Solv Protocol exploit drains $2.7M in SolvBTC, 10% bounty offered
Bitcoin-focused Solv Protocol was exploited on Thursday, resulting in roughly $2.7 million worth of funds drained from one of its token vaults. The project has offered a 10% bounty to the attackers. Solv Protocol is a DeFi platform that allows…...
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How Will Markets React to $2.6B Crypto Options Expiring Today?
Around 31,700 Bitcoin options contracts will expire on Friday, Mar. 6, with a notional value of roughly $2.2 billion. This event is much smaller than last week’s, so there is unlikely to be any impact on spot markets. Crypto markets have seen a little daylight this week, with around...
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Canada’s Top 5 Bank Makes Crypto ETF Move With New Multi-Asset Fund
The fund behind the product has history with this asset class. Toronto-based 3iQ debuted one of the world’s first publicly traded spot Bitcoin funds back in 2021, well ahead of US regulators, who didn’t greenlight comparable products until early 2024. That fund crossed $1 billion Canadian dollars in assets...
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John Daghita arrested in Saint Martin for alleged $46M crypto theft
A U.S. government contractor accused of stealing more than $46 million in crypto from the U.S. Marshals Service has been arrested in Saint Martin following a joint international law enforcement operation, according to the FBI. John Daghita captured in a…...
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Why is crypto market going down today? (March 6)
The crypto market pulled back on Friday following a strong rebound on Thursday. After rallying nearly 5.5% over the past day, the global crypto market capitalization once again retracted, dropping 2% to $2.48 trillion on Friday, March 6. Bitcoin (BTC)…...
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Altcoin seasons are over, expect ‘non-traditional’ cycles ahead: Bitwise exec
The altcoins with “real world” traction and application will be the winners of the next altcoin season, says Bitwise’s Matt Hougan....
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Bitcoin and stocks stabilize after early-week slide. The bond market isn’t convinced.
Risk assets recover from oil-driven selloff as rising yields pressure Fed rate-cut bets....
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Almost nobody is talking about altseason anymore. That may be bullish
Social media mentions of “altseason” have dropped to their lowest level in two years, according to Santiment data, a contrarian signal that has preceded previous rallies in speculative crypto assets....
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Solana ETFs still hold ‘impressive numbers’ even as token dives 57%
Bloomberg ETF analyst Eric Balchunas says Solana ETF inflows are posting “pretty impressive numbers,” even as the token has dropped by more than half since they launched....
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US SEC drops Justin Sun lawsuit with $10M settlement from Rainberry
Justin has secured a $10 million settlement in a multi-year lawsuit filed by the United States Securities and Exchange Commission that accused the crypto entrepreneur of alleged fraud and securities violations. A letter from the SEC made public on Feb.…...
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