Market
Hacks
FBI confirms North Korea-backed Lazarus hackers stole $1.5 billion from Bybit
FBI tracks Ethereum laundering spree by North Korean hackers amid rising threat of cyber warfare in the crypto world.
Legal
Gemini’s Winklevoss demands triple legal costs from SEC after dropped investigation
SEC's pattern of retracted cases draws criticism for halting industry's creative momentum.
Bitcoin
BlackRock’s iShares Bitcoin Trust sees record single-day outflow of $418 million amid sector sell-off
Weekly Bitcoin ETF outflows near $3 billion amid heightened market caution.
Bitcoin
Bitcoin price dip sees short-term holders exiting with $1.7 billion in realized losses
Bitcoin's SOPR falls below 1 as short-term traders shift $7 billion BTC to exchanges at a loss.
Exchanges
Binance denies claims of dumping Ethereum and Solana
Binance emphasized its neutral role in facilitating trades rather than participating in large-scale token sales.
Stablecoins
US financial giants Bank of America look to enter stablecoin market as PayPal advances PYUSD
Bank of America considers launching its stablecoin if legalized, while PayPal deepens PYUSD integration for global transactions.
Technology
Ethereum considers Poseidon hash to boost zero-knowledge proof efficiency
Poseidon promises reduced computational costs for Ethereum's rollups but faces skepticism over performance.
Crypto
Ethereum Foundation backs Tornado Cash developer with $1.25 million legal aid
Vitalik Buterin and the crypto community rally behind Alexey Pertsev, to emphasize the importance of open-source code protection.
Technology
XRP Ledger plans big upgrades to facilitate institutional DeFi
XRPL's tokenization tools empower banks to trade real-world assets and utilize stablecoins within secure, decentralized financial markets.
Crypto
Could shifting GameStop’s $5 billion cash reserve to Bitcoin ignite the MOASS?
Strive advocates for Bitcoin as GameStop’s treasury centerpiece, cautioning against diversifying into altcoins amid prior NFT setbacks.
Bitcoin
Bitcoin ETFs see record $937 million outflow amid 6-day negative flow streak
The Bitcoin ETFs are on a six-day outflow streak that has led to the withdrawal of more than $2 billion from these funds.
Layer-2
Telegram game Hamster Kombat expands with Layer-2 blockchain and HamsterVerse
Telegram's vast reach amplifies Hamster Network's Layer-2 launch, integrating Web3 technology into nearly a billion devices.