Fantom Plans Multichain Liquidation to Help Recover Millions Lost in Exploit

The Fantom Foundation, the entity responsible for developing the Fantom Network, has secured a favorable judgement from the High Court of Singapore in its legal proceedings against Multichain, a cross-chain protocol. The Foundation found itself at the receiving end of an exploit orchestrated by Multichain in July 2023, resulting in a substantial loss exceeding $210…

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Bitcoin Surges to Record Highs Against the Euro and Multiple Currencies

Bitcoin Achieves Record High Against Euro: Bitcoin has recently reached a significant milestone by surging to a new all-time high against the euro, soaring to an unprecedented value of $65,000. This remarkable achievement underscores Bitcoin’s growing prominence in the financial markets and highlights its resilience as a leading digital asset. On March 4, Bitcoin surpassed…

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Shiba Inu Prices Briefly Dropped 50% on Coinbase

What triggered the significant price fluctuation of Shiba Inu (SHIB) on Coinbase? Shiba Inu (SHIB) experienced a notable price drop of 50% on the U.S. exchange Coinbase during the early hours of Tuesday in Asia. This decline occurred concurrently with a sell-off in major cryptocurrencies, particularly driven by Bitcoin (BTC) movements. SHIB’s price plummeted from…

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The largest-ever Bitcoin block on record was recently mined by Marathon.

quick take Marathon Digital, utilizing its Slipstream service and OrdinalsBot, achieved the mining of the largest-ever Bitcoin block on record. The Runestone Project, spearheaded by Marathon, embodies a vision for decentralization in the cryptocurrency space. A recent milestone in blockchain technology has garnered widespread attention within the cryptocurrency community: the mining of the largest-ever Bitcoin…

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Bitcoin ETFs are expected to catalyze an institutional gold rush, according to the co-founder of MicroStrategy.

summary Michael Saylor forecasts a decade-long surge driven by Bitcoin ETFs. Saylor anticipates Bitcoin’s growth in 2035, with 99% of it mined and a surge in institutional adoption. Despite initial resistance, Bitcoin demand is boosted by AI and nation-states. During the Bitcoin Atlantis conference on March 1, Michael Saylor, the co-founder and executive chairman of…

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Coinbase is contesting the SEC’s decision regarding allegations of insider trading.

summary Coinbase’s Chief Legal Officer, Paul Grewal, raises doubts about the legitimacy of a recent default judgment by a federal judge in an ongoing legal battle with the SEC. The judgment is part of a larger case involving allegations of insider trading and has sparked discussions about its implications for cryptocurrency regulation. Judge Tana Lin’s…

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Nigeria’s financial regulatory authority calls upon Binance CEO regarding apprehensions about criminal activities.

Newly appointed Binance CEO, Richard Teng, faces summons by Nigeria’s House of Representatives Committee on Financial Crimes over concerns regarding the company’s lax Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, which are suspected to have facilitated terrorism financing and money laundering activities. According to local reports, Committee Chairman Ginger Onwusibe issued the ultimatum…

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Amidst the market upswing, the Ethereum Foundation has sold off assets worth $13 million.

quick take Ethereum’s bullish trend faces uncertainty following the liquidation. Market tension escalates amidst Ethereum’s recent pullback. Investors exercise caution due to speculation triggered by the Ethereum Foundation’s move. The Ethereum Foundation has decided to liquidate around $13 million worth of Ethereum assets. This unexpected action has prompted inquiries regarding its potential ramifications within the…

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$SMOG achieves a new all-time high, earns a spot on Jupiter’s exclusive list, and surpasses 40,000 holders.

Over the weekend, the dynamic $SMOG token achieved a significant milestone by soaring to a new all-time high (ATH), marking its progress toward the year’s most substantial airdrop. First and foremost, $SMOG surged above $0.127, breaking its previous ATH and reflecting a highly optimistic sentiment as the meme season gains traction. This surge had a…

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