Category: Cryptocurrency

Cryptocurrency is digital money that works online. It lets people send and receive payments directly without banks. It runs on secure networks called blockchains, making it fast and global.

Anatoly Yakovenko: Bitcoin Has No Real Value,Here’s Why

Summary: Solana co-founder Anatoly Yakovenko sparked debate on X saying, “Bitcoin has no value.” He said that unlike stocks or real estate, Bitcoin doesn’t offer future cash flows, therefore is a form of insurance against unprecedented global catastrophes.

Yakovenko put the probability of a superpower falling apart at 1% per year and stated he is willing to invest 1% of his fortune in an asset that could withstand such a collapse. He also took issue with Bitcoin for not having technological advancements in its 15-year history and wondered how its value could be quantified without a definite financial model.

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His statements provoking mixed responses. Some drew comparisons between Bitcoin and gold, a hedge commodity in periods of inflation. Journalist Laura Shin responded that the simplicity of Bitcoin makes it global and that its $1 trillion market cap is evidence of its value.

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Yakovenko insisted, insisting that companies like Apple could be valued by earnings, but Bitcoin cannot be quantified in terms of such metrics. The arguments continue to rage, yet there is one certainty: what is valuable is decided by the market.

SEC Confirms Meme Coins Aren’t Regulated, Warns of Fraud

Summary: The SEC has officially declared that meme coins are not considered securities under U.S. law. In a February 27 statement, the agency clarified that meme coins function as collectibles rather than financial assets since they don’t guarantee profits or income.

While the SEC is not regulating meme coins directly, it warned that fake transactions would be met with prosecution by other officials. The crypto space welcomed this transparency positively, and analysts have indicated that it can bring more investors into the market. Crypto-friendly exchanges such as Coinbase and Robinhood saw small bumps in their stock prices following the announcement.

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Concurrently, politicians are demanding stricter controls. The MEME Act, introduced, would criminalize profiting by public officials from endorsing meme coins. This follows on the TRUMP coin scandal, when its price wildly oscillated following its release.

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The SEC stance brings regulation clarity, even though the threats in the meme coin environment remain, most notably with scams and political activism now more widespread.

Football Legend Ronaldinho Teases Crypto Project Amid Scam Concerns

Summary: Brazilian football icon Ronaldinho warned off users from imposter meme coins being traded in his name and suggested a big crypto-related revelation. His post is well-timed as meme coins lose appeal, with investors gravitating toward utility-based altcoins.

Cryptocurrency analyst Michael van de Poppe, nonetheless, criticized the move, asking Ronaldinho to put efforts toward safeguarding investors rather than coming up with a meme coin.Others worry that whoever helps him create a token could exploit his reputation. These concerns aren’t unfounded—Ronaldinho was previously linked to a crypto scam.

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Celebrity-backed meme coins often fail. Tokens tied to figures like Trump, Iggy Azalea, and Andrew Tate have dropped over 80%, and 97% of meme coins eventually become worthless. Even Binance’s former CEO has warned against them, calling them harmful to crypto’s reputation.

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Despite the risks, meme coins remain part of the industry, and the SEC recently clarified they aren’t securities. Whether Ronaldinho’s project will succeed or fade like many others remains to be seen.

Michael Saylor Stirs Controversy Again With Bitcoin Comments

Summary: MicroStrategy executive chairman Michael Saylor quipped that individuals should “sell a kidney” but hold onto their Bitcoin. His comment comes after Bitcoin fell 19% this month, currently trading at $81,883. With market concerns regarding liquidity, economic uncertainty, and trade tensions, investors are nervous.

Saylor, whose company holds nearly 500,000 BTC, refuses to sell despite MicroStrategy’s $8 billion debt. His tweet got mixed reactions—some laughed, while critics like Peter Schiff called him reckless. This isn’t the first time Saylor has made bold Bitcoin claims; in 2021, he urged people to mortgage their homes for BTC

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Beyond social media, he’s been lobbying U.S. lawmakers to establish a Bitcoin reserve, arguing it could strengthen the country’s financial future. He even tried to get Jeff Bezos interested, calling Bitcoin the key to free markets and personal liberty.

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Despite Bitcoin’s struggles, Saylor remains one of its loudest supporters, willing to go to extreme lengths to convince others to hold on.

Pi Coin Drops 25%—KYC Deadline Sparks Market Panic

Pi Coin crashes 25%, recovers slightly. KYC deadline looms. Crypto market shaky. Can Pi bounce back, or more pain ahead?

Pi Coin just took a major L, crashing 25% in a single day before slightly recovering to $2.41 (still down 12%). The market cap sits at $14.05B, but the 24-hour trading volume dropped 55%, signaling serious uncertainty.

This comes right as today marks the final KYC deadline for Pi holders. KYC verification is a must to move Pi to the Mainnet, and if too many users miss it, circulating supply could get messed up—meaning price swings are incoming.

But it’s not just Pi feeling the heat. The whole crypto market is shaky—Bitcoin is below $80K, Ethereum lost 7%, and big names like XRP, BNB, and Solana are all down. The $1.5B Bybit hack, U.S. tariff worries, and stricter crypto regulations are making things worse.

Even though Pi Coin is still above its $0.61 all-time low, it’s 20% down from its peak. It pumped 30% on Mainnet launch, then crashed overnight. Some dream of $100 Pi, but that won’t happen without more adoption, listings, and trading volume.

KYC closes today. Pi’s future? Uncertain. Will it bounce back, or is this just the beginning of a bigger crash?

Also Read: Bybit Hacker Moves $605M ETH—THORChain Under Fire as Crypto Heist Sparks Chaos

Bybit Hacker Moves $605M ETH—THORChain Under Fire as Crypto Heist Sparks Chaos

Bybit hacker launders $605M ETH via THORChain. FBI confirms Lazarus Group’s role. Devs quit, crackdown incoming, crypto world on edge.

The Bybit hacker is moving fast, already laundering $605M ETH (54% of stolen funds) through THORChain, a decentralized swap protocol now facing major heat. The $1.5B Bybit hack on Feb. 21 is officially the biggest crypto heist ever, with blockchain sleuths confirming North Korea’s Lazarus Group is behind it.

THORChain’s swap volume soared past $1B after the hack, but backlash came fast. A vote to block Lazarus-linked transactions got overturned, leading to core dev “Pluto” quitting and validator TCB threatening to leave if nothing changes.

Meanwhile, the FBI is stepping in, urging exchanges and validators to cut off Lazarus-linked wallets. But THORChain’s founder John-Paul Thorbjornsen says the protocol isn’t at fault, claiming no sanctioned wallets have interacted with it and blocking funds isn’t realistic.


The hacker remains with $514M ETH, and unless a change of circumstances occurs, they can continue sending money anonymously. This hack also points to an underlying issue—bad actors have the ability to take advantage of decentralized platforms since regulators are playing catch-up. Some fear that this will cause governments to squeeze the crypto tighter, especially privacy-focused platforms.

Crypto’s paying attention. Whatever happens next may reshape the landscape.

Also Read: Trade Anything, But Never Your Bitcoin – Michael Saylor

Trade Anything, But Never Your Bitcoin – Michael Saylor

Michael Saylor joked about selling a kidney to keep Bitcoin as prices crash. He’s still pushing BTC, even meeting lawmakers.

Michael Saylor, MicroStrategy’s executive chairman, just dropped another wild Bitcoin take: “Sell a kidney if you must, but keep the Bitcoin.” He was obviously joking, but the timing couldn’t be more dramatic.

Bitcoin has been in freefall, dropping 19% this month, now sitting at $81,883. The entire crypto market is feeling the heat, thanks to low liquidity, shaky global economics, and Trump’s tariff talks. Investors are panicking, but Saylor? He’s doubling down. MicroStrategy holds nearly 500,000 BTC, bought at $66,350 each, despite the company’s $8 billion debt.

Not everyone is vibing with Saylor’s extreme takes. Peter Schiff roasted him, saying, “First, it was maxing out credit cards, now it’s selling organs? Have you no shame?” Some even thought his tweet was from a parody account.

Beyond memes, Saylor is playing the long game. He’s been meeting U.S. lawmakers to push for a Bitcoin reserve, even pitching the idea to Jeff Bezos. For Saylor, Bitcoin isn’t just an asset—it’s a movement.

Will he be right in the end? That’s the billion-dollar question.

Also Read: Bitcoin Crash Wipes Out $2.16B, Recent Buyers Hit Hardest

Bitcoin Crash Wipes Out $2.16B, Recent Buyers Hit Hardest

Summary: Bitcoin’s price dip below $90,000 triggered $2.16 billion in realized losses, with most of the damage suffered by recent buyers, according to Glassnode. Long-term holders remained largely unaffected.

Bitcoin’s sharp drop on February 25 led to massive losses, particularly for those who bought in just before the downturn. Glassnode’s analysis shows that from February 25 to 27, traders lost over $2.16 billion, with short-term holders bearing the brunt of the crash.

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Investors who bought BTC within a week of the crash suffered the most, losing $927 million—42.5% of total realized losses.Those who purchased during the previous month suffered losses of $678 million (31.3%). Traders who entered just 24 hours prior to the drop contributed $322 million (14%).

Long-term investors fared much better. Those who had BTC for six months or longer lost only $6.5 million (0.3%), while those who had purchased a year ago suffered losses of just $3.2 million (0.15%).

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Glassnode further indicated that February 26 was the largest one-day crypto plunge in 2025 thus far since realized losses reached $1.13 billion 25% larger than the former largest loss on February 3. Although the fall has been precipitous, long-term holders continue to own, while newcomers cannot sell.

FBI Links North Korea to Record-Breaking $1.5 Billion ByBit Hack

Summary: The FBI blamed North Korea’s Lazarus Group for orchestrating the record $1.5 billion ByBit crypto exchange hack. The money was reportedly traded for Bitcoin and other cryptocurrency, with the potential that it will be laundered into fiat.

The FBI officially attributed the hacking of ByBit’s $1.5 billion cyber theft last month to North Korea’s Lazarus Group. In its official statement, the agency spelled out how pilfered assets were laundered through thousands of blockchain addresses by hackers, or “TraderTraitor.”.

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ByBit CEO Ben Zhou confirmed on X that the attack targeted the exchange’s ether cold wallet, leaving all other wallets unaffected and withdrawals functioning as usual. Despite the massive breach, the platform’s total assets remain at $5.3 billion.

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Crypto entrepreneur Mario Nawfal called the ByBit hack the largest crypto heist in history. With North Korean cyber threats escalating, global authorities are intensifying efforts to combat digital asset theft.

Ethereum’s Pectra Upgrade Hits Snag on Testnet, Mainnet Timeline Uncertain

Summary: Ethereum’s much-anticipated Pectra update hit a snag in its Holesky testnet deployment on Feb. 24, holding up the originally planned mainnet debut. Developers are working on a fix, but timing remains unclear.

Ethereum’s Pectra update, heralded for such critical improvements as higher staking thresholds, better scaling, and wallet smart features, has encountered trouble. The upgrade went live on the Holesky testnet on February 24 but ran into a critical finalization issue—nodes failed to agree on the next block, halting progress.

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Georgios Konstantopoulos, a key contributor, explained that the problem stemmed from a bug in the deposit contract address, which disrupted block production.Ethereum coders soon set to work creating a patch and getting back to business.

Despite the glitch, the team remains optimistic. “Glad Reth & Erigon went off without a hitch, and in my opinion, NBD for other teams,” Konstantopoulos said, underlining that the ecosystem is going forward together.

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First, the release was to be done in phases, with Sepolia’s testnet going live on March 5 and mainnet on April. With this delay, however, the timeline becomes cloudy. It is being worked on by developers to be addressed as soon as possible, but the Ethereum community will have to wait slightly longer to witness Pectra completely rolled out.

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