BlackRock’s Bitcoin Holdings Exceed $6 Billion
BlackRock’s Bitcoin holdings surpassed $6 billion on February 15, while spot Bitcoin ETFs saw a net inflow of $477 million. Spot Bitcoin ETFs received an additional substantial inflow of over $477 million, marking the fifteenth consecutive inflow as supply continues to fall short of demand. The holdings of BlackRock’s iShares Bitcoin ETF surpassed $6 billion, […]
Coinbase Turns Profitable for First Time in Two Years
This week, Coinbase Global Inc. saw a 17% boost as a result of multiple analysts’ positive reevaluations of the company’s financial stability. According to Bloomberg, analyst Kenneth Worthington of JPMorgan changed his opinion on the company’s shares from negative to positive, following Bitcoin’s surge in value to over $50,000 earlier this week—its highest level since […]
Klaytn, Finschia Merge to Forge Asia’s Largest Web3 Ecosystem
Blockchain network Klaytn completed its merger with Finschia, creating a Web3 ecosystem of more than 250 million Asian wallet users. With the help of over 45 businesses, 420 decentralized apps (dApps) and services, and more than 250 million wallet users, the merger seeks to establish a web3 ecosystem in Asia. The combination, which was announced […]
PlayDapp Breach 8th Largest Hack in Crypto History at $290m
PlayDapp’s smart contract exploit enters its fifth day, accumulating over $290 million in losses, marking the largest hack since 2022. The PlayDapp security breach was previously reported, when an unauthorized addition to the PLA token’s minting address was identified by several security analysts, immediately plummeting the token’s value. The incident has continued to unfold throughout […]