Liquity v2 outflows surpass $17M following stability pool warning
Decentralized lending protocol Liquity has seen over $17 million in withdrawals after urging users to exit its v2 stability pools due to an ongoing investigation into a potential threat. According to DefiLlama, an upward of $17 million has left the…...
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Illegal Bitcoin mining operation explodes in Malaysia
An illegal Bitcoin mining operation was discovered in a house in Malaysia, adding to the toll on the country’s power grid and contributing to the trend in electricity theft driven by illicit crypto mining activities. On Feb. 13, an explosion…...
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Altcoins Lose Over $234 Billion in Two Weeks: Blame Meme Coins?
The crypto market had a scare yesterday when Bitcoin and altcoins fell minutes after January’s release of the United States CPI data. With the economy heating up and inflation rising, exceeding economists’ expectations, there is concern that the Federal Reserve might have to intervene once more to lower price...
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Wyoming Highway Patrol Association Explores Bitcoin Adoption for Its Balance Sheet
The Wyoming Highway Patrol Association (WHPA), a nonprofit organization that supports troopers, dispatchers, and civilian staff, is considering adding Bitcoin to its balance sheet. The initiative is being pursued in collaboration with Proof of Workforce’s “Get Off Zero” program. It aims to educate labor unions and pension funds about...
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Is New Mexico the Next State to Hold a Bitcoin Reserve? VanEck Analysts See a $23 Billion Opportunity
New Mexico joins other US states in proposing the creation of a Bitcoin reserve, VanEck expects at least $23 billion to flow into State BTC. At this time last year, the crypto world was uncertain. The United States Securities and Exchange Commission (SEC) had just approved the first spot...
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Coincheck Sees 75% Revenue Surge Following Nasdaq Listing And Merger
Japanese cryptocurrency exchange Coincheck recorded a significant 75% increase in revenue during its fiscal third quarter, a surge attributed to its recent merger and successful Nasdaq listing. According to its earnings report for the period spanning October 1 to December 31, Coincheck’s revenue soared to $782 million, up from...
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Bitcoin (BTC) Poised to Hit a New ATH Soon, Says Analyst
TL;DR Bitcoin (BTC) rebounded from its February low of under $92K, with some analysts predicting a potential rise to a fresh peak. On the other hand, recent exchange inflows signal increased selling pressure, while rising US inflation may delay Fed rate cuts, potentially weighing on BTC. BTC Bulls to...
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S&P 500-Tracking SPY Boasts Of An Impressive Legacy, But Its Debut Pales In Comparison With BlackRock’s Bitcoin Spot ETF
The SPDR S&P 500 ETF Trust (NYSE:SPY) is the world’s largest and arguably the most popular exchange-traded fund, with a whopping $630 billion in assets under management. What happened: Launched in Jan. 1993, the SPY was also the first ETF to list on U.S.-based exchanges. It tracks the performance...
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Real Yield in DeFi: The Next Evolution of Passive Income
Decentralized finance has introduced new ways for people to earn passive income. Many users have been drawn to high-yield opportunities, but not all returns have been sustainable. Traditional DeFi yields often rely on inflationary token emissions, which can lose value […] The post Real Yield in DeFi: The Next...
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Analysis: Sui’s ecosystem growth drives market rebound
Sui has seen a market cap rebound of over 10% in the past 24 hours as a result of its growing presence in DeFi and gaming sectors. According to on-chain analytics platform Santiment, Sui’s market cap growth is supported by…...
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