While some applaud the move toward mainstream adoption, privacy-centric Bitcoin supporters have raised concerns about centralized data aggregation.
Google has expanded its features to allow users to search wallet balances across blockchains such as Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom. When entering the wallet address, search results display the token balance by network along with the last updated time.
Users can search three Bitcoin address formats — P2PKH, P2SH, and Bech32 — to view current balances and recent transaction updates.
The exploit occurred hours after Ethena’s new ENA token was launched for farming on Binance.
Ethena Labs has been exploited for 480 BNB tokens worth $290,000 on the Binance launch pool for farming. The vulnerability behind the exploit is still unknown. On-chain security firm PeckShield reported the incident at 8:31 a.m. UTC, on March 29, in an X post.
Ethena Labs’s $ENA token was introduced on the Binance launchpool on March 29, a few hours before the exploit, enabling users to farm the token by staking BNB or FDUSD.
While there are reasons to be "very bullish" on Q2, the sheer speed of the Bitcoin and crypto bull market may be cause for concern, says QCP Capital.
Bitcoin (BTC) risks “exhaustion” as it nears the end of Q1, 2024 with 65% BTC price gains.
In an update sent to Telegram channel subscribers on March 29, trading firm QCP Capital warned that “exponential” upside could pose a problem next quarter.
The SFC website confirms that HKVAEX withdrew its license application nearly three months after the filing on Jan. 4, 2024.
HKVAEX, a Hong Kong-based crypto exchange allegedly tied to Binance, withdrew its license application from the Securities and Futures Commission of Hong Kong (SFC) on March 28.
The SFC had set a deadline of Feb. 29 for all crypto exchanges to apply for operational licenses in the region. HKVAEX, a crypto exchange that, according to Chinese state media SCMP, shares technical and other resources with Binance, applied for the Hong Kong license on Jan.
Bitwise’s Matthew Hougan said the best advice he could give traders is to “keep calm and take the long view.” Bitwise chief investment officer Matthew Hougan said institutional investors would likely inject as much as $1 trillion into Bitcoin (BTC) through exchange-traded funds (ETFs) as they slowly move into crypto.
In a memo sent to investment professionals, Hougan addressed concerns over Bitcoin’s price volatility. As the asset bounces between $60,000 and $70,000, the executive said the best approach would be to “keep calm and take the long view.
Gambaryan’s lawyer requested an adjournment for the NSA and EFCC to respond, which was granted by the judge, who postponed the case to April 8.
Binance's Head of Financial Crime Compliance has asked the Federal High Court in Nigeria to mandate the Office of the National Security Adviser (NSA) and the Economic and Financial Crimes Commission (EFCC) to issue an apology to him regarding his detention in the country.
Former FTX and Alameda executives agreed to share information to aid in the class group’s legal fight against other alleged FTX promoters. Former FTX executives and promotors have come to a nearly $1.36 million settlement with a class action group of the crypto exchange’s former investors seeking compensation for being defrauded.
FTX co-founder Zixiao “Gary” Wang, former engineering lead Nishad Singh and sister trading firm Alameda Research ex-CEO Caroline Ellison agreed to cooperate and give information to the lawsuit to resolve the claims against them, according to a March 27 Miami federal court bid seeking the settlements’ approval.
Bitcoin Cash hasn’t seen open interest at this level since May 2021, when its price was nearly 2.5 times higher.
Bitcoin Cash (BCH) is currently trading at $574.84, having jumped 9.06% over the past 24 hours as the second-ever BCH halving event is set to take place next week.
Traders appear to be heavily securing their positions in anticipation of the BCH halving, which is scheduled for April 4, according to NiceHash data.
The newly launched spot Bitcoin ETFs, excluding Grayscale have now amassed $35 billion worth of Bitcoin in just 54 days of trading. The nine new spot Bitcoin exchange-traded funds have accumulated over 500,000 Bitcoin (BTC) since launching in January, with their holdings now accounting for 2.54% of the current circulating supply.
The nine ETFs, which launched on Jan. 11, hit the milestone following another day of inflows on Thursday, which saw the nine ETFs scoop up $287.
Ethereum network standards should increase when considering layer-2 scaling solutions, suggested Ethereum co-founder Vitalik Buterin. Ethereum co-founder Vitalik Buterin is proposing to raise the bar on what’s considered a rollup in the Ethereum ecosystem — and suggests developers should aim to get their decentralization efforts in order by the end of the year. The comments came in his latest blog post on March 28, reflecting on the year ahead following Ethereum’s latest Dencun upgrade, which significantly reduced transaction fees for rollups on layer 2.
Kerrisdale Capital claims MicroStrategy’ is no longer a “unique way to gain access to Bitcoin” but Michael Saylor has long argued his firm will remain an attractive option to investors.
There may be little reason left for investors to trade MicroStrategy stocks to gain exposure to Bitcoin (BTC) after the approval of several spot Bitcoin exchange-traded funds (ETF) this year, argues investment firm Kerrisdale Capital.
MicroStrategy’s executive chairman Michael Saylor, would likely beg to differ.
Malware database vx-underground has warned of a new info-stealing malware in cyberspace that is targeting video gamers, especially those who use cheating software. A new flood of mystery malware has reportedly been targeting video gamers and draining their Bitcoin (BTC) wallets as part of a new info stealer campaign, which also has been targeting cheaters. Malware information repository vx-underground said in a March 28 X post it was aware of a “currently unidentified Threat Actor” using malware to steal login and other credentials of those using pay-to-cheat video game software.
The hacker’s on-chain message came approximately six hours after the hack occurred. However, blockchain security firms noted the hacker had also started swapping the stolen funds for Ether.
The hacker behind the $11.6 million exploit of decentralized finance (DeFi) protocol Prisma Finance is claiming it was a “whitehat rescue” and is enquiring about returning the funds, according to on-chain messages. “Hi, this is a whitehat rescue, who can I contact to refund,” the exploiter said on March 28, around 6 hours after the attack.
Memecoins based on Sam Bankman-Fried rocketed and then crashed as a U.S. court handed down more than two decades of jail time for the former FTX CEO. Memecoin degenerates have once again put their money on a swathe of questionable tokens — this time amid the historic sentencing of Sam Bankman-Fried, which saw him wrapped with a 25-year prison sentence. On March 28, Judge Lewis Kaplan sentenced Bankman-Fried to a total of 25 years in prison on seven counts of fraud, making the former CEO the first person from FTX to face prison for the collapse of the exchange in November 2022 — referred to as one of the biggest corporate collapses in United States history.
With a market capitalization of $4.2 billion, a $800 million stock offering would effectively dilute CLSK shares by 19%.
Bitcoin miner CleanSpark plunged 10% in after-hours trading on Thursday after the firm amended its at-the-market (ATM) offering agreement to sell up to $800 million of its stock.
CleanSpark initially inked a deal for a $500 million ATM offering with New York investment banking firm H.C. Wainwright & Co on Jan.
Crypto ATM installs declined in 2023, but a post-halving Bitcoin price growth spurt should see the space rebound, says Bitcoin Depot CEO Brandon Mintz.
Bitcoin ATMs will likely see a global acceleration in installations after the Bitcoin halving, a period when crypto FOMO (fear of missing out) typically hits a fever pitch, according to the boss of a major Bitcoin ATM operator.
In 2023, crypto ATM installs had their first-ever yearly decline in a decade, owing to a bear market likely exacerbated by the collapse of several crypto firms.
Taiwanese celeb raises $37M for Solana memecoin via a single tweet, KuCoin airdrop to stem losses following charges and more: Asia Express.
Our weekly roundup of news from East Asia curates the industrys most important developments.
Cryptocurrency exchange KuCoin is airdropping $10 million in Bitcoin and its native token KCS to users to try to convince them to stick by the exchange after a criminal indictment by prosecutors of the U.
BTC price can more than double in price this cycle, thanks to Bitcoin ETFs, next month's halving, and easing monetary conditions.
Bitcoin (BTC) price could gain another 150% during the current bull market cycle, according to Laurent Benayoun, the CEO of Acheron Trading and quantitative trading strategies expert. The executive anticipates a potential cycle top of $180,000 for BTC price, based on a combination of factors, including the spot Bitcoin exchange-traded funds (ETFs), and the new supply reduction from the upcoming Bitcoin halving.
The platform was part of a targeted campaign by state regulators and promised to stop U.S retail operations last summer.
Cryptocurrency platform Abra and its CEO William Barhydt reached a settlement with the Oregon Division of Financial Regulation, under which it will return assets held by Oregon users on the platform and cease and desist from offering unregistered securities in the state. This is the latest step in the United States-based company’s withdrawal from the U.
Ethereum futures open reached a new all-time high, calling into question whether ETH can rally to $3,800.
Ether (ETH) has been grappling with the $3,600 level for the past three days, yet it seems traders may have overlooked the fact that the ETH price has soared by 58.8% since February. While some market participants attribute the limited upside to uncertainty surrounding the likelihood of a spot Ether exchange-traded fund (ETF) being approved in the U.
The SEC approved investment vehicles tied to Ether futures in October but has not reached a decision about spot ETH exchange-traded funds on U.S. exchanges.
Asset management firm Bitwise has filed with the United States Securities and Exchange Commission (SEC) to list and trade shares of a spot Ether (ETH) exchange-traded fund, or ETF.
In a March 28 filing, Bitwise filed a Form S-1 registration statement with the SEC for shares of its Ethereum ETF.
The service is currently available in beta for select markets. Web 3 advertising service platform Everyworld has reached a total user base of 225,000 as of March 28.
According to a press release from Everyworld, this milestone for the service occurred within a month of its initial beta. Everyworld describes its platform as having “elements of a media platform, a game show, an online marketplace and even TikTok,” but also notes that it’s “entirely different.
Bitcoin is looking positive, but the up move is likely to face stiff resistance above $72,000.
Bitcoin’s (BTC) recent fall does not seem to have dented the demand for the spot Bitcoin exchange-traded funds. After five days of successive net outflows last week, demand bounced back sharply with $418 million in net inflows into the ETFs on March 26 and $243 million inflows on March 27, according to Farside Investors data.
United States tokenized securities are predominantly held by Franklin Templeton and BlackRock funds. United States Treasurys tokenized on public blockchains surpassed $1 billion as traditional financial firms continued to load securities on-chain amid a prolonged period of elevated interest rates.
Data compiled by 21.co and Dune Analytics shows that tokenized government securities stood at $1.07 billion in assets on March 28, distributed across 17 products. A majority of the assets are based on the Ethereum, Polygon and Stellar networks.
The makers of Wilder World claim that it will be the “ultimate game” by combining popular genres into a single experience.
Web3 game Wilder World has been given a listing on the Epic Games Store ahead of its as-of-yet unscheduled launch. Wilder World is being described as “the ultimate game” by the publisher, also known as Wilder World. Per a press release seen by Cointelegraph, the game features “a free-roam virtual world that begins in Wiami, a metaverse city to explore, race, socialize, and much more.
Buyers are required to agree to a vesting period of four years for their FTX SOL purchase. The estate of bankrupt cryptocurrency exchange FTX will sell its balance of 41 million Solana (SOL), worth $7.65 billion at the time of publication, to institutional investors at around $60, or a 68% discount to its current market price.
As told by FTX creditor Sunil Kavuri during FTX co-founder and former CEO Sam Bankman-Fried’s (SBF) sentencing on March 28, not all customers have been made whole by the exchange's bankruptcy.
Ethereum price has had a rocky week and data suggests that more downside could be on the way.
After rallying to $4,091 leading into the Dencun upgrade, Ether (ETH) has underperformed over the last month compared to Bitcoin and the broader crypto market, leading traders to doubt whether the altcoin’s downtrend is over.
To put this into context, Bitcoin’s (BTC) price fell by 18% during the same period, while the total cryptocurrency market capitalization dropped by 16%.
The token merger will drive new resources and create new collaborations to bolster decentralized AI development, ChainGPT’s CEO told Cointelegraph.
The upcoming token merger of prominent artificial intelligence (AI) protocols SingularityNet, Fetch.ai, and Ocean Protocol will set a new standard for decentralized AI development, Ilan Rakhmanov, the CEO and founder of ChainGPT, told Cointelegraph in an interview. He explained:
The $7.5 billion AI token merger was confirmed on March 27, hours after reports started emerging of the potential deal.
Judge Lewis Kaplan found that the former FTX CEO also committed witness tampering and perjury based on his testimony at trial over user funds.
Former FTX CEO Sam “SBF” Bankman-Fried will serve 25 years in prison following a sentencing hearing in federal court.
On March 28, Judge Lewis Kaplan of United States District Court for the Southern District of New York sentenced Bankman-Fried to 240 months and 60 months for a total of 25 years for his conviction on seven felony charges.
Bitcoin sets a positive tone into the U.S. holiday weekend as a Coinbase-induced BTC price dip fails to keep bulls back for long.
Bitcoin (BTC) sought higher levels at the week’s last Wall Street open as bulls refused to succumb to market nerves.
Data from Cointelegraph Markets Pro and TradingView followed resurgent BTC price action as it passed $71,000.
Flash volatility characterized the day prior as an ongoing legal battle between United States exchange Coinbase and regulator the Securities and Exchange Commission (SEC) sent Bitcoin below key $69,000 support.
The integration provides a high-level overview of both ecosystems, allowing cryptocurrency teams to run their own queries and get insights from the raw data.
Cryptocurrency users looking for the latest “alpha” in SportFi and zero-knowledge rollups can keep close tabs on data and insights from blockchain Chiliz and Ethereum layer 2 zkSync through new integrations on Nansen.
The blockchain analytics platform announced the integration of the two different protocols on March 28, unlocking on-chain data analytics and insights for its users.
DOGE's price surge is driven by increased whale accumulation, X payment platform's license approvals, and heightened interest in the derivatives market.
On March 28, Dogecoin (DOGE) price soared 13.35% to reach $0.21, its highest level since January 2022. In doing so, the memecoin has outperformed most of its top-ranking rivals, including Bitcoin (BTC) and Ether (ETH), on a 24-hour performance metric.
Let's discuss the main factors driving the Dogecoin price upward today.
By Dec. 1, agencies must establish specific safeguards for AI applications that could affect the rights or safety of Americans, as outlined in a White House fact sheet.
The White House has unveiled its inaugural comprehensive policy for managing the risks associated with artificial intelligence (AI), mandating that agencies intensify reporting on AI utilization and tackle potential risks posed by the technology.
According to a March 28 White House memorandum, federal agencies must, within 60 days, appoint a chief AI officer, disclose AI usage and integrate protective measures.
The Indonesian financial authorities said by the beginning of next year they will implement a regulatory sandbox for crypto assets in an effort to prevent fraudulent investments. The Indonesian Financial Services Authority (OJK) said that local financial services institutions offering new products and services must be included in the regulatory sandbox or leave room for testing upcoming innovations, including crypto asset products. According to a report by local Indonesian media outlet DetikFinance, in the future, once regulated and supervised, crypto assets will also need to go through a regulatory sandbox.
Elon Musk rolled out the paid verification model on X, earlier known as “Twitter Blue,” to fight the scammers and spammers thriving on the platform before his takeover.
Elon Musk will no longer charge influential accounts on X for certain premium features as long as they meet certain conditions. However, those conditions also appear achievable for accounts involved in cryptocurrency scams.
On March 28, Musk announced that accounts with 2,500 verified subscribers as followers will no longer need to pay for “Premium” features on X.
While more validators could mean more security, community members think too many could be problematic.
The Ethereum network recently hit the one million validator milestone, with 32 million Ether (ETH), valued at approximately $114 billion based on current market prices, currently staked.
On March 28, the Dune Analytics dashboard created by Hildobby to track Ethereum staking progress showed that the network achieved a validator count of one million, with the 32 million ETH staked accounting for 26% of the total supply.
Amazon has fulfilled its $4 billion investment commitment to AI startup Anthropic, announcing a minority ownership stake in the company and Amazon Web Services (AWS) as its cloud service provider. The web services giant Amazon said that it is fulfilling its $4 billion investment commitment to the artificial intelligence (AI) startup Anthropic. In a post on March 27, Amazon said it now holds a minority ownership position in the company after investing an additional $2.
The current Bitcoin dominance chart resembles that of the “2018-2019 bear market,” crypto trader “Beanie” wrote on X. A clear ascending triangle is forming on the Bitcoin dominance chart, signaling a potential surge in Bitcoin’s (BTC) market share, according to several crypto traders. Some, however, argue it’s going to go the other way. “The BTC dominance train is about to leave the station,” crypto trader and Into The Cryptoverse founder Benjamin Cowen declared to his 810,700 followers in a March 27 X post.
The decentralized liquidity protocol said March brought record monthly trading volume, while some Bitcoin maxis still have reservations about borrowing on the protocol.
The decentralized liquidity protocol THORChain has notched more than $10 billion in total monthly trading volume for the first time in history. However, Bitcoin (BTC) maximalists are divided on whether the platform offers enough safety to potential borrowers. In a March 27 post to X, the official social media account for THORChain announced the milestone, with Runscan data showing that the protocol has since notched $10.
The new milestone was reached shortly after the launch of BlackRock's first tokenized asset fund — BUIDL, which joined 16 other tokenized government securities funds last week.
More than $1 billion worth of United States Treasurys now exist across Ethereum, Polygon, Solana, and other blockchains, helped in part by the recent launch of the BlackRock USD Institutional Digital Liquidity Fund.
BlackRock’s product, tickered “BUIDL,” was launched on Ethereum on March 20 and now boasts a market cap of $244.
The ARK 21Shares Bitcoin ETF saw a massive $201.8 million in inflows, almost a four-fold increase from its daily average of $43.9 million.
ARK 21Shares’ spot Bitcoin (BTC) exchange-traded fund (ETF) managed to notch a record $201.8 million of inflows on Wednesday, almost quintupling its average daily inflows as Bitcoin just fell short of reaching $72,000.
Preliminary data from Farside Investors revealed that on March 27, the ARK 21Shares Bitcoin ETF's daily inflow was a four-fold increase from its daily average of $43.
A new method for inscribing data on Ethereum blobs is wreaking havoc on fees for the data-saving feature. A viral new method for minting data to the Ethereum blockchain dubbed “BlobScriptions” is pushing up the price of Blob fees — the amount required for a blob to be included in an Ethereum block. BlobScriptions were introduced on March 27 by a protocol called Ethscriptions, allowing users to inscribe data — from JPEGs to text — directly onto “blobs,” which were introduced to the Ethereum network as part of the network’s Dencun upgrade on March 13.
BlackRock’s CEO Larry Fink says he’s been “pleasantly surprised” at the level of retail demand for his firm’s spot Bitcoin ETF.
BlackRock CEO Larry Fink has been “pleasantly surprised” by the performance of his firm’s spot Bitcoin (BTC) exchange-traded fund (ETF) and has reiterated he's “very bullish” on the long-term viability of Bitcoin. “IBIT is the fastest growing ETF in the history of ETFs. Nothing has gained assets as fast as IBIT in the history of ETFs,” Larry Fink said in a March 27 interview with Fox Business.
The massive overall demand for Bitcoin along with macroeconomic factors will play a far bigger role in driving the price of Bitcoin this year.
The Bitcoin (BTC) halving in April will only be one small part of why the cryptocurrency could see phenomenal gains this year, according to multiple industry analysts.
Next month, the Bitcoin halving will reduce daily BTC production by about 450 BTC from the current average daily amount of 900 BTC, investment researcher Lyn Alden told Cointelegraph.
More than 500 days after FTX filed for bankruptcy, the world will soon learn whether former CEO Sam Bankman-Fried remains in prison for decades or receives a lenient sentence.
On March 28, former FTX CEO Sam “SBF” Bankman-Fried will face a judge and learn whether his time in federal prison is ending or just beginning following his conviction on seven felony charges.
Judge Lewis Kaplan will hear from prosecutors and SBF’s attorneys in United States District Court for the Southern District of New York for one of the last times the former FTX CEO will appear in person as part of his criminal case.
The CryptoPunks collection recorded another $16-million transaction this month as CryptoPunk #7804 sold for 4,850 ETH on March 20. In this week’s newsletter, read about how an Indonesian man who sold nonfungible token (NFT) selfies in 2022 is making a comeback through memecoins. Check out how asset manager BlackRock’s crypto wallet received memecoins and NFTs after depositing a stablecoin in the wallet. In other news, find out how the CEO of Pixelmon is betting on fractionalized NFTs, and learn about a new CryptoPunk transaction taking the second-largest sale record for the collection.
Tether intends to “set new industry standards” with its open-source AI operations.
Tether Operations Limited, the blockchain and cryptocurrency company behind the Tether stablecoin, has announced a strategic expansion of its artificial intelligence (AI) focus alongside a global recruitment drive for “top-tier” talent for its AI division.
The expanded strategic focus comes amid concerns “over the monopolization of AI technologies by Big Tech,” according to a press release from Tether.
Bitcoin price reversed course at the $71,000 level as professional traders' confidence began to waver.
Bitcoin (BTC) price faced a moderate correction to $68,430 on March 27 after failing to break above the $71,000 mark. Data from Bitcoin derivatives data reveal a decline in bullish sentiment among professional traders over the past week, which could possibly indicate that the $69,000 level will not hold.
Despite a rally from $63,800 to $70,000 in the five days leading up to March 27, only $151 million in leveraged short positions were forcibly closed in the BTC futures markets.
"We are extremely excited to move forward as an Alliance and bring our combined knowledge and expertise to bear," developers said in a statement. A token merger to the tune of $7.5 billion consisting of artificial intelligence (AI) protocols, SingularityNet, Fetch.ai, and Ocean Protocol, is scheduled for a community vote of approval on April 2.
According to the March 27 announcement, there will be three separate community votes for each individual protocol, with completion of all voting scheduled for April 16.
Staking rewards could create a taxable event for shareholders and introduce new risks associated with the fund.
Fidelity filed an S-1 application with the United States Securities and Exchange Commission (SEC) on March 27 to create a spot Ether (ETH) exchange-traded fund (ETF). As expected from an earlier filing, the ETF will give Fidelity the option to stake part of the ETH it holds. The asset management giant’s ETF would trade on the Cboe BZX Exchange.
Grayscale says multiple metrics make it clear that Bitcoin is in the “middle of the bull run.” Historical Bitcoin (BTC) market cycle indicators show that the crypto market is “presently in the middle of the bull run,” backed by a mix of strong fundamental and technical factors, according to a recent report from Grayscale. It is not easy to determine the onset of crypto bull runs apart from the fact that BTC price has often peaked 8-11 months after Bitcoin supply halving.
Max pain Bitcoin price is at around $50,000 as over 134,000 BTC are set to expire on Deribit this Friday.
Over $9.4 billion worth of Bitcoin (BTC) options are set to expire on the Deribit cryptocurrency exchange on March 29, as some analysts suggest that Bitcoin’s “max pain” price could be around the $50,000 range. Over 134,000 BTC worth of open interest is set to expire on the Deribit exchange at 8 am UTC on Friday, suggesting a max pain price of $50,000, according to data shared by Unfolded in a March 27 X (formerly Twitter) post.
The funds will be used to support ecosystem initiatives and reward long-term contributors. Solana decentralized exchange (DEX) Jupiter is allocating 10 million USD Coin (USDC) and 100 million of its native JCP token ($127 million), worth a combined $137 million at the time of publication, to kickstart its Jupiter DAO.
As announced on March 27, the budget "provides the DAO the capability to fund the ideas with USDC and have the JUP allocation for long term incentive alignment with J.
Casa’s new self-custody inheritance feature will support multi-key vaults that allow benefactors to inherit BTC, ETH, USDT and USDC from deceased estates. Bitcoin self-custody firm Casa is rolling out an inheritance feature aimed at streamlining the transfer of assets to benefactors from deceased estates.
The inheritance of cryptocurrencies can be a complicated process, even more so if the owner of the digital assets has not made any provisions for their families or designated recipients to take control.
Bitcoin's old 2021 all-time high proves to be a magnet as bulls' latest charge is cut off near two-week BTC price highs.
Bitcoin (BTC) saw fresh volatility at the March 27 Wall Street open as analysts said that short liquidations were now long overdue.
Data from Cointelegraph Markets Pro and TradingView tracked BTC price action as it hit its highest levels in nearly two weeks — $71,754 on Bitstamp.
As Bitcoin continued its early stages of development, the largest exchange at the time was on its way to ruin.
Welcome to History of Crypto, a Cointelegraph series that brings readers back to the most significant events in the crypto space. Powered by Phemex, the timeline allows crypto community members to explore and look back at the important events that shaped the industry into what it is today. This article explores the pivotal period from 2013 to 2015 in the cryptocurrency world — a time of significant advancements and notable challenges.
Projects under attack can hire the SEAL 911 team of white hat hackers to combat exploits — but only after signing on the dotted line.
It started with the chaotic $190 million Nomad hack in August 2022. An exploit, or flaw in the code, was found for the bridge, and a colossal crowd of criminals rushed in to loot the funds. In its analysis of the exploit, Immunifi said one problem was: Staying true to DeFi Principles, this hack was permissionless anyone could join in.
The DFINITY Foundation’s newly released ecosystem report revealed the community committed more than 6.5 million ICP tokens to decentralization efforts in 2023.
Internet Computer community members pledged almost $80 million worth of Internet Computer (ICP) tokens to help decentralize protocols in the ecosystem last year. Contributor to the Internet Computer network, the DFINITY Foundation, released its 2023 protocol ecosystem report on March 27, revealing that the community committed more than 6.
An unidentified individual or entity who received 2,000 Bitcoin in mining rewards in 2010 has consolidated them into a single wallet.
CryptoQuant founder and CEO Ki Young Ju believes that the movement and consolidation of 2,000 Bitcoin (BTC) by an unidentified individual or entity into a single wallet indicates a “sell-side liquidity crisis waking up old Bitcoin.”
Young Ju pointed out that the pattern of the transactions suggests the coins were sold via OTC.
The new token would have a fully diluted valuation of $7.5 billion and a potential deal could be announced as soon as Wednesday.
Three prominent artificial intelligence (AI) protocols, SingularityNet, Fetch.ai and Ocean Protocol are in discussions to merge their tokens into an AltSignals (ASI) token that would have a fully diluted valuation of $7.5 billion.
The deal could be announced as soon as Wednesday, depending on community approval, according to people familiar with the matter, Bloomberg M&A reported.
Ripple helped build an ecosystem automated market maker protocol in close partnership with the XRP Ledger blockchain community. Ripple’s underlying XRPL blockchain is set to unlock a wide range of decentralized finance (DeFi) capabilities following the launch of a natively built automated market maker protocol.
Ripple recently announced the release of the XLS-30 AMM protocol, built in partnership with the XRPL community, as a feature to benefit its blockchain ecosystem.
Bitcoin analysis is counting down to a BTC supply squeeze unlike any other — one which should come within the next year.
Bitcoin (BTC) has less time than ever remaining before demand outpaces supply, new research says.
In its latest Weekly Crypto Report on March 26, on-chain analytics platform CryptoQuant described an unfolding “sell-side liquidity crisis.”
Bitcoin demand has rocketed this year, partly thanks to the United States’ spot Bitcoin exchange-traded funds (ETFs).
On March 27, 4:40 am UTC, Munchables identified the hacker as one of its developers. An hour of negotiations led to the former developer agreeing to return the hacked funds.
It took nearly eight hours for the Munchables hacker — a Munchables developer — to have a change of heart and return $62.8 million worth of Ether (ETH) stolen in an exploit without demanding a ransom.
On March 26, roughly around 9:30 pm UTC, Ethereum-based nonfungible token (NFT) game Munchables reported a hack that drained over 17,400 ETH from the GameFi app.
Despite legal action against KuCoin's founders and a drastic uptick in withdrawals from the exchange, CryptoQuant CEO Ki Young Ju claims there's no reason to be overly concerned. The Seychelles-based crypto exchange KuCoin has been declared “fine” by Ki Young Ju, the founder and CEO of crypto analytics service CryptoQuant, despite criminal allegations and mounting concerns over its reserves among its users. “BTC and ETH withdrawals surged, driven mainly by retail users, with a small impact on the overall reserve,” CryptoQuant CEO Ki Young Ju stated in a post on X.
Nilam Resources’ shares gained a blistering 1700% after announcing it would buy 24,800 Bitcoin. Some say it's a "marketing stunt" from a dying penny stock. Nilam Resources, a micro-cap company that touted plans this week to acquire $1.7 billion worth of Bitcoin (BTC), has been flagged as a “public interest concern” amid a meteoric 1,500% share price surge on Tuesday. OTC Markets Group, the firm that runs OTC Pink, a platform for over-the-counter stock trading, currently labels Nilam Resources (NILA) as “Caveat Emptor” — a designation it hands down to companies it deems worthy of “buyer beware.
Fidelity’s Bitcoin ETF posted its largest day of gains over the last two weeks, leading the pack with $279 million in daily inflows.
Fresh capital is flowing back into US spot Bitcoin (BTC) exchange-traded funds (ETFs) following a five-day span of consecutive net outflows.
Led by strong inflows into Blackrock’s and Fidelity’s funds, the ten recently approved spot Bitcoin ETFs saw a combined net inflow of $418 million on March 26, according to Farside Investors data.
Lawyers for FTX say that customer claims for four SBF-linked cryptocurrencies: MAPS, OXY, SERUM, and BOBA should be heavily discounted or reduced to zero.
Embattled cryptocurrency exchange FTX wants to quash investor’s claims for so-called ‘Sam Coins’ arguing that they should be valued at zero in an ongoing bankruptcy case. In a March 26 court hearing, lawyers representing FTX asked Delaware bankruptcy judge John Dorsey to heavily discount customer claims for a handful of digital tokens closely linked to jailed FTX founder Sam Bankman-Fried, FTX attorney Brian Glueckstein said customer claims for the native tokens of travel platform Maps (MAPS), DeFi brokerage Oxygen (OXY), decentralized exchange Serum (SERUM), and Boba (BOBA) should be heavily discounted or reduced to zero.
Giga's new site harnesses otherwise wasted energy from natural gas flaring and has already mined between $200,000 and $250,000 worth of Bitcoin, says the firm's co-founder.
Texas-based Bitcoin (BTC) miner Giga Energy has expanded its operations into Argentina as part of a move to utilize wasted energy from "natural gas flaring" on the South American nation's oil fields. Giga co-founder Brent Whitehead described the expansion as a “significant milestone” for his firm in a March 26 post on LinkedIn.
Swyftx lead analyst Pav Hundal says this isn’t a “classic bulls versus bear battle,” while Swan Bitcoin CEO Cory Klippsten predicts “somebody gotta break at some point.” As Bitcoin (BTC) toes around the $70,000 price mark, there’s speculation that short-sellers are feeling the pressure due to diminishing downtrends and quicker-moving uptrends, potentially driving Bitcoin’s price to $80,000, according to an analyst.
“This is a textbook sign that shorts are being squeezed as we hit fresh all-time high territory,” trading resource The Kobeissi Letter stated in a March 26 X post.
Coinbase’s move on-chain will carve a path toward a future on-chain financial system, claimed Bankless podcast co-host David Hoffman.
Coinbase will start moving more of its customer and corporate USD Coin (USDC) stablecoin accounts to Base — its Ethereum layer-2 blockchain launched a little over seven months ago.
Coinbase vice president Max Branzburg posted to X on March 26 claiming the move would allow the crypto exchange to “manage and secure customer funds with lower fees and faster settlement times.
Hashdex will be the 11th entrant to a competitive spot Bitcoin ETF race in the U.S. dominated by BlackRock and Fidelity.
Asset manager Hashdex is officially joining the spot Bitcoin (BTC) exchange-traded fund (ETF) market in the United States after completing the conversion of its futures ETF to hold spot Bitcoin. In a March 26 announcement, Hashdex said it has renamed and converted its Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF with the ticker “DEFI.
On March 28, Judge Lewis Kaplan will decide how long former FTX CEO Sam Bankman-Fried will remain in prison following his conviction on seven felony counts.
Advocates for Sam “SBF” Bankman-Fried, expected to be sentenced on March 28 following his conviction on seven felony counts, have called for leniency for the former FTX CEO.
In letters filed in United States District Court for the Southern District of New York on March 26, five individuals called on Judge Lewis Kaplan to impose a light sentence on SBF.
SOL price struggles to rally above $200, but on-chain and derivatives metrics point to a healthy market.
Solana’s native token SOL (SOL) experienced a 12.8% increase from March 24 to March 26, only to face a downward correction to $186 afterward. Despite this, investors remain hopeful, citing the surge in activities such as memecoins and airdrops on the Solana network as key factors that could maintain SOL’s positive trajectory and potentially elevate its price above $200.
According to a letter for SEC Chair Gary Gensler, leaving Ether in regulatory limbo between the SEC and CFTC could have "irreparable consequences for the digital asset markets.”
Lawmakers with the United States House Financial Services Committee and House Agriculture Committee have expressed concerns about how the Securities and Exchange Commission (SEC) intends to handle Ether (ETH).
In a March 26 letter to SEC Chair Gary Gensler, U.S. lawmakers, including House Financial Services Committee Chair Patrick McHenry and Vice Chair French Hill, urged the commission to address crypto firm Prometheum’s intention to offer institutional custody services for Ether.
Bitcoin price remains shaky at the $70,000 resistance, but on-chain data suggests market participants are preparing for a stronger rally.
Bitcoin (BTC) price rose above $71,000 for the first time since March 15, as capital flows into spot BTC ETFs turned positive.
Data from Cointelegraph Markets Pro and TradingView shows that BTC has risen more than 0.55% over the last 24 hours to hit a weekly high at $71,582 on March 26.
The layer-2 scaler earmarked a total of 850 million Optimism tokens worth $3.3 billion for funding its public goods and announced another three funding rounds.
Ethereum layer-2 scaling network Optimism is putting aside $3.3 billion worth of its Optimism (OP) token for its community to grant to projects or people deemed important contributors to the blockchain’s ecosystem.
On March 26, the chain’s governance and community arm, Optimism Collective, said that some of the 850 million OP would be doled out over four categorized rounds starting in May and continuing throughout 2024.
Four market experts assess the current state of the Bitcoin market and where it is heading next. After reaching all-time highs in early March, Bitcoin (BTC) experienced a sharp correction and then entered a period of consolidation. With less than a month left before the Bitcoin halving takes place, many market participants are wondering whether the top is in or if there will be another leg up, and if so, when the next upward movement is likely to come.
KuCoin founders Chun Gan and Ke Tang remained at large according to DOJ officials, who unsealed an indictment against the exchange on March 26.
United States Justice Department officials unsealed an indictment against cryptocurrency exchange KuCoin and two of its founders for “conspiring to operate an unlicensed money transmitting business” and violations of the Bank Secrecy Act, or BSA.
In a March 26 announcement, the U.S. Department of Justice said KuCoin founders Chun Gan and Ke Tang had willfully failed to maintain an Anti-Money Laundering program at the exchange, leading to the platform being used for “money laundering and terrorist financing.
DOGE's bullish fractal also gains support from expectations of interest rate cuts, the upcoming Bitcoin halving, and Elon Musk's influence.
Dogecoin's (DOGE) ongoing price action mirrors 2020 fractals that saw its price explode by more than 15,800% to a record high of $0.76 in just six months.
The Dogecoin chart fractal below highlights the similarities between DOGE's ongoing price performance and those recording after the completion of the 2018-2020 bear market.
BTC price analysis warns that "downside is the path of least resistance" despite Bitcoin rebounding from its latest dip.
Bitcoin (BTC) swapped gains for consolidation at the March 26 Wall Street open as BTC price action gave bulls “mixed signals.”
Data from Cointelegraph Markets Pro and TradingView showed upside fading on the day, with BTC/USD dipping up to 3.2%.
Now circling the key $69,000 all-time high from 2021, Bitcoin appeared uncertain where to head next after snap gains over the prior 24 hours.
Marathon Digital explores the potential of “block art” by using its mining pool to craft the order of transactions in a block. A Bitcoin Core contributor has immortalized Marathon Digital’s logo into the data visualization of a Bitcoin block by using the mining firm’s template building tools.
X user Portland.HODL laid claim to the intriguing piece of “block art”, a custom graphic crafted by ordering transactions in a block that can be then seen on Bitcoin indexer website.
Hong Kong aims to enable in-kind creations and redemptions for spot Bitcoin ETFs in the second quarter.
Hong Kong’s financial regulators aim to offer in-kind creation models for spot Bitcoin exchange-traded funds (ETFs).
This could be a significant market opportunity, which could considerably increase assets under management (AUM) and trading volume for Bitcoin ETF issuers in the region, according to a research note by Bloomberg ETF analyst Rebecca Sin, shared in a March 26 X post by Eric Balchunas:
If history is any indication, the upcoming Bitcoin halving could significantly shake up the cryptocurrency market. But how should investors prepare for it? Bitcoin’s next halving is fast approaching, and investors are bracing themselves for the price volatility that has come to define the event. The last Bitcoin halving — where rewards for mining a block are sliced in half roughly every four years — saw Bitcoin’s (BTC) volatility index go beyond 9%.
Celsius boss Alex Mashinsky’s “less flashy” approach may see him escape with a lighter sentence than SBF: Inner City Press, X Hall of Flame.
According to Matthew Lee, the one-man band behind Inner City Press, the atmosphere in the courtroom for Celsius founder Alex Mashinsky’s case is kind of “meh” compared with FTX founder Sam Bankman-Frieds more dramatic trial. But Lee reckons that might work in Mashinskys favor, potentially leading to a lighter sentence.
The regulator ordered that Worldcoin cease collecting data from users in the country for 90 days citing a high risk to citizens’ data protection rights. The Portuguese data regulator — the National Data Protection Commission (CNPD) — issued a statement with the decision to temporarily limit Worldcoin’s collection of biometric data through its Orb devices within the country. According to the CNPD, the decision was made in an effort to protect the rights of its citizens, minors in particular.
The money will go towards building what 0G Labs calls the first modular AI chain.
Web3 modular infrastructure firm 0G Labs announced the successful completion of a $35 million pre-seed funding round on March 25. According to a press release from 0G Labs, the round received participation from more than 40 crypto-native institutions, including Hack VC and Stanford Builders Fund.
The funding will be used to build out 0G Labs’ vision of creating a full-stack blockchain-based solution for training, deploying, and running artificial intelligence models.
Credit Suisse-backed Taurus will provide the Turkish neobank Misyon with tools to enable digital asset custody and tokenization services.
Misyon Bank — an investment banking firm and one of the first neobanks in Turkey — is moving into digital asset custody and tokenization with Swiss cryptocurrency custody provider, Taurus.
The Turkish neobank signed a partnership agreement with Taurus to implement its technology in order to provide digital asset custody and tokenization services at Misyon Bank.
Curio said it will conduct a fund compensation program for affected liquidity providers, which could potentially take up to one year to complete.
Real-world asset (RWA) liquidity firm Curio suffered a smart contract exploit involving a critical vulnerability related to voting power privileges, allowing the attacker to steal $16 million in digital assets.
Curio alerted its community of the exploit and highlighted that they are addressing the situation. The company said that a MakerDAO-based smart contract used within Curio was breached.
Market dynamics introduced by Bitcoin ETFs' demand may play a role in making this halving unique. A slowdown in purchases of Bitcoin exchange-traded funds (ETFs) combined with a high volume of unrealized gains from traders could lead to bearish pressure on Bitcoin (BTC) price following the halving event.
According to Julio Moreno, head of Research at CryptoQuant, traders’ unrealized profits from Bitcoin’s recent rally are building up a selling pressure.
The funds haven’t moved since 2019 when the whale address received them.
The fifth-largest Bitcoin (BTC) holding address — also dubbed “37X” — has moved over $6 billion worth of BTC to three new addresses for the first time since 2019.
The Bitcoin whale transferred nearly its entire balance of 94,500 Bitcoin, worth $6.05 billion, on March 23, leaving only 1.4 BTC in the initial address, according to a March 25 X post by Arkham Intelligence.
Scammers falsely guaranteed 70% profits on an investment of 1 billion won within a month and stole 5.5 billion won over six different transactions.
South Korean police have caught a pair of fraudsters who stole $4.1 million (5.5 billion won) from a senior citizen with the promise of profitable crypto investments.
The Haeundae Police Station in Busan, South Korea, detained two individuals — in their 20s and 30s, respectively — for deceiving a senior citizen and stealing 5.
Don’t get tricked! Learn how to spot NFT swap order scams and keep your digital assets safe.
An NFT swap order is a transaction in which parties exchange nonfungible tokens (NFTs). A NFT is a distinct digital asset that can be verified using blockchain technology. Unlike cryptocurrencies such as Bitcoin (BTC) or Ether (ETH), which are interchangeable and have the same value, every NFT has unique qualities. NFTs can represent a wide range of digital content, including virtual real estate, music, films, artwork and more.
ARK Invest started dumping large amounts of Robinhood stock for the first time after aggressively buying HOOD shares last year.
ARK Invest, the investment management firm founded by veteran investor Cathie Wood, started dumping large amounts of stock of the cryptocurrency-friendly broker-dealer Robinhood (HOOD).
On March 25, ARK dumped 1.6 million Robinhood shares from its three funds, according to a trade notification seen by Cointelegraph. The amount is worth $31.
BTC price strength continues to enjoy a flash turnaround this week as analysis says Bitcoin ETF bid interest is "back"
Bitcoin (BTC) closed above $69,000 on March 25 as bulls reclaimed a key resistance zone.
Data from Cointelegraph Markets Pro and TradingView confirms that BTC/USD scored its highest daily close in ten days.
An uptick during the first Wall Street trading session offered a change of tone for BTC price strength, which gained up to $4,600 on the day.
The decentralized Cosmos exchange Osmosis has been listed as the most actively developed DeFi project in the last month. Osmosis, a decentralized exchange built on Cosmos, has surged to become the most actively developed decentralized finance (DeFi) project in the last month, according to data shared by crypto intelligence platform Santiment. In a March 25 post to X, Santiment wrote that Osmosis had seen over 169 commits on GitHub in the last 30 days.
BTC prices have rebounded to reclaim $71,000 in late trading on March 25. Bitcoin’s pre-halving retrace may already be over following one of the largest accumulation days in years, which saw Bitcoin reclaiming the $71,000 price level.
On March 25, blockchain analytics firm Santiment reported that Bitcoin just “caught traders off guard” with a rebound as “key stakeholders” had a huge accumulation day over the weekend. Wallets, which it terms ‘sharks’ and ‘whales’ holding between 10 and 10,000 coins, accumulated 51,959 BTC on March 24 worth around $3.
The Pokemon-esque crypto game was once mocked for raising $70 million only to produce pixelated monstrosities, but its CEO Giulio Xiloyannis says it is priming for a comeback. Crypto project Pixelmon, once dubbed the “worst NFT project ever,” — is turning to fractionalized nonfungible tokens (NFTs) to make its return from the dead. First launched in February 2021, the Pixelmon project became an instant sensation for all the wrong reasons, explained the project’s now-CEO Giulio Xiloyannis in an interview with Cointelegraph.
Important details concerning the creation and redemption procedures, cash and in-kind models, asset protection, loss prevention and custody “were figured out” in the spot Bitcoin ETF applications, the Grayscale executive explained.
Grayscale is confident that spot Ether (ETH) exchange-traded funds will be approved in May despite recent “chatter” about the U.S. securities regulator’s “lack of engagement” with applicants.
“I don’t think perceived lack of engagement from regulators should be indicative of one outcome or another [.
Having shown the application of its connector in complex use cases, SWIFT will continue to increase the connector’s functions.
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging network has released the results of the second phase of sandbox testing for its central bank digital currency (CBDC) interlinking solution, which it calls a connector. The project looked at four use cases, not all of which involved CBDC, according to the report it released on the test results.
Solana flipped Ethereum in weekly stablecoin transfer volume as investors chase after yield, airdrops and high returns from the memecoin frenzy. Solana has flipped Ethereum to become the number one blockchain in weekly stablecoin transfer volume. Data from blockchain analytics platform Artemis reveals that Solana’s weekly transfer volume for stablecoins reached $364.7 billion, overtaking the Ethereum network, which reported $152.99 billion. Other top chains like Tron and BNB Chain saw volumes of $101.