Author: James Wilson

Bybit CEO Ben Zhou reported that 88% of the stolen funds from the exchange is still traceable, but hackers are ramping up obfuscation efforts with Bitcoin mixers. As of 20 March, Ben Zhou’s latest executive summary of Bybit’s stolen funds reveals that 88.87% of the stolen $1.4 billion worth of crypto is still traceable. Of this, 86.29%, equivalent to $1.23 billion, have been converted into 12,836 Bitcoin (BTC) and spread across 9,117 wallets, averaging 1.41 BTC each. According to Ben Zhou, the hackers started to use Bitcoin mixers to scramble the transaction history of the stolen funds. 3.20.25 Executive Summary…

Bithumb is reportedly under investigation by Korean prosecutors for allegedly using company money to support the former CEO’s apartment purchase. South Korean prosecutors have reportedly raided the headquarters of cryptocurrency exchange Bithumb over allegations that the company’s funds were used to assist its former CEO in purchasing an apartment. According to Korean news channel YTN, the Seoul Southern District Prosecutor’s Office conducted the raid on Bithumb’s office in Yeoksam-dong. The investigation is said to be looking into claims that Bithumb might have helped former CEO Kim Dae-sik, now an advisor, with money for buying an apartment in Seoul’s Seongsu-dong area.…

Serbian performance artist Marina Abramović has partnered with digital marketplace TAEX to release three new NFT drops that symbolize various elements of her work. According to Artnet’s report, Abramović has decided to return to the blockchain with a new NFT project titled Marina Abramović Element or MAE. The project marks her return to the web3 sphere since her first venture in 2021 when she offered her 2001 art piece The Hero as collectible NFTs. For her latest project, Abramović is collaborating with the digital marketplace TAEX to release three themed NFTs imbued with interactive features that showcase different aspects of…

Sonic could rally nearly 30% from its current price, driven by the launch of its virtual payments card and its expansion in DeFi through new partnerships. According to analyst Robert Mercer, Sonic has reclaimed key support and is breaking out of a downtrend, setting up for what the analyst labeled as a “programmed” run toward $0.60–$0.70 and possibly even $1. A chart shared by the analyst on X highlighted a bullish breakout from a descending trendline with strong momentum, which is typically a precursor for further upside. Source: X/Robert_Klondike Well-followed trader Crypto Nova echoed this bullish sentiment, noting that Sonic…

U.S. President Donald Trump will deliver remarks at the Digital Asset Summit in New York on Thursday, days after White House signaled interest in stockpiling Bitcoin. President Donald Trump is set to address the Digital Asset Summit in New York City on Thursday, March 20, marking the first time a sitting U.S. president has spoken at a cryptocurrency industry conference. According to a press release, Trump’s speech is scheduled for 10:40 a.m. ET at North Javits and comes amid growing discussion about the U.S. government’s potential involvement in Bitcoin (BTC). “It’s high time that our president started accumulating assets for…

Santiment’s latest analysis shows that crypto markets have historically reacted unpredictably to Federal Reserve interest rate decisions. In a Mar. 20 post, Santiment contributor Brian noted that while some Fed decisions trigger rallies, others lead to sharp declines despite similar policy outcomes. This pattern has been in place since the Fed started sharply raising interest rates in 2022 to combat soaring inflation. The central bank raised rates from near zero in March to 4.50% by December as inflation hit a 40-year high of 9.1%.  Financial markets were shaken by this change, and stocks and cryptocurrencies saw sharp declines. By late…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors are shifting focus to emerging projects like Lightchain AI, drawn by its AI-powered blockchain and early-stage growth potential. With major investors shifting funds away from Ethereum, the spotlight is now on emerging high-potential projects like Solana and Lightchain AI. Solana has gained traction for its high-speed transactions and growing DeFi ecosystem, but Lightchain AI is quickly becoming a standout contender. The project has already raised over $17.9 million at a presale price of $0.007, signaling strong investor confidence…

Binance has updated its fiat trading market maker program by adding a new EUR market tier with a 1% minimum maker volume percentage. According to a recent notice, the crypto exchange platform has introduced a second tier to its EUR markets in Binance’s Fiat Liquidity Provider Program. The EUR market will have two trading tiers instead of one starting from March 24, 2025 at 00:00 UTC. The first tier will require Binance users to meet a weekly maker volume percentage of 0.5%. Meanwhile, the second tier will require users to meet a maker volume of 1%. The maker volume percentage…

The modular DeFi oracle RedStone has denied circulating rumors of partnering with web3 acceleration platform Web3Port and market maker Whisper. RedStone (RED) has dispelled false rumors of partnering with Web3Port and Whisper, stating that neither of these entities have influence on their market activities and have never provided services to RedStone. According to RedStone’s announcement, any claims of the said partnership were false and made without their consent and knowledge. The company demanded that these false claims be removed, but some traces might still be circulating online. Important Clarification: RedStone Does Not Work with Web3Port & Whisper.We want to address…

Ex-SoftBank official Akshay Naheta takes the helm as co-CEO of Bakkt to help revitalize the struggling crypto trading platform. Akshay Naheta, a former SoftBank executive, has joined Bakkt as co-chief executive officer, signaling an effort to turn around the struggling American crypto trading and custody platform. In a March 19 press release, the company said that Naheta, who will also join Bakkt’s board, will work alongside Andy Main, Bakkt’s current CEO. Prior to joining Bakkt, Naheta founded Distributed Technologies Research, a firm focused on building global payments infrastructure. “We believe that Akshay joining the leadership team and integration of DTR’s…