The global cryptocurrency market capitalization stands at approximately $3.31 trillion, with a 0.8% change in the last 24 hours.
Here are the current prices and recent changes for some major cryptocurrencies:
Bitcoin (BTC): $95,754.00, a decrease of 0.73% from the previous close.
Ethereum (ETH): $2,812.31, an increase of 1.72% from the previous close.
BNB (BNB): $653.14, a decrease of 2.92% from the previous close.
Cardano (ADA): $0.765137, a decrease of 1.79% from the previous close.
Solana (SOL): $167.99, a decrease of 2.87% from the previous close.
In recent news, Bybit, a Dubai-based cryptocurrency exchange, experienced a significant security breach resulting in the loss of approximately $1.5 billion worth of Ethereum. The hack occurred during a routine transfer from an offline cold wallet to a warm wallet used for daily trading. Despite the breach, Bybit's CEO, Ben Zhou, assured that the company remains solvent and that all client assets are backed 1:1. The company is collaborating with blockchain forensic experts to trace the stolen funds and has initiated a recovery bounty program.
Additionally, Coinbase announced that the U.S. Securities and Exchange Commission (SEC) has agreed to drop its case against the cryptocurrency exchange without imposing fines or requiring changes to its business operations. This development follows the SEC's previous charges against Coinbase for operating as an unregistered securities exchange. The resolution is seen as a positive sign for the regulatory environment surrounding cryptocurrency exchanges.
In the investment sphere, Strategy Inc., formerly known as MicroStrategy, has announced a $2 billion offering of zero-coupon convertible bonds, with the proceeds earmarked for purchasing Bitcoin. This move aligns with the company's ongoing strategy to increase its Bitcoin holdings, which have reached 478,740 bitcoins to date.