Latest news from the Web3 ecosystem
February marked a significant shift in the crypto security landscape, with total losses reaching their lowest point in nearly a year. This trend is attributed to a confluence of factors including reduced large-scale hacks and improved risk management.
The HYPE token, native to the Hyperliquid perpetuals exchange, saw a 5% price increase. This surge is linked to a combination of increased token burns and external market conditions.
Ethereum co-founder Vitalik Buterin suggests AI-powered coding could significantly expedite the network's development roadmap, despite current limitations.
Magic Eden is reallocating resources away from its EVM and Bitcoin NFT marketplaces to concentrate on its new iGaming platform, Dicey.
Trump Media is considering a potential spin-off of its Truth Social platform as the company deepens its engagement in the cryptocurrency sector through its fintech arm, Truth.Fi.
X is implementing a "Paid Promotion" label for advertisers, but has notably excluded cryptocurrency advertisements from this feature in the European Union and the United Kingdom.
Prediction market Kalshi has announced its approach to settling markets related to the confirmation of Iran's Supreme Leader Ayatollah Khamenei's death, ensuring user reimbursement and market resolution.
Samson Mow, CEO of Jan3, suggests Bitcoin is undervalued compared to gold, indicating a potential upward trend for the cryptocurrency.
STRC has implemented a 25-basis-point adjustment to its monthly preferred dividend, bringing the rate to 11.5% through March 2026. This move occurs during a period of significant crypto market decline and broader economic uncertainty.
Despite Bitcoin's significant value fluctuations, institutional investors are increasingly integrating digital assets into their alternative investment strategies, signaling sustained interest in the sector.
The STRC preferred series has seen its annual dividend increase, while MicroStrategy continues an eight-month streak of monthly declines.
Bitcoin's price remains resilient despite escalating geopolitical events in the Middle East and forecasts of rising US inflation, with analysts setting new price targets.