🔥 CRYPTO DAILY: INSTITUTIONS, ACQUISITIONS & SAYLOR'S STACK

Major players are making strategic moves, highlighting the ongoing integration of traditional finance into crypto and key ecosystem updates.

🚀 Russia's Sberbank Embraces Crypto Collateral
Russia's largest bank, Sberbank, has pioneered its first crypto-backed loan, extended to Bitcoin mining firm Intelion Data. This landmark transaction signals a growing acceptance of digital assets as legitimate collateral within the traditional banking system.

🚀 Mirae Asset Eyes Korbit Exchange Acquisition
South Korean financial titan Mirae Asset is reportedly negotiating to acquire Korbit, a prominent local crypto exchange. The estimated $70M–$100M deal underscores the continuing convergence of legacy finance and the digital asset space.

🚀 Saylor's Strategic Bitcoin Accumulation Continues
Michael Saylor revealed MicroStrategy will add more #BTC to its formidable holdings this week. The firm's current stack stands at 671,268 BTC (valued around $59.5B), reinforcing its position as a leading institutional Bitcoin whale.

🚀 Trust Wallet Initiates Compensation for v2.68 Hack
Following the ~$7M security incident affecting its v2.68 browser extension, Trust Wallet has opened its compensation process. Users impacted by the exploit are advised to follow official channels to claim their reimbursements.

📍 Key Takeaway: Despite market fluctuations, institutional confidence in crypto's long-term value remains robust, as evidenced by these strategic plays.

#CryptoNews #InstitutionalAdoption #TrustWallet #MarketBrie f