Month: March 2025

Solana futures ETF to grow institutional adoption, despite limited inflows

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The crypto industry is set to debut the first Solana futures exchange-traded fund (ETF), a significant development that may pave the way for the first Solana spot ETF, as the โ€œnext logical stepโ€ for crypto-based trading products, according to industry watchers. Volatility Shares is launching two Solana (SOL) futures ETFs, the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT), on March 20. The debut of the first Solana futures ETF may bring significant new institutional adoption for the SOL token, according to Ryan Lee, chief…

Bybit Founder Exposes Hack Flows: 86% of Stolen Crypto Traced to 9,117 Bitcoin Wallets

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In late February, Bybit fell victim to a cybersecurity breach that drained over $1.4 billion in digital currency. Nearly three weeks later, on March 20, Bybit founder Ben Zhou released a comprehensive analysis detailing the attackโ€™s mechanics and response protocols. Cryptoโ€™s Dark Maze Zhou revealed that the attacker exploited anonymizing toolsโ€”including Wasabi, Cryptomixer, Railgun, and […] Original

Swiss Central Bank rejects Bitcoin for reserves, citing volatility: report

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Swiss National Bank Governor Martin Schlegel reaffirmed the central bankโ€™s position against incorporating Bitcoin or other digital assets into its foreign exchange reserves.ย  Schlegel expressed concerns to Bloomberg regarding Bitcoinโ€™s (BTC) high volatility, instability, and the regulatory challenges associated with cryptocurrencies. These factors were cited as the main reasons for his position.ย  He highlighted that the Swiss National Bankโ€™s reserves are meant to support monetary policy, and he noted that digital assets do not align with this goal. This position is consistent with Schlegelโ€™s earlier remarks. In a November 2024…

The Fed Blinked โ€” The Bitcoin Bull Run Return Is Now Inevitable

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artรญculo tambiรฉn estรก disponible en espaรฑol. On Wednesday, the US Federal Reserve decided to leave its benchmark interest rate unchanged in the 4.25%โ€“4.5% range โ€“ and Bitcoin reacted instantly. The pause, while widely anticipated, came…

Lazarus Group sends $3.76m worth of Bitcoin to five unknown address

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North Korean hacker group, Lazarus Group, was seen sending Bitcoin to multiple unknown addresses, bringing their total holdings down to 13,441 BTC, according to on-chain data. According to data from Arkham Intelligence, the North Korean hacker groupโ€™s Bitcoin (BTC) holdings are now worth around $1.15 billion after the mass transfers. On March 20 at around 9:18 AM UTC, the wallet sent 12.929 BTC or equal to $1.12 million to an unknown wallet address. Following the 12.929 BTC transfer, the wallet continued to send Bitcoin to four other wallet addresses. Two…

South Korean Prosecutors Raid Bithumb Over Allegations of Ex-CEO Embezzling Funds From Exchange

Prosecutors in South Korea have launched an investigation into Bithumb, one of the countryโ€™s largest cryptocurrency exchanges, over claims that company funds were improperly used to assist a former executive in purchasing an apartment. Officials from the Seoul Southern District Prosecutorsโ€™ Office raided Bithumbโ€™s headquarters in Yeoksam-dong and other locations on Wednesday., according to local media report. Wu Blockchain reported that some projects had paid up to $10 million in fees to list their tokens on Upbit and Bithumb. The probe focuses on allegations that Bithumb provided a 3 billion…

Only One Top 10 Crypto Exchange Resisted Bitcoin’s 30% Price Drop

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BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya ๐ŸŽ™๏ธ BitMart’s Strategy & Growth: Key Takeaways from the Podcast In this insightful conversation, Ksenia, Growth Lead at BitMart, shares her perspective on BitMartโ€™s strategy, the latest crypto trends, and the exchangeโ€™s expansion efforts. Here are…

Why is Solana (SOL) price up today?

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Solana (SOL) price is up today, buoyed by a significant recovery in the broader cryptocurrency market. Data from Cointelegraph Markets Pro and TradingView shows SOLโ€™s price is trading at around $134, up more than 6% in the last 24 hours. Solana price has rebounded roughly 20% from its local low of around $112 reached on March 11. SOL/USD daily chart. Source: Cointelegraph/TradingView Several factors driving the SOL price up today, including: SOL price rally comes following the launch of the first Solana futures ETF. Approximately $18 million in shorts were…

Sei’s Role in the Evolving Landscape of Blockchain and Traditional Finance

Peter Zhang Mar 20, 2025 11:35 Sei’s infrastructure gains prominence as regulatory clarity in the US enables traditional financial institutions to embrace blockchain, enhancing compliance and innovative financial products. As regulatory frameworks gain clarity in the United States, the landscape for blockchain technology in traditional financial markets is set for transformation. This shift is particularly beneficial for Sei, a blockchain infrastructure platform, as it provides a robust foundation for financial institutions and Real World Asset (RWA) issuers to adopt digital asset markets…