Bybit Hackers Resume Laundering, Moving 62,200 ETH Amid US Crackdown
Lazarus Group Accelerates Fund Transfers Following Bybit Hack Hackers responsible for the $1.4 billion Bybit exploit have resumed laundering operations, moving another 62,200 Ether (ETH) on 1 March. The transfer, valued at approximately $138 million, brings the total amount moved to 343,000 ETH, leaving 156,500 ETH still to be laundered,
Bitcoin Faces Potential Correction to $72K as Investor Sentiment Plummets
Market Weakness Signals Possible Retracement Bitcoin may see a brief pullback to the $72,000 support level as investor sentiment weakens, limiting the chances of an immediate market recovery. The drop in confidence has reached levels last seen in 2022, raising concerns over further downside movement. The leading cryptocurrency hit a
Ondo Becomes First RWA Provider on Mastercard’s Multi-Token Network
Ondo Finance Brings Tokenised Treasuries to Mastercard’s Blockchain Network Ondo Finance has announced that it will be the first provider to bring real-world assets (RWAs) to Mastercard’s Multi-Token Network (MTN). The partnership, revealed on Wednesday (26 February), will see Ondo’s short-term U.S. government treasury fund (OUSG) become the first tokenised
Solana TVL Drops 40% as SOL Price Faces Further Decline to $110
Solana’s native cryptocurrency, SOL, has witnessed a significant downturn over the past month, dropping 41% amid declining memecoin activity and a sharp decrease in its total value locked (TVL). The technical outlook suggests further potential losses, with SOL price at risk of falling to $110. Solana’s TVL Plummets by $5
Ethereum Foundation Donates $1.25 Million to Tornado Cash Developer’s Legal Defence
The Ethereum Foundation (EF) has pledged $1.25 million to support Tornado Cash developer Alexey Pertsev as he prepares to appeal his money laundering conviction in the Netherlands. Foundation Stands by Privacy Rights Announcing the donation on social media platform X on 26 February, the EF reaffirmed its stance on digital
XRP Surges 7% Amid Market Recovery and Ledger Upgrade Proposal
XRP Rebounds After Market Crash XRP has experienced a strong rebound, gaining 7% in the last 24 hours to trade at $2.30 on February 26. The cryptocurrency has recovered 12% from its 24-hour low of $2.06 as the overall market sentiment improves. The surge in XRP’s price comes amid renewed
Solana Sees 40% Decline in User Activity as Memecoin Rug Pulls Erode Trust
Memecoin Scams Drive Capital Outflows to Ethereum and Arbitrum Solana has witnessed a sharp decline in user activity, with a 40% drop in active addresses as investor confidence erodes due to rug pulls and insider schemes within the memecoin sector. Capital is flowing out of Solana and into rival blockchains
AI Agents Reshape Web3: Octavia Leads the Charge
Revolutionizing Automation and Community Management in the Decentralized Era The AI revolution is accelerating in Web3, and at the forefront of this movement is Octavia—one of the most advanced AI Agents redefining automation, scalability, and community engagement. With AI-driven projects gaining momentum, Web3 is witnessing a new wave of intelligent
Crypto Firms Unite Behind Ted Cruz to Block DeFi Broker Rule
Industry Leaders Urge Congress to Repeal IRS Regulation The Blockchain Association, representing 76 cryptocurrency firms, has urged US lawmakers to repeal the Internal Revenue Service’s (IRS) decentralized finance (DeFi) broker rule. The group argues that the rule poses a significant threat to crypto innovation in the United States and places
Bitcoin’s Price Movements Spark Manipulation Concerns
Bitcoin’s price action has raised concerns about possible market manipulation as the cryptocurrency continues to trade within a narrow range despite substantial institutional inflows. The leading digital asset, currently valued at $96,199, has been range-bound for over two months, fluctuating between the $92,400 support and $106,500 resistance since 18 December
