Author: Tanishq Bodh
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Bybit Exchange Reportedly Hacked for $1.4 Billion in Ethereum
Bybit, one of the largest cryptocurrency exchanges, appears to have suffered a major security breach, with on-chain analysts reporting over $1.4 billion in unauthorized Ethereum outflows. Suspected Hack: $1.4 Billion in ETH Outflows The exchangeconfirmed that an unauthorized transfer had occurred from one of its cold wallets, reportedly due to a masked UI spoofing attack…
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Bittensor (TAO) Surges After Coinbase Listing, Eyes New Highs
Bittensor (TAO) has surged following its listing on Coinbase, with investors speculating on further price gains amid growing adoption. TAO Listed on Coinbase, Sparks Rally Coinbase has officially added support for Bittensor (TAO), increasing its accessibility to both retail and institutional investors. The listing allows TAO to be transferred and traded on Coinbase and Coinbase…
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Over 100 Billion $QUBIC Burned Following MSVault IPO
Qubic has burned over 100 billion $QUBIC tokens following the successful MSVault IPO, permanently reducing supply and raising questions about the platform’s next steps. Token Burn Follows MSVault IPO Qubic’s MSVault Initial Public Offering (IPO) concluded successfully, with $150,000 worth of $QUBIC spent on purchasing shares. These tokens have now been permanently removed from circulation,…
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ChainGPT Integrates with Hedera to Expand AI-Powered Blockchain Solutions
ChainGPT has announced its integration with Hedera, aiming to leverage AI-driven tools for blockchain development, NFT creation, and smart contract auditing. What Is ChainGPT? ChainGPT is a leading AI infrastructure provider for Web3, offering specialized AI solutions for blockchain, crypto, and decentralized applications. The platform delivers automation tools, smart contract auditing, and AI-powered NFT generation,…
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Binance.US Restores USD Services After Nearly Two-Year Suspension
Binance.US has re-enabled U.S. dollar deposits and withdrawals for the first time in nearly two years, following a suspension triggered by regulatory scrutiny. USD Deposits and Withdrawals Resume Starting February 19, 2025, Binance.US customers can once again deposit and withdraw U.S. dollars, link bank accounts, and trade crypto against USD pairs according to this blog…
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Propbase Launches APEX, Expanding Real Estate Tokenization
Propbase has launched APEX on its Nexus platform, a move aimed at expanding the adoption of tokenized real estate. The product, initially tested in December, has been updated with new features as the company pushes to increase Total Value Locked (TVL) in its tokenized property assets. APEX Launches Amid Growing Interest in Tokenized Real Estate…
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Meteora Co-Founder Ben Chow Resigns Amid Libra Insider Trading Allegations
The Solana ecosystem is facing fresh controversy as Ben Chow, co-founder of DeFi platform Meteora, has stepped down amid allegations of insider trading tied to the Libra meme coin. The accusations have sparked an industry-wide debate on transparency and ethics in crypto markets. Independent Investigation Launched The controversy erupted as members of the crypto community…
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Tether Acquires Minority Stake in Juventus to Bridge Crypto and Sports
Stablecoin giant Tether has entered the sports world with a strategic investment in Juventus, one of Italy’s most prestigious soccer clubs. The move marks a significant step in Tether’s broader vision of merging digital assets with traditional industries. Tether’s Investment in Juventus Tether Investments, the investment arm of the stablecoin issuer, confirmed it has purchased…
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Dubai’s VARA Warns Against Memecoins
Dubai’s Virtual Assets and Regulatory Authority (VARA) has issued a warning about memecoins, emphasizing their speculative nature and potential risks for investors. The regulator cautioned that many memecoins lack intrinsic value, are subject to market manipulation, and rely on social media hype. VARA’s Warning on Memecoins On February 13, VARA released a statement advising investors…
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Abu Dhabi Discloses $437M Stake in BlackRock Spot Bitcoin ETF
Abu Dhabi’s Mubadala Investment Company, one of the emirate’s sovereign wealth funds, has disclosed a $436.9 million stake in BlackRock’s iShares Bitcoin ETF (IBIT), according to a 13F filing with the U.S. Securities and Exchange Commission (SEC). The filing, released on February 9, reveals that the stake was held as of December 31, 2024. The…