KIP Protocol denies role in LIBRA launch, calls itself ‘convenient cover’
KIP Protocol, a web3 firm associated with the scandal token, distanced from the token launch, stating it had no role in initiating or managing the project. The controversy over a token promoted by Argentinian President Javier Milei, which has plunged…...
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These Altcoins Bleed Out as Bitcoin (BTC) Loses $96K Level (Market Watch)
Bitcoin’s price actions continue with underwhelming dominance as the asset fell below $96,000 after maintaining that level during the weekend. The altcoins have it worse, though, with massive daily price declines from the likes of SOL, DOGE, ADA, LINK, AVAX, and more. BTC Below $96K After the calmness felt...
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Germany’s Centre Right Alliance Secures Most Seats in EU Nations Election
Germany’s Centre Right Alliance (CDU/CSU) managed to secure the most seats in the country’s parliamentary election on Sunday, suggesting a more innovation-friendly environment awaits. 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. There are 733 seats in...
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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...
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Here’s why Sonic rallied over 10% today
Sonic’s price rallied 12.5%, deviating from the broader market trend as market participants remained bullish over its growing prominence in decentralized finance. Sonic (S), formerly known as Fantom soared to $0.903 on on Monday, Feb. 24, marking a 140% jump…...
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FloppyPepe private round sells out instantly: Will this be the next 10,000% breakout?
FloppyPepe sells out its private round in just 24 hours, raising $907,200, as AI-powered features and meme culture spark major investor interest. #sponsored...
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XYZVerse Burns 1 Billion Tokens, Strengthening Its Deflationary Model and Token Economics
[PRESS RELEASE – Decentralized, Decentralized, February 24th, 2025] XYZVerse, a sports-themed meme coin, has officially burned 1 billion tokens, announcing this move on its official Telegram channel. This latest burn comes after the successful completion of Stage 10 in its presale, which has already raised over $8 million. As...
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Ripple v. SEC Lawsuit: Here’s Why a Quick Resolution Is Unlikely
TL;DR Experts argue that Ripple’s legal battle with the SEC is far more complex, involving procedural intricacies like an existing $125 million penalty and ongoing jurisdictional oversight until August 7. Others have pointed to the recent changes in its management team to envision a potential pause of all crypto-related...
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Bybit Recovers Ethereum Reserves After Massive Hack
Bybit has fully restored its Ethereum (ETH) reserves after suffering one of the largest hacks in crypto history. The exchange’s CEO, Ben Zhou, confirmed the recovery on February 24, just days after losing $1.5 billion in a cyberattack. Source: https://www.cnbctv18.com/technology/bybit-suffers-major-crypto-heist-what-happened-and-what-it-means-for-users-19563208.htm […] The post Bybit Recovers Ethereum Reserves After Massive...
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OTCs at risk of a mass freeze in the wake of the $1.5b Bybit hack
Bitrace predicts that OTC services could face a large-scale freeze wave after the massive Bybit hack which resulted in a loss of over $1.5 billion. Bitrace, a joint crypto tracing and analysis platform, warned users that a mass freeze of…...
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