New token listings resemble the stock market on steroids. Without the guardrails of traditional finance, prices swing wildly, making—and more often breaking—fortunes in days, if not hours. Binance exchange is often the listing destination of choice for many of these tokens, which offer traders high-risk bets and the chance to chase the next market sensation. 
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The Finance Ministry of Pakistan is considering forming a “National Crypto Council” to explore the legalization of cryptocurrencies in the country, according to a report from local publication Dawn. The change in position came after Finance Minister Muhammad Aurangzeb had a meeting on digital assets with a foreign delegation that included US President Donald Trump’s
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Onchain cybersecurity platform Cyvers detected suspicious outflows on Feb. 27 from an address linked to Mask Network founder Suji Yan. According to Cyvers, other flagged addresses had received about $4 million in cryptocurrencies, primarily in Ether (ETH)-linked tokens. The digital assets suspected to have been stolen included 113 ETH, valued at over $265,000 at the
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Instagram is deliberating over plans of launching a standalone app for its short-form Reels video content, according to a report. With this purported launch, the social media platform is expected to introduce itself in the short-form video app space. It is largely dominated by TikTok — the ByteDance-owned video-hosting service which recently made the headlines
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The PlayStation Plus monthly games lineup for March has been revealed. BioWare’s action-RPG Dragon Age: The Veilguard, which released just four months ago, leads the slate of games joining PS Plus next month. Other monthly games include action platformer Sonic Colors: Ultimate and Teenage Mutant Ninja Turtles: The Cowabunga Collection. All three games will be
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Alibaba released a suite of artificial intelligence (AI) video generation models on Wednesday. Dubbed Wan 2.1, these are open-source models that can be used for both academic and commercial purposes. The Chinese e-commerce giant released the models in several parameter-based variants. Developed by the company’s Wan team, these models were first introduced in January and
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Feb 27, 2025Ravie LakshmananVulnerability / Network Security A new malware campaign has been observed targeting edge devices from Cisco, ASUS, QNAP, and Synology to rope them into a botnet named PolarEdge since at least the end of 2023. French cybersecurity company Sekoia said it observed the unknown threat actors leveraging CVE-2023-20118 (CVSS score: 6.5), a
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Stablecoins issued by traditional financial institutions may face challenges in gaining significant market adoption, according to Matt Hougan, chief investment officer at Bitwise. “TradFi stablecoins will find it harder than they think to win market share,” Hougan said in an X post on Feb. 26. Hougan referred to the newly announced stablecoin plans by Bank
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THORChain, a crosschain swap protocol, is experiencing a surge in activity following the $1.4 billion exploit of cryptocurrency exchange Bybit. On Feb. 26, the protocol processed $859.61 million in swaps, marking its highest-ever daily volume, according to data from THORChain Explorer. The momentum continued on Feb. 27, adding $210 million (and counting), pushing total swap
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