Three stories in under five minutes. Bitget detected about $351.6M in unauthorized transfers from its hot and warm wallets, with cold wallets untouched and its User Protection Fund covering the full loss, while CEO Gracy Chen points to a North Korea-linked group. Alloc Init researchers proposed Shielded Bitcoin, a base-layer privacy design built on encrypted notes and zero-knowledge proofs that needs no soft fork or custodian. And Bitwise found that every institution it interviewed that owns crypto owns Bitcoin, with none of the 15 cutting allocations during a roughly 50% drawdown. Stay humble and keep on stacking those sats.
https://www.btcbreakdown.com/p/issue-660