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Bitcoin Depot has reported a significant security breach resulting in the theft of 50.9 BTC, valued at approximately $3.7 million. The crypto ATM operator detected unauthorized access to its internal systems on March 23, leading to the transfer of funds from company-controlled wallets. While customer data remains secure, the company has initiated incident protocols and informed law enforcement. A third-party investigation is underway, and insurance may cover some losses.In other news, the Ethereum Foundation has begun converting 5,000 ETH into stablecoins to support research and grants. So far, 3,750 ETH, worth $8.3 million, has been sold, causing ETH prices to dip 3.32% to $2,179. Despite this, Ethereum remains up over 6% for the week. Meanwhile, Canary Capital has filed for a spot ETF tied to Pepe (PEPE), highlighting ongoing institutional interest in diverse crypto assets.

BTC+1.30%ETH+1.46%PEPE+1.48%

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