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Leviathan News

Bybit is Solvent even if this hack loss is not recovered, all of clients assets are 1 to 1 backed, we can cover the loss. - 𝕏/@benbybit

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ByBit founder Ben Zhou confirms exploit, cause was malicious safe transaction that changed msig permissions. - 𝕏/@benbybit

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Llama Party as an X Space, feat. Napier Finance! - 𝕏/@leviathan_news

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Curve launches on Hyperliquid chain - 𝕏/@0xdaesu

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Solana’s memecoin minting frenzy fades: daily token launches plunge 48% to 49,779 on feb. 19 from January’s peak of 95,578, as pump.fun activity dips and scrutiny torches the speculative surge. - CoinTelegraph

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U.S. spot Bitcoin ETFs, led by BlackRock’s dominant IBIT fund with a 75% market share, have skyrocketed past $750 billion in cumulative trading volume in just over a year since their January 2024 debut, accelerating from $100 billion by March and $200 billion by April as bitcoin surged to new all-time highs near $74,000. - The Block

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frxUSD has evolved beyond its hybrid model—now fully backed and 1:1 fiat redeemable through Superstate and BlackRock, it’s positioning itself as a serious contender in the stablecoin wars.

With deep DeFi integration, institutional-grade reserves, and native yield through sfrxUSD, Frax is making a play far bigger than just on-chain liquidity.

Read the full analysis in The Tentacle. - leviathannews.substack

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AI-Powered Natural Language Interfaces (NLIs) are revolutionizing Crypto UX, replacing complex GUIs with seamless conversational interaction. - paragraph.xyz

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"Money for a decentralized world" - Circles introduces its litepaper - Aboutcircles

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SEC intensifies focus on staking, requests industry memo, and prepares for upcoming guidance. - 𝕏/@NateGeraci

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Claim for $KAITO airdrop is live! - claim.kaito.ai

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Ethereum's 7-day average transaction fees have plummeted from $2.57 to $0.77 in just a week, marking a 70% decline—the lowest since July 2020. This sharp drop signals weak demand and a slowdown in onchain activity, mirroring Bitcoin’s 12-month transaction low after a 55% decline from its peak. - The Block

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ipxETH by Dinero is live, offering institutional investors compliant access to ETH staking yield - 𝕏/@dinero_xyz

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Over 18K wstETH in xPositions!

Brought to you by our sponsors at f(x) Protocol - 𝕏/@protocol_fx

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Google is diving deeper into the Bitcoin ecosystem, aiming to lower barriers to entry for Web2 users by improving wallets, addressing trust concerns, and exploring easier Bitcoin transactions via Google accounts. - crypto.ro

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ByBitb splits stolen ETH to 39 addresses - t.me

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ByBit suffers security incident, $1.4bn in outflows to unknown address. ZachXBT confirms it's an exploit. - t.me

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SEC poised to drop Coinbase lawsuit - Coindesk

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Litecoin’s daily transactions just hit a wild $9.6B—up 243% in five months—thanks to ETF hype in the U.S., spiking its market cap 46% from Feb 2 to Feb 19, per Santiment’s Feb 21 drop - 𝕏/@santimentfeed

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Altvest Capital becomes Africa’s first publicly traded listed company to HODL BTC as a treasury moonshot, flexing mad innovation and ballsy alt-investment vibes. - 𝕏/@CapitalAltvest

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Base L2 soars to new heights: $4B floods in deposits from L1, $185M Quarterly GDP fuels growth, $840M in active loans powers lending boom, and 275K weekly Stablecoin senders drive adoption. - 𝕏/@tokenterminal

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Dolomite hits $1 billion in TVL on their platform, becoming the 9th largest lending protocol in all of DeFi - 𝕏/@Dolomite_io

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SEC unveils Cyber and Emerging Technologies unit to protect retail Investors from Crypto and AI risks. - sec.gov

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A rare joint effort - Ethereum, Solana and Base support the launch of dAGI Accelerator by Delphi Labs and Cyber•Fund. - 𝕏/@delphi_labs

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Need a guide for the memecoin madness? Mint an open edition of BoldLeonidas' "Memecoins 101" comic, celebrating 2 years of daily publishing. - 𝕏/@boldleonidas

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UMA x Polymarket x EigenLayer = Faster, Smarter, Unstoppable.
Building the ultimate prediction market oracle. - blog.uma.xyz

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Tokenomics announced for $KAITO - 𝕏/@KaitoAI

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Llama Risk launches Curve Risk portal - 𝕏/@llamarisk

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Frax Finance's frxUSD goes crosschain thanks to partnership with LayerZero bringing near-instant transfers and 1:1 rates on many new chains - 𝕏/@fraxfinance

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Coinbase Staking secrecy sparks concern.
Coinbase, the largest custodian of staked ETH, is facing scrutiny for withholding information about its staked ETH holdings, raising questions about transparency in the growing market. - 𝕏/@hildobby_

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