Security· ★★★· bearish·

Crypto week in review: Bitget loses $351.6M in hack, Ondo tokenizes BlackRock portfolios, whale moves 600 BTC

  • —Bitget lost $351.6 million in a backend wallet hack, withdrawals temporarily suspended
  • —Ondo Finance tokenized three BlackRock model portfolios, including one with 5% Bitcoin
  • —Sequans sold its remaining 314 BTC, fully unwinding its Bitcoin treasury
  • —A wallet dormant for 14 years moved 600 BTC worth $51 million
Why it matters: The Bitget hack and a wave of corporate treasury exits weigh on sentiment, while BlackRock-backed tokenization supports institutional demand.
#BTC
Source: BTC-ECHO
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