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@nodachi

605 Following
405 Followers


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Arthur Hayes Suggests Ethereum Rollback to Recover Bybit’s Stolen $1.4B BitMEX co-founder Arthur Hayes proposed rolling back the Ethereum network to reverse the Bybit hack, arguing that Ethereum had already abandoned immutability with the 2016 DAO hard fork. However, many in the community warn that such a move would disrupt DeFi, bridges, stablecoins, and the broader Ethereum ecosystem. While Hayes supports the idea, critics believe it could damage Ethereum’s credibility, forcing it to choose between decentralization and preventing bad actors from keeping $1.4 billion in stolen funds.
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Bybit Hacked: $1.46 Billion in ETH and stETH Stolen Bybit has suffered a major security breach, with hackers draining $1.46 billion worth of ETH and stETH from its cold wallet. CEO Ben Zhou confirmed the attack, stating that other wallets remain secure and withdrawals are functioning normally. The stolen assets are being liquidated on decentralized exchanges, with around $200 million already sold. This marks one of the largest crypto hacks in history, surpassing past exploits like Mt. Gox and CoinCheck. ETH and BTC prices have dropped following the incident.
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Bittensor (TAO) Jumps 20% on Coinbase Listing News Bittensor (TAO) surged 20% after Coinbase announced its listing today on February 20. Already on Binance and Kraken, the AI-focused token could gain further traction with this addition. Backed by Pantera Capital and Digital Currency Group, Bittensor is seen as a key player in decentralizing AI.
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Restores USD Deposits and Withdrawals After Nearly Two Years Binance.US is reintroducing U.S. dollar deposits and withdrawals for the first time since June 2023, following regulatory challenges with the SEC. The exchange, which had been operating as a crypto-only platform, will gradually roll out ACH bank transfers to eligible users starting today. Despite Binance.US seeing its market share drop from 10% to 0.1% over this period, the company views this fiat reinstatement as a major step toward recovery.
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Chainlink (LINK) Whales Accumulate $19M Amid Market Drop Despite a 9% drop in the past 24 hours, pushing LINK to $17.51, whales have accumulated 1.1M LINK ($19M), signaling confidence in the asset. Cardano’s Charles Hoskinson hinted at potential Chainlink integration, reinforcing its importance in bridging on-chain and off-chain assets. With $15.72 as support and $19.75 as resistance, a breakout could push LINK toward $20–$25 in the coming weeks.
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Daily Recap: Curve Finance Founder Raises $5M, Libra Fallout Continues ▻ Curve Finance founder Michael Egorov raised $5M for his new project, Yield Basis, at a $50M valuation, aiming to optimize liquidity for BTC and ETH holders. ▻ Meteora co-founder Ben Chow resigned following backlash over his involvement with the LIBRA memecoin, while the platform launched an insider trading investigation. ▻ Argentina’s President Milei denied promoting LIBRA, claiming he only intended to "spread the word." The token collapsed 95%, and Milei now faces fraud charges. ▻ Hyperliquid launched HyperEVM on mainnet, introducing Ethereum-compatible smart contracts
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Solana Extends Losses, Underperforms Bitcoin Amid Meme Coin Collapse Solana (SOL) has dropped 32% in the past 30 days, significantly underperforming Bitcoin (-8%) and Ethereum (-17%). The decline is linked to the fading meme coin hype, with concerns over pump-and-dump schemes on the network. At $169.74, SOL is down 8.47% in 24 hours and 16.16% over the past week, fueling skepticism about its market sta
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Abstract Chain Investigates Wallet Drains Linked to Cardex Ethereum Layer 2 Abstract Chain is investigating wallet drain reports, with the issue seemingly linked to Cardex, an onchain fantasy game. Abstract assured users that this is not a network-wide breach but advised against interacting with Cardex for now. Users reported losses from a few hundred dollars to over $100K, sparking concerns and accusations of a rug pull. The investigation is ongoing. 📌Powered by V3V Ventures
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Binance founder, CZ, to donate 150 BNB worth $100,000 to help victims of the $LIBRA scam.
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Three New Cryptos Making Waves This Week Several new tokens have gained significant traction this week, with BROCCOLI, FULLSEND, and B3 leading the pack in terms of rapid growth and trading activity. ➤BROCCOLI surged to a $151 million market cap within 24 hours, driven by hype surrounding Binance founder CZ’s dog. It now has over 35,000 holders and 155,000 transactions on BNB Chain. ➤FULLSEND on Solana jumped 260% in value, reaching a $54 million market cap in just four days, fueled by 164,000+ transactions and growing community interest.
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TRUMP Meme Coin Surges as Arthur Hayes Predicts It Could Outperform Bitcoin The TRUMP meme coin surged 13% in 24 hours, reaching $16.87, with trading volume up 102% to $1.5B. Former BitMEX CEO Arthur Hayes suggested TRUMP could rally ahead of Bitcoin, driven by political insiders anticipating pro-crypto policies. Analysts see further upside, with some predicting a potential price doubling. As Bitcoin struggles below $100K, TRUMP continues gaining momentum in both crypto and political circles.
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OpenSea announces $SEA token is coming, historical usage will matter, and US users are eligible.
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CZ Sparks Memecoin Frenzy With Casual Dog Post Binance founder Changpeng Zhao (CZ) inadvertently triggered a memecoin hype after asking about the process of launching tokens. Following his mention of owning a Belgian Malinois, at least four new memecoins—Cleo, Biggie, Semyon, and Maui—were created. One, Cleo, already hit a $2.2M market cap with over 5,570 buyers. The trend highlights how crypto communities rapidly capitalize on industry figures for memecoin launches.
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NYSE Arca Files for Cardano ETF NYSE Arca has filed for a Grayscale Cardano Trust, aiming to launch the first spot Cardano (ADA) ETF with BNY Mellon and Coinbase Custody. The move follows a surge in crypto ETF proposals as the SEC shifts toward a more crypto-friendly stance. Cardano currently holds a $25B+ marke
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Binance Introduces Solayer (LAYER) via HODLer Airdrops and Listing Binance has announced Solayer (LAYER) as the 8th project in its HODLer Airdrops program, rewarding BNB holders with token distributions. LAYER will be listed for trading today on February 11 at 14:00 UTC with BTC, USDT, USDC, BNB, FDUSD, and TRY pairs. The circulating supply at launch will be 210 million LAYER (21% of total supply). Additionally, 30 million LAYER (3%) has been allocated for airdrops, with another 20 million set aside for future marketing campaigns.
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Michael Saylor’s Strategy acquires 7,633 BTC worth $742.4M, at an average price of $97,255.
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VC-Backed Tokens Under Fire as BERA Sparks Debate Berachain's BERA token launch has reignited concerns over "VC coins" with heavy insider allocations. Critics argue that low circulating supply and high FDVs favor early investors, mirroring backlash against Aptos and Starknet. Meanwhile, Hyperliquid’s HYPE token, a non-VC-backed model, has surged 140%, showing a different path. While some VC-backed tokens fade post-launch, long-term success depends on real adoption, demand, and community trust.
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Bitget’s BGB Approaches $8.50 ATH Amid Rising Demand Bitget’s native token, BGB, has surged, outperforming major crypto assets despite broader market declines. The token’s Balance of Power (BoP) and rising RSI indicate strong buying pressure, suggesting potential for further gains. Currently trading at $6.73, BGB must break the $7.80 resistance to reach its all-time high of $8.50. However, a loss of momentum could see it drop to support at $5.97.
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FTX Token (FTT) Rises as Creditor Payments Near, Trend Still Uncertain FTT price has gained momentum following FTX’s plan to start creditor payments on February 18, particularly for Bahamas creditors. The RSI has climbed to 59.2, reflecting growing buying pressure, but ADX remains weak, indicating an unconfirmed uptrend. If FTT breaks resistance at $2.44, it could push toward $3, though failure to hold current levels may lead to further consolidation.
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XRP Ledger Temporarily Halts Block Production Amid Consensus Issue The XRP Ledger stopped producing blocks for about an hour before spontaneously recovering, with Ripple CTO David Schwartz citing a possible network "drift" caused by validation issues. No assets or transactions were lost. The disruption follows previous technical challenges on XRPL, raising concerns about network stability. XRP dropped 8.3% on the day to $2.52.
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