Chainlink recently hosted an exclusive, invite-only event in Washington D.C., bringing U.S. representatives together to discuss how blockchain technology can transform the financial system. Co-founder Sergey Nazarov emphasized the potential of blockchain to modernize the U.S. financial landscape and establish the country as a leader in Web3. The event focused on how U.S. policy could drive innovation in blockchain, aiming to create a more transparent, fair, and reliable financial system. This marks a significant step in Chainlink’s ongoing advocacy for smart policies to harness blockchain’s full potential for economic growth.

February 27, 2025 08:02:26 UTC

Metaplanet Issues 2 Billion JPY in 0% Ordinary Bonds to Purchase Additional Bitcoin

Metaplanet Inc. has announced the issuance of its 7th Series of Ordinary Bonds, totaling JPY 2,000,000,000, following a resolution passed at its February 27, 2025 Board of Directors meeting. The bonds, bearing no interest, will be issued to EVO FUND and used to fund the purchase of Bitcoin, as outlined in previous corporate announcements. Redemption is scheduled for August 26, 2025, but early redemption is possible under specific conditions. The issuance is expected to have a minimal impact on the company’s financial results for the fiscal year ending December 2025.

February 27, 2025 07:34:30 UTC

US House Advances Resolution to Repeal “DeFi Broker Rule” on Digital Asset Reporting

The US House Ways and Means Committee has passed a resolution to repeal the “DeFi broker rule,” which requires brokers to report digital asset transactions to the IRS. The rule, set to take effect in 2027, would extend reporting requirements to decentralized exchanges and mandate brokers to disclose cryptocurrency sales and taxpayer information. Critics, including the DeFi Education Fund, argue the rule is unconstitutional and could harm US leadership in digital assets. The resolution now moves to the Senate for further consideration.

February 27, 2025 07:26:41 UTC

USDT Supply on TRON Reaches All-Time High, Signaling Increased Liquidity and DeFi Activity

The supply of USDT on the TRON blockchain has reached an all-time high, reflecting a significant shift of liquidity toward TRON. This surge indicates that more investors are using TRON to execute transactions and engage with its growing DeFi ecosystem. USDT trading volume on TRON-based exchanges has skyrocketed from fluctuating between 50 million and 500 million in 2020 to around 4 billion today, highlighting TRON’s deepening integration within the crypto ecosystem. Additionally, on-chain transaction volumes have surged fivefold compared to centralized exchanges, emphasizing TRON’s growing decentralized dominance.

February 27, 2025 07:17:37 UTC

Malicious BOM App Steals $1.8M in Crypto, Compromises Over 13K Wallets

A malicious mobile app called BOM has stolen over $1.8 million in cryptocurrency from more than 13,000 victims by accessing private keys and mnemonic phrases. Discovered by blockchain security firms SlowMist and OKX Web3 Security, the app tricked users into granting unnecessary permissions, allowing it to scan device storage and send wallet data to a remote server. The stolen funds were transferred across multiple blockchains, including BNB Chain, Ethereum, and Polygon.

February 27, 2025 07:12:21 UTC

Bitwise Registers Aptos ETF in Delaware, Signaling Potential SEC Filing

Crypto fund manager Bitwise has registered the “Bitwise Aptos ETF” in Delaware on February 25, signaling preparations to file an S-1 registration with the U.S. Securities and Exchange Commission (SEC). Bitwise, known for launching spot crypto ETFs in the U.S., previously introduced its Aptos Staking ETP in Switzerland in November. As the altcoin ETF race heats up, with Grayscale and Canary Capital also filing proposals, Aptos’ APT token rose 8.9% to $6.12 amid a broader market sell-off.

February 27, 2025 06:42:35 UTC

Crypto Fear & Greed Index Hits Two-Year Low as Bitcoin Dips Below $85,000

The Crypto Fear & Greed Index has fallen to its lowest point in over two years, reaching a score of 10 on February 26, as Bitcoin plummeted below $85,000. This marks the lowest level since June 2022, when major crypto collapses occurred. While no major events triggered this plunge, heightened macroeconomic uncertainty, including U.S. tariff threats, has exacerbated market fear. Analysts suggest that this extreme fear could present a buying opportunity, as rising global liquidity historically signals potential Bitcoin growth.

February 27, 2025 06:35:01 UTC

FTX Bankruptcy Fees Near $1 Billion, Becoming One of the Costliest Crypto Cases

FTX’s bankruptcy is proving to be one of the most expensive crypto-related cases, with total fees approaching $1 billion, making it one of the priciest Chapter 11 cases in U.S. history. For comparison, other notable crypto bankruptcies have incurred significantly lower costs: Celsius at $229 million, Genesis at $131.9 million, BlockFi at $81.1 million, and Voyager at $60.1 million. Despite these hefty costs, FTX’s bankruptcy still falls far short of Lehman Brothers’ $6 billion collapse.

February 27, 2025 06:33:01 UTC

Nvidia Revenue Surge, Shares Up 3.67%

Nvidia exceeded Wall Street expectations with a 78% year-on-year revenue increase, reaching $39.3 billion in Q4 of its 2025 fiscal year, driven by high demand for its Blackwell microchips designed for AI and machine learning. Data center revenue accounted for 90% of total revenues, soaring 93% from the previous year. Despite a 1.49% drop in after-hours trading, Nvidia’s stock rose 3.67%, closing at $131.28. CEO Jensen Huang attributes the growth to rapid advancements in AI, positioning Nvidia at the forefront of the AI revolution.

February 27, 2025 06:04:41 UTC

XRP News: Escrow Dump Theory Debunked as XRP Price Soars Despite Releases

The discredited “escrow dump” theory has been put to rest, particularly with XRP’s price surge from $0.50 to over $3.00, despite Ripple’s continued releases of XRP from escrow in late 2024 and early 2025. The small percentage of XRP released from escrow each month has minimal impact on overall daily volume, especially as the circulating supply increases and escrow decreases. Even when XRP’s circulating supply nears 99%, the theory remains baseless.

February 27, 2025 06:03:26 UTC

BlackRock Dumps 5,000+ Bitcoin Worth $423 Million

BlackRock has offloaded more than 5,000 Bitcoin, valued at $423 million, in the last 24 hours. This marks the largest outflow since the launch of its Bitcoin ETF, sparking concerns among investors. The massive sale has led to speculations of Wall Street “rugging” the market, raising alarm about the potential impact on Bitcoin’s price and the broader crypto market.

February 27, 2025 05:51:18 UTC

Iran Cracks Down on Crypto Amid Currency Decline, Imposes Strict Measures on Exchanges

Iran’s central bank has intensified its crackdown on cryptocurrencies as the rial continues to plummet, stopping rial payments on exchanges and imposing new conditions on crypto platforms. Following a sudden halt on rial purchases, the Central Bank of Iran (CBI) imposed limits on cryptocurrency prices and required real-time access to customer data. Critics argue these measures push people toward underground activities, while regulators aim to control the market and reduce currency depreciation. The government’s approach, seen as unbalanced, could further alienate the public and hinder transparency.

February 27, 2025 05:43:25 UTC

Ripple Expands Custody Services in South Korea with New Partnership

Ripple President Monica Long expressed excitement over the company’s new partnership in South Korea, aimed at strengthening its presence in the Asia-Pacific region. Ripple has teamed up with BDACS, a leading digital assets custodian, enabling South Korean institutional investors to access custody services for RLUSD, XRP, and other cryptocurrencies. The deal supports the XRP Ledger ecosystem and enhances the usability of Ripple’s regulated RLUSD stablecoin, providing secure, institutional-grade custody technology.

February 27, 2025 05:38:37 UTC

Pi Networks Price Hit ATH

Pi Coin surged to $3, reaching new all-time highs, but faces potential volatility. The Directional Movement Index (DMI) shows a strong uptrend with minimal selling pressure, while the Bollinger Bands Trend (BBTrend) dropped sharply to -11, suggesting the uptrend may be overextended. Despite this, Pi could test higher resistance levels at $3.5 or $4 in the near term, though a pullback remains possible.

February 27, 2025 05:38:37 UTC

Pi Coin Price Surges 293% Post-Launch

Pi Coin has experienced an impressive 293% surge since its launch, outpacing major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin. The surge follows the launch of Pi Network’s Open Mainnet on February 20, which allowed users to transfer Pi Coin outside the network for the first time. Pi Coin is now listed on prominent exchanges like OKX, Bitget, and CoinDCX. Factors driving the surge include increased exchange listings, a strong community of over 60 million users, and limited token supply. Despite a brief price drop below $1 post-launch, Pi Coin is currently priced at $2.95, with analysts predicting it could exceed $500 by 2030 if it gains real-world usage.

February 27, 2025 05:33:29 UTC

Bybit’s Multi-Sig Signee Linked to Major Crypto Losses

Truth Labs’ investigation reveals troubling connections within Bybit’s Multi-Sig wallets. Funding for Bybit, Mantle, and BitDAO contracts traces back to HTX (Huobi) and Binance, not Bybit itself. Alarmingly, Bybit’s exploited Hot Wallet is tied to Tornado Cash. Further analysis links 69secrets.eth, involved in the downfall of $MIM and $UST, to multiple Bybit Multi-Sig wallets. These findings raise concerns about Bybit’s security and the entities controlling its funds.

February 27, 2025 05:29:02 UTC

Binance Announces MyShell (SHELL) Airdrop and Listing Details for HODLer Airdrops

Binance is thrilled to announce the 10th project on the HODLer Airdrops page, MyShell (SHELL). Users who subscribed their BNB to Simple Earn (Flexible/Locked) or On-Chain Yields products from February 14th to February 18th, 2025, will receive a portion of the 25,000,000 SHELL tokens allocated for this airdrop. Binance will list SHELL on February 27th, 2025, at 13:00 (UTC) and open trading against BTC, USDT, USDC, BNB, FDUSD, and TRY pairs. With a genesis total supply of 1 billion SHELL tokens, 27% will be in circulation upon listing.

February 27, 2025 05:26:54 UTC

Michael Saylor to Discuss How to Pay Off the National Debt With Bitcoin

Michael Saylor, the outspoken Bitcoin advocate and founder of Strategy, will address the question of whether Bitcoin could be a solution to the US’s mounting national debt at the upcoming Bitcoin for America event on March 11th. With the US national debt growing rapidly, Saylor’s vision of Bitcoin as a hedge against inflation, a decentralized financial tool, and a store of value is drawing attention. While his ideas are compelling, concerns around Bitcoin’s volatility, regulatory uncertainty, and scalability remain. Saylor’s keynote promises to spark important conversations on Bitcoin’s role in the broader financial system and debt management.

February 27, 2025 05:13:03 UTC

Ethereum Sell-Off Intensifies as Whales Offload $43M in 48 Hours

Ethereum’s market is experiencing a sharp sell-off as whales panic-sell their holdings. One whale, with the address 0xc725102508c2f7df5bdb5f8ea5242ae18b8a839d, sold 8,074 ETH, valued at $19.63 million, at an average price of $2,431 just 12 hours ago. Another whale, 0x07Fe1752b74395ab1B71D94C46ee121D0a61A26D, deposited 10,000 ETH worth $23.44 million to Binance in the past two days, amplifying market concerns.

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