Day

March 21, 2025

Hacker steals $8.4M from RWA restaking protocol Zoth

March 21, 20250
Real-world asset (RWA) re-staking protocol Zoth suffered an exploit leading to over $8.4 million in losses, leading the platform to put its site on maintenance mode. On March 21, blockchain security firm Cyvers flagged a suspicious Zoth transaction. The security firm said that the protocol’s deployer wallet was compromised and that the attacker withdrew over $8.4...

Bitcoin NFTs, layer-2 and restaking hype ‘completely gone’

March 21, 20250
A Bitcoin layer-2 executive explained how Bitcoin narratives that were “overhyped” have now wholly vanished while the ecosystem develops. In a Cointelegraph interview, Bitlayer co-founder Charlie Hu laid out three Bitcoin narratives that he believed were overhyped. This included narratives that surrounded Ordinals, layer-2s and re-staking. According to Hu, one of the overhyped narratives in Bitcoin was...

South Korea eyes KuCoin, BitMEX in crypto exchange crackdown

March 21, 20250
South Korean authorities are reportedly looking into blocking crypto exchange platforms that may have operated without adhering to the requirements set by the country’s financial regulator. On March 21, local media Hankyung reported that the Financial Intelligence Unit (FIU) of the Financial Services Commission is considering sanctions against crypto exchanges for allegedly operating in the country...

XRP price chart hints at 75% gains next as SEC ends lawsuit against Ripple

March 21, 20250
XRP (XRP) price has recovered by almost 30% in the last two weeks, led by a crypto market rebound, and Ripple’s long-running legal battle against the US Securities and Exchange Commission (SEC) comes to an end.XRP/USD daily price chart. Source: TradingViewThe cryptocurrency’s rebound is also occurring inside the confines of a classic bullish continuation pattern,...

44% are bullish over crypto AI token prices: CoinGecko survey

March 21, 20250
Nearly half of crypto pundits in a recent survey are bullish over crypto AI tokens prices — which could bode well for the $23.6 billion crypto market sector. Of the 2,632 respondents surveyed by CoinGecko between February and March, 25% were “fully bullish,” and 19.3% indicated they were “somewhat bullish” for crypto AI tokens in 2025....

ETH mega pump coming? Ether on exchanges falls to near-decade low

March 21, 20250
Ether’s supply on crypto exchanges has dropped to its lowest level since November 2015, leading some analysts to predict a major price rally despite recent bearish sentiment.“Ethereum’s holders have now brought the available supply on exchanges down to 8.97M, the lowest amount in nearly 10 years (November, 2015),” crypto analytics platform Santiment said in a...

Trump’s crypto czar meets UAE’s national security adviser on crypto, AI

March 21, 20250
White House crypto and AI czar David Sacks was among a number of Trump administration officials who recently met with United Arab Emirates officials to discuss emerging technologies and UAE’s potential plans to increase its investment in the United States. Sheikh Tahnoon Bin Zayed Al Nahyan, the Gulf nation’s national security adviser and brother of the...

Australia outlines crypto regulation plan, promises action on debanking

March 21, 20250
Australia’s government, under its ruling center-left Labor Party, has proposed a new crypto framework regulating exchanges under existing financial services laws and has promised to tackle debanking.It comes ahead of a federal election slated to be held on or before May 17, which current polling shows is shaping up to a dead heat between Prime...

Here’s why Bitcoin price can’t go higher than $87.5K

March 21, 20250
Bitcoin (BTC) is being capped at $87,500 thanks to manipulation by one or more whales, new analysis says.The latest market coverage by trading resource Material Indicators on March 20 reveals why BTC/USD is stuck in its current range.“Spoofy the whale” gets blame for BTC price rangeBitcoin has managed to sustain $80,000 as support for more...

Bad news Bitcoin bulls, the long-hoped-for retail is already here: CryptoQuant

March 21, 20250
Bitcoin bulls who still think the cycle peak has yet to come as retail investors haven’t piled in yet might be using an outdated playbook, according to a crypto executive.“The idea that the cycle isn’t over just because onchain retail activity is absent needs reconsideration,” CryptoQuant founder and CEO Ki Young Ju said in a...
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