The post U.S. CLARITY Act Delayed as Banks Oppose Stablecoin Rewards, ALL Eye On April 16 appeared first on Coinpedia Fintech News

The U.S. crypto bill has hit a roadblock after banks said they cannot support a White House plan on stablecoin rewards. Because of this disagreement, talks have slowed down. 

Now many are watching the April 16 roundtable by the U.S. Securities and Exchange Commission, where regulators and industry leaders will discuss the bill’s future.

CLARITY Act Hit A Roadblock, Why?

The ongoing negotiations over the CLARITY Act, a major U.S. crypto regulation bill, have hit a roadblock after banks opposed a proposed rule on stablecoin rewards. The bill, which passed the House last July, aims to bring clear rules to the digital asset market.

Under the proposal, the Commodity Futures Trading Commission would oversee digital commodities like Bitcoin, while the U.S. Securities and Exchange Commission would regulate crypto assets that qualify as securities.

Supporters believe the law could give the U.S. crypto market a clear legal structure and help companies operate with more certainty.

Stablecoin Rewards Dispute Between Banks and Crypto Firms

The biggest disagreement centers on stablecoin rewards. Crypto companies want to offer 3 to 4% incentives to attract users and compete in the growing digital payments market.

Banks strongly oppose this idea. They worry that rewards could encourage people to move money out of traditional bank accounts and into crypto wallets.

Some financial institutions estimate that stablecoins could pull $500 billions from bank deposits in the coming years. Such outflows could reduce funds available for loans and weaken parts of the banking system.

White House Proposal Fails to Win Bank Support

To resolve the dispute, the White House proposed a middle-ground solution. The plan allowed rewards only for limited uses, such as peer-to-peer payments, while banning incentives for stablecoins that remain idle in wallets.

Most crypto companies accepted the proposal because it still allows them to compete for users. However, banks rejected the compromise and pushed for stricter limits.

Following the disagreement, Donald Trump criticized banks on Truth Social and said he would not allow them to undermine his crypto agenda.

• Also Read :
•   Analyst Warns Clarity Act 2026 Could Be Crypto’s Next “Sell the News” Trap
•   ,

April 16: SEC Hosting Roundtable On Clarity Act

Despite the setback, discussions around crypto regulation continue. The U.S. Securities and Exchange Commission plans to hold a roundtable to review how federal securities laws should apply to digital assets.

The debate will also examine how new crypto rules could support innovation while protecting investors.

BREAKING: The SEC is hosting a roundtable on CLARITY ACT on April 16! $RLUSD #XRP pic.twitter.com/kR8hZOz3gQ

— JackTheRippler © (@RippleXrpie) March 6, 2026

However, with negotiations stalled and banks still resisting stablecoin rewards, many observers now believe the CLARITY Act may not become law until 2026.

FAQs

The post Kazakhstan Central Bank Plans $350M Crypto Investment In BTC, ETH   appeared first on Coinpedia Fintech News

Kazakhstan, known as a regional digital powerhous is preparing to enter the crypto market in a big way. The country’s central bank plans to invest $350 million in cryptocurrencies, including Bitcoin, Ethereum, and other digital assets. 

The plan comes a month after early reports suggested Kazakhstan was exploring crypto investments.

Kazakhstan Central Bank Plan $350M Crypto Investment

The National Bank of Kazakhstan plans to allocate about $350 million to crypto-related investments using funds from its gold and foreign exchange reserves, which currently total around $69 billion.

The initiative was announced by central bank governor Timur Suleimanov, who confirmed that the institution is designing a list of financial tools connected to the digital asset market.

However, the plan will not focus only on cryptocurrencies themselves. 

Just in: National Bank of Kazakhstan plans to allocate $350M to #crypto using funds from its gold and foreign exchange reserves.#CoinPedia #CryptoNews #Blockchain #CryptoMarket

— Coinpedia (@CoinpediaNews) March 6, 2026

According to Suleimanov, the bank is considering a wider strategy that includes several types of investments linked to the crypto industry.

• Also Read :
•   Bitcoin Price Prediction: Will BTC Hold $70K as Iran-Israel Tensions Rise?
•   ,

Investment Goes Beyond Bitcoin, Ethereum

Officials explained that the central bank may allocate funds not only to digital assets like Bitcoin or Ethereum, but also to companies building infrastructure around cryptocurrencies.

This could include technology firms working in blockchain development, companies providing crypto-related services, and investment products such as index funds that follow the performance of digital assets.

The strategy suggests that Kazakhstan is exploring ways to gain exposure to the growing digital economy without relying solely on direct cryptocurrency purchases.

Investments Expected to Start in April or May

According to Aliya Moldabekova, the central bank expects the investment process to begin around April or May.

She clarified that the institution does not plan to move aggressively into cryptocurrencies immediately. Instead, officials are carefully selecting companies and financial instruments connected to digital assets before committing funds.

If implemented, the move could position Kazakhstan among a growing group of governments exploring the role of digital assets in national financial systems.

FAQs

The post Chinese Crypto Whale Predicts Bitcoin To Hit $500K This Year, Here’s Why appeared first on Coinpedia Fintech News

Flagship cryptocurrency Bitcoin, which has been struggling since the start of the year, is now believed to rally 10x. Chinese crypto whale Wei Zhao claimed that Bitcoin could surge to $500,000 by the end of this year. 

He says several strong trends are now coming together that could increase demand for Bitcoin.

He cited multiple reasons why Bitcoin is going to hit $500K This year.

AI Could Create New Demand for Bitcoin

According to Wei Zhao, many big tech companies are now building AI systems that could use crypto. Instead of humans making most payments online, AI agents may soon send money to each other automatically.

Zhao said that AI agents cannot easily use traditional payment networks such as bank accounts or credit cards. Therefore, crypto wallets could become the default payment method for automated software.

Following the advancement into AI, Zhao believes crypto networks could become the main payment system for AI-to-AI transactions.

If billions of AI agents eventually require crypto wallets, demand for digital assets like Bitcoin and stablecoins could increase dramatically.

Coinbase, Circle Fueling the AI-Crypto Trend

Several recent developments support his view. 

• The crypto exchange Coinbase recently launched wallets designed for AI agents rather than human users. 
• Meanwhile, payments company Circle introduced extremely small transactions that allow machines to send payments as low as $0.000001.

Zhao says this type of technology could unlock billions of automated transactions between machines.

Even SpaceX reportedly holds hundreds of millions of dollars worth of Bitcoin, while xAI, the AI venture linked to Elon Musk, has been expanding rapidly and hiring blockchain specialists.

Zhao’s Timeline for Bitcoin Price to hit $500K

According to Zhao’s outlook, Bitcoin could first break $100,000 as infrastructure for AI agents grows. Later, if AI-driven activity expands quickly, institutional investors could start buying Bitcoin aggressively. If that demand arrives, Zhao believes Bitcoin could reach $500,000 by the end of the year.

Looking at the long-term Bitcoin chart, the price seems to be following a similar pattern seen in past cycles before big rallies. Bitcoin is moving inside a long upward channel that has guided its growth for years. In earlier cycles, similar patterns led to huge price jumps.

While the $500K target is still uncertain, Wei Zhao says the current setup looks similar to past moments when Bitcoin rose far beyond expectations.

For now, Bitcoin is trading near $71,000, far below that level. 

The post Vancouver City Staff Drops Bitcoin Reserve Plan, Says BTC Not Allowed appeared first on Coinpedia Fintech News

A proposal to make Vancouver a Bitcoin-friendly city is now facing a setback after city officials recommended cancelling the plan. Staff says local law does not allow the city to invest public funds in Bitcoin.

This puts an end to Mayor Ken Sim’s proposal to add Bitcoin to city reserves and accept crypto payments. He had even pledged to donate $10,000 in Bitcoin if the plan was approved.

Bitcoin Not an ‘Allowable Asset’ Under City Law

After reviewing the proposal, officials working for the City of Vancouver have advised the city council to withdraw the plan to add Bitcoin to the city’s financial reserves.

City staff said that Bitcoin does not qualify as an “Allowed Investment” under the Vancouver Charter. This law decides how the city manages its money and what types of assets it is allowed to invest in.

Since Bitcoin is not on the list of approved assets, the city staff recommended ending the work on this proposal. They also suggested that the city should focus its time and resources on other projects that are a higher priority.

The recommendation came during a review of council plans. Officials looked at 181 plans made between 2018 and 2025. 103 are already finished, while the remaining 78, including the Bitcoin plan, are now being checked to decide if they should continue or be stopped

• Also Read :
•   Bitcoin Price Prediction: Will BTC Hold $70K as Iran-Israel Tensions Rise?
•   ,

How the Bitcoin Reserve Plan Started?

The proposal “Preserving the City’s Purchasing Power Through Diversification of Financial Reserves – Becoming A Bitcoin Friendly City,” was introduced by Vancouver mayor Ken Sim in November 2024. 

#VanCityCouncil approves motion 3. Preserving of the City’s Purchasing Power Through Diversification of Financial Reserves – Becoming A Bitcoin Friendly City.

— Vancouver City Clerk (@VanCityClerk) December 11, 2024

Sim said that Bitcoin could help protect the city’s purchasing power over time. The plan asked city staff to study whether Vancouver could accept payments in Bitcoin and whether a small portion of the city’s financial reserves could be converted into the cryptocurrency.

The city council approved the plan in December 2024 and asked city staff to give an update by early 2025. However, no public report was shared until earlier this week.

Bitcoin’s Price Volatility Ends Vancouver’s Crypto Plan

When Ken Sim made this proposal in December 2024, Bitcoin had just crossed $100,000 for the first time.

Now the BTC price has fallen to around $71,000. City staff in Vancouver say Bitcoin does not qualify as an “allowed investment.”

With staff now recommending that the plan be closed, Vancouver’s plan to become a Bitcoin-friendly city may soon end.

FAQs

The post Bitcoin Miners Sell 15K BTC After $126K High, Is This the Reason Why Bitcoin is Dropping appeared first on Coinpedia Fintech News

Publicly listed Bitcoin mining companies have sold more than 15,000 BTC since October, around the time Bitcoin reached its $126,000 all-time high. Now, several mining companies are planning to sell even more in early 2026. 

With Bitcoin struggling to stay above $70K, investors are asking: Is a bigger Bitcoin price drop coming next?

Bitcoin Miner Sold Over 15,000 BTC Since October

One of the largest sales came from Cango, which sold 4,451 BTC in February, equal to about 60% of its Bitcoin reserves. The company made this move because of its growing $407 million debt. 

By selling the Bitcoin, Cango aimed to reduce its debt and strengthen its balance sheet.

Another major mining company, Riot Platforms, also sold 1,818 BTC in December, reducing its holdings from 19,368 BTC to 18,005 BTC. In company filings, Riot stated that it may sell a significant portion of its Bitcoin holdings in 2026 to improve liquidity and support operational expenses.

Meanwhile, MARA Holdings currently holds more than 53,000 BTC, though the company says it retains the flexibility to buy or sell depending on the market.

Bitcoin Mining Firm Shifting Towards AI 

The recent BTC sales are not only about profit-taking. Some mining companies are also moving their money into AI projects and data centers, which are growing very fast right now. 

For example, Bitcoin miner Bitdeer sold 1,132.9 BTC in just one week, selling all the Bitcoin it was holding. The company now wants to grow its business in AI data centers, cloud services, and mining hardware. To support this plan, Bitdeer has already raised $325 million through convertible notes and $43.7 million through equity funding.

Another major miner, Core Scientific, plans to sell around 2,537 BTC during Q1 of 2026 to help fund its growing AI infrastructure projects.

• Also Read :
•   Will Bitcoin Recover or Crash to $40K Next? Analysts Can’t Agree
•   ,

Why Are Bitcoin Miners Selling BTC?

Several factors may be driving the selling. Eventually, mining costs have increased due to higher hash rates and mining difficulty, making operations more expensive. At the same time, Bitcoin’s recent drop toward $70K has reduced mining profit margins.

Some miners are also diversifying into artificial intelligence infrastructure, which requires large capital investments.

SwanDesk CEO Jacob King recently said on X that Bitcoin has become a “failed experiment,” saying companies that once promoted Bitcoin are now selling quickly after profits declined.

One by one, all Bitcoin treasury companies will either willingly dump their BTC or be forced to as prices fall.

Data shows companies have reduced their exposure to BTC by over
37% within the past three months, the largest downturn in history.

Bitcoin is a failed experiment.… pic.twitter.com/zwfYTLB27H

— Jacob King (@JacobKinge) February 23, 2026

Will Bitcoin Price Drop Ahead?

Some Bitcoin mining companies may sell more BTC in 2026, which could affect the price. At the same time, rising tension between the U.S., Israel, and Iran is making investors move away from risky assets like crypto.

Earlier this year, heavy miner selling pushed Bitcoin briefly below $60,000. Because miners often sell BTC to cover costs and upgrades, analysts believe more selling could happen this month.

As of now, Bitcoin is trading around $$70,191, reflecting a 3% drop in the last 24 hours. 

FAQs

The post Theta Token (THETA) Price Prediction 2026, 2027-2030: THETA Price Targets & Forecasts appeared first on Coinpedia Fintech News

Theta Network (THETA) is a Layer-1 blockchain focused on decentralized video streaming, AI infrastructure, and entertainment applications. The ecosystem operates through a dual architecture consisting of the Theta blockchain and the Theta Edge Network.

The Theta blockchain handles staking, governance, payments, and smart contracts, while the Edge Network powers decentralized video delivery, storage, and distributed computing workloads.

Theta Network native token THETA is currently trading around $0.1955, nearly 90% below its peak.

With the growing demand for decentralized video infrastructure and AI computing networks, the THETA token price is predicted to achieve a new high in the coming time.

Here is CoinPedia’s Theta Network price prediction for 2026, 2027, and 2030.

Let’s find out.

Theta Network Price Today

Cryptocurrency	Theta Network
Token	THETA
Price	$0.1978 0.55%
Market Cap	$ 197,757,421.43
24h Volume	$ 13,848,816.3391
Circulating Supply	1,000,000,000.00
Total Supply	1,000,000,000.00
All-Time High	$ 15.8984 on 16 April 2021
All-Time Low	$ 0.0398 on 13 March 2020

THETA Price Targets For March 2026

March 2026 could be an important month for Theta. The project is connecting its EdgeCloud engine with global software platforms like RapidAPI, making its GPU power easier for developers to use.

At the same time, Theta upgraded its system from NVIDIA H100 to faster H200 GPUs, improving AI training and processing speed.

The network is also growing through new enterprise and telecom partnerships, with more groups running validator nodes and supporting its services.

If more developers join and AI demand keeps rising in 2026, Theta’s price could move above $0.29.

Technical Analysis

On the daily timeframe, Theta remains locked in a prolonged downtrend, clearly defined by a descending trendline that has consistently connected lower highs since October. A strong daily close above the descending trendline with rising volume would signal a trend reversal.

Meanwhile, the 20-day moving average is sloping downward, showing short-term bearish control, but the price is attempting to stabilize above the lower band near $0.18. Immediate support sits at $0.18; a breakdown below this level could expose $0.15. 

On the upside, key resistance lies at $0.29, aligning with the descending trendline and mid-Bollinger band.

Month	Potential Low ($)	Potential Average ($)	Potential High ($)
THETA Price Prediction March 2026	$0.14	$0.186	$$0.29

THETA (THETA) Price Prediction 2026

Theta Network is actively executing its 2026 Roadmap, which shifts the network’s focus from video streaming to decentralized AI and edge computing. 

The first catalyst is the EdgeCloud decentralized GPU infrastructure, which aims to provide distributed computing resources for AI training and inference workloads.

The second is the creation of an AI agent economy, where automated AI services can interact with users and businesses, generating real-world transactions within the Theta ecosystem.

The third factor is enterprise adoption, as telecom companies and major organizations may participate as validator nodes or infrastructure partners.

If these developments gain traction and the broader crypto market enters a bullish cycle, THETA could gradually recover from its current levels.

Year	Potential Low ($)	Potential Average ($)	Potential High ($)
THETA Price Prediction 2026	$0.16	$0.48	$0.91

THETA Price Prediction 2026 – 2030

Year	Potential Low ($)	Potential Average ($)	Potential High ($)
2026	$0.16	$0.48	$0.91
2027	$0.35	$0.86	$2.30
2028	$0.79	$1.90	$4.18
2029	$1.56	$0.48	$8.85
2030	$3.93	$9.47	$14

Theta Token (THETA) Price Prediction 2026

If Theta successfully expands its decentralized AI infrastructure and EdgeCloud adoption grows, the token could approach $0.91 by the end of 2026.

THETA Price Prediction 2027

By 2027, decentralized compute infrastructure could become a major narrative in the crypto industry, following which THETA could move toward $2.30.

THETA Token Price Prediction 2028

If Theta manages to scale its distributed GPU network and attract large-scale AI workloads, the token could test the $4.18 level.

THETA Coin Price Targets 2029

Stronger enterprise partnerships and expanding use cases in sports, gaming, and media platforms could drive the token toward $8.85.

Theta Token (THETA) Price Prediction 2030

If Theta successfully positions itself as a decentralized infrastructure layer for AI computing, video streaming, and distributed cloud services, THETA could potentially reach $14 by 2030.

What Does The Market Say?

Year	2026	2027	2030
Wallet Investor	$3.17	$4.01	$6.47
priceprediction.net	$4.58	$6.72	$27.42
Digitalcoinprice	$5.65	$8.02	$16.98

CoinPedia’s THETA Price Prediction

From CoinPedia’s perspective, Theta is transitioning from a decentralized video streaming platform into an AI and edge computing infrastructure network.

Meanwhile, a strong partnership base like Samsung VR can drive Theta to better heights. Secondly, if the theta network works on its improved security and partners with giants.

If this happens, the Theta token price will drastically rise and might hit $0.91 by the end of 2026.

Year	Potential Low ($)	Potential Average ($)	Potential High ($)
2026	$0.16	$0.48	$0.91

FAQs

The post Altcoin Season Talk Hits Two-Year Low, Says Santiment appeared first on Coinpedia Fintech News

Talk about an “altcoin season” has dropped to its lowest level in two years. According to Market intelligence platform Santiment, when discussions about altcoins become very quiet on social media, it has often happened just before big altcoin rallies in the past.

Social Sentiment Around Altcoins Is Cooling

Data shared by Santiment shows that mentions of “altseason” across social media platforms have fallen to extremely low levels

To highlight this pattern, Santiment compared weekly social mentions of altcoin season with the price movement of Dogecoin, one of the market’s most speculative and sentiment-driven assets. 

Historically, spikes in “altseason” discussions often coincided with price peaks for assets like Dogecoin and other meme coins. Meanwhile, periods when social chatter collapsed tended to appear near market bottoms.

Similarly, Google search data shows a sharp drop in searches for the term “altcoins” over the past month.

True Altcoin Season Yet To Come

Despite the interesting signal, the market has not yet entered a full altcoin cycle.

The Altcoin Season Index currently stands around 43, far below the 75 level required to confirm a true altseason. This means most altcoins are still underperforming Bitcoin, which continues to dominate the market.

Across crypto forums and Reddit discussions, many traders are still waiting for Bitcoin to push higher before altcoins begin their typical rotation rally. Some users believe a new altcoin cycle may only begin once Bitcoin reaches fresh highs and liquidity spreads across the broader market.

Bitcoin Rally Could Be the First Trigger

Meanwhile, the broader crypto market has started showing signs of renewed momentum.

Total crypto market capitalization recently climbed to around $2.45 trillion, rising roughly 2% in a single day after Donald Trump urged lawmakers to finalize U.S. crypto market structure rules quickly.

Following those comments, Bitcoin jumped nearly 6%, while major altcoins like Ethereum and XRP gained between 3% and 9%.

For now, Santiment says the market may be entering a phase where silence around altcoins becomes the most important signal of all.

FAQs

The post Eric Trump Accuses Big Banks JPMorgan, BoA of Blocking Crypto Yields appeared first on Coinpedia Fintech News

As debate over the CLARITY Act grows, Eric Trump accuses major banks of blocking crypto yields. He claims banks like JPMorgan, Bank of America, and others are try to blocking high crypto yields, claiming they want to protect bank profits

His comment came after Donald Trump said banks oppose the CLARITY Act because they fear it could reduce their profits.

Eric Trump Says Banks Blocking Crypto Yields

In a recent post on X, Eric Trump claimed that some of the largest U.S. banks, including JPMorgan Chase, Bank of America, and Wells Fargo, are trying to convince lawmakers to limit crypto platforms from offering high savings yields.

He believes they are using “financial stability” as a reason to protect their dominance over the market.

However, banks disagree with this. Industry groups warn that high stablecoin yields could act like unregulated deposits and pull money away from the banking system, which may weaken lending activity.

Let me make this very clear: Big Banks (think JPMorgan Chase, Bank of America, Wells Fargo, etc.) are lobbying overtime to block Americans from getting higher yields on their savings—while trying to block any rewards or perks from being given to customers.

These banks, and…

— Eric Trump (@EricTrump) March 4, 2026

Banking groups also say up to $6.6 trillion in deposits could be at risk if interest-paying stablecoins become widely used. 

Eric Trump added that banks fear losing 30% to 35% of their deposits if people move their savings to crypto platforms offering higher returns.

• Also Read :
•   Why Has Kraken’s Fed Master Account Fueled New Hopes for Ripple and XRP?
•   ,

Stablecoin Yields vs Bank Savings Rates

At the center of the debate is the large gap between what banks pay customers and what crypto platforms claim they can offer.

Most large banks currently offer savings rates between 0.01% and 0.05%, while several crypto companies say stablecoin programs could deliver yields of 4% to 5% or more.

Eric Trump said banks benefit from this big gap. People earn almost nothing on their savings, while banks can earn around 4% or more from the Federal Reserve. According to him, this creates huge profits for banks but very little return for customers.

Crypto Leaders Support Clear Regulations for Stablecoins

Several figures in the digital asset industry have backed clearer crypto rules. Among them are Brad Garlinghouse and Cynthia Lummis, both of whom have expressed support for policies that allow crypto businesses to operate with defined legal frameworks.

Meanwhile, Jerome Powell recently said banks are “well equipped to serve crypto-related clients,” signaling that traditional finance may still play a role in the evolving digital asset economy.

Let me make this very clear: Big Banks (think JPMorgan Chase, Bank of America, Wells Fargo, etc.) are lobbying overtime to block Americans from getting higher yields on their savings—while trying to block any rewards or perks from being given to customers.

These banks, and…

— Eric Trump (@EricTrump) March 4, 2026

For now, the CLARITY Act remains stalled in the Senate Banking Committee. Perhaps crypto leaders believe that it will pass by mid-2026.

FAQs

The post Crypto OG Loses $24M In Suspected Address Poisoning Attack – PeckShield appeared first on Coinpedia Fintech News

A major security breach has shocked the crypto community after a wallet linked to an early crypto participant and NFT collector, sillytuna, lost roughly $24 million worth of aETHUSDC in what analysts believe to be an address poisoning attack.

But, sillytuna says that the theft process actually involved violence, weapons, kidnapping, and rape threats.

Lets Find it out!

How Sillytuna Loses $24M In Address Poisoning Attack

Blockchain security firm PeckShield first flagged suspicious activity after noticing a large token transfer from a wallet beginning with 0xd2e8…ca41, reportedly associated with a long-time crypto figure. 

On-chain records show the wallet sent 23,596,293 aEthUSDC (worth roughly $23.5 million) in a single transfer to another wallet (0x6fef…a246032). PeckShield believes the attacker used an address-poisoning technique 

#PeckShieldAlert A @sillytuna (0xd2e8…ca41)-related address has been drained of ~$24M worth of $aEthUSDC in an address poisoning attack.

~$20M in $DAI is currently sitting in 2 attacker-controlled staging wallets (not yet mixed):

-0xdCA9…c9C4 (~$10M)
-0xd0c2…dd3e (~$10M)… pic.twitter.com/alzSYrvLVz

— PeckShieldAlert (@PeckShieldAlert) March 5, 2026

Further, the attacker quickly converted $20 million of the stolen assets into DAI and distributed the funds across two intermediary wallets.

• One wallet with an address (0xd0c…9dd3E) holding around $10 million in DAI.
• Second wallet with address (0xcdCA…eC9C4) holding 9.979 million in DAI. 

Attacker Started Bridging Fund Towards Arbitrum

Blockchain monitoring also shows the attacker has started bridging small portions of the funds to the Arbitrum network.

One tracked transfer indicates a bridge transaction sending roughly 49.85 ETH, which resulted in over 106,000 USDC appearing on Arbitrum through a cross-chain bridge.

Security researchers believe the attacker may continue moving funds in smaller portions to avoid triggering alerts.

Victim Claims Physical Threats Were Involved

Shortly after the attack became public, sillytuna confirmed the compromised wallet was his personal address, revealing that the situation involved serious real-world threats.

$24 million dollar theft of AUSD from 0x6fe0fab2164d8e0d03ad6a628e2af78624060322

Involved violence, weapons, kidnapp and rape threats. Obvs police involved.

Please pass on to all those who trace such things.

And now… definitely out of crypto. ****ers.

Still have limbs,…

— Sillytuna (@sillytuna) March 4, 2026

According to his statement, the incident included violence, weapons, and kidnapping threats, adding that law enforcement authorities are now handling the investigation.

Shaken by the incident, the veteran crypto participant said he plans to leave the crypto industry completely. 

Despite the loss, sillytuna said he was thankful the situation did not turn worse and that he managed to escape without serious physical harm.

Bounty Offered to Recover Stolen Funds

Following the incident, the NFT collector publicly offered a 10% bounty for anyone able to help recover the stolen funds. The offer applies to individuals, investigators, or even parties involved in the incident who may return the assets.