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🇬🇧 NOW: The Bank of England cut its interest rate by 25 bps to 3.75%, matching expectations.
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🇯🇵 Bank of Japan hikes rates 25 bps to 0.75%, its highest level in 30 years - Bloomberg
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🥷 One of the darkest chapters in early Bitcoin history In June 2011, a Bitcointalk user known as Allinvain lost 25,000 BTC in a single transaction — worth about $500,000 at the time and over $2.2 billion today. What happened: ▪️On June 13, 2011, 25,000 BTC were drained from his wallet in one move and never returned ▪️The coins were sent to a single address and later split and laundered ▪️The attack started with a compromised Slush Pool account, where payouts were redirected due to no 2FA ▪️The critical mistake: an unencrypted wallet.dat stored on a Windows PC with software from unknown sources ▪️Private keys were copied, and the funds were gone within seconds Outcome: ▪️A total of 25,033 BTC were eventually dispersed ▪️Only 0.004 BTC remained on the original address ▪️The attacker was never identified A brutal reminder of how unforgiving early Bitcoin security mistakes were.
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🚨 Big shift in crypto adoption US spot crypto ETFs have pulled in $70B+ in net inflows since Jan 2024. BTC, ETH — and now SOL & XRP — are proving that regulated ETFs are the main gateway for new capital. 📊 45% of ETF investors plan to buy crypto ETFs, now matching bond ETF interest.
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Coinbase has filed lawsuits in Connecticut, Illinois, and Michigan, challenging state efforts to regulate prediction markets. The exchange argues that prediction markets fall under the exclusive jurisdiction of the U.S. CFTC, not state gaming regulators, and says state-level restrictions unlawfully treat these markets as gambling.
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Coinbase files lawsuits in 3 states over attempts to regulate prediction markets The crypto exchange is taking legal action against Connecticut, Michigan and Illinois, Chief Legal Officer Paul Grewal wrote on X.
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