The Avalanche Foundation and digital payment firm Rain launched the Avalanche Card on Feb. 26, 2025, enabling users in Southeast Asia, Africa, and Latin America to spend cryptocurrencies through Visa’s global network. Avalanche and Rain Partner to Launch Crypto Card for Conversion-Free Spending The card supports transactions using USDC, USDT, Wrapped AVAX (wAVAX), and AVAX, […] Source
The altcoin and meme coin sectors incurred significant losses on Feb. 26, 2025, as investor apprehension over former President Donald Trump’s proposed EU tariffs sparked a widespread sell-off, with safe coin (SAFE) declining by 8.83%. Altcoins Plummet Amid Trump-EU Tariff Uncertainty Global cryptocurrency market capitalization dropped 3.16% to $2.78 trillion in 24 hours, according to […] Source
Bybitโs chief executive says the firm has now fully closed the Ethereum gap after hackers stole nearly $1.5 billion worth of ETH and Lido Staked Ether (stETH) from the crypto exchange last week. Bybit CEO Ben Zhou says the exchange has restored a 1:1 backing on all client assets after the record-setting hack. Zhouโs claims are echoed in a proof-of-reserves audit report published by the blockchain security auditor Hacken on Sunday. โThe Hacken teamโs Proof of Reserves audit, conducted on Sunday, February 23, 2025, demonstrates that Bybit maintains an in-scope…
A recent study reveals significant cryptocurrency adoption and optimism in Australia, with nearly a third of Australians having owned crypto and a majority believing in its future acceptance. Close to 60% of Users Report Profits Nearly a third (32.5%) of Australians have now owned cryptocurrency, while 42.9% “believe crypto will be widely accepted in the […] Source
The chief executive of the crypto exchange Bybit is assuring customers that the firm can meet all withdrawal requests following a massive cybersecurity incident. On Friday, Bybit witnessed a major security breach that allowed thieves to siphon $1.4 billion worth of Ethereum (ETH) and stETH from the exchangeโs cold wallet. Coinbase executive Conor Grogan calls the attack the biggest theft in recorded history. โThe NK (North Korea) hack of Bybit is the largest heist of all time, of any medium (Central Bank of Iraq heist was ~$1 billion). Itโs ~10x…
A decentralized oracle provider and two artificial intelligence (AI)-focused altcoins surged just hours after going live on top US-based crypto exchange platform Coinbase. The data reveals that Chainlink (LINK) rival Pyth Network (PYTH) and AI-based projects Kaito (KAITO) and Bittensor (TAO) all saw significant increases in price after gaining support from Coinbase. KAITO โ an โInfoAIโ protocol that aims to solve the problem of fragmentation within the digital assets industry โ was recently listed by both Coinbase and the top global crypto exchange by volume Binance en route to nearly…
The U.S. Securities and Exchange Commission (SEC) is dropping a lawsuit against the top US-based crypto exchange, according to a new Coinbase blog post. Coinbase says the SEC has agreed โin principleโ to dismiss its case with Commissioner approval. According to Coinbase, the suit being dropped should be viewed as a โmajor win for the rule of lawโ. Coinbase says that it has always complied with the SEC since going public in 2021. However, according to the top US-based crypto exchange by trading volume, political changes at the top of…
The Singapore-based crypto exchange Bybit says itโs suffered a major security breach involving its Ethereum (ETH) cold wallet. According to the crypto analysis firm Arkham, about $1.4 billion in ETH and stETH has been taken. CEO Ben Zhou says the breach happened when an ETH transfer to a warm wallet was manipulated through a sophisticated attack. โBybit ETH multisig cold wallet just made a transfer to our warm wallet about 1 hr ago. It appears that this specific transaction was musked, all the signers saw the musked UI which showed…
The financial services giant Franklin Templeton has launched a mixed Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded fund (ETF). Coinbase will provide custody services for the new Franklin Crypto Index ETF (EZPZ), the firmโs third crypto exchange-traded fund. Franklin Templeton also launched single-asset Bitcoin and Ethereum ETFs last year. The new fund will track the CF Institutional Digital Asset Index, an investible benchmark portfolio index that is currently weighted 86.51% BTC and 13.49% ETH. David Mann, the global head of ETF product and capital markets at Franklin Templeton, says the…
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 ๐๏ธ BitMart’s Strategy & Growth: Key Takeaways from the Podcast In this insightful conversation, Ksenia, Growth Lead at BitMart, shares her perspective on BitMartโs strategy, the latest crypto trends, and the exchangeโs expansion efforts. Here are the key takeaways: โ BitMartโs Competitive Edge โ With 1,400+ trading pairs and a strong global presence, BitMart…