Since September 9, 2026, the allBTC token on Osmosis exchange has been underbacked by about 36% due to a flaw in Nomic's Bitcoin bridge, allowing double-spending of Bitcoin deposits. This means holders of allBTC actually own less Bitcoin than the token supply suggests, as the pooled token combines five bridge versions including the faulty nBTC. Osmosis froze minting and withdrawals to contain the issue and plans a community vote to seize frozen Bitcoin to cover part of the shortfall. Investors should check their holdings and understand that pooled tokens carry shared risk from all underlying bridges, unlike holding individual bridge tokens or Bitcoin directly. The vote outcome will affect when full backing is restored and how losses are managed.
Bitcoin's price increased by 0.31% to $81,801, standing out as the only major cryptocurrency to gain amid a 2.75% drop in the total crypto market value to $2.76 trillion. Ether, XRP, BNB, Solana, and Dogecoin all saw declines, with Dogecoin experienc...
Japanese apparel company ANAP reported a 4.37 billion yen valuation loss on its Bitcoin holdings in fiscal 2026, reversing a gain from the previous year and contributing to a total net loss of 7.323 billion yen. The company held 1,432.16 BTC valued a...
In the 91st week of President Trump's second term, Congress voted unanimously (420-0) to publicly release taxpayer-funded sexual misconduct settlement records. The Trump administration also reported significant actions including dismantling millions ...
A snapshot of Coinbase's Bitcoin order book on October 18 revealed $25.28 million in sell orders compared to $16.65 million in buy orders, showing a sell-side lead of $8.63 million. Bitcoin was priced at $81,801 during this snapshot. This indicates a...
Bitcoin's price fell below the $82,000 mark to $81,960 on the Binance spot market early Oct. 18, after briefly trading above $82,000. This drop represents a $55 decrease from the previous reading 15 minutes earlier, although the price remained slight...
