Berachain – EVM-identical Layer 1 blockchain – has reached a new milestone this week. Within 20 days of its Mainnet launch, Berachain has surpassed major blockchains such as SUI, Avalanche, and Arbitrum, in Total Value Locked (TVL), after hitting $3.27 billion before retreating mildly. Berachain secured the sixth position in DeFi TVL following the new...Read More
A few days ago, the capital market company Altvest Capital became the first publicly traded African company to adopt Bitcoin as a treasury reserve asset. This move was announced as part of a broader treasury management strategy that focused on strengthening the firm’s financial resilience and protecting its business from currency depreciation risks. Stafford Masie,...Read More
Stablecoin Bank Infini has suffered a security breach that resulted in the theft of over $49 million in USDC. On-chain tracking platforms identified that the attack happened due to an exploiter misusing retained administrative privileges. Ex-Developer Behind the Hack CertiK was the first to detect unusual activity on February 24, reporting unauthorized fund transfers from...Read More
The meme coin sector is growing rapidly, with thousands of tokens released daily. While many market experts have bashed the industry and its inherent lack of utility, some others believe the sector is not completely useless. One of them is Ki Young Ju, founder and CEO of the market analytics platform CryptoQuant. Ju says meme...Read More
Raydium’s native RAY token has taken a hit, nosediving by more than 29% after reports emerged that Pump.fun is developing its own automated market maker (AMM). If true, the move could threaten Raydium’s dominance in the Solana decentralized finance (DeFi) ecosystem. Pump.fun to Launch AMM? Reports have been circulating that Pump.fun, known for its meme...Read More
Abstract: In this short political rant of a piece, we look at Trump’s memecoin and the sheer absurdity of it. We try to examine how Trump appears to have gotten away with such a blatant display of selfish financial lunacy. We discuss differing views on political memecoins from Arthur Hayes to Grant Williams. The Office...Read More
Non-KYC centralized exchange eXch has denied accusations that it’s laundering funds from the Bybit hack on behalf of the Lazarus Group. This was in response to social media accusations that it had moved over $30 million from the exploit. eXch’s Response In a Feb. 23 announcement posted on the Bitcointalk forum, the eXch team said...Read More
[PRESS RELEASE – Victoria, Seychelles, February 24th, 2025] Bitget, the leading cryptocurrency exchange, and Web3 company, is pleased to announce its integration with Callpay, a trusted payment solutions provider, to offer deposit and withdrawal services in South African Rand (ZAR). This integration marks a significant step in Bitget’s mission to enhance accessibility and streamline fiat-to-crypto transactions for users in...Read More
The launch of Pi was one of the most sensational events in the crypto industry last week. On February 20, on the day when the launch took place, the PI price marked a massive single-day growth of 726%. As early adopters rushed to cash in on their holdings, the same day, the market closed at...Read More
Ethereum prices displayed resilience over the weekend, rapidly bouncing back from a slump following the massive hack of the Bybit crypto exchange. The asset slumped 7% in a matter of hours on Feb. 21, falling from $2,832 to $2,629 in the wake of the $1.4 billion Bybit hack of Ethereum assets. However, ETH tapped $2,800...Read More
[PRESS RELEASE – Seoul, South Korea, February 24th, 2025] MARBLEX, the web3 gaming ecosystem powered by global gaming giant Netmarble, and Dracoon Ventures, a web3 game-specialized VC, are officially opening applications for MBX/HACK the FUN. This hybrid program combines a hackathon with an acceleration initiative, designed to help web3 game developers build, refine, and successfully...Read More
A number of recent economic reports revealed cracks in the US economy’s resilience last week, with the lowest service-sector PMI reading in over two years. This week will see key GDP and PCE inflation data released which could rattle markets even further. “PCE inflation will be the final piece to the puzzle as both PPI...Read More
The Ethereum Foundation has announced the Open Intents Framework (OIF), a modular and open framework designed to improve interoperability across the Ethereum ecosystem. The new standard is developed with the collaboration of over 30 teams which includes Layer 2 networks, wallets, and infrastructure providers. Open Intents Framework According to the official announcement on February 19th,...Read More
