Crypto News

The crypto sector is grappling with major security challenges following the Bitget hack that resulted in $388 million in losses, with platforms like Near Protocol now implementing countermeasures to prevent laundering of stolen funds. On a more bullish note, institutional adoption is accelerating as Citi clients can now accept stablecoin payments through Coinbase without direct crypto exposure, while major companies like Strive continue expanding Bitcoin treasuries with over 1,100 BTC acquisitions. Meanwhile, Bitcoin price momentum remains solid above $83,000 despite recent exchange outflows, and the broader crypto market is seeing significant development activity including tokenized stocks hitting $20.9 billion in DEX volume and Blockchain.com pursuing a $500 million IPO as capital markets show signs of thawing.