Author: John Smith
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The digital ecosystem has long been dominated by legacy platforms like TikTok, YouTube, Facebook, and Instagram. But as these platforms wield increasing power over user content, data, and monetization, consumers are beginning to push back. A turning point came with the TikTok shutdown, which, whether temporary or strategic, sent a chilling reminder of the precariousness of centralized platforms. The message was clear: users, creators, and brands alike want more than innovation—they demand ownership, transparency, and equity. The…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin strives to climb back up, XYZVerse emerges as a high-growth contender, blending sports fandom with crypto for massive potential gains. Bitcoin has dropped below 90k but investors anticipate price surges due to scarcity. Meanwhile, focus is shifting to an alternative cryptocurrency that might experience even greater gains soon. This emerging asset could outperform Bitcoin and deliver unprecedented returns. Discover how this digital currency could become the next major player in the market. XYZ aims for 99,900% growth…
On Feb. 21, 2025, around $1.5 billion in ETH was stolen from the Bybit exchange. The Elliptic analytics say the funds were probably stolen by the infamous Lazarus Group. The tokens were likely sent to crypto mixers for laundering. Thieves who stole crypto from Infini the following day were using a mixer service, too. What does the future hold for crypto mixers in the pro-crypto countries? Crypto mixers were used by thieves after two recent major crypto hacks According to a report by Elliptic, the Bybit hack is the largest heist of all time, not only the biggest crypto exchange…
Ethena’s price is showcasing remarkable resilience amid the wider crypto market bloodbath, with most altcoins posting losses in the 8 – 20% range in the last 24 hours. Currently trading at $0.40, Ethena (ENA) price has declined by only 3% on the daily timeframe, with trading volume up by 108%. The key factor behind Ethena’s price resilience may be the project’s recent successful fundraising effort, which secured $100 million for the launch of iUSDe, Ethena’s new institutional-focused dollar-pegged token. This fundraising round was completed in Dec., but hadn’t previously been disclosed, according to Bloomberg. It attracted several major investors, including…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As major cryptos face pressure, Codename:Pepe emerges as a bold contender, blending AI-driven insights with meme culture to shake up the market. Today’s crypto scene sees major shifts. Key players like Solana are facing downturns, while XRP is under pressure. The situation gets more intense with the Bybit hack shaking confidence among investors. Amid this chaos, an unexpected contender is rising quickly. A new project, known by its cryptic moniker Codename:Pepe, is capturing attention with its promising presale reaching…
CoW Protocol’s native token has soared 46% after South Korean exchange Upbit announced it will be listing the token on its platform on Feb. 25. According to a recent notice, Upbit will be listing COW (COW), the CoW Protocol native token starting from Feb. 25 at approximately 20:30 KST. The Ethereum (ETH)-based token will be available for trading on the Korean won, Bitcoin (BTC) and Tether (USDT) markets. Users can begin depositing COW on Upbit at 19:30 KST. Shortly after Upbit announced it will be listing COW, the token saw a major leap in price. COW soared as high as…
Stability is a key factor on which global financial institutions operate, and the Bank for International Settlements (BIS) is made for exactly that purpose. However, not many people know about this powerful organization and its role in the global finance world. In this article, we’ll discuss what is the Bank for International Settlements, who owns the Bank of International Settlements, and its purpose in the cryptocurrency world. What is the Bank for International Settlements? The Bank for International Settlements (BIS) is an international financial institution owned by central banks which “fosters international monetary and financial cooperation and serves as a…
Dubai’s regulator is planning to introduce new rules requiring crypto business to disclose names of large holders. Crypto investors holding large sums in Dubai could soon have their identities revealed to authorities as part of a new push to protect consumers in the city’s growing virtual asset market. The Virtual Assets Regulatory Authority plans to require licensed crypto issuers and service providers to disclose the names of major crypto holders, or “whales,” especially if most tokens are owned by a creator or institution. VARA’s boss Matthew White explained in an interview with The Standard that the move could help investors…
The crypto market has lost over $325 billion since Friday, with almost half of that wiped out in the last 24 hours. According to The Kobeissi Letter, the crypto market cap has shed over $325 billion since Friday. Within the last 24 hours alone, approximately $150 billion has been liquidated, with $100 billion erased in just one hour today. The sell-off has affected nearly all crypto assets, including memecoins. Analysts at The Kobeissi Letter trace the beginning of the downturn to Solana (SOL), which has crashed 22% since Friday as the memecoin frenzy cooled off. Source: The Kobeissi Letter Then,…
Bithumb, one of South Korea’s leading crypto exchanges, is set to add Ethena to its Korean Won market today. According to Bithumb’s official announcement, trading for Ethena (ENA) will begin at 6:00 PM KST on Tuesday, Feb. 25, 2025. Deposits and withdrawals will open within three hours of the notice, but only on the Ethereum network. Ethena will have an initial price of 536 krw, and traders must wait for 33 deposit confirmations before transactions can be processed. Bithumb has also put some temporary restrictions in place for the launch. Buyers won’t be able to place orders in the first…