6 days ago
📢 The crypto market is expected to make a comeback soon, with signs of recovery anticipated as early as next week.
💰 Investors and enthusiasts alike can look forward to a potential uptrend in the market, following a period of decline.
⚡️Stay tuned as the world of cryptocurrencies gears up for an exciting rebound!
💰 Investors and enthusiasts alike can look forward to a potential uptrend in the market, following a period of decline.
⚡️Stay tuned as the world of cryptocurrencies gears up for an exciting rebound!
8 days ago
(E)
Pakistan plans to create a legal framework for #cryptocurrency trading in a bid to lure international investment.
https://www.bloomberg.com/...
https://www.bloomberg.com/...
10 days ago
Here's how I would invest 10,000$ 👇
- 40% $BTC
- 30% $ETH
- 15% L1's
- 10% DEXes
- 5% in high risk #memecoins #altcoins
How would you split your portfolio? 🤔
- 40% $BTC
- 30% $ETH
- 15% L1's
- 10% DEXes
- 5% in high risk #memecoins #altcoins
How would you split your portfolio? 🤔
11 days ago
⚡️Digital Asset Funds Experience Significant Outflows Amid Global Uncertainty
investors are increasingly withdrawing from digital assets as these investments face declining popularity due to rising geopolitical and economic uncertainties. Last week alone, global digital asset funds saw a loss of $1.7 billion, as reported by CoinShares. This brings the total outflow over the past five weeks to $6.4 billion. In the United States, bitcoin (BTC) exchange-traded funds (ETFs) have experienced the longest streak of weekly outflows since their debut in January 2024, with investors pulling out more than $5.4 billion during this period.
U.S. President Donald Trump has expressed support for cryptocurrencies, notably through the order to establish a Bitcoin Strategic Reserve. However, this support has not been sufficient to alleviate concerns stemming from tariff-induced trade tensions and monetary policy challenges. Despite the presidential backing, the digital asset market continues to face significant pressure.
Bitcoin has seen a substantial decline, dropping over 21% in the last three months to approximately $83,000. The broader CoinDesk 20 Index (CD20) has also suffered, losing around 34.6% of its value during the same timeframe. These figures highlight the ongoing volatility and uncertainty within the digital asset sector, as investors remain cautious amid the current global economic landscape.
#bitcoin #Trump #Outflows #ETF #BTC #bitcoinreserve
investors are increasingly withdrawing from digital assets as these investments face declining popularity due to rising geopolitical and economic uncertainties. Last week alone, global digital asset funds saw a loss of $1.7 billion, as reported by CoinShares. This brings the total outflow over the past five weeks to $6.4 billion. In the United States, bitcoin (BTC) exchange-traded funds (ETFs) have experienced the longest streak of weekly outflows since their debut in January 2024, with investors pulling out more than $5.4 billion during this period.
U.S. President Donald Trump has expressed support for cryptocurrencies, notably through the order to establish a Bitcoin Strategic Reserve. However, this support has not been sufficient to alleviate concerns stemming from tariff-induced trade tensions and monetary policy challenges. Despite the presidential backing, the digital asset market continues to face significant pressure.
Bitcoin has seen a substantial decline, dropping over 21% in the last three months to approximately $83,000. The broader CoinDesk 20 Index (CD20) has also suffered, losing around 34.6% of its value during the same timeframe. These figures highlight the ongoing volatility and uncertainty within the digital asset sector, as investors remain cautious amid the current global economic landscape.
#bitcoin #Trump #Outflows #ETF #BTC #bitcoinreserve
12 days ago
Blockchain investigator ZachXBT has reported on his personal channel that a probe into Tornado Cash asset theft has revealed North Korean hackers used the platform to mix coins on March 11. Following this, they allegedly purchased 437.6 billion PEPE tokens, valued at approximately $3.1 million, using part of the ETH funds.
Previously, Foresight News reported, based on Lookonchain monitoring, that three wallets made significant purchases of 689.79 billion PEPE tokens, totaling around $4.3 million. The funds for these transactions were also traced back to Tornado Cash.
#theft #HACK #pepe #memecoin #northkorea #tornadocash #Blockchain #ETH
Previously, Foresight News reported, based on Lookonchain monitoring, that three wallets made significant purchases of 689.79 billion PEPE tokens, totaling around $4.3 million. The funds for these transactions were also traced back to Tornado Cash.
#theft #HACK #pepe #memecoin #northkorea #tornadocash #Blockchain #ETH
16 days ago
🚨 Clynton Marks Detained in Connection with South African Bitcoin Ponzi Scheme (MTI)
Clynton Marks, the alleged mastermind behind the South African Bitcoin Ponzi scheme Mirror Trading International (MTI), has been detained following his failure to provide satisfactory answers to liquidators regarding Bitcoin withdrawals from his MTI account. Marks claimed, "I am doing my best to respond to all questions, but my memory is insufficient to recall all the transactions. Additionally, I am unable to contact the individuals who managed the account on my behalf." Previously, Marks had entrusted investment and withdrawal operations to two associates, Don Nkomo and Andrew Caw. In 2022, Marks, along with MTI CEO Johann Steynberg and others, was ordered to repay $291 million to defrauded investors.
### Background on MTI's Downfall
MTI, once promoted as a lucrative Bitcoin and forex trading platform, promised investors monthly returns of 10%. However, it was later exposed as a fraudulent Ponzi scheme. In 2023, the Western Cape High Court declared MTI an illegal operation, invalidating all agreements with investors. Despite appeals, the ruling remains in effect. Steynberg, arrested in Brazil, is currently facing extradition, while the U.S. Commodity Futures Trading Commission (CFTC) is pursuing a $1.73 billion claim against the scheme.
South African liquidators, in coordination with international authorities, are working to recover assets, including approximately 29,421 Bitcoins, to compensate affected investors.
#CryptoFraud #bitcoin #cryptocurrency
Clynton Marks, the alleged mastermind behind the South African Bitcoin Ponzi scheme Mirror Trading International (MTI), has been detained following his failure to provide satisfactory answers to liquidators regarding Bitcoin withdrawals from his MTI account. Marks claimed, "I am doing my best to respond to all questions, but my memory is insufficient to recall all the transactions. Additionally, I am unable to contact the individuals who managed the account on my behalf." Previously, Marks had entrusted investment and withdrawal operations to two associates, Don Nkomo and Andrew Caw. In 2022, Marks, along with MTI CEO Johann Steynberg and others, was ordered to repay $291 million to defrauded investors.
### Background on MTI's Downfall
MTI, once promoted as a lucrative Bitcoin and forex trading platform, promised investors monthly returns of 10%. However, it was later exposed as a fraudulent Ponzi scheme. In 2023, the Western Cape High Court declared MTI an illegal operation, invalidating all agreements with investors. Despite appeals, the ruling remains in effect. Steynberg, arrested in Brazil, is currently facing extradition, while the U.S. Commodity Futures Trading Commission (CFTC) is pursuing a $1.73 billion claim against the scheme.
South African liquidators, in coordination with international authorities, are working to recover assets, including approximately 29,421 Bitcoins, to compensate affected investors.
#CryptoFraud #bitcoin #cryptocurrency
16 days ago
Jeff Bezos-backed startup Stark is now the largest investor in Bitcoin and crypto firms in Brazil.
https://www.bloomberg.com/...
#bitcoin
https://www.bloomberg.com/...
#bitcoin
17 days ago
(E)
🚨Breaking: Solana Preparing for a Massive Change
Here's what this massive change means:
- Current inflation: 4.7% annually
- New rate: Could drop to just 1.5%
- Impact: Billions less SOL entering circulation each year
The Good:
- Less sell pressure on SOL price
- More attractive for institutional investors
- Could boost SOL's value long-term
The Bad:
- Small validators might struggle to survive
- Could reduce network decentralization
- Impact on DeFi protocols still uncertain
The proposal, called SIMD-0228, changes how new SOL tokens are created. Instead of following a fixed schedule, it uses a "smart emissions" system that adjusts based on how many tokens are being staked.
This is a huge moment for Solana - potentially making it more attractive to investors but risking the health of its decentralized network. The change needs a two-thirds majority to pass, and voting is happening now!
#solana #sol #cryptocurrency #Blockchain #defi
Here's what this massive change means:
- Current inflation: 4.7% annually
- New rate: Could drop to just 1.5%
- Impact: Billions less SOL entering circulation each year
The Good:
- Less sell pressure on SOL price
- More attractive for institutional investors
- Could boost SOL's value long-term
The Bad:
- Small validators might struggle to survive
- Could reduce network decentralization
- Impact on DeFi protocols still uncertain
The proposal, called SIMD-0228, changes how new SOL tokens are created. Instead of following a fixed schedule, it uses a "smart emissions" system that adjusts based on how many tokens are being staked.
This is a huge moment for Solana - potentially making it more attractive to investors but risking the health of its decentralized network. The change needs a two-thirds majority to pass, and voting is happening now!
#solana #sol #cryptocurrency #Blockchain #defi
18 days ago
(E)
🚨 ALERT:
California has witnessed a dramatic surge in cryptocurrency and AI-related scams during 2024, with regulators identifying seven new types of fraud and recording substantial financial losses. Here's a comprehensive breakdown of the situation:
- 2,668 total complaints filed in 2024
- 42 crypto scam websites shut down by California DOJ
- $6.5 million total losses identified
- Average loss per victim: $146,306
New Types of Scams Identified:
1. Fake Bitcoin Mining Schemes
- Fraudulent investment opportunities in mining operations
- Promise unusually high returns
2. Crypto Gaming Fraud
- Users tricked into depositing funds
- Wallets drained immediately after deposits
3. Cryptocurrency Job Scams
- Require victims to transfer cryptocurrency
- Demand sensitive personal information
4. Private Key Theft
- Executed through fake airdrops
- Results in immediate asset theft
5. AI Investment Scams
- Offer unusually high returns
- Target AI market enthusiasm
Regulatory Response:
1. California Department of Justice (DOJ):
- Successfully dismantled 42 fraudulent websites
- Recovered $6.5 million in stolen funds
2. Department of Financial Protection and Innovation (DFPI):
- Shut down 26 fraudulent sites
- Uncovered $4.6 million in losses
Warning Signs of Scams:
Be cautious of websites featuring-
- Promises of unusually high returns
- No contact information available
- Offers of signup prizes
Crypto Scam Tracker:
https://dfpi.ca.gov/cons
California has witnessed a dramatic surge in cryptocurrency and AI-related scams during 2024, with regulators identifying seven new types of fraud and recording substantial financial losses. Here's a comprehensive breakdown of the situation:
- 2,668 total complaints filed in 2024
- 42 crypto scam websites shut down by California DOJ
- $6.5 million total losses identified
- Average loss per victim: $146,306
New Types of Scams Identified:
1. Fake Bitcoin Mining Schemes
- Fraudulent investment opportunities in mining operations
- Promise unusually high returns
2. Crypto Gaming Fraud
- Users tricked into depositing funds
- Wallets drained immediately after deposits
3. Cryptocurrency Job Scams
- Require victims to transfer cryptocurrency
- Demand sensitive personal information
4. Private Key Theft
- Executed through fake airdrops
- Results in immediate asset theft
5. AI Investment Scams
- Offer unusually high returns
- Target AI market enthusiasm
Regulatory Response:
1. California Department of Justice (DOJ):
- Successfully dismantled 42 fraudulent websites
- Recovered $6.5 million in stolen funds
2. Department of Financial Protection and Innovation (DFPI):
- Shut down 26 fraudulent sites
- Uncovered $4.6 million in losses
Warning Signs of Scams:
Be cautious of websites featuring-
- Promises of unusually high returns
- No contact information available
- Offers of signup prizes
Crypto Scam Tracker:
https://dfpi.ca.gov/cons
18 days ago
🚨Breaking News!
Singapore Exchange (SGX) just announced plans to launch Bitcoin perpetual futures in H2 2025!
1. First major traditional exchange in Singapore to offer crypto perpetual futures
2. Targeting institutional investors and professional traders
3. Backed by SGX's Aa2 rating from Moody's for added security
4. Aims to bridge traditional finance with crypto markets
This move marks a significant step in bringing cryptocurrency trading into mainstream financial markets!
#SGX #bitcoin #cryptocurrency #FinancialMarkets #InstitutionalInvesting #Singapore
Singapore Exchange (SGX) just announced plans to launch Bitcoin perpetual futures in H2 2025!
1. First major traditional exchange in Singapore to offer crypto perpetual futures
2. Targeting institutional investors and professional traders
3. Backed by SGX's Aa2 rating from Moody's for added security
4. Aims to bridge traditional finance with crypto markets
This move marks a significant step in bringing cryptocurrency trading into mainstream financial markets!
#SGX #bitcoin #cryptocurrency #FinancialMarkets #InstitutionalInvesting #Singapore
18 days ago
Ethereum Faces Sharp Weekly Drop 📉
Ethereum's price plunged nearly 20% in the week ending March 9, its steepest weekly decline since November 2022, according to Coindesk. This sharp drop shattered the bullish trend line that had formed after the collapse of Terra's algorithmic stablecoin UST in June 2022, an event that had previously led to substantial investor losses.
#ethereum #Ethereumcrash
Ethereum's price plunged nearly 20% in the week ending March 9, its steepest weekly decline since November 2022, according to Coindesk. This sharp drop shattered the bullish trend line that had formed after the collapse of Terra's algorithmic stablecoin UST in June 2022, an event that had previously led to substantial investor losses.
#ethereum #Ethereumcrash
20 days ago
BREAKING: White House Rejects Cryptocurrency Transaction Tax Proposal
David Sacks, the White House crypto and AI czar, has rejected the idea of taxing every cryptocurrency transaction to strengthen the U.S. strategic Bitcoin reserve and digital asset holdings.
On a recent episode of the All In podcast, host Jason Calacanis proposed a 0.01% tax on each crypto transaction, to be paid in the asset being transferred, purchased, or sold.
Sacks expressed doubts, pointing out that taxes often begin small but tend to grow over time. He cited the U.S. income tax, which started with a limited scope but later expanded to affect far more people.
Sacks voiced concerns about the potential strain of new taxes, even if they’re initially presented as minor. Crypto investors also criticized the idea, especially the prospect of taxing transfers between wallets owned by the same person.
The White House Crypto Summit held recently didn’t delve into specific tax proposals, though the Trump administration has signaled interest in broad federal tax reform.
President Donald Trump has floated the idea of abolishing the federal income tax, favoring tariffs on imported goods as a revenue source instead. He highlighted the 19th century, when tariffs alone funded the U.S. government, as a time of notable economic success. U.S. Commerce Secretary Howard Lutnick backed this plan, proposing to replace the Internal Revenue Service (IRS) with an 'External Revenue Service.'
#cryptocurrency #Tax #Cryptotax #WhiteHouse #bitcoinreserve
David Sacks, the White House crypto and AI czar, has rejected the idea of taxing every cryptocurrency transaction to strengthen the U.S. strategic Bitcoin reserve and digital asset holdings.
On a recent episode of the All In podcast, host Jason Calacanis proposed a 0.01% tax on each crypto transaction, to be paid in the asset being transferred, purchased, or sold.
Sacks expressed doubts, pointing out that taxes often begin small but tend to grow over time. He cited the U.S. income tax, which started with a limited scope but later expanded to affect far more people.
Sacks voiced concerns about the potential strain of new taxes, even if they’re initially presented as minor. Crypto investors also criticized the idea, especially the prospect of taxing transfers between wallets owned by the same person.
The White House Crypto Summit held recently didn’t delve into specific tax proposals, though the Trump administration has signaled interest in broad federal tax reform.
President Donald Trump has floated the idea of abolishing the federal income tax, favoring tariffs on imported goods as a revenue source instead. He highlighted the 19th century, when tariffs alone funded the U.S. government, as a time of notable economic success. U.S. Commerce Secretary Howard Lutnick backed this plan, proposing to replace the Internal Revenue Service (IRS) with an 'External Revenue Service.'
#cryptocurrency #Tax #Cryptotax #WhiteHouse #bitcoinreserve
21 days ago
96% of $TON holders are at a loss😳
And 92% of holders invested within the last 12 months!
#ton #AltcoinNews #altcoin #loss #holders #cryptocurrency
And 92% of holders invested within the last 12 months!
#ton #AltcoinNews #altcoin #loss #holders #cryptocurrency
23 days ago
Berachain Co-Founder Reflects on Early Investment Decisions 🔥
The journey to success is never a straight path, and Berachain’s co-founder knows this all too well! 🏆🚀
In a recent reflection, they opened up about the crucial investment decisions that helped shape the future of Berachain. From early bets on blockchain innovation to navigating market uncertainties, every choice played a role in creating the high-performance, EVM-compatible L1 that Berachain is today. 🐻🔗
💡 Key Takeaways from Their Reflection:
✅ Taking calculated risks in unproven markets 💰🎯
✅ Staying true to the vision despite market fluctuations 📈🔥
✅ Building a strong community and ecosystem 👥🤝
✅ Learning from mistakes and adapting quickly 🏃♂️💨
With Berachain’s unique proof-of-liquidity model driving innovation in DeFi, it’s clear that those early investment decisions set the stage for something revolutionary. 🌍🔮 Looking back, the co-founder’s insights remind us that bold moves and unwavering belief can lead to massive breakthroughs!
What do you think? 🤔 Would you have made the same early bets? Share your thoughts below! ⬇️🐻💬
#Berachain #cryptoinvestment
The journey to success is never a straight path, and Berachain’s co-founder knows this all too well! 🏆🚀
In a recent reflection, they opened up about the crucial investment decisions that helped shape the future of Berachain. From early bets on blockchain innovation to navigating market uncertainties, every choice played a role in creating the high-performance, EVM-compatible L1 that Berachain is today. 🐻🔗
💡 Key Takeaways from Their Reflection:
✅ Taking calculated risks in unproven markets 💰🎯
✅ Staying true to the vision despite market fluctuations 📈🔥
✅ Building a strong community and ecosystem 👥🤝
✅ Learning from mistakes and adapting quickly 🏃♂️💨
With Berachain’s unique proof-of-liquidity model driving innovation in DeFi, it’s clear that those early investment decisions set the stage for something revolutionary. 🌍🔮 Looking back, the co-founder’s insights remind us that bold moves and unwavering belief can lead to massive breakthroughs!
What do you think? 🤔 Would you have made the same early bets? Share your thoughts below! ⬇️🐻💬
#Berachain #cryptoinvestment
25 days ago
(E)
Metaplanet, a publicly-traded company, has increased its #bitcoin holdings by purchasing 156 BTC, bringing their total to 2,391 BTC.
The Japanese investment firm is also exploring a potential listing outside of #Japan .
CEO Simon Gerovich announced on X that the #BTC was purchased at an average price of about $85,890 per BTC. The latest buy brings its total holdings to 2,391 BTC. The company reported a bitcoin yield of 31.8% for Q1 2025, following a 310% yield in Q4 2024.
Last week, #Metaplanet announced the purchase of 135 BTC, following earlier acquisitions of 68 BTC and 269 BTC in February. According to its "Bitcoin Plan," shared on January 28, Metaplanet aims to accumulate 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026.
The Japanese investment firm is also exploring a potential listing outside of #Japan .
CEO Simon Gerovich announced on X that the #BTC was purchased at an average price of about $85,890 per BTC. The latest buy brings its total holdings to 2,391 BTC. The company reported a bitcoin yield of 31.8% for Q1 2025, following a 310% yield in Q4 2024.
Last week, #Metaplanet announced the purchase of 135 BTC, following earlier acquisitions of 68 BTC and 269 BTC in February. According to its "Bitcoin Plan," shared on January 28, Metaplanet aims to accumulate 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026.
27 days ago
There’s a buzz about whales—large investors holding significant amounts of ETH—adding 190,000 Ethereum to their holdings in the last 24 hours as of today, March 1, 2025. This aligns with a broader narrative of ongoing accumulation by big players in the Ethereum market.
The crypto market is a wild beast—fear and uncertainty are high right now, and whale moves don’t always guarantee immediate price pumps. ETH would need to break past resistance levels, like $2,500 or $2,800, to confirm any upward trend. On the flip side, sustained selling pressure could drag it lower.
The 190,000 ETH figure floating around today echoes earlier reports of whales grabbing 110,000 ETH over three days or 140,000 ETH in a single day last week, hinting at a consistent pattern since mid-February.
#cryptomarket #ethereum #ETH #whales
The crypto market is a wild beast—fear and uncertainty are high right now, and whale moves don’t always guarantee immediate price pumps. ETH would need to break past resistance levels, like $2,500 or $2,800, to confirm any upward trend. On the flip side, sustained selling pressure could drag it lower.
The 190,000 ETH figure floating around today echoes earlier reports of whales grabbing 110,000 ETH over three days or 140,000 ETH in a single day last week, hinting at a consistent pattern since mid-February.
#cryptomarket #ethereum #ETH #whales
27 days ago
Cryptocurrency market is anticipated to recover in March, as the current panic is expected to be short-lived.
On February 28th, following the release of the PCE data, the price of #bitcoin experienced a rebound, increasing optimism about the macroeconomic situation improving next month.
Julien Bittel, the Director of Global Macro Research at Global Macro Investor, emphasized that the macro environment is showing promising signs for Bitcoin investors. He explained, "When financial conditions tighten, liquidity is reduced, and the economy starts to slow down unexpectedly, the market's 'panic' will be short-lived. This situation is likely to reverse next month. Over the past two months, financial conditions have significantly improved: the US dollar has weakened, bond yields have decreased, and oil prices have fallen. These changes are creating a solid foundation for the recovery of the cryptocurrency market." (Cointelegraph)t.
#cryptocurrency
On February 28th, following the release of the PCE data, the price of #bitcoin experienced a rebound, increasing optimism about the macroeconomic situation improving next month.
Julien Bittel, the Director of Global Macro Research at Global Macro Investor, emphasized that the macro environment is showing promising signs for Bitcoin investors. He explained, "When financial conditions tighten, liquidity is reduced, and the economy starts to slow down unexpectedly, the market's 'panic' will be short-lived. This situation is likely to reverse next month. Over the past two months, financial conditions have significantly improved: the US dollar has weakened, bond yields have decreased, and oil prices have fallen. These changes are creating a solid foundation for the recovery of the cryptocurrency market." (Cointelegraph)t.
#cryptocurrency
27 days ago
Bitcoin ETFs lost $3.5 billion in a week as the Fed adopted a bearish outlook on U.S. GDP.
As investors observe these developments, there is increasing curiosity about whether Bitcoin ETFs will recover in March. Given the volatile nature of the market and the ongoing geopolitical tensions, the outlook for Bitcoin and related ETFs remains uncertain.
#bitcoin #bitcoinetf
As investors observe these developments, there is increasing curiosity about whether Bitcoin ETFs will recover in March. Given the volatile nature of the market and the ongoing geopolitical tensions, the outlook for Bitcoin and related ETFs remains uncertain.
#bitcoin #bitcoinetf
27 days ago
(E)
In 2021, Cardano (ADA) and Solana (SOL) were dominant; this cycle, another token is outperforming them.
Solana (SOL) and Cardano (ADA) were unstoppable forces in 2021, but a new token is displacing them this cycle. At the time of writing, Cardano and Solana are both having difficulty returning to their previous highs, with Cardano trading at $0.60 and Solana at $131.10. With more than 3,400 investors and more than $1.8 million already secured, MUTM is currently in phase 2 of its presale. Investors have a unique opportunity to enter the market before the price spikes 33.33% to $0.02 in phase 3. In a few months, Mutuum Finance should hit $3, offering investors a whopping 200x return.
#Cardano and #solana : Can They Reclaim Their Former Glory?
Two of the most well-known cryptocurrency companies in 2021 were Cardano (ADA) and Solana (SOL), which saw enormous bull runs and hit all-time highs. Both are still having difficulty recovering as of right now. Solana is presently trading at $131.10, still well below its all-time high of around $258, while Cardano is trading at $0.60, a long cry from its $3 peak. Both projects have seen fierce competition and market changes as a result of the overall market slump, despite their ongoing growth and robust communities. Consequently, in search of more profits, investors are turning to Mutuum Finance.
Solana (SOL) and Cardano (ADA) were unstoppable forces in 2021, but a new token is displacing them this cycle. At the time of writing, Cardano and Solana are both having difficulty returning to their previous highs, with Cardano trading at $0.60 and Solana at $131.10. With more than 3,400 investors and more than $1.8 million already secured, MUTM is currently in phase 2 of its presale. Investors have a unique opportunity to enter the market before the price spikes 33.33% to $0.02 in phase 3. In a few months, Mutuum Finance should hit $3, offering investors a whopping 200x return.
#Cardano and #solana : Can They Reclaim Their Former Glory?
Two of the most well-known cryptocurrency companies in 2021 were Cardano (ADA) and Solana (SOL), which saw enormous bull runs and hit all-time highs. Both are still having difficulty recovering as of right now. Solana is presently trading at $131.10, still well below its all-time high of around $258, while Cardano is trading at $0.60, a long cry from its $3 peak. Both projects have seen fierce competition and market changes as a result of the overall market slump, despite their ongoing growth and robust communities. Consequently, in search of more profits, investors are turning to Mutuum Finance.
29 days ago
The U.S. Securities and Exchange Commission (SEC) informed Consensys that it has concluded its investigation into Ethereum 2.0.
The SEC stated that it does not intend to pursue enforcement action against the company. This decision comes after Consensys received a Wells Notice from the SEC in April, indicating that the regulator was considering legal action against the company for potential securities violations related to its MetaMask Swaps and Staking services.
The investigation's closure is a significant development for Consensys and provides clarity for the regulatory status of #ethereum .
#Consensys #SEC
The SEC stated that it does not intend to pursue enforcement action against the company. This decision comes after Consensys received a Wells Notice from the SEC in April, indicating that the regulator was considering legal action against the company for potential securities violations related to its MetaMask Swaps and Staking services.
The investigation's closure is a significant development for Consensys and provides clarity for the regulatory status of #ethereum .
#Consensys #SEC
1 month ago

SEC Drops Investigation Into Uniswap, Will Not File Enforcement Action
Uniswap celebrated the news on X, calling it a “huge win for DeFi.”
https://www.coindesk.com/policy/2025/02/25/sec-drops-investigation-into-uniswap-will-not-file-enforcement-action
1 month ago
Largest crypto heists of all time
Blockchain analytics firm Elliptic has flagged 11,084 cryptocurrency wallet addresses suspected of being linked to the Bybit exploit. That list is expected to grow as investigations continue.
#Blockchain #cryptoheists #cryptocurrency #BybitHack
Blockchain analytics firm Elliptic has flagged 11,084 cryptocurrency wallet addresses suspected of being linked to the Bybit exploit. That list is expected to grow as investigations continue.
#Blockchain #cryptoheists #cryptocurrency #BybitHack
1 month ago
BREAKING 💥 Crypto exchange Bybit confirms hack as over $1.4 billion worth of ETH leaves wallets
Bybit, the Singapore-based centralized crypto exchange, appears to have been hacked. Early estimates suggest the exchange has lost over $1 billion worth of ETH and significant quantities of other tokens, though the investigation is ongoing.
"Bybit ETH multisig cold wallet just made a transfer to our warm wallet about 1 hr ago. It appears that this specific transaction was musked, all the signers saw the musked UI which showed the correct address and the URL was from Safe. However the signing message was to change the smart contract logic of our ETH cold wallet,"
Bybit co-founder and CEO Ben Zhou posted to X. "This resulted Hacker took control of the specific ETH cold wallet we signed and transferred all ETH in the cold wallet to this unidentified address. Please rest assured that all other cold wallets are secure. All withdraws are NORMAL."
On Tuesday, the exchange announced it would be performing scheduled maintenance on its live server today stretching into tomorrow, which caused controversy as security researchers looked into the suspicious transactions.
The attacker then moved the majority of the funds to a second address, 0xa4b2, which swaps funds using decentralized exchanges, including Uniswap, Paraswap, and KyberSwap.
ByBit says its other hot and cold wallets are unaffected, and only their ETH wallets were impacted. "Bybit is Solvent even if this hack loss is not recovered, all of client assets are 1 to 1 backed, we can cover the loss," Zhou also post
Bybit, the Singapore-based centralized crypto exchange, appears to have been hacked. Early estimates suggest the exchange has lost over $1 billion worth of ETH and significant quantities of other tokens, though the investigation is ongoing.
"Bybit ETH multisig cold wallet just made a transfer to our warm wallet about 1 hr ago. It appears that this specific transaction was musked, all the signers saw the musked UI which showed the correct address and the URL was from Safe. However the signing message was to change the smart contract logic of our ETH cold wallet,"
Bybit co-founder and CEO Ben Zhou posted to X. "This resulted Hacker took control of the specific ETH cold wallet we signed and transferred all ETH in the cold wallet to this unidentified address. Please rest assured that all other cold wallets are secure. All withdraws are NORMAL."
On Tuesday, the exchange announced it would be performing scheduled maintenance on its live server today stretching into tomorrow, which caused controversy as security researchers looked into the suspicious transactions.
The attacker then moved the majority of the funds to a second address, 0xa4b2, which swaps funds using decentralized exchanges, including Uniswap, Paraswap, and KyberSwap.
ByBit says its other hot and cold wallets are unaffected, and only their ETH wallets were impacted. "Bybit is Solvent even if this hack loss is not recovered, all of client assets are 1 to 1 backed, we can cover the loss," Zhou also post
1 month ago
Ethereum Holds Key Support – Analyst Doubts Bears Can Defend $4K Anymore
Ethereum has been attempting to reclaim the $2,800 level for days, but bears continue to apply selling pressure, keeping the price below this key resistance. Despite this, demand remains strong, with bulls successfully holding ETH above the crucial $2,600 support level. The short-term outlook for ETH remains uncertain, as investors speculate on whether the current consolidation phase will lead to a breakout or further declines.
Despite this, there is a growing sentiment that Ethereum could soon recover. Top analyst Jelle shared a technical analysis on X, revealing that ETH recently took out the lows, retested the key trendline, bounced off key support, and held above the 200-week exponential moving average (EMA). According to Jelle, this confirms that the uptrend structure remains intact, suggesting that ETH still has bullish potential.
While price action remains sluggish, Jelle’s analysis highlights that Ethereum is still holding critical levels, which could lead to a strong move upward. If ETH reclaims $2,800 in the coming days, momentum could build toward a push above $3,000. However, if selling pressure continues and ETH loses $2,600, a deeper retrace could be expected. For now, patience is key as Ethereum hovers near crucial technical levels.
Ethereum has been attempting to reclaim the $2,800 level for days, but bears continue to apply selling pressure, keeping the price below this key resistance. Despite this, demand remains strong, with bulls successfully holding ETH above the crucial $2,600 support level. The short-term outlook for ETH remains uncertain, as investors speculate on whether the current consolidation phase will lead to a breakout or further declines.
Despite this, there is a growing sentiment that Ethereum could soon recover. Top analyst Jelle shared a technical analysis on X, revealing that ETH recently took out the lows, retested the key trendline, bounced off key support, and held above the 200-week exponential moving average (EMA). According to Jelle, this confirms that the uptrend structure remains intact, suggesting that ETH still has bullish potential.
While price action remains sluggish, Jelle’s analysis highlights that Ethereum is still holding critical levels, which could lead to a strong move upward. If ETH reclaims $2,800 in the coming days, momentum could build toward a push above $3,000. However, if selling pressure continues and ETH loses $2,600, a deeper retrace could be expected. For now, patience is key as Ethereum hovers near crucial technical levels.
1 month ago
FTX's estate is beginning its payment plan today, though the initial distribution will be approximately $1.2 billion rather than $2.4 billion.
- Starting today, FTX will begin repayments to creditors with claims of $50,000 or less ("convenience class" creditors).
-These creditors will receive approximately 119% of their claimed amount, including principal plus interest.
- Payments must be completed within 60 days of the effective date.
Market Impact Analysis:
- Analysts estimate approximately $2.4 billion may flow back into crypto markets following the distribution
- $3.9 billion of total claims were acquired by credit funds, which typically won't reinvest in crypto assets
- 33% of remaining claims belong to sanctioned countries, individuals without KYC verification, or those unable to claim funds
Total Distribution Scope:
- Total estimated distribution will range between $14.7 billion and $16.5 billion
- BitGo and Kraken have been designated to manage initial distributions for retail and institutional customers in supported jurisdictions
- Creditors must complete KYC verification and submit tax forms through the FTX Debtors' Customer Portal to receive payments
MANY WILL INVEST IN #bitcoin 🚀
- Starting today, FTX will begin repayments to creditors with claims of $50,000 or less ("convenience class" creditors).
-These creditors will receive approximately 119% of their claimed amount, including principal plus interest.
- Payments must be completed within 60 days of the effective date.
Market Impact Analysis:
- Analysts estimate approximately $2.4 billion may flow back into crypto markets following the distribution
- $3.9 billion of total claims were acquired by credit funds, which typically won't reinvest in crypto assets
- 33% of remaining claims belong to sanctioned countries, individuals without KYC verification, or those unable to claim funds
Total Distribution Scope:
- Total estimated distribution will range between $14.7 billion and $16.5 billion
- BitGo and Kraken have been designated to manage initial distributions for retail and institutional customers in supported jurisdictions
- Creditors must complete KYC verification and submit tax forms through the FTX Debtors' Customer Portal to receive payments
MANY WILL INVEST IN #bitcoin 🚀
1 month ago
Abu Dhabi's sovereign wealth fund has purchased over $400 million in #bitcoin ETFs.
Mubadala, the Abu Dhabi government's sovereign wealth fund, has announced that it holds $436.9 million in shares of a Bitcoin exchange-traded fund (ETF). The fund has chosen BlackRock’s iShares Bitcoin Trust ETF, which now constitutes approximately 2.1% of Mubadala’s overall portfolio.
https://fintel.io/i/mubada...
Mubadala, the Abu Dhabi government's sovereign wealth fund, has announced that it holds $436.9 million in shares of a Bitcoin exchange-traded fund (ETF). The fund has chosen BlackRock’s iShares Bitcoin Trust ETF, which now constitutes approximately 2.1% of Mubadala’s overall portfolio.
https://fintel.io/i/mubada...
2 months ago


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