CZ Speaks On North Korea's Bitcoin Reserve

Former Binance CEO CZ commented on North Korean hackers amassing a significant Bitcoin reserve, ranking them among the top state holders, and warned against the proliferation of new crypto tokens without utility. South Korea has opted against including Bitcoin in its strategic reserves due to price volatility and IMF guidelines. Meanwhile, a crypto whale made a large bearish bet on Bitcoin while being bullish on the MELANIA token, and Telegram's TON saw a price surge after Pavel Durov regained his passport. Finally, Solana marked its fifth anniversary with decreased network activity as the launch of the Firedancer client approaches.