2026-01-19 23:40:49

The restaurant chain Steak 'n Shake has bolstered its corporate reserves with over $10 million worth of Bitcoin holdings, reflecting growing institutional adoption of crypto assets in the traditional business sector.

On the security front, investors should remain vigilant as a sophisticated social-engineering attack has compromised $282 million in combined BTC and LTC holdings from multiple hardware wallet users, highlighting ongoing risks despite cold storage benefits.

Meanwhile, Ethereum network conditions continue to improve, with average gas fees dropping below the $0.01 threshold—a significant development for DeFi users and regular transaction participants seeking cost efficiency.

In regulatory news, the U.S. Commodity Futures Trading Commission (CFTC) has established a dedicated committee focused on developing comprehensive regulatory frameworks for the cryptocurrency and digital assets sector, signaling increased governmental engagement with market oversight.

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LTC0.78%

ETH-0.55%

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TokenToaster

· 3h ago

Steak restaurants are starting to stock up on Bitcoin, traditional finance is really getting anxious. Security issues are still the main concern; 280 million was lost in a social engineering attack, cold wallets are not a silver bullet... Ethereum gas fees have really decreased, but what can this amount of money do? Regulation is coming, it's unclear whether it's a benefit or a drawback.

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ser_ngmi

· 3h ago

steak 'n shake buying Bitcoin? Traditional companies are starting to stack coins, this time it's really different Wait, 282 million was phished by social engineering? Can't even protect cold wallets, still need to be cautious oneself Gas fees have dropped below 0.01, ETH can finally be used, the spring of DeFi? The US CFTC is coming to regulate again, is this good or bad? Hard to say...

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GlueGuy

· 3h ago

steak n shake buy Bitcoin? Honestly, I have no idea what they're thinking, but this works too --- 2.8 billion gone... Cold wallets are no longer safe. I am increasingly losing trust in these --- Gas fees break 0.01? Finally, the day has come. DeFi can live on --- CFTC is forming a committee again. Is this to regulate tightly or to keep it alive? --- Institutions are hoarding coins, and I am still hesitating. Absolutely amazing --- Such aggressive social engineering attacks, did I just buy a hardware wallet for nothing? --- Ethereum really has taken off. This round, you can play with DeFi --- Regulation is coming, everyone. Be careful not to capsize

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GateUser-c802f0e8

· 3h ago

Steak 'n Shake hoarding Bitcoin? Now even Burger King has to panic 282 million settled, cold wallets are not even safe, outrageous Ethereum gas fees dropping like this, finally able to trade happily CFTC is causing trouble again, regulatory reach is getting longer and longer Below $0.01? This is the real DeFi spring Institutional entry into Bitcoin is a done deal, traditional capital is really coming Social engineering attacks are so fierce... need to check your security habits carefully Regulations are regulations, but it feels like the crypto circle is about to get trapped

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rekt_but_resilient

· 3h ago

Steak chain stores are stockpiling Bitcoin, traditional companies are really starting to take cryptocurrencies seriously $282 million stolen through social engineering attack? Cold wallets are no longer safe, wow Gas fees drop below 0.01, Ethereum is on fire, finally able to enjoy DeFi happily Regulation is coming again, CFTC is about to target us, so annoying Traditional financial giants entering BTC, is this going to take off or just another way to trap retail investors?

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