Bitcoin Overtakes Silver, Telegram Goes Social, and a $27M Hack

crypto recap 12th july -> 18th July

Another week, another recap! Missed some news or unsure about the most important stories from the past week? Don’t worry, we’ve got you covered:

Bitcoin Becomes World’s 5th Largest Asset. Bitcoin has officially passed silver and now ranks as the fifth most valuable asset in the world. 

Satoshi-Era Whale Moves After 14 Years of Silence. A Bitcoin wallet created in 2010 just became active after 14 years. It moved over $6.6 million worth of Bitcoin, raising questions about whether early adopters are preparing to cash out or rejoin the market.

Ethereum DeFi Bridges to Telegram via Tac Mainnet Launch. Ethereum DeFi is going social. With the launch of Tac’s mainnet, users can now access decentralized finance tools directly through Telegram.

Bitcoin Obsession and a Mother’s Death: NZ Homicide Trial. In New Zealand, a murder trial has grabbed headlines after the defendant’s deep obsession with Bitcoin was revealed. Prosecutors say he killed his mother over financial pressures tied to crypto losses.

Hackers Steal $27M From BigONE’s Hot Wallets. Hackers attacked the crypto exchange BigONE, stealing $27 million worth of Bitcoin, Ether, and stablecoins. The platform says user funds are safe and that it’s working with security experts to track the stolen assets.

This week highlights how powerful and risky the crypto world can be. From Bitcoin’s climb into the top five assets globally to a tragic crime in New Zealand and another major hack, crypto continues to make headlines for both progress and problems.

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Mohamed Hussein

With a BA in Journalism and over 11 years of experience in Arabic and English media, I bring a newsroom mindset to the fast-paced world of crypto content. From breaking news to in-depth features, I’ve worked across leading platforms. Today, as a content writer in the Web3 space, I aim to make complex topics like blockchain, crypto, and digital innovation accessible to a wider audience, without compromising clarity or credibility.