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The latest data from blockchain tracking platforms reveals that the entity behind the Bybit exploit has relocated 230,645.05 ETH (valued at $497.4 million) across multiple transactions completed during a four-day window. This calculated redistribution of ether, executed with methodical precision, highlights both the scale of cryptographic wealth movement. Bybit Hackers Scatter Ether Stash Across Multiple […]

Supporters of the decentralized exchange Thorchain have pushed back against claims that the protocol is actively aiding North Korea-backed hackers attempting to cash out funds from the Bybit hack. FUD Allegations Reports that Thorchain, a decentralized exchange (DEX) platform, is refusing to block alleged North Korea-backed hackers from laundering ether (ETH) stolen from Bybit have […]

The IMF, which informally approved the deal last year, states that this program aims to boost El Salvador’s finances and growth prospects. However, the Bukele administration must “confine” its bitcoin activities and purchases in return. Done Deal: IMF Greenlights $1.4 Billion Credit, Limits Salvadoran Bitcoin Purchases The International Monetary Fund (IMF) has finally greenlighted a […]

New legislation would mandate fraud warnings, transaction limits, and mandatory refunds for crypto ATM users, aiming to curb scams and hold operators accountable. Senators Introduce Crypto ATM Fraud Prevention Act U.S. Senator Jack Reed (D-RI) announced on Feb. 26 that he has introduced the Crypto ATM Fraud Prevention Act (S. 710) to address the growing […]

The country’s authorities opened bullion services in two state-owned institutions and declared that more licenses could follow. Prabowo Subianto, president of Indonesia, stated that this bullion initiative could “help save the country’s foreign exchange.” Indonesia Launches Bullion Banking, Aims to Include Gold Savers Into the Country’s Formal System Indonesia is launching formal bullion-based banking, joining […]

As twilight falls on Thursday, Feb. 27, 2025, bitcoin danced just above $84,000, its movements a meandering ballet ahead of Friday’s opening sessions. Traders braced for a weekend tango between $82,000 and $89,000 per BTC, set against a backdrop of macroeconomic suspense with the current Trump administration. Futures Expiry and Political Winds Fuel Speculation At […]

BDACS, South Korea’s first regulated custodian for institutional digital assets, unveiled a strategic alliance with blockchain firm Ripple on Feb. 26, 2025, designed to broaden safeguarded custody offerings for XRP, RLUSD, and related cryptocurrencies. Ripple, BDACS Forge Strategic Alliance According to Ripple’s announcement, the partnership mirrors the nation’s methodical regulatory blueprint for institutional digital asset […]

Mask Network founder Suji Yan’s personal digital assets worth nearly $4 million were stolen in a suspicious transaction. Coordinated Laundering Attempt The blockchain security firm Cyvers said Feb. 27 it had detected suspicious transactions linked to Suji Yan, the founder of Mask Network. At the time of writing, the suspicious address had received nearly $4 […]

Block states that this is a solution to a multibillion-dollar problem waiting to happen. Owners of Bitkey, the company’s hardware wallet, will be able to link a partner address where the funds will be deposited six months after the owner’s death. Block Rolls out Bitcoin Inheritance Feature for Bitkey Users Block, the Bitcoin company co-founded […]

This is a paid promotional article. We encourage you to conduct your own due diligence before participating in any related transactions. PRESS RELEASE. Ripple’s native token XRP is at a crucial crossroad as XRP whales are scanning the market for new opportunities to amplify returns. One project capturing these whales’ attention is XRPTurbo, an AI […]

Federal authorities arrested three individuals in California for allegedly laundering over $13 million from victims of crypto investment scams known as “pig butchering.” The suspects, including Chinese nationals Mingzhi Li and Zeyue Jia, along with Jun Shi, allegedly created shell companies—Magic Location Trading and Stone Water Trading—to operate unregistered money service businesses that funneled funds […]

Coinbase has partnered with Onboard Global to offer Nigerian users secure and efficient cryptocurrency trading. Shielding Coinbase from Regulatory Risk Coinbase and Onboard Global have partnered to provide secure and efficient cryptocurrency trading for Nigerian users. The collaboration enables the purchase of cryptocurrency with local currency through a peer-to-peer (P2P) exchange, with streamlined verification and […]

Aya Miyaguchi has transitioned from executive director to president of the Ethereum Foundation, effective Feb. 25, 2025, as part of a leadership restructuring aimed at addressing community concerns and advancing institutional partnerships. Aya Miyaguchi Steps Into Ethereum Foundation Presidency Miyaguchi, who joined the nonprofit in 2018, oversaw key milestones such as Ethereum’s 2022 transition to […]

Bank of America could launch a U.S. dollar-pegged stablecoin if federal lawmakers pass legislation creating a regulatory framework for such digital assets, CEO Brian Moynihan stated in a Feb. 26, 2025, interview with Fortune magazine. BOA’s Stablecoin Plans Hinge on Pending Congressional Legislation, CEO Says BOA boss Brian Moynihan likened the proposed stablecoin to a […]

Bitcoin exchange-traded funds (ETFs) faced a massive $1 billion outflow on Feb. 25, marking the largest single-day withdrawal since their inception. Ether ETFs also experienced a significant net outflow of $50 million. Historic Withdrawal Sees Bitcoin ETFs Lose $1 Billion in a Day With Ether ETFs Down $50 Million On Tuesday, Feb. 25, U.S. spot […]

This is a paid promotional article. We encourage you to conduct your own due diligence before participating in any related transactions. Dogecoin and Shiba Inu continue to slide, leaving meme coin investors wondering when this current downturn will end. Both coins have struggled to gain traction in early 2025. Meanwhile, one crypto expert is watching […]

The DOJ has allegedly already opened an investigation regarding President Javier Milei’s role in the promotion of Libra and the involvement of the project’s founders, Kelsier Ventures’ Hayden Davis, KIP Protocol’s Julian Peh, and two Argentine entrepreneurs, in the scheme. DOJ Starts Libra Case Investigation Libra, the cryptocurrency project made famous by the endorsement of […]

The former CEO of embattled cryptocurrency exchange FTX was found guilty on seven counts of fraud last year and is currently serving a 25-year prison sentence. After Two-Year Absence, Sam Bankman-Fried Reappears to Discuss DOGE Sam “SBF” Bankman-Fried is currently detained at the Metropolitan Detention Center in Brooklyn, New York, serving a 25-year sentence issued […]

Market sentiment remains uncertain with bitcoin falling below $90,000 for the first time in a month, triggering over $200 million in liquidations. Bitcoin Drops Below $90,000, Triggers $200 Million in Liquidations QCP Insights’ latest report analyzed the effect of bitcoin dipping below $90,000 for the first time in a month and triggering over $200 million […]

Blackrock has transferred about 18,168 ether and 1,800 bitcoin, worth around $44 million and $160 million, to the centralized crypto platform Coinbase. Blackrock’s Digital Asset Strategy and Rebalancing in the Spotlight Onchain observers noted that the transfers occurred within a short window, indicating that the financial giant Blackrock is actively moving its digital asset holdings. […]

Tokyo-listed investment firm Metaplanet has acquired an additional 135 BTC for $12.9 million, bringing its total bitcoin holdings to 2,235 BTC. The company has outlined ambitious targets of 10,000 BTC by 2025 and 21,000 BTC by 2026 as part of its strategic treasury operations. Japan’s Metaplanet Aims for 10,000 BTC by 2025 Metaplanet Inc., a […]

The Virtual Assets Regulatory Authority (VARA) has issued an alert regarding MKAN Coin DMCC, which advertised virtual asset activities in the United Arab Emirates (UAE) without the necessary regulatory approval. VARA has instructed the company to cease all unlicensed operations and imposed a fine. The regulator said MKAN Coin’s activities expose users to significant financial […]

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how Tether is expanding both its foothold and its business to pivot from a model that is on the verge of a dramatic expansion to a Latam-focused general crypto company. Latam […]

Infini, a Hong Kong stablecoin neobank, confirmed a $49 million hack due to exploited administrative privileges, just days after a massive breach at Bybit. Infini: Runway Still Solid The Hong Kong stablecoin neobank, Infini, confirmed on Feb. 24 that hackers breached its platform and investigations were underway. In a statement shared via X, the neobank […]

The SEC’s Crypto Task Force met with Michael Saylor to discuss a groundbreaking regulatory framework that could legitimize digital assets, fuel market growth, and secure U.S. dominance. Michael Saylor Pushes SEC for a Crypto Framework That Could Change Everything The U.S. Securities and Exchange Commission (SEC) Crypto Task Force met with Microstrategy’s executive chairman, Michael […]

Bitcoin currently hovers at $93,983, boasting a valuation of $1.86 trillion and a 24-hour trading volume of $35 billion. Its intraday movement oscillates between $93,607 and $96,480, resting 13.6% beneath its historic price peak. Bitcoin On the BTC/USD 1-hour chart, fleeting fragility persists as bitcoin carves successive troughs and wavers near the $93,607 support. Bears […]

XRP is currently trading between $2.42 and $2.44, with a market capitalization of $141 billion and a 24-hour trade volume of $4.29 billion, fluctuating within an intraday range of $2.42 to $2.59. XRP XRP’s one-hour chart reflects short-term bearish momentum, with the digital asset forming lower lows and struggling to break above resistance at $2.5. […]

On Monday, Michael Saylor, CEO of enterprise analytics firm Strategy (formerly Microstrategy), revealed the company procured 20,356 bitcoin for $1.99 billion. Michael Saylor’s Strategy Adds 20,356 Bitcoin to Portfolio Amid Market Fluctuations The transaction marks Strategy’s latest expansion of its cryptocurrency portfolio since its prior purchase on Feb. 10. In a post to X, Saylor […]

Singapore-based Bgin Blockchain Limited has filed with the U.S. Securities and Exchange Commission for an initial public offering (IPO) expected to raise up to $50 million. The company plans to offer approximately 59.54 million Class A ordinary shares and 15.69 million Class B ordinary shares, seeking to list its Class A shares on Nasdaq under […]

Chinese Embassy to the U.S. spokesman Liu Pengyu stated that politicizing and weaponizing trade issues is against the ethos of what the U.S. seeks to champion: fair competition and free trade between China and the U.S. China Complains the US Is Using Trade Issues as a Weapon The weaponization of trade relations by the U.S. […]

The Czech National Bank is exploring bitcoin’s potential as a reserve asset, with its governor emphasizing the need to adapt to evolving financial markets despite crypto risks. Czech Central Bank Signals Bitcoin Interest—A Step Toward BTC Reserves? Aleš Michl, governor of the Czech National Bank (CNB), renewed discussion on social media platform X last week […]

In January, Swiss gold exports to the U.S. reached a record high of 193 metric tons, driven by fears of potential tariffs. This surge, exceeding the total for 2024, was triggered by a premium on Comex gold futures, creating a profitable opportunity for traders to deliver gold to U.S. warehouses. Due to differing bar sizes […]

According to David Eastman, Yougov’s managing director for Latin America, this shows the advance of crypto in Brazil and should serve as a wake-up call for banks. Yougov Poll Shows Some Users Would Substitute Banks With Crypto A recent survey conducted by Yougov, an international online research data firm, has given insights into the advancement […]

Renç Korzay, CEO of Giza, emphasizes that ethical considerations in AI agent development must be “architecturally enforced.” He advocates for built-in user control and “security-by-design” to minimize regulatory burdens. ‘Architecturally Enforced’ User Security The rapid advancement of artificial intelligence has led to the development of increasingly sophisticated AI agents, capable of performing complex tasks across […]

President Donald Trump announced the end of the Biden administration’s “war on bitcoin and crypto” during a speech this week at Miami’s FII Priority Summit, vowing to solidify the U.S. as the world’s undisputed leader in digital currency innovation. ‘America Will Be the Crypto Capital,’ Trump Says at Summit Trump declared an end to what […]

The SEC’s crypto enforcement program is unraveling, with legal retreats and restructuring. A former SEC official predicts the Ripple appeal is next to be abandoned. SEC’s Ripple Fight Nears Collapse, Former SEC Official Signals the End The U.S. Securities and Exchange Commission (SEC) appears to be unraveling its crypto-enforcement program, with multiple legal retreats and […]

Franklin Templeton has filed for a Solana ETF, aiming to track SOL’s market performance while allowing share purchases with cash or crypto and staking holdings for rewards. Franklin Templeton Files for Solana ETF With SEC Franklin Templeton, through its affiliate Franklin Holdings LLC, filed a registration statement with the U.S. Securities and Exchange Commission (SEC) […]

Kanye West, legally known as Ye, plans to introduce a meme-inspired cryptocurrency named YZY — a move that comes even after he publicly condemned such tokens as manipulative and driven by empty buzz. Ye Follows CZ on X Causing Binance Listing and Doginal Link Whispers The polarizing music icon, Ye, whose Yeezy brand will reportedly […]

A survey of FTX creditors reveals a strong inclination to reinvest their repayments in cryptocurrencies, with solana (SOL) being the most popular choice. FTX Creditors’ Love Affair With Solana A new survey found that 79% of FTX creditors plan to reinvest their repayments into cryptocurrencies, with 29% of the reimbursed funds allocated for this purpose. […]

Bitcoin payments firm Strike now offers callback phone support to its verified U.S. customers. “We know that sometimes a phone conversation is the most effective way to get the help you need,” the company said when it officially announced the service on Thursday, also calling it “the best support experience in bitcoin.” Phone support is […]

Russia’s Supreme Court is pushing to classify cryptocurrency as property in penal cases, aiming to strengthen law enforcement’s ability to track, freeze, and confiscate illicit digital assets. Russia’s Supreme Court Advances Crypto Legalization Efforts Russia’s Supreme Court has taken an increasingly active role in defining the legal status of cryptocurrency, with its latest efforts focusing […]

Bybit scrambled to process over 350,000 withdrawal requests after a massive hack, with executives calling it possibly the worst financial breach ever. Bybit in Crisis Mode—350,000 Withdrawals Flood the System Ben Zhou, CEO of crypto exchange Bybit, provided an update on social media platform X on Feb. 21 regarding the company’s response to a recent […]

Lawmakers are demanding urgent FDIC action to end “debanking,” warning that unchecked regulatory power threatens financial access and could be weaponized against lawful businesses. 5 Recommendations to End ‘Debanking’: Congress Pressures FDIC to Act Now House Financial Services Committee Chairman French Hill, along with Representatives Dan Meuser, Andy Barr, and Bryan Steil, have urged the […]

Bitget Wallet has integrated decentralized lending protocol Aave to allow users to stake USDT and USDC across five blockchain networks while retaining self-custody of assets. Aave Integration Enables Cross-Chain Stablecoin Staking on Bitget Wallet Bitget Wallet has integrated decentralized lending protocol Aave to allow users to stake USDT and USDC across five blockchain networks while […]

A Fidelity Digital Assets report indicates that Bitcoin’s primary scaling solution is growing at roughly twice the rate shown by public data because much of its network activity remains private. The Lightning Network Is Growing and Institutions Are Taking Notice The total capacity of Bitcoin’s Lightning Network has jumped 384% since 2020 as an increasing […]

The Hedera blockchain’s first-ever layer two solution “UP” was announced in October 2024. Polygon protocol Agglayer will now facilitate interoperability between UP and Karate Combat’s official token. Agglayer to Power Karate Combat Token Launch on UP The Karate Combat token (KARATE) which is already available on Hedera and Ethereum is now slated to launch on […]

Biden’s sanctions weakened the U.S. dollar, cost American companies $300 billion, and made Russia more self-reliant, a top Russian investment official said. Effects of Biden’s Economic Policies and Sanctions on Russia Kirill Dmitriev, chief executive of the Russian Direct Investment Fund (RDIF), criticized the economic policies of former U.S. President Joe Biden, asserting that they […]

Binance is strengthening crypto security with Hong Kong police, enhancing collaboration to combat cybercrime and financial threats in the blockchain industry. Binance Strengthens Cybercrime Collaboration With Hong Kong Police Crypto exchange Binance revealed on Feb. 20 that CEO Richard Teng recently met with Raymond Lam Cheuk Ho, Chief Superintendent of the Cyber Security and Technology […]

The U.S. seeks to forfeit millions in crypto from a Binance account, alleging wire fraud and money laundering tied to a fraudulent investment scheme. US Government Moves to Forfeit Crypto Seized from Binance Account The U.S. government has initiated a civil forfeiture action against cryptocurrency holdings seized from a Binance account, alleging their involvement in […]

On Thursday, Ross Ulbricht, the founder of the Silk Road, posted on social media expressing that Roger Ver warrants support and that “no one should spend the rest of their life in prison over taxes.” Ross Ulbricht Rallies Support for Roger Ver After regaining his freedom earlier this year, following Donald Trump’s inauguration and the […]