
BlockonomiCircle Internet Group is facing a class action lawsuit after a reported $280 million exploit of Drift Protocol on April 1, according to the complaint filed in Massachusetts district court by investor Joshua McCollum on behalf of more than 100 members. Allegations tied to a $230 million USDC transfer The…

ZycryptoThe tiny Himalayan kingdom of Bhutan has sold another batch of Bitcoin worth $18 million, according to on-chain intelligence firm Arkham. The country, once celebrated as a crypto powerhouse and an emerging mining destination, has offloaded a large portion of its mining-related holdings, totaling $198 million to date. There is…

CoinpaperThe Royal Government of Bhutan transferred about 250 BTC, valued at approximately $18.46 million, over the past 24 hours, according to data cited from Arkham. The transactions included 162 BTC and 69.7 BTC sent to new wallet addresses within a short period, extending a broader reduction in Bhutan’s publicly tracked…

Crypto EconomyThe Royal Government of Bhutan transferred 250 BTC, valued at approximately $18.46 million, to a newly created wallet on April 13, according to data from blockchain analytics platform Arkham. The move is part of a broader series of outflows that have cut the country’s publicly known holdings by more than…

AMBCryptoThe Kingdom of Bhutan has reduced its Bitcoin exposure by about 70% over the past few months, according to data cited from Arkham. The latest reported activity shows the country offloaded $18 million worth of BTC (250 coins) on April 10, following a prior sell-off of 319.7 BTC worth more…

BitcoinThe U.S. government moved roughly 2.44 BTC, valued at more than $177,000, from seized proceeds linked to a federal steroid trafficking and money laundering case to a Coinbase Prime institutional custody address on Friday. Key Takeaways: - The U.S. government sent approximately 2.44 BTC, valued at more than $177,000, linked…

FinboldThe Kingdom of Bhutan continues to offload a significant share of its Bitcoin holdings, with reserves now almost depleted. Data tracked by Arkham Intelligence shows the government has reduced its Bitcoin holdings by more than 70% in under two years. Reserves decline and scale of sales Bhutan’s Bitcoin reserves have…

BlockonomiA Bitcoin developer has created a working prototype intended to protect wallet holders if quantum computers ever threaten the network’s core cryptography. The solution was posted by Olaoluwa Osuntokun, CTO of Lightning Labs, to the Bitcoin developer mailing list. Quantum threat to Bitcoin wallet security Bitcoin wallets rely on elliptic…