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🌙 Bitcoin Hits Another Record High Above $111,000

BTC’s market capitalization tops $2.2 trillion as ETH and SOL surge 7%.

Author

Mike Gavela
May 22, 2025

Crypto Roundup - May 22

Bitcoin surged past $111,000, setting another all-time high as institutional enthusiasm continues to fuel its momentum. However, the bullish sentiment was marred by major security concerns, as Coinbase disclosed a $400 million breach tied to a sophisticated social engineering attack. Simultaneously, the DeFi sector was rattled by the Cetus Protocol exploit, where a hacker looted $223 million and quickly converted a significant portion into ETH, raising alarm about laundering tactics across decentralized platforms.

Top Stories

  • Bitcoin breaks past $111K, continuing its record-setting streak amid increasing institutional demand and market optimism.

  • Coinbase confirms $400M breach, exposing the exchange’s vulnerability to coordinated phishing and API misuse.

  • Cetus hacker converts $60M to ETH, escalating fears over DeFi exploit laundering and inadequate cross-chain security.

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TOP STORIES

Bitcoin Hits Another Record High Above $111,000 - "The Defiant"

BTC’s market capitalization tops $2.2 trillion as ETH and SOL surge 7%.

thedefiant.io/news/markets/bitcoin-hits-another-record-high-above-usd111-000

'Major Wake-Up Call': How $400M Coinbase Breach Exposes Crypto's Dark Side

Coinbase said 69,461 customers were initially impacted by the breach, but fears remain over the threat of real-world robberies.

www.coindesk.com/business/2025/05/22/major-wake-up-call-how-usd400m-coinbase-breach-exposes-crypto-s-dark-side

Cetus Hacker Buys $60 Million of ETH After Looting $223 Million - "The Defiant"

The Sui ecosystem has suffered a major exploit that drained the liquidity of its top DEX.

thedefiant.io/news/hacks/cetus-hacker-buys-usd60-million-of-eth-after-looting-usd223-million

FUNDRAISING

Bitcoin News (BTC): Roxom Global Raises $17.9M in Funding

RoxomTV is being built as a media network backed by a 100% Bitcoin treasury and currently holds 84.72 BTC.

www.coindesk.com/business/2025/05/22/roxom-global-raises-179m-to-build-btc-treasury-back-247-media-network

OTHER HEADLINES

Bitcoin Pizza Day, 15 Years Later: Here's How Much Those Pies Are Worth Now - Decrypt

Back in 2010, a man paid 10,000 BTC to buy two pizzas. With Bitcoin hitting a new all-time high, here's how much those coins are worth now.

decrypt.co/321640/bitcoin-pizza-day-15-years-later-how-much-pies-worth

How attacker used fake tokens to swipe $220m from Sui DeFi exchange Cetus

The attacker exploited flaws in Cetus’ smart contracts. Cetus is the biggest DEX aggregator on Sui. Several Sui-based tokens crashed due to the exploit.

www.dlnews.com/articles/defi/how-hacker-used-fake-tokens-to-syphon-220m-sui-dex-cetus

Strategy Announces $2.1 Billion STRF At-The-Market Program

May 22, 2025

www.strategy.com/strf-atm-launch-05-22-2025

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