Bitcoin, XRP, Ethereum Face Correction After $500 Million in Liquidations

A solo Bitcoin miner recently earned 3.137 BTC, valued at around $365,000, by solving a block on the Bitcoin blockchain. This miner used Solo CKPool, a service for anonymous miners, and added 4,913 transactions to the network. Mining Bitcoin has become more challenging with the network's growth and price volatility.

Qubic attempted a 51% attack on Monero but fell short, aiming to change the network with its AI model. Now, Qubic plans to experiment with Dogecoin, following a community vote in its Discord server.

The U.S. Treasury Department is soliciting public input on innovative methods to detect illicit crypto activities under the GENIUS Act, the first major U.S. law regulating the crypto space. This marks the beginning of implementing the law, with a 60-day comment period for industry feedback.

BTCS is offering a one-time payment to investors who make their shares illiquid to combat short sellers. The company's shares rose 9% to $4.81, despite trading at a discount relative to its crypto holdings.

Spexi, a startup based in Vancouver, BC, is revolutionizing Earth observation by deploying a blockchain-verified imaging network using microdrone pilots. This decentralized approach offers real-time, cost-effective, and scalable solutions for various industries.

Terawulf stock (NASDAQ: WULF) surged over 12% after announcing Google's increased stake and plans for a new data center. Google will provide $1.4 billion in backstop for project-related debt financing, raising its stake to $3.2 billion.

Lumma Stealer malware is being distributed through fake Captcha prompts, with 17% of users completing the steps, attempting to deliver the malware. The malware searches for sensitive data like passwords, cookies, and cryptocurrency wallet information.

Liquid funds in crypto markets, like those managed by CoinFund and Pantera Capital, operate similarly to traditional hedge funds by trading publicly-tradable tokens. These funds source liquidity via OTC desks and utilize sophisticated trading systems for precise execution.

Metaplanet Inc. increased its Bitcoin holdings to 18,888 BTC by purchasing an additional 775 Bitcoin for $93 million. The company's average purchase price per Bitcoin now stands at $102,000.