Author: News Room

The broader crypto market is facing a downturn, but some projects are still recording significant network activity. One such asset is Ondo (ONDO), the native token of the Ondo ecosystem. It is a decentralized finance (DeFi) network that leverages blockchain technology to tokenize real-world assets (RWAs). ONDO Dominates RWAs Space According to a tweet by the market intelligence platform IntoTheBlock, ONDO is currently dominating the real-world assets space. The asset has outperformed most RWA tokens and has the highest transaction volume. $ONDO is dominating the RWA space, posting the highest transaction volume and significantly outperforming other tokens, even in the…

The major security breach at Bybit caused the unauthorized movement of 401,346 ETH worth approximately $1.13 billion from exchange wallets on 21st February, 14:16:11 UTC. Whale Alert detected the massive transfer and discovered Bybit’s cold wallet funds heading to an unexpected destination. Bybit detected unauthorized activity involving one of our ETH cold wallets. The incident occurred when our ETH multisig cold wallet executed a transfer to our warm wallet. Unfortunately, this transaction was manipulated through a sophisticated attack that masked the signing… — Bybit (@Bybit_Official) February 21, 2025 Bybit Confirms Sophisticated Attack The ByBit team revealed the breach was caused…

Onyxcoin (XCN) has fallen 16% over the past seven days, although it’s up by 52% in the last 30 days. The XCN Relative Strength Index (RSI) is currently at 40.1, indicating mild bearish momentum but not strong enough to signal overselling. Meanwhile, the Average Directional Index (ADX) has declined to 15.1, suggesting that the downtrend is losing strength and could lead to a period of low momentum. Despite the ongoing bearish trend, the Exponential Moving Average (EMA) lines show a possibility for XCN to challenge key resistance levels and potentially surge by up to 30% before March if bullish momentum…

President Trump fired the chairman of the Joint Chiefs of Staff Friday night.His public removal coincided with the defense secretary’s firing of five other top officers.Several lawmakers, including military veterans, expressed concern amid the shakeup.The White House ousted the Chairman of the Joint Chiefs of Staff Air Force Gen. Charles Q. Brown Jr., which was followed by a string of firings in the Pentagon’s most senior ranks that alarmed lawmakers.In a press release posted Friday night, Secretary of Defense Pete Hegseth also removed the chief of naval operations and the Air Force vice chief of staff, Adm. Lisa Franchetti and…

Maker (MKR) price rallied over 44% in the past week. The DeFi token holds steady even as large wallet investors and whales holding MKR take profits in the ongoing price surge. On-chain and technical indicators support further gains in Maker. Table of Contents Maker derivatives and on-chain analysis Maker (MKR) weekly price forecast MKR holds steady amidst DAO drama Maker tokens worth $17 million burnt, support gains Maker derivatives and on-chain analysis Sky Protocol (formerly Maker’s) (MKR) MKR token has defied market trends in the past week. The token gained over 44% in value, according to price data on Crypto.news.…

Facial recognition company Clearview AI cofounder and former CEO Hoan Ton-That has resigned.The company’s new co-CEOs are early investor Hal Lambert and cofounder Richard Schwartz.The leadership shake-up comes as the Clearview eyes new contracts under the Trump administration.The former CEO of Clearview AI, Hoan Ton-That, has resigned. Clearview is a facial recognition startup used by law enforcement or federal agencies to identify suspects. It’s known for scraping billions of images from the internet without users or platforms’ consent.Clearview appointed early investor Hal Lambert and cofounder Richard Schwartz as co-CEOs in December after Ton-That shifted roles from CEO to president.Ton-That, who…

In a Friday ruling Judge Carl Nichols allowed President Donald Trump to resume putting USAID employees on leave.Nichols reversed a prior order halting the plans, saying the plaintiffs “overstated” the need for intervention.USAID workers may still prevail as the case progresses, but the agency is left gutted for now.After being targeted in the DOGE office’s efforts to cut federal spending and root out waste, USAID on Friday lost a major court battle, leaving the international aid agency gutted while legal challenges play out.US District Judge Carl Nichols, in his Friday ruling, allowed President Donald Trump’s staff reductions at USAID to…

Solana (SOL) Total Value Locked (TVL) recently hit $9.90 billion, the lowest level since November 2024, before recovering slightly to $10.3 billion. Despite this bounce, SOL’s TVL remains down nearly 30% from January 18, reflecting ongoing concerns about its ecosystem. SOL’s price is also under pressure, down more than 8% in the last seven days and over 31% in the past 30 days. Technical indicators are showing signs of recovery, but bearish trends are still dominant, with SOL trading below key resistance levels. Solana TVL Reached Its Lowest Levels Since November 2024 Solana’s Total Value Locked (TVL) is currently at…

An aid program for concert venues shuttered by COVID-19 paid over $200 million to successful musicians.Lil Wayne and other artists took millions for luxury clothes and private jets.New records reveal that the SBA has closed out reviews of $155 million in grants to celebrities.The Small Business Administration doesn’t plan to seek recovery for more than $155 million in COVID relief grants paid out to successful artists and entertainers, newly public records show.Congress set aside more than $14 billion during the pandemic to bail out struggling arts groups as audiences stayed home. Business Insider previously reported Lil Wayne, Marshmello, Chris Brown,…

Apple is rolling back Advanced Data Protection from iPhones in the UK starting Friday.Without ADP, Apple and the UK government could decrypt iCloud data.The UK had issued a “secret order” for Apple to create a data backdoor, US congressmen warned.Apple’s highest level of security for iCloud data is set to be removed from iPhones in the UK in a rare move for the tech giant known for prioritizing privacy for its users.Beginning Friday, new users in the UK won’t have access to Advanced Data Protection (ADP), a tool that enables end-to-end encryption on devices. By removing it, they’ll no longer…