Stablecoin Bank Infini Hacked—Attacker Drains $49M USDC in Admin Breach

Infini, a burgeoning neobank, has lost $49 million in USDC due to a security breach stemming from a smart contract developer’s admin access. The exploit, which targeted Infini’s high-yield stablecoin products, bears similarities to previous attacks attributed to the Lazarus Group, raising concerns about potential North Korean involvement. The threat of online theft has returned … Read more

Michael Saylor hints at another major Bitcoin buy

Strategy eyes major Bitcoin purchase amid growing institutional backing and market speculation. Saylor urges the U.S. to secure 20% of global Bitcoin for economic dominance. Michael Saylor’s Bitcoin [BTC]-focused firm, now known simply as Strategy (formerly MicroStrategy), appears to be preparing for another substantial BTC acquisition. Speculation around this potential move gained traction after Saylor, … Read more

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Strategy Nears Half-Million Bitcoin Custody Milestone With New $1.99 Billion Acquisition

On Monday, Michael Saylor, CEO of enterprise analytics firm Strategy (formerly Microstrategy), revealed the company procured 20,356 bitcoin for $1.99 billion. Michael Saylor’s Strategy Adds 20,356 Bitcoin to Portfolio Amid Market Fluctuations The transaction marks Strategy’s latest expansion of its cryptocurrency portfolio since its prior purchase on Feb. 10. In a post to X, Saylor … Read more