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South Korean Prosecutors Lose $48 Million in Bitcoin to Phishing Attack

Bitcoin

South Korean Prosecutors Lose $48 Million in Bitcoin to Phishing Attack

South Korean prosecutors lost approximately $47.7 million worth of Bitcoin through a phishing attack. According to Cointelegraph, the Gwangju District Prosecutors' Office discovered the theft during a routine inspection. The Bitcoin had been seized in a criminal case and was under government custody. An agency worker accessed a

By Albert Morgan Jan 23, 2026
Strive Asset Manager Plans $150 Million Stock Offering to Acquire Bitcoin and Reduce Debt

Bitcoin

Strive Asset Manager Plans $150 Million Stock Offering to Acquire Bitcoin and Reduce Debt

According to Cointelegraph, Strive plans to raise up to $150 million through a preferred stock offering announced Wednesday. The asset management firm was co-founded by former presidential candidate Vivek Ramaswamy in 2022. The company will sell shares of Variable Rate Series A Perpetual Preferred Stock under ticker SATA. Proceeds

By Albert Morgan Jan 22, 2026
Bitcoin Whales Accumulate $3.2 Billion While Retail Investors Sell

Bitcoin

Bitcoin Whales Accumulate $3.2 Billion While Retail Investors Sell

Cointelegraph reports that Bitcoin whales and sharks accumulated 36,322 BTC between January 10 and January 19, 2026. The purchase totaled $3.21 billion during this period. Santiment, a crypto sentiment platform, provided the data in an analysis posted on Tuesday. Bitcoin wallets holding between 10 and 10,000 coins

By Albert Morgan Jan 21, 2026
Strategy Surpasses 700,000 Bitcoin After Latest $2.1 Billion Purchase

Bitcoin

Strategy Surpasses 700,000 Bitcoin After Latest $2.1 Billion Purchase

Cointelegraph reports that Strategy purchased 22,305 Bitcoin for $2.13 billion during the week ending January 13, 2026. The acquisition was completed at an average price of $95,284 per coin. The company disclosed the transaction through a Securities and Exchange Commission filing on January 20, 2026. This purchase

By Albert Morgan Jan 20, 2026
Steak N Shake Reports $10 Million Bitcoin Treasury Growth

Bitcoin

Steak N Shake Reports $10 Million Bitcoin Treasury Growth

Steak 'n Shake announced on Friday that its Bitcoin corporate treasury increased by $10 million in notional value. According to Cointelegraph, the fast-food chain did not disclose its total Bitcoin holdings. The company also did not specify whether the gain came from price appreciation, customer payments, or additional

By Albert Morgan Jan 19, 2026
US Strategic Bitcoin Reserve Stalls Amid Interagency Legal Complications

Bitcoin

US Strategic Bitcoin Reserve Stalls Amid Interagency Legal Complications

Patrick Witt, director of the White House Crypto Council, confirmed that obscure legal provisions are delaying the US Strategic Bitcoin Reserve. According to Cointelegraph, Witt stated the Department of Justice and Office of Legal Counsel are working through complex regulatory issues. He noted the process seems straightforward but involves unclear

By Albert Morgan Jan 18, 2026
Michael Saylor Defends Bitcoin Treasury Companies Against Growing Criticism

Bitcoin

Michael Saylor Defends Bitcoin Treasury Companies Against Growing Criticism

Strategy chairman Michael Saylor defended Bitcoin treasury companies against criticism during an appearance on the What Bitcoin Did podcast. According to Cointelegraph, Saylor addressed concerns about smaller companies that issue equity or debt to purchase Bitcoin. He argued the decision comes down to capital allocation, stating companies with excess cash

By Albert Morgan Jan 17, 2026
KBC Bank Becomes First Belgian Institution to Launch Regulated Bitcoin and Ether Trading

Bitcoin

KBC Bank Becomes First Belgian Institution to Launch Regulated Bitcoin and Ether Trading

KBC, one of Belgium's largest banks, will launch Bitcoin and Ether trading for retail customers on February 16. According to Cointelegraph, the bank announced Thursday it would offer crypto trading through its Bolero investment platform. The service operates under the European Union's Markets in Crypto-Assets

By Albert Morgan Jan 16, 2026
Argentine Crypto Exchange Introduces Bitcoin Collateral Visa Card

Bitcoin

Argentine Crypto Exchange Introduces Bitcoin Collateral Visa Card

Cointelegraph reports that Lemon has introduced Argentina's first Bitcoin-backed Visa credit card. The Argentine crypto exchange launched the product on January 15, 2026. Users can now lock up Bitcoin as collateral to access peso credit lines. The card requires customers to deposit 0.01 BTC as collateral,

By Albert Morgan Jan 15, 2026
Bitcoin Four Year Cycle Breaks Down as 2026 Outlook Remains Uncertain

Bitcoin

Bitcoin Four Year Cycle Breaks Down as 2026 Outlook Remains Uncertain

According to Cointelegraph, crypto market maker Wintermute released a report stating that any recovery in 2026 depends on three specific outcomes. The firm analyzed 2025 market performance and found that Bitcoin's traditional four year cycle delivered a muted rally. The gains failed to spill over into the broader

By Albert Morgan Jan 14, 2026
Strategy Continues Bitcoin Accumulation With 13,627 BTC Purchase in January

Bitcoin

Strategy Continues Bitcoin Accumulation With 13,627 BTC Purchase in January

Strategy added 13,627 Bitcoin to its holdings last week in a $1.25 billion purchase. According to Cointelegraph, this represents the company's largest Bitcoin acquisition since July 2025. The purchase occurred between January 5 and January 12, 2026. The company disclosed the transaction in a Form 8-

By Albert Morgan Jan 12, 2026
Bitcoin ETFs Record $681 Million Outflows in First Week of 2026

Bitcoin

Bitcoin ETFs Record $681 Million Outflows in First Week of 2026

Spot Bitcoin exchange-traded funds recorded $681 million in net outflows during the first full trading week of 2026. Cointelegraph reported that the products experienced four consecutive days of redemptions between Tuesday and Friday. The largest single-day withdrawal occurred on Wednesday, when investors pulled $486 million from Bitcoin ETFs.

By Albert Morgan Jan 10, 2026
Babylon Bitcoin Staking Protocol Faces Code Vulnerability That Could Slow Block Production

Bitcoin

Babylon Bitcoin Staking Protocol Faces Code Vulnerability That Could Slow Block Production

According to Cointelegraph, Babylon disclosed a software vulnerability on Thursday that affects its Bitcoin staking protocol. The bug involves the BLS vote extension, which validators use to prove consensus on blocks. Malicious validators can intentionally omit the block hash field when sending vote extensions. This could cause validator crashes during

By Albert Morgan Jan 9, 2026
Florida Revives Bitcoin Reserve Legislation After Previous Legislative Failures

Bitcoin

Florida Revives Bitcoin Reserve Legislation After Previous Legislative Failures

Florida lawmakers filed a new Bitcoin reserve proposal on December 30, 2025. According to Cointelegraph, Republican Senator Joe Gruters sponsored Senate Bill 1038. The legislation would create a Florida Strategic Cryptocurrency Reserve under state control. The bill restricts eligible assets to cryptocurrencies maintaining an average market capitalization above $500 billion

By Albert Morgan Jan 8, 2026
Venezuela May Hold 600000 Bitcoin Worth 60 Billion But Analysts Find No Proof

Bitcoin

Venezuela May Hold 600000 Bitcoin Worth 60 Billion But Analysts Find No Proof

According to Cointelegraph, investigative journalist Bradley Hope presented a theory that Venezuela holds 600,000 Bitcoin worth approximately $60 billion. Hope published the claim on January 4, 2026 through the newsletter Whale Hunting. The theory suggests Venezuela converted gold reserves into Bitcoin over several years. Hope's report claims

By Albert Morgan Jan 7, 2026
Bitcoin Reaches New 2026 High While Trading Volume Hits Lowest Level Since Late 2023

Bitcoin

Bitcoin Reaches New 2026 High While Trading Volume Hits Lowest Level Since Late 2023

Bitcoin reached $94,026 on Bitstamp on January 6, 2026, according to Cointelegraph. This represents the highest level for the asset in nearly one month. The price movement occurred during Monday's Wall Street open. US stocks posted gains of approximately 1% at the time. The S&P

By Albert Morgan Jan 6, 2026
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