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Bitcoin Worth US$1.5 Million Disappears from South Korean Police USB Wallet
South Korean police have lost track of Bitcoin (BTC) seized during an investigation, authorities confirmed to The Block.
A recent internal investigation found that 22 BTC worth US$1.5 million had been transferred from a USB cold wallet. The news was first reported by local media outlet Donga.
The Bitcoin had been handed over to Gangnam police in November 2021. However, because the investigation was temporarily suspended, the breach went undetected. Although the physical USB device was never stolen, the Bitcoin stored inside it was misused.
Gyeonggi Bukbu Police have launched an internal investigation to determine how the breach occurred and whether any insiders were involved. Authorities have declined to comment further as the process is still ongoing.
The case came to light during a national inspection, following the disappearance of 320 BTC seized by the Gwangju District Prosecutors’ Office. Reports state that the investigator handling the evidence accidentally accessed a phishing website, resulting in the Bitcoin being drained.
-# Image source: Akademi Crypto 2026
@elonmusk@cz_binance
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USDT Market Capitalization Declines — If This Continues, Crypto Could Be in Danger
The market capitalization of stablecoin USDT has dropped from US$187 billion to US$184.3 billion, marking a fairly sharp decline since early January this year, according to CoinGecko. If this situation continues, the crypto market and Bitcoin (BTC) could be considered at risk.
This is because USDT dominates the majority of the stablecoin market capitalization. Therefore, this may signal that demand for digital assets is slowing down, causing liquidity to become constrained.
Additionally, data from CryptoQuant records a correlation between Bitcoin’s price movement and the growth of USDT’s market capitalization. In its report, when Bitcoin rises, USDT’s market value also increases, indicating that new liquidity is entering the market.
Conversely, in the current condition where Bitcoin’s price has dropped and briefly touched US$59,000, USDT’s market capitalization has turned negative, driven by investor capital leaving the crypto market.
As a result, the crypto market could be in danger due to drying liquidity caused by investors withdrawing funds to realize their profits.
Disclaimer Alert: Not Financial Advice (NFA). Do Your Own Research (DYOR).
— Image source: Akademi Crypto 2026
@everyone
US Inflation Meets Expectations, Crypto Market Still in Wait-and-See Mode
Inflation in the United States (US) has eased to 2.4%. While this figure aligns with market expectations, price movements remain in a wait-and-see phase.
Meanwhile, Bitcoin (BTC) climbed to US$67,000 according to CoinMarketCap. Ethereum (ETH) also recorded gains, pushing the total crypto market capitalization higher to US$2.29 trillion.
In other words, inflation is getting closer to the 2% target, strengthening speculation that the Federal Reserve may continue cutting interest rates — a move that could potentially support further gains in digital assets.
For reference, the majority of market participants on the prediction platform Kalshi had anticipated that the Consumer Price Index (CPI) would decline to 2.4%.
Disclaimer: Not Financial Advice (NFA). Do Your Own Research (DYOR).
-# Image source: Akademi Crypto
@everyone
🚨 Bhutan Also Panics? Sells 100 BTC as Price Crashes!
Bhutan has reportedly sold 100 Bitcoin (BTC) worth US$6.7 million as prices dropped sharply.
Data from Arkham Intelligence shows the BTC was transferred to a wallet linked to Singapore-based crypto trading firm QCP Capital.
📉 Over the past 3 months, Bhutan has also been actively moving BTC to multiple addresses.
Bitcoin is currently down about 46% from its all-time high of US$126,000, according to CoinMarketCap.
It’s not just BTC — hundreds of Ethereum (ETH) worth tens of millions of dollars were reportedly sold as well.
💰 Bhutan’s remaining holdings: • 5,600 BTC ≈ US$379 million
• 24 ETH ≈ US$49,000
The big question:
Strategic liquidity move… or panic selling?
If even a country is selling the dip — what should retail investors do? 👀🔥
@everyone
Preparing for Quantum Attacks, the Bitcoin System Begins Upgrading
Bitcoin is once again preparing for future challenges through the BIP 360 upgrade. The proposal has entered the official Bitcoin Improvement Proposal repository on GitHub as an open discussion.
BIP 360 introduces a new concept called Pay-to-Merkle-Root (P2MR). In simple terms, this feature is designed to make Bitcoin transactions more prepared for quantum threats without overhauling the existing system.
Quantum computers are feared to be capable of breaking cryptographic systems that are currently considered secure. In Bitcoin’s context, the threat arises when a public key becomes visible on the blockchain and could theoretically be used to guess the private key.
P2MR is designed similarly to Taproot, but removes transaction paths that could expose public keys. This helps reduce potential security vulnerabilities from an early stage.
“According to us, BIP 360 and P2MR are only the first steps in a series of upgrades to make Bitcoin more resistant to quantum computing,” explained MARA Senior Protocol Engineer Hunter Beast.
The document was intentionally written in a way that is easy for the public to understand. It emphasizes the importance of explaining sensitive issues like quantum threats in simple, non-technical language.
This move comes as many governments and technology institutions begin preparing new quantum-resistant security standards. Supporters believe BIP 360 will help keep Bitcoin relevant and adaptable to future technological development
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This Malaysian Citizen Made Rp1 Trillion After Selling an AI Domain to a Crypto Company
Malaysian tech entrepreneur Arsyan Ismail earned US$70 million, or approximately Rp1.17 trillion, from selling his domain, AI(dot)com. The domain was sold to https://t.co/dizDuFqfOe CEO Kris Marszalek in April 2025 through broker Larry Fischer.
Interestingly, the domain originally came from the initials of his own name. The sale became one of the highest domain transactions in history, surpassing the sale of Carlinsurance(dot)com in 2010.
He initially purchased the domain in 1993 at the age of 10 for 256 Malaysian ringgit (around Rp200,000 at the time), using his mother’s credit card, as reported by Malay Mail on Tuesday (10/02). The news surfaced after his broker publicly disclosed the transaction shortly before the Super Bowl in the United States.
However, the story has also drawn negative reactions, including questions about how the domain was registered 30 years ago and rumors of potential money laundering, which have not been proven.
– Image source: Akademi Crypto 2026