Russia’s digital ruble rollout is delayed as the central bank refines its economic model, despite a successful pilot with 15 banks, 1,700 citizens, and 30 businesses participating. Bank of Russia Delays Digital Ruble Rollout The Bank of Russia has delayed the full-scale rollout of its central bank digital currency (CBDC), the digital ruble, which was […] Source CryptoX Portal
North Korea’s Lazarus Group laundered another 62,200 Ether, worth $138 million, from the Feb. 21 Bybit hack on March 1 — leaving only 156,500 left to be moved, a pseudonymous crypto analyst noted. Approximately 343,000 Ether (ETH) of the 499,000 Ether stolen from the $1.4 billion Bybit hack has been moved, said X user EmberCN, who expects the remaining funds to be cleared in the next three days. The 343,000 Ether moved equates to 68.7% of the stolen funds — up from 54% on Feb. 28. EmberCN previously noted that…
Polkadot price remained above its make-or-break level this week as Bitcoin and most cryptocurrencies crashed. Polkadot (DOT) fell to a low of $4, slightly higher than the critical support level at $3.60, where it has failed to fall below several times since 2022. The token has held steady above this support level for two main reasons. First, Grayscale and 21Shares have filed for a spot DOT exchange-traded fund, which they hope will be popular among Wall Street investors. Spot Bitcoin (BTC) and Ethereum (ETH) ETFs have done fairly well among…
An Ethereum researcher has pitched a new block proposal solution that aims to democratize Ethereum’s currently centralized block building process by implementing a “shared random algorithm.” The “Decentralized Random Block Proposal” would leverage Byzantine Fault Tolerance (BFT) to eliminate Maximal Extractable Value at the block level, fully democratize block proposing and possibly accelerate propagation — the process by which transactions are broadcast to network validators — pseudonymous researcher Malik672 said in a March 1 post. Malik672 said while Ethereum’s proof-of-stake model and the proposer-builder separation feature has migrated Maximal Extractable Value…
Bitcoin plunges, panic spreads—former Binance CEO Changpeng Zhao (CZ) says only those who master risk and resilience will thrive in the relentless crypto market. Bitcoin’s Freefall: CZ’s Tough-Love Advice for Investors Who Can’t Handle the Heat Market volatility has once again sparked discussions among crypto investors, with Changpeng Zhao (CZ), the former CEO of crypto […] Source CryptoX Portal
The US spot Bitcoin exchange-traded funds recorded a $94.3 million inflow on Feb. 28 — breaking eight consecutive days of outflows as Bitcoin made a partial recovery toward $85,000. The ARK 21Shares Bitcoin ETF (ARKB) and Fidelity Wise Origin Bitcoin Fund (FBTC) led the way with $193.7 million and $176 million in net inflows respectively, Farside Investors data shows. ARKB and FBTC’s combined $369.7 million inflow more than covered the $244.6 million outflow from BlackRock’s iShares Bitcoin Trust ETF (IBIT), while the Bitwise Bitcoin ETF (BITB) and the Grayscale Bitcoin…
Whale behavior in the Solana market is causing yet another ruckus, but in a good way. The token’s value climbed 9%, reaching roughly $137. A large numbers of moneyed people, “whales” they are called, is gobbling up huge amounts of the Solana crypto. Technical signals suggest a strong momentum and growing open interest, keeping traders upbeat and glued on their celphone or PC screens. Whale Invests Millions Of Dollars In SOL One major investor purchased 50,000 SOL, worth nearly $7 million, data from Lookonchain shows. There were other whales that…
Robert Kiyosaki says bitcoin “might be a scam” but argues the U.S. dollar and banking system are worse. He advocates for buying bitcoin, gold, and silver. Robert Kiyosaki: Bitcoin Could Be a Scam, but He’s Still Buying—Here’s Why Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, has once again made headlines […] Original
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Despite market struggles, Lightchain AI thrives, raising $16.8m in presale, thanks to its strong fundamentals and AI-driven solutions. While the broader cryptocurrency market struggles to find its footing, Lightchain AI stands out by continuing to grow. The project recently raised $16.8 million in its presale, demonstrating investor confidence even as the market faces tough conditions. Although many cryptocurrencies are grappling with challenges such as regulatory uncertainty, declining liquidity, and…
The US government has done “nothing” to address crypto debanking issues since US President Donald Trump returned to the White House, according to Custodia Bank’s CEO Caitlin Long. Speaking on stage at ETHDenver on Feb. 28, Long said while the “perception is that there has been a loosening, none of the federal banking agencies have actually overturned any of the anti-crypto guidance.” “It is still presumed unsafe and unsound for a bank to touch a digital asset even in a de minimis amount,” Long said while arguing that “nothing” has…