A crypto whale on Hyperliquid, a decentralized trading platform, has gone viral for initiating a $450 million short position on Bitcoin, triggering a public “manhunt” by traders aiming to liquidate the position, as reported on March 17, 2025, based on data from Hypurrscan. At 6:30 AM UTC, the anonymous trader closed two positions totaling 208…
Solana, the layer-one blockchain platform, marked its fifth anniversary since launching its mainnet on March 16, 2020, with a post on its official X account highlighting remarkable achievements, including over 1,300 validators, nearly $1 trillion in trading volume, and more than 408 billion total transactions, according to industry data. Founded in 2017 by Anatoly Yakovenko,…
As of March 12, 2025, the U.S. government controls 195,234 Bitcoin, valued at more than $16 billion, alongside $4.6 million in Ethereum (ETH), stablecoins like USDC, and yield-bearing assets such as DAI and AUSDC_V2, according to a new report from Nansen, a blockchain analytics firm. This substantial crypto portfolio underscores the government’s growing engagement with…
Pavel Durov, the founder of Telegram, has temporarily left France for the first time since his arrest in August 2024, following legal challenges related to the messaging app’s content moderation, as reported on March 15, 2025, by the AFP news agency. Unnamed sources confirmed Durov’s departure, with speculation that he may have been granted temporary…
The non-fungible token (NFT) market has experienced a pullback, mirroring the broader cryptocurrency downturn, with Bitcoin falling to $83,000 and Ethereum dropping to $1,900, as reported on March 15, 2025. The overall crypto market cap has shrunk to $2.73 trillion from $2.83 trillion last week, reflecting heightened market volatility, including U.S. tariff pressures and Bitcoin’s…
Ethena, an Ethereum-based decentralized stablecoin protocol, has surpassed major DeFi platforms like PancakeSwap and Jupiter to become the third-largest protocol by daily fees, trailing only Tether and Circle, according to data from DeFi Llama reported on March 14, 2025. In the past 24 hours, Ethena generated approximately $3.28 million in fees from its stablecoin, USDE,…
Thomas John “T.J. Stone” Sfraga was sentenced to 45 months in federal prison and ordered to pay nearly $1.4 million in forfeiture to the state for defrauding real estate and cryptocurrency investors through a Ponzi scheme, as detailed in a press release from the U.S. Attorney’s Office on March 14, 2025. The restitution amount will…
Paul Chowles, a 42-year-old operational officer with the UK’s National Crime Agency (NCA), has been charged with multiple offenses related to the alleged theft of 50 Bitcoin during an investigation into online organized crime in 2017, according to the Crown Prosecution Service (CPS), as authorized by Merseyside Police on March 14, 2025. Chowles faces 11…
Gemini, a leading cryptocurrency exchange, achieved a new Guinness World Record for the largest aerial display of a currency symbol, using 1,000 drones to form the iconic Bitcoin symbol during a 20-minute show at South by Southwest (SXSW) in Austin, Texas, on March 13, 2025, at 8:10 PM CT. This spectacular event, hosted to celebrate…
MoonPay, a leading cryptocurrency payment platform, has obtained a Money Transmitter License (MTL) from the Wisconsin Department of Financial Institutions, as announced in a press release on March 14, 2025. This approval enables MoonPay to expand its services in Wisconsin, the 20th most populous U.S. state, allowing residents to use MoonPay Balance for fee-free crypto…