Massive X Cyberattack: Here’s Who’s Responsible

A widespread outage hit X on Monday which affected users across the world. Many experienced connectivity problems early in the day, with error messages appearing on their screens. Downdetector tracked a peak of 40,000 complaints as the service remained unstable for several hours. A hacker group with alleged Russian ties, known as Dark Storm, has…

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Base on-chain activity and future catalysts point to Q2 growth: Nansen

Base, the layer-2 network by Coinbase, could dominate the decentralized finance and consumer applications market starting in the second quarter, according to blockchain analytics firm Nansen. Nansen’s latest report highlights on-chain activity, robust metrics, and a growing user base as some of the catalysts that signal a potential explosive performance for Base in Q2. This…

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Cayman Islands Tightens Crypto Regulations: Licensing Now Mandatory For Custody And Trading Firms

The Cayman Islands, long regarded as a haven for cryptocurrency businesses due to its favorable regulatory environment, is set to implement stricter oversight on firms providing crypto custody and trading services. Starting 1 April 2025, companies operating in this sector will be required to obtain licenses under the updated Virtual Asset (Service Providers) (Amendment) Regulations….

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Whale buying ramped up as Bitcoin struggled below $80K

While panic selling has seen Bitcoin’s price slip below $80,000, whales looking to leverage the potential opportunity have aggressively accumulated over 65,000 BTC. On Mar. 11, as Bitcoin (BTC) struggled near the $80,000 mark, on-chain data and analytics platform CryptoQuant shared details showing that large holders, dubbed whales, have been busy buying on the cheap…

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