Stablecoins
Adoption
CME Group set to launch Solana futures on March 17, strengthening ETF prospects
The chances of a Solana ETF approval in 2025 are 70%, according to analysts.
Hacks
Thorchain faces developer exodus amid North Korean money laundering scandal
A core contributor known as TCB warned that Thorchain could face a crisis if the network is framed as a money laundering facilitator.
Banking
Revolut faces investor pressure for share sale before $1B profit report
Revolut's profits are up roughly 83% in 2024, according to sources familiar with the matter.
Analysis
Bitcoin’s next breakout movement could take 4 more months
Bitcoin might need one more month before showing any concrete data, analysts weigh in.
Legal
SEC agrees to dismiss enforcement case against Consensys
The decision comes amid a broad stance shift in the regulator, with multiple enforcement cases dismissed in the past week.
Analysis
Bitcoin falls to $83K, facing increased downside pressure in ‘air gap’ zone
As investors take a risk-off stance while Bitcoin is in a critical zone, potential for further downside mounts.
Adoption
Hedge funds and RIAs boost Bitcoin exposure to $34.3B, up 357% in 2024
Despite the increase, Bitcoin at less than 1% of its $225 trillion addressable market.
Legal
Gotbit founder extradited to US to face market manipulation and fraud charges
Aleksei Andriunin was allegedly part of a wash trading scheme to facilitate token listing in major exchanges.
Exchanges
Bybit exploit tied to Safe developer machine vulnerability
SlowMist founder Yu Xian said anyone using Safe’s multi-signature services may be exploited in theory.
Regulation
Crypto transfers are reportedly suffering restrictions in Europe
According to reports, multiple crypto platforms in Europe are requiring intense identification measures to send and receive crypto.
Hacks
Bybit unveils bounty platform to tackle crypto crime following massive Lazarus hack
The effort comes amid hackers laundering over $250 million out of the $1.4 billion stolen from the exchange on Feb. 21.
Legal
SEC drops investigation into Uniswap Labs causing UNI to surge 5%
Hayden Adams, founder of Uniswap, considered the legal victory as a win for DeFi as a whole.
