on March 25 on X, revealing the Japanese exchange had sent 893 Bitcoin (BTC) worth around $78 million at current prices to the Mt. Gox cold wallet (1Jbez) and another 10,608 Bitcoin, worth around $929 million, to another wallet, the Mt. Gox change wallet (1DcoA).Source: Arkham IntelligenceThe latest move comes after Mt. Gox shuffled a total of 12,000 Bitcoin worth over $1 billion on March 6 and another 11,833…

A massive Bitcoin whale wallet holding has just added $200 million worth of Bitcoin to its position after selling over 11,400 Bitcoin over the last few months — coinciding with a recent rebound for the original cryptocurrency. The Bitcoin (BTC) whale added 2,400 Bitcoin — worth over $200 million — to their stash on March 24, blockchain analytics firm Arkham Intelligence said in an X post.Data shared by the firm shows that despite some sales in February, after the latest purchase, the whale holds over 15,000 Bitcoin in its wallet, worth over $1.3 billion, at current prices. “A $1 billion Bitcoin…

Lava has developed a self-custodial Bitcoin borrowing platform. Unlike traditional crypto loan services that take custody of users’ assets (and sometimes engage in risky practices like rehypothecation), Lava is self-custodial and leverages native bitcoin smart contracts (DLCs) to enable a more secure borrowing experience. The platform’s primary product is the Lava Vault, available on mobile and desktop, which serves as a secure, self-custodial wallet and borrowing interface. It uses advanced security features, such as device-based secure chips for private key management and biometric/two-factor authentication, to ensure user funds remain safe. Lava also offers encrypted backups to mitigate the risk of…

Nostra, a lending protocol on Starknet, has paused borrowing for two liquid staking tokens after identifying a “critical issue” with its price feeds, the decentralized finance (DeFi) protocol said. On March 24, errors in Nostra’s price feed inflated the reported prices of xSTRK and sSTRK — two liquid staking derivatives of Starknet’s native STRK token — to approximately three times the tokens’ actual value, Nostra said in a post on the X platform.According to Nostra, “[s]uch an inflated price feed could have caused unnecessary liquidations of otherwise safe positions, resulting in users with healthy positions getting liquidated.” In response, the DeFi protocol…

On Friday, Maryland Delegate Adrian Boafo (D) and New York Assemblyman Clyde Vanel (D) sent a joint letter to Democratic Congressional leaders urging them to pass comprehensive crypto legislation at the federal level. In the letter, the elected officials cited New York State as being a leader in crypto regulation and proposed that New York’s BitLicense be used as a model for what federal crypto regulation should look like. The letter’s authors also noted that New York State has placed a two-year moratorium on proof-of-work cryptocurrency mining that uses fossil fuels (seemingly citing this as something else the federal government…

With an influx of geopolitical concern and economic uncertainty, a host of markets have failed to live up to high hopes entering the year. Yet that is beginning to turn around today. Among the resurgent assets is Bitcoin, which has climbed back to the $88,000 mark and has many pondering why the leading crypto is up so much today.The digital asset sector isn’t alone in its increase, as the US stock market is also up. Indeed, Tesla (TSLA), which has fallen for nine consecutive weeks, is up almost 10% on this Monday. The turnaround seems to have propelled BTC, as…

BNB Chain (BNB) has launched a $100 million program designed to bootstrap liquidity for its native projects on centralized exchanges (CEXs).The network is allocating $100 million in incentives, primarily in the form of its native BNB tokens, to projects that successfully list on any of 11 major CEXs specified by BNB Chain, according to a March 24 announcement.The program aims to “further enhance BNB Chain’s ecosystem liquidity and foster project growth by incentivizing exchanges to list native BNB Chain tokens,” the chain said in the statement. BNB Chain previously launched two smaller liquidity incentive programs, allocating two tranches of $4.4 million…

HK Asia Holdings (HKEX: 1723), soon to be renamed Moon Inc., has made history as the first publicly traded company in Greater China to adopt a Bitcoin treasury strategy. In a recent discussion hosted by Allen Helm of Bitcoin For Corporations, new CEO John Riggins outlined the company’s pivot, its regulatory alignment with Hong Kong, and the broader momentum building across Asia. Riggins, a longtime Bitcoin advocate with extensive experience across China and Southeast Asia, explained that the move was driven by both long-term conviction and a favorable shift in regulatory posture in Hong Kong. He said the company had…

North Korea has been making headlines in the cryptocurrency market. This comes after the recent Bybit hack. North Korea’s state-backed hacker group Lazarus has been active for years now. But the $1.4 billion attack on Bybit put the group under the crypto spotlight. The group was formed back in 2010 and has carried out several attacks since then. As a result, the cryptocurrency community began investigating the group’s Bitcoin (BTC) holdings.Also Read: Dogecoin: DOGE Primed For A 200% Surge: Here’s WhenHow Did North Korea Become One of The Largest Holders of BTC?Source: FDDEven though it was associated with the dark…

Bitcoin (BTC) rose 4.25% last week to close above $86,000, and the bulls extended the recovery above $88,700 on March 24. 10x Research founder Markus Thielen said in a March 23 report that Bitcoin’s reversal indicators had turned positive, suggesting a “renewed uptrend.”Buyers seem to be returning to the markets. According to SoSoValue data, US Spot Bitcoin exchange-traded funds (ETFs) witnessed net inflows of $744.4 million last week after recording five consecutive weeks of outflows. However, Ether ETFs could not replicate a similar performance as they witnessed a fourth successive week of net outflows.Daily cryptocurrency market performance. Source: Coin360Analysts are…