Hackers hit one of the exchanges - withdrew $1.4 billion in cryptocurrency
Today, February 21, 2025, a cryptocurrency exchange was hacked, resulting in the theft of approximately $1.4 billion in cryptocurrency. The attackers gained access to the exchange's cold wallet containing Ethereum and transferred over 400,000 tokens to unknown addresses. CEO Ben Zhou assured that customer funds remain safe and the exchange continues to operate as normal. However, after the attack was announced, the value of Ethereum fell by 6% and exchange users began to withdraw their funds en masse.
Citibank enters the crypto market: launching digital asset custody services
$BTC $ETH $XRP Citibank, one of the world's largest banks, has announced plans to launch cryptocurrency custody services. The move could be a significant step in the institutional adoption of digital assets. According to bank officials, the new service is aimed at meeting growing demand among corporate clients and institutional investors. Citibank is also considering integrating decentralized finance (DeFi) into its products. The initiative underscores the growing legalization of cryptocurrencies in the traditional financial system. Experts believe that such steps by large banks can significantly increase confidence in the crypto market and contribute to its further development.
The team at popular NFT marketplace OpenSea has announced the launch of its own token, SEA, and a large-scale airdrop for its users. This step is an important milestone in the development of the platform, which is one of the leaders in the NFT space. The SEA token aims to attract new users and encourage the activity of existing ones, providing them with additional opportunities to participate in the OpenSea ecosystem.
Kazakhstan is the second largest cryptocurrency mining center
Kazakhstan is the world’s second-largest cryptocurrency mining country after the United States, thanks to cheap electricity, a key factor for profitable mining. However, the industry’s rapid growth has led to an electricity shortage by 2024. The government has imposed power consumption limits for mining farms and introduced new licensing rules.
Tesla confirms holding $2 billion worth of Bitcoin
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Tesla confirmed in its latest financial report that it owns $2 billion worth of Bitcoin (BTC). Despite market volatility, Elon Musk's company has not sold off its holdings of the digital asset, indicating a long-term strategy to hold the cryptocurrency.
Investors have drawn attention to the new Solana-based CATZILLA project
$BTC $XRP $SOL CATZILLA, a new cryptocurrency project built on the Solana blockchain, has attracted the attention of major investors due to its potential for rapid growth. The project positions itself as a next-generation meme coin that combines elements of gamification and NFTs, offering users unique rewards for participating in the community.
PayPal has announced the integration of cryptocurrencies into its services in Europe, allowing users to buy, sell and store digital assets directly through the platform. The expansion was made possible thanks to the support of EU regulators and growing demand for cryptocurrency services.
$BTC $XRP $SOL Telegram has significantly strengthened its position in the cryptocurrency space, announcing that their cryptocurrency business will exceed $1.3 billion in the first half of 2024. The main driver of growth is the integration of crypto payments in the messenger through TON (The Open Network), which facilitates transactions for more than 800 million active users. This move allowed Telegram to create a new ecosystem for digital payments, including convenient token exchange and support for smart contracts.
$XRP Stripe, a leading payment platform, has announced the acquisition of Bridge, a cryptocurrency company specializing in automating stablecoin transactions. The deal is valued at $1.1 billion. This step indicates the active integration of cryptocurrencies into traditional financial services. Stripe plans to use Bridge to simplify international payments, particularly for small and medium-sized businesses that face high costs for bank transfers via SWIFT.
$BTC $BNB $XRP A Shanghai court has taken an important step for the cryptocurrency sector by recognizing digital assets, including Bitcoin, as a legal form of property. This decision does not mean the legalization of cryptocurrency trading in China, where strict regulatory control and a ban on mining and crypto trading were previously introduced. However, this precedent ensures that cryptocurrencies can be protected by law in matters of ownership. For example, it allows you to go to court in case of fraud or theft of digital assets.
Arkham Intelligence launched a crypto exchange in Ukraine
$BTC $SOL $XRP On November 22, 2024, the company Arkham Intelligence, known for its innovations in cryptocurrency data analytics, announced the launch of a new crypto exchange available in Ukraine. This platform integrates artificial intelligence (AI) to analyze the market and improve trading efficiency. This is an important event, because Ukraine became one of the first countries where access to this technology was implemented.
$BTC $BNB $XRP The American company Hilcorp is starting a pilot bitcoin mining project in the North Slope region of Alaska. The mining center will be located at the base of the Endicott oil field, where residual gas will be used to power the equipment. This innovative solution involves the efficient use of energy resources that are usually released into the atmosphere or burned.
Integration of artificial intelligence (AI) and blockchain
$BTC $ETH $XRP The integration of artificial intelligence (AI) with blockchain technologies has become one of the key trends in the cryptocurrency world. This combination opens up new opportunities for optimizing transactions, creating decentralized applications (dApps), and ensuring security. For example, Fetch.ai uses AI to automate trading and market analysis, allowing for lower transaction costs. Fetch.ai token price increased by more than 210% in the first months of 2024