A Bitwise survey of 15 institutions found that none cut their crypto allocations during a market decline of about 50%. Surveyed portfolios range from 0.5% to 13% in crypto exposure.
Bitget raised its security breach loss estimate to $387.5 million after including assets across multiple networks. The exchange stated that attackers compromised a backend system and triggered its authorization process.
Strategy executive chairman Michael Saylor proposed a bill of digital rights featuring five principles for digital assets. The framework covers the rights to create, issue, custody, transfer, and use digital assets.