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Why is Cardano (ADA) price up today?

Why is Cardano (ADA) price up today?

Cardano (ADA) has recovered strongly, bouncing 60% from a low of $0.64 on March 2 to reach a 12-week high of $1.19. The rebound comes after President Donald Trump directed a working group to “move forward” with establishing a Crypto Strategic Reserve including Solana , XRP and ADA.Let’s take a clos…

Biggest CME gap ever at $85K: 5 things to know in Bitcoin this week

Biggest CME gap ever at $85K: 5 things to know in Bitcoin this week

Bitcoin is back with a vengeance this week as US President Donald Trump appears to confirm the strategic crypto reserve.Bitcoin price action abandons its slump to seal a $10,000 daily “green” candle, and a giant CME futures gap.Trump champions the reserve in advance of the first White House crypto …

Bybit hackers move over half the stolen ETH onto Bitcoin, largely using ThorChain

Bybit hackers move over half the stolen ETH onto Bitcoin, largely using ThorChain

MetaMask Head of Security Taylor Monahan said the Bybit hackers have moved at least 209,384 ETH (~$480 million) onto Bitcoin, in a message to The Block. That represents more than half of the approximately 400,000 ETH taken from the exchange — not including the other drained tokens. At least $240 mil…

Former Congressman McHenry to join a16z as senior adviser

Former Congressman McHenry to join a16z as senior adviser

Former Congressman Patrick McHenry, who spent the last few years of his political career advocating for the crypto industry, announced through an X post on Feb. 26 that he is joining venture capital firm a16z as a senior adviser.McHenry added, “For too long, D.C. has created barriers for startups an…

Safe releases post-mortem update, CZ criticizes response

Safe releases post-mortem update, CZ criticizes response

Safe, the developer of the SafeWallet multisignature product used by Bybit, has released a short post-mortem update explaining the root cause of the recent Bybit hack — a compromised developer machine. The announcement prompted a critical response from Binance co-founder Changpeng “CZ” Zhao.Accordin…

Moss Genomics Announces Genomics Business Update, Integrating Blockchain for Genomic Security and Transparency

Moss Genomics Announces Genomics Business Update, Integrating Blockchain for Genomic Security and Transparency

Vancouver, British Columbia--(Newsfile Corp. - February 25, 2025) - Moss Genomics Inc. (FSE: F73) (the "Company" or "Moss Genomics") is pleased to provide an update on its business strategy and the continued development of its genomics-focused initiatives. As the Company advances its product roadma…

Bybit’s ETH Reserves Rebound, But Bitcoin and USDT Holdings See Major Declines

Bybit’s ETH Reserves Rebound, But Bitcoin and USDT Holdings See Major Declines

Bybit suffered a significant security breach last Friday, losing 401K ETH – worth around $1.4 billion – in one of the largest crypto heists in history. The attack has been widely attributed to the North Korea-linked Lazarus Group, a notorious hacking entity responsible for multiple high-profile cryp…

Bybit’s Record $1.5B Hack & How Best Wallet Token Is Redefining Crypto Security

Bybit’s Record $1.5B Hack & How Best Wallet Token Is Redefining Crypto Security

The famous crypto firm and exchange, Bybit, has been hit by possibly the biggest crypto theft in history. The Dubai-based company said that hackers managed to steal $1.5B worth of digital currency.The attack, which was apparently carried out by North Korea’s Lazarus Group, was a highly sophisticated…

Bybit Ether reserves near 50% pre-hack levels after $295M ETH buy

Bybit Ether reserves near 50% pre-hack levels after $295M ETH buy

Bybit has regained half of its Ether reserves following a $1.4 billion cryptocurrency hack that sent shockwaves through the global Web3 industry.On Feb. 21, Bybit exchange was hacked for over $1.4 billion worth of liquid-staked Ether (STETH), Mantle Staked ETH (mETH) and other ERC-20 tokens, resulti…

Bybit's Ethereum (ETH) Reserves Recovering

Bybit's Ethereum (ETH) Reserves Recovering

According to data provided by crypto analytics platform CryptoQuant, Bybit's Ethereum reserves are in the process of recovering.Bybit's ETH reserves plunged from 443,691 ETH to just 63,807 ETH following the devastating $1.4 billion hack that took place Friday.The exchange's reserves have now recove…

Beiko: We Cannot Roll Back Ethereum

Beiko: We Cannot Roll Back Ethereum

Tim Beiko, one of Ethereum's lead developers, has clarified that the blockchain cannot be rolled back following the devastating $1.4 billion hack that took place Friday.As Beiko explained, there was no issue with the Ethereum protocol. "From the perspective of the Ethereum protocol, there is nothing…

Ethereum (ETH) Death Cross Finalized, but Price Goes Up

Ethereum (ETH) Death Cross Finalized, but Price Goes Up

A death cross, when the 50-day moving average crosses below the 200-day moving average, has been formally confirmed by Ethereum. The indicator could be a herald of progressing pressure on the market, pushing Ethereum even lower. However, things are turning surprisingly good for the second-biggest cr…