onomiblock

TLDR ARK Invest purchased 41,032 Coinbase (COIN) shares worth $9.3 million through its ARKW ETF The purchase came as Bitcoin fell to multi-month lows of $88,534 and COIN shares dropped over 20% in a week ARK sold 98,060 shares of its own ARK 21Shares Bitcoin ETF (ARKB) valued at approximately $8.6 million Coinbase recently beat Q4 earnings expectations with a 138% increase from 2023 The SEC has dropped its lawsuit against Coinbase, removing a major regulatory concern ARK Invest, led by CEO Cathie Wood, has made a bold move into the cryptocurrency exchange market by purchasing a large block of Coinbase shares even as crypto prices tumbled to multi-month lows. The investment firm acquired 41,032 shares of Coinbase Global Inc. (COIN) valued at approximately $9.3 million through its ARK Next Generation Internet exchange-traded fund (ARKW). This purchase comes at a time when crypto markets are experiencing heightened volatility. Bitcoin was trading at $88,534, down 3.5% on the day...

London, United Kingdom, February 25th, 2025, Chainwire DTX Exchange , a leading asset trading platform, has confirmed its final presale token price at $0.36 as it enters the closing phase of its token sale. DTX Exchange has raised over $15.1 million during its ongoing presale. As a hybrid trading platform, it has attracted attention within the digital asset sector. With a community of over 600,000 members, the platform is preparing for its next phase, which includes expanded market accessibility and liquidity. The platform has confirmed its final presale token price at $0.36 in the bonus round. This development follows months of platform growth, community participation, and technological advancements. DTX Exchange aims to provide a multi-asset trading environment, offering access to crypto, forex, ETFs, and stock trading. First Hybrid Blockchain Platform Backed By DeFi Features  DTX Exchange is the first crypto-native trading platform designed to bridge the gap between traditiona...

The talking points on cryptocurrency have again been taken over by Dogecoin (DOGE). Its price movements have not caused any excitement among investors. Even though DOGE remains one of the most popular meme coins, it experienced worrying price movements lately. The coin’s value shrank lower than some crucial technical levels, implying there may be future drops. Conversely, Rexas Finance (RXS) seems to be creating a marketing frenzy with its pre-sale in its last phase and an optimistic listing on the way. Rexas seems poised to make big moves starting in 2025. All the while, DOGE is trying to stabilize itself in the market. Concerns Over Dogecoin’s Price Movement Currently, DOGE is trading at $0.265, which, per my technical indicators, is lower than the median price for the week. The support level at $0.28735 was very important for the bulls, but the inability to stay above it renders the coin vulnerable to decreasing even more. Some analysts state that if there is selling pressure for...

TLDR Michael Saylor met with the SEC’s Crypto Task Force to discuss regulatory reforms under the new Trump administration He proposed reducing costs for crypto companies by capping asset-issuing expenses at 1% and limiting maintenance costs to 10 basis points per year Saylor presented a Bitcoin reserve plan that could generate between $16-81 trillion in wealth for the US Treasury to address the national debt The SEC is relaxing its stance on crypto, dropping cases against Coinbase and abandoning an investigation into Robinhood Saylor’s “Digital Assets Framework” categorizes digital assets into six classes to provide regulatory clarity Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), met with the Securities and Exchange Commission’s Crypto Task Force last Friday to discuss regulatory reforms and propose a Bitcoin reserve plan that could help address the US national debt crisis. The meeting comes as the SEC begins to soften its approach toward cryptocurr...

TLDR Solana (SOL) has been on a six-week downtrend, currently trading around $150, down from its peak of $294. A whale transferred 846,613 SOL (worth $127 million) to an unknown wallet, raising concerns about a potential sell-off. Technical indicators suggest SOL could drop further to around $109-$120 if it breaks below the $155 support level. A major token unlock of 11.2 million SOL (worth $1.7 billion) is scheduled for March 1, 2025, likely contributing to price pressure. Despite bearish trends, exchanges have seen a $77 million outflow of SOL in 24 hours, suggesting some whales may be accumulating. Solana (SOL), the fifth-largest cryptocurrency by market cap, has been on a downward trend for six weeks straight. The digital asset is now trading at approximately $150, reflecting a steep drop from its yearly high of $294 reached in early 2025. This decline comes as a major whale moved large sums and a massive token unlock looms on the horizon. The decline intensified when a S...

TLDR U.S. authorities have seized approximately $31 million in cryptocurrency linked to the 2021 Uranium Finance hack The original hack exploited a bug in the platform’s pair contracts, resulting in theft of around $50 million The seizure was a joint effort between SDNY and Homeland Security Investigations in San Diego Uranium Finance was a Uniswap clone that operated on Binance’s BNB chain The platform shut down after the attack, leaving victims without compensation until this recent recovery Law enforcement officials have made a major breakthrough in recovering digital assets stolen during one of the largest decentralized finance (DeFi) hacks of 2021. The Southern District of New York (SDNY) announced on Monday that they have seized approximately $31 million in cryptocurrency connected to the Uranium Finance hack that occurred nearly four years ago. The recovery represents about 62% of the total $50 million that was stolen when hackers exploited a vulnerability in Uranium...

TLDR Ethereum’s Pectra upgrade failed to finalize on the Holesky testnet due to execution client bugs The issue related to how deposit contract addresses were handled by some clients Pectra includes 11 protocol improvements including EIP-7702 for account abstraction features Testing will continue on Sepolia testnet on March 5 before mainnet deployment The upgrade will increase validator staking limits from 32 to 2,048 ETH and boost blob capacity by 50% Ethereum’s latest upgrade, known as Pectra, hit a technical snag on Monday when it failed to finalize properly on the Holesky testnet. The test activated at 4:55 PM ET but could not achieve finality according to data from Beacon Chain. The issue emerged just as developers were starting to test the package of 11 protocol improvements that represent Ethereum’s most important update in almost a year. Finality is a key concept in Ethereum where transactions become irreversible after about 13 minutes. Without finality, the network c...