MicroStrategy’s X Account Was Hacked and At Least $440,000 Was Stolen
MicroStrategy’s X account appears to have been compromised in the early hours of Asian time on Monday when hackers posted phishing messages, according to a pseudonymous individual at X known as Spreek. Blockchain researcher ZachXBT noted in an X post that the vulnerability may have already led to the theft of at least $440,000. Several messages were sent by the MicroStrategy
Solana NFT Sales Reach Huge Milestone and SOL Price Stalls at $100
According to data obtained from CryptoSlam, Solana-based NFTs have reached a significant value, exceeding the $ 5 billion sales volume of all time. A few months ago, the Solana blockchain was struggling to gain traction in the NFT industry. However, this increase in activity indicates that the Solana blockchain is reversing. As of February 23, Solana-based NFTs have been sold for a total of $5 billion. This shows that Layer-1 blockchain is becoming increasingly popular in the NFT market. With over 2.2 million buyers and over 1.6 million sellers, the network has a sizeable user base and has processed close to 43 million transactions.
Uniswap Increases 60% in Offer to Reward Token Holders in Major Governance Overhaul
Erin Koen, executive chairman of the Uniswap Foundation, introduced a proposal on Friday that would improve the protocol’s governance framework, and as a result, decentralized exchange Uniswap’s token (UNI) saw a 60% increase. The idea will reward UNI token holders who stake and delegate their tokens, as well as ‘strengthening and revitalizing’ Uniswap’s governance. “I think we should improve the protocol so the fee system rewards UNI token holders who stake and delegate their tokens,” Erin Koen wrote in an X post. expressed his words.
UK Plans to Recognize Cryptocurrencies as Safeguards
The UK’s Law Commission has proposed a new legal framework that would treat cryptocurrencies as property. This aims to clarify and protect digital assets under the law. If the proposal is approved, this legislation will ensure stronger enforcement of property rights in crypto-related cases. The framework recognizes the unique characteristics of digital assets and introduces a third category of property within common law. To navigate the technical complexities, the courts will seek guidance from the industry panel, he said. This initiative is aligned with a broad strategy that aims to strengthen the UK’s position as a hub for digital asset innovation and security.
According to Alleged Correspondence, Nakamoto Made Positive Comments About Ripple
Martti Malmi, one of the first developers of Bitcoin between 2009 and 2011, shared information that he claimed to have corresponded with Satoshi Nakamoto, the pseudonymous creator of Bitcoin. According to documents published by Malmi, Nakamoto made positive comments about Ripple. However, since the authenticity of these documents has not been verified, they are considered a matter open to doubt.
Daily Low Output Reached for Grayscale’s GBTC
Grayscale’s spot Bitcoin ETF experienced the lowest daily outflow since January 11. According to the data, there was an outflow of $44.2 million from GBTC on February 23, and this value is the lowest daily outflow seen so far. When we examine the past months, a total outflow of 5.64 billion dollars was realized from GBTC in January. According to the latest data in February, this value was at the level of 1.8 billion dollars, showing that outflows have decreased.
OANDA to Open FCA Registered Crypto Trading Platform in the UK
US-based forex firm OANDA announced that it will open a London-based crypto trading platform called OANDA Crypto in the UK, registered with the Financial Conduct Authority (FCA), the country’s regulator. The company announced that it will offer trading in more than 63 cryptocurrency pairs, including Bitcoin, Ethereum, and Ripple.
Significant Increase in the Number of New Wallets Created on the Cardano Network
According to the data, the number of new wallets created in Cardano between February 22 and February 24 increased from 1706 to 3219. The increase in the number of new wallets created indicates that the Cardano network is being adopted and interest is increasing. Additionally, when the total number of Cardano wallets is examined, it is seen that it is close to 4.6 million.
Total Transaction Volume of Spot Bitcoin ETFs Exceeds 50 Billion Dollars
Six weeks after the SEC approved spot Bitcoin ETFs, total volume has risen to over $50 billion. The transaction volume, which was 28.3 billion dollars at the beginning of February, reached 50.5 billion dollars according to February 23 data. When evaluated among ETFs, GBTC’s contribution to the total volume decreased from 50.5% to 28.6% due to the high transaction fee, while IBIT’s total contribution increased from 22.1% to 37.4%. FBTC ranks third with 20.9%.
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BITCOIN(BTC)
In today’s morning hours, Bitcoin is trading at $51,435, down 0.57%. When we examine the four-hour chart, we see that there is horizontal movement between the $ 50,600 and $ 52,800 levels. With the breakdown of this region, it can be followed in which direction the movement will continue. Yesterday evening, the level of 52,000 dollars was seen again, but it could not be maintained. If the resistance level of $52,000 is broken upwards and persistence is achieved above it, levels of 52,800 and then $53,300 can be targeted. In case of a withdrawal, if the support zone of $ 50,650 is broken downwards and persistence is maintained below it, a retreat movement towards the $ 49,750 region may be seen.
ETHEREUM(ETH)
Ethereum, which lost 0.46% of its value as of the morning hours, is priced at $ 3097. When we examine the four-hour chart, we have been in a rising trend since January. It rose to $3140 yesterday evening, but faced a reaction and came back to these levels. $3036 is the intermediate support zone, and with the upward reaction it will receive from here, it can move up to $3200. In a pricing below this level, the next support zone appears to be $ 2950.
RIPPLE(XRP)
As of the morning hours, XRP is priced at $0.5392 with a 0.63% loss in value. When we examine the four-hour chart, the $0.54 region was in the position of major support, but there is a pricing below it. In case of an upward movement, the $0.55 level must be broken upwards and maintained above it. In this case, the $0.56 region can be tested. In case of a withdrawal, if the support zone of $0.5275 is broken downwards and permanence is maintained below it, the retreat may continue up to the 0.50 region.
AVALANCHE(AVAX)
AVAX is priced at $36.98 with a 1.28% depreciation as of morning hours. When we examine the four-hour chart, persistence above $36 is very important. We see that there is a reaction again from the support zone of $ 36. If this movement continues, the $38.50 level can be followed as resistance. If the support zone is broken downwards, a withdrawal movement up to the $ 35 level may be possible.
SOLANA(SOL)
SOL is priced at $103.45 with a 0.06% loss of value as of the morning hours. When we examine the hourly chart, we see that it looks like an ascending triangle formation. SOL, which dropped to $98.7 over the weekend, is trading above the $100 level again. In upward movements, the $104.4 level, which is the resistance zone, appears. If it persists above this region, a move up to $107 may be possible. In case of a withdrawal, the support level of $ 102.8 can be followed.
CHAINLINK(LINK)
As of the morning hours, LINK is priced at $18,538, with a 0.98% loss in value. When we examine the four-hour chart, we see that with the withdrawal movement, the support zone of $ 17.5 was tested and it rose above the $ 18 level again. When followed in the short term, the $18,570 level can be followed as an important resistance level. If it persists above this region, the $19 level can be tested. In case of a withdrawal, the $18 level can be followed as support.
ALICE
ALICE is priced at $1.90 with a 20% gain in value as of the morning hours. When we examine the daily chart, we see that the $1.60 resistance level has been broken upwards and the movement has become stronger by maintaining persistence above it. If this movement continues, the $2.00 level can be followed as resistance. In case of a withdrawal, the $1.85 level can be followed as support.
VET
VET is priced at $0.04827 with a 7.15% gain in value as of the morning hours. When we examine the four-hour chart, we see that the falling trend line has been broken upward. If this movement continues, the $0.50 level can be followed as resistance. If the resistance zone is broken, the $0.52 level can be tested. In case of a withdrawal, the $0.47 level can be followed as support.
