Bybit Moves Fast: $742M ETH Purchase Follows $1.4B Hack—Damage Control?
In a surprising turn of events, cryptocurrency exchange Bybit purchased around 266,700 ETH worth $742 million in just 48 hours. Blockchain analytics company Lookonchain has kept an eye on this significant transaction following a disastrous $1.4 billion hack that sent shockwaves to the digital asset space. Related Reading: Bitcoin Is Just Getting Started—Mathematician Predicts A […]
USDe Stablecoin Developer Ethena Raises $100M: Bloomberg
USDe's market cap has jumped to around $6 billion this month, becoming the third largest stablecoin behind Tether's USDT and Circle's USDC
Crypto Daybook Americas: Bybit Hack Fails to Ruffle Feathers, Traders Eye SOL ETF
Your day-ahead look for Feb. 24, 2025
Memecoins Under Fire as BTC Lullfest Below $100K Revives Memories of 2018
Attendees at Consensus saw memecoins as net negative for the broader crypto market. Some expected the SEC to approve ETFs tied to top altcoins.
Altcoin Season Likelihood Grows As The Alt Market Makes A Key Cross, Breakout Looming?
An altcoin season occurring in this current bull market cycle has become a heated topic in the crypto sector lately, with uncertainty observed among the majority of crypto enthusiasts. Even though altcoins have been performing significantly bearish in the past few months, recent developments in the alts market raise the possibility of an altseason as […]
Germany’s Centre Right Alliance Secures Most Seats in EU Nations Election
Friedrich Merz's CDU/CSU secured 28.52% of the vote while the far-right Alternative for Germany (AfD) secured 20.8% of the vote.
Did Ethereum’s Design Enable The Bybit Hack? Experts Clash
The colossal $1.5 billion hack of Bybit last week has set off fierce discussions across the crypto community, with some industry voices contending that Ethereum’s design might have played a role. The theft of approximately 401,000 Ether (ETH)— orchestrated by the North Korean Lazarus Group—has raised questions about whether Ethereum’s complexity makes its ecosystem uniquely […]
Bitcoin Is Just Getting Started—Mathematician Predicts A Massive Future
Despite the meteoric rise of Bitcoin since its inception, a Wall Street mathematician insists that its journey is only just commencing. Related Reading: Crypto Hub Wars: Hong Kong And Singapore Compete For The Top Spot In his appearance on the Jamie Tree podcast, Fred Krueger boldly asserts that the world’s largest cryptocurrency is on the […]
Raydium’s RAY Dives 25% as Pump.Fun Appears to Test Own AMM Exchange
Crypto watchers noticed the popular Solana tool apparently testing its own AMM in early Monday hours, dampening sentiment for tokens of its existing exchange.
Cardano Founder Hoskinson Shuts Down Kanye West Rumors
Cardano founder Charles Hoskinson has categorically dismissed rumors linking hip-hop artist Kanye West, now known as Ye, to a proposed token launch on the Cardano blockchain. In a brief video posted on X (formerly Twitter), Hoskinson poured cold water on speculation that Ye might roll out a cryptocurrency project under Cardano’s umbrella. No Kanye West […]