Purported white hat hackers have withdrawn nearly 4000 Bitcoin, valued at $319 million, from the Liquid Network sidechain. The platform has paused operations to investigate the security breach, which involved the SideSwap Peg-out Authorization Key. The balance of the federation wallet fell from 4200 BTC to 207.275 BTC.
US spot Bitcoin ETFs recorded their strongest three-week inflow period of 2026, attracting $3.8 billion in net inflows. Total net assets across these funds reached $101.3 billion as of Friday. On Thursday alone, the ETFs saw $730.9 million in net inflows, marking the highest daily figure since January 14.
A consortium of 21 major financial institutions, including Bank of America, Goldman Sachs, and Fidelity, plans to issue a US dollar-denominated stablecoin. The group aims to launch the product in the first half of 2027, with future plans to expand into other G7 currencies, prioritizing the euro as the next step.
Hyperscale Data has ceased all Bitcoin mining operations at its Michigan facility to repurpose the site for an AI data center. The company signed a 10-year agreement with an AI customer for 20 megawatts of capacity, which could generate over $1.2 billion in revenue. The firm also reduced its Bitcoin holdings from 1006 BTC to approximately 215 BTC.