The Central Bank of Saudi Arabia has disclosed information about its stake in the company Strategy (formerly MicroStrategy), indirectly associating itself with Bitcoin - the largest cryptocurrency in the world. The bank reported ownership of 25,656 shares of Strategy, a company widely known for its aggressive accumulation of Bitcoin under the leadership of Executive Chairman Michael Saylor. Currently, Strategy owns 568,840 BTC, valued at approximately $68 billion, making it the largest institutional holder of Bitcoin in the world. This move effectively positions the Central Bank of Saudi Arabia, also known as the Saudi Arabian Monetary Authority (SAMA), among a small but growing list of state financial institutions that have indirect or direct involvement with crypto assets. #MicroStrategy
Cardano founder Charles Hoskinson wants to create a private stablecoin that will meet regulatory requirements. In the eToro podcast "Conversations with Leaders," Hoskinson voiced the main problem with stablecoins — they can be tracked. According to him, users do not want this. Therefore, Cardano may introduce a "stable" coin with a level of privacy that fiat offers. #CharlesHoskinson
The bankrupt cryptocurrency exchange FTX will distribute over $5 billion among creditors. This will become one of the largest one-time payments in the history of the crypto industry. Analysts believe that this event could trigger a rally in the altcoin market. Creditors whose claims were confirmed as of April 11, 2025, will be able to receive payment from FTX. They needed to go through the 'Know Your Customer' (KYC) procedure, provide tax forms, and choose a provider to process the payment. #FTX
Altcoins are actively being withdrawn from Binance — a sign of accumulation. According to the Binance Netflow heatmap, the largest outflows are observed in ENJ, SLP, FET, AMP, ETH, CRV, BNT, 1INCH, GHST, GTC, YGG, LINK, ANKR, ALICE, MKR, SNX, ZRX, DODO, and OGN. Especially noteworthy is ETH: despite the volatility of recent months, traders continue to accumulate it, which reduces the exchange's reserves and enhances the potential for price growth.
The memecoin associated with the name of Eric Trump turned out to be a scam: its capitalization collapsed from $160 million to $30,000 almost instantly. Despite numerous warnings from analysts and clear signs of a fraudulent scheme, investors continued to invest in the token ERICTRUMP, named after the son of the President of the United States. At one point, its value collapsed almost to zero, leaving holders with huge losses. #EricTrumpCrypto
The Mayor of Panama, Mayer Mizrachi, hinted at the creation of a Bitcoin reserve after meeting with Salvadoran officials Max Keiser and Stacy Herbert. #BTC
Hackers of Coinbase stole the personal data of Sequoia Capital managing partner Roelof Botha, including phone number, address, and account information. #coinbase #SequalaCapital
The government of the island of Tinian (Northern Mariana Islands, a territory of the USA) has announced the launch of its own stablecoin on the eCash blockchain. #eCash
MetaMask co-founder Dan Finley confirmed that the project team is considering the possibility of releasing its own token. He noted that while there are no specific timelines or details yet, the idea of creating a token remains relevant and is being discussed within the company. #MetaMask
Major cryptocurrency exchanges Binance and Kraken successfully repelled the same type of hacker attack using social engineering that was recently identified at Coinbase Global Inc. This information was provided by Bloomberg citing sources who wished to remain anonymous. Both digital platforms successfully thwarted the attacks, ensuring the safety of customer data, according to the sources. Representatives from Binance and Kraken declined to comment on the cybersecurity issue. Numerous exchanges, including Bybit, Bitfinex, and FTX, have lost billions over the years due to hackers. Binance and Kraken faced attacks similar to the one encountered by Coinbase. However, their internal policies and technologies successfully prevented these attacks, the sources added. Reports suggest that Binance encountered fraudsters attempting to bribe customer support agents, and a contact in Telegram was provided to communicate with the violator, according to one of the sources. #Binance #Kraken
Major cryptocurrency exchanges Binance and Kraken successfully repelled the same type of hacker attack using social engineering that was recently identified at Coinbase Global Inc. This information came from Bloomberg, citing sources who wished to remain anonymous. Both digital platforms successfully repelled attacks, ensuring the safety of customer data, according to sources. Representatives from Binance and Kraken declined to comment on cybersecurity issues.
Major cryptocurrency exchanges Binance and Kraken successfully repelled the same type of hacker attack using social engineering that was recently identified at Coinbase Global Inc. This information came from Bloomberg citing sources who wished to remain anonymous. Both digital platforms successfully repelled the attacks, ensuring the safety of customer data, according to sources. Representatives from Binance and Kraken declined to comment on cybersecurity issues.