
UTOPIA • Web3-Crypto News and Updates
February 26, 2025 at 03:45 PM
*#whatsupwithweb3* on _26 February 2025_
*_NFA, DYOR_*
*Buzzword of the Day*
$IP
Altcoins
*News*
PayPal Wants 20 Million Merchants Using PYUSD Stablecoin by End of 2025
https://decrypt.co/307798/paypal-pyusd-stablecoin-20-million-merchants
Ethereum Foundation leadership reshuffle baffles industry
https://www.dlnews.com/articles/defi/ethereum-foundation-leadership-shuffle-confuses-community/
Bybit CEO Offers Up to $140 Million in Bounties to Recover Stolen Funds
https://blockonomi.com/bybit-ceo-offers-up-to-140-million-in-bounties-to-recover-stolen-funds/
Ark Invest buys $8.7 million of Coinbase shares, sells nearly the same amount of own Bitcoin ETF amid market slump
https://www.theblock.co/post/343453/ark-invest-buys-coinbase-shares-sells-own-bitcoin-etf
Story Protocol’s IP Rockets 40% as Traders Bet on IP Tokenization
https://www.coindesk.com/markets/2025/02/26/story-protocol-s-ip-rockets-40-in-show-of-strong-demand
SEC Closes Uniswap Probe After Four Years Without Disciplinary Action
https://www.cryptotimes.io/2025/02/26/sec-closes-uniswap-probe-without-disciplinary-action/
The ‘credit card moment’ of DeFi lending comes to Web3 wallets
https://cointelegraph.com/news/the-credit-card-moment-of-defi-lending-comes-to-web3-wallets
Bitcoin ETFs Experience Record $1 Billion Single Day Outflow
https://news.bitcoin.com/bitcoin-etfs-experience-record-1-billion-single-day-outflow/
*Security and Scam Updates*
Bybit hacker launders $335M as funds continue to move
https://cointelegraph.com/news/bybit-hacker-launders-335-m-900-m-eth-left
*Project Updates*
Avalanche and Rain Launch Crypto-Powered Visa Card
https://www.cryptotimes.io/2025/02/26/avalanche-and-rain-launch-crypto-powered-visa-card/
Delta Blockchain aims to simplify cross-chain Ethereum and Solana app development with new 'Inclusive Layer'
https://www.theblock.co/post/343490/delta-blockchain-founder-kavita-gupta-market-ethereum-solana-easier-new-cross-chain
*Raises and Funding*
ZKP tech startup Ligero raises $4 million seed round co-led by Galaxy Ventures and 1kx
https://www.theblock.co/post/343485/zkp-tech-startup-ligero-funding
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