A hacker who managed to compromise the admin wallet of the layer-2 blockchain protocol ZKSync, stealing approximately $5 million worth of ZK tokens during an airdrop, has recently returned the stolen funds. The return was made within the agreed "safe harbor" timeframe, with the hacker receiving a 10%
Solana Purchase for Balance Sheet Strengthens as DeFi Expansion Boosts Holdings to $48M Formerly known as Janover, the company has been actively acquiring SOL tokens at discounted rates to bolster its long-term cryptocurrency portfolio. DeFi Development Corp has now increased its Solana holdings by $9.9 million, bringing the total
Citrea has taken a significant step in addressing the challenge of collateral bottlenecks when utilizing BTC in decentralized finance (DeFi) by launching its Clementine Bridge on the Bitcoin testnet. This move is part of Citrea's mission to enhance the usability of Bitcoin by establishing a secure bridge between
XRP Ledger Experiences Security Breach Addressed by Foundation Recently, a critical flaw was detected in the XRP Ledger's library, prompting an urgent response. The vulnerability stemmed from unauthorized access using an XRP Ledger developer access token on the Node Package Manager (NPM) platform, where developers exchange code for
Tesla has disclosed that it maintains approximately $951 million in cryptocurrency holdings. Despite missing earnings expectations, Tesla did not liquidate any digital assets during the recent quarter. Following a regulation from the Financial Accounting Standards Board (FASB), businesses are now obligated to reevaluate the value of their digital assets on
AVAX Token from Avalanche Skyrockets 10.7% Amid Bullish Breakout Avalanche's AVAX token is defying recent market challenges, showcasing an impressive surge in value marked by heightened trading volume and a break past significant resistance levels. The recent price action of Avalanche's AVAX token reflects a
Mantra, the platform focused on real-world asset tokenization, is set to burn a substantial number of OM tokens to improve staking rewards following a sharp decline in the token's value. The decision involves incinerating 300 million OM tokens, with half of them being part of the initial allocation
Could Bitcoin Benefit from Trump Dismissing Powell? Lessons from Turkey's Lira Plunge Suggest So The possibility of President Trump firing Federal Reserve Chairman Jerome Powell may have repercussions for Bitcoin, as it could weaken the USD and prompt increased adoption of cryptocurrencies like BTC and stablecoins. President Erdogan
TD Cowen analysts have recently scrutinized Strategy’s impact on the Bitcoin market following its significant buying activities in the cryptocurrency over the last half-year. Despite pouring billions into Bitcoin, Strategy's purchases have shown minimal influence on BTC prices, as per TD Cowen's latest research. The
Bitcoin's Breakout Signals BTC Potentially Rallying to $90K-$92K: Technical Analysis The cryptocurrency is likely targeting the $90K-$92K range, which previously served as a strong support zone. * Bitcoin's price surged past $87,000, breaking out of a week-long consolidation between $83,000 and $86,000.
Chart of the Week: 'Dire Picture' for BTC Miners as Revenue Flatlines Near Record Low Despite bitcoin trading around $84,000, miner revenue has decreased due to the recent halving event and rising operational costs. * Hashprice, a key metric for miner revenue, is near a five-year low, highlighting
Chart of the Week: 'Dire Picture' for BTC Miners as Revenue Flatlines Near Record Low Despite bitcoin trading around $84,000, miner revenue has decreased due to the recent halving event and rising operational costs. * Hashprice, a key metric for miner revenue, is near a five-year low, highlighting
Trump's Official Memecoin Surges Despite Massive $320 Million Unlock in Thin Holiday Trading Despite the price increase, the token is still down over 88% from its peak and investors have lost a total of $2 billion. * Donald Trump's TRUMP memecoin has gained over 9% in the
Trump's Official Memecoin Surges Despite Massive $320 Million Unlock in Thin Holiday Trading Despite the price increase, the token is still down over 88% from its peak and investors have lost a total of $2 billion. * Donald Trump's TRUMP memecoin has gained over 9% in the
Trump's Official Memecoin Surges Despite Massive $320 Million Unlock in Thin Holiday Trading Despite the price increase, the token is still down over 88% from its peak and investors have lost a total of $2 billion. * Donald Trump's TRUMP memecoin has gained over 9% in the
Canary Capital Files for Tron ETF With Staking Capabilities The Securities and Exchange just days ago postponed its decision on Grayscale’s request to add staking to its ethereum ETF products. Canary Capital has recently submitted an application to the Securities and Exchange Commission to introduce a Tron ETF that
Cryptocurrency
Canary Capital Files for Tron ETF With Staking Capabilities The Securities and Exchange just days ago postponed its decision on Grayscale’s request to add staking to its ethereum ETF products. Canary Capital has filed for a Tron ETF that will include staking features. The SEC recently delayed the decision
Cryptocurrency
In a world where technology is becoming increasingly integrated into our daily lives, the concept of user-owned AI is gaining traction. Just as individuals self-custody their bitcoin, the idea of controlling one's AI agent is being advocated by David Minarsch. The current reliance on rented digital assistants poses
Cryptocurrency
HashKey Capital is set to introduce the Asian XRP Tracker Fund with Ripple as a notable investor, aiming to streamline XRP access for institutional use in cross-border transactions and crypto investments across Asia. In an effort to facilitate professional investors' entry into the realm of XRP without active management,
Cryptocurrency
Bitcoin Price Holds at $85K Amid Trump's Pressure on Fed Chair Powell Recent developments in the U.S. economy have sparked concerns about stagflation as the Philadelphia Fed manufacturing index plunged, accompanied by escalating prices due to the ongoing tariff war. Bitcoin maintained stability around $85,000, with
Cryptocurrency
Solana's value surged by 4.5% following Canada's introduction of the initial spot ETFs, marking a pivotal moment in the rise of institutional interest in North America. This development comes as SOL reaffirms its lead over Ethereum in decentralized exchanges, securing a remarkable 16% weekly increase.
Cryptocurrency
Bitcoin, often seen as the digital equivalent of gold by crypto enthusiasts, is increasingly being viewed as a risk indicator rather than a safe haven asset. This shift in perception aligns with the analysis provided by Godbole, suggesting that Bitcoin has evolved into a reflection of speculative market sentiment. Interestingly,
Cryptocurrency
Republican-led states have decided to temporarily halt their legal action against the U.S. Securities and Exchange Commission concerning its jurisdiction over cryptocurrency firms, citing new leadership within the SEC. The lawsuit, initiated in November, claimed that the SEC was overstepping into the domain of state regulators. The judge overseeing
Cryptocurrency
Bitcoin's ascent hit a snag recently as Federal Reserve Chair Jerome Powell voiced concerns about the potential for stagflation due to President Trump's tariffs. Powell highlighted the substantial impact of the tariff hikes on inflation and economic growth, leading to parallels with the challenging economic landscape
Cryptocurrency
Coinbase Institutional predicts a challenging period for the cryptocurrency market, signaling the arrival of a crypto winter. The recent downturn in Bitcoin, falling below its 200-day simple moving average, points towards an extended phase of losses and stagnation. David Duong, Coinbase Institutional's global head of research, indicates that
Cryptocurrency
Semler Scientific, a healthcare technology company, has entered into a preliminary settlement with the U.S. Department of Justice (DOJ), agreeing to pay $29.75 million to resolve allegations of violating federal anti-fraud laws in connection to its QuantaFlo product marketing. To finance this settlement, Semler Scientific intends to use
Cryptocurrency
Tether and Circle are gearing up to face fierce competition as traditional financial institutions, known as TradFi, step into the stablecoin arena, according to insights shared by Fireblocks. In a strategic analysis by Ran Goldi, Senior Vice President of payments at Fireblocks, it is revealed that the landscape of stablecoin
Cryptocurrency
Binance, KuCoin, and Other Crypto Firms Hit by Amazon Web Service Issue Binance opened withdrawals just over five minutes after the issue was first reported. Users are still reportedly facing issues placing trades on both Binance and KuCoin, X posts show. O que saber: * Binance and KuCoin temporarily suspended withdrawals
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Bitcoin Hovers at $85K as Fed’s Waller Suggests 'Bad News' Rate Cuts if Tariffs Resume U.S. stocks, including Strategy (MSTR) and MARA Holdings, rose on possible progress on trade talks with the EU. * Bitcoin edged higher to near $85,000 as improving market sentiment and trade
Cryptocurrency
KuCoin, MEXC and 12 Crypto Exchanges' Apple Apps Blocked in South Korea South Korean regulators will continue to block unreported virtual asset operators from accessing domestic sites, a statement said. * South Korea’s Financial Intelligence Unit requested that Apple block 14 apps of overseas unreported virtual asset operators. * Last
Cryptocurrency
Bitcoin Options Play Shows $100K Target Back in Bulls' Crosshair The $100K call option has become the most favored bet, with a notional open interest of nearly $1.2 billion. * Traders chase call options as BTC's price recovers. * The $100K call option has become the most favored
Cryptocurrency
Gold ETF Inflows Hit Three-Year High as PAXG, XAUT Outperform Wider Crypto Market Gold-backed cryptocurrencies like PAXG and XAUT rose significantly so far this year, mirroring a spike in ETF demand. * PAXG and XAUT are up more than 23% year-to-date, matching gold’s rally and outperforming the wider crypto market.