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news-imageFebruary 27, 2025

Bybit receives second in-principle approval in UAE

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has received its second-in-principle license approval to operate a virtual assets exchange platform. This time, it's from the UAE regulatory authority, the Securities and Commodities Authority (SCA).
Publisher: Cryptopolitan
Sentiment: Positive
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Positive
cover-imageCoinPedia
February 27, 2025

Bybit Gets Green Light to Launch Crypto Platform in UAE

Bybit, one of the biggest crypto exchanges, is getting closer to securing a full operational license in the United Arab Emirates (UAE). This approval comes at a crucial time, as the exchange recently suffered a massive $1.4 billion hack.

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Negative
cover-imageAltcoin Buzz
February 27, 2025

US Senator Pushes Bill to Combat Crypto ATM Scams

Amidst ongoing conversations about crypto scams and hacks, a U.S. senator has proposed a bill to tackle crypto ATM fraud. Senator Dick Durbin of Illinois, while speaking at the Senate, noted that senior citizens had become prime targets of crypto scams.

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Positive
cover-imageCryptonews
February 27, 2025

Merchants Report Increase in Crypto Payments for Luxury Goods

The use of crypto payments in luxury retail is increasing, with merchants accepting Bitcoin and altcoins for high-end purchases. This trend signals a shift in consumer behavior as digital assets integrate into premium commerce. The post Merchants Report Increase in Crypto Payments for Luxury Goods appeared first on Cryptonews.

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Positive
cover-imageAltcoin Buzz
February 27, 2025

Fluence Launches DePIN Pledge to Boost Web3 Adoption

Backed by major players like Infura, Consensys, IoTeX, Polygon, Helium, and Blockscout, the pledge takes a bold step. Despite Web3's promise of decentralization, many projects still rely on big cloud providers, creating a bottleneck that stifles innovation.

general-iconGeneral
Positive
cover-imageCrypto Economy
February 27, 2025

Core Scientific Unveils $1.2B AI & Mining Hub After Reporting Q4 Losses

TL;DR Q4 Setback, Bold Expansion: Despite a $265 million Q4 loss driven by non-cash adjustments, Core Scientific announces a $1.2 billion expansion of its data center operations. Strategic AI & HPC Focus: The new Denton, Texas facility, in collaboration with CoreWeave, is poised to become one of North America's largest GPU supercomputers.

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Positive
cover-imageCrypto news
February 27, 2025

Bybit granted in-principal approval to operate in UAE

Bybit has been granted an in-principle approval from the Securities & Commodities Authority of the UAE and is on track to receive the fully operational license. On Feb.

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Negative
cover-imageAltcoin Buzz
February 27, 2025

FBI Confirms North Korea Behind $1.5B Bybit Hack

In a public service announcement, the agency warned that North Korean-linked cybercriminals were behind the attack. They are now actively trying to launder the stolen funds.

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Positive
cover-imageCoingape
February 27, 2025

Crypto Whales Never Sold These 3 Altcoins – Turn $500 to $500K

Altcoins have crashed this year, leaving many retail investors holding the bag. A closer look at on-chain metrics show that some crypto whales still hold tokens that have crashed this year, a sign that they expect their prices to recover.

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Negative
cover-imageCrypto Economy
February 27, 2025

Panic Mode! Crypto Fear & Greed Index Plunges to “Extreme Fear”

TL;DR Extreme Market Panic: The Crypto Fear & Greed Index has dropped to a two-year low of 10, marking “Extreme Fear” and sparking widespread panic as investors react to a deepening downturn. Bitcoin Under Pressure: Bitcoin has tumbled 25% from its January peak, with a surge in $1.

general-iconGeneral
Positive
cover-imageCryptonews
February 27, 2025

Core Scientific Announces $1.2B Data Center Expansion Despite $265M Q4 Loss

Bitcoin mining company Core Scientific has revealed plans for a $1.2 billion data center expansion in partnership with artificial intelligence startup CoreWeave. The post Core Scientific Announces $1.2B Data Center Expansion Despite $265M Q4 Loss appeared first on Cryptonews.

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Negative
cover-imageBitcoin
February 27, 2025

Murder in Korea: Chinese National Killed While Trading Cryptocurrency

A Chinese national was murdered in a luxury hotel in Jeju City, South Korea, while trading cryptocurrency. Four individuals have been arrested in connection with the murder case. The killer also stole nearly $59,000 from the victim. Chinese National Murdered While Trading Cryptocurrency in Korea Wrench attacks are rising in the cryptocurrency space.

general-iconGeneral
Negative
cover-imageCryptoSlate
February 27, 2025

FBI confirms North Korea-backed Lazarus hackers stole $1.5 billion from Bybit

The Federal Bureau of Investigation (FBI) has confirmed North Korea as the culprit behind the recent $1.5 billion exploit on Bybit. In a Feb. 26 Public Service Announcement (PSA), the agency attributed the attack to TraderTraitor, a malicious cyber campaign linked to North Korean threat actors.

general-iconGeneral
Negative
cover-imageNewsBTC
February 27, 2025

Memecoin Scam Alert: Pump.Fun X Account Hacked, Promotes Fake PUMP Token

The Solana-based memecoin Launchpad Pump.fun's X account has been hacked and used to promote fake cryptocurrencies, including an “official” PUMP governance token. On-chain investigators suspect the hack is linked to other X account compromises.

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Neutral
cover-imageUToday
February 27, 2025

Binance's CZ: I Won't Start New Crypto Project

Changpeng Zhao, more commonly known as CZ, a Binance co-founder and its former chief executive, has published a tweet to address the crypto community about the importance of creating new products and improving the current ones in the crypto space.

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Neutral
cover-imageAltcoin Buzz
February 27, 2025

Bybit Releases Investigation Report on Recent Security Breach

The report, titled “Bybit Interim Investigation Report,” provides critical insights into an attack on Bybit's Ethereum Multisig Cold Wallet. It offers clarity for users and the broader crypto community.

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Positive
cover-imageTokenpost
February 27, 2025

CoreWeave Eyes $4B IPO Amid Crypto-Driven Cloud Boom

CoreWeave, a leading AI-focused cloud computing firm, is reportedly preparing for a U.S. public listing within the next week, aiming to raise around $4 billion. According to Bloomberg, the company is targeting a valuation exceeding $35 billion.

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Neutral
cover-imageTokenpost
February 27, 2025

Congress Debates Stablecoin Regulation as Crypto Legislation Gains Momentum

Stablecoins and crypto regulation took center stage at a Senate Banking Committee hearing, marking a key step toward a legislative framework for digital assets. Chaired by Wyoming Senator Cynthia Lummis, a strong crypto advocate, the hearing highlighted bipartisan efforts to regulate stablecoins before tackling broader market structure reforms.

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Neutral
cover-imageBenzinga
February 27, 2025

Jim Cramer Says 'Misunderstood' Robinhood Stock Not Merely A Crypto Play: 'It's An Investment In The Way The Next Generations Will Invest'

Financial analyst Jim Cramer called Robinhood Markets Inc. (NASDAQ:HOOD) a "misunderstood" stock on Wednesday, seeing it as an investment in the future of investing What happened: In an X post, Cramer emphasized that Robinhood is not merely a play on cryptocurrencies or risky options. "It is an investment in the way the next generations will invest, and it has the field to itself because most investment houses don't even want their clients and don't understand what they want," the host of CNBC's popular Mad Money show said.

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