Raydium token RAY ‘falling off a cliff’ as Pump.fun rumored as testing AMM
Raydium’s token has dropped 25% after an onchain sleuth said they found Pump.fun was making a protocol that could cut off a source of the DEX’s revenue. Go to Source
Month: February 2025
Fears of Price Hikes Fuel Bulgarian Euro Protests
Thousands of ultra-nationalist Revival party supporters in Bulgaria clashed with police while attempting to storm an EU mission building in Sofia, protesting the country’s planned euro adoption in 2026. The demonstrators, fearing economic instability and loss of sovereignty, threw projectiles and set fires, resulting in police injuries and arrests. The Bulgarian government condemned the violence, … Read more
Bybit stolen funds likely headed to crypto mixers next: Elliptic
Based on past behavior, the Lazarus Group could start using mixers to obfuscate the stolen funds, but it may prove more challenging this time due to the sheer volume of stolen assets. Go to Source
Bybit’s Phantom Hacker Becomes Ethereum’s Shadow Whale by Fragmenting Fortune Across 54 Wallets
In recent days, the cryptocurrency platform Bybit fell victim to a sophisticated cyberattack, hemorrhaging over $1.4 billion in assets purportedly tied to operatives from North Korea. As of this report, the perpetrator controls roughly 449,395.23 ETH—equivalent to nearly $1.26 billion—making them one of Ethereum’s most formidable custodians. Bybit Exploiter Joins Crypto’s Most Wanted List This … Read more
Hong Kong investment firm’s board gives nod to more Bitcoin buying
Shares in HK Asia Holdings Limited nearly doubled after it bought its first Bitcoin a week ago, and now the investment firm just bought another 7 BTC. Go to Source
Putin Eyes Western Companies’ Comeback as US-Russia Tensions Shift
As Russia anticipates a possible return of Western corporations, President Vladimir Putin has instructed his cabinet to prioritize domestic firms over foreign businesses seeking to re-enter the market. This move follows economic sanctions imposed after Russia’s 2022 invasion of Ukraine, which led to the departure or downsizing of over 1,800 foreign companies. Recent talks between … Read more
Only 44% of US Bitcoin ETF buying has been for hodling — 10x Research
10x Research’s Markus Thielen says the demand for Bitcoin as a long-term asset could be “significantly smaller than the media portrays.” Go to Source
Trump Claims His 150% Tariff Threat ‘Broke up’ BRICS
Donald Trump claimed his 150% tariff threat made BRICS nations break up over their plan to ditch the U.S. dollar, saying: “We haven’t heard from the BRICS states lately.” Trump’s 150% Tariff Threat Made BRICS Break Up? Here’s What He Claims U.S. President Donald Trump discussed his administration’s efforts to counter BRICS nations’ impact on … Read more
Crypto startups can’t just rely on solid tech to win VC funding: OKX
OKX Ventures’ founder Jeff Ren told Cointelegraph that fund-worthy crypto startups are ones that combine solid tech with an ability to adjust as the market evolves. Go to Source
Czech Central Bank Eyes Bitcoin? Governor Takes Step Toward BTC Reserves
The Czech National Bank is exploring bitcoin’s potential as a reserve asset, with its governor emphasizing the need to adapt to evolving financial markets despite crypto risks. Czech Central Bank Signals Bitcoin Interest—A Step Toward BTC Reserves? Aleš Michl, governor of the Czech National Bank (CNB), renewed discussion on social media platform X last week … Read more