CertiK exec explains how to keep crypto safe after $1.4B Bybit hack
The February hack against Bybit sent ripples through the industry after $1.4 billion in Ether-related tokens was stolen from the centralized exchange, reportedly by the North Korean hacking collective Lazarus Group, in what was the most costly crypto theft ever. The fallout from the hack has left many people wondering what went wrong, whether their […]
The crypto industry has turned into a global memecoin casino
Opinion by: Georgii Verbitskii, founder of TYMIO Memecoins have dominated the crypto narrative over the past year, leading to a series of high-profile events where most traders lost money while insiders profited. The Libra token alone, by some estimations, resulted in $4.4 billion in public losses. Unlike previous crypto cycles where broad market growth rewarded […]
Bitcoin risks new ‘death cross’ as BTC price tackles $84K resistance
Bitcoin (BTC) passed $84,000 into the March 19 Wall Street open as markets geared up for the US Federal Reserve interest-rate decision. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin, risk-assets lack “tailwinds” into FOMC Data from Cointelegraph Markets Pro and TradingView showed local highs of $84,358 on Bitstamp. Risk assets were on edge ahead of the […]
Bitcoin may recover to $90k amid easing inflation concerns after FOMC meeting
Bitcoin may stage a recovery above the key $90,000 psychological mark amid easing monetary inflation concerns in the world’s largest economy. Bitcoin’s (BTC) over two-month downtrend has raised numerous alarms that the current Bitcoin bull cycle may be over, defying the theory of the four-year market cycle. Despite widespread investor concerns, Bitcoin may be on […]
BFI charity allocates $90M, pledges $200M for health, climate initiatives
Blockchain For Impact (BFI), a charity established by Polygon co-founder Sandeep Nailwal, has committed $90 million to advance biomedical research, driving healthcare innovation, and enhancing climate resilience — a development that could spur blockchain’s adoption for charity initiatives. The Polygon co-founder’s BFI plans to allocate an additional $200 million to support the growth of healthcare […]
Community slams Crypto.com CEO over 70B CRO re-issuance
Major cryptocurrency exchange Crypto.com came under fire following an allegedly manipulated vote leading to a massive token burn reversal on Crypto.com’s Cronos blockchain. Crypto.com CEO Kris Marszalek took to X on March 19 to highlight the firm’s financial and regulatory stability amid the ongoing controversy over the 70 billion Cronos (CRO) token re-issuance. Essentially canceling […]
Solana stablecoin positioning threatens ‘extreme’ SOL volatility
Investors’ stablecoin positioning on the Solana network and a key technical chart pattern threaten more volatility for the Solana token, which may see a decisive moment for its price action. Solana’s transport layer saw “extreme” volatility in trading the Tether’s USDt (USDT) stablecoin, which may indicate that traders are repositioning in search of new investment […]
AI and crypto drive criminal efficiency: Europol
The European Union Agency for Law Enforcement Cooperation (Europol) published a report explaining how artificial intelligence and crypto affected organized crime. In a threat assessment report on serious and organized crime, Europol stated that AI and crypto play a role in criminal efficiency. The law enforcement organization said criminal networks have demonstrated an ability to […]
Bakkt stock tumbles nearly 30% after losing Bank of America and Webull
Crypto firm Bakkt’s share price plummeted over 27% on March 18 after the company revealed that two of its largest clients, Bank of America and Webull, would not be renewing their commercial agreements. In a March 17 regulatory filing, Bakkt said it had received notice of Bank of America not renewing its commercial agreement when […]
Bitcoin futures ‘deleveraging’ wipes $10B open interest in 2 weeks
Bitcoin (BTC) exchanges are getting a key “deleveraging event,” which should shape future gains, new research says. In one of its “Quicktake” blog posts on March 17, onchain analytics platform CryptoQuant revealed a $10 billion capitulation on Bitcoin futures markets. Bitcoin sees “essential” event for BTC price rebound Bitcoin derivatives traders have flipped firmly risk-off […]