Circle has partially assisted the Bybit hack investigation, but ZachXBT claims the stablecoin issuer did not react quickly enough to blacklist and freeze USDC addresses linked to the hack.
Aptos (APT) is currently at a critical juncture in its price action, testing a crucial support zone around $5.91. At press time, APT is priced at $6.18, reflecting a 9.48% increase, as it shows signs of a potential rebound from this support level.
Bitwise Asset Management has taken a major step towards launching an Aptos-focused exchange-traded fund (ETF) by registering an Aptos ETF entity in Delaware. The filing, submitted on February 25 to the Delaware Division of Corporations, signals the company's intention to introduce a spot ETF centered on the layer-1 cryptocurrency Aptos.
Bitwise Asset Management has moved forward with a filing to establish an Aptos (APT) exchange-traded fund (ETF) by registering a Delaware trust. This filing marks the first effort by an asset manager to create a dedicated ETF for Aptos, positioning Bitwise as a pioneer in bringing the token to a broader investment audience.
Aptos holds a critical support zone, showing signs of a bullish reversal.
Bitcoin, Ethereum, and other top cryptocurrencies are holding onto their recent losses, while Aptos surged following an ETF filing.
Aptos (APT) has spent the past month consolidating within a tight range, with its price bouncing between $5.63 and $6.53. This stagnation has been primarily driven by broader market volatility, leaving traders uncertain about the token's direction.
Binance enables USDC deposits and withdrawals on the Sui Network, boosting liquidity and transaction speed. Users can now send and receive USDC on Sui directly via Binance, avoiding bridges and extra steps.
Bitwise Asset Management has registered an Aptos ETF entity in Delaware, a move that could open future spot exchange-traded funds centered on the layer-1 crypto.
TL;DR Bitwise has registered the “Bitwise Aptos ETF” in Delaware, signaling its intent to file a formal application with the SEC to launch a fund based on Aptos (APT). APT's price surged 10.63% in 24 hours, defying the bearish trend in the crypto market and highlighting the growing interest in this Layer 1 blockchain.
The Aptos (APT) token defied the broader crypto market downturn, surging over 8% after Bitwise registered an interest in launching a spot exchange-traded fund (ETF) focused on the asset. While major cryptocurrencies like Bitcoin and Ethereum dropped more than 3% during this period, APT outperformed the top 50 digital assets, reaching $6.
While Bitcoin remains below the supply zone around $90k, bulls have seen BTC bounce from lows of $82k hit on Wednesday as cryptocurrencies crashed. Despite the lingering economic concerns and tariffs, Bitcoin has reclaimed the $86k area. Several altcoins have also held up at key support levels, including Ethereum, XRP and Solana.
Bitwise registers a Delaware trust for an Aptos (APT) ETF, marking a significant step in the ETF's launch process. Aptos (APT) price surges 10.05% following the ETF news, trading at $6.18 with a market cap of $3.64 billion.
The crypto market suffered a further decline in early trading, with the market cap declining by nearly 3% and settling at $2.84 trillion. Bitcoin (BTC) and other cryptocurrencies registered substantial declines, with fears of a further decline driving investors to safe-haven assets.
Cryptocurrencies display mixed performances as altcoins seemingly decouple from Bitcoin. BTC plunged to $82K as bearish sentiments grew with Trump tariffs denting the global financial space. However, some altcoins recorded substantial bounce-backs within the past day, signaling the upcoming selective altcoin season. APT soared nearly 15% from daily lows of $5.5411 to $6.3695.
Bitwise has submitted a registration filing for an Aptos ETF to the Delaware's Department of State, paving the way for a possible ETF launch.
Bitwise Asset Management has revealed that the BITWISE APTOS ETF has been registered in Delaware, USA. Other APTOS ETPs have also been launched in Europe, including Bitwise Aptos Staking ETP and 21Shares Aptos Staking ETP.
Losses in crypto markets mirrored those in U.S. equities after lesser-than-expected earnings from technology stalwart Nvidia failed to wow investors.
Bitwise Asset Management has taken the first step toward launching an Aptos (APT) exchange-traded fund (ETF), filing for a Delaware trust linked to the proposed product.
Bitwise has registered a 'Bitwise Aptos ETF' entity in Delaware, according to the official registration portal.
PayPal CEO emphasized blockchain's role in real-world payments, positioning PYUSD as a key player in the digital economy.
Bitwise's move signals growing diversification in crypto ETFs, potentially broadening market access and investor interest in varied digital assets. The post Bitwise files for Aptos ETF via Delaware trust, prepares for SEC registration appeared first on Crypto Briefing.
The stablecoin payment option will initially be available at Metro Paragon and Metro Woodlands locations.
The expansion of USDG to Solana marks a significant step in its mission to become a leading stablecoin for global transactions.
The blockchain industry is rapidly advancing, with an increasing need for systems that can handle the surge in demand for transacting and interacting with on-chain applications. However, scaling blockchain networks while maintaining decentralization and security remains a significant challenge. Aptos has made strides in addressing this challenge through its innovative approach to horizontal scaling.
In a major advancement for the adoption of stablecoins in the financial sector, the Dubai International Financial Centre (DIFC) has officially recognized USDC and EURC as the first regulated stablecoins within its legal framework. This recognition marks a key milestone for Circle as it establishes itself against its direct competitor, Tether's USDT.
This is the first time stablecoins have received this status in Dubai's International Financial Centre (DIFC). It marks a major step forward for digital payments and crypto adoption in the region.
The Dubai Financial Services Authority (DFSA) approved USDC and EURC as recognized crypto tokens within the Dubai International Financial Centre.
The crypto market plunged into the red, shaving off over $230 billion after President Donald Trump announced that tariffs on Canada and Mexico would be effective in March. As a result, market sentiment sank to extreme fear, with cryptocurrencies registering significant losses.
The Dubai Financial Services Authority has approved Circle's USDC and EURC as recognized tokens.
Now the two tokens become regulated and can be integrated by financial institutions and fintechs in the DIFC.
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.
The stablecoins has now joined Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple's XRP, and Toncoin (TON) in Dubai's approved list of tradable cryptocurrencies.
Circle's USDC and EURC have been approved as the first stablecoins under Dubai's crypto regulatory framework, enabling their integration into financial services within the Dubai International Financial Centre (DIFC). The post Circle's USDC and EURC Gain Legal Status with DFSA Approval in Dubai appeared first on Cryptonews.
The green light means that businesses in the DIFC will start using the stablecoins on a large scale. The DFSA gave the go-ahead after Circle applied with the authority, marking the first DIFC clearance for stablecoins.
Crypto has gained significant attention and acceptance following a change in the USA's view under Donald Trump's crypto-friendly administration. Under this regime, crypto and related companies are no longer treated like enemies.
Circle's USD Coin (USDC) and EURC have become the first stablecoins to be approved under the Dubai Financial Services Authority's (DFSA) crypto token regime, marking a significant milestone for the stablecoin issuer in the Middle East.
The Dubai Financial Services Authority has approved Circle's USDC and EURC as the first officially recognized stablecoins under Dubai's new token regime. Circle announced on Feb.
Stablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The recognition will allow the 6,000 companies in the Dubai International Financial Centre (DIFC), including financial institutions, to use and promote the two stablecoins.
The Dubai Financial Services Authority has recognized the first stablecoins under its crypto token regime: USDC and EURC.
After winning approvals in the European Union (EU) and Canada, Circle's USDC and EURC have received recognition from the Dubai Financial Services Authority (DFSA). Under the approval, the stablecoins will see mainstream application by firms in the Dubai International Financial Center (DIFC).
With a 78% market share, USDC dominates Solana's stablecoin ecosystem, overshadowing Tether (USDT) and other rivals.
Infini, a stablecoin-focused neo-bank, suffered an exploit that resulted in a loss of approximately $49.5 million in USDC. Blockchain security firm Cyvers detected the breach less than a day after the platform celebrated reaching a $50 million total value locked (TVL) milestone.
Crypto exchange OX.FUN, backed by Three Arrows Capital's Su Zhu, faces insolvency accusations and transparency concerns after freezing a $1 million user deposit, which the exchange claims resulted from market manipulation attempts.
Infini Neobank Hacked, losing $49.5 million USDC due to a compromised private key. The attacker swapped assets to ETH and moved them to a new wallet.
The stablecoin neobank Infini encountered a severe setback on Monday as it fell victim to a hack. As per various on-chain trackers, 49.5 million USDC was drained from the platform.
Circle has minted another 250 million USDC on Solana, pushing its 2025 total issuance to 8 billion USDC as demand for regulated stablecoins grows.
Aptos has created history with its mind blowing hold over the world. The financial system was revolutionized when Aptos started climbing the ladder.