Blast Unleashes Ethereum L2 Mainnet, Unlocking $2.3B in Staked Crypto: Initial Withdrawals Reach $400M
crypto-economy.com

TL;DR Blast is an Ethereum layer-2 network that offers up to 5% yield on ETH and stablecoins, and uses optimistic rollups to scale transactions. Blast launched its mainnet on Feb. 29, unlocking $2.3 billion in staked crypto, but faced criticism from Paradigm’s research head for delaying withdrawals and hyping the project. Blast’s TVL dropped by […]

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Gemini's $1.1 Billion Refund: Restoring Trust Among <b>Cryptocurrency</b> Customers. – Medium
www.google.com

Gemini Trust, a prominent cryptocurrency exchange established by Cameron and Tyler Winklevoss, has agreed to refund a staggering $1.1 billion to …

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Bitcoin Price Turns Attractive On Dips, 100 SMA Is The Key
www.newsbtc.com

Bitcoin price is correcting gains from the $64,000 resistance. BTC might find strong support near the $59,250 level or the 100 hourly SMA. Bitcoin price is correcting gains below the $62,250 resistance zone. The price is trading above $60,000 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend […]

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Ethereum Surges To $3,483 Amidst Whales’ Profitable Moves
nulltx.com

Ethereum’s recent ascent to $3,483 marks a significant milestone, bringing it within 39.5% of its all-time high of $4,859 recorded on November 10, 2021. Today, the cryptocurrency registered a gain of over 4%, reflecting the bullish sentiment surrounding the digital asset. #Bitcoin has now climbed as high as $64.1K before a mid-sized retracement down to […]

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Terraform Labs Founder Do Kwon Faces Extradition Delay in Montenegro Amid SEC Fraud Allegations
news.bitcoin.com

Do Kwon, the embattled former CEO of Terraform Labs, is currently stranded in Montenegro due to extradition delays, following accusations by the U.S. Securities and Exchange Commission (SEC) of conducting a massive fraudulent crypto scheme. Last year, the SEC charged that from April 2018 to May 2022, Terraform and Kwon’s operations resulted in at least […]

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Analyst Says Ethereum Rival Could Skyrocket by Over 130%, Updates Outlook on Dogecoin and Solana
dailyhodl.com

A widely followed cryptocurrency analyst and trader is forecasting the path forward for three crypto assets. Starting with the Ethereum (ETH) competitor Avalanche (AVAX), the analyst pseudonymously known as Kaleo tells his 622,700 followers on the social media platform X that the native token of the layer-1 blockchain could go up by approximately 134% from […]

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We Asked ChatGPT if Pepe Coin (PEPE) Could Flip Shiba Inu (SHIB) in 2024
cryptopotato.com

TL;DR Pepe Coin (PEPE) has experienced rapid growth, becoming a top performer in the meme coin market and challenging its competitors with a significant increase in value. Surpassing Shiba Inu’s market cap could be possible for PEPE with strategies like expanding its community, securing partnerships, and capitalizing on market trends. PEPE’s Chances Pepe Coin (PEPE) […]

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1.2 Billion DOGE Shoveled to Binance and Robinhood – Sell-Off Coming?
u.today

Staggering amount of DOGE meme coins transferred to Binance as price staged massive increase

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Anduro: A Network of Sidechains
bitcoinmagazine.com

Marathon yesterday announced their Anduro layer two proposal. While there aren’t really any fundamentally new pieces or developments in the Anduro design, they do compose in slightly different ways compared to other existing sidechain systems such as RSK or Liquid/Elements. Anduro is a federated model that makes use of a quorum, referred to as the […]

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Analyst Sheds Light: Are Retail Investors Returning to the Game?
cryptonews.com.au

Retail investors are still wary of the crypto industry despite Bitcoin’s return to relevance. Institutional players are largely behind the current market rally, as ETF inflows break records. Several key social metrics are lagging behind 2021 highs, including YouTube views and Google Trends. Some analysts believe the money locked up in crypto ETFs means that […]

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U.S. Financial Giants Embrace Spot Bitcoin ETFs, as Brazil Welcomes IBIT
cryptonews.com.au

Spot Bitcoin ETFs are seeing significant inflows, with Bitcoin price reaching new highs in several countries. The brokerage divisions of Bank of America Corp. (specifically its Merrill subsidiary) and Wells Fargo & Co. are now providing their clients with access to Bitcoin ETFs. In Brazil, BlackRock’s iShares Bitcoin Trust ETF is set to launch, marking […]

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Bitcoin ETF Boom Is the <b>Cryptocurrency's</b> 'IPO Moment': Fund Provider – Markets Insider
www.google.com

The bitcoin ETF boom is the cryptocurrency's "IPO moment," Bitwise CIO Matt Hougan said. "It's in a new era of price discovery, and I think prices …

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Ethereum Price Uptrend To Continue? These Could Be The Factors To Watch
www.newsbtc.com

Ethereum price climbed to a new multi-month high above $3,500. ETH is correcting gains like Bitcoin and might find strong bids near the $3,250 zone. Ethereum extended its increase above the $3,500 resistance zone. The price is trading above $3,300 and the 100-hourly Simple Moving Average. There is a major bullish trend line forming with […]

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US Government Transfers $1 Billion Worth of Bitcoin: Massive Dump Incoming?
crypto-economy.com

TL;DR The recent transfer of nearly $1 billion in Bitcoin confiscated by the United States government from the Bitfinex hacking case has caught the attention of the crypto world. Controversy over cryptocurrency mixers. The government is considering implementing stricter regulations. Ilya Lichtenstein, one of the hackers involved in the Bitfinex case, is cooperating as a […]

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Marathon Digital Holdings Unveils Anduro, a New Multi-Chain Layer-Two Network on Bitcoin
crypto-economy.com

TL;DR Marathon Digital Holdings has launched Anduro, a new multi-chain layer-two network on Bitcoin, aimed at enhancing functionality and promoting wider adoption. Anduro is designed to function as an application layer, reinforcing the fundamental incentives of Bitcoin’s Proof-of-Work. It enables the establishment of multiple sidechains, fostering innovation within the Bitcoin ecosystem. Marathon is developing the […]

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Coin-for-Coin Payback — Gemini Announces Full Recovery of Crypto Assets for Earn Users After Genesis Settlement
news.bitcoin.com

Gemini has reached a settlement with Genesis and other creditors within the Genesis bankruptcy proceedings, promising a full in-kind return of digital assets to Earn program users. This resolution, pending bankruptcy court approval, signifies a major victory for users, with over $1.8 billion in assets set to be returned. Potential Full Crypto Asset Recovery for […]

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Sam Bankman-Fried’s Lawyers Push for Maximum 78-Month Sentence, Say Recommended 100 Years Is ‘Grotesque’
dailyhodl.com

Sam Bankman-Fried’s legal team is seeking a lighter-than-recommended sentence for the convicted founder of the bankrupt crypto exchange platform FTX. In a new court filing, Bankman-Fried’s lawyers say they disagree with the Presentence Investigation Report (PSR) recommendation that the former executive should be sentenced to 100 years behind bars. The PSR – which is prepared […]

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CNBC’s Brian Kelly Issues Imminent Bitcoin Price Warning, Says Two Altcoins May Benefit From BTC Reversal
dailyhodl.com

Investor Brian Kelly warns Bitcoin (BTC) may soon suffer a significant market correction after soaring into the $60,000 range. In a new interview on CNBC’s Fast Money, the founder and CEO of digital asset investment firm BKCM says Bitcoin could decline to around $43,000, a 30% drop from its current value. “This is an asset that […]

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Bonk Price Surges By 55% In 24 Hours, Exceeding $0.00002431
nulltx.com

The price of Bonk has experienced a remarkable surge, increasing by 55% within a 24-hour period, reaching a notable value of $0.00002431 at press time. This surge in price coincides with a significant uptick in trade volume, which soared to $985 million over the same 24-hour period, marking an impressive 83% increase in trading activity. […]

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Marathon Digital Posts Impressive Q4 Results: Revenue Up 452%
www.financemagnates.com

Marathon Digital Holdings has released its financial results for the fourth quarter and fiscal year 2023, highlighting impressive performance in revenue, net income, and BTC production. During the fourth quarter of 2023, Marathon Digital reported an increase of 452% in revenue compared to the same period in 2022. The company sold 56% of the Bitcoins […]

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Crucial Bitcoin Message Sent by Michael Saylor to Community As BTC Tops $61,000
u.today

Vocal Bitcoin evangelist has made an important Bitcoin call on the global cryptocurrency community

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EIA Emergency Survey Preliminary Injuction Hearing Canceled Yesterday
bitcoinmagazine.com

Yesterday we were supposed to have a hearing on the preliminary injunction in the Texas Blockchain Council v. Department of Energy case. But, as often happens in litigation, things change quickly. Tuesday the judge entered an order canceling today’s hearing based on the parties reaching an “agreement-in-principle” on the overall dispute. This agreement must be […]

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Seneca Recovers 80% of Funds After $6.4M Exploit
cryptopotato.com

The Seneca Protocol hacker has given back $5.3 million worth of Ether tokens after draining $6.4 million on Ethereum and Arbitrum networks. Initial investigations suggested that an approval mechanism bug in the protocol’s smart contract was exploited. The stablecoin protocol had recently confirmed roping in with law enforcement but offered leniency, stating the team wouldn’t […]

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Mayor Adams <b>Cryptocurrency</b> Holdings Update: HODL Pays Off – Hell Gate
www.google.com

When Mayor Eric Adams announced that he'd take his first three paychecks in cryptocurrency—around $30,000 split evenly between Bitcoin and Etherum— …

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ADA Price Prediction – Here’s Why Cardano Surge Is Far From Over
www.newsbtc.com

Cardano (ADA) is gaining pace above the $0.635 resistance zone. ADA is consolidating gains and might aim for more upsides above the $0.70 resistance. ADA price is holding gains and facing resistance near the $0.70 zone. The price is trading above $0.640 and the 100 simple moving average (4 hours). There is a key bullish […]

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Taki Games and NFT Studio Two3 Labs Launch ‘Puzzle Smoofs’ Game To Drive Mainstream Adoption of Web 3.0
dailyhodl.com

February 29, 2024 – Singapore, Singapore Taki Games, the leading social gaming network that allows users to earn real money rewards, is teaming up with the cross-chain Web 3.0 entertainment studio Two3 Labs to create and launch a highly-addictive mobile game that utilizes the popular Smoofs NFT collection. While the ‘Puzzle Smoofs’ game is currently […]

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$673,400,000 of Inflows Pour Into Bitcoin ETFs in a Single Day As Financial Titan BlackRock Leads the Pack
dailyhodl.com

New data reveals that spot market Bitcoin (BTC) exchange-traded fund (ETF) inflows have reached a new all-time high as the crypto king pushes near the $64,000 price tag for the first time in years. According to the analytics arm of crypto exchange BitMEX, driven by asset management titan BlackRock, Bitcoin ETFs saw over $673 million […]

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Bitcoin ATH & Are AI Coins About to Surge?
cryptonews.com.au

BTC to all time highs in Australia Ahh what a time to be alive! It feels like yesterday that Bitcoin was consolidating around the US$30k mark (to be fair, it wasn’t that long ago!). And further to that, we experienced a fairly average last month or so after the ETF approval, which we did predict […]

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Solana, Bonk, WIF Make Record Gains, Lead Rally As Major Coins Stall
cryptonews.com.au

Solana has quietly amassed nearly 8% growth in just 24 hours. Beyond the top ten cryptos, meme coins are making a surprising comeback. Solana-based Bonk and DogWifHat showing remarkable gains, highlighting the unpredictable yet lucrative nature of niche crypto assets. You would be forgiven if you didn’t pay much attention to Solana and meme coins […]

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BitTorrent Chain Spotlighted in Reports by CoinMarketCap and Reflexivity Research
news.bitcoin.com

PRESS RELEASE. Singapore / February 29th, 2024 / – BitTorrent Chain (BTTC), a pioneering force in blockchain interoperability and scalability, has been featured in recent reports by CoinMarketCap (CMC) and Reflexivity Research, highlighting its growing influence in the blockchain sector. CoinMarketCap’s report offers a deep dive into the cross-chain interoperability sector, where BTTC stands out […]

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Spot Bitcoin ETFs Soar to Record Highs, Surpassing $680M as Bull Run Intensifies
crypto-economy.com

TL;DR Bitcoin ETFs in the US reach record: $680 million in inflows. Intense competition: iShares leads, while Grayscale posts notable exits. Global Impact: ETF Approval in US Drives Interest in BTC in Australia. The Bitcoin ETF market in the United States has reached a new milestone with record inflows, highlighting a significant increase in BTC […]

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Shido Token Disaster: Ethereum Staking Contract Breach Leads to 94% Plummet
crypto-economy.com

TL;DR An exploit triggered a 94% collapse in the Shido token. According to PeckShield, the attacker was able to withdraw over 4.3 billion tokens, nearly half of the total circulating token supply. The vulnerability of Shido’s Ethereum staking contract raises serious concerns about security. The recent collapse of the Shido token has shaken the industry, […]

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