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.

Breaking: Bybit Hit by Massive Hack, $1.5 Billion in Crypto Stolen

One of the largest crypto exchanges, Bybit, has just experienced a massive security breach. Hackers were able to withdraw an estimated $1.5 billion from the platform’s Ethereum cold wallet, leaving the crypto community stunned.

The attackers deployed a sneaky tactic—forging the signing process of the wallet with an imposter yet realistic user interface. The signers of the wallet were viewing what appeared to be a routine transaction, yet embedded in code was a changed smart contract providing the hacker total control.

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Bybit CEO Ben Zhou confirmed the attack, stating that hackers tricked the exchange into approving a transaction that transferred all the ETH in the cold wallet to an unknown address. “Rest assured, all other cold wallets are secure,” Zhou added, trying to calm users.

Even as the stolen funds get swapped and moved around, Bybit insists withdrawals are still working and no other wallets have been affected. The exchange is working with security experts and authorities to track the stolen assets and recover what they can.

Interestingly, blockchain security firm Cyvers Alerts had flagged suspicious activity involving Bybit’s wallets just before the hack. Now, the exchange is asking the crypto community for help in tracing the stolen funds.

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With another massive hack hitting the crypto world, traders and investors are left wondering—how safe is their money?

Vitalik Buterin Frustrated with Ethereum’s Growing Casino Culture

Not happy with the direction of Ethereum, according to Vitalik Buterin. He was speaking during an AMA on Tako, where he admitted to be disappointed by the embrace blockchain casinos and memecoins have found in the Ethereum community.

When asked if he ever felt let down by the Ethereum Foundation or crypto in general, his answer was simple: “Of course.” No one was shocked when he spoke of issues ranging from people thinking Ethereum should fully embrace gambling and speculative assets to throwing shade at Solana, which has been flooded with memecoins over the past year.

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Some Ethereum supporters argue that ignoring trends like casinos and meme tokens could make Ethereum lose ground to faster-growing blockchains like Solana. But Buterin isn’t convinced. He believes chasing hype would be a “moral reversal” for Ethereum, and if things keep going this way, he might reconsider his role in the ecosystem.

Despite his frustration, he noticed something interesting. Online, people seem obsessed with casinos and quick-money trends, but when he talks to the community in person, their values haven’t changed. That’s what keeps him from walking away.

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As Ethereum competes with other blockchains, the debate continues—should it chase trends like gambling and memecoins, or stay focused on building meaningful applications?

Ethereum Gas Fees Hit Record Low, Dropping to $0.40

Ethereum gas fees have fallen to their lowest point since July 5 years ago, reaching as low as $0.40 in the last week. It takes about $0.70 for a straightforward swap on Uniswap, while USDT transfer is as cheap as $0.11, based on Etherscan data.

The drop coincides with Ethereum undergoing critical network upgrades like increased gas limits and the inclusion of blob transactions. Lower fees usually mean less congestion, making it cheaper to use the network.

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At the same time, Ethereum’s price has been struggling. ETH is currently trading at around $2,800, down 15% in the past month, according to CoinMarketCap. Some experts see this as a temporary slowdown before a bigger move.

“When Ethereum fees are this low, it usually means the network isn’t overcrowded,” says Santiment, a market analytics firm. “Reducing gas prices is a bearish indicator of waning activity for some, but it also creates a chance for new users to come into the market.”.

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With transaction costs hitting record lows, it’s becoming cheaper to employ Ethereum-based services and applications. While investors see this as a signal that something is off, others believe it could lead to a new wave of adoption and bring new traffic into the network.

Litecoin’s Pump: ETF Hype and Whales Are Sending It Soaring

Litecoin is making moves, and investors are paying attention. In just over two weeks (Feb 2–19), its market cap jumped 46%, fueled by excitement over a potential Litecoin ETF and heavy whale buying.

A Litecoin ETF would let people invest in LTC like they do stocks—no wallets, no private keys—just simple buying and selling. Recently, CoinShares applied to list a Litecoin ETF on Nasdaq, and now the SEC is reviewing it. Crypto analysts say there’s a 90% chance it gets approved by late of current year as U.S. regulators warm up to crypto.

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But it’s not just ETF speculation—Litecoin’s network is booming. Daily transaction volume has skyrocketed 243% since August, hitting $9.6 billion. More people are actually using Litecoin rather than just holding it.

And then there are the whales. In just two weeks, big investors scooped up $500 million worth of LTC, a clear sign they believe in its long-term value.

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Right now, LTC is holding around $138, with $120 as strong support. If momentum keeps up, we could see $225 soon. But if it dips under $80, the hype train might slow down.

BlackRock Bitcoin ETF Achieves 50% Market Share Despite Market Pullback

BlackRock Bitcoin ETF hits 50% market share during a 3-day sell-off. Bitcoin price holds firm, showing strength independent of ETF flows.



BlackRock Bitcoin ETF is absolutely dominating! The world’s largest asset manager now holds more than 50% of all Bitcoin ETF assets in the U.S., with more than $56.8 billion in assets. This milestone is achieved just over a year after U.S. spot Bitcoin ETFs launched in January 2024.

Despite the recent 3-day sell-off in Bitcoin ETFs, where over $364 million in net outflows were recorded, BlackRock’s iShares Bitcoin Trust ETF (IBIT) took a hit of $112 million but still remains at the top.

ETFs accounted for a huge portion of Bitcoin’s latest surge, making up 75% of new investments as Bitcoin crossed the $50,000 mark. Bitcoin has also been strong. In spite of outflows in ETFs, its price has still been able to remain over $99,000 as of today.

Industry pros like Marcin Kazmierczak from RedStone believe that Bitcoin’s strength is due to other factors beyond ETFs, like market liquidity and institutional accumulation. Some are worried about Bitcoin’s price action being manufactured, with Samson Mow noting the market looks like it’s stuck in a range. Despite that, Bitcoin remains a top player in the crypto scene.

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KuCoin EU Applies for MiCAR License to Expand Operations in Austria & EEA

KuCoin EU is setting up in Vienna, Austria, to expand across the EEA with a MiCAR license. With top crypto execs onboard, they’re pushing for secure, compliant, and innovative crypto services in Europe.



KuCoin is taking big steps in Europe! The global crypto exchange is applying for a MiCAR license in Austria to expand its services across all 30 EU and EEA countries. With this license, KuCoin EU will offer secure, trustworthy crypto services that comply with European regulations.

Austria’s Vienna was selected as the European headquarters for KuCoin due to its firm legal landscape, clear crypto regulations, and accessibility of elite personnel. KuCoin is also conducting recruitment efforts in order to have a solid regional team.

KuCoin EU will abide by all laws when it comes to providing leading digital asset solutions, CEO BC Wong announced. Under the MiCAR license, users in the EU will receive secure and localized crypto services from KuCoin.

For this project, KuCoin has appointed Oliver Stauber (former Bitpanda) and Christian Niedermueller (former CEO of a cryptocurrency exchange) as Managing Directors, with exhaustive experience in finance and law, including aspects that guarantee compliance and growth within Europe.
Both these MDs, after the approval, will enhance the EU’s presence in the international crypto markets, accelerate blockchain adoption while assuring transparency, security, and innovation.

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LTC Skyrockets 46% as ETF Buzz and Whale Activity Fuel Rally

Litecoin pumped 46% on ETF hype and whale buying. CoinShares applied for a Litecoin ETF, and SEC review is underway. Transactions are booming, and whales grabbed $500M in LTC. If momentum holds, $225 is possible.


Litecoin is making waves! The so-called “underrated” crypto just hit new highs, surging 46% this month as ETF hype and whale buying fuel the rally. With CoinShares filing for a Litecoin ETF on Nasdaq, excitement is growing, and the SEC is currently reviewing the proposal. If approved, an ETF would let investors trade LTC like stocks—no wallets, no private keys, just easy access.

Analysts predict a 90% probability the ETF will be approved by late 2025, as U.S. regulators gradually become more comfortable with crypto. But this rally is not mere speculation—Litecoin’s everyday transaction volume has surged to $9.6 billion, a 243% increase from August 2024. Individuals are literally spending LTC, not simply holding onto it.

Meanwhile, whales are making moves. In a two-week period, institutional investors have purchased $500 million worth of LTC, suggesting serious confidence in its long-term value.

Litecoin is trading at around $138 now, with $120 being the crucial support. If the hype continues, analysts are expecting it to go up to $225, but a drop below $80 would kill the momentum.

Everybody’s holding their breath for the SEC—if the ETF happens, Litecoin would take over the entire crypto landscape.

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Kanye West Speculation Sparks 85% Rally in YZY Coin

YZY Coin pumped 85% in 24 hours as it spread like a rumor that Kanye (Ye) would be launching his own crypto. Ye is allegedly going to use YZY for Yeezy products, abandoning websites like Shopify. Sources say Ye holds 70% of supply, using Trump’s TRUMP token model.


Kanye West, now Ye, is back in the headlines—this time for crypto. Rumors are flying that he’s launching his own token, and the market is eating it up. YZY Coin, a little-known memecoin, skyrocketed 85% in 24 hours after speculation that Ye wants to ditch traditional platforms like Shopify and use crypto for his Yeezy brand.

According to reports, Ye’s token will tie into his clothing and business empire, giving fans a way to buy merch without relying on mainstream platforms that cut ties with him over past controversies. Insiders say he holds 70% of the YZY supply, while 20% goes to investors and 10% for liquidity—similar to Trump’s TRUMP coin setup.

Although Ye hasn’t made the token official, his recent interview indicated getting into crypto despite having spoken against memecoins previously. It would put him in the company of other celebrities jumping on the crypto bandwagon despite most such ventures being accused of exploiting fan loyalty.

Will YZY be the next big thing or just another celebrity cash grab? Only time will tell, but for now, the hype is here.

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Coinbase CEO Warns: “You Can End Up in Jail” Over Memecoins

Coinbase CEO Brian Armstrong is throwing up some major 🚨🚨 over memecoins, warning that shady moves like insider trading could land people behind bars. With memecoins pumping and dumping left and right—especially the ones hyped by Trump and Argentina’s President Javier Milei—Armstrong is telling the crypto community to chill and think twice before diving in.

In a tweet, Armstrong made it clear: memecoins might be fun, but they’re not a free pass for sketchy behavior. He called out insider trading in the space, saying that just because Dogecoin made it big doesn’t mean everyone can get away with rug pulls and backdoor deals.

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“Memecoins are just the beginning,” Armstrong tweeted. “Everything is going on-chain—posts, videos, art, stablecoins, contracts—you name it.” But he made it clear that Coinbase has no problem listing memecoins as long as they’re legal and people actually want to trade them. Still, the exchange won’t just list anything—if a token is a scam, it’s getting booted. If it’s just low-quality? That’s up to the community to decide.

But here’s where things get real serious—Armstrong straight-up warned that insider trading on memecoins can send people to prison. He said every bull run has people trying to get rich quick, and a lot of them end up learning the hard way.

His final advice? “Don’t break the law. And don’t chase quick money. The real bag comes from actually building something valuable.”

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Solana on the Edge: Can SOL Hold or Drop to $125?

Solana (SOL) is struggling, and investors are getting nervous. Having shot past way beyond $250 in the past, SOL is now fighting to stay above $170. If it fails to hold the crucial support levels, experts are warning it could fall down to as low as $125.

At the moment, SOL is hovering around $172 after briefly slipping to $169.19, down nearly 5% in the past 24 hours. The biggest concern? A flood of new tokens hitting the market. FTX’s bankruptcy proceedings will soon unlock 11.2 million SOL (worth $9.7 million), adding selling pressure at a time when demand is weak. On top of that, another $1.6 billion in SOL is set to unlock in March, making things even riskier.

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From a technical standpoint, SOL is still stuck in a downward trend. If the $160 support level holds, a bounce back to $180–$185 is possible.But if it does collapse, the subsequent lower point could be $150 or even lower, with the most bearish pushing it down to $125.

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Fueling the speculation, recent examples of scams such as $LIBRA and $TRUMP rug pulls have tested investor faith. For the moment, all are waiting to determine whether or not buyers will panic in and support SOL—or if a worse crash is in the cards.

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