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He claims the whale was previously arrested for stealing $1 million from two casinos in 2023. Onchain sleuth ZachXBT said he had identified the mysterious whale who profited $20 million from highly leveraged trades on Hyperliquid and GMX as a British hacker going by the name William Parker. According to ZachXBT’s March 20 X post,…
Executive orders can be repealed by future US presidential administrations just as quickly and easily as they were established. Crypto regulations must be enacted through an act of Congress to become permanent and meaningful pieces of legislation, according to former Congressman Wiley Nickel. In an exclusive video interview with Cointelegraph’s Turner Wright, Nickel urged bipartisan…
Move is now the best programming language for verifying the absence of bugs and checking for modifications and leaks, which is how most blockchains get hacked. Opinion by: Alex Nguyen, CEO at VibrantX The Move programming language’s origin is not super cypherpunk. Facebook (now Meta) created Move after the Libra/Diem team compared major smart contract…
AI agents need to focus on utility over cryptocurrency issuance, as their cumulative market capitalization is down 61% from the peak $70.4 billion. Artificial intelligence agents need to prioritize their intrinsic utility, not the launch of their in-house native tokens to raise funds. AI agent-related tokens have significantly declined over the past month, as their…
Ether’s decline below the $1,900 “robust” demand zone may bring significant new buying pressure for the world’s second-largest cryptocurrency. Ether risks another decline below $1,900, which may open up a significant amount of investor demand, which may catalyze Ether’s recovery from its three-month downtrend Ether (ETH) price fell over 52% during its three-month downtrend after…
The trader’s previous bet, nominally worth roughly $200 million, caused millions of dollars in losses for Hyperliquid’s liquidity providers. The cryptocurrency trader whose ultra-leveraged Ether (ETH) trade tested Hyperliquid’s limits on March 12 has entered another multimillion-dollar position, this time in Chainlink (LINK), onchain data shows. On March 14, the anonymous whale, referred to on…
DeFi has scored a victory in Congress, but how can lawmakers match real regulatory concerns with user privacy demands? The decentralized finance (DeFi) industry is breathing a sigh of relief as Congress relaxes reporting obligations, but questions remain about how lawmakers will regulate DeFi. On March 12, the House of Representatives voted to nullify a…
Solana weekly revenue was down to just $4 million last week, after peaking at $55 million during the height of the memecoin frenzy in January. Solana network revenue and total value locked onchain have collapsed in the past two months as interest in memecoins has continued to taper off. Weekly network revenue on the Solana…
Despite being one of three altcoins to be included in President Trump’s Digital Asset Stockpile, Solana continues its price decline. Solana has fallen nearly 29% since the start of 2025, despite the injection of $10 billion in new liquidity and its inclusion in the US Digital Asset Stockpile, according to TradingView data. The decrease comes…
Bitcoin risks triggering $1.13 billion worth of cumulative leveraged long liquidations if it falls below the $82,000 price support. Bitcoin could face increased downside volatility if it closes the week below the key $82,000 support level as investor sentiment remains subdued following short-term disappointment in the US Strategic Bitcoin Reserve. President Donald Trump’s executive order,…