Author: John Smith

Steven Pu, co-founder of layer-1 blockchain Taraxa, released a report on Feb. 24 highlighting a significant gap between claimed and actual blockchain performance. Analyzing 22 networks using data from Chainspect, the study found that theoretical transactions per second (TPS) are overstated by an average of 20 times compared to real-world results. According to the findings, this discrepancy stems from lab-based metrics that fail to hold up on live mainnets. The report introduces a new metric: TPS per dollar spent on a validator node (TPS/$), aiming to measure cost-efficiency rather than just raw speed. Across the 22 chains, theoretical TPS averaged…

The largest financial hack in history could provide a silver lining for Ethereum’s price as Bybit announced a full recovery, Bitfinex analysts wrote. Hackers, believed to be the notorious North Korean group Lazarus, stole nearly $1.5 billion in Ethereum (ETH) and Ether derivatives from crypto exchange Bybit last week.  Ethereum’s price, which had shown tepid action before the hack, weakened further due to the Bybit breach and subsequent market volatility. Discussions about the hack’s impact flooded social platforms, but Bitfinex analysts believe Ether’s price could benefit from the incident. “If Bybit needs to replenish customer funds, they may be forced…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin’s price stalls, investors are shifting focus to RCO Finance, an AI-driven altcoin poised for growth. As the Bitcoin (BTC) price hovers in suspended animation, the crypto world holds its breath, waiting for the next seismic shift. The king of cryptos has been in a consolidation phase, trading between $94,000 and $99,000 for the past two weeks. This period of relative calm in the Bitcoin price has created an unexpected opportunity for a rising star in the crypto…

Meme coins are facing a steep sell-off across the board as Bitcoin remains stable.Meme coins have taken a sharp hit in the past 24 hours, with Dogwifhat (WIF), Ai16z (AI16Z), and Bonk (BONK) leading the declines among the sector’s largest tokens, according to Coinmarketcap. However, Bitcoin (BTC) holds steady, down by just 0.63% and 0.93% on the daily and weekly timeframes respectively. This divergence highlights a common trend: Speculative assets like meme coins thrive on momentum and hype. When BTC is stable, trading volume and liquidity in meme coins often dry up, leading to price declines. Ai16z The Ai16z’s daily…

Changpeng Zhao, better known in the crypto industry as CZ, is joining artificial intelligence startup Vana as an advisor. YZi Labs, the venture capital firm recently rebranded from Binance Labs, announced the strategic investment and CZ advisor on Feb. 24.  “We’re thrilled to announce YZi Labs’ strategic investment in Vana and to welcome CZ as an advisor as we advance the Data Layer for AI alongside our expanding DataDAO ecosystem,” Vana posted on X. The move is part of YZi Labs’ investment in Vana, the first the CZ-led firm is taking in an AI protocol since the rebranding early this…

XRP retreated on Monday, reaching a crucial support level and signaling the potential for further declines in the coming days. Ripple (XRP) dropped to $2.40, down nearly 30% from its highest level this year, officially placing it in a bear market. The sell-off has coincided with broader weakness in the crypto market, as Bitcoin (BTC) remained below $100,000. The crypto fear and greed index has fallen to the fear zone at 38, while the altcoin season index has also declined. Technicals suggest that XRP price may crash further XRP faces the risk of additional losses in the near term. The…

DekaBank has launched cryptocurrency trading, custody, and management services exclusively for institutional clients. Retail investors are explicitly excluded, and the Sparkassen group, to which DekaBank belongs, is still deliberating its approach to private customers in crypto trading, according to Bloomberg. The bank has obtained a crypto custody license from the European Central Bank and Germany’s financial regulator, BaFin, positioning itself as a secure option for institutional clients. DekaBank board member Martin K. Müller stated that the organization possesses the necessary experience, required licenses, and a tested, ready-to-use infrastructure. Crypto trading for other banks Other banks within the Sparkassen group are…

Strategy, formerly MicroStrategy, has purchased over 50,000 Bitcoin so far in 2025 as of late February. The dotcom-era software developer acquired 20,356 Bitcoin (BTC) for $1.99 billion last week, according to a disclosure filing with the U.S. Securities and Exchange Commission. Strategy executive chairman and BTC evangelist Michael Saylor noted that the firm purchased the tranche at an average price of $97,514. By publication time, Bitcoin was trading at $94,305 due to a market-wide correction. Strategy’s at-the-market equity program once again financed its BTC acquisition plan. Last week, Saylor announced $2 billion worth of convertible notes to buy more BTC.…

Nexo, a digital assets wealth platform with over $11 billion in assets under management, has inked a major partnership with the Acapulco Tennis Open The collaboration makes Nexo (NEXO) the official partner of the prestigious tennis tournament, strengthening the company’s footprint in Latin America. According to a press release shared with crypto.news on Feb. 24, Nexo’s partnership with the Abierto Mexicano Telcel presentado por HSBC comes ahead of the Telcel and HSBC-sponsored tennis tournament, scheduled for Feb. 24 to March 1, 2025. Stars set to compete in the tournament’s 32nd edition at the Arena GNP Seguros in Acapulco include Alexander…

Binance co-founder Changpeng Zhao unveiled his cryptocurrency portfolio on Binance Square’s Trader Profile, revealing a significant concentration in Binance Coin.  His holdings are distributed as follows: 98.48% in BNB (BNB), 1.32% in Bitcoin (BTC), 0.03% in Tether (USDT), and 0.17% in Euro Coin. This disclosure underscores CZ’s strong confidence in BNB and the Binance ecosystem. CZ’s investment in BNB reflects his strong commitment to the platform. This strategy highlights his confidence in BNB’s long-term value in a volatile cryptocurrency market. Over the past year, BNB has risen nearly 70% and is currently trading at $640. CZ’s recent moves CZ recently…