As discussions around crypto fraud intensify following the recent $1.5 billion Bybit hack, Ethereum co-founder Vitalik Buterin is urging the industry to recognize another major risk. According to him, while much attention is given to preventing theft, not enough is done to protect people from accidental loss due to user errors. Accidental Crypto Loss Remains...Read More
Thorchain, the interoperability-focused decentralized exchange protocol, is losing key developers as internal disagreements escalate over how to handle illicit funds flowing through the network. The issue gained urgency after reports confirmed that North Korea’s Lazarus Group has been using the protocol to launder Ethereum (ETH) stolen in the recent Bybit hack. Developers Look to Quit...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, February 28th, 2025] XYZVerse, a cryptocurrency project that combines elements of sports and meme coins, has raised over $8 million in its presale ahead of the token generation event scheduled for Q2 2025. Nearly $1 million was raised in the past week alone, according to the project’s announcement....Read More
Ethereum co-founder and CEO of Consensys – Joseph Lubin – announced that Consensys and the US Securities and Exchange Commission (SEC) have reached an agreement in principle to dismiss the securities enforcement case concerning MetaMask. The case, which targeted Consensys’ popular cryptocurrency wallet, is expected to be formally closed pending approval by the agency. SEC...Read More
Following a period of notable gains, the crypto market experienced a significant decline, creating uncertainty in February. The market crash, which saw investors lose billions, left many reeling, particularly after the sharp crash in the last week, referred to by some analysts as the ‘Trump-dump.’ Despite this, increased activity by major investors, or ‘whales,’ around...Read More
The US Securities and Exchange Commission’s (SEC) Division of Corporation Finance released a statement clarifying its views on the application of federal securities laws to meme coins. In a statement this week, the division stated that it does not view meme coins as securities but more like collectibles. Meme Coins Are Not Securities According to the...Read More
Bitcoin (BTC) has fallen below the $80,000 mark for the first time in almost four months, and market analysts believe the crypto asset could witness more bloodshed over the weekend. Such were the words of Arthur Hayes, the co-founder and former CEO of the crypto exchange and derivative trading platform BitMEX, in an X post....Read More
By Sandra Grabowiec When Web3 first emerged in 2014, with the term coined by Ethereum co-founder Gavin Wood, it was heralded as the genuine next evolution of the internet. It promised a decentralized, user-centric ecosystem where individuals could take back control of their data, finances, and social interactions, while potentially being rewarded for doing so...Read More
Crypto traders are showing peak confidence in buying the latest market dip, but Santiment data suggests this optimism may be a prelude to more price drops. According to the on-chain analytics platform, discussions about “buying the dip” have reached their highest level in seven months, driven by Bitcoin’s plunge below $80,000. Looking for a True...Read More
[PRESS RELEASE – Kingstown, St. Vincent and the Grenadines, February 28th, 2025] Recognised as a top-5 trending app in Telegram, #Memhash reveals to build one of the largest DePIN projects with currently almost 1.2 million monthly active users. #Memhash, a Telegram-based application, announces a significant milestone in its ongoing development setting up an AI agent...Read More
Bitwise Asset Management has taken a major step towards launching an Aptos-focused exchange-traded fund (ETF) by registering an Aptos ETF entity in Delaware. The filing, submitted on February 25 to the Delaware Division of Corporations, signals the company’s intention to introduce a spot ETF centered on the layer-1 cryptocurrency Aptos. While this move does not...Read More
Crypto market capitalization has lost 18% over the past week, falling to its lowest level since the end of October at $2.75 trillion on Friday. Support lines have been broken, and all gains since the US presidential election in November have been wiped out as a whopping $600 billion has exited the space over the...Read More
[PRESS RELEASE – USA, USA, February 25th, 2025] Saga, the Layer 1 platform purpose-built for launching dedicated application-specific blockchains (chainlets), is proud to announce the official launch of its Liquidity Integration Layer (LIL). As the first solution of its kind, LIL addresses liquidity fragmentation in a natively multichain environment, empowering developers to launch innovative Defi...Read More
[PRESS RELEASE – San Francisco, CA, February 28th, 2025] Sealance’s Zero Knowledge Privacy-Preserving Technology and Industry-Leading Team to Bolster Forte’s Rules Engine Solutions for Web3 Developers Forte, the premier on-chain compliance solution for blockchain projects, has acquired Sealance Corp., the creators of the first zero-knowledge (ZK) policy engine to facilitate regulatory compliance on decentralized blockchains....Read More
The Federal Bureau of Investigation (FBI) has officially attributed the recent $1.5 billion cyberattack on cryptocurrency exchange Bybit to North Korea’s state-sponsored Lazarus Group. The attack, which occurred on February 21, saw hackers infiltrate one of Bybit’s cold wallets and steal over 41,000 ETH. This breach added to a growing list of high-profile cryptocurrency heists...Read More
A new perp listing for SHELL (Venice Token) – SHELLUSDT – is now available to trade on BitMEX, with up to 50x leverage. Trading started here at 04:00 UTC on 28 Feb 2025. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users-...Read More
