Trump Media’s bitcoin stash may be down to loan collateral after $165 million BTC move

Trump Media’s discretionary bitcoin position is effectively gone. Wallets attributed to the Truth Social parent moved 2,628 bitcoin, worth about $165 million, to Crypto.com in two transactions Saturday, per Arkham data. That leaves roughly 4,261 bitcoin in the tagged addresses, about $268 million with bitcoin near $63,000. Trump Media’s first-quarter filing put 4,260.73 bitcoin under […]

Bitcoin whales pull 2,957 BTC off Kraken – Is a supply squeeze ahead?

Whale Alert reported two major Bitcoin transfers from Kraken totaling 2,957 Bitcoin [$BTC], worth approximately $186.6 million, into unknown wallets. The first transaction moved 1,800 $BTC valued at $113.56 million, while the second transferred 1,157 $BTC worth $73.06 million. Such withdrawals historically reflected coins leaving exchange custody, reducing immediately available trading supply instead of preparing […]

A New Wave Has Begun at Coldcard, One of the Largest Bitcoin Wallet Hacks in Recent Times—The Losses Are Mounting

Galaxy Research announced the detection of a third wave of attacks believed to target addresses created on Coldcard devices. The latest wave reportedly resulted in the withdrawal of 207.7294 $BTC, bringing the total loss to 1,367.05 $BTC, or approximately $88.6 million, across 4,585 addresses. According to the research firm, the first two waves of attacks […]