In a Wednesday X post, the co-founder and president of Gemini suggested the SEC publicly fire all staff members involved in the investigation.

During a Wednesday meeting, lawmakers and industry experts expressed less urgency to speed-run new crypto reforms.

The Federal Bureau of Investigation said on Wednesday that North Korea was responsible for the theft of approximately $1.5 billion in virtual assets from cryptocurrency exchange ByBit.

Safe{Wallet} has released a statement on Bybit's targeted. The forensic report has left former Binance CEO Changpeng Zhao with more questions than answers and he heavily criticized them claiming the report is written in vague language to brush over the issues.

The crypto market is bleeding, with most coins losing over 15% this week. But these 3 altcoins defied the crash, soaring over 20%!

The exchange's volume metrics will likely continue to serve as a barometer for institutional crypto adoption going forward.

Patrick McHenry, a longtime crypto advocate in Congress, has joined Andreessen Horowitz (a16z) as a senior advisor. His transition from policymaker to industry consultant underscores the private sector's growing role in shaping regulatory discussions around digital assets and emerging technology. The post Former Crypto-Friendly Congressman Patrick McHenry Joins a16z as Senior Advisor appeared first on Cryptonews.

The apparent stand-off mirrors that of WazirX and Liminal Custody, which blamed each other following a $230 million exploit last July.

The SEC is retreating from cases against Tron's Justin Sun and crypto exchange Gemini, signaling a softer stance on the industry.

After consistent bearish signals, President Trump's surprise announcement of EU tariffs has devastated Bitcoin and the broader crypto market. Crypto-related traditional stocks are feeling the heat as the contagion spreads.

In recent days, the SEC has withdrawn cases against Coinbase, OpenSea, Robinhood and UniSwap and entered talks with Justin Sun.

Circle co-founder Jeremy Allaire has called for US dollar-pegged stablecoin issuers to be registered in the United States, emphasizing the need for regulatory clarity as lawmakers introduce new legislation on digital assets. Allaire made the statement during a Bloomberg interview on Feb.

The crypto market has experienced an unprecedented surge in volatility, with established coins like Bitcoin and Ethereum facing extreme price swings. Since January, the frequency of flash crashes has risen sharply, erasing billions from the market.

Hacked accounts are increasingly used to promote scam tokens, as seen in Pump.fun's breach. Binance founder CZ warns users about fraudsters leveraging compromised accounts to deceive investors. Experts urge stronger security measures to protect against rising crypto scams on social media platforms. The post CZ Warns of Hacked Accounts Promoting Scam Tokens Amid Pump.fun Breach appeared first on Cryptonews.

Cryptocurrency exchange Bybit has awarded a collective bounty of $4.2 million to five bounty hunters that have helped trace and freeze funds that were stolen from the exchange in a hack. Bybit is offering a total bounty of $140 million, which is equal to 10% of the $1.

Gemini co-founder and president Cameron Winklevoss said the decision marks another milestone to end the war on crypto but thinks the damage might have already been done.

The 2022 collapse of FTX has become one of the most expensive Chapter 11 cases in U.S. history. According to a Bloomberg report, the fees associated with FTX's bankruptcy proceedings have nearly reached $1 billion.

The meme coin revolution is unstoppable, with digital assets like Dogecoin (DOGE), Shiba Inu (SHIB), and Floki Inu (FLOKI) captivating traders with their wild price swings and viral appeal. From community-driven growth to unexpected utility, these tokens have rewritten the rules of crypto.

Senator Cynthia Lummis convened the first hearing of the U.S. Senate Banking Committee Subcommittee on Digital Assets on Feb. 26. The hearing was titled “Exploring Bipartisan Legislative Frameworks for Digital Assets.

Lawmakers are starting to get cracking on crypto legislation with hopes that bills can soon get signed by Trump by the end of the year.

The SEC and crypto entrepreneur Justin Sun are looking into potentially resolving its case involving fraud.

Bank of America CEO Brian Moynihan has confirmed that the bank plans to enter the stablecoin market, should US regulations allow it. Speaking at a Washington, D.C.

The SEC, Justin Sun and three of his companies jointly asked a US federal court to pause the regulator's case against the crypto entrepreneur.

The SEC, Justin Sun and three of his companies jointly asked a US federal court to pause the regulator's case against the crypto entrepreneur.

Several investors are currently in limbo regarding the best cryptos to buy before April.

The popular battle royale game Fortnite recently added fake crypto in-game as a joke to poke fun at the cryptocurrency industry. However, crypto degens took it seriously and launched a meme coin named ‘$DB,' on Solana which soared to a market cap of $4.78 million.

The UAE city-state is introducing new regulations that will require virtual asset issuers and service providers to disclose the identities of major token holders. The aim is to boost transparency and protect investors.

America's second-largest bank, Bank of America, has hinted at plans to launch its USD-backed stablecoin if comprehensive legislation is passed. Bank of America would potentially become the first major bank to embrace digital currencies for payments and transfers.

Dune Analytics announced support for 100 blockchains on February 26, 2025, expanding its data tools amid increasing demand for unified cross-chain analytics.

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The "RollOut" program will offer tools, resources and funding from firms, including Google, Coinbase Ventures and Dragonfly.

House lawmakers advanced a resolution in committee that aims to prevent the IRS from imposing tax reporting requirements on DeFi projects.

The DePIN Pledge could significantly shift the Web3 landscape by reducing reliance on centralized systems, fostering true decentralization. The post Fluence introduces DePIN pledge to accelerate web3‬ ‭adoption of decentralized infrastructure, backed by‬ ‭leading DePIN firms‬ ‭ appeared first on Crypto Briefing.

Backpack Exchange has introduced Interest Bearing Perpetuals, a feature designed to improve capital efficiency and optimize trading strategies.

The chief investment officer of crypto asset management firm Bitwise says the industry needs a new selling point now that memecoins are losing mindshare.

FTX's bankruptcy has resulted in $950 million in legal and advisory fees, making it one of the most expensive corporate collapses. Despite the costs, most creditors are expected to recover 118% of claims. The post FTX Bankruptcy Costliest Ever, Nears $1 Billion in Fees: Bloomberg appeared first on Cryptonews.

The recent Bybit hack is a geopolitical issue rather than a fundamental flaw in cryptocurrency security, according to Crucible Capital's Meltem Demirors.

According to data provided by CoinGlass, more than $423 million worth of crypto has been liquidated over the past four hours alone.

The recent $1.4 billion Bybit hack has put cybersecurity in the crypto industry into sharper focus as firms search for a way forward.

Early positioning is often the defining factor between moderate returns and life-changing wealth in the fast-moving world of cryptocurrencies.

Bank of America CEO Brian Moynihan signals the financial industry's shift toward the crypto economy, highlighting stablecoins' potential and the balance between digital innovation and traditional banking services. The post Bank of America CEO Hints at Launching Dollar-Pegged BofA Stablecoins appeared first on Cryptonews.

The altcoin and meme coin sectors incurred significant losses on Feb. 26, 2025, as investor apprehension over former President Donald Trump's proposed EU tariffs sparked a widespread sell-off, with safe coin (SAFE) declining by 8.83%. Altcoins Plummet Amid Trump-EU Tariff Uncertainty Global cryptocurrency market capitalization dropped 3.16% to $2.

Lawmakers have taken a step toward overturning a tax rule that mandates “custodial brokers” to gather and report user data to the IRS. The measure, which has sparked debate over its potential impact on financial institutions and taxpayers, now awaits a vote in the full House of Representatives.

A Russian national accused of cryptocurrency market manipulation has been extradited to the United States to face federal charges. Aleksei Andriunin, the Gotbit Founder, appeared in a Boston court following his extradition from Portugal, where he had been residing.

Global cryptocurrency markets have lost more than $800 billion in recent weeks. As the Financial Times (FT) reported Wednesday (Feb. 26), this rout comes as the enthusiasm within the crypto sector that came with Donald Trump's election victory begins to fade.

Bybit revealed that the recent $1.4 billion hack did not compromise its infrastructure and was caused by a vulnerability in a Safe developer machine. According to the exchange's initial forensic report, the attack was executed through Safe's AWS S3 bucket, allowing bad actors to manipulate the wallet front end.

The capital markets firm Citadel Securities is reportedly planning on diving into the crypto sector. Bloomberg, citing “people familiar with the matter,” reports that the market maker aims to serve as a liquidity provider for crypto assets.