Port3 Network token crashes over 80% on reports of possible exploit

Key Takeaways PORT3 token lost over 80% of its value in just over an hour. The crash was triggered by an unauthorized mint of one billion PORT3 tokens and rapid sell-offs. Share this article PORT3, the native token of Port3 Network, a project building a decentralized AI data layer that aggregates and standardizes blockchain data for AI-driven dApps and wallets, crashed more than 80% today, wiping its market cap from around $18.5 million to $3.5 million in just over an hour, according to CoinGecko. The steep decline came after reports…

Bitcoin Whales Selling to ‘Weak’ Hands Bad for Price: Peter Schiff

The transfer of Bitcoin (BTC) from long-term holders, also known as “OGs,” to “weak” hands will cause future drawdowns to be more severe, according to gold investor and economist Peter Schiff. Bitcoin is “finally having its IPO moment,” Schiff said on Saturday, adding that there is now enough liquidity in the Bitcoin market for long-term holders to cash out.  “This much Bitcoin moving from strong to weak hands not only increases the float, but also means future selloffs will be bigger,” Schiff added. Source: Peter Schiff Whales and other long-term…

How Criminal Millions Sprinted Through Binance, OKX, and Other Top Crypto Exchanges

Investigators found drug traffickers, Southeast Asian scam gangs, and North Korean hackers frequently using major crypto platforms to quietly move their funds. The International Consortium of Investigative Journalists’ (ICIJ) Coin Laundry investigation found illicit funds were funneled through major cryptocurrency exchanges, including Binance, OKX, Coinbase, Kraken, Bybit, and Kucoin, as part of a global shadow economy benefiting from criminal proceeds. The 10-month cross-border project, which was conducted with 37 media partners in 35 countries, gathered hundreds of wallet addresses connected to scams, theft, sanctions violations, and other illicit activity,…

Cardano Network Hit With a Temporary Chain Split, but ADA Barely Moves

The Cardano network suffered a temporary chain split on Friday, due to a “malformed” delegation transaction, transactions to delegate ADA (ADA) to a staking pool, which are valid on the protocol level but can cause code malfunctions that affect network functionality. This “malformed” transaction exploited an old code bug in the underlying software library used by the Cardano blockchain, resulting in a network partition due to a disagreement in how nodes processed the transaction, according to an incident report from Cardano ecosystem organization Intersect. Staking pool operators were directed to…

ETH Reaches Decision Point as Bearish Momentum Intensifies

Ethereum has extended its downward trend and is now trading inside a critical multi-month demand block. With liquidity being aggressively flushed above and below the price, ETH is approaching a major decision point where either a relief rebound or a deeper capitulation into the lower demand zones may unfold. Technical Analysis By Shayan The Daily Chart ETH has continued its sharp corrective leg, sliding from the $3.5K–$3.6K supply zone and breaking decisively below both the 100-day and 200-day moving averages. This breakdown has placed the asset directly inside the $2.7K–$2.85K…

What’s Next for XRP as Weakness Against BTC and USD Extends

Ripple’s XRP continues to show weakness amid broader market sell-offs. Despite several bounce attempts, both the USDT and BTC pairs are struggling below key resistance levels. Buyers have failed to reclaim momentum, and the price action remains confined within bearish structures. XRP Price Technical Research By Shayan The USDT Pair XRPUSDT broke down decisively from the descending channel structure and is now trading below the $2 key support level, which has now turned into a resistance zone. The recent move has been sharp, with the price falling toward the next…

Court Says ‘Serious Issue to Be Tried’

While denying any wrongdoing, Maple said that it plans to pursue available remedies aggressively to ensure Core is held responsible. Core Foundation has issued a detailed statement commenting on its dispute with Maple Finance after the Grand Court of the Cayman Islands granted an injunction against Maple over alleged breaches of commercial agreements related to the development of lstBTC, a Core-powered liquid-staked Bitcoin token. The injunction was granted after the Court found a “serious issue to be tried” regarding Maple’s alleged misuse of Core Foundation’s confidential information and breach…

Coinbase Shifts Crypto to New Onchain Wallets in Planned Migration

Crypto exchange Coinbase initiated a large fund migration on Saturday, moving tokens to new internal wallets in a scheduled, routine security procedure to reduce long-term exposure of keeping funds in the same wallet addresses, which are publicly known. The migration is not due to any cybersecurity breaches or external threats, according to an announcement from the company. Coinbase said:  “Migrating wallets periodically is a well-accepted best practice that minimizes long-term exposure of funds. This is a planned migration and unrelated to industry changes or price conditions. This is not in…

‘Rich dad’ Kiyosaki sells Bitcoin for over $2 million to invest in surgery centers and a billboard business

Key Takeaways Robert Kiyosaki sold over $2 million in Bitcoin to invest in surgery centers and a billboard business. Kiyosaki remains bullish on Bitcoin and plans to repurchase with his increased cash flow. Share this article “Rich Dad Poor Dad” author Robert Kiyosaki cashed out over $2 million in Bitcoin to put money into surgery centers and a billboard business. In a recent statement on X, Kiyosaki said he sold approximately 25 Bitcoin at $90,000 each, which he originally purchased at $6,000 per coin years ago. The entrepreneur plans to…

Why Zcash Could Be Vulnerable To A 50% Breakdown

The cryptocurrency market continues to bleed, with the total market cap now hovering around $2.89 trillion. Zcash (ZEC), one of the privacy tokens daring to defy the fearful market sentiment, has experienced a steady, choppy price action as market forces struggle to establish control. Interestingly, a prominent market analyst with the X username PlanD has discovered significant bearish potential on the horizon. Related Reading: Why is Zcash Surging? Analysts Break Down the ZEC Rally and What Comes Next Zcash To Fall To $281 – Is The Party Over?  Despite its…