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Igloo Inc., the digital asset incubation studio and the team behind the popular Pudgy Penguins and Lil Pudgy non-fungible token collection, has partnered with TheSoul Publishing, the award-winning company producing some of the most-watched digital content in the world, to create animated cartoon series on YouTube. In this article, we shall explore the collaboration in detail. In a February 27 blog post, TheSoul Publishing company confirmed that they have partnered with the Pudgy Penguins team to create an animated cartoon series on YouTube. Premiering in Q1 2025, “Lil Pudgys” will introduce fans to a new animated universe inspired by Pudgy Penguins’ Web3 IP. The Pudgy Penguins team anticipates pushing its relevance beyond the crypto and toy markets. Pudgy Penguins is getting an animated series! They are teaming up with TheSoul Publishing, one of the world’s largest digital publishers, to launch Lil Pudgys, a brand-new animated YouTube series. Why this partne...

The US Federal Bureau of Investigation (FBI) confirmed that North Korea’s Lazarus Group was behind the $1.5 billion Bybit hack and is urging the crypto industry to block transactions linked to the stolen funds. The agency is calling on exchanges, node operators, and private sector players to prevent further laundering, as the hackers have already moved over 135,000 ETH. It flagged 51 Ethereum addresses tied to the attack, the largest crypto heist ever. ”Actors are proceeding rapidly and have converted some of the stolen assets to Bitcoin and other virtual assets dispersed across thousands of addresses on multiple blockchains,” the FBI said. It added that the stolen funds will “be further laundered” before eventually being converted to fiat currency. About 363,900 ETH has remained unmoved. At ETH’s current price of $2,351.38 as of 7:07 a.m. EST, the assets are worth more than $855.6 million. Most of the assets that were stolen from the centraliz...

Today, February 26, the United States Senate Committee on Banking, Housing, and Urban Affairs subcommittee on Digital Assets is hosting a hearing on “Exploring Bipartisan Legislative Frameworks for Digital Assets.” This hearing comes after Donald Trump made cryptocurrency a central focus of his second term, creating a working group in one executive order that was tasked with submitting a report that will “recommend regulatory and legislative proposals.” The Senate Digital Assets Legislation The chairman for this subcommittee is Cynthia Lummis (R-WY), who has been a significant promoter of crypto. She recently introduced a new stablecoin bill, the so-called GENIUS Act, alongside Tim Scott (R-SC), Bill Hagerty (R-TN), and Kirsten Gillibrand (D-NY).  This bill purports to establish jurisdiction over stablecoin issuers who “issue a payment stablecoin in the United States.” Payment stablecoins are described as “a digital asset...

Meme Index, a project reshaping meme coin investments with index-based exposure, is closing in on $4 million in funding. This project introduces a novel concept that mirrors traditional stock market indexes, such as the S&P 500, but specifically for meme coins. With the growing prominence of meme coins in the broader cryptocurrency market, Meme Index provides investors with a structured way to gain exposure to various categories of meme coins while mitigating some risks through diversification. Unlike traditional crypto investments, which often require choosing individual meme coins with high volatility, Meme Index offers a more structured approach. The project has created four distinct meme coin indexes, each catering to different risk tolerances and investment strategies. These indexes function similarly to stock market indexes, grouping various meme coins into baskets based on specific criteria. This strategy enables investors to gain exposure to a diversified set of meme coi...

Courtyard, one of the leading non-fungible token collections on the Polygon blockchain network, has seen its trading sales volume skyrocket to significant heights. In the past 24 hours, the Courtyard NFT collection has recorded a trading sales volume of over $1.3 million, becoming the most traded in the NFT market. In this article, we shall explore some of the factors fueling the Courtyard NFT market growth. Courtyard NFTs Tops The NFT Market Chart Data compiled by cryptoslam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible collections explorer, shows that the Courtyard NFT collection has experienced a massive surge in trading sales volume. In the past 24 hours, the Courtyard NFT collection has amassed a trading sales volume of $1.3 million. Courtyard has emerged as the most selling NFT collection in the global NFT market. The Courtyard NFT collection is followed closely by DMarket, a non-fungible token collection created on the Mythos Chain network,...

In the aftermath of Bybit’s $1.4 billion loss — the world’s largest crypto exchange hack — many once-celebrated services are struggling to control the laundering of criminal proceeds. Memecoin generator Pump.fun, permissionless token exchange ThorChain, and many others are trying to comply with Countering the Financing of Terrorism (CFT) and Anti-Money Laundering (AML) rules. Bybit, which once claimed to be the world’s second most popular crypto exchange by trading volume, suffered a $1.4 billion hack on February 21. Its executives signed a malicious transaction that allowed hackers to sweep ether (ETH) from its multi-signature wallets.  As panic set in, customers rushed to withdraw over $4 billion in deposits. Nevertheless, Bybit was able to secure some loans, and as of approximately 12 hours ago, claimed to have replenished liquidity to back customer deposits on a 1:1 basis . Over the past three days, hackers have swapped and liquidated some of the pr...

The SPX6900 price has pumped 4% in the past week and 1% in the last 24 hours to trade at $0.7078 as of 12:00 a.m. EST on a 6% drop in trading volume to $18 million. SPX6900 Price Eyes Bullish Reversal As It Tests A Critical Support Zone The SPX price has been moving within a bearish channel, consistently forming lower highs and lower lows, indicating a prolonged downtrend. However, it has now reached a critical support zone between $0.5888 and $0.7078, an area where buyers previously stepped in to prevent further declines. This support zone is crucial because if the price holds, it could serve as a foundation for a potential bullish reversal. SPXUSDT Analysis Source: Tradingview A break above the bearish channel would indicate that selling pressure is weakening and bullish momentum is taking over. If this happens, the next major resistance to watch is around $1.4534, which represents a previous high where selling pressure was strong. This level will be a key test for bulls,...

The cryptocurrency market is witnessing an increasing demand for Layer 2 solutions, and Solaxy (SOLX) is positioning itself as one of the most promising projects in this space. With Solana already recognized as one of the fastest and most efficient blockchains, the need for a Layer 2 solution is becoming more evident, particularly as the interest in meme coins and cryptocurrency investments surges to levels not seen since 2021. Despite its speed and efficiency, Solana has faced congestion issues, particularly during periods of high market activity. In March 2024, the network experienced heavy congestion, making transactions difficult unless users were willing to pay higher fees. With the market now entering another bull cycle, Layer 2 solutions are expected to become crucial in alleviating congestion and ensuring smooth transactions. Solaxy (SOLX) Boosts Solana’s Speed and Scalability – Best Crypto Trend? Solaxy is a new Layer-2 scaling solution built to improve Solana...

Meme Index is transforming meme coin investing with an ETF-like approach to diversification. As the market bottoms, MEMEX offers a simple and strategic way to invest in multiple meme coins through its four upcoming index funds. With a transparent portfolio and community-driven governance, MEMEX stands out as a strong investment opportunity in today’s market conditions. Meme Coin Season Looms, MEMEX Set to Capitalize on Market Momentum Shift The meme coin market is navigating a critical moment as it attempts to establish a bottom, hovering around a $67 billion market cap. While this level appears to be a key support zone, the market is showing signs of curling back over, indicating uncertainty in the short term. The hourly charts are flashing red, signaling short-term declines, but the daily charts remain in the green, suggesting a potential recovery. However, meme coin season has not yet begun, and analysts anticipate that a full-fledged rally could push the meme coin market...

Donald Trump is back in the White House and is now adamant on introducing a new import tariff regime to bolster the US economy. While Trump’s intent is entirely focused on strengthening the US manufacturing units with a special emphasis on boosting the productivity of the nation, his aggressive tariff policies are impacting world economics, brewing a trade war in the process. Will this development furthermore boost the rising de-dollarization drives impacting major US industries and units? Let’s find out. Also Read: Litecoin (LTC) Transactions Surge 200%, Is a Major Rally to $200 Next? Is US Bolstering De-Dollarization? Donald Trump is leaving no stone unturned to revamp the US economy and lost fortunes. In this quest, Trump is levying heavy tariffs on multiple nations, including the BRICS bloc, which are known exclusively for initiating de-dollarization. “On trade, I have decided, for purposes of fairness, that I will charge a RECIPROCAL tariff, meaning whatever countries charge ...

Coinbase proposes shifting cryptocurrency oversight from the SEC to the CFTC, potentially easing regulatory hurdles for new crypto listings . The industry argues that digital assets should be regulated as commodities rather than securities. This regulatory clarity could encourage more blockchain developers to launch innovative cryptocurrency projects. President Trump is reportedly considering transferring crypto regulation authority to the industry-friendly CFTC regulator. Coinbase advocates for fair capital-raising rules that prevent venture capitalists from dominating emerging cryptocurrency markets. This policy shift signals positive market sentiment, potentially boosting investment confidence in digital asset markets. New Cryptocurrency Releases, Listings, & Presales Today Bitgrit empowers data scientists with an AI marketplace, enabling seamless collaboration and monetization.  Truth ensures secure, decentralized verification for prediction markets, fostering trust and ...

Brazil’s Securities and Exchange Commission (CVM) has made history by approving the world’s first spot XRP exchange-traded fund (ETF), marking a significant milestone for the cryptocurrency market. This development strengthens XRP’s position as a leading digital asset and could attract substantial capital inflows. As seen with Bitcoin, ETF approvals often lead to increased market interest and price surges. In the past 24 hours, XRP has gained over 6% and is pushing towards the $3 mark. Meanwhile, regulatory uncertainty continues to affect the U.S. market, but former U.S. President Donald Trump’s recent support for Ripple on Truth Social has further fueled XRP’s momentum. In light of this bullish prediction, investors are searching for the best altcoins to invest in today . 6 Best Altcoins To Invest In Today Injective continues to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi), making steady advancements in the sector...