Bookmarking Crypto Insights
The hackers behind the Bybit hack have managed to cash out approximately $300 million of the stolen $1.4 billion in digital assets, despite industry efforts to prevent them.The hack has sparked debate about how Web3 firms can prevent similar attacks in the future. Bybit Hack: 20% of Stolen Funds ‘Gone Dark’ Reports suggest cybercriminals behind … Read more
A federal court in Puerto Rico has held Juan Carlos Reynoso in contempt for refusing to surrender 119.65 BTC worth approximately $9.7 million, imposing a $10,000 daily fine until he complies with a seizure order. Defendant Faces Mounting Fines After Transferring Seized Bitcoin to Other Wallets Senior U.S. District Judge Francisco A. Besosa ruled on … Read more
The price of ether has been on a downward spiral since December, and this new non-profit was launched to solve that problem. Ether Guild Launches: New Initiative Aims to Boost the Cryptocurrency’s Value The Ethereum community has launched a new non-profit organization dubbed Ether Guild to help bolster the value of ether (ETH) whose underperformance … Read more
Franklin Templeton filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) on March 11, 2025, to launch the Franklin XRP ETF, a spot exchange-traded fund designed to track the price of the cryptocurrency XRP. Franklin Templeton Files to Launch XRP ETF, Leveraging Coinbase Custody and Cboe Listing The proposed Franklin XRP ETF, … Read more
Securities exchange Cboe BZX is seeking permission from US regulators to incorporate staking into Fidelity’s Ether exchange-traded fund (ETF), according to a March 11 filing. The filing marks Cboe’s latest attempt to support staking for the Ether (ETH) funds traded on its US exchange. Cboe’s proposed rule change would allow Fidelity Ethereum Fund (FETH) to … Read more
This week, markets have been thrown into turmoil by Trump’s trade skirmishes and his refusal to dismiss the possibility of an impending U.S. recession. At the moment, participants on Polymarket are wagering a 39% probability that the U.S. will slip into an economic downturn before the year concludes, while the likelihood of a Federal Reserve … Read more
A member of the Texas legislature has proposed a bill that could limit the amount local and state authorities invest in cryptocurrency as a reserve asset. In a bill filed on March 10, Texas Representative Ron Reynolds proposed the state’s comptroller not be allowed to invest more than $250 million of its Economic Stabilization Fund … Read more
Bitcoin’s price rebounded late Tuesday afternoon (4 p.m. ET), climbing to the $83,568 range after dipping below $80,000 earlier in the day. This movement coincided with Canada’s decision to halt electricity tariffs on the United States and Ukraine’s agreement to a 30-day ceasefire with Russia following U.S.-led negotiations in Saudi Arabia. Crypto Market Improves as … Read more
European Union regulators are reportedly looking into a service offered by crypto exchange OKX that may have played a role in the laundering of $100 million in funds from the Bybit hack, according to Bloomberg. A March 11 Bloomberg report citing people familiar with the matter claims that national watchdogs from the EU’s member states … Read more
Meliuz founder and chairman Israel Salmen indicated that the company would use 10% of its cash flow to bitcoin in a bid to improve its profitability in the face of the Brazilian real’s loss of value and high inflation rates. Meliuz Rises as the First Company Implementing Strategy’s Bitcoin Playbook in Brazil Companies in emerging … Read more