Bybit Hack Update: Bybit cryptocurrency exchange is facing a severe security incident that has left the crypto community concerned. The Bybit hack, which involved the compromise of a multi-signature cold wallet, has resulted in significant financial losses. After 1 hour of the Bybit hack, a net outflow of $700 million was reported, following the initial … Read more
Bitwise Chief Investment Officer Matt Hougan has claimed that early indicators are forming that an altcoin bull market is underway. In a recent statement, Hougan pointed to important developments in the altcoin sector that could pave the way for renewed growth. “If you look closely, you can see the first signs of an altcoin bull … Read more
The US stock market collapsed on Friday, posting its worst single-day loss since December 2024, as traders dumped risk assets on fears of a weakening economy and stubborn inflation, as new economic data showed shaky consumer confidence, declining home sales, and slowing business activity—all while the White House ramped up its tariff war. By the … Read more
Frog-themed cryptocurrency PEPE rose 6% alongside the larger crypto market in the early Friday session on news that the U.S. Securities and Exchange Commission (SEC) is set to drop charges against the Coinbase crypto exchange. The broader digital asset market turned green shortly after, with Bitcoin (BTC) approaching $100,000 for the first time since early … Read more
The European Central Bank is advancing its digital asset settlement strategy, aiming to streamline transactions, enhance security, and strengthen financial stability across European markets. Digital Asset Settlement Transformed as ECB Embraces DLT Solutions The European Central Bank (ECB) announced on Feb. 20 an expansion of its initiative to facilitate the settlement of distributed ledger technology … Read more
Ripple’s XRP is currently down by more than two percent and is trading slightly below the $2.60 level. The coin has erased all the gains made in the last seven days and is down by more than 8%. According to analysts, the immediate support zone might be used as a foundation for a rally if … Read more
Recent data from SoSoValue highlights a significant net outflow in Bitcoin spot ETFs, amounting to $62.7725 million on February 21, 2023. Notably, the Grayscale Bitcoin Trust (GBTC) experienced a substantial single-day net outflow of $60.0798 million, which raises its total historical outflow to approximately $22.106 billion. In contrast, BlackRock’s ETF, IBIT, led the market with … Read more
On February 22, COINOTAG News reported that Farside Investors has been closely tracking the **Ethereum spot ETF** market. Their analysis revealed a notable **net outflow** of **$8.9 million** from the US Ethereum spot ETFs. This trend highlights investor sentiment amid fluctuating market conditions. It is significant to note that only **Bitwise’s ETHW** fund recorded a … Read more
Gunzilla Games Web3 director says the biggest problem in blockchain gaming is the lack of “new money coming into the system.”
Turkey is not giving up on BRICS. Foreign Minister Hakan Fidan said the country is still actively seeking membership in the economic alliance led by Brazil, Russia, India, China, and South Africa after decades of being shut out of the European Union. Speaking to Bloomberg on Friday, Fidan confirmed that Turkey is “exploring joining groups … Read more