Author: John Smith

Sonic’s price rallied 12.5%, deviating from the broader market trend as market participants remained bullish over its growing prominence in decentralized finance. Sonic (S), formerly known as Fantom soared to $0.903 on on Monday, Feb. 24, marking a 140% jump from its lowest level since its transition. Its market cap was seated at over $2.7 billion while its daily trading volume rose slightly, hovering over $337 million at press time. This surge in S price came as the global crypto market dropped 3.7% over the past day, with major altcoins like Ethereum (ETH), XRP (XRP), Binance Coin (BNB), Solana (SOL),…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. FloppyPepe sells out its private round in just 24 hours, raising $907,200, as AI-powered features and meme culture spark major investor interest. History is made as FloppyPepe (FPPE) private round sells out in a blazing flash. This private round raked in a whopping $907,200 in 24 hours, a feat that most coins can’t rival. With whispers of a potential 10,000% breakthrough, savvy investors are piling in, and another sell-out might be on the horizon. Powering private round success with…

Bitrace predicts that OTC services could face a large-scale freeze wave after the massive Bybit hack which resulted in a loss of over $1.5 billion. Bitrace, a joint crypto tracing and analysis platform, warned users that a mass freeze of over-the-counter or OTC products and services could be on the horizon, following the aftermath of the Bybit hack believed to be executed by the North Korean hacker group, Lazarus Group. “In the next few months, there will be a large-scale freeze wave targeting OTC groups and crypto payment companies,” said Bitrace in a translated analysis article. Bitrace calls the Bybit…

OX.FUN, a hybrid perps crypto exchange backed by co-founders of the failed Three Arrows Capital hedge fund, is under scrutiny as data suggests it holds mostly its own OX token. Gamified crypto derivatives exchange OX.FUN, which lists Three Arrows Capital co-founder Su Zhu as its advisor, is firing back against accusations of its insolvency, saying in an X post that NFT artist JefeDAO is attempting “a social media campaign” in a bid to trigger a “coordinated FUD.” In an X post on Feb. 24, OX.FUN denied insolvency claims, stating that “all withdrawals are processing normally.” The exchange also accused JefeDAO…

Circle has minted another 250 million USDC on Solana, pushing its 2025 total issuance to 8 billion USDC as demand for regulated stablecoins grows. The latest 250 million USDC mint was reported by on-chain analytics firm Spot On Chain in a Feb. 24 tweet. Spot On Chain also revealed that that Circle had added 1 billion USD Coin (USDC) to Solana (SOL) in the past seven days. In January, Circle minted a total of 6 billion USDC on Solana. An additional 2 billion USDC was minted in February, bringing total issuance in 2025 to 8 billion USDC. Circle’s USDC supply…

Montana’s Bitcoin reserve bill has failed to clear the House of Representatives after lawmakers voted against it during the latest floor session. House Bill 429, which sought to allow the state to invest in Bitcoin, precious metals, and stablecoins, was struck down in a 41-59 vote. Lawmakers raised concerns over the risks of using taxpayer money for such investments, ultimately deciding the potential volatility outweighed any possible returns. The legislation passed Montana’s Business and Labor Committee on Feb. 19 with a 12-8 vote. An amendment to fund the bill with interest earned from the American Rescue Plan Act was also…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP, Dogecoin, and Shiba Inu have experienced significant price changes, could emerging projects like Lightchain AI be the next breakout token to outperform these popular altcoins? A year in crypto can make or break fortunes, and tokens like XRP, Dogecoin, and Shiba Inu have seen major price swings. If users had invested $1,000 in each of these popular altcoins, how much would their holdings be worth today? While some early investors have seen massive gains, others have faced…

SOL has plummeted by more than 7% to levels below $160 as investors grow weary of the upcoming FTX 11.2 million Solana unlocking. On Feb. 24, Solana (SOL) took a nosedive, decreasing more than 7% to $158.46 the lowest its ever been this year. The last time SOL dipped below $160 was on Oct. 20, 2024, when it closed at $159.64. At press time, Solana has not managed to climb back up past $160 and has stayed at around $159. According to data from crypto.news, Solana has gone down by 6.9% in the past 24 hours. The token is currently…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Whales are quietly accumulating Rollblock as Solana and XRP rebound, signaling a major opportunity in GameFi’s next breakout token. As Solana and XRP recover from recent dips, sharp-eyed investors are shifting focus to Rollblock (RBLK). While the market was distracted by Bitcoin’s pullback, whales quietly accumulated RBLK, signaling confidence in its long-term potential. With its GameFi ecosystem and strong deflationary tokenomics, Rollblock is emerging as a high-upside altcoin. Analysts predict significant price surges of up to 100x by year-end,…

Crypto exchange Bybit, which lost over $1.4 billion in a suspected North Korean hacker attack, says it fully covered the loss within two days. Cryptocurrency exchange Bybit covered its $1.46 billion loss from a recent hacker attack through a mix of loans, whale deposits, and Ethereum (ETH) purchases, blockchain data from Lookonchain shows. In an X post on Feb. 24, Lookonchain showed that Bybit received 157,660 ETH (around $437.8 million) from one address, likely through over-the-counter buying. Another 109,033 ETH ($304.1 million) came from an entity that bought ETH from centralized and decentralized exchanges. Latest Update: Bybit has already fully…