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World Liberty Financial, associated with Donald Trump, plans to create a strategic reserve of cryptocurrencies, reflecting the organization's expanding footprint in the digital finance sector.
Dave Portnoy sparks controversy with meme coin trades and promotion, accused of profiting off followers with pump-and-dump schemes.
The proposal follows similar legislative moves by other U.S. states exploring Bitcoin adoption in their financial reserves.
Quick Take The prices of various cryptocurrencies have dipped after President Trump told reporters that he plans to implement new 25% tariffs on steel and aluminum next week. The price of Bitcoin, which briefly surpassed $100,000 on Friday, has slid to around $95,000, with Ethereum down 3.5% in the past 24 hours. The price action comes shortly ahead of Super Bowl LIX, expected to be the most-watched telecast of the year.
- 01:02Kanye West: Learning about Bitcoin from AnsemRenowned rapper Kanye West posted on X, stating that he is learning about Bitcoin from crypto KOL Ansem ("Ye learning bit coin from Ansem") and included an audio recording.
- 00:51After being hacked, 1inch has recovered most of the stolen funds, reaching a bug bounty agreement with the hackerAccording to Decurity's post-incident report, after negotiations with the hacker, most of the $5 million stolen from 1inch has been returned, with the hacker retaining a portion as a bug bounty. The attack originated from a vulnerability in the Fusion v1 smart contract, primarily affecting users who utilized outdated versions of the resolver, while regular users' funds remained unaffected. As previously reported by Odaily, 1inch discovered the vulnerability in the Fusion v1 smart contract on March 5, which was subsequently exploited by the hacker to steal funds. 1inch has urged relevant resolvers to undergo audits and update their contracts to prevent similar incidents in the future.
- 00:50In the past seven days, NFT trading volume has risen 15.27% week-over-week to $121.5 millionAccording to CryptoSlam data, NFT trading volume has increased to $121.5 million this week, marking a 15.27% rise compared to the previous week. The number of NFT buyers has plummeted by 94.39% to 25,641, while the number of NFT sellers has decreased by 91.84% to 25,717. Meanwhile, the number of NFT transactions has grown by 5.21% to 1,615,020.