EthereumBitMine Hits 5 Million ETH Despite $6.5B in Unrealized Losses
BitMine bought 101,901 ETH in one week, reaching 5.08M total. Unrealized losses top $6.5B yet the company keeps buying and staking Ethereum.
EthereumBitMine bought 101,901 ETH in one week, reaching 5.08M total. Unrealized losses top $6.5B yet the company keeps buying and staking Ethereum.
SecurityFrench authorities charged 88 people over 12 crypto wrench attacks. Suspects include minors and repeat offenders involved in multiple incidents.
InstitutionalJapan-listed Metaplanet raised $50M via zero-interest bonds from EVO FUND to expand its Bitcoin treasury, continuing its Strategy-style BTC accumulation.
BitcoinStrategy bought 34,164 Bitcoin for $2.54 billion in its third-largest purchase ever. Total holdings now stand at 815,061 BTC acquired for $61.56 billion.
RegulationPoland's parliament again failed to override the presidential veto on crypto regulation. The country remains the only EU state without MiCA implementation.
InstitutionalKraken parent Payward agreed to buy derivatives platform Bitnomial for $550M. The deal gives Kraken all three CFTC licenses for crypto derivatives in the US.
InstitutionalCharles Schwab, the US brokerage with $12.22 trillion in client assets, rolls out direct spot Bitcoin and Ethereum trading for retail investors through Paxos.
InstitutionaleToro agreed to acquire self-custodial wallet Zengo for about $70M. CEO Yoni Assia predicts Bitcoin will eventually reach $250,000 and beyond.
StablecoinsTether launched tether.wallet on April 14 - a self-custodial app for USDT, Bitcoin and gold-backed XAUT with email-style addresses and cloud key backup.