Bybit CEO Ben Zhou has doubled down on his stance against Pi Network, calling it a scam and confirming that his exchange will not list its token. As Pi Network remains embroiled in controversy over its practices, tensions between Zhou and the project continue to intensify. He has repeatedly challenged its legitimacy and has refused […]
[PRESS RELEASE – Panama City, Panama, February 20th, 2025] REDLINE LAB, a leading Web3 and blockchain-focused technology firm, announces its pre-seed investment in Dojo Coding, Latin America’s premier Web3 developer training and incubation platform. This strategic investment will support Dojo Coding’s mission to bridge the global Web3 talent gap by transforming Latin American developers into […]
Around 16,500 Bitcoin options contracts will expire on Friday, Feb. 21, and they have a notional value of roughly $1.6 billion. This week’s expiry event is smaller than last week’s and one of the tiniest of the year, which means there will be virtually no impact on spot markets, which have been range-bound for most […]
The U.S. Securities and Exchange Commission (SEC) has willingly withdrawn its appeal of a ruling that blocked its attempt to expand securities laws to cover decentralized finance (DeFi). This development means the DeFi space might no longer be subjected to securities laws. A Complete Victory for DeFi In a February 19 motion filed with the […]
Metaplanet has announced that its total Bitcoin holdings have reached 2,100 BTC, now worth $196 million. The firm revealed it recently bought an additional 68.59 BTC for $6.6 million at an average price of $96,335. 0.01% of Total Bitcoin Supply In a February 20 X post, the company highlighted that its BTC reserves now make […]
As highly speculative meme coins continue their inevitable plunge, crypto executives and analysts have been throwing their thoughts into the arena, and they are not very complimentary. “Some meme coins have clearly gone too far lately, to the extent people are insider trading,” said Coinbase CEO Brian Armstrong, before adding, “This is illegal, and people […]
There were 1,573 institutions with long exposure to Bitcoin as of the end of 2024, according to findings from Bitcoin analyst and educator Sam Callahan. The researcher took a deep dive into US Securities and Exchange Commission 13F filings, which are forms that large investment firms submit quarterly to disclose their holdings of stocks and […]
The leading cryptocurrency market maker, Wintermute, has revealed plans to expand its business to the United States amid the emergence of a more favorable environment for digital assets in the country. Wintermute’s CEO Evgeny Gaevoy disclosed the company’s plans in an interview with Bloomberg at the ongoing Consensus crypto conference in Hong Kong. Gaevoy said […]
Ethereum Layer 2 platform, Abstract, has released an initial post-mortem on a security incident that resulted in the compromise of approximately $400,000 worth of ETH across 9,000 wallets interacting with Cardex, a blockchain-based game on its network. The report clarified that the breach stemmed from vulnerabilities in Cardex’s frontend code rather than an issue with […]
The Solana blockchain has come under fire, with critics calling it a breeding ground for speculative assets. However, Helius Labs CEO Mert Mumtaz argues that the chain is being unfairly blamed for trends that exist across all networks. The Meme Coin Scourge Solana’s recent surge in activity has been largely fueled by meme coins, including […]