Author: coinadrenaline
Tether CEO Paolo Ardoino says USDT will help to successfully keep the US dollar on top of the global financial power structure. In a new post to the social media platform X, Ardoino makes his argument for why USDT is the “most successful tool” for the US dollar maintaining its hegemony. “Tether built, over the last decade, the widest physical and digital distribution network, spacing from thousands of kiosks in Africa and South America to digital remittances platforms, from payment backbones to institutional tools. Every single day our teams and portfolio companies are with their boots on the ground in…
The former CEO of embattled cryptocurrency exchange FTX was found guilty on seven counts of fraud last year and is currently serving a 25-year prison sentence. After Two-Year Absence, Sam Bankman-Fried Reappears to Discuss DOGE Sam “SBF” Bankman-Fried is currently detained at the Metropolitan Detention Center in Brooklyn, New York, serving a 25-year sentence issued […]
Ethereum ETFs recently recorded their third-biggest day ever, adding $500M in a week—16% of all inflows since launch. With ETH stabilizing, could this signal a larger trend reversal? Spot Ethereum (ETH) ETFs have seen a surge in inflows over the past week, with more than $500 million entering the market in the last five trading sessions as of Feb. 6. According to CoinGlass, the recent wave of investments accounts for about 16% of all-time net inflows, which now stand at $3.17 billion, and represents 18% of the $2.8 billion that flowed in between Jul. 23, when spot Ethereum ETFs were…
Chainflip, a decentralized cross-chain service and market maker, is implementing an upgrade to block illicit funds, specifically those from the recent Bybit hack. Hacked Funds Expose LPs to Excessive Risk Market maker Chainflip has announced it will proceed with a plan to enable interfaces to block illicit flows within the Chainflip protocol. Specifically, the market […]
Este artículo también está disponible en español. XRP’s recent price movements have followed a pattern that crypto analyst Javon Marks believes signals the potential for a strong continuation rally. Sharing his analysis on the social media platform X, Marks pointed to a “hidden bullish divergence” on XRP’s daily candlestick chart. Despite the ongoing price crash, the presence of this bullish divergence opens up new bullish targets for the XRP price. XRP’s Price Crash Worsens, But Hidden Bullish Divergence Suggests Next Move XRP’s price action has faced consistent downward pressure over the past week, with the decline intensifying in the past…
Bybit announced a bounty platform designed to combat crypto-related crime titled LazarusBounty.com following. The initiative employs a structured, four-pronged approach to identifying illicit activity, holding hackers accountable, and enhancing crypto security. The effort follows a hack perpetrated against Bybit on Feb. 21, which resulted in the loss of nearly $1.5 billion in Ethereum (ETH) and ETH synthetic tokens. According to blockchain security firm Elliptic, this is the largest hack in history.War against LazarusLazarusBounty.com consolidates blockchain security data from leading firms, including Chainalysis, Arkham, and GoPlus, into a unified security repository. This real-time database provides investigators and the broader community with critical…
Este artículo también está disponible en español. Solana is trading at its lowest levels since September 2024, with extreme fear and selling pressure dominating the market. Since breaking its all-time high in January, SOL has retraced over 55%, leaving bulls struggling to regain momentum. The broader crypto market is facing a period of uncertainty, and Solana has been one of the hardest-hit altcoins in recent weeks. Related Reading Bears have remained in control, consistently driving prices lower as investors lose confidence. The once-thriving meme coin speculation that fueled Solana’s rally has now turned into a major headwind, accelerating the selloff…
Bitdeer Technologies Group reported a $531.9 million net loss for Q4 2024 as it invested heavily in proprietary mining hardware development, including $243.4 million in payments to chip manufacturer Taiwan Semiconductor Manufacturing Company (TSMC), while targeting a self-mining hashrate of 40 exahash per second (EH/s) by late 2025. Strategic ASIC Push Drives Bitdeer’s $532M Q4 […]
TL;DR: The EPF concluded the fourth cohort and is preparing for a fifth cohort. Applications will be open soon. In the meantime, explore the new EPF.wiki and sign up to get notified when they open. The Ethereum Protocol Fellowship recently completed its fourth successful cohort, culminating with EPF Day at Devconnect in Istanbul. Its completion marked 4 months of immersive learning, research and contribution to the Ethereum core ecosystem from a group of talented and dedicated fellows. To learn more about EPF, take a look at some of the past posts and repos. EPF4 Stats Applications for the fourth cohort…
Journalist Posted: February 26, 2025 On-chain metrics revealed that exchanges have witnessed an outflow of $7.10 million worth of XLM. XLM traders have built $3.42 million in short positions at $0.306. Amid market uncertainty, Stellar [XLM], has turned bearish and is poised for a massive price drop in the coming days. On the 25th of February 2025, XLM recorded a 14% decline, failing to hold the crucial $0.31 support level, which has a strong history of price reversals. With this significant price drop in the past 24 hours, XLM was trading near the $0.279 level. During the same period,…