Category: CryptoX News

Layer-2 BOB’s ‘Bitcoin DeFi’ Continues Progress With Fireblocks Integration

Hybrid layer-2 network BOB’s mission to make Bitcoin the center of the decentralized finance (DeFi) universe continues through its integration with crypto custody firm Fireblocks. The integration means the over 2,000 entities using Fireblocks will get access to BOB’s DeFi ecosystem, which has total value locked (TVL) of around $250 million. These users can now earn yield on their BTC holdings via BOB’s network, according to an announcement shared with CryptoX on Monday. BOB, an abbreviation of “Build on Bitcoin”, has the goal of making Bitcoin the foundational network for…

Investors continue to back DePIN, Web3 gaming, layer-1 RWAs

The first quarter of 2025 has been highly volatile for crypto. Investor sentiment has swung from one extreme to the other as Bitcoin (BTC) rallied to all-time highs, endured a major correction, and received a major presidential boost from Donald Trump. Amid all the noise, venture capital firms continued to broaden their exposure to blockchain and crypto startups across decentralized physical infrastructure networks (DePINs), Web3 gaming, real-world asset (RWA) tokenization and derivatives exchange markets.  The latest edition of VC Roundup features seven funding announcements from across the industry.  Alchemy announces…

How Bybit’s lost Ethereum went through North Korea’s washing machine

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…

Tariff Watch: New York Becomes the World’s Gold Vault

World Gold Council data indicates that over 600 tons of gold have entered the vaults of New York since December. John Reade, the council’s market strategist for Asia and Europe, explained that this is an extraordinary situation in anticipation of a possible total tariff implementation. New York Booms With Gold: Over 600 Tons Imported This […] Source CryptoX Portal

Ripple, Cardano Tokens up 60% But Traders Express Caution

U.S. President Donald Trump’s intentions of establishing a national strategic reserve of solana (SOL), cardano (ADA) and XRP sent the assets rocketing as much as 60% on Sunday. Still, traders express caution until plans are more concrete. “The current upward momentum might see a correction in the short term, as investors price in the crypto reserve announcement and determine the legal viability for Trump to create the reserve,” Kevin Guo, director of HashKey Research, told CryptoX in a Telegram message Monday. “Federal Reserve Chairman Jerome Powell previously stated that the…

HIVE Digital Targets 4x Hash Rate Growth & $100M HPC Revenue – Will It Take Off in 2025?

HIVE Digital plans to grow its hash rate 4x by September 2025, potentially placing it among the top 10 public Bitcoin miners by size. Simultaneously, it has $100M ARR target for HPC. Is this small-cap miner an overlooked opportunity? HIVE Digital Sets Sights on Expansion and HPC Revenue The following guest post comes from Bitcoinminingstock.io, […] Source CryptoX Portal

Return $4M or Face FBI, Interpol: Mask Network Founder to Hackers

Mask Network founder Suji Yan has told hackers who recently siphoned $4 million in digital assets from his wallet to return the funds or face enforcement action. Yan stated that the Federal Bureau of Investigation, the Hong Kong Police, Interpol, and private security personnel have evidence implicating the hacker. However, he said the hacker can […] Source CryptoX Portal

Latam Insights: IMF to Confine Salvadoran BTC Purchases, Brazil BRICS Payment Bet

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, the International Monetary Fund (IMF) approves a $1.4 billion credit facility for El Salvador, Brazil states it will spearhead the development of BRICS-native payment systems, and the Brazilian CBDC hits […] Source CryptoX Portal