JUST IN: 🇬🇧 UK public company Coinsilium Group raises £1.2 | FormulaCryptoUpdates on Binance Square

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JUST IN: 🇬🇧 UK public company Coinsilium Group raises £1.25 million to adopt a Bitcoin treasury strategy. 

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The interpretation of Binance X Platform 's Post Vs Pi Network Today, Binance made a post on X Platform with a photo full of Pi π symbols. The post reads: "This is what happens when devs touch art with 0 design sense." Some people interpreted this to mean that Binance is insulting or mocking Pi Network. Personally, I don't think so. How can Binance use its communication channel to mock another crypto organization. What Binance appears to be saying is that the developers behind the building of Pi Network have done the job with great ingenuity it appears it is an effortless job.

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Ark Invest buys $9.4 million worth of eToro shares on Nasdaq debut, sells own Bitcoin ETF Cathie Wood's Ark Invest scooped up $9.4 million in eToro shares on its Nasdaq debut on Wednesday, continuing a strategy of backing crypto-related firms at IPO, as it did with Coinbase in 2021. eToro saw a 29% jump in its share price on its first day of trading as a public company under the ticker ETOR, closing at $67. That followed an upsized initial public offering that priced shares at $52 each, reflecting stronger-than-expected demand. Alongside the eToro buy, Ark sold off a total of $7.9 million worth of its own U.S. spot Bitcoin ETF (ARKB) from two of its funds, though it remains among their top holdings. Meanwhile, the investment firm also picked up $7.6 million worth of 3IQ's Toronto-listed Solana staking ETF and sold 14,390 shares in Jack Dorsey's Block as it rebalanced its fund weightings.

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Blockchain firm BTCS pursues $57.8 million raise to buy ETH Nasdaq-listed BTCS plans to issue up to $57.8 million in convertible notes through a facility agreed with investment firm ATW Partners to accumulate ETH, calling it a "critical inflection point" for the asset. The firm has already issued its first tranche of notes, worth $7.8 million, and may raise the additional $50 million pending mutual agreement between the parties. BTCS Chairman and CEO Charles Allen personally backed the move with $95,000 of his own funds, with an additional $200,000 invested by a trust of which he is a beneficiary. "By increasing ETH holdings, BTCS aims to deploy additional validators, expand staking rewards, and further optimize block production economics," the firm said, describing ETH as a core part of its revenue generation strategy.

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Coinbase launched a $20 million bounty for information that leads to the identification and conviction of attackers who tried to extort the crypto exchange for the same amount by threatening to leak stolen customer data. Hackers allegedly bribed offshore support staff to access personal user data — affecting roughly 1% of monthly transacting Coinbase users. Coinbase said the rogue employees behind the breach were immediately fired upon discovery. However, the company did not disclose when the leak occurred or how many staffers were involved. The attackers then demanded $20 million in bitcoin, threatening to leak names, addresses, and government IDs of customers online, which they potentially also used to trick Coinbase clients in rampant social engineering campaigns. However, "no passwords, private keys, or funds were exposed, and Coinbase Prime accounts are untouched," the crypto exchange confirmed. Coinbase refused to pay the ransom, reported the incident to law enforcement, turned the tables on the hackers by offering the bounty, and pledged to reimburse impacted users. In a subsequent filing with the SEC on Thursday, Coinbase estimated the breach could cost between $180 million and $400 million in remediation and voluntary reimbursements. The breach confirmation sparked mixed reactions in the crypto community, with some praising Coinbase's transparency and others criticizing its delayed disclosure. Meanwhile, the SEC has been investigating whether Coinbase misstated its user numbers in past disclosures, The New York Times reported on Thursday

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Robert Kiyosaki explains why most people do not get rich I do not know if you know Robert Kiyosaki. He is the author of the bestselling book "Rich Dad Poor Dad". I highly recommend buying it. When asked in one of many Interviews why most people do not become rich in life, Robert Kiyosaki told them this (Robert T. Kiyosaki quotes money): “Money is like a wheelbarrow. Nothing happens until you start pushing.” “Money is just an idea.” “The moment you make passive income and portfolio income a part of your life, your life will change. Those words will become flesh. “The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left.” I wish with all my heart that you will be one of those that recognize the right opportunities in your life and will fulfill them.

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