ParaSwap DAO is divided over returning $100,000 in fees from stolen ETH swaps. The debate raises questions about ethics, legal implications, and DeFi precedents.
Trump's first White House Crypto Summit confirms key industry leaders, fueling speculation over a potential US Bitcoin reserve policy announcement.
Bybit seeks Paraswap DAO's approval for the 44.67 wETH collected from the hack-related fees to be frozen and sent to the exchange, sparking a heated debate on the nature of DeFi. The post Bybit Asks ParaSwap DAO to Return $100,000 in Hack-Related Fees, Sparks Debate on Nature of DeFi appeared first on Cryptonews.
The Australian regulator says Brendan Gunn was charged with one count of dealing with money reasonably suspected to be the proceeds of crime.
On March 7, 2025, the White House will host its first-ever Crypto Summit. President Donald Trump will chair the summit, and David Sacks will serve as moderator.
After scaling back due to regulatory uncertainty, Jump Trading is increasing U.S. crypto trading volume and hiring new talent.
Claire McHenry, Deputy Director of the Nebraska Department of Banking and Finance, will present a new approach to the SEC to tackle the increasing crypto scams. She highlights the importance of avoiding language that blames victims, as it can inadvertently deter people from reporting crypto scams. The post US Regulator: Fear of ‘Victim-Blaming' Could Discourage Crypto Scam Reports appeared first on Cryptonews.
Former U.S. Treasury Secretary Steven Mnuchin has stated that he personally would not invest in cryptocurrencies.
While digital asset markets are awash in data, they lack structure and standardization, deterring the entrance of institutional capital, says Outerlands Capital's Felician Stratmann.
Bitwise's Matt Hougan believes the crypto market has misunderstood the potential impact of former U.S. President Donald Trump's proposal for a Crypto Strategic Reserve.
Though it may seem contrary to the industry's Do Your Own Research ethos that is particularly beloved by purists, successfully unlocking crypto access for high net worth investors and their advisors will propel the industry forward, says Binance's Catherine Chen.
The Georgia lawmaker has a history of crypto acquisitions and continues to accumulate digital assets as crypto gains legitimacy in the US.
Russia is exploring a regulated cryptocurrency trading market under an experimental framework, focusing on "super-qualified" investors, as part of its evolving approach to integrate digital assets into the financial system. The post Russia Explores Regulated Crypto Trading for Qualified Investors Under Experimental Framework appeared first on Cryptonews.
Russia's Ministry of Finance and the Central Bank are reportedly working on a controlled crypto trading framework for select high-net-worth investors. On March 5, local media outlet Interfax reported that officials were exploring an experimental project allowing specific entities to engage in digital asset trading under a structured legal environment.
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Digital asset valuations vaulted dramatically following former President Donald Trump's Sunday unveiling of a proposal to create a U.S. Digital Asset Reserve, incorporating bitcoin, ethereum, XRP, solana, and cardano. Bitcoin leapt nearly 10%, ethereum 13%, and XRP 34% within hours on Sunday, according to Cryptoquant analysts.
In a historic first, the European Union has slapped sanctions on Russian cryptocurrency exchange Garantex, a key player in Moscow's crypto market. The move stems from Garatex's close ties to sanctioned Russian banks and its role in facilitating activities that threaten global financial stability.
Industry experts believe that US President Donald Trump's plans for a strategic cryptocurrency reserve is good news for the industry as a whole. The post US Crypto Reserve Presents Both Opportunities and Risks – Industry Experts appeared first on Cryptonews.
U.S. President Donald Trump's announcement of the Strategic Crypto Reserve shook the markets and turned traders risk averse, after the pump and dump on Monday. Bitcoin closed February at the most negative returns, down 17.39%, for the first time since 2014.
A former girlfriend of a cryptocurrency fraudster, known in the industry as “The Godfather,” has admitted to a federal tax charge stemming from her involvement in his illicit activities. Iris Ramaya Au, 35, is accused of failing to report more than $2.6 million in earnings obtained through her former partner's criminal schemes.
Crypto exchange Uphold has relaunched its staking services for US users. Uphold noted that a change in the US regulatory scene was behind this move.
The final reserve will be almost entirely bitcoin and will be larger than people think, the report said.
Experts debunked rumors that an NFT ETF is on the way, explaining that traditional investors think the asset class is “nonsense.”
The National Cryptocurrency Association, a new non-profit organization dedicated to enhancing Americans' understanding of cryptocurrencies, officially launched today. The NCA has a mission of promoting crypto literacy and safe adoption nationwide in the United States.
The National Cryptocurrency Association is headed by Ripple Chief Legal Officer Stuart Alderoty.
The SEC's decision to drop its lawsuit against Coinbase raises questions. Is this a turning point for crypto regulation or a political reward for industry donations?
WonderFi is considering partnerships that would bring derivatives trading to its platforms, Bitbuy and Coinsquare, in Canada and Australia. Vancouver-based WonderFi Technologies Inc.
The Russian Finance Ministry and Central Bank are developing an EPR for Russian crypto trading, allowing only “super-qualified” investors to participate.
A debate has emerged within the ParaSwap PSP decentralized autonomous organization (DAO) after cryptocurrency exchange Bybit requested the return of fees linked to a hack.
Vietnam's pilot crypto exchange could enhance regulatory clarity, boost investor confidence, and position the country as a regional blockchain leader. The post Vietnam to pilot digital currency exchange under new legal framework: Deputy Minister of Finance appeared first on Crypto Briefing.
Portugal has turned itself into a hub for ultra high net worth individuals looking to establish residency outside their home countries, and a new crypto product makes doing that simpler than ever.
Phishing-related crypto losses fell for the third consecutive month in February, with 7,442 victims losing $5.32 million, according to data from Scam Sniffer. The security firm reported that this represents a significant 48% decline from January's $10.25 million and December 2024's $23.58 million.
After a digital assets pullback in the U.S. over the past two years, Jump is accelerating crypto trading in America and bumping up headcount, people familiar with the matter said.
Sygnum has expanded its off-exchange custody platform to include Deribit, the largest Bitcoin and Ethereum options trading platform. Zurich-based cryptocurrency bank Sygnum has expanded its off-exchange custody service by including Deribit to the list of supported crypto exchanges.
His vision involves revolutionizing social media by shifting ownership to its users and creators
TL;DR Bybit requests that the DeFi protocol ParaSwap return nearly $100,000 in fees earned from transactions conducted with assets stolen by the Lazarus Group. Members of ParaSwap's DAO are divided, with some supporting the conditional return of funds, while others oppose the proposal.
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Vietnam Prime Minister Pham Minh Chinh has proposed creating a legal framework for cryptocurrency. The move comes as Vietnam tries to pursue measures that stimulate and stabilise the economy.
Pond.fun, the meme coin launchpad hosted on Linea, has been hacked by the project's chief software engineer. According to Pond.fun's official disclosure on X, Pond.
The SEC is dropping its case against Cumberland DRW after a joint filing on March 4. The lawsuit alleged that Cumberland operated as an unregistered securities dealer, handling $2B in crypto.
South Korea's FIU has outlined measures to tighten its AML laws in the coming year. It plans to focus on firms that have not been recently inspected for AML compliance.
Changpeng Zhao, often known simply as CZ within the crypto community, a co-founder of Binance and its former chief executive, has published a tweet to talk to crypto enthusiasts about predicting market movements in the future.
Altcoin/BTC spot trading pairs were once considered a key channel for investors to increase their Bitcoin holdings. However, this perception is fading.
Changpeng "CZ" Zhao, former Binance CEO, has acknowledged Vitalik Buterin, the Ethereum co-founder's, critical role in shaping the crypto industry. CZ's comments came as a reply to a post on X highlighting the roles of those who have impacted the cryptocurrency space.
Social data from X, Reddit, Telegram and other social media channels highlight four major themes shaping crypto sentiment and price action. What Happened: In an X post on Tuesday, data provider Santiment data listed several catalysts driving the current price action in crypto markets: Trump: The crypto community is increasingly critical of Trump, questioning whether his crypto stance is driven by personal or political motives rather than a long-term strategy.
Over the past three months, the meme coin market has seen a sharp decline, with its total market capitalization dropping by 56.8%.
Switzerland-based Sygnum Bank announced on Wednesday it has expanded its off-exchange custody platform, Sygnum Protect, to incorporate Deribit, a crypto derivatives exchange. The post Sygnum Bank Expands Off Exchange Custody Platform to Include Deribit appeared first on Cryptonews.
Cryptocurrency prices surged as investors anticipate key announcements from the upcoming White House Crypto Summit on March 7, 2025. U.S. President Donald Trump will host the event, bringing together industry leaders, executives, and policymakers.