Ethereum Layer 2 platform, Abstract, has released an initial post-mortem on a security incident that resulted in the compromise of approximately $400,000 worth of ETH across 9,000 wallets interacting with Cardex, a blockchain-based game on its network. The report clarified that the breach stemmed from vulnerabilities in Cardex’s frontend code rather than an issue with...Read More
The leading cryptocurrency market maker, Wintermute, has revealed plans to expand its business to the United States amid the emergence of a more favorable environment for digital assets in the country. Wintermute’s CEO Evgeny Gaevoy disclosed the company’s plans in an interview with Bloomberg at the ongoing Consensus crypto conference in Hong Kong. Gaevoy said...Read More
Barstool Sports founder Dave Portnoy launched a meme coin called $GREED today from his official wallet. However, he sold his entire position an hour later, causing the token’s value to crash by more than 90%. A Social Experiment In a February 19 post on X, the founder criticized the meme coin space, stating: “The entire...Read More
XRP, the native token of Ripple Labs, is once again showing strength as its price continues to soar. On February 19, 2025, the asset witnessed an impressive recovery, surging 6.5% from $2.51 to $2.65 in the past 24 hours. Shift in Market Sentiment This price jump and the ongoing market recovery seem to be gaining...Read More
Changpeng Zhao, founder and former CEO of the world’s largest crypto exchange, Binance, has decided to donate tokens he received from anonymous market participants to victims of the Test (TST) and Broccoli meme coin projects. The prominent crypto figure clarified that while he has decided to help victims of TST and Broccoli, his actions should...Read More
Chainlink’s (LINK) sharp 40% decline over the past month now raises questions about a potential rebound. The downturn coincides with a network contraction, indicating reduced activity. The token is currently trading at a little over $18. However, certain factors signal that a rebound might just be on the horizon. Comeback For LINK According to the...Read More
The US arm of the world’s largest cryptocurrency exchange has restarted all USD-based services for local investors after a nearly three-year hiatus. The announcement, shared by the company earlier today, indicates that the services are operational as of February 19 and will be gradually rolled out to “all eligible customers in the coming days.” The...Read More
Bubblemaps, in collaboration with popular YouTuber Stephen Findeisen a.k.a. Coffeezilla, has identified pseudonymous crypto trader Naseem as the likely account that profited over $100 million trading the official TRUMP meme coin. While the research does not definitively prove Naseem is behind the trading activity, Bubblemaps stated that there are “too many connections to ignore.” Blockchain...Read More
Market sentiment for Solana (SOL) is at the most negative levels seen in a month, according to data gathered by the on-chain intelligence platform Santiment. Investors are expressing more bearish sentiment about the sixth-largest cryptocurrency by market cap; however, Santiment says this may be a signal for an incoming price jump. Solana Sentiment Plunges to...Read More
[PRESS RELEASE – Singapore, Singapore, February 19th, 2025] ForU AI is announcing the launch of a transformative platform that brings Real-World AI (RWAI) to a decentralized network of AI Agents. The Community AI-DiD initiative powers this network, a unique program allowing users to create and train their AI Agents, fostering a community-driven approach to AI...Read More
[PRESS RELEASE – PANAMA CITY, Panama, February 19th, 2025] BingX, a global leading cryptocurrency exchange, has unveiled its new futures trading page. The update comes at a pivotal moment as the platform proudly stands among the world’s top five derivatives platforms in 2024, according to reliable reports from industry leaders CoinGecko and Coinglass. This distinction...Read More
Ethereum transaction fees have dropped significantly. The average transfer cost currently sits at $0.41, compared to the $15.21 peak seen over the last two years. This could be an opportunity for investors. Lower Ethereum Fees According to Santiment’s latest analysis, lower fees generally indicate that the network isn’t congested. When transaction costs are minimal, it...Read More
[PRESS RELEASE – Victoria, Seychelles, February 19th, 2025] Bitget, the leading cryptocurrency exchange and Web3 company, announced the expansion of its global recruitment initiative Bitget Builders Program which invites crypto enthusiasts from various backgrounds to co-build the Bitget ecosystem while unlocking exclusive benefits, event access, and growth opportunities. Starting February 2025, the Bitget Builders Program...Read More
Crypto markets are down again today, with total capitalization having lost around 3% over the past 24 hours in a fall to $3.24 trillion. As usual, the brunt of the losses is from altcoins, which have continued to bleed for most of this month. Nevertheless, February has usually been a pivotal period for altcoins and...Read More
Cardano (ADA) saw its price surge by 126% in Q4 2024, while its market capitalization grew to $30.3 billion. This price jump triggered ADA’s circulating market cap rank from 11th to 9th. The increases in both price and market cap aligned with the US election in November and the broader rally of cryptocurrencies. As such,...Read More