Despite a brutal sell-off in crypto markets, Cathie Wood’s Ark Invest is going all in on Coinbase (COIN). On March 11, Ark purchased 64,358 Coinbase shares worth $11.5 million across two major exchange-traded funds (ETFs), even as COIN plunged 17.6% in a single trading session. This move extends Ark’s aggressive buying streak, signaling continued confidence
Daniel E
Daniel E is a blockchain advocate, crypto writer, and Web3 enthusiast passionate about analyzing blockchain trends and market movements. With a degree in Chemical Engineering and experience in content creation and community management, he brings a fresh perspective to the evolving tech landscape.
Social media platform X became the latest target of a massive cyberattack on March 10, with hacking group Dark Storm claiming responsibility. According to cybersecurity firm SpyoSecure, Dark Storm’s leader announced the attack on Telegram before the group’s channel was deleted for violating the platform’s terms of service. Screenshots shared on X show the hackers
Hacking Group ‘Dark Storm’ Claims DDoS Attack on X
A new crypto scam is spreading in Canada, and this time, fraudsters have taken deception to a new level. Using AI-generated content, scammers created fake news articles and interviews that made it seem like former Prime Minister Justin Trudeau had endorsed a bogus crypto investment platform. The goal? To trick unsuspecting investors into handing over
Crypto Scammers Use Fake Trudeau Endorsement to Deceive Investors
The decentralized finance (DeFi) sector is facing a brutal downturn, with Total Value Locked (TVL) plummeting by $45 billion, wiping out all gains made since Donald Trump’s election in November 2024. At its peak on Dec. 17, DeFi TVL stood at $138 billion. Now, just three months later, that number has collapsed to $92.6 billion,
DeFi TVL Drops By $45B, Wiping Out Gains Since Trump’s Election
Coinbase is shaking up the US derivatives market by announcing plans to offer 24/7 Bitcoin and Ethereum futures trading. The move, announced on March 10, introduces perpetual futures contracts with long-date expirations, marking a significant shift for US traders who have long dealt with restricted trading hours and expiring contracts. By entering the crypto-futures space
Coinbase to Roll Out 24/7 BTC and ETH Futures in the US
The European Central Bank (ECB) is pushing ahead with plans for a digital euro, aiming to complete preparations by October 2025. However, ECB President Christine Lagarde has made it clear the project cannot move forward without legislative approval. While the ECB is preparing to finalize the technical and regulatory groundwork, the actual launch remains uncertain,
ECB President Christine Lagarde Confirms The Digital Euro (CBDC) Could Launch By October This Year
Ethereum’s Pectra upgrade hit an unexpected roadblock on the Sepolia testnet after an unidentified attacker exploited an overlooked edge case, forcing the network to mine empty blocks. According to Ethereum developer Marius van der Wijden, the attack leveraged a zero-token transfer loophole, disrupting block production and raising security concerns for future Ethereum network upgrades. Despite
Unknown Attacker Disrupts Pectra Upgrade on Sepolia Testnet
The U.S. Department of Housing and Urban Development (HUD) is reportedly exploring the use of blockchain and stablecoins for tracking and distributing grants. According to a ProPublica report, internal discussions have taken place about using blockchain technology to monitor grant payments and potentially paying grantees with a stablecoin. If implemented, this move could revolutionize federal
US Housing Dept Explores Blockchain, Stablecoins for Grant Payments
Robinhood has agreed to pay $29.75 million to settle multiple regulatory probes from the Financial Industry Regulatory Authority (FINRA), marking yet another legal challenge for the online trading platform. The settlement includes a $26 million civil fine and $3.75 million in restitution to customers, stemming from allegations that Robinhood failed to properly supervise transactions, prevent
Robinhood to Pay $29.75M to Settle US Regulatory Investigations
The crypto market’s notorious volatility struck again, with a massive $619 million liquidated in just 24 hours, sending shockwaves across the industry. One of the biggest casualties? Donald Trump’s crypto project, World Liberty, which has reportedly lost $110 million, according to Arkham Intelligence data. The losses are largely attributed to Ethereum’s price struggles, which accounted
Trump Portfolio Loses $100M in Crypto Market Crash
Bitcoin advocate and Jan3 CEO Samson Mow has once again made a bold prediction Bitcoin could hit $1 million faster than anyone expects. While responding to a White House post promoting Bitcoin, Mow took to X to declare that the market conditions for an explosive rally are rapidly aligning. Mow has long been a proponent
Samson Mow Predicts Bitcoin’s ‘Fast Run’ to $1 Million
The idea of a crypto transaction tax has sparked intense backlash, with David Sacks, the White House Crypto and AI Czar, strongly opposing the proposal. The venture capitalist warned that even a small tax on every crypto transaction could set a dangerous precedent, leading to broader financial burdens in the future. During a recent appearance