Crypto News
After Genesis Sale Approval Bump, Grayscale Bitcoin Trust Sell-Off Slows
Grayscale's GBTC has seen nonstop outflows totaling $7.4 billion since its ETF conversion.Source link
Kyberswap Hack: Blockchain Security Firm Reports Movement of 800 ETH From Exploiter’s Address
Blockchain security firm Peckshield revealed on Feb. 26 that an exploiter labeled address associated with the Kyberswap hack had bridged approximately 800 ether tokens from Arbitrum to the Ethereum blockchain. On the same day, the Kyberswap team unveiled revised dates for reimbursing users impacted by the hacking. Kyberswap Hacker Starts Moving Funds Peckshield Alert, aSource link
Ether is Now the Largest Institutional Crypto Asset: Bybit Research
Ether is now the largest single asset held by institutions, with Bybit speculating that this may be because of an upward swing from the Dencun upgrade.Source link
Bitcoin Breaks $54,000 Barrier for First Time Since 2021, Eyes Historic Highs Ahead of Halving Event
The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% againstSource link
Bitcoin Funds Gain $600M as ETFs Remain Hot Despite Slight Slowdown
Crypto funds like the new Bitcoin ETFs continue to receive inflows—but at a slower rate than the torrent seen earlier this month.Source link