๐ง๐น๐ต๏ธ The government of Bhutan transferred another 100 BTC, bringing the total outflow of BTC in 2026 to over $230 million.
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$QORPO, $OBOL, $LUNAI, $TUNA, $WEETH have been delisted from Bybit spot trading.
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๐ค Fluid Says Resolv Exploit Led to $21M Bad Debt, Now Fully Covered
DeFi liquidity protocol Fluid reported that the March Resolv exploit resulted in approximately $21 million in bad debt due to the malicious minting of around $80 million in uncollateralized USR. The attack was external and did not compromise Fluid's smart contracts or code.
The remaining $19.3 million in bad debt has been fully covered, with Resolv contributing about $9.7 million, Fluidโs governance treasury covering $8.2 million, and the team covering $1.5 million. Fluid plans to pause FLUID buybacks, cut or remove incentives to rebuild its treasury, and upgrade its oracle and pricing systems while rolling out DEX v2, Solana DEX, fixed-rate borrowing, LaaS, and custodied collateral products. #hack
DeFi liquidity protocol Fluid reported that the March Resolv exploit resulted in approximately $21 million in bad debt due to the malicious minting of around $80 million in uncollateralized USR. The attack was external and did not compromise Fluid's smart contracts or code.
The remaining $19.3 million in bad debt has been fully covered, with Resolv contributing about $9.7 million, Fluidโs governance treasury covering $8.2 million, and the team covering $1.5 million. Fluid plans to pause FLUID buybacks, cut or remove incentives to rebuild its treasury, and upgrade its oracle and pricing systems while rolling out DEX v2, Solana DEX, fixed-rate borrowing, LaaS, and custodied collateral products. #hack
๐ #BTC Bitcoin to hit $1M in next five years, per VanEckโs Head of Digital Assets Research Matthew Sigel.
๐บ๐ธ๐ #macro USA - ADP Nonfarm Employment (week) = +33k (expected - / previous +39.3k)
๐บ๐ธ๐ U.S. CPI: +3.8% Year-Over-Year (Est. +3.7%)
U.S. Core CPI: +2.8% Year-Over-Year (Est. +2.7%) #macro
U.S. Core CPI: +2.8% Year-Over-Year (Est. +2.7%) #macro
๐บ๐ธ๐ U.S. April seasonally adjusted Core CPI rose 0.4% MoM, above market expectations of 0.3%. This marks the highest reading since January 2025. #macro
๐ต๏ธ 500,000,000 $USDT (499,772,500 USD) transferred from Binance to Tether Treasury
๐ฉ๐ช๐ฐ Elliptic, a blockchain analytics company, raised $120 million with the support of Nasdaq and Deutsche Bank.
๐ต๏ธ The Smarter Web Company bought 25 Bitcoin for ยฃ1.5M, increasing holdings to 2,830 Bitcoin. This reflects a 13.86% QTD #BTC yield.
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๐ฃ โBitcoin is unequivocally the best inflation hedge that there is.โ
โ Paul Tudor Jones #macro
โ Paul Tudor Jones #macro