Strategy moved 411.48 BTC worth $30.3M into Coinbase Prime. Selling odds surged to 84% on Polymarket after the transfer. The transfer increased caution and elevated short-term volatility. Strategy Bitcoin has sparked new debate after transferring 411.48 BTC to Coinbase Prime. The move is worth about $30.3 million. Markets reacted rapidly to this massive Coinbase transfer, […]
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Coinbase announces four TRUST milestones: TRUSThub launch, BNY membership, 21 Analytics partnership, and global Travel Rule expansion. Coinbase is making major moves in crypto compliance. The company announced four major milestones for its TRUST network on May 28, 2026. These milestones include launching TRUSThub, welcoming BNY as a member, and partnering with 21 Analytics. Global […]
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An exchange may have accidentally torched $8.5 million worth of Bitcoin — that’s one of the leading theories after an unidentified wallet sent 107 BTC to an address from which the funds can never be recovered. Related Reading: Bitcoin’s 4-Year Rhythm Is Still Playing Out, Says Crypto CEO Conor Grogan, head of product business operations at Coinbase, said the burn was most likely caused by an exchange that made an error during a cold storage transfer. No Public Explanation From Anyone Involved Five separate Bitcoin addresses carried out the transfers on Monday, all sending funds to a long-established burn address beginning with “11111,” according to onchain data shared by Galaxy Research. The move brought the total amount of Bitcoin ever sent to that address to 807 BTC, now worth close to $60 million, based on data from blockchain platform Arkham. 1111111111111111111114oLvT2 corresponds to Hash160 = 0x0000000000000000000000000000000000000000 (twenty zero bytes). Base58Check-encode that
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Michael Saylor’s Strategy (formerly MicroStrategy) has deposited Bitcoin to Coinbase crypto exchange, according to on-chain data. Michael Saylor earlier announced the company may sell some of its Bitcoin holdings to fund dividends. This comes as Bitcoin fell below $73K and MSTR stock crashed more than 22% in two weeks. Michael Saylor’s Strategy Transfers Over 411 Bitcoin to Coinbase Strategy deposited 411.48 Bitcoin worth $30.3 million into Coinbase Prime, Lookonchain reported on May 29. This appears to be MicroStrategy’s first direct token transfer to an exchange in nearly two years. Arkham data showed on-chain transfers of 205.3 BTC and 206.2 BTC. The company also did a transaction of 0.0241 BTC worth $1.77K before sending the coins to Coinbase crypto exchange address. Strategy Deposits Bitcoin into Coinbase Prime. Source: Arkham In the Q1 earnings call earlier
On May 27, decentralized finance platform Stake DAO suffered an infinite-minting exploit on its Arbitrum protocol. However, Stake DAO core contributors quickly secured the mainnet funds backing the tokens, shut down the vsdCRV bridge, and successfully contained the exploit. Infinite-Minting Loophole Triggers Exploit Decentralized finance ( DeFi), platform Stake DAO confirmed May 27 that its […]
Strategy has transferred more than 411 Bitcoin to Coinbase Prime, a move that has drawn attention after recent comments from company executives about potential BTC sales and a pause in fresh purchases. According to blockchain analytics platform Lookonchain, Strategy sent…
Azul's launch on Base could redefine Layer 2 scalability and security, potentially accelerating Ethereum's broader adoption and innovation.
The post Base Azul goes live on mainnet, enhancing speed and security for Coinbase’s layer-2 network appeared first on Crypto Briefing.
