TL;DR Giancarlo Devasini, CFO and controlling shareholder of Tether, will transition into the role of Chairman of the company. Simon McWilliams has been appointed the new CFO to lead the transition towards a full financial audit of the company.

The crypto industry has rallied behind Bybit after a hack in which North Korean hacker group Lazarus stole over $1.4 billion.

The stablecoin issuer said it is making a "firm commitment" to completing a full audit following the appointment.

The Trump pump may prove to be short-lived, as Bitcoin, Ethereum, and other major assets are cooling off following Sunday's surge.

Ethereum Foundation is making personnel changes, Bybit exchange is dealing with the aftermath of the hack, SEC continues to close investigations into cryptocurrency companies, and other events of the outgoing week.

Ethereum recently failed to breach the $2,500 resistance, leading to a pullback. The altcoin king has since fallen, now trading at $2,354.

Open Interest (OI) on Ether rises in astronomical levels: can the largest altocoin's price follow suit?

White House-appointed ‘Crypto Czar' David Sacks confirmed that he liquidated all his cryptocurrency holdings—including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL)—before joining the administration. What Happened: In an X post on Monday, Sacks cited a Financial Times report detailing his crypto holdings.

Binance will delist several stablecoins in the European Economic Area (EEA) to align with the Markets in Crypto-Assets Regulation (MiCA). The exchange will remove spot trading pairs for EEA users, affecting nine stablecoins, including Tether's USDT and Dai.

Tether has reaffirmed its commitment to transparency by pledging to complete a “full audit” following the appointment of Simon McWilliams as its new Chief Financial Officer (CFO).

The rivalry between Ethereum and Solana has taken a new twist with the current outlook of the DEX metrics over the past month. According to data from DeFiLlama, Solana has retained the top spot per DEX volume in the past 24 hours.

As the crypto market kicks off March on a positive note, veteran trader Peter Brandt shared his perspective on Ethereum's price action. In a tweet, Brandt stated that the "Ethereum (ETH) chart can now be viewed as a potential 11-month rectangle.

Ethereum price declined on Monday as investors took profit following Sunday's double-digit rise. The crypto coin was at $2,366 and down by 6.2% on the daily chart at press time, subdued by underlying bearish sentiment tied to concerns over global trade tariff war.

Tether has hired a chief financial officer to tackle lingering audit concerns.

Donald Trump's decision to include select cryptocurrencies in the U.S. Crypto Strategic Reserves has stirred intense debate in the crypto space. According to CryptoQuant CEO Ki Young Ju, the U.S. is now using the crypto market as a strategic tool, especially for its national interests.

The marker keeps growing today, according to CoinMarketCap.

This change will involve assets such as USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and PAXG.

Ethereum's price has recently experienced a massive drop, coming much earlier than expected, as ETH has failed to make a new all-time high like Bitcoin. Yet, the bull market for the second-biggest crypto might not have begun yet.

Binance announced plans to delist all non-MiCA compliant stablecoins for European Economic Area users by March 31, 2025, directing customers to switch to compliant alternatives like USDC and EURI.

Trump aims to establish a U.S. Crypto Reserve to revitalize the digital asset industry. He claims it will counter “corrupt attacks” by the Biden Administration.

Prominent pseudonymous crypto trader Eugene Ng Sio is eyeing a measured approach to the current market conditions following President Trump's strategic cryptocurrency reserve announcement that sent Bitcoin (CRYPTO BTC) above $94,000 on Sunday. What Happened: Major cryptocurrencies have slightly retraced following the Sunday rally, with all proposed ‘reserve cryptocurrencies' trading above Friday's highs.

The stablecoin giant is moving toward a comprehensive financial audit as it expands its global operations

TL;DR Binance Delisting: Binance will delist several non-MiCA-compliant stablecoins (including USDT, DAI, TUSD, and USDP) in the EEA by March 31 to comply with EU MiCA regulations. Service Impact: Spot and margin trading pairs involving these stablecoins will be restricted, with limited effects on holding, conversion, and withdrawals.

Crypto firm Tether has appointed Simon McWilliams its new chief financial officer, the company said on Monday.

The news of Tether's delisting comes as the firm appoints a new CFO in a “historic step” towards a full financial audit.

March has begun on a positive note following a bearish February, bringing key upgrades for several altcoins. These developments could fuel the ongoing rally and aid in recovering recent investor losses.

The crypto market registered a sharp recovery on Sunday after President Donald Trump announced the names of cryptocurrencies to be included in the strategic reserve. As a result, the crypto market cap surged nearly 9% to reclaim the $3 trillion mark and move to its current $3.08 trillion.

Binance will delist trading pairs for nine stablecoins in the European Economic Area (EEA) by March 31, according to a March 3 statement. According to the exchange, this decision aligns with its efforts to comply with the European Union's Markets in Crypto-Assets (MiCA) framework, which introduces stricter regulations for digital assets.

The Ethereum Foundation has made two new additions to its executive roster: Hsiao-Wei Wang and Tomasz Stańczak are new co-Executive Directors. The post The Ethereum Foundation Restructures Leadership With New Co-Executive Directors appeared first on Cryptonews.

This marks the first tokenized money market fund for retail investors in the Asia-Pacific region. With an initial scale of about $107 million, this move brings new opportunities for ETH investments.

Following President Trump's announcement on the Crypto Strategic Reserve on this Truth Social account on Sunday, the entire crypto market has blown skywards. Has this announcement put $ETH, $XRP, and $SOL back on track?

Ethereum price has formed a risky chart pattern that points to a 60% plunge in the coming months. This crash will likely happen even as Donald Trump announced plans to include ETH into the US Strategic Crypto Reserve.

The move, set to take effect on March 31, will impact nine stablecoins, including Tether (USDT), First Digital USD (FDUSD) and Dai (DAI).

Ethereum's price surged 15% after Trump confirmed its inclusion in the U.S. Crypto Strategic Reserve, accompanied by positive technical indicators and strong derivatives market sentiment.

Donald Trump announces a US Crypto Reserve, triggering a market rally. Bitcoin and Ethereum rebound after recent losses, but on-chain data signals mixed trends—what's next for the crypto market?

The Ethereum Foundation has appointed Hsiao-Wei Wang and Tomasz Stańczak as co-directors to guide the network through its next phase of development.

Binance, one of the world's largest cryptocurrency exchanges, has announced plans to delist nine stablecoins in Europe by March 31 to comply with new European Union regulations. While users in the EEA will no longer be able to trade these stablecoins, Binance will continue to offer custody and conversion services.

White House crypto czar David Sacks confirms selling all personal cryptocurrency holdings before taking office while his firm maintains crypto startup investments, as Trump administration announces new crypto initiatives.

President Donald Trump has reaffirmed his commitment to cryptocurrency by announcing plans for a US government-held digital asset reserve.

Tether CEO Paolo Ardoino explained that the concept involves the installation of solar-powered kiosks in Africa to recharge batteries, with payments made through a monthly subscription in bitcoin, USDT, or local currency.

Donald Trump has once again stormed the bearish crypto market with the announcement of US crypto reserves for Bitcoin (BTC) and top altcoins like Ethereum (ETH), XRP, Solana (SOL), and ADA. However, market analysts believe that implementation of the same could be easier said than done.

47th US President Donald Trump is about to host its first-ever Crypto Summit on 7th March 2025. This event includes key industry figures, like founders, CEOs, and investors, along with government officials. As excitement builds, investors are looking for the best altcoins to buy before the summit to gain maximum profits.

A trader on Hyperliquid, a decentralized perpetual swaps platform, leveraged a $5.6 million deposit to open 50x long positions on Bitcoin and Ethereum.

The hackers behind the Bybit exchange breach have resumed laundering stolen funds, moving another 62,200 Ether (ETH), worth $138 million, on March 1.

Bitcoin and Ethereum experienced a sharp rise on Sunday after Donald Trump confirmed that both would be included in a planned U.S. crypto reserve.

President Donald Trump has announced the creation of a U.S. strategic crypto reserve, which will include Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cardano (ADA).

Bitcoin and four other larger cryptocurrencies reversed a recent slump after Donald Trump announced an executive order to create a "crypto strategic reserve". The executive order on digital assets directed will "move forward on a Crypto Strategic Reserve", the US president said on his Truth Social social media platform on Sunday.

Aya Miyaguchi, executive director of the Ethereum Foundation since 2018, stepped up to the role of president, promising to boost institutional relationships and expand Ethereum's use.