German Government Misses Out on $2.3 Billion by Panic-Selling Bitcoin Too Early
The German government sold nearly 50k bitcoins in the months of June and July at a price of $49,858 missing out on approximately $2.35 billion returns by Nov 2024.

The German government sold nearly 50k bitcoins in the months of June and July at a price of $49,858 missing out on approximately $2.35 billion returns by Nov 2024.
A retired artist Ed Suman, lost all of his entire crypto nest egg-worth more than $2 million-after falling victim to an elaborate phishing scheme involving scammers posing as Coinbase support representatives.
Méliuz became the first public company in Brazil to adopt Bitcoin as a main part of its business, buying 274.52 BTC for $28.4 million after shareholder approval. Since its first Bitcoin purchase in March, its share price has more than doubled.
A famous 1515 rhinoceros artwork by Albrecht Dürer has been turned into 11 silver sculptures by Asprey Studio and the British Museum, each linked to a digital record on the Bitcoin blockchain. The digital inscription proves ownership and connects the sculpture to its makers, combining old craftsmanship with new technology.
The bosses of crypto lender Cred have admitted in court to lying to customers about the company's financial problems. This deception led to the firm collapsing and investors losing a large amount of their digital money.
Tether bought $459 million worth of Bitcoin to support the launch of Twenty One Capital, a new investment firm preparing to go public. The company now holds over 36,000 BTC and plans to expand further after merging with Cantor Equity Partners.
BlackRock has highlighted quantum computing as a potential long-term threat to Bitcoin's security in its latest regulatory filing. Despite this caution, Bitcoin ETFs continue to see strong investor interest, with over \$41 billion in net flows since their launch.
New York City will host its first-ever Crypto Summit on 20 May as Mayor Eric Adams pushes to make the city a global leader in blockchain and digital assets. The event comes as Adams doubles down on crypto-friendly policies ahead of his 2025 re-election campaign.
American Bitcoin, co-founded by Eric Trump, will go public through a merger with Gryphon Digital Mining, expected to close by Q3 2025. The newly formed company will be listed on the Nasdaq under the ticker "ABTC" and aims to expand Bitcoin mining in the US.
Arizona has passed a new law allowing the state to take control of unclaimed cryptocurrency after three years. The assets will be managed in a reserve fund, with profits made through staking and airdrops—without using taxpayer money.
This article explains in detail what is isomorphic binding and why the RGB++ protocol is considered extremely secure.
Recently, the Blink application in the Solana ecosystem has risen rapidly, and its ability to embed on-chain operations on Twitter has attracted widespread attention.
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Major changes to Berachain’s consensus mechanism, token economics model, and its unique ecosystem.
OpenAI’s reassignment of Aleksander Madry, its head of AI safety, to a new role focusing on AI reasoning has raised concerns about its commitment to safety. This change comes amid increasing scrutiny from lawmakers and ongoing investigations into the company's practices.
Bitfinex encountered a minor phishing attack, reassuring users of their security measures while resolving the issue and collaborating with law enforcement for a comprehensive investigation.
By establishing AI safety standards, prioritising privacy, and fostering global collaboration, this directive aims to ensure the ethical development of AI.
Rapid advances in artificial intelligence create unique safety challenges. Can skills and approaches honed by the crypto community help make AI safe for humanity?
Coinbase says it is improving the safety and user experience of its Wallet app.
Can age restrictions exist on the blockchain? Or would implementing restrictions in the metaverse go against the core values of Web3 in the first place?