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. Banning digital assets makes about as much sense as regulating against gravity. How many times did the market dip, back in 2017, on the news that China was banning Bitcoin (BTC), only to promptly recover at the realization of the notion’s absurdity? But while Bitcoin is, to all intents and purposes, unbannable, the same can’t be said of central bank digital currencies—digital forms of national currencies issued and regulated by their central banks. In fact, that’s one…
Cardano was in a tight range at a crucial support level after Charles Hoskinson made a case for the network and its token. Cardano (ADA) was trading at $0.80, down by over 40% from its highest level in December last year. The coin wavered after Hoskinson, its founder, blasted Ethereum and Solana in a long YouTube interview. In it, he noted that its biggest differentiating factor was that it was working on integrating with Bitcoin — a move that he believes is an unexplored $2 trillion opportunity. He said: “Somebody is going to crack it. We will work on it…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As DOGE eyes a potential rally to $1.5, investors are shifting focus to FloppyPepe for its higher profit potential. The Dogecoin (DOGE) price has been gaining bullish momentum, fueling speculation about a potential surge to $1.5. While some investors remain optimistic, others are moving toward new opportunities with higher profit potential, like FloppyPepe (FPPE). Investors are flocking to FloppyPepe for massive gains Investors are turning to FloppyPepe, seeking higher profit potential. With its roots in Matt Furie’s legacy, experts…
Major cryptocurrency firms have launched a coordinated defense following Bybit’s recent security incident. The exchange’s CEO, Ben Zhou, announced that multiple industry leaders have joined forces to track, contain, and minimize the impact of the exploit. A Huge Thank You to Our Partners and CommunityAfter last night’s security incident, we’re incredibly grateful for the swift action and support from our partners, security teams, and the broader crypto community. Your dedication and collaboration helped us navigate the situation… pic.twitter.com/jvX683iA0U— Bybit (@Bybit_Official) February 22, 2025 The response has united both centralized and decentralized finance sectors, with key infrastructure providers implementing immediate protective…
The cryptocurrency sector is a breeding ground for viral, community-driven projects, but the rise of racist meme coins has ignited debates about the limits of decentralization. This issue is gaining renewed attention after rapper Kanye West, who now goes by “Ye,” announced plans to launch a so-called “Swasticoin” in a series of controversial social media posts. West’s statements, which included antisemitic remarks about the Jewish community, mark a shift from his previous criticism of celebrity-backed coins that “prey” on fans. On Saturday, West seemingly changed his mind. “I’m going to open the CA [contract address] for my Swasticoin to Jewish…
The U.S. Securities and Exchange Commission (SEC) is officially backing off its investigation into NFT marketplace OpenSea — yet another example of the crypto industry benefitting from loose regulations under the Trump administration. OpenSea co-founder and CEO Devin Finzer shared the news late Friday. The announcement came on the heels of Coinbase’s announcement that the SEC was dropping its case against them. “The SEC is closing its investigation into [Opensea]. This is a win for everyone who is creating and building in our space,” Finzer declared on X. “Trying to classify NFTs as securities would have been a step backward—one…
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is offering a massive bounty to crack crypto’s largest theft in history. The exchange is pledging 10% of recovered funds—potentially up to $140 million—to cybersecurity experts and blockchain analysts who help track and retrieve stolen assets. The bounty is tied to the recovery of over $1.4 billion in compromised Ethereum. As part of the investigation and recovery efforts, Bybit is pledging 10% of recovered funds to reward ethical cyber and network security experts who play an active role in retrieving the stolen cryptocurrencies in the incident. Read more here: https://t.co/DCKgSTnMVO— Bybit…
Pi Network crashed after the mainnet launch, leading to a $6 billion wipeout in the first two days. Pi Network (PI) was trading at $0.76 on Saturday, down from the mainnet launch price of $2. Here are the four main reasons why the Pi coin price crashed. Pi coin price chart | Source: CMC Pi Network prices crashes amid scam accusations A key reason why the Pi coin price crashed is that Ben Zhou, Bybit’s chief executive officer, attacked it of being a scam. He cited a Chinese report that accused Pi of being a scam targeted towards the elderly. …
The NFT market has rebounded despite crypto price weakness, with Bitcoin dipping to $96,000 and Ethereum unable to break past $2,700, hovering around $2,600. As per the latest CoinMarketCap, the global crypto market cap has dropped to $3.18 trillion from last week’s $3.24 trillion. According to CryptoSlam data, NFT sales volume has grown to $152.9 million, marking a 19.60% increase from the previous week. The market has seen expanded participation across all metrics. The weekly data reveals growing market activity: NFT sales volume rose to $152.9 million from $112.7 million NFT buyers increased 64.53% to 335,666 NFT sellers grew 49.30%…
The third week of February saw major investments in security and infrastructure, with Blockaid leading the way with a $50 million Series B round. The week’s funding totaled over $150 million, with security, DeFi, and infrastructure projects leading the funding as per Crypto Fundraising data. Blockaid, $50 million Raised $50 million in Series B funding The project is backed by Ribbit Capital, Google Ventures and Variant Blockaid has raised a total of $83 million so far Kinto, $20 million Kinto has secured $20 million in an unknown round Backed by Brevan Howard Kinto has raised a total of $25 million…