Ethereum (ETH) has a flurry of potentially bullish catalysts this year, according to Ki Young Ju, the chief executive of the digital asset analytics platform CryptoQuant. Young Ju notes on the social media platform X that there is no significant sell pressure following last week’s record-shattering Bybit hack. “On-chain and market data remain neutral. Exchange … Read more
Key Takeaways The Ethereum Foundation donated $1.25 million to support Alexey Pertsev’s legal defense. Vitalik Buterin contributed 50 ETH to the legal defense fund for Tornado Cash developers. The Ethereum Foundation(EF) announced today a $1.25 million donation to support the legal defense of Alexey Pertsev, stating that “Privacy is normal, and writing code is not … Read more
Bitcoin exchange-traded funds (ETFs) faced a massive $1 billion outflow on Feb. 25, marking the largest single-day withdrawal since their inception. Ether ETFs also experienced a significant net outflow of $50 million. Historic Withdrawal Sees Bitcoin ETFs Lose $1 Billion in a Day With Ether ETFs Down $50 Million On Tuesday, Feb. 25, U.S. spot … Read more
The minds behind the breakout hit Hamster Kombat are doubling down on Web3 with Hamster Network, a Layer-2 blockchain on TON Crypto Network. Unveiled this week, it aims to redefine gaming and decentralized apps with low fees, sharp scalability, and dev-friendly tools. The move could seriously boost Hamster Kombat and the broader Web3 gaming scene. Hamster Kombat: … Read more
The Ethereum Foundation has donated $1.25 million to support Tornado Cash developer Alexey Pertsev’s legal defense as he prepares to appeal his money laundering conviction in the Netherlands.
Uniswap (UNI) finds newfound regulatory clarity as the SEC absolves the decentralized exchange from previous allegations, marking a pivotal moment for the DeFi ecosystem. Following the SEC’s decision, significant accumulation has been observed among larger whale investors, indicating increased confidence in UNI’s prospects. Kristin Smith, CEO of the Blockchain Association, remarked, “The era of regulation … Read more
India’s Central Bureau of Investigation is conducting nationwide raids in connection with the GainBitcoin scam, which defrauded 8,000 investors with false Bitcoin returns.
The Hamster Kombat team told Cointelegraph that the layer-2 network on TON is a foundation for an entertainment ecosystem.
Chance for US Dollar (USD) to retest the 148.55 level vs Japanese Yen (JPY); a sustained break below this level is unlikely. In the longer run, USD weakness has not stabilised; pace of any further decline is likely slower. The next level to monitor is 147.70, UOB Group’s FX analysts Quek Ser Leang and Peter … Read more
The Bybit team’s quick response to the crisis may inspire more trust in centralized exchanges, industry watchers told Cointelegraph.