Crypto funds posted their largest weekly outflow on record, while Bitcoin faced its steepest losses as the market recalibrated.
The crypto market surged after Trump's reserve announcement, but analysts warn the rally may be temporary as regulatory hurdles remain.
GRVT, a hybrid decentralized exchange (DEX) and self-custody centralized exchange (CEX), has announced the launch of a trading event in collaboration with Alertatron.
Ronaldinho introduces his official token, STAR10. STAR10 has dropped over 22% and is now trading at $0.2619.
TL;DR The cryptocurrency exchange Bybit was hit by a cyberattack on February 21, resulting in the loss of $1.4 billion in digital assets. This marks the largest hack in cryptocurrency history. In February alone, total losses due to hacks and scams reached $1.53 billion, a staggering 1,500% increase from January.
Changpeng Zhao (CZ), the founder of Binance, has put out a strategy that might change the way new crypto enters the market. His strategy seeks to maintain stable token pricing while fostering long-term project success.
The U.S. SEC is dropping cases and closing investigations against crypto companies left and right, but not everyone is off the hook yet.
Argo Blockchain shares surged 16% after the company signed a non-binding term sheet for up to $40 million in senior secured convertible loans.
Christian Li, the founder of the stablecoin digital bank Infini, left the hacker another message in a blockchain transaction, reinstating the white-hat agreement and 20% bounty of the stolen funds. Li transferred 0.
US President Donald Trump said the United States would soon establish a strategic crypto reserve that will feature Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA).
Scammers posed as law enforcement and a crypto wallet host to trick victims into revealing their seed phrases and stealing their funds.
Crypto & AI Czar David Sacks confirmed on X that he sold all his crypto holdings before the start of administration. David Sacks' prior crypto investment portfolio included Bitcoin, Ether, and Solana.
In the previous month, the cryptocurrency sector witnessed its biggest hack in history. Because of the Bybit hack, it lost nearly $1.4 billion. In February, losses from hacks increased by at least 1,500% compared to January.
Why did David Sacks sell all his crypto holdings before joining Trump's administration?
Cryptocurrency exchange giant Binance again nabbed significant investor attention with its latest announcement on Monday. The crypto trading platform revealed that it will be delisting all non-MiCA-compliant stablecoin trading pairs in the EEA (European Economic Region) shortly.
On March 3, football legend Ronaldinho launched his official cryptocurrency, STAR10, built on Binance Smart Chain. The token promised exclusive benefits, such as signed memorabilia and access to an AI agent, attracting significant investor interest. Shortly after its release, STAR10 surged over 20%, reaching a peak of $0.29.
Impact and reactions of the community
David Sacks, the White House's AI and crypto czar, clarified on March 2 that he no longer holds any cryptocurrency, having sold his entire portfolio before Donald Trump's presidential inauguration.
Celebrity meme coins have recently surged in popularity, with figures like Elon Musk, Donald and Melania Trump, and Javier Milei driving significant traffic to this speculative trading area. Once limited to artists and influencers, the meme coin craze has attracted the attention of political leaders.
Bybit's Ethereum cold wallet was compromised on February 21, resulting in a $1.46 billion theft linked to North Korea's state-sponsored Lazarus Group, adding to their multibillion-dollar crypto crime spree.
State Street analysts have predicted that crypto exchange-traded funds (ETFs) could flip precious metals ETFs to become the US's third-largest asset class among all ETF categories by the end of 2025. The bank, which is the world's largest ETF servicer, based its prediction on the surging demand for crypto ETFs.
Today memecoins are the cutting edge for graft in the global marketplace. The world is walking down a dark road paved with hope.
TL;DR Trump announces Strategic Crypto Reserve: Major cryptocurrencies like Bitcoin, Ethereum, Solana, Cardano, and XRP are included, causing market surges. Market reaction: Bitcoin is up 8% to $92,000, Ethereum is up 5% to $2,300, Cardano is up 48% to $0.97, XRP is up 16% to $2.63, and Solana is up 11% to $160.
David Sacks, the White House official overseeing artificial intelligence (AI) and crypto policy, has made it clear that he no longer owns any cryptocurrency.
Sacks sold his digital assets before joining the Trump administration, though his venture firm maintains investments in the industry.
Two Colombian regulators have proposed another bill that would serve to regulate crypto. The bill consists of 16 provisions, including a VASP licensing system for crypto firms.
The Bybit hack, a more hawkish Federal Reserve and weakened sentiment contributed to the negative flows, James Butterfill said.
The UK has sentenced Olumide Osunkoya to four years in prison in the country's first criminal case for illegal crypto ATM operations.
As on-chain trading reaches record highs, decentralized exchanges (DEXs) are becoming an increasingly dominant force in the crypto market. In response to this shift, Gate Research's February 28th report analyzes the evolving market structure and how Gate.io Pilot is making on-chain participation more accessible.
More than 1,200 cryptocurrency ATMs across the United States mysteriously went offline during the first weekend of March. The post Over 1,200 Crypto ATMs Shut Down in US After Fraud Prevention Bill Proposal appeared first on Cryptonews.
US authorities seized $8.2 million in cryptocurrency from scammers who used fake wrong number texts to build trust with victims before stealing their money through a fake investment scheme.
Tesla CEO Elon Musk has compared meme coins to a “casino,” offering a blunt assessment of the speculative crypto sector.
The UK has sentenced Olumide Osunkoya to four years in prison for operating a network of illegal cryptocurrency ATMs without regulatory approval. The conviction marks the first criminal case involving unregistered crypto activity in the UK and signals a broader crackdown by the Financial Conduct Authority (FCA) on unauthorised digital asset operations.
Binance moves to restrict non-MiCA compliant stablecoins for EEA users, reveals delisting timeline and conversion options ahead of March deadline.
On March 1st, David Sacks, the White House's Crypto Czar, made an announcement. President Donald Trump will host the first-ever White House Crypto Summit on Friday, March 7th.
Russia's central bank says that there is growing interest in smart contracts from the country's banks, businesses and government. In a new speech to the Association of Russian Bank, Elvira Nabiullina, the governor of the Central Bank of Russia, says that a pilot for the digital ruble is “going well.
Vietnam is drafting regulations for digital assets and currencies. Prime Minister Pham Minh Chinh has directed the Ministry of Finance and the State Bank of Vietnam to draft digital asset regulations, with a proposal expected by March. This move aligns with Directive No.
Brazil Football icon Ronaldinho has made headlines in the crypto space today with the launch of a new token on the BNB Chain. The token, named Ronaldinho Coin (Star10) price surged more than 80% following the official launch but also sparked discussions in the broader crypto market.
Following President Donald Trump's recent announcement about establishing a national crypto reserve, investor attention has shifted toward altcoins made in the USA.
Ronaldinho allegedly breached a $6M crypto deal for a $10M contract.
Binance will delist nine stablecoins, including USDT and DAI, in Europe on March 31 to comply with MiCA regulations, while still allowing custody and conversions.
Crypto czar David Sacks says he currently does not own any crypto holdings since stepping into his role. Sacks is currently undergoing a government ethics review.
Tonkeeper, the leading self-custody wallet on The Open Network (TON), has announced that Memhash, a Telegram mini-app that gamifies cryptocurrency mining, has become the first project of its kind to integrate the new TONAPI Airdrop feature, as reported to Finbold on Monday, March 3.
Return of Staking: Details and Implications
As the crypto summit on March 7 approaches, market activity is rising. After a period of consolidation, the crypto market is recovering.
Uphold has resumed US cryptocurrency staking services on March 3, 2025, offering rewards on 19 digital assets after a two-year pause caused by regulatory concerns.
U.S. President Donald Trumps announcement of a national strategic crypto reserve featuring Solana (SOL), Cardano (ADA), and XRP triggered a market rally of up to 60% on Sunday. Later, he expanded the list to include Bitcoin (BTC) and Ethereum (ETH), fueling further bullish sentiment.
State Street predicted that digital asset ETFs AUM “will grow larger than” that of precious metals by 2025. The post Crypto ETFs to Surpass Precious Metal ETFs in US: State Street appeared first on Cryptonews.