European regulators are closely examining the role of OKX in laundering funds from a massive cyber heist on Bybit. National regulatory bodies across the European Union deliberated on the issue during a meeting led by the European Securities and Markets Authority’s (ESMA) Digital Finance Standing Committee on March 6. OKX Faces Intense Scrutiny The focus...Read More
A massive liquidation event involving a whale’s $340 million ETH position has sent shockwaves through Hyperliquid, resulting in an 8.5% price drop for its native HYPE token. The fallout also left the platform’s HLP vault with a $4 million loss, sparking concerns among traders and investors that it may have fallen victim to hackers. What...Read More
[PRESS RELEASE – Las Vegas, United States, March 12th, 2025] ATMTA, the visionary team behind Star Atlas, today announced a landmark strategic equity investment in Shaga, a trailblazing decentralized cloud gaming platform. This strategic partnership includes a significant investment in Star Atlas game assets and the $ATLAS token, aimed at driving user acquisition while unlocking...Read More
There has been a significant surge in the total amount of tokens transferred for all stablecoins, indicating potential accumulation activity. Historically, such spikes do not occur during a price decline but rather after the market has entered a consolidation phase. Stablecoin Activity Signals Accumulation According to CryptoQuant’s analysis, the latest pattern suggests that large investors...Read More
Metaplanet has bought an additional 162 BTC worth $13.5 million. This latest acquisition brings its total Bitcoin holdings to 3,050 BTC. Details of The Purchase CEO Simon Gerovich announced in a Wednesday post on X that the Japanese investment firm spent approximately $13.5 million on the latest buy, paying an average price of $83,123 per...Read More
The U.S. House of Representatives has passed H.J. Res 25, effectively rejecting the Internal Revenue Service’s (IRS) controversial broker rule. The resolution, which gained overwhelming bipartisan support, aims to protect decentralized finance (DeFi) innovation and prevent regulatory overreach. Taxing Requirement According to the DeFi Education Fund, 292 lawmakers voted in favor of the resolution while...Read More
[PRESS RELEASE – London, United Kingdom, March 13th, 2025] The Avalanche London Summit, which will take place between May 20-22, 2025 at Hatfield House in Hatfield, England, has announced its first lineup of expert speakers from across the world of blockchain and crypto. Hosted by Ava Labs, the event will bring together over 1500 developers,...Read More
Speed isn’t just a challenge for blockchain – it’s the deciding factor between adoption and obsolescence. If Web3 can’t match the seamless experience users expect, it won’t matter how decentralized or innovative it is. The current state of development speaks volumes: according to a16z’s Builder Energy Dashboard, which tracks where crypto’s builders are focusing their...Read More
“I am proud to reintroduce landmark legislation that will codify President Trump’s bold vision to establish the United States Strategic Bitcoin Reserve and strengthening our nation’s economic foundation for generations to come,” said Senator Lummis on March 11. The Bitcoin Act, or “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act,” as it is...Read More
Earlier in the week, Bitcoin (BTC) briefly plunged to a four-month low of under $77,000, giving gold advocate Peter Schiff another opportunity to ridicule crypto holders. With Ethereum (ETH) also hitting a 17-month low, slipping below $1,800, the outspoken economist didn’t hold back, questioning the logic behind the U.S. government holding cryptocurrencies as reserve assets....Read More
One of the world’s largest asset managers, Franklin Templeton, is planning to launch an ETF that will track the spot price of the Ripple cross-border payment token XRP. The firm made a preliminary prospectus filing for the product with the Securities and Exchange Commission on March 11. The filing is the latest in a slew...Read More
A widespread outage hit X on Monday which affected users across the world. Many experienced connectivity problems early in the day, with error messages appearing on their screens. Downdetector tracked a peak of 40,000 complaints as the service remained unstable for several hours. A hacker group with alleged Russian ties, known as Dark Storm, has...Read More
