On Friday, cryptocurrency exchange Bybit was allegedly hacked by North Korea’s Lazarus group, which drained nearly $1.4 billion in ether (ETH) from the exchange. Following the hack, Arthur Hayes, BitMEX co-founder and claiming to be a major ether (ETH) holder, wrote a post on X to Ethereum co-founder Vitalik Buterin on whether he will “advocate … Read more
Cardano’s newly ratified constitution empowers ADA holders and strengthens governance. Rising TVL and increased on-chain activity indicate growing network health and user engagement. Cardano (ADA) absorb fresh momentum following the ratification of its constitution, a move that marked a major shift in its governance model. Holding key support levels, the cryptocurrency is sparking bullish sentiment … Read more
The SEC’s 240-day investigation of Grayscale’s XRP ETF is currently underway. Following regulatory changes, the possibility of XRP ETF approval has increased to 81%. The United States Securities and Exchange Commission (SEC) has officially approved the Grayscale bid to reclassify its XRP Trust as an ETF based on a spot exchange-traded product. NYSE Arca filed … Read more
The non-fungible token (NFT) market exhibited a noticeable resurgence in transactional activity from Feb. 15 to 22, with digital collectible purchases climbing 11.60% above the preceding week’s totals. NFTs Rebound: 64% Buyer Spike and 49% Seller Expansion Figures from cryptoslam.io indicate $148.18 million in NFT exchanges during this period, alongside a 64.49% expansion in NFT … Read more
ShibaSwap introduced an upgrade with improved liquidity pools, faster transactions, and a better user interface. The Shiba Inu ecosystem saw a 128.22 million token burn in a week, reducing supply and increasing market optimism. The Shiba Inu development team recently revealed a major upgrade for ShibaSwap aimed at refining the current liquidity pools (LP). Lead … Read more
Bitcoin has experienced a quiet week, with price action stuck in a narrow range between $95K and $100K. Bulls have struggled to reclaim the $100K mark, while bears have failed to break the $95K support, leading to uncertainty about the next major move. However, fear and volatility spiked on Friday after the cryptocurrency exchange Bybit … Read more
The move comes despite his earlier criticisms of such ventures and follows a rocky period for celebrity-backed tokens, raising questions about whether Ye’s foray into the crypto space will defy the odds or follow the familiar pattern of hype and disappointment. A Whirlwind of Controversy In recent weeks, Ye’s X activity has been a whirlwind … Read more
A hacker reportedly linked to North Korea has stepped into the spotlight as one of the biggest Ethereum holders worldwide, accumulating an impressive 489,000 ETH, translating to around $1.34 billion. This stash accounts for 0.4% of Ethereum’s overall supply, positioning the hacker as the 14th largest holder of the cryptocurrency globally. However, the hacker faces … Read more
CoinoSwap, an instant crypto exchange aggregator, and StealthEX, a non-custodial cryptocurrency exchange, are proud to announce a ground-breaking partnership poised to enhance users’ crypto trading experience. By integrating StealthEX services directly onto the CoinoSwap platform, crypto enthusiasts can exchange their assets swiftly and securely without leaving the CoinoSwap website. This collaboration represents a significant leap … Read more
The U.S. Securities and Exchange Commission (SEC) has reportedly ended its investigation into Opensea and will not pursue enforcement action against the non-fungible token (NFT) marketplace over allegations that its NFTs constituted unregistered securities, the company confirmed to Bloomberg this week. Following Coinbase, SEC Ends OpenSea Investigation Under Trump’s Regulatory Climate Opensea, a leading nonfungible … Read more