Category: Reviews
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ZachXBT Accuses Axiom Employees of Insider Trading, Polymarket Bettors Number in the Millions
A new investigation claims that employees of cryptocurrency trading platform Axiom abused internal tools to access users’ private data and profit from insider trading. On February 26, blockchain investigator ZachXBT published a detailed report on X accusing Axiom Exchange staff of abusing internal dashboards to track private wallets and trade before users. According to the…
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Circle paid $461 million in distribution fees on reserve income of $733 million in the fourth quarter.
Circle sent 63% of Q4 USDC reserve revenue to distributors, compressing margins. Circle Internet Financial released its fourth-quarter results showing the stablecoin issuer paid $460.6 million in distribution and transaction fees versus $733.4 million in reserve revenue, representing approximately 63% of the gross yield generated by customer deposits. Circulation of the company’s USDC stablecoins reached…
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Bybit expands stablecoin yield and fixed income products
Disclosure: This article does not represent investment advice. The content and materials presented on this page are intended for educational purposes only. As the Crypto Fear and Greed Index collapses, Bybit is doubling down on stablecoin yield and fixed income products to help users generate stable returns amid volatility. As the Crypto Fear and Greed…
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UNI jumps 12% as Uniswap eyes $27M L2 fee rollout
Uniswap governance token holders will vote on a proposal to expand fee sharing to eight additional Layer 2 blockchain networks, according to an announcement from the decentralized exchange protocol. The voting period is expected to run from February 27 to March 1, 2025. The proposal represents the second phase of Uniswap’s fee sharing expansion plan,…
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Centrifuge Token Surges Over 180% After Listing Announced on Upbit Exchange
Centrifuge’s CFG token rose more than 180% after announcing the start of trading on South Korean cryptocurrency exchange Upbit, according to market data. The rally came as broader cryptocurrency markets posted gains, with Bitcoin advancing alongside several major alternative cryptocurrencies. The token then retreated from intraday highs as traders took profits, according to trading data.…
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WLFI eyes 180-day milestone to reshape governance power
WLFI offers 180-day staking, ~2% APR to align governance and arbitrage at $1. World Liberty Financial (WLFI) has outlined a governance reform proposal that would require token holders to stake their assets to participate in voting, according to a proposal document released by the organization. The WLFI governance staking system proposes to tie influence and…
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Vitalik Buterin Details Ethereum Strawmap’s Plan for Faster Slots and Finality
Ethereum co-founder Vitalik Buterin outlined sweeping changes to the network’s core consensus design following the release of the Ethereum Foundation’s new “straw sheet,” a long-term technical roadmap aimed at accelerating Layer 1 upgrades through the end of the decade. Vitalik Buterin explains the vision of Ethereum Strawmap In a detailed article, Buterin discussed one of…
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Indiana Bitcoin Rights Bill Clears Legislature, Awaits Governor’s Signature
Indiana lawmakers passed House Bill 1042, commonly known as the Bitcoin Rights Bill, clearing both legislative chambers and sending the measure to Governor Mike Braun for final approval. Indiana Passes Bitcoin Rights Bill as Crypto Adoption Accelerates If signed into law, the bill would take effect on July 1, 2026 and would allow cryptocurrency investment…
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South Korea arrests two suspects in $1.5 million Bitcoin evidence theft
South Korean authorities have arrested two suspects in connection with the theft of 22 bitcoins held as evidence by the Gangnam Police Station, officials said Wednesday. Suspects arrested as South Korean police investigate disappearance of seized Bitcoin The digital assets, seized in November 2021 and valued at approximately 2.1 billion yen (about $1.5 million) at…
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US Treasury Sanctions Operation Zero for Cybertool Theft
The U.S. Treasury Department has sanctioned a Russia-based “exploit broker” and its affiliates in a high-profile national security action targeting the theft and sale of proprietary U.S. government IT tools, officials said Tuesday. Operation Zero blacklisted by the United States This designation marks the first use of the United States Intellectual Property Protection Act (PAIPA)…