The Altcoin Season Has Begun: CryptoQuant CEO
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The next altcoin season has begun, according to Ki Young Ju, the CEO of CryptoQuant. He notes that the increased trading volume of altcoins, which is now about 2.7 times higher than Bitcoin’s, signals the start of this cycle. In a February 20 post on X, Young Ju pointed out that “BTC Dominance no longer […]
Pi Network’s Token Drops 65% After Mainnet Launch
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The PI token from Pi Network saw a dramatic drop of over 65% after the project’s much-anticipated mainnet went live. On February 20, Pi Network revealed the official launch of its “Open Network,” marking the beginning of a phase where users can access centralized exchanges and interact with businesses outside its original ecosystem. Alongside this, […]
Bybit Exchange Hacked for $1.4B – Withdrawals Still Active but Facing Delays!
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Cryptocurrency exchange Bybit has suffered a massive security breach, losing over $1.4 billion in liquid-staked Ether (stETH), Mantle Staked ETH (mETH), and other ERC-20 tokens. The hack was first identified by onchain security analyst ZachXBT, who urged users to blacklist addresses associated with the exploit. Bybit’s co-founder and CEO, Ben Zhou, confirmed the breach, explaining […]