Chainflip to Block Bybit Hack Funds With New Protocol Upgrade
Market maker Chainflip has announced it will proceed with a plan to enable interfaces to block illicit flows within the Chainflip protocol. Specifically, the market maker said a new upgrade would block funds from the Bybit hack. Chainflip, which describes itself as one of the largest decentralized cross-chain services, said it took this step because there is broad consensus that such funds expose liquidity providers (LPs) to excessive risk.
A statement shared via X on Feb. 25 said Chainflip had moved quickly to cut off access to its main interface after flows from the Bybit hack were detected Feb. 22. This was a few hours after alleged North Korea-backed hackers stole digital assets worth nearly $1.5 billion. Chainflip added that its network participants have no interest in supporting criminal activity.
Explaining how the upgrade to existing broker-level screening tools is expected to help thwart the Bybit hackers and other bad actors, Chainflip said:
Currently, brokers (a state chain role used by interfaces to interact with the network) can reject incoming BTC deposits if they detect a high-risk transaction using any screening tool of their choice (or a combination thereof). Rejected deposits are sent back directly to the refund address specified by the user. This feature is now being extended to Ethereum and all ERC20 tokens.
Shortly after conducting what has been described as the “largest financial heist” in history, the Bybit hackers began converting and swapping the stolen digital assets into bitcoin (BTC). Some reports suggested hackers had succeeded in cashing out digital assets worth millions of dollars.
To stop the hackers, some in the crypto industry called on platforms like Chainflip to freeze the illicit funds. At the time, Chainflip argued its decentralized protocol could not completely block the funds.
However, in one of its posts on X since the hack, Chainflip suggested the upgrade, expected to go live within 72 hours, would provide robust and permanent protection for LPs on the network. It claimed the upgrade would make its platform unattractive to criminals looking to launder stolen funds.
Meanwhile, Chainflip suggested to its users that the steps it has taken are based on commercial reasons and not due to regulatory pressure.
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Top Crypto AI Projects for 2025: Decentralized Solutions Shaping the Future
Global developers solve contemporary computing problems through decentralized networks including Bittensor, NEAR Protocol, AIOZ Network and Render Network. The platforms leverage blockchain technology to provide next-generation instruments for machine learning combined with content distribution and 3D rendering operations.
Consequently, a growing number of tech experts explore these systems to create efficient, scalable applications.
Current price :$429.37
Market cap:$3.61B
Bittensor leads the charge with its decentralized machine learning network, rewarding developers with TAO tokens for valuable contributions. Programmers train models together, tapping into a shared pool of intelligence. This approach draws attention from those seeking cost-effective AI solutions without centralized control.
Current price: $3.31
Market cap:$3.93B
NEAR Protocol attracts developers with its user-friendly design, swapping complex wallet addresses for simple account names. The platform tackles slow transaction speeds and limited scalability, common headaches in other blockchains. Besides, its Doomslug consensus mechanism ensures smooth operation, appealing to creators of everyday decentralized apps.
Current price: $0.4160
Market cap:$482.95M
AIOZ Network maintains momentum through its extensive use of decentralized systems that optimize video streaming framework and storage operations. The connection between Ethereum and Cosmos enables developers to access affordable fees and adjustable smart contracts. Additionally, the platform rewards users who share resources, sparking interest in its live streaming capabilities.
Current price: $3.96
Market cap:$2.05B
Render Network connects artists with node operators, offering fast GPU-based rendering through a peer-to-peer system. This setup cuts costs and boosts efficiency for 3D projects. Moreover, developers build new tools on the platform, eyeing its potential for digital economy applications.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
SOL, XRP Bounce; Here’s the Altcoin Whales Accumulated During Bitcoin’s Pullback
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Whales are quietly accumulating Rollblock as Solana and XRP rebound, signaling a major opportunity in GameFi’s next breakout token.
Table of Contents
Why whales are quietly accumulating Rollblock
Could whale activity spark Solana comeback?
Could Ripple ETF approval boost XRP price?
Rollblock set to surge 50x in 2025
As Solana and XRP recover from recent dips, sharp-eyed investors are shifting focus to Rollblock (RBLK). While the market was distracted by Bitcoin’s pullback, whales quietly accumulated RBLK, signaling confidence in its long-term potential. With its GameFi ecosystem and strong deflationary tokenomics, Rollblock is emerging as a high-upside altcoin. Analysts predict significant price surges of up to 100x by year-end, making it a top investment opportunity.
Why whales are quietly accumulating Rollblock
Rollblock (RBLK) is transforming online gaming with over 7,000 fully immersive games already live and generating substantial revenue. The platform includes poker, roulette, and sports bidding, offering players a diverse and engaging experience.
Transparency sets Rollblock apart from traditional gaming platforms. Every transaction is recorded on-chain, ensuring fairness and eliminating concerns about rigged games. This trust-based system attracts Web3 gamers looking for a secure and verifiable gaming environment.
December marked a significant milestone for Rollblock. The platform recorded a 600% increase in new users and processed $1.75 million in wagered bids. Investor confidence has soared, with presale inflows surpassing $10.5 million. Stage 10 tokens are selling quickly, and an exciting 50% token bonus promotion is in effect. The introduction of fiat payment options via Apple Pay, Google Pay, and Mastercard has made it easier for users to join the ecosystem.
Rollblock also implements a strong deflationary model. The platform allocates up to 30% of its revenue to buy back RBLK tokens. Of these, 60% are permanently burned, reducing supply, while the remaining 40% funds staking rewards of up to 30% APY. This strategy drives long-term demand and price appreciation.
Tokens are currently selling for $0.06 and major exchange listings are expected to push the price higher in the coming months. Rollblock is emerging as a top-tier GameFi project, providing investors with a unique opportunity to secure early gains before the next big rally.
You might also like: Solana in consolidation as analysts expect Rollblock to make great returns
Could whale activity spark Solana comeback?
A Binance whale made four daily withdrawals of 174,767 SOL, totaling $29.88 million. The whale shifted these funds from February 17 to February 20, completing the transaction of 100,000 SOL on the 20th. The whales staked the assets rather than selling them, suggesting they remain confident in Solana’s long-term performance.
Major stakeholders believe Solana will experience an upward price movement or plan to hold their positions within the ecosystem for the long term based on this mass staking action. The immediate price impact has appeared on SOL’s market price. After the withdrawal, the SOL price decreased by 2.81%, dipping to $173.50 from its previous value of $178.10 on February 21.
Solana is now trading at $173.71, reflecting a 10.13% decrease in the last 7 days. Solana’s trading volume has dropped by 28%. Market analysts believe such whale movements could influence Solana’s price trajectory in the coming weeks. If more large investors follow suit, bullish momentum may strengthen, potentially driving SOL toward new highs.
Could Ripple ETF approval boost XRP price?
Ripple (XRP) is gaining traction after Brazil approved its first-ever spot XRP ETF. The ETF will be listed on the B3 exchange, marking a significant step toward institutional adoption. JP Morgan estimates that XRP ETFs could attract between $3 billion and $6 billion in new investments.
However, Ripple’s value has shown a minimal price rise over the previous seven days. Nonetheless, investor sentiment remains positive with the possible approval of additional ETFs in the U.S. and the integration of real-world assets (RWA) into the XRP ledger.
XRP maintains its trading position between $2.00 and $3.00 while facing difficulties surpassing this price range. The lack of institutional support for XRP has led several investors to search for new investment avenues as they become increasingly dissatisfied. That said, if U.S. ETFs are approved in 2025, experts project XRP could surge as high as $20 by Q4.
Rollblock set to surge 50x in 2025
Rollblock stands out as one of the market’s highest-potential projects. Its rapidly expanding user base and strong deflationary tokenomics give it a competitive edge. As a result, analysts predict that RBLK could surge up to 50x this year making now a great opportunity to get involved. With its 50% presale bonus now live, buyers are racing to secure early returns before the token’s expected 50x surge.
To learn more about Rollblock, visit the website and its socials.
Read more: BNB Chain, Cardano, and Rollblock to set alight 2025 amid claims of becoming top altcoins
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