Author: Yeek.io

The lion’s share of the hacked Bybit funds is still traceable after the historic cybertheft, as blockchain investigators continue their efforts to freeze and recover these funds.The crypto industry was rocked by the largest hack in history on Feb. 21, when Bybit lost over $1.4 billion in liquid-staked Ether (stETH), Mantle Staked ETH (mETH) and other digital assets.Blockchain security firms, including Arkham Intelligence, have identified North Korea’s Lazarus Group as the likely culprit behind the Bybit exploit, as the attackers have continued swapping the funds in an effort to make them untraceable.Despite the Lazarus Group’s efforts, over 88% of the…

The cryptocurrency market is up today, with the total market capitalization rising by approximately 3.2% in the last 24 hours to reach $2.8 trillion on March 20. The gains were led by Bitcoin (BTC) and Ether (ETH), which have risen around 3% and 4%, respectively.Crypto market performance Jan. 30. Source: Coin360Let’s look at the top catalysts driving the crypto market rebound today.Risk-on sentiment pushed the crypto market upThe crypto market rebound mirrors gains in US equities following the Fed’s decision to leave interest rates unchanged.The S&P 500 and the Nasdaq rose by 1.08% and 1.4%, during the late New York…

Gotbit founder Aleksei Andriunin, currently facing crypto market manipulation and wire fraud, has reached a plea deal with the US federal prosecutors, agreeing to forfeit about $23 million in crypto.Prosecutors had initially stated that Andriunin could face a maximum sentence of 20 years in prison for wire fraud charges and up to five years for conspiracy to commit market manipulation, in addition to financial penalties.However, in a letter submitted Wednesday to a Massachusetts federal court, prosecutors recommended that Andriunin avoid prison time altogether. Instead, they proposed probationary terms of up to five years per count, citing his decision to plead…

Sonic could rally nearly 30% from its current price, driven by the launch of its virtual payments card and its expansion in DeFi through new partnerships. According to analyst Robert Mercer, Sonic has reclaimed key support and is breaking out of a downtrend, setting up for what the analyst labeled as a “programmed” run toward $0.60–$0.70 and possibly even $1. A chart shared by the analyst on X highlighted a bullish breakout from a descending trendline with strong momentum, which is typically a precursor for further upside. Source: X/Robert_Klondike Well-followed trader Crypto Nova echoed this bullish sentiment, noting that Sonic…

Crypto strategist Michaël van de Poppe says Bitcoin (BTC) may take off on a series of rallies if it can break through a key resistance level in the coming days. The analyst tells his 782,000 followers on the social media platform X that Bitcoin needs to flip $84,500 into support this week in order to regain bullish momentum. However, he warns if Bitcoin fails to break through $84,500, the flagship crypto asset may collapse in price. “I really want to see some momentum on Bitcoin. If it doesn’t happen this week and we’ll break sub $82,000, likely we’ll see some…

Neither of the firms has made the negotiations public, but reports suggest that they could finalize the agreement by March 20. In case of finalization, NinjaTrader will be independent while tapping into the global presence of Kraken. The deal is expected to enable NinjaTrader to expand its services into markets including the UK, Europe, and Australia.NinjaTrader, a widely used futures trading platform, offers advanced features like simulated trading, live analysis, and customization. It has 1.9 million clients and generates approximately $55.3 million in revenue annually.Kraken, though, remains a crypto leader. In 2024, the exchange generated $1.5 billion in revenue and…

Six projects, recently featured on Binance Alpha, have announced their upcoming listing on Binance’s derivatives market.Binance Future Listing Announcement DetailsAccording to the official announcement, all six tokens will be available for trading with a maximum leverage of up to 25x. The specific listing times are as follows:2025-03-20 09:00 (UTC): $TUT2025-03-20 09:15 (UTC): $BID2025-03-21 09:00 (UTC): $BROCCOLI7142025-03-21 09:15 (UTC): $BROCCOLIF32025-03-22 09:00 (UTC): $SIREN2025-03-22 09:15 (UTC): $BANANAS31Token Price ReactionsFollowing the announcement, all six projects experienced significant price surges, with TUT increasing by 100% and BID demonstrating a remarkable 170% growth. However, it is crucial to exercise caution and avoid engaging in FOMO…

Homepage > News > Business > The institutions are coming (but not like you think) Last month, I wrote about how institutional traders are not coming to save digital currency traders. 71% of institutional traders have no intention of getting involved in digital currency markets anytime soon. However, that piece deserves a follow-up, showing that the institutions are coming into blockchain technology and digital assets in a big way. While the big banks’ trading desks have realized most coins are worthless, the biggest financial institutions in the world are waking up to just how powerful blockchain technology, digital currencies, and…

The Australian Federal Police have kicked off an investigation into a major crypto scam where fraudsters posed as Binance representatives to defraud locals. In a joint statement, the AFP, National Anti-Scam Centre, and Binance Australia revealed that the scam was uncovered through Operation Firestorm, a global crackdown on digital fraud. They warned that over 130 potential victims had already been targeted in the scheme. Scammers posed as Binance representatives and contacted victims with fake warnings, claiming that their Binance accounts had been breached.  Using encrypted messaging platforms and SMS, the bad actors sent “spoofed” messages that looked like they came…

ETH/BTC is a strong indicator of a trend reversal in Ethereum’s favor against Bitcoin. Volume indicators confirm seller exhaustion—will it translate to a price increase? Following the recent Federal Open Market Committee (FOMC) meeting, which signaled a slowing economy, both Bitcoin [BTC] and Ethereum [ETH] have successfully reclaimed critical resistance levels.  This development raises whether ETH, currently at a five-year low against BTC in the ETH/BTC pair, could outpace Bitcoin in an impending market rebound. Market dilemma: Execution or speculation? Amid concerns about the economic impact of tariffs, the Federal Reserve maintained the borrowing rate at 4.25%-4.5%, unchanged since December.…