• Anchorage Digital Steps Back From USDG Leadership Amid Governance Shift
• MultiBank Group’s crypto arm mb.io brings Ghana gold on-chain with Kings Orbis, EON3 & Mavryk
• CoW DAO Approves Compensation Plan After Domain Hijacking, Claims Due May 14
• Huma Finance Says V1 Exploited, 101,400 USDC Stolen
• Ondo Brings Tokenized U.S. Stocks to Hyperliquid HyperEVM
• LM Funding America Sells 13.5 BTC, Holdings Drop to 334
• Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.21 Million Tokens, and Total Crypto and Total Cash Holdings of $13.4 Billion
• Ripple Prime Reportedly Lands $200M Debt Financing From Neuberger Berman
• Circle ARC Token Presale Claim Unverified as BlackRock, Apollo Join Testnet
• OKX to Launch XLEUSDT Perpetual Contract at 18:15 on May 11
Key Points:
- Bitcoin reaches a new record high.
- El Salvador adopts Bitcoin as legal tender.
- US DOJ uncovers massive Bitcoin fraud case.
The U.S. Department of Justice seized 127,000 stolen Bitcoins, tied to Chen Zhi’s 2020 LuBian mining pool hack, amid fraud and money laundering investigations.
This seizure underscores state-level cybercrime complexities, affecting Bitcoin’s price stability and raising questions about cryptocurrency’s vulnerability to institutional hacking.
Bitcoin Hits Record High: Surges Past $70,000
The cryptocurrency market sees a massive rally.
Bitcoin price skyrockets to an all-time high.
El Salvador’s Bitcoin Experiment: Success and Challenges
Did you know? Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto.
Mixed reactions as the country navigates Bitcoin adoption.
“Indictment unsealed charging Chen Zhi with wire fraud and money laundering, noting seizure of 127,000 BTC.” US DOJ Press Release
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