Aya Miyaguchi will transition from Executive Director to President of the Ethereum Foundation (EF), focusing on expanding global connections and strengthening Ethereumβs open culture. Having led key initiatives like Ethereumβs transition to Proof-of-Stake, Miyaguchi emphasized EFβs role in upholding Ethereumβs values without central control. The move comes amid a leadership restructuring, with Vitalik Buterin defending her position against community criticism over the Foundationβs treasury management.
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TRON founder Justin Sun announced that the network will launch a Gas Free feature next week, allowing USDT transfers without requiring TRX for gas fees. Currently, TRONβs gas fees range from $3.22 to $6.54 per transaction, making it one of the highest among blockchains. The update aims to improve accessibility and cost efficiency, addressing a long-standing issue with TRC20 transactions.
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Binance Alpha has added four new tokens to its platform: AVL, VINU, PAIN, and JELLYJELLY. VINU (Vita Inu) is a feeless memecoin on VinuChain, while JELLYJELLY is expected to be linked to GameFi or NFTs. Details on AVL and PAIN are yet to be fully disclosed as trading activity picks up.
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Circle has launched Modular Wallets, a programmable smart contract wallet offering customizable infrastructure for developers. Initially supporting Polygon PoS and Arbitrum, it features SDK-first integration, flexible key management, and transaction filtering. Future updates will expand compatibility to Base, OP Mainnet, and other EVM chains.
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A Chinese citizen was murdered in a luxury hotel on Jeju Island, South Korea, during a crypto transaction. The victim, who suffered multiple stab wounds, had brought 85 million won (~$60,000) for the deal, but the four attackersβthree men and one womanβintended to rob him. After fleeing, one suspect surrendered, while the others were arrested at an airport and casino. Authorities are investigating whether the crime was premeditated and have warned of increasing risks in private crypto transactions.
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Amid a crypto market slump, Ark Invest purchased 41,032 Coinbase shares ($8.7M) for its ARKW fund, marking its first COIN buy since October. Simultaneously, the firm sold $8.6M worth of its own spot Bitcoin ETF (ARKB) as part of portfolio rebalancing. This move comes as Bitcoin and Coinbase shares have dropped 10% and 38% from their highs, respectively. With crypto ETFs seeing record outflows, Arkβs adjustments reflect continued market volatility and strategic fund allocation shifts.
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Solana (SOL) has plunged to $130, raising concerns of a deeper decline as 11.16 million tokens prepare to unlock. This event could add selling pressure to an already volatile market. Meanwhile, emerging projects like OM and XYZVerse (XYZ) are gaining attention, with XYZ positioning itself as a top contender in the meme coin sector. Investors are closely watching whether these projects can offer stability and growth opportunities amid Solanaβs downturn.
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Kaspersky warns of GitVenom, a malware campaign targeting developers through fake GitHub projects. The malware steals browsing data, crypto wallet credentials, and clipboard information, redirecting transactions to attacker wallets. One linked address has already received 5 BTC (~$443,000). The attack mainly affects Russia, Brazil, and Turkey. Developers are urged to verify third-party code before use.
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Crypto wallet Phantom has announced the acquisition of SimpleHash, a token data platform, though the deal's financial details remain undisclosed. This marks Phantomβs third acquisition in recent months, following Blowfish and Bitski. The SimpleHash team will enhance token data capabilities, improving accuracy and performance for Phantom users.
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Bybit confirmed the $1.46 billion hack was due to compromised Safe (Wallet) developer credentials. Security firms Sygnia and Verichains linked the breach to Lazarus Group, which exploited an AWS cloud vulnerability to alter transaction recipient addresses. Safe (Wallet) has since revamped its security, while Bybit restored full reserves after a Proof-of-Reserves audit by Hacken.
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Pump.funβs X account was hacked, falsely announcing a governance token launch. Despite the platform denying any token plans, eager traders fell for the scam. One wallet profited $135,000 in a minute by manipulating the fake tokenβs price. Bubblemaps revealed that over 60% of supply was controlled by two clusters, confirming it as a rug pull scheme. The incident highlights growing risks of social media hacks targeting crypto communities.
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The SEC and Tron founder Justin Sun have requested a stay order in their civil fraud lawsuit, signaling a potential settlement. The case, filed in March 2023, accused Sun of unregistered securities sales, market manipulation, and undisclosed celebrity promotions of TRX and BTT. The SEC has recently dropped several crypto-related lawsuits, suggesting a softer stance on the industry.
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Aleksei Andriunin, founder of Gotbit, has been extradited to the U.S. from Portugal to face wire fraud and market manipulation charges. Prosecutors allege Gotbit ran a token price-inflation scheme for crypto firms, earning tens of millions of dollars. Andriunin, who once admitted his business was βnot entirely ethicalβ, now faces up to 25 years in prison. His initial court appearance took place in Boston, with further hearings pending.
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Pi Network (PI) Soars 35%, Hits New ATH Amid Binance Listing Speculation
Pi Network's native token PI surged by 35% in the last 24 hours, reaching a new all-time high of nearly $3. Its market cap is reported to have exceeded $18 billion, though this figure remains unverified. The rally is largely driven by speculation about a potential Binance listing, with over 86% of voters supporting its inclusion. Some exchanges like Bitget, OKX, and MEXC already support PI, while Bybitβs CEO has dismissed it as a scam.
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Pi Network's native token PI surged by 35% in the last 24 hours, reaching a new all-time high of nearly $3. Its market cap is reported to have exceeded $18 billion, though this figure remains unverified. The rally is largely driven by speculation about a potential Binance listing, with over 86% of voters supporting its inclusion. Some exchanges like Bitget, OKX, and MEXC already support PI, while Bybitβs CEO has dismissed it as a scam.
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Kava introduced a decentralized AI powered by DeepSeek R1, capable of executing on-chain transactions and optimizing DeFi strategies without centralized control. The project aims to challenge Big Techβs AI dominance by leveraging blockchain incentives and open-source AI, making advanced AI tools transparent, accessible, and censorship-resistant.
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KAITO Soars 41.5% Amid Rising Demand and AI Hype
KAITO surged 41.5% on Feb. 27, hitting an intraday high of $2.52 as its market cap jumped past $600M. The rally was driven by a 66% surge in open interest in KAITO futures, renewed whale accumulation, and overall AI sector momentum following Nvidiaβs strong Q4 results. The token also broke key resistance at $2.1, with technical indicators signaling continued bullish momentum. Analysts see $3β$5 as the next major targets if the uptrend holds.
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KAITO surged 41.5% on Feb. 27, hitting an intraday high of $2.52 as its market cap jumped past $600M. The rally was driven by a 66% surge in open interest in KAITO futures, renewed whale accumulation, and overall AI sector momentum following Nvidiaβs strong Q4 results. The token also broke key resistance at $2.1, with technical indicators signaling continued bullish momentum. Analysts see $3β$5 as the next major targets if the uptrend holds.
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Solana's TVL has dropped 40% in the past month, the steepest decline since the FTX collapse, mirroring a 41% drop in SOL price from its January high. Memecoin market cap has also plunged 70%, reflecting weakening investor sentiment and declining on-chain activity. With SOL forming a double-top pattern, analysts warn of a potential dip to $110β$120, unless buying pressure at $135 triggers a rebound.
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Mask Network founder Suji Yanβs account was hacked, leading to a $4 million crypto theft, with assets swiftly swapped to ETH and split across six wallets. Yan suspects the attack may have occurred during his birthday party, possibly as an offline exploit while his phone was unattended. The MASK token has already suffered a 50% decline in three months, and this breach could add further pressure. The incident underscores the increasing sophistication of crypto hacks in 2025.
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Rep. Sam Liccardo introduced the MEME Act, aiming to prohibit U.S. officials and their families from launching and promoting memecoins. The move comes after TRUMP and MELANIA tokens reportedly earned the Trump family $100M, while investors lost $2B. The bill faces opposition but highlights concerns over corruption and insider trading in crypto.
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Consensys and the SEC have reached an agreement in principle to dismiss the enforcement case against MetaMask, according to Joseph Lubin. The SEC had sued Consensys over MetaMaskβs staking service, but the case is now set to be closed pending commission approval. Lubin emphasized their willingness to fight but welcomed the outcome, marking a shift in regulatory sentiment under the new administration.
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