As of February 25th, reports from CoinDesk indicate a significant **decline** in Ethereum’s price, which dropped by over 5% to settle at **$2,375**. Analysts are closely watching the convergence of the **50-day Simple Moving Average (SMA)**, which is expected to dip below the **200-day SMA**. This occurrence, known as a “death cross,” often signals a … Read more
Sam Bankman-Fried X appearance inspired the attempt to launch a fake memecoin. The past month saw a surge in memecoin rug pulls within the sector. The crypto market has decided to slump further down as the week progresses. This is combined with the news of South Dakota’s Bitcoin Reserve bill making it a bearish day … Read more
A recent study reveals significant cryptocurrency adoption and optimism in Australia, with nearly a third of Australians having owned crypto and a majority believing in its future acceptance. Close to 60% of Users Report Profits Nearly a third (32.5%) of Australians have now owned cryptocurrency, while 42.9% “believe crypto will be widely accepted in the … Read more
U.S. authorities have seized $31M in crypto from the 2021 Uranium Finance hack. Hackers stole around $50 million in 2021. The U.S. government confiscated about $31 million in cryptocurrency connected to the 2021 hack of Uranium Finance. This was a coordinated effort by the Southern District of New York (SDNY) and the San Diego Homeland … Read more
The crypto market surprised many users by flipping into extreme fear. Most critical indicators reflected the crypto market’s bearish pressure. Bitcoin resisted the drop below $90,000. The crypto market surprised many by flipping into extreme fear conditions, even though most crypto community members wait for an altcoin season. A sudden price crash across almost all … Read more
Bitcoin fell below $90,000 for the first time since November 2024 as ETF outflows continued, crypto liquidations surpassed $1.3 billion and US-China trade tensions weighed on investor sentiment.
Chainalysis said collaborative security efforts across the crypto community have led to freezing $40 million of stolen funds from the Bybit hack.
Immutable partners with Japan’s top mobile gaming developer to bring TOKYO BEAST to Web3. TOKYO BEAST features a futuristic setting, competitive battles, and a pooled NFT system, allowing new players to participate without owning NFTs. Immutable has partnered with Japan’s top mobile gaming developer to bring Tokyo Beast, a highly anticipated blockchain battler, onto web3. … Read more
On February 25th, it was announced that SynFutures, a leader in decentralized exchanges and comprehensive financial infrastructure, will collaborate with Pyth to host the upcoming Borderless Summit. This significant event coincides with ETH Denver, set to take place on February 27th. Attendees will include notable figures from various institutions such as Aerodrome, Alchemy, dYdX Foundation, … Read more
The Bybit hacker has laundered 100,000 ETH, about $250 million, just four days after executing the largest cryptocurrency heist. According to a Feb. 26 post on X by blockchain analytics firm Spot On Chain, the hacker who stole 499,000 Ethereum (ETH) from Bybit’s cold wallet has been splitting the funds into smaller chunks and transferring … Read more