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DeFi trader hit by MEV attack swapped 440K USDC for just 10K USDT Liquidity issues affected users on two decentralized finance (DeFi) platforms today, though for different reasons and with widely differing consequences. In what appears to be user error, three sizable swaps of 220,000, 131,000, and 91,000 of Circle’s USDC stablecoin netted a total of just over 10,000 tethers (USDT) after falling victim to a maximum extractable volume (MEV) bot. The swaps, made via the Uniswap V3 decentralized exchange, were flagged by blockchain security firm Peckshield, which regularly alerts the DeFi community to hacks, phishing attacks, and suspicious transactions. #PeckShieldAlert 220K $USDC -> 5K $USDT pic.twitter.com/dHnMyzxdea — PeckShieldAlert (@PeckShieldAlert) March 12, 2025 Read more: MEV bot to return $7.5M if Rho Markets admits to oracle error While the three affected transactions all come from distinct addresses, a brief look at their transaction hist...

The price of the Ethereum (ETH) cryptocurrency briefly crashed below $1,800 on Monday, sparking concern among Ether investors. The crypto market is in the midst of a massive sell-off, with several cryptocurrencies crashing in price. While ETH has since recovered to above $1,900, the asset is still down 8% in the past week. The last time Ethereum traded below $1,800 was in October 2023, when it was slowly emerging from the two-year-long bear market. There is solid support at current levels, which were fortunately held to prevent the asset from tanking back to bear market lows. However, Ether is now forming what appears to be a double-top chart pattern. Several analysts have warned that if support here is lost, ETH could fall as low as $1,200. However, the ongoing downturn has made investors fearful as Trump’s tariffs on China and Canada take effect from Tuesday. Canada faces 25% tariffs on goods entering the US while China is slapped with 10% tariffs. The US stock market reacted harshly...

In another statement against Bitcoin integration on an economic level, the UK Treasury Department says it has no plans to implement a strategic Bitcoin reserve like the US. According to the department’s office, the cryptocurrency’s volatility make it unsuitable for the United Kingdom, a spokesperson said this week. “Bitcoin and other crypto assets have been historically volatile assets relative to stable fiat currencies like the US dollar and commodities, such as gold,” the spokesperson said. The representative added, “This volatility makes BTC less suitable as a reserve asset for the UK.” Yes to US Bitcoin Reserve, No to UK Bitcoin Reserve At last week’s US crypto summit , Donald Trump’s administration established a strategic BTC reserve alongside a “stockpile” for other cryptocurrencies. The US President serving a second term non-consecutive has announced several updates and executive orders favoring the crypto industry. Thus, the industry has more eyes on it than ev...

The US stock market has struggled, facing increased volatility and concern throughout the year so far. There is no shortage of companies that have seen their share price fall, with talk of a trade war abounding. However, Tesla (TSLA) has been projected to increase, according to TD Cowen, who has said the stock can surge 45% despite its slow start to the year. The EV manufacturer has been one of the hardest hit stocks of the year, with its price on a major downfall. Although there remains a lot of potential in the robotics and autonomous driving sectors, that has yet to pay off in the near term. However, that could change soon. Source: Bloomberg Also Read: Tesla (TSLA) Drops 27% in February: Analysts Answer What’s Next Tesla Could Have 45% Jump in Store, TD Cowen Says In 2024, Elon Musk had publicly aligned himself with the Trump administration, campaigning to return to the White House. The SpaceX CEO played a critical role in making that happen and was rewarded with a position in Donal...

On March 7, prominent crypto analyst Ali Martinez took to X to share a bearish outlook for XRP, pointing to multiple sell signals flashing on the two-week chart via the TD Sequential indicator.  With XRP trading at $2.53 at the time of his post at 10:08 AM UTC, down from $2.60 on March 6 at 16:37 UTC, when the chart was captured, this 2.7% dip has sparked interest. The TD Sequential indicator is flashing multiple sell signals on the $XRP two-week chart, suggesting a potential shift in momentum! pic.twitter.com/SiyV454FIY — Ali (@ali_charts) March 7, 2025 The TD Sequential, a technical tool developed by Tom DeMark, is designed to spot trend exhaustion and reversals. Operating on a two-week timeframe, it’s a slow-moving signal that often marks significant turning points after prolonged moves.  Picks for you Here are the cry...

The Modi government is placing a ledge on the de-dollarization ideals and making way for the US dollar to thrive. BRICS member India has once again rejected the prospects of a new currency and praised the US dollar for maintaining global stability. India’s Foreign Minister S. Jaishankar spoke in favor of the US dollar sidelining the idea of launching a new currency on the global stage. Also Read: The U.S. Dollar is Losing Luster: Reuters Poll India is the only country in the bloc that is moving away from the formation of a new common currency. BRICS members Russia, China, and Iran are aggressively pursuing the agenda to topple the US dollar from the world’s reserve currency status. The alliance is now divided as India is stepping aside and Brazil also revealed that they plan to drop the idea of a BRICS currency. Also Read: US Dollar & Stock Market Weakens as Trump Tariffs Go Live Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for tr...

The stablecoin issuer Tether has hired a new chief financial officer (CFO) and committed to completing a full audit. The veteran finance executive Simon McWilliams will now serve as CFO for Tether, which issues the dollar-pegged USDT, the top stablecoin by market cap. McWilliams will lead the stablecoin issuer toward a full audit and “spearhead Tether’s further commitment to transparency and regulatory readiness,” according to a press release from the firm. Tether didn’t provide a timeline for the audit. The firm already releases quarterly attestation reports with the accounting giant BDO, but it says a full audit will “ensure greater financial integrity and verification of reserves.” The stablecoin issuer has dealt with regulatory issues recently, including failing to gain compliance with the European Union’s new Markets in Crypto Assets (MiCA) regulations, which has led to crypto exchanges delisting USDT in Europe. MiCA esta...

Entering the year, there were few companies that had the kind of expectations Nvidia had. However, two months into 2025, it has failed to live up to that high bar. Now, all eyes are on what could be causing the volatile price movement. As Nvidia (NVDA) dropped another 9% this week, experts say there is one key reason why. There had always been debates on the company’s ability to continue outperforming expectations. Although it has done just that in its Q4 earnings report, traders did not react the way many would expect out of its stellar financials. Yet, there may be one thing holding the stock back. Source: Fortune Also Read: Nvidia (NVDA) Sets Earnings Record, So Why Hasn’t The Stock Followed? Nvidia Falls Monday as Experts Say Stock Could Struggle for One Key Reason With the company’s Q4 earnings set to be revealed, we projected that Wall Street would likely not flock to the company. Indeed, with the bar continually raised, the exceptional financial report saw the stock b...

The cryptocurrency market has been witnessing major shifts over the past couple of days.. After recording meteoric upticks, the industry was once again drowning in losses. Several assets like Bitcoin (BTC) lost major profits over the past 24 hours. After rising to a high of $94,727, the asset dipped back to a low of $82,467.24. While some were concerned about the king coin’s volatility, a few others were looking at the current scenario as a good buying opportunity. El Salvador, a country known for its inclination towards the cryptocurrency, made use of this to boost its BTC stash. Also Read: SUI Cryptocurrency To Reach $10B Market Cap in March 2025? Current Market Source: Watcher Guru Over the past 24 hours, the world’s largest cryptocurrency, dipped by nearly 10%. At the time of writing, the king coin was trading at $84,124.73. It should be noted that Bitcoin surged all the way to a high of $109,114.88. Currently the asset is 23% below this peak. Source: CoinMarketCap Sever...

Tonkeeper, the leading self-custody wallet on The Open Network (TON), has announced that Memhash, a Telegram mini-app that gamifies cryptocurrency mining, has become the first project of its kind to integrate the new TONAPI Airdrop feature, as reported to Finbold on Monday, March 3.  Thanks to the integration, Memhash can reinforce its in-game economy, boost engagement, and simplify future token distribution and rewards. Airdrops in Action: Memhash & the TON Ecosystem@memhash_app is the first project to use TONAPI Airdrop to boost engagement and simplify token rewards. As Web3 adoption grows, TONAPI empowers projects to reach their community. Learn more: https://t.co/WigaevEiI6 — Tonkeeper (@tonkeeper) February 28, 2025 The TONAPI Airdrop on Memhash Designed in-house by the Tonkeeper team, the TONAPI Airdrop is an independent airdrop platform supporting up to 10 million claims and helping projects issue and distribute Jettons, TON’s native token...

Top US-based crypto exchange platform Coinbase is abruptly adding support for one decentralized finance (DeFi) lending protocol built on Ethereum (ETH) and Base. In a new announcement, Coinbase says it’s adding support for borrowing and lending project Morpho (MORPHO), causing the digital asset to rise in price. News of the addition sent MORPHO flying as the crypto asset went from a low of $2.05 on February 27th to a peak of $2.42 just a day later. MORPHO has since stabilized and is trading for $2.21 at time of writing, a 7.9% gain during the last 24 hours. Morpho, which launched in 2022, says it’s using an oracle-agnostic pricing model, meaning that it won’t be tied down to a specific data-feeding source, according to its official whitepaper. “External price feeds, often called oracles, have various designs with different accuracy and security properties. For example, some oracles can provide frequent and accurate price updates, but they...

The US Securities and Exchange Commission (SEC) said that meme coins like Dogecoin and Shiba Inu are not securities, marking a landmark regulatory shift for the crypto industry. The agency’s decision, outlined in a Feb. 27 statement, says meme coins are “akin to collectibles” rather than financial instruments subject to securities laws. “A meme coin is not itself a security,” the regulator said in a statement. ”Meme coins typically are purchased for entertainment, social interaction, and cultural purposes, and their value is driven primarily by market demand and speculation. In this regard, meme coins are akin to collectibles. Meme coins also typically have limited or no use or functionality.” The SEC’s guidance highlights a broader shift in US crypto regulation under the pro-crypto Trump administration, marking a departure from the regulation-by-enforcement approach of former chair Gary Gensler. “This is HUGE,” said The Ko...

Robert Kiyosaki, famed investor and author of the bestselling personal finance book ‘Rich Dad Poor Dad ’, has put forward an optimistic view of Bitcoin (BTC), despite the recent pullback. On February 25, BTC saw a sharp 7% decline, down to $87,000 — a price point last seen in November of 2024. Prices subsequently dropped to $85,810 a day later, following record exchange-traded fund (ETF) outflows to the tune of $940 million. At press time, BTC was trading at a price of $86,310 — having marked an 11.39% drop on the weekly chart that has brought year-to-date (YTD) losses up to 8.12%. Picks for you Cronos introduces new prepaid card withdrawal Features 2 hours ago Stacks’ sBTC token sees increasing adoption by institutional clients ...

Wealthy crypto executives are reportedly scrambling to hire security services after Ledger CEO David Balland was abducted and mutilated over a €10 million ($10.5 million) crypto ransom. That’s according to a report from WIRED which spoke to Adam Healy, a former marine running a crypto-cybersecurity company. Healy claims that demand for these services has grown “considerably.” “Like any human emotion, fear is a significant motivator… The headlines certainly mobilize a lot of that concern,” he said. The report also highlights that hiring bodyguards today is less about flashy displays of wealth. Westminster Security’s Managing Director John Moore says that in 2013, after bitcoin’s surge, excessive security was performative. Now he claims, “ The Bitcoin Boys have grown up . They now go for low-key, covert protection.” Kidnapped crypto trader breaks ankles jumping from 30-foot balcony Read more: Pakistan police officer remanded over USDT theft and kidnapping...

Although we are less than two months into the year, the stock market has certainly underperformed. There is no shortage of companies struggling as geopolitical tensions loom large. However, Broadcom (AVGO) is approaching a unique milestone as it may be set to join the $1 trillion club while still boasting a 47% upside for its stock price this year. Currently, the company has a market value of $952 billion and is sitting just outside the top 10. Interestingly, the semiconductor stock is worth more than major companies like Eli Lilli (LLY), JPMorgan Chase (JPM), Visa (V), and even Walmart (WMT). Yet, with stacked competition, could AVGO make good on its potential this year? Source: AFP 2023 / JEWEL SAMAD Also Read: Broadcom (AVGO) Stock Bucks Trend, Jumps 6%: Here’s Why Broadcom Looks Poised for $1 Trillion Club as Stock Still Has Room to Increase It has been a pretty good year for Broadcom. The stock is up more than 55% in that time and has increased more than 643% over the last five ye...