In cryptocurrency news, Michael Saylor hinted at another potential Bitcoin purchase by his company, Strategy, marking the possibility of a ninth consecutive week of buying. Following the recent acquisition of 705 BTC, Saylor's firm now holds 580,955 BTC, valued at around $61.4 billion and showing 50% unrealized profit. Additionally, Tether CEO Paolo Ardoino commented on the company's lack of interest in going public, despite speculation that Tether could be valued at $515 billion, suggesting it might actually be more. In a separate incident, Alex Protocol, a DeFi platform on the Stacks blockchain, suffered a significant security breach resulting in a loss of $8.3 million. The platform pledged to reimburse affected users. These events highlight ongoing trends in the crypto market regarding institutional investment, stablecoin operations, and the vulnerabilities in DeFi protocols.

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