PumpFun removed tokens linked to the Bybit hacker after discovering their role in laundering stolen funds through rapid memecoin trading.The Bybit hacker used PumpFun to launch the memecoin ‘QinShihuang,’ executing trades worth $26M within three hours before being flagged and removed. PumpFun, a Solana-based platform that has made news for its quick expansion in the...
Bybit is reported to have fully reached 1:1 on clients’ assets after a recent hack caused its Ethereum (ETH) reserve to drop to 63,807 ETH.The price of ETH is reported to stand a good chance of hitting $6k once it successfully makes a positive move on regulatory changes and macroeconomic factors. In a recent update,...
Changpeng Zhao believes Bitcoin is becoming unavoidable, comparing its importance to that of money and the internet in the global financial landscape. The U.S. government’s growing focus on Bitcoin, including potential national reserves, signals the asset’s increasing significance in global finance. Changpeng Zhao, the former CEO of Binance, has voiced strong support for Bitcoin following the...
Metaplanet’s Bitcoin holdings surpass 2,100 BTC, marking 10% of its goal to reach 21,000 BTC by 2026, signaling strong progress. Metaplanet’s stock will surge 80.75% in 2025, reflecting investor confidence as the firm continues its aggressive Bitcoin acquisition strategy. Metaplanet, a Japanese investment firm, has recently hit a key point in its journey toward holding 21,000...
Struggling companies like Goodfood Market Corp are investing in Bitcoin, hoping to attract investors and boost stock liquidity instead of focusing on core operations.While MicroStrategy’s Bitcoin strategy has fueled massive stock gains, regulatory risks and tax challenges could complicate similar corporate moves. Companies with shrinking revenues and stagnant stock prices are making a bold move—buying...
Increasing token supply and declining liquidity create a market prone to manipulation and unexpected price movements.Understanding market cycles and recognizing shifting sentiment is crucial for making informed decisions and managing risks effectively. In recent weeks, the crypto market has faced a challenging reality that many investors have found difficult to accept. The dreams of an...
Bitcoin’s symmetrical triangle pattern signals potential for a major breakout, while analysts remain bullish on its long-term outlook.Upcoming token unlocks for Optimism and Sui could drive price volatility, but strong fundamentals may support continued growth. As we approach the end of February 2025, the cryptocurrency market is witnessing heightened activity, particularly around Bitcoin (BTC), Optimism...
Bitcoin’s low volatility phase suggests a major price move is on the horizon, with historical patterns indicating potential 20–30% swings.Institutional accumulation and favorable regulatory shifts could serve as key catalysts for an upcoming Bitcoin rally. Bitcoin’s recent price stability is drawing significant attention from analysts and investors, as historical patterns suggest that low volatility often...
A Brazilian national, Dover Braga, is facing up to 20 years in prison after being charged with orchestrating a $290 million Bitcoin Ponzi scheme.Braga is charged with 12 counts of wire fraud, corresponding to 12 investor transactions and one count of conspiracy to commit wire fraud. Dover T. Braga, a 48-year-old Brazilian citizen, has been...
Hong Kong Asia Holdings’ board approved expanding Bitcoin investments, increasing their total holdings to 8.88 BTC using internal funds.Hong Kong’s government unveiled a new roadmap to strengthen its position as a global virtual asset hub with enhanced regulations and financial services. The plan by Hong Kong Asia Holdings to expand its Bitcoin reserves has piqued...