Cardano’s (ADA) price continued its downtrend on March 31, down 4.5% over the last 24 hours to trade at $0.6529. The altcoin is down 10% over the last seven days and 45% from the March 2 high of $1.19. ADA/USD daily chart. Source: Cointelegraph/TradingView Several factors are behind Cardano’s underperformance, including: Decreasing network activity and …
Monthly Archives: March 2025
Stop pretending technical and human vulnerabilities are separate things
Opinion by: Andrey Sergeenkov, researcher, analyst and writer Crypto founders love big promises: decentralized finance, banking the unbanked and freedom from intermediaries. Then hacks happen. In some cases, billions vanish overnight. On Feb. 21, 2025, the North Korean Lazarus Group stole $1.46 billion from Bybit. They sent phishing emails to staff with cold wallet access. …
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South Korean crypto exchange users hit 16M in ‘saturation point’
Crypto exchange users in South Korea have crossed over 16 million after receiving a boost following US President Donald Trump’s election win last November. Data submitted to representative Cha Gyu-geun of the minor opposition Rebuilding Korea Party found over 16 million people had crypto exchange accounts out of a total population of 51.7 million, according …
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Japan to classify cryptocurrencies as financial products: Report
Japan’s finance regulator is planning to change the country’s laws to classify cryptocurrencies as financial products as early as 2026, according to the local outlet Nikkei. The Financial Services Agency (FSA) plans to submit a bill to parliament to revise the Financial Instruments and Exchange Act as early as next year after having considered the …
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California introduces ’Bitcoin rights’ in amended digital assets bill
A Californian lawmaker has just added Bitcoin and crypto investor protections to a February-introduced money transmission bill aimed at securing crypto self-custody rights for the US state’s nearly 40 million residents. California’s Assembly Bill 1052 was introduced as the Money Transmission Act on Feb. 20, 2025, but was amended by Democrat and Banking and Finance …
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DeFi protocol SIR.trading loses entire $355K TVL in ‘worst news’ possible
Ethereum-based DeFi protocol SIR.trading, also known as Synthetics Implemented Right, has been hacked, resulting in the loss of its entire total value locked (TVL) — $355,000 at the time of the attack. The March 30 hack was initially detected by blockchain security firms TenArmorAlert and Decurity, both of which posted warnings on X to alert …
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MARA Holdings plans huge $2B stock offering to buy more Bitcoin
Bitcoin miner MARA Holdings Inc (MARA) is looking to sell up to $2 billion in stock to buy more Bitcoin as part of a plan that bears a resemblance to Michael Saylor’s Strategy. MARA Holdings, formerly Marathon Digital, said in a March 28 Form 8-K and prospectus filed with the Securities and Exchange Commission that …
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Android malware ‘Crocodilus’ can take over phones to steal crypto
Cybersecurity firm Threat Fabric says it has found a new family of mobile-device malware that can launch a fake overlay for certain apps to trick Android users into providing their crypto seed phrases as it takes over the device. Threat Fabric analysts said in a March 28 report that the Crocodilus malware uses a screen …
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One in four S&P 500 firms will hold Bitcoin by 2030: Crypto advisory
Around a quarter of firms listed on the S&P 500 would have invested in Bitcoin by 2030, with treasury managers fearing they could lose their jobs if they missed out on potential Bitcoin gains, a partner at a tech-focused financial advisory firm said. “I anticipate that by 2030, a quarter of the S&P 500 will …
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Bitcoin falls to $81.5K as US stock futures sell-off in advance of Trump’s ‘Liberation Day’ tariffs
Bitcoin looks set for a bearish open to mark the last trading day of March and possibly the weakest Q1 performance since 2018. Crypto and stock traders’ anxiety over US President Donald Trump’s fresh wave of 25% tariffs on cars imported to the US, the threat of tariffs on the pharmaceutical industry is clearly reflected …