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news-imageMarch 19, 2025

David Sacks Defends Crypto Divestment Against Media's ‘Dump' Narrative

David Sacks, the Trump administration's AI and Crypto Czar, has criticized the media for portraying the cryptocurrency market negatively.
Publisher: BeInCrypto
Sentiment: Negative
General

More News Articles

Negative
cover-imageCointelegraph
March 19, 2025

CertiK exec explains how to keep crypto safe after $1.4B Bybit hack

The February hack against Bybit sent ripples through the industry after $1.4 billion in Ether-related tokens was stolen from the centralized exchange, reportedly by the North Korean hacking collective Lazarus Group, in what was the most costly crypto theft ever.The fallout from the hack has left many people wondering what went wrong, whether their own funds are safe, and what should be done to prevent such an event from happening again. According to blockchain security company CertiK, the massive heist represented roughly 92% of all losses for February, which saw a nearly 1,500% increase in total lost crypto from January as a result of the incident.

general-iconGeneral
Negative
cover-imageCrypto Economy
March 19, 2025

Memecoins Are “Worthless”—Cathie Wood Predicts a Massive Crash

TL;DR Cathie Wood warns that most memecoins lack real value and will collapse due to speculation and lack of regulation. The $Trump token had an initial surge but then crashed, exemplifying the extreme volatility of these assets.

general-iconGeneral
Negative
cover-imageCointelegraph
March 19, 2025

Sophisticated crypto address poisoning scams drain $1.2M in March

Victims of address poisoning scams were tricked into willingly sending over $1.2 million worth of funds to scammers, showcasing the problematic rise of cryptocurrency phishing attacks.Address poisoning, or wallet poisoning scams, involves tricking victims into sending their digital assets to fraudulent addresses belonging to scammers. Pig butchering schemes on Ethereum have cost the crypto industry over $1.2 million worth of funds in the nearly three weeks since the beginning of the month, wrote onchain security firm Cyvers in a March 19 X post: “Attackers send small transactions to victims, mimicking their frequently used wallet addresses.

general-iconGeneral
Negative
cover-imageCryptopolitan
March 19, 2025

Scammers are now targeting crypto pros with fake job offers

Crypto scams are no longer limited to hacking as scammers have pivoted into a fresh tactic to target crypto participants. Fraudsters aren't just manipulating trust to steal money, but they are now also coming for crypto job seekers.

general-iconGeneral
Positive
cover-imageTheNewsCrypto
March 19, 2025

Coinbase Survey: 83% of Institutional Investors Bullish on Crypto

Coinbase says, 83% of institutional investors plan to increase crypto holdings, marking a shift toward mainstream adoption. Stablecoins and DeFi see rising interest, with 84% engaged and DeFi participation set to triple by 2027.

general-iconGeneral
Neutral
cover-imageCoinPedia
March 19, 2025

David Sacks Slams Media for False Crypto Sale, Clarifies ‘Divestment, Not Dumping

President Trump's Crypto Czar David Sacks, a key figure in U.S. crypto policy, has spoken out against media reports that claimed he “dumped” his cryptocurrency holdings. In a tweet post, Sacks clarified that his decision to sell was a required divestment, not a sudden sell-off meant to crash the market.

general-iconGeneral
Positive
cover-imageAltcoin Buzz
March 19, 2025

Coinbase Launches Verified Pools for Onchain Trading

With Verified Pools, users can connect with Prime Onchain Wallet, Coinbase Wallet, and certain third-party wallets. This system, built on Base, aims to improve transaction speed while lowering costs.

general-iconGeneral
Positive
cover-imageBenzinga
March 19, 2025

Cathie Wood Hops On Tokenization Hype Train, Says 'We'd Love To Tokenize Our Venture Fund'

Ark Invest CEO Cathie Wood on Wednesday announced plans to bring the company's funds on-chain through tokenization, signaling a strategic push into digital assets. What Happened: Speaking at the Digital Asset Summit in New York on Tuesday, Wood expressed enthusiasm for transforming traditional investment vehicles, specifically mentioning the Venture Fund (ARKVX) and Digital Asset Revolution Fund, into blockchain-based tokens.

general-iconGeneral
Negative
cover-imageProactive Investors
March 19, 2025

Crypto staking: High yields or hidden risks?

Cryptocurrency staking has emerged as a mechanism through which token holders can engage in blockchain network security while simultaneously obtaining financial returns. The staking process involves the locking of digital assets within a proof-of-stake (PoS) or delegated proof-of-stake (DPoS) network in exchange for rewards distributed in the form of additional tokens.

general-iconGeneral
Positive
cover-imageProactive Investors
March 19, 2025

Cryptocurrencies in online casinos - everything you need to know

Cryptocurrencies have revolutionised the gambling industry by transforming how we view online casinos. Since its launch in 2009, cryptocurrencies like Bitcoin have become a mainstream payment method for many players.

general-iconGeneral
Negative
cover-imageCointelegraph
March 19, 2025

AI and crypto drive criminal efficiency: Europol

The European Union Agency for Law Enforcement Cooperation (Europol) published a report explaining how artificial intelligence and crypto affected organized crime. In a threat assessment report on serious and organized crime, Europol stated that AI and crypto play a role in criminal efficiency.

general-iconGeneral
Positive
cover-imageCoingape
March 19, 2025

Binance Expands Support For StraitsX (XUSD) & This Crypto, Here's All

Cryptocurrency exchange giant Binance again captured substantial market attention with its latest update on StraitsX USD (XUSD) and Four (FORM) coins this Wednesday. The exchange announced that it is expanding market support for these assets by adding them to its stockpile of trade offerings ahead.

general-iconGeneral
Neutral
cover-imageCointribune
March 19, 2025

The ECB Confirms The Launch Of The Digital Euro For October 2025

Christine Lagarde has confirmed the planned launch of the digital euro for October 2025, pending approval from European authorities. This initiative comes in a context where a recent survey reveals a marked disinterest among Europeans for this central bank digital currency.

general-iconGeneral
Positive
cover-imageCryptonews
March 19, 2025

Active Stablecoin Wallets Surge Over 50% in One Year: Report

The number of active stablecoin wallets has surged by over 50% in the past year, reflecting growing adoption and engagement within the digital asset ecosystem. The post Active Stablecoin Wallets Surge Over 50% in One Year: Report appeared first on Cryptonews.

general-iconGeneral
Positive
cover-imageBenzinga
March 19, 2025

Anthony Scaramucci Says Trump Administration Has 'Smarter' People Involved With Crypto Regulation

Anthony Scaramucci, founder and managing partner of SkyBridge Capital, highlighted the improvements in regulation under President Donald Trump compared to the previous regime on Tuesday. What Happened: During an interaction at the Digital Asset Summit 2025, Scaramucci admitted that the current administration has “smarter” people involved in formulating cryptocurrency regulation.

general-iconGeneral
Negative
cover-imageUToday
March 19, 2025

Scam Alert: Crucial Scam Warning Issued by CoinMarketCap

CoinMarketCap, a popular website that offers data regarding the current prices, market capitalization, trading volume, and similar metrics, owned by Binance exchange, has addressed the global cryptocurrency community with a scam-alert today.

general-iconGeneral
Negative
cover-imageBitcoinist
March 19, 2025

US SEC To Review Proposed Crypto Custody Rule Amid New Rulemaking Approach

The US Securities and Exchange Commission (SEC) acting chair revealed that the agency is reviewing its rulemaking process and will revisit a controversial rule on crypto custody requirements for investment advisers proposed during the Biden administration. Related Reading: North Korea Among Top Bitcoin Holders With $1.

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