Key Takeaways: Bybit confirmed a $1.4 billion loss in ETH due to a sophisticated hack targeting a cold wallet. The attackers then injected malicious code into the wallet’s smart contract through a “masked” transaction to deceive Bybit’s security team. In the wake of the huge loss, Bybit also reassured users that the funds of all customers […

Key Takeaways: Pending final approval, the SEC has agreed to dismiss its lawsuit against Coinbase. This is indicative of a potential change in the US toward a more crypto-friendly regulation. Coinbase CEO Brian Armstrong heralds this as a boon for the industry and a sign things are getting better. The United States Securities and Exchange Commissio

Key Takeaways: Token Launch Fatigue: The initial surge in Solana-based meme coin launches is showing signs of slowing down. Scams Cast a Shadow: High-profile scandals of meme coins dent investor confidence. Regulation on the Horizon: The SEC is also ramping up its scrutiny of crypto, particularly to protect retail investors. Solana, which rode high

Blockchain gaming is experiencing a fascinating phenomenon known as capital rotation, similar to a game of musical chairs. Gunzilla Games, a prominent player in the blockchain gaming space, provided insights into this trend in a recent interview. The integration of blockchain technology has revolutionized the gaming industry, offering unique opport

Litecoin Booms: 243% Jump in Transactions as ETF Rumors Swirl Key Takeaways: Anticipation of spot ETFs has led to a surge in Litecoin’s daily transaction volume Since the beginning of October, LTC’s market cap has been rising much faster than Bitcoin’s. Preparations indicate a likelihood of ETF approvalˏ although that is not guaranteed. Litecoin Sp

Key Takeaways: Major ETF Outflows: Bitcoin ETFs faced $364.8M in withdrawals and Ethereum ETFs lost $13.1M on February 20. Market Impact: BTC and ETH prices may face downward pressure due to increased supply and selling activity in the near term. Investor Wariness: ETF outflows are fueled by profit-taking and macroeconomic uncertainty, while Ethere

FTX to Refund Users in Excluded Regions with Token Distributions Cryptocurrency exchange FTX has announced that it will be providing refunds to users in jurisdictions where they are currently unable to operate. The refunds will be distributed in the form of tokens, allowing affected users to still benefit from the platform’s offerings. This decisio

Bitcoin is currently experiencing a crucial phase in its price movement, as it nears the all-time high (ATH) of $97,000. Analysts suggest that in order to continue its upward trajectory, Bitcoin must close above this significant price point. The recent rally in Bitcoin’s price has garnered attention from investors and traders alike. Many are closel

The Securities and Exchange Commission (SEC) has officially closed its investigation into the popular NFT platform, OpenSea. This news comes as a relief to many in the cryptocurrency community who have been closely following the situation. The SEC’s decision to close the investigation indicates that they found no evidence of any wrongdoing on the p

In a livestream broadcast titled “Post-Quantum Cardano,” ADA founder Charles Hoskinson laid out a roadmap for making the blockchain quantum-resistant. His remarks come amid rapid developments in quantum computing hardware, including breakthroughs from Microsoft and other tech heavyweights, as well as newly released US government standards for post-