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Capital B plans to raise €21 million to acquire nearly 270 BTC, but full exercise of associated warrants could reduce the displayed ratio by about 24%, creating significant dilution risk.
CryptoSlate reported that hackers stole nearly $6 million across six chains after a critical Cosmos-related bug was misjudged for four months. The upstream fix reached release branches hours before the incident, while MANTRA said no tokens were recovered.
Solana’s “Double Disinflation” proposal passed by a razor-thin margin, reducing future SOL issuance. Kraken nearly blocked the measure, while a separate proposal to burn fees failed, according to Decrypt.
About $6.4 billion in Bitcoin options are due to expire in Deribit’s Friday settlement, representing nearly one-fifth of the exchange’s BTC open interest. Max pain is well below Bitcoin’s current trading level.
Bitcoin, Ethereum, Solana and XRP fell as Ledger prepared for a potential $4 billion IPO. Crypto adoption remained in focus, with PwC citing irreversible institutional momentum and Kansas introducing a Bitcoin Strategic Reserve bill.
Bitcoin rose 2% to $96,750, while Ethereum and several altcoins advanced. Market developments included a delayed Senate crypto bill, Ripple’s Luxembourg license, FTX’s next creditor payment date and Sui’s recovery from a nearly six-hour outage.
