🗞 Top #CryptoNews: Sat, May 3 (24H) 1️⃣ European #Bitcoin treasury company launches $20B Bitcoin strategy 2️⃣ #ZachXBT reveals $7M of the OG holder’s stolen Bitcoin was frozen with Binance’s help https://t.co/GJAazel4V1
ZachXBT has identified two suspects in a $330 million Bitcoin heist. With Binance's help, $7 million has been frozen. The suspects are "Nina/Mo," a Somali national with a scam call center in Camden, UK, and an accomplice named "W0rk." The stolen funds were laundered through https://t.co/u7ZkDz8T9Q
🚨 UPDATE: ZachXBT says $7M of the $330M stolen from an OG Bitcoiner has been frozen with help from Binance and others. https://t.co/55MuBPksUY https://t.co/H1OWLsXw5m
Two Prime, a cryptocurrency asset management firm, announced it will focus exclusively on Bitcoin (BTC) for asset management and lending, discontinuing its involvement with Ethereum (ETH). The firm cited Ethereum's statistical trading behavior, value proposition, and community culture as no longer viable, referring to ETH as a 'memecoin' amid declining institutional interest. Meanwhile, ZachXBT reported a major theft involving $330 million in Bitcoin from a longtime U.S.-based holder, attributed to a social engineering attack. With assistance from Binance's security team and other investigators, approximately $7 million of the stolen Bitcoin has been frozen. Two suspects have been identified: "Nina/Mo," a Somali national operating a scam call center in Camden, UK, and an accomplice named "W0rk." The stolen funds were laundered through undisclosed channels. Additionally, public companies have acquired 96% of all Bitcoin expected to be mined in 2025, and a European Bitcoin treasury company has launched a $20 billion Bitcoin strategy.