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The position was the largest single forced closure in 24 hours as bitcoin shed weekend gains and the fear index returned to historic lows.
Binance doubled down on its compliance credentials in a blog post after a report published earlier this month accused it of sanction violations.
Outflows underscore persistent institutional wariness toward bitcoin after the early October crash.
US-based spot Bitcoin ETFs have shed around $2.6 billion already in 2026; Bitcoin developer Matt Corallo shuts down quantum as the reason for the recent sell-off; and other news.
One theory is that Lobstar Wilde tried to send 52,439 LOBSTAR tokens but misinterpreted Solana’s UI and sent 52.4 million tokens instead.
HB 2080 seeks to create a Bitcoin Strategic Reserve Fund and let the state treasurer receive, invest and hold bitcoin.
A similar bill proposing a Bitcoin Strategic Reserve was introduced in February last year, but failed to advance past the committee stage.
Bitcoin-treasury firm Strategy has accumulated 717,131 Bitcoin since August 2020, and has made 99 Bitcoin purchases to date.
Elliptic says that despite increased regulatory pressure, a handful of crypto exchanges continue to serve sanctioned Russian entities.
Nearly $360 million in crypto long positions were liquidated in an hour, according to Coinglass' heatmap based on available data.
Bitcoin Magazine Bitcoin Price Crashes Below $65,000, Drops 5% in 2 Hours Amid Six-Week Slump The bitcoin price fell more than 5% in the past 24 hours on Sunday evening, dropping below $65,000 as lar...
Bitcoin plunged over $3,000 in two hours, while the Crypto Fear and Greed Index has slumped to historic lows again.
