Here’s what happened in crypto today
In recent crypto news, the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Robinhood Crypto without recommending enforcement actions. This follows a Wells notice issued last year relating to alleged securities violations. Additionally, Bybit CEO Ben Zhou announced that the exchange has fully compensated for the $1.4 billion worth of Ether stolen in a hack attributed to North Korean hackers. A new proof-of-reserve report is set to be released to confirm the 1:1 ratio of client assets. Furthermore, Michael Saylor hinted at further Bitcoin acquisitions by his firm Strategy, with current holdings estimated to be around 478,740 BTC, valued at approximately $45.8 billion and showing a 47% increase in value since their investment.
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