13 Aug 2025, 15:20

Odin.fun Pauses Operations After $7 Million Liquidity Exploit Linked to Malicious Actors, Plans to Reopen Next Week

Odin.fun, a Bitcoin-based meme coin launchpad, lost approximately 58.2 BTC (around $7 million) due to a liquidity manipulation attack. The platform has paused operations and plans to reopen next week

13 Aug 2025, 15:19

BNB Nears Record High as Corporate Buyers Spur 4% Rally

BNB climbed more thane than 4% in the past 24-hour period on a wider cryptocurrency market rally to breach the $850 mark and near its all-time high at $860. The token rose from $813.90 to its high during the session, breaking through key resistance points at $839.57 and $853.67 before meeting selling pressure near the $855 psychological level, according to CoinDesk Research's technical analysis model. The rally gained momentum after CEA Industries acquired 200,000 BNB, becoming the largest corporate holder of the asset . The move is part of a growing trend of companies adding alternative cryptocurrencies to their reserves. Trading volume spiked to nearly three times its daily average, fueling optimism that institutional buying could sustain upward momentum. However, prices retreated slightly in the final portion of the session, suggesting possible short-term consolidation. Technical Analysis Overview Market data showed strong buying interest through the rally, with heavy trading activity establishing solid support near $834.40. BNB’s advance cleared resistance at $839.57 and $853.67, and prices held above $850 for most of the period, a sign that accumulation remained in play even as momentum began to cool. The rally’s peak coincided with a spike in sell orders, hinting at profit-taking that slowed the push beyond $855. That selling pressure created a bearish divergence toward the close, where the token failed to reclaim higher ground. The broader crypto market, as measured by the CoinDesk 20 (CD20) index, rose 5.3% in the last 24-hour period. BNB has remained the dominant token in the exchange token sector, according to CryptoQuant data, accounting for over 81% of their total market capitalization. It’s around 1% away from its record high, while the second-best performing exchange token LEO remains around 8% away from it. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy .

13 Aug 2025, 15:19

Bitcoin Meme Coin Launchpad Odin.fun Loses $7 Million in Liquidity Exploit

The launchpad has paused operations, blamed malicious China-linked actors for the attack, and plans to re-open next week.

13 Aug 2025, 15:18

Bitcoin Eyes New Price Levels as Ether Approaches All-Time Highs Amid Rising Institutional Interest

Bitcoin is currently experiencing significant price movements, aiming for new all-time highs as institutional interest surges. With over $500 million in liquidations, traders are closely watching the market dynamics. Bitcoin

13 Aug 2025, 15:17

Bybit Launches “Mexico in USDT Mode” P2P Campaign with 12,500 USDT in Rewards

BitcoinWorld Bybit Launches “Mexico in USDT Mode” P2P Campaign with 12,500 USDT in Rewards Dubai, UAE, August 13th, 2025, Chainwire Bybit , the world’s second-largest cryptocurrency exchange by trading volume, is turning up the heat with the launch of Mexico in USDT Mode, an exclusive P2P event offering users in Mexico the chance to earn a share of 12,500 USDT in rewards. The campaign is already active and runs through September 10, 2025, and is designed to reward both new and existing users for participating in P2P transactions. How It Works New users who register and deposit at least 100 USDT through Bybit P2P will receive a 20 USDT coupon. Existing users who deposit 200 USDT or more will earn 5 USDT per qualifying order, up to four times, totaling 20 USDT in coupons. To participate, users simply need to register for the event, complete Identity Verification Level 1, and begin trading via Bybit P2P. Rewards will be distributed directly to participants’ Rewards Hub accounts within 10 working days after the event concludes. “Mexico in USDT Mode is a celebration of our commitment to the Mexican crypto community,” said Diego Silva, P2P Operation Manager at Bybit. “We’re proud to support users with secure, user-friendly P2P trading and exciting opportunities to earn while they trade.” Participants can register and learn more at the official event page . #Bybit / #TheCryptoArk About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com . For more details about Bybit, please visit Bybit Press For media inquiries, please contact: [email protected] For updates, please follow: Bybit’s Communities and Social Media Contact Head of PR Tony Au Bybit [email protected] This post Bybit Launches “Mexico in USDT Mode” P2P Campaign with 12,500 USDT in Rewards first appeared on BitcoinWorld and is written by chainwire

13 Aug 2025, 15:17

Dogecoin and XRP Show Potential for Gains Amid Shifts in Cryptocurrency Market Sentiment

This week, Dogecoin (DOGE) and XRP have emerged as leading altcoins, gaining 25.5% and 16.2% respectively, as investors seek higher-risk assets beyond Bitcoin. This trend indicates a growing appetite for