Just a quick one for the idiots - Bitmex was the largest crypto company back in 2017, in 2024 they were fined for 150 Million Dollars total and because of that reason Bitmex is now gone
Now lets put this perspective.
Bitget get hacked 350 Million $ on funds they dont have.
Please know Bitget will also go bye bye
Bybit is still negative 1.2 billion to this day. All it takes is 2 whales to withdraw for Bybit to also go bye bye
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Now lets put this perspective.
Bitget get hacked 350 Million $ on funds they dont have.
Please know Bitget will also go bye bye
Bybit is still negative 1.2 billion to this day. All it takes is 2 whales to withdraw for Bybit to also go bye bye
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UPDATE: $351.6M drained from Bitget. Private keys were not compromised. Attackers exploited a wallet backend vulnerability to spoof transaction data and bypass authorization. This supports my thesis that AI likely identified the flaw. Malicious actors use AI agents 24/7 for scanning, pen testing, reverse engineering, and finding missed exploits. Anthropic documents automated AI "exploit foundries," and Google reports attackers adopting agentic workflows. If holding significant assets, consider self-custody and multisig.
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Michael Saylor Says US Banks Could Triple Bitcoin’s Price
Michael Saylor said at the Freedom Tech DC summit that just 2–3 major US banks could create $100B in Bitcoin-backed loans within 12 months. He argues that this could absorb roughly 10 years of new BTC supply, potentially driving Bitcoin 2–3x higher and expanding the digital asset industry toward $10T.
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Michael Saylor said at the Freedom Tech DC summit that just 2–3 major US banks could create $100B in Bitcoin-backed loans within 12 months. He argues that this could absorb roughly 10 years of new BTC supply, potentially driving Bitcoin 2–3x higher and expanding the digital asset industry toward $10T.
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