The digital asset market faced one of its darkest days this February 13, as Bitcoin realized losses were confirmed to have reached 2.3 billion dollars. According to CryptoQuant analyst IT Tech, this massive capitulation event rivals the 2021 crash, marking a milestone of panic among retail holders throughout the globe.
Author: liam
liam
Liam writes about Web3 and decentralized finance, focusing on how protocols, applications, and governance models are used in practice. His coverage centers on real adoption, integration, and the mechanics behind decentralized systems.Market developments and regulatory context are part of his reporting when they intersect with Web3 or DeFi activity.
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Stellar announced the integration with TopNod with the goal of simplifying the onboarding of tokenized real-world assets (RWAs) and stablecoins in Asia and other emerging markets.
Between January and February, multiple wallets linked to Bitcoin miners moved approximately 48,800 BTC, valued at over $3 billion. However, not all of these movements were due to massive liquidations; rather, they were transfers between treasuries and platforms.
During the recent Accelerate APAC event held in Hong Kong, various developers and thought leaders positioned the network of Solana as the ultimate execution layer for internet capital markets. This vision, which seeks to enable the trading and settlement of assets 24/7, aims to eliminate traditional banking intermediaries, consolidating a more efficient global financial ecosystem that is accessible to all institutional actors in the region. The conference, held on February 11, marked a significant narrative shift, moving away from volatile asset speculation to focus on robust technical infrastructure instead. In this sense, the institutional focus predominated in discussions regarding stablecoin…
Google and Mandiant reported that a group of North Korean hackers deployed malware, which uses artificial intelligence, to attack their crypto and DeFi system. The most striking attack involved searching for public blockchains, increasing the risks of direct theft and exfiltration of credentials for custodians, developers, and trading firms.
The Ethereum network is heading towards a profound evolution in how it validates blocks by integrating zero-knowledge proofs (ZK proofs) through the EIP-8025 proposal, an optional change that could make validation faster, cheaper and more accessible without sacrificing security or breaking compatibility with existing nodes.
Solana (SOL) plummeted approximately 38% over the past month, reaching a two-year low near $70. However, market data suggests it may rebound to $100.
Onyxcoin (XCN) continues its downward slide, with metrics showing a 40% increase in outflows from long-term holders. The downward pressure remains, and its price is currently hovering around $0.005098–$0.00523475.
Security researchers are investigating the Phantom wallet after an address poisoning attack resulted in the loss of $264,000 in Wrapped Bitcoin. According to investigator ZachXBT this Wednesday, the incident was enabled by the new messaging feature, which facilitated a phishing scheme that successfully deceived a high-balance investor within the decentralized network.
South Korea’s Financial Supervisory Service has launched a formal investigation against the Bithumb cryptocurrency exchange following a critical operational security incident. The platform mistakenly credited a total of 620,000 Bitcoin units to its users’ accounts, representing an amount exceeding 42.8 billion dollars in non-existent digital assets recently.
