Figure Technology Experiences Data Breach, Compromising Customer Personal Information
ShinyHunters hackers leaked user data after a social-engineering attack on a Figure employee and the company reportedly refused to pay a ransom.
Today's Highlights: South Korean Police Misplace Seized Bitcoin, Failed Home Invasion Targets Binance France Executive, and Other Key News
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Tether Expands Investment in Hyperliquid's Dreamcash, Launching Perpetual Markets for TSLA, Gold, and More with USDT0 Collateral
Dreamcash said Tether made a strategic investment in the project in the wake of its 10 RWA perps deployments.
CryptoQuant Predicts Bitcoin's Ultimate Bear Market Bottom to Be Approximately $55,000
CQ said bitcoin has not reached full capitulation yet, as key onchain indicators remain in a Bear Phase rather than the Extreme Bear Phase.
Solana Company Sees 17% Surge in Shares Following Launch of Borrowing Against Staked SOL Assets
Solana treasury companies are starting to turn to staking income and on-chain financing tools as lower SOL prices pressure balance sheets and share prices.
Grayscale Files to Transform AAVE Token Trust into an ETF for Listing on NYSE Arca
Crypto asset manager Grayscale is looking to convert its closed-ended AAVE trust into an exchange-traded fund.
X to Introduce Innovative Smart Cashtags for In-Timeline Crypto and Stock Trading in Just a Few Weeks
Bier also promised forthcoming efforts to cut down on spam posts and apps on X, a stance which has sometimes drawn the ire of crypto traders.
22 Bitcoin Valued at $1.5 Million Disappear from Police Custody in Seoul
The loss was uncovered during an audit launched after a separate 320 Bitcoin custody failure, raising fresh concerns over digital asset management by authorities.
Crypto CEO Sentenced to 20 Years for orchestrating $200 Million Bitcoin Ponzi Scheme
A federal judge sentenced PGI founder Ramil Palafox to 20 years in prison for running a Bitcoin Ponzi scheme that raised over $200 million from customers between 2019 and 2021.
Bitcoin Remains Cautious Below $70,000 as Limited Demand Caps Its Growth, Experts Warn
Analysts expect bitcoin to continue to range between $60,000 and $72,000 as overhead supply and institutional outflows cap rallies.
Kalshi Partners with Game Point for Sports Hedging Following Record-Breaking $1 Billion Super Bowl Trading
Kalshi has partnered with Game Point Capital for sports hedging as its Super Bowl trading topped $1 billion, and January volume surged.
Bitcoin ETFs Experience $410 Million Outflow as Standard Chartered Reduces BTC Price Target
US spot Bitcoin ETFs are on track for a fourth consecutive week of losses as Standard Chartered cut its 2026 Bitcoin target to $100,000.