Happy Thursday!

In today's crypto landscape, significant headlines reveal the escalating tensions and challenges within the industry. The FBI has confirmed that North Korean hackers from the notorious Lazarus Group orchestrated a staggering $1.5 billion theft from Bybit, marking one of the largest heists in crypto history. Meanwhile, Binance is pushing back against claims of dumping Ethereum and Solana, asserting its role as a neutral trade facilitator. Investor sentiment is also shifting, as Bitcoin ETFs face record outflows of nearly $938 million, driven by growing unease among stakeholders. On a more proactive note, Oklahoma is advancing legislation to adopt Bitcoin reserves, while other states remain hesitant. Stay tuned for more insights on these developments!

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The global crypto market cap is $2.83 trillion, with a 24-hour volume of $152.35 billion. The price of Bitcoin is $85,605.53, and BTC market dominance is 59.8%. The price of Ethereum is $2,326.17, and ETH market dominance is 9.9%. The best-performing sector is Adult, which gained 18%. The Crypto Fear & Greed Index is currently Extreme Fear (10).

FBI confirms North Korea-backed Lazarus hackers stole $1.5 billion from Bybit

FBI tracks Ethereum laundering spree by North Korean hackers amid rising threat of cyber warfare in the crypto world.

📰 Top News

Binance denies claims of dumping Ethereum and Solana

Binance emphasized its neutral role in facilitating trades rather than participating in large-scale token sales.

Bitcoin ETFs witness record $937.9 million outflow amid investor unease

Fidelity and BlackRock led the historic Bitcoin ETF outflow.

Oklahoma advances Bitcoin reserve legislation as other states pause

With a 12-2 vote, Oklahoma edges closer to adopting Bitcoin, while some states remain cautious.

📈 Latest Insights

• Bitcoin price dip sees short-term holders exiting with $1.7 billion in realized losses

• BlackRock’s iShares Bitcoin Trust sees record single-day outflow of $418 million amid sector sell-off

• Chances of Bitcoin bear market ‘not large’ though analysts eye $76,000 support

• Pump Fun activity plummets as Solana memecoin mania appears over

🗞️ More News

• Tron founder Justin Sun and SEC seek time-out for potential resolution

• Bybit exploit tied to Safe developer machine vulnerability

• US financial giants Bank of America look to enter stablecoin market as PayPal advances PYUSD

• Circle CEO says US dollar-pegged stablecoins should be registered in the US