Ethereum prices displayed resilience over the weekend, rapidly bouncing back from a slump following the massive hack of the Bybit crypto exchange. The asset slumped 7% in a matter of hours on Feb. 21, falling from $2,832 to $2,629 in the wake of the $1.4 billion Bybit hack of Ethereum assets. However, ETH tapped $2,800
Circle has minted another 250 million USDC on Solana, pushing its 2025 total issuance to 8 billion USDC as demand for regulated stablecoins grows. The latest 250 million USDC mint was reported by on-chain analytics firm Spot On Chain in a Feb. 24 tweet. Spot On Chain also revealed that that Circle had added 1
Key Takeaways Binance.US has resumed USD deposits and withdrawals on February 19, 2025, after a two-year suspension. The platform now offers 10 USD trading pairs and features like zero-fee bank transfers and automated purchase options. Share this article Binance.US has resumed USD deposits and withdrawals on February 19, 2025, following a two-year suspension of these
[PRESS RELEASE – Seoul, South Korea, February 24th, 2025] MARBLEX, the web3 gaming ecosystem powered by global gaming giant Netmarble, and Dracoon Ventures, a web3 game-specialized VC, are officially opening applications for MBX/HACK the FUN. This hybrid program combines a hackathon with an acceleration initiative, designed to help web3 game developers build, refine, and successfully
Bybit exchange has reportedly purchased 266,700 ETH worth $742 million across two days, according to blockchain analytics firm Lookonchain. The transactions occurred in the days following Bybit’s $1.4 billion hack, which has taken the industry by surprise. A wallet linked to Bybit, identified as “0x2E45…1b77,” purchased 157,660 Ethereum (ETH)—worth approximately $437 million—from cryptocurrency investment firms
Key Takeaways Taurus and Aztec unveiled an open-source confidential token standard for the tokenization of debt and equity. The private CMTAT security token standard uses zero-knowledge proofs to preserve customer privacy on blockchains. Share this article Taurus SA, a digital asset infrastructure backed by major financial entities like Deutsche Bank, Credit Suisse, and StateStreet, has
Rosseti Group, Russia’s power grid company, reported losses exceeding 1.3 billion rubles – which is worth around $14.2 million – in 2024 due to unauthorized cryptocurrency mining operations, also known as “black” mining firms. As per a report by state-owned news agency TASS, damages were widespread across the company’s electrical networks. Illegal Mining Strains Russia’s
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance is gaining momentum as the next crypto to surge after Binance Coin and Solana. Rising in value, Binance Coin (BNB) and Solana (SOL) have produced millionaires in the cryptocurrency market. Now, a
Key Takeaways The SEC is examining crypto staking activities and plans to issue new guidance. The SEC’s increased interest in crypto staking includes engaging with the industry through webinars. Share this article The US SEC is sharpening its focus on crypto staking and may issue new guidance on the practice, FOX Business journalist Eleanor Terrett
Tether co-founder Reeve Collins is launching a decentralized stablecoin that will compete with USDT in an increasingly crowded space that is still dominated by two players. The project will debut a stablecoin called USP on Ethereum and Solana blockchains in the second half of 2025, according to Bloomberg. Pi will use smart contracts to mint