Author: cryptotechbro

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Onchain cybersecurity platform Cyvers detected suspicious outflows on Feb. 27 from an address linked to Mask Network founder Suji Yan.According to Cyvers, other flagged addresses had received about $4 million in cryptocurrencies, primarily in Ether (ETH)-linked tokens.The digital assets suspected to have been stolen included 113 ETH, valued at over $265,000 at the time of writing, 923 WETH, 301 ezETH, 156 weETH, 90 pufET, 48,400 MASK, 50,000 USDt (USDT) and 15 swETH.Tracing the compromised transaction flow. Source: Cyvers AlertsFollowing the initial compromise, the funds were then swapped to ETH and funneled through six different wallet addresses, with one of the…

Today, the Senate Banking Subcommittee on Digital Assets hosted its first hearing, entitled “Exploring Bipartisan Legislative Frameworks for Digital Assets,” at which certain members of the subcommittee and crypto industry witnesses predominantly discussed stablecoin regulation. Senator Cynthia Lummis (R-WY), a long-time proponent of the Bitcoin and digital asset industry, presided over the hearing with assistance from ranking member of the subcommittee, Senator Ruben Gallego (D-AZ). The witnesses included Tim Massad, former CFTC Chair and Research Fellow at the Kennedy School of Government at Harvard University; Jai Massari, Chief Legal Officer at Lightspark; Jonathan Jachym, Global Head of Policy and Government…

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VELIZY-VILLACOUBLAY, France–(BUSINESS WIRE)–Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA), the world leader in Virtual Twin Experience, today announced that 3D UNIV+RSES powered by the 3DEXPERIENCE platform will leverage the power of spatial computing to provide a new dimension to virtual twins, with the new “3DLive” visionOS app, available this summer. “Our engineering collaboration with Apple represents a bold advance that reveals the power of 3D UNIV+RSES, where 3D is a universal language for a new world combining real and virtual” Post this To make this vision a reality, Dassault Systèmes has partnered with Apple to integrate Apple Vision Pro into the next…

Bitcoin (BTC) is trading below the $90,000 mark after a bearish month of February, with analysts and investors growing increasingly fearful that the price could drop to even lower levels. The broader market has continued to decline, setting fresh lows as uncertainty grips traders. Top analyst Axel Adler shared insights on X, revealing that the dominance of large players on exchanges has risen significantly. In December 2024, this dominance was at $94K, but it has now climbed to 96% compared to other transactions. Since this metric only accounts for the inflow of the top 10 largest transactions per day relative…

Richard Teng, Binance’s CEO, firmly believes that the current crypto dump won’t last long. Referencing crypto’s historical performance, Teng said that, just like traditional assets, crypto reacts to changes in the outside world, but it also bounces back. In anticipation, we highlight four top new crypto tokens to buy now. Crypto Always Rebounds ‘It’s important to view this as a tactical retreat, not a reversal. Crypto has been here before and bounced back even stronger.’ – Richard Teng said on X Another piece of positive speculation from Teng is that the Fed could very quickly change its stance on rate…

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A Solana price recovery could lag Bitcoin and altcoins. Cointelegraph explains why

Introduction BRC-20 tokens are an experimental and inefficient token standard designed for creating fungible tokens on the Bitcoin blockchain. Inspired by Ethereum’s ERC-20 tokens, BRC-20 tokens leverage the Bitcoin Ordinals protocol to inscribe data onto individual satoshis, making them transferable and tradable. Origins of BRC-20 Tokens The BRC-20 token standard was introduced by a pseudonymous developer named Domo in March 2023. This development came shortly after the launch of the Bitcoin Ordinals protocol in January 2023 by Casey Rodarmor, which allowed users to inscribe data onto individual satoshis, enabling the creation of NFTs on the Bitcoin blockchain. The first BRC-20…