Digital asset investment products saw a strong turnaround last week, recording $644 million in inflows and ending a five-week streak of outflows.The shift marks a change in investor sentiment, with inflows recorded on each day of the week following 17 consecutive days of outflows, according to a report by CoinShares.As a result, total assets under management have increased by 6.3% from their recent low on March 10.U.S. Leads Crypto Fund Recovery with $632M in InflowsThe United States accounted for the bulk of the inflows, contributing $632 million.However, the renewed optimism was not limited to the U.S., with Switzerland, Germany, and…
Author: cryphedge
Solana co-founder Anatoly Yakovenko has reignited the debate on the necessity of Layer-2 (L2) solutions with a bold claim: “There is no reason to build an L2.” In a recent tweet, he asserted that Layer-1 (L1) blockchains could be faster, cheaper, and more secure without the need for L2s. There is no reason to build an L2. L1s can be faster, cheaper, and more secure. They aren’t slowed down by a glacially moving L1 data availability stack, or have to compromise security with complex fraud proofs and upgrade multisigs. https://t.co/Ov3YAfz9U4— toly (@aeyakovenko) March 23, 2025 He criticized L2 solutions for…
A West Virginia district court has issued a warning about a sophisticated cryptocurrency scam in which fraudsters impersonate U.S. District Court officials to extort money from unsuspecting victims. The scam involves counterfeit arrest warrants that claim individuals have failed to appear for jury duty and demand immediate payment in Bitcoin or other difficult-to-trace means.Cryptocurrency Scammers Exploit Court Documents in New SchemeAccording to the U.S. District Court for the Western District of Virginia, these fraudulent documents appear authentic and mimic official forms used by the Eastern District of Virginia. Copy of the fake arrest warrant – Source: vawd.uscourts.govVictims typically receive a…
In 2021, Shiba Inu (SHIB) transformed small investments into life-changing wealth, with early backers turning $1,000 into millions as the meme coin skyrocketed. Now, crypto investors are searching for the next explosive opportunity, and Mutuum Finance (MUTM) is emerging as the top performer. The project is going through its third funding phase while demonstrating rapid growth at a price point of $0.02 and managed to secure nearly $4.7 million from investors. 6500 holders have entered the Mutuum Finance (MUTM) presale during phase 3 due to the system plans to double its price from $0.02 to $0.025. Investors have limited time…
As the next bull run nears, Mutuum Finance (MUTM) is emerging as a top contender with its decentralized lending platform and growing investor interest. Currently priced at $0.02, analysts predict MUTM could surge 120x, driven by rising demand, upcoming exchange listings, and real utility in DeFi.Mutuum Finance (MUTM)Many investors are eyeing Mutuum Finance as a high-growth opportunity, with some experts projecting a 120x surge during the next bull cycle. The combination of real DeFi utility, an expanding presale, and increasing adoption positions MUTM for significant price appreciation. With its lending and borrowing platform offering passive income opportunities, the demand for…
Binance Alpha recently launched two new tokens: $BUBB and $AGON, which sparked significant price surge and trading activity for the projects. Binance Alpha Lists $BUBB, $AGON The launch of BUBB by Binance Alpha initially caused its price to surge by more than 49% in a short time, generating excitement in the market. However, after the spike, the token experienced a dip, with its price falling by 37.5%. Despite this decline, BUBB’s market cap remains strong, currently reported at approximately $14.73 million, with a 24-hour market volume increase of 26.74%, totaling $35.59 million. BUBB is currently trading at $0.01465. Courtesy:…
Over the past 24 hours, the price of Chainlink (LINK) has been facing a rising buying demand as it broke above the crucial $15 mark. The LINK price is currently aiming for retest of immediate resistance lines. The fear/greed index has dropped, now showing a fear sentiment at level 31. Meanwhile, Chainlink’s trading volume has surged by 58% in the last 24 hours, reaching $323 million. Looking at the longer trend, LINK’s price has been declining since mid-December, dropping from a high of $31 to about $15 on 3 February. In recent weeks, LINK price has been facing strong bearish…
Pharos, a Layer 1 public blockchain focused on integrating traditional finance (TradFi), launched its public development network on March 6. Pharos Launches Public Test Network This test network encourages developers to build and stress-test the platform, which is touted as the first EVM-compatible Layer 1 blockchain capable of reaching speeds of 2 gigas per second. Pharos is led by a team with significant experience in the blockchain and tech industries. Founder and CEO Alex Zhang previously served as CTO of Ant Chain, while co-founder and CTO Meng Wu was the Chief Security Officer for Ant Financial’s Web3 division. Additionally, Pharos’…
OpenAI is considering a significant reduction in the subscription cost for ChatGPT in India, with potential prices ranging from $3 to $5 per month. This move could cut the current $20 fee by as much as 85%, making the service more affordable to a broader range of users. ChatGPT Subscription Fees Cut in India The company is also in talks with Reliance Industries about a strategic partnership. If successful, the collaboration could see Reliance’s subsidiary, Jio, distributing ChatGPT services across India. Additionally, there are discussions about hosting OpenAI’s models locally within India, which would address data sovereignty concerns and improve…
Ripple (XRP) is busy forging new milestones. The token is at the center of mainstream activity with the long queue of the XRP ETFs waiting to seek approval from the US SEC. Apart from that, Ripple has always been known as one of the leading ambitious coins, charting its own price path with great precision and care. Now that the token is free from all the legal barriers, this is how high XRP can trade one year from now, per recent technical analysis and markers.Also Read: How Much Bitcoin (BTC) Does North Korea Hold?Ripple: Where’s The Token Currently?Source: Bitcoin NewsXRP…
