Author: Yeek.io
Safe traced the security loophole to its Wallet UI, while Bybit closed the $1.4 billion gap and launched a bounty protocol to track bad actors. Ethereum-based crypto wallet protocol Safe implemented “immediate security improvements” to its multi-sig solution following a cyberattack on Dubai-based exchange Bybit on Feb. 21. North Korea’s Lazarus stole over $1.4 billion in Ether (ETH) from Bybit’s Ethereum wallet by exploiting vulnerabilities in Safe Wallet’s UI. The infamous hacking group injected hostile JavaScript code specifically targeting Bybit, siphoning more than 400,000 ETH. To prevent further attacks, Safe placed its Wallet in lockdown mode before announcing a phased…
Trump’s AnnouncementTrump shared the news on Truth Social on March 2, 2025. He stated that the Crypto Reserve would help the crypto industry recover from what he called “corrupt attacks” by the Biden administration. He added that his Executive Order on Digital Assets directed the Presidential Working Group to create the Crypto Strategic Reserve.Trump emphatically supported Bitcoin and Ethereum. He went on to also emphasize the place of XRP, Solana, and Cardano in the reserve. The news drove crypto prices up, with Bitcoin increasing over 10% to a peak of $94,821. Ethereum increased by 12%, while XRP, Solana, and Cardano…
Homepage > News > Finance > MNEE Stablecoin Launches on 1Sat Ordinals Protocol with Instant Transactions, No Gas Token, and 1/10th Cent Transaction Fees (London, UK, March 3rd, 2025) – MNEE (pronounced “money”), a next-generation USD-backed stablecoin, officially launched today on the 1Sat Ordinals blockchain protocol, marking a major innovation in stablecoin payments. With instant transactions, no gas token required, and ultra-low fees under a penny, MNEE represents a paradigm shift in how stablecoins function, making everyday crypto payments a reality — even for something as simple as buying a quintessential cup of coffee. “A USD stablecoin on the world’s…
Currently, Pepe Coin (PEPE) is trading at $0.000007976 after a 1.42% decrease in the last 24 hours. Over the past 30 days, the coin has been down 39.99%, indicating substantial volatility and a challenging longer-term performance. Pepe Coin Price Analysis This short-term dip could be attributed to temporary profit-taking or market uncertainty. However, the more concerning data is the 39.99% decline over the last 30 days, which suggests that the coin has faced prolonged selling pressure or shifting investor sentiment. Understanding these dynamics is key for traders looking to gauge whether the recent 24-hour decline is a fleeting correction or…
After a period of heightened volatility, Bitcoin, the flagship crypto asset, appears to have found its footing, undergoing a surge back to the $94,000 price mark. BTC’s renewed upward movement has allowed it to close key price gaps, reflecting a bullish outlook for the asset. CME Gap Finally Closes Following Bitcoin’s Price Recovery Bitcoin’s current price upswing has recovered key resistance areas that previously halted its uptrend. Delving into BTC’s price action, Rekt Capital, a market expert and trader, highlighted that the asset has closed the price gap recently formed by its sharp decline last week. The closing of this…
Este artículo también está disponible en español. Dogecoin is trading below key levels after dropping over 10% following last night’s bullish price action. The meme coin market continues to struggle, and Dogecoin is no exception. Since late January, DOGE has failed to reclaim previous highs and consistently set lower prices each week. Investors are growing cautious as selling pressure remains strong, preventing any meaningful recovery. Related Reading Despite the recent downturn, some analysts remain optimistic about DOGE’s long-term prospects. Top analyst Carl Runefelt shared a technical analysis on X, showing that DOGE recently broke out of a long-term falling wedge…
The $1.4 billion hack against Bybit wasn’t just the largest exploit in crypto history — it was a major test of the industry’s crisis management capabilities, highlighting its maturation since the collapse of FTX.On Feb. 21, North Korea’s Lazarus Group made off with $1.4 billion in Ether (ETH) and related tokens in a breach that initially sent chills throughout the entire crypto world but was quickly quelled as the industry rallied behind Bybit to manage the fallout.Here’s a look at how the attack unfolded, how Bybit responded, and where the stolen funds are moving.Source: EllipticFeb. 21: Bybit hacked The Bybit hack…
The United States Senate will vote this week on a resolution seeking to overturn the Internal Revenue Service’s crypto reporting rule, which industry players argue threatens the decentralized finance sector. Reports that U.S. senators were looking to overturn the IRS rule emerged at the end of February. In addition to the IRS crypto rule, lawmakers are also targeting the Consumer Financial Protection Bureau rule, which focuses on digital payment applications, for removal. Senator Ted Cruz recently introduced the resolution against the IRS rule under the Congressional Review Act, while Senator Pete Ricketts introduced a separate resolution to challenge the CFPB…
Cryptocurrency markets surged following US President Donald Trump’s announcement of a potential strategic crypto reserve, but analysts cautioned that the rally may be short-lived.On March 2, Trump said his Working Group on Digital Assets had been directed to include three altcoins — XRP (XRP), Solana (SOL) and Cardano’s ADA (ADA) — in the US crypto reserve, Cointelegraph reported. The reserve will “obviously” also include Bitcoin (BTC) and Ether (ETH), Trump added in another post on Truth Social.The announcement triggered a marketwide rebound, with the global crypto market cap rising nearly 7% to $3.04 trillion, while Bitcoin breached the $95,000 psychological…
Este artículo también está disponible en español. Cardano recent price surge has been nothing short of impressive, with ADA climbing steadily to challenge the $1.17 resistance level, a key psychological and technical barrier. Overbought conditions often precede a period of consolidation or correction, as traders take profits and the market seeks equilibrium. For ADA, this could mean a temporary slowdown or pullback from the $1.17 resistance, especially if buyers fail to muster enough strength to break through this stubborn level. On the other hand, a successful breach could open the door for further gains, potentially propelling ADA toward higher price targets.…