Did you see that the Bitcoin depot suffered a pretty serious attack? They stole almost 3.7 million in BTC from there at the end of March. The company confirmed that hackers obtained credentials for internal systems and transferred 50.9 BTC. They activated the security protocols quickly and have already notified the police, so at least they responded well. Customer data remained intact, but it shows how security is still crypto’s Achilles’ heel.



Is it true that the Ethereum Foundation decided to sell 5,000 ETH to fund research? They’ve already sold 3,750 ETH for roughly 8.3 million using TWAP. ETH dropped to $2,179 for now, down 3.32% on the day, but it still holds a 6% gain for the week. Meanwhile, WETH saw interesting movement, with 32,000 new wallets created in a single day on Wednesday. Network activity is at its annual peak even amid volatility.

Canary Capital wants to launch a PEPE ETF now. They filed the S-1 application with the SEC; they will hold PEPE in custody and allocate up to 5% in ETH for costs. But the document mentions heavy concentration risk: the top 10 wallets control 41% of the supply. PEPE is quoted at $0.000003464, down 4.65% in 24 hours, and is far from the December peak.

Aside from that, there was that debate about Satoshi Nakamoto again. Michael Saylor pushed back against the New York Times regarding the theory that Adam Back would be Satoshi. Saylor argued that stylometric analysis isn’t enough as proof and cited 2008 emails to show they are different people. Adam Back also joined the conversation on X, clarifying that he was just one of the early adopters of bitcoin because of his research in cryptography and privacy. That’s all for now—nothing conclusive yet.
BTC-1.54%
ETH-3.87%
PEPE-4.11%
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