Category: Bitcoin News

South Korea Sells 321 BTC Recovered From Phishing Attack

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Authorities sold the recovered Bitcoin in small batches over 11 days to avoid disrupting the market, according to local media reports. South Korean prosecutors have sold 320.8 Bitcoin recovered after a phishing incident temporarily removed the crypto from government custody. The Gwangju District Prosecutors’ Office said it sold 320.8 Bitcoin (BTC) at market prices and transferred 31.59 billion Korean won (about $21.5 million) to the national treasury, The Chosun Ilbo reported Tuesday. Authorities reportedly sold the Bitcoin in small batches over 11 days between Feb. 24 and March 6 to…

Ethereum ‘Ultrasound Money’ Pivot Did Not Help ETH Price Beat Bitcoin

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Ether (ETH) has dropped roughly 65% against Bitcoin (BTC) since Ethereum’s 2022 shift to Proof-of-Stake (PoS), casting doubt on the network’s “ultrasound money” thesis. Key takeaways: ETH/BTC three-day performance chart. Source: TradingView Ether’s ultrasound money narrative disappoints The idea behind “ultrasound money” was that Ether would become even scarcer than Bitcoin. Supporters argued that Ethereum’s 2021 EIP-1559 upgrade, which began burning a portion of transaction fees, combined with the sharp decline in new ETH issuance following the 2022 Merge, would make Ether deflationary over time. ETH’s new annual supply rate…

Tokenized Stocks Surpass $1 Billion as Ondo and xStocks Lead Market

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Tokenized stocks have surpassed $1 billion in total value on-chain, marking a new milestone for the fast-growing real-world asset (RWA) sector. Data from RWA.xyz shows the value of tokenized equities climbing past the $1 billion mark, as platforms offering blockchain-based exposure to traditional stocks attract more trading activity and liquidity. Much of that activity is concentrated among a small number of players. RWA.xyz data and a report released Tuesday by Foresight Ventures show Ondo as the largest tokenized stock platform by value, while xStocks products account for another significant share…

Blackstone-Owned AirTrunk Secures $1.24B Loan for Tokyo AI Data Center

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Hyperscale data center operator AirTrunk has secured a 191.6 billion Japanese yen ($1.24 billion) green loan to refinance and expand its TOK1 data center campus in the greater Tokyo area, marking what it described as the largest data center financing completed in Japan. The loan will support the next development phases of the TOK1 campus, which is designed to scale beyond 300 megawatts (MW) of capacity, the company, which is owned by a consortium led by Blackstone and CPP Investments, announced on Tuesday. The expansion is intended to meet rising…

Vitalik Buterin Envisions One-Click Institutional Staking

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Ethereum co-founder Vitalik Buterin has revealed the Ethereum Foundation used a simplified distributed validator technology called DVT-lite to stake 72,000 Ether in February, tech he says could make staking for institutions much easier. “My hope for this project is that in the process, we can make it maximally easy and one-click to do distributed staking for institutions,” said Buterin on X on Monday. Buterin explained that with DVT-lite, users can “choose which computers run their nodes, make a config file where they all have the same key, and then from…

Bhutan Transfers $11.8M in Bitcoin for Possible Sale: Arkham

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Bhutan, one of the world’s largest nation-state Bitcoin holders, has just moved 175 Bitcoin from its main holding address as cryptocurrency markets posted modest gains on Monday. Data from the blockchain analytics platform Arkham shows that the South Asian country moved $11.85 million worth of BTC to an address created a month ago, which had previously received 184 Bitcoin from the government. The 175 Bitcoin are still at the address as of Tuesday, according to blockchain data. However, the previous transfer of 184 was sent to a third address, which…

Institutions Chalked Up $540M Worth of SOL ETFs in Q4

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Investment advisors were the biggest buyers of the US-based spot Solana ETFs at over $270 million, while hedge fund managers came in next at $186 million. Silicon Valley-based venture capital firm Electric Capital Partners and investment bank Goldman Sachs were the two largest buyers of spot Solana exchange-traded funds, which launched for trading in the US in October last year. Data shared by Bloomberg ETF analyst James Seyffart on Monday shows that the top 30 institutional holders of US spot Solana (SOL) exchange-traded funds bought over $540 million worth of…

Sharplink Reiterates Ether Conviction Despite 2025 Market Sell-Off

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​Ethereum treasury company Sharplink has reported a $734.6 million net loss for 2025 due to a crypto market decline in the second half of the year. The firm posted its financial results for the year on Monday, revealing that its full-year net loss was primarily driven by a $616.2 million paper loss on the 868,699 Ether (ETH) it has accumulated to date. Adding to its losses was a $140.2 million impairment charge related to converting its staked Ether. Ethereum saw rocky performance in the second half of 2025. While its…

Gondi Disables Smart Contract Bug After $230K Exploit

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Nonfungible token platform Gondi said it has disabled the faulty smart contract that allowed a hacker to steal $230,000 worth of NFTs from the protocol, adding it is now in the process of compensating affected customers. Gondi said in an X post on Monday that the hacker exploited the “Sell & Repay” contract, which lets borrowers sell escrowed NFTs and automatically repay loans on the platform. Gondi noted that an updated version of that contract was deployed on Feb. 20 but didn’t confirm how the hacker managed to exploit it.…

US Banking Group Weighs OCC Lawsuit Over Crypto Trust Charters

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A US trade group made up of some of the country’s biggest banks is reportedly considering suing the Office of the Comptroller of the Currency (OCC), arguing that granting crypto firms bank charters could put Americans and the financial system at risk.  According to a report on Monday by The Guardian, citing a “source familiar with the lobby’s thinking,” the Bank Policy Institute (BPI) is weighing legal options after the OCC failed to heed warnings from banking groups over its reinterpretation of federal licensing rules. In December, the OCC granted…