Author: Ethan Carter

A crypto donation that was worth $200,000 in 2018 has surged to an extraordinary $39 million, yet the BNB remains untouched in a wallet dedicated to Malta’s terminal cancer fund.The remarkable rise in BNB’s value has transformed the donation into a significant amount, but what is its status since being transferred six years ago?Sponsored SponsoredA $200,000 Crypto Donation Becomes a FortuneIn 2018, Binance and its users donated approximately $200,000 worth of BNB to a wallet established for Malta’s terminal cancer fund. Since that time, the value of BNB has skyrocketed. The wallet’s balance now hovers near $39 million, according to…

Citi is said to be gearing up to launch a crypto custody service by 2026, aligning with a growing trend among Wall Street firms that are venturing into bitcoin and other cryptocurrencies due to a more favorable regulatory environment in the U.S. Biswarup Chatterjee, Citi’s global head of partnerships and innovation for its services division, informed CNBC that the bank has been working on its custody solutions for more than two years and aims to launch them “in the next few quarters.” This service would enable Citi to hold native bitcoin and other cryptocurrencies on behalf of its clients, marking…

Crypto analysts suggest that the significant weekend leverage flushout, which erased billions from the crypto markets, may have set the stage for “altseason 3.0.”“Every major growth phase in crypto has seen sharp resets of 30% to 60%,” noted analyst and researcher “Bull Theory” on Monday.In March 2020, markets saw nearly 70% erased during the pandemic-induced crisis, and May 2021 experienced a loss of over 50%. At least five additional altcoin declines of 30% to 40% occurred during the previous bull market cycle.The market crash in April this year led many to declare the onset of a bear market. However, “each…

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The Hyperliquid whale that profited $192 million from shorting the recent market downturn has intensified their position, now amassing nearly half a billion within the last two days. As reported by Hyperliquid block explorer Hypurrscan, the whale’s current short position stands at approximately $496 million, utilizing 10x leverage with a Bitcoin (BTC) liquidation price set at $124,270. Mysterious whale reinforcing their Bitcoin short. Source: HypurrscanThe whale has significantly increased their stake since yesterday, having initially entered the market with $163 million. This marks another bold move against the market in the past week. Related: 3 reasons why a Bitcoin rally…

Sure! Here’s the rewritten content while keeping the HTML tags intact: Strategy has acquired an additional 220 Bitcoin, reinforcing its position as the largest corporate holder, as the cryptocurrency shows robust price activity near the $115,000 support threshold. Summary Strategy has purchased 220 BTC for $27.2 million, increasing its total holdings to 640,250 BTC valued at $73 billion. The acquisition was funded through stock offering programs as Bitcoin remains above $114,000. Global corporate adoption of Bitcoin is rising, with 188 public companies now holding Bitcoin. Per an announcement dated Oct. 23, Strategy Inc. added 220 Bitcoin (BTC) to its reserves…

The cybersecurity nonprofit, Security Alliance, has unveiled a new tool designed to aid security researchers in confirming crypto phishing attacks, which resulted in over $400 million in losses during the first half of this year.On Monday, the Security Alliance (SEAL) announced that it had been developing a tool to empower “advanced users and security researchers” to combat crypto phishing by verifying reported phishing websites as malicious.Cybersecurity researchers frequently face challenges in seeing or reproducing the content that users encounter when they click on potentially harmful links, as scammers have integrated “cloaking features” to display innocuous content to suspected web scanners.SEAL’s…

The nonprofit organization, Security Alliance, has introduced a new tool aimed at aiding security researchers in validating crypto phishing attacks, which resulted in over $400 million being stolen in the year’s first half.On Monday, the Security Alliance (SEAL) announced that it developed a tool for “advanced users and security researchers” to combat crypto phishing by confirming whether a reported phishing site is indeed malicious.Cybersecurity researchers often lack clear visibility into what users experience when they encounter potentially harmful links, as scammers utilize “cloaking features” to deliver benign content to suspected web scanners, they noted.The new tool, known as the “TLS…

Opinion by: Lynn Nguyen, CEO of SarosDecentralized exchanges (DEXs) on Solana have consistently led trading volume charts, surpassing those on competing chains such as Ethereum, Base, and BSC.The majority of this trading volume increase can be attributed to memecoins. While they have demonstrated product-market fit in the crypto space, only a select few have shown resilience through different market cycles.To maintain their leadership, Solana DEXs must also prove their ability to withstand shifting market dynamics and transient trends.This includes cultivating more robust and liquid markets for enduring assets like Bitcoin, achieved by enhancing the depth and variety of their liquidity…

According to onchain analytics platform Santiment, “smart traders” accumulated more Bitcoin and altcoins last week as retail investors overreacted to President Trump’s announcement of a 100% tariff against China.Santiment analyst Brian Q stated in a blog post on Monday, “Retail’s emotions often dictate that Bitcoin’s and altcoins’ prices are about to do the opposite.”The crypto markets faced a downturn on Friday following Trump’s tariff announcement. Brian Q noted that this event was one of four key dates this year that sparked peak crowd fear.Other instances included one in April when the first global tariffs were announced, as well as in…