Brokerage urgently requests users to return bitcoins transferred by serious error.
A promotion that was supposed to be simple turned into one of the biggest embarrassments in the cryptocurrency world. Bithumb, which is the second-largest brokerage in South Korea, is running around trying to recover a large sum of money after having accidentally sent 620,000 bitcoins to clients in a promotional action. The mess happened because, instead of putting the prize in won (their currency), an employee ended up typing in bitcoin. The result: instead of distributing some small change, the system dumped billions of dollars in digital currency. To give you an idea, it was more bitcoin than the company had stored!
Bitcoin today: BTC reaches US$ 67,000 driven by strong labor market data in the USA
The Bitcoin thing took a breather this Thursday (12), it is being traded at around US$ 68,078.32. Converting to our currency, it is around R$ 352,645.69. Yesterday, Wednesday, a strong employment report came out in the United States. This shows that their economy is growing steadily, but at the same time, it undermines hopes that their central bank, the Fed, will lower interest rates right away. According to the Department of Labor, employers created 130,000 jobs in January, well above what economists expected (70,000). The unemployment rate dropped to 4.3%, a tiny bit below the forecast of 4.4%.
Large investors acquired over US$ 4 billion in Bitcoin, while the market remains cautious
Bitcoin gained again the push from the so-called 'whales', those people who have a huge amount of coins stored and usually influence the market's direction. Just last week, a wallet with more than 1,000 BTC accumulated about 53,000 coins — the largest purchase since November — in a transaction that exceeds 4 billion dollars, according to the folks at Glassnode. This amount of buying helped to stabilize the price after the sharp drop that caused Bitcoin to plummet nearly 50% since the peak in October. Last week it hit 60,000, but it has already reacted and is hovering around 70,000, quoted above 67,000 on the morning of this Wednesday (11).
Solana ETFs had their strongest performance in almost thirty days
On February 10, Solana ETFs in the United States made a significant turnaround: it was the best result in almost a month, according to data from SoSoValue. After two consecutive days of cash outflows, they received an inflow of $8.43 million — the highest volume since January 15, when they had pulled $8.94 million. This happened even with Solana experiencing a 4.6% drop in 24 hours, according to CoinGecko. The one who pulled the line was BSOL from Bitwise, which alone received $7.7 million. The FSOL from Fidelity came right after, with just over $732,000. The other big names, like Grayscale, VanEck, and 21Shares, remained practically still.
Uniswap records a 13% rise after integration with BlackRock's tokenized fund
The governance token of Uniswap, the so-called UNI, saw a good rise this Wednesday (11). This happened after the creator of the famous decentralized exchange announced a partnership with BUIDL, which is BlackRock's tokenized fund, that giant asset manager in the market. BlackRock, which is the largest in the world in this field, has allowed the fund of more than 2 billion dollars to be traded within UniswapX. This system works like a market where professionals compete to offer the best price to users.
"Civil Police of DF confiscated cryptocurrency wallets from a group that allegedly moved R$ 15 million"
Wow, can you believe it? The Civil Police from the Federal District decided to kick down the door on Tuesday (10) and conducted one of those operations to take down a gang that was laundering money, around 15 million reais in the last two years. The agents from the so-called Division of Counterfeiting and Fraud — which the people call Difraudes — went around three states and arrested people. They also seized some cryptocurrency storage devices that the gang used to hide the dirty money. However, in the statement they released, they didn't say whether these digital wallets had any stored value or if they managed to recover the keys to access them. They also didn't mention how many of these devices they found.
LayerZero (ZRO) registers a 34% increase after announcing a new blockchain and receiving investment from Tether
ZRO skyrockets and excites the market Wow, the ZRO token from LayerZero is really doing well this Wednesday (11). In just the last 24 hours, it has increased by more than 34%, trading around US$ 2.33, according to data from CoinGecko. And that's not all: for the week, it has appreciated by more than 27%. This rocket took off after two major announcements: Tether decided to invest in LayerZero and, in addition, giants of financial infrastructure like Citadel are supporting the creation of a new blockchain called 'Zero'.
Zcash, BNB, and Sui rank among the largest losses in a day of heavy cryptocurrency declines
Altcoins are taking a hit again this Wednesday (11). The selling pressure that started in February has only increased. Solana, XRP, BNB, and other important tokens fell between 4% and 6% in the last 24 hours, according to CoinGecko data. Zcash was the hardest hit among the 30 largest altcoins, plummeting 6.7% in the same period. Right behind were BNB, Sui, Hyperliquid, and XRP, with losses of 5.8%, 5.5%, 4.3%, and 4.2%. This downturn began after Bitcoin peaked in October and gained momentum in early February, leading to a lot of liquidation. Even with Bitcoin trying to hold above 60 thousand dollars, the altcoins are weak, reflecting investors' fear.
The European Union considers banning operations with cryptocurrencies linked to Russia
It seems that the European Union wants to completely cut off cryptocurrency transactions coming from Russia. According to the English newspaper Financial Times, the idea is to prevent Moscow from using these digital assets to evade the sanctions that the European bloc imposed after the invasion of Ukraine. This initiative is part of a new package of measures, but it still needs all EU countries to give their 'yes' to take effect. In the documents that the newspaper had access to, it is written that the proposal is to block companies and cryptocurrency platforms linked to Russia from operating in Europe. The European Commission believes that it is pointless to punish only some companies because others will soon appear in their place. Therefore, they want to expand the crackdown and block any cryptocurrency service that has ties to the country.
“Cryptocurrency: some shooting up like rockets, others dropping like a car without brakes”
📈 Currency that rose - Chainbase (C): that one shot up like a rocket, more than +275% in just one day. - XRP (Ripple): gained a bit, about +0.91%. - WETH (Wrapped Ethereum): rose just a little, +0.20%. - Bitcoin (BTC): hardly moved, but remained in the green, +0.07%. 📉 Currency that dropped - Ethereum (ETH): slipped -0.64%. - Dogecoin (DOGE): lost a bit, -0.48%. - BNB (Binance Coin): dropped slightly, -0.21%. - Solana (SOL): almost stayed at zero, but dropped a little by -0.04%.
Sam Bankman-Fried declares that FTX was never insolvent and that the bankruptcy was a result of fraud
Oh, what a mess, this Sam Bankman-Fried, who founded FTX, is saying from behind bars that this brokerage was never broke, and that this bankruptcy that the new team imposed was staged to get their hands on the money. His words are coming out on X, but it's a guy who takes what he says from prison and posts it online. He said this: “FTX was never bankrupt. I never filed for bankruptcy for it. The lawyers took over the company and, four hours later, they already filed a fake bankruptcy just to be able to loot.”
U.S. Justice sentences fugitive to 20 years for 380 million reais cryptocurrency fraud
A court there in the United States sentenced a guy to 20 years in prison for orchestrating a scam with cryptocurrencies. The scheme was heavy: fraud and money laundering that totaled about 73 million dollars (around 380 million reais). The detail is that the guy, Daren Li, fled after cutting off his electronic ankle bracelet and was convicted even without appearing at the trial. This Daren Li has dual citizenship, from China and Saint Kitts and Nevis, and was caught for involvement in an international cryptocurrency fraud ring. According to prosecutors, he targeted American victims using social media, dating sites, and even a fake trading platform. The scam was that one called “pig slaughtering”: the accomplices gained people's trust with small talk and then pushed them to fake websites or pretended to be technical support to extract money.
Vitalik proposes Ethereum as an alternative leader in the race for Artificial General Intelligence
Vitalik Buterin wants a different direction for artificial intelligence. Instead of this crazy rush after the so-called AGI (Artificial General Intelligence), he says that the path has to be different: decentralization, verification, and privacy, just like the way Ethereum operates. According to him, just saying "to work on AGI" is already starting off wrong, because it seems like a directionless race, just to see who gets there first. It's as if someone said that Ethereum is just about "working with finance" or "computing", without considering the values and the right direction.
The government intends to establish a tax rate of 3.5% on transactions involving cryptocurrencies
The Federal Revenue is looking to impose a 3.5% tax on cryptocurrency purchases here in Brazil. Nowadays, there is no such tax, but under the new proposal, those who buy up to ten thousand reais won't pay anything. Above that, then the bite of the tax comes in. This thing is still just an idea, you know? The decree will go for public consultation, meaning the people and entities will be able to give their input before it becomes a real rule. The economic team thinks this will start being in effect as early as 2026, but there is no exact date set.
The election of Sanae Takaichi is seen as favorable to cryptocurrencies
Ô trem bão: a tal da Sanae Takaichi foi escolhida pra chefiar o Japão e já tá mexendo com os rumo da política e da economia por lá. O povo do Partido Liberal Democrata ganhou de lavada e agora tem folga pra tocar as reforma que tavam enroladas fazia tempo. Logo de cara, o mercado deu sinal: o índice Nikkei 225 subiu mais de 3% e bateu recorde, e o Bitcoin também deu uma esticada de quase 5% contra o iene. O pessoal chama isso de “Takaichi trade”, e é como se fosse um recado de que vem mudança grande na economia japonesa.
Binance bought 4,225 bitcoins, bringing its reserves to about $734 million
Binance decided to further strengthen its strategy of accumulating Bitcoin for the SAFU protection fund (Secure Asset Fund for Users). This time, it bought an additional 4,225 BTC, in a transaction that amounted to around $299.6 million. With this new batch, the fund now holds 10,455 BTC, which is approximately $734 million. On social media, the broker made it clear that the plan is to convert everything from the fund to Bitcoin within 30 days, as previously mentioned. In their words: “We continue buying Bitcoin for the SAFU fund, aiming to complete the conversion within 30 days from our original announcement.”
Bernstein maintains confidence in Bitcoin and projects how high it can rise by 2026
The analysts over at Bernstein are excited about the future of Bitcoin. For them, this drop we're seeing now is just a small wave, the weakest bear market that has appeared since the currency was created. In the report released on Monday (9), Gautam Chhugani's team explained that this drop in prices is not a structural problem, no. It's more a lack of confidence from the market people. They continue to believe that Bitcoin could reach around 150 thousand dollars by the end of 2026. Unlike in other times, there aren't those things that used to bring everything down: cascading bankruptcies, hidden leverage, or general collapse. Now the scenario is more stable, with a robust institutional base. There’s a President of the United States who is friendly to Bitcoin, a consolidated ETF on the horizon, a company holding Bitcoin in treasury, and a large asset manager entering the game.
SP Court orders Tether to block $77,000 in USDT after victim falls for romantic scam
A judge from São Paulo, from the 31st Civil Court, ordered the immediate freeze of more than 77 thousand USDT (about 417 thousand reais) that were held by the company Tether. This money belonged to a public servant who fell for a well-crafted internet scam known as Pig Butchering. The decision requires Tether to use a function called blacklist, which serves to block the movement of digital currency. The company was not pleased at all and tried to overturn the order, claiming it had no jurisdiction in Brazil and that this could disrupt the financial system.
What pays off more: Bitcoin or gold? The author of Rich Dad, Poor Dad reveals which he considers superior
The American Robert Kiyosaki, the one from the famous book Rich Dad, Poor Dad, decided to talk again about Bitcoin $BTC gold $PAXG as a way to store value. And he shared which one he thinks is the better investment. In a tweet on Sunday (8), he said he likes to diversify — also puts silver $XAG in the mix — but if he had to choose just one, he would go with Bitcoin without thinking twice. For 'Rich Dad', the biggest difference is in the supply. He says that gold is practically endless: when the price goes up, more miners appear pulling it from the ground. Kiyosaki himself said he mines gold and will continue digging for oil as well.
Today, the Central Bank held a live session to explain the regulation of cryptocurrencies
The Central Bank held a live session on this Monday (9) to explain how regulation and the future of virtual assets will unfold. The explanation was given by Antônio Marcos Guimarães, deputy head of the BC's Regulation Department, highlighting the upcoming changes and how the rules will be implemented. The broadcast took place at 2 PM on the Central Bank's YouTube channel. On November 10 of last year, the BC released a new set of rules for the cryptocurrency sector. Some of these have been in effect since February 2. These rules outline how companies dealing with virtual assets should operate, define what constitutes a currency exchange in the crypto world, and specify in which cases international capital regulation applies.