Anmol Khatiwada, Author at Bitmala

5 Big Ways Bitpanda’s VARA License is Changing Crypto in the UAE

Bitpanda Just Got the Green Light in Dubai—Here’s What It Means

Bitpanda just made a massive power move! The crypto platform locked in a Broker-Dealer license from Dubai’s Virtual Assets Regulatory Authority (VARA), making it their first fully licensed expansion beyond Europe.

This means UAE investors can soon trade over 500 digital assets on Bitpanda, including crypto indices and savings plans.

Dubai has been flexing as a global crypto hub, and VARA’s got its back with clear regulations and investor protection. It wants in on the action, setting up a regional HQ at the DMCC Crypto Centre and building a dedicated team for the UAE market. Onboarding for investors is set to roll out in the coming months.

🔹 Why It Matters: In January, Bitpanda also got a MiCA license from Germany’s BaFin, allowing them to operate across all 27 EU countries under a single regulatory framework. With this Dubai expansion, they’re making big moves outside of Europe too.

💬 What They’re Saying:
Deputy CEO Lukas Enzersdorfer-Konrad is hyped about making secure and compliant digital investing accessible in the UAE. Meanwhile, General Counsel Fabian Reinisch praised VARA’s fast-tracked approval, proving that its regulatory-first approach is paying off.

Bitpanda already holds multiple licenses across Europe, including UK FCA registration, a PSD2 E-money license, and MiFID II approval. Now, with VARA in their pocket, they’re leveling up in the Middle East.

The question is: Will Bitpanda’s UAE entry change the game for regional crypto traders? Time will tell. 🚀

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Breaking !Celo (CELO) Braces for $307K Token Unlock—Will Prices Drop Further?

CELO is gearing up for a significant token unlock, and the market isn’t exactly thrilled. Over the past 24 hours, it has dropped 7.28%, now trading at $0.3632. With 851.87K CELO tokens worth about $307.43K set to be unlocked on March 30, investors are keeping a close watch.

The unlocked tokens make up just 0.15% of the circulating supply. So far:

364.02 million (36.40%) remains locked.
562.53 million (56.25%) is already unlocked.
73.46 million (7.35%) is untracked.

When tokens flood the market, prices often dip—and traders seem to be bracing for impact. CELO’s trading volume has fallen 4.91% to $14.53 million, suggesting that investors are hesitant ahead of the unlock.

Celo Price Chart

With 36.40% of its total supply still locked and 7.35% untracked, the real question is: What happens next? If a large portion of the unlocked tokens gets dumped, the token could face further downside.

With just over a day until the unlock, the next 24 hours will be crucial. Can the market handle the extra supply, or is a bigger drop coming? Stay tuned

Also Read: Trader Loses Nearly $1M Trying to Exploit Hyperliquid with JELLY Memecoin – Here’s What Happened

5 Shocking Ways Bybit Hackers Crashed ETH Below $1,900—Panic Selling Ensues!

Ethereum just took a nasty dive, slipping below $1,900, and all signs point to hackers dumping stolen token as the trigger.

Over the past 12 hours, two fresh wallets moved 14,064 ETH through THORChain and Chainflip, later flipping it for $27.5 million in DAI at an average price of $1,956 per 1 token.

According to Lookonchain, these wallets racked up it in multiple transactions before swapping it—one using CoW Swap, the other using Uniswap. Looks like they’re shuffling funds across chains to dodge tracking while securing their bag in stablecoins.

Bybit Hacking Consequences

Traders are freaking out, and analysts believe low liquidity is making things worse. With all this selling pressure, the token couldn’t hold key support levels and plunged another 6.36% today.

As of now, its sitting at $1,890, down over 6% in the last 24 hours. It was already struggling at $1,900, but instead of bouncing back, it cracked further under the pressure.

🤔 Why’s ETH actually dropping?

There’s still no clear reason, but this hacker sell-off is definitely a major factor. With such huge volumes being dumped, it’s no surprise it completely is taking a hit.

Also Read: Coinbase-Backed Web3 Security Platform Harpie Shuts Down—Here’s What Users Need to Do!

Coinbase-Backed Web3 Security Platform Harpie Shuts Down—Here’s What Users Need to Do!

Harpie Calls It Quits

Harpie, the Web3 security powerhouse known for its real-time theft prevention, has officially shut down—effective immediately. The team cited an unsustainable business model as the reason behind the tough decision, leaving users scrambling for solutions.

A Farewell Message to the Community

In an emotional farewell post on X (formerly Twitter), the Harpie team expressed gratitude to their users and the broader crypto space.

“We attempted to create a theft-free crypto ecosystem but unfortunately could not create a sustainable business model around it. We hope we inspired new companies to take the torch of solving this problem.”

While they may be shutting its doors, its vision for a safer Web3 could still influence future crypto security innovations.

What Users Need to Do Now

With services ending immediately, it has issued some critical steps for users:

Fix Transaction Failures – If you’re experiencing transaction issues, disconnect your wallet from Harpie RPC using your wallet’s network switcher.
Recover Vaulted Assets – It has promised a utility tool will be released soon to help users retrieve any locked assets.
Stay Updated – The team will honor all outstanding giveaways from Harpie Season 1 and referral programs. Further updates will be shared via Discord.

Harpie’s Impact on Crypto Security

It wasn’t just another Web3 tool—it was a top-tier security platform backed by OpenSea and Coinbase. The platform provided real-time wallet monitoring and actively prevented crypto theft before it could happen.

Even though Harpie is gone, its legacy will live on, pushing the next wave of Web3 security solutions to evolve. The fight for a safer crypto space is far from over.

Final Thoughts

Harpie shutting down is a massive loss for the Web3 security space. But with crypto scams on the rise, the need for theft-proof solutions is bigger than ever. Whether new players step in to fill the gap remains to be seen.

For now, make sure you disconnect your wallet, recover your assets, and stay updated. The Web3 world never stops moving, and neither should you.

You might also like: Hamster Kombat March 27 Cipher & Combo Card: Boost Your Token Rewards Now!

Trader Loses Nearly $1M Trying to Exploit Hyperliquid with JELLY Memecoin – Here’s What Happened

Trader Tries to Hack Hyperliquid with JELLY, Ends Up Wrecked with $1M Loss

A trader who thought they had found the perfect loophole in Hyperliquid just got rekt—losing almost $1 million in the process.

According to Arkham Intelligence, this person set up three accounts super fast, planning to abuse the exchange’s liquidation mechanics. They placed massive long and short trades, trying to force a payout before they could react.

But here’s where it went sideways—JELLY’s price shot up by 400%, instantly nuking their $4 million short. The trade was so big that it got dumped into Hyperliquid’s liquidity provider vault (HLP). While trying to escape, the trader withdrew funds from their other accounts to protect their winnings.

It wasn’t having it. They locked down the accounts, switched them to reduce-only mode, and then froze and delisted JELLY. The result? Their first two accounts lost all the paper profits, and they’re stuck with a potential $1M hole.

Arkham says they still managed to pull out $6.26M, but at least $1M is stuck. If they can grab it later, they’re only down $4K. Otherwise, it’s a full-blown disaster.

This isn’t even the first time something like this happened. Earlier this month, a whale torched a $200M ETH position, making Hyperliquid’s HLP eat a $4M loss. Looks like traders are testing the limits of leveraged positions, but Hyperliquid is clapping back hard.

Also Read: North Carolina Now Pushes 2 Crypto Bills to Tap 5% of Pension Funds

Hamster Kombat March 27 Cipher & Combo Card: Boost Your Token Rewards Now!

Game Still Popping Off

Hamster Kombat’s tap-to-earn grind is keeping millions hooked, and the hype isn’t slowing down. With new combo cards and daily cipher codes, there are even more ways to stack up rewards and flex on your friends. The player base is growing like crazy, and if you’re not in yet, you’re seriously missing out.

200M+ Players and Counting

Since launching in March 2024, Hamster Kombat has drawn in over 200 million players. If you haven’t heard, the game lets you play as a hamster CEO running a crypto exchange—tapping your way to insane rewards.

🔑 March 27 Cipher Code—What You Need to Know

Today’s secret cipher code is:

“TOKEN”

Here’s how it looks in Morse code for the OGs:

T ▬
O ▬ ▬ ▬
K ▬ ● ▬
E ●
N ▬ ●

Use it before it expires and get those extra rewards!

🔥 March 27 Combo Card Drop

Today’s combo card is fresh off the press! Check your game now to see how it stacks up against your collection. These special cards can help level up your exchange and boost mining profits—so don’t sleep on this drop.

📈 How to Max Out Your Gains

Wanna farm more rewards? Here’s how to optimize your grind:

Mine daily—Even if you don’t feel like it, get those free taps in.
Complete jobs—Extra XP means more coins, simple as that.
Check achievements—Upgrading your exchange and hitting goals unlocks hidden bonuses.
Stay consistent—The more you play, the higher your rewards stack.

Final Thoughts

Hamster Kombat isn’t just a game—it’s a whole movement, and the rewards are only getting better. If you haven’t checked in today, now’s the time to claim your cipher rewards and combo card. The earlier you stack up, the more you’ll earn when big updates drop!

Stay tapped in, and keep mining!

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Breaking !Ripple’s $50M SEC Victory: 5 Game-Changing Moves for Its U.S. Comeback!

SEC Lawsuit Finally Over

Ripple CEO Brad Garlinghouse has announced a major shift back toward the U.S. market after winning the company’s legal battle against the Securities and Exchange Commission (SEC).

Previously, 95% of Ripple’s customers were outside the U.S., but now, the company believes it can strengthen its position at home.

A Long Legal Battle Ends

The SEC sued Ripple in December 2020, claiming XRP was an unregistered security. After years of legal fights, Ripple has officially settled the case. The SEC dropped its lawsuit, agreed to a $50 million fine, and withdrew its appeal.

With this victory, it can now sell XRP to institutional investors without any restrictions, which Garlinghouse called a huge win for the entire crypto industry.

Ripple’s Renewed U.S. Focus

Even during legal troubles, it continued expanding internationally. But now, with the lawsuit behind it, the company is refocusing on the U.S., where many businesses had hesitated due to regulatory uncertainty.

The crypto regulatory environment in the U.S. is changing, with Donald Trump’s administration pushing pro-digital asset policies. Trump recently launched a Crypto Advisory Council, and rumors suggest that Garlinghouse may play a role.

Challenges Still Remain

Despite its legal win, it faces tough competition. The crypto payments market is dominated by stablecoins like USDT and USDC, so Ripple must prove its tech is valuable to U.S. businesses.

Additionally, crypto regulations in the U.S. remain unclear. It must navigate these complexities while competing with other blockchain-based payment solutions.

Looking Ahead

With the SEC battle behind it and regulatory shifts in its favor, Ripple sees massive potential in the U.S. market. The company plans to use its technology, partnerships, and reputation to make XRP a key player in American finance.

Garlinghouse emphasized that Ripple never wanted this legal fight, but had to stand its ground. Now, with victory secured, the company is ready to move forward and establish itself as a major force in the U.S. crypto space.

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ENA’s $3.29M Token Unlock: Will It Ignite a Rally or Not?

ENA Price Heats Up Ahead of Unlock

Ethena’s ENA token is on fire as it nears a major unlock in just an hour. The price has climbed 4.66% in the last 24 hours, currently sitting at $0.4170, with its market cap hitting $2.2 billion. Trading volume has also surged 17.35% to $231.46 million, as traders brace for impact.

What’s Being Unlocked?

This event will introduce 7.93 million ENA tokens into circulation, valued at around $3.29 million. While this amount alone might not be a game-changer, the real concern lies ahead—a massive cliff unlock is coming soon.

A total of 7.93 million of the token, worth $3.29 billion, is about to flood the market. That’s huge, and traders are watching closely to see if the token will hold its ground or face a wave of sell-offs.

How Much ENA Is Still Locked?

51.32% (7.70B ) is still locked.
35.19% (5.28B ) is already in circulation.
13.49% (2.02B ) is “TBD locked” with an uncertain release date.

Who Holds the Supply?

25% – Private investors
30% – Team, advisors, and contractors
17.5% – Ecosystem incentives
15% – Foundation
12.5% – Airdrops and bounties

The Bigger Picture: Ethena’s Synthetic Dollar Vision

It isn’t just about the token—it’s building a synthetic dollar protocol on Ethereum. Their key product, the Internet Bond, aims to be a crypto alternative to traditional savings.

But for now, all eyes are on this massive token unlock. With billions of tokens about to hit the market, the big question remains—will the price keep rising, or is a major dump coming?

Also Read: Lightchain AI Nears $20M Presale as Mainnet Launch Approaches!

Lightchain AI Nears $20M Presale as Mainnet Launch Approaches!

Last Chance to Get In Before Mainnet

Lightchain AI is making waves as its presale enters its final stage, raking in an impressive $18.25 million so far. With only $2 million left to raise and just a few days remaining, the hype is real. Right now, each token is priced at $0.007, marking the last opportunity to invest before the mainnet launch.

What Makes Lightchain AI Different?

This project is shaking things up by combining artificial intelligence with blockchain in a groundbreaking way. The Proof of Intelligence (PoI) model rewards users for performing AI-driven tasks—whether it’s training systems, solving problems, or enhancing AI security.

The Power of AIVM

A major highlight of Lightchain AI is its Artificial Intelligence Virtual Machine (AIVM), which serves as the backbone for AI operations on the blockchain. What sets it apart? It’s designed to continuously evolve, as developers worldwide contribute to its growth. Plus, with ready-to-use APIs and SDKs, it eliminates barriers for developers, making it easy to integrate AI into blockchain applications.

Security, Privacy, and Growing Investor Interest

Lightchain AI is built with robust security and privacy protections, ensuring user trust and data safety. With the testnet already live and the mainnet launch approaching, big-name investors are taking notice.

What’s Next for Lightchain AI?

Beyond the mainnet launch, exciting developments like Lightdex Swap and validator support guides are in the pipeline. As it nears the finish line, Lightchain AI is positioning itself as a key player in the AI-blockchain space, drawing comparisons to projects like XRP and Cardano.

With the presale nearly sold out, this moment could be a game-changer for Lightchain AI.

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5 Powerful Upgrades: SingularityNET’s Key AI Platform Enhancements

Yo, the latest biweekly update from SingularityNET is out, and they’re making some serious moves! Here’s the lowdown on the 5 major upgrades they’re bringing to the Decentralized AI Platform:

1. Daemon Gets an Epic Boost 💪

They’ve made some big improvements to the Daemon, like dynamic reconnection to etcd. What does that mean for you? Basically, the platform will run smoother when metadata changes happen. They’ve also added functional tests for IPFS methods to make things even more reliable.

2. Developer Portal 2.0 🔥

Say goodbye to the old and hello to a fresh new interface for developers! The new portal is super sleek, with easier navigation to find all the info you need faster. No more wasting time trying to dig through endless pages.

3. SDK Updates: NodeJS & Python 🖥️

Big updates to the NodeJS SDK, and the Python SDK has a full makeover too! They’ve reviewed the NodeJS SDK and prepped it for the next release. The Python SDK got major fixes and improvements, plus they’ve added new guides to make it easier for you to use. So much more smooth sailing ahead!

4. Cardano Hardfork: All Systems Go 🚀

SingularityNET is fully ready for the Cardano Chang Hardfork! All nodes are updated, the dbsync component is synced, and everything’s good to go. They’ve even modified all bridge scripts to work perfectly with the new standards.

5. About SingularityNET 💡

For those who don’t know, SingularityNET is all about making AI decentralized, open to everyone, and free from corporate control. Founded by Dr. Ben Goertzel, they’ve got a killer team working on everything from robotics to AI in the arts. They’re building the future of Artificial General Intelligence (AGI).

Its making waves, and these upgrades are just the beginning. If you’re a dev or crypto fan, you’ll definitely want to stay tuned to see what’s next!

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