Stablecoins Take Center Stage at Senate’s First Digital Assets Subcommittee Hearing

Stablecoins and the role of Congress in addressing future digital assets legislation took center stage during one of the Senate Banking Committee’s first hearings to focus on what a regulatory framework for crypto may look like. The Wednesday hearing, framed as the jumping-off point for further Congressional action on digital asset regulations, was the first … Read more

Animoca Brands to Redefine Gaming Ecosystem, Joins MultiversX as Top Validator

Animoca Brands, a leading Web3 player offering digital property privileges by leveraging blockchain and tokenization, has announced a new partnership with MultiversX, a disseminated public blockchain. The partnership focuses on redefining the gaming ecosystem. The platform disclosed this partnership on its official X account. Animoca Brands to Operate as Validator for MultiversX Animoca Brands has … Read more

Is Bitcoin Showing Another False Downside Deviation? Analyst Weighs In

Bitcoin (BTC) succumbed to heightened global economic uncertainty as it tumbled to $85,418 earlier today, wiping out more than $150 billion from its total market capitalization in the last 48 hours. The sharp decline has left investors on edge, but seasoned crypto analyst Rekt Capital suggests that this could be yet another false downside deviation … Read more

Murder in Korea: Chinese National Killed While Trading Cryptocurrency

A Chinese national was murdered in a luxury hotel in Jeju City, South Korea, while trading cryptocurrency. Four individuals have been arrested in connection with the murder case. The killer also stole nearly $59,000 from the victim. Chinese National Murdered While Trading Cryptocurrency in Korea Wrench attacks are rising in the cryptocurrency space. Local reports … Read more

FBI confirms North Korea-backed Lazarus hackers stole $1.5 billion from Bybit

The Federal Bureau of Investigation (FBI) has confirmed North Korea as the culprit behind the recent $1.5 billion exploit on Bybit. In a Feb. 26 Public Service Announcement (PSA), the agency attributed the attack to TraderTraitor, a malicious cyber campaign linked to North Korean threat actors. TraderTraitor refers to a series of malware-infested applications disguised … Read more

Market Volatility Ignites Pessimism Amid $2338.18 Valuation

As of February 27th, current market analysis places the price of ETH at $2338.18, reflecting a modest increase of $2.85, or approximately 0.12% since yesterday’s close. Throughout the trading day, ETH has experienced fluctuations, achieving a peak of $2370.36 and a trough of $2302.91. According to data from Coinglass, derivative metrics including ETH’s funding rate, … Read more