TheNewsCrypto

Bluesky, a decentralized social media platform, raised $100 million in funding led by Bain Capital Crypto, increasing its user base to 43 million. The investment underscores growing support for its AT Protocol, allowing user data control and integration across apps.

Bittensor (TAO) is currently the top trending cryptocurrency, gaining 14.21% in 24 hours, while ZBCN and PHA follow. TAO is expected to face a brief correction, highlighting the volatile nature of crypto markets.

Tom Lee believes Ethereum has reached a bottom, citing historical correlations and a significant discount to realized price, despite skepticism from some users. Ethereum's current price is down over 50% from its 52-week high, with potential for recovery.

Despite renewed enthusiasm from Elon Musk's revived "Dogefather" meme, Dogecoin's price remains flat, showing no immediate reaction in the market. Historically, Musk's posts have driven price increases, but current engagement hasn't sparked similar movements.

Analysts predict that Cardano might experience a significant rally, with potential gains up to 1,750% if key price levels hold. The coin currently trades around $0.27, establishing a pattern that precedes major price movements, influenced by resistance levels.

Bitrefill suffered a cyberattack on March 1, 2026, linked to the Lazarus Group, exposing 18,500 user records and draining funds. The company will cover all losses and has implemented enhanced security measures.

A Maharashtra insurance consultant lost ₹71.6 lakh to crypto investment scams, mirroring India's rising online fraud, with over 24 lakh complaints and ₹22,495 crore in losses reported by the National Cyber Crime Reporting Portal in 2025. Calls for clearer crypto regulations are growing.