The new meets the old in Washington DC as Silicon Valley's Elon Musk takes over 1950s payment systems at the Treasury.

In a recent crypto scam, hackers gained control of former Malaysian Prime Minister Mahathir Mohamad's X account and used it to promote a fake meme coin called “Malaysia.” According to reports, the token was initially listed on the Solana blockchain and saw its market cap surge by $3.4 million before rapidly collapsing.

Coinbase Director Conor Grogan has expressed speculations regarding Bitcoin creator Satoshi's identity. The founder's identity has been attempted to be uncovered over the last decade.

SlowMist, a blockchain security firm, revealed that Web3 security breaches amounting to about $98.14M in January. The SlowMist Hacked Database revealed that 40 hacking attacks resulted in losses of $87.94M.

Pump.fun faces a cease and desist letter from Burwick Law and Wolf Popper LLP over 200+ IP-infringing meme coins and allegations of facilitating harassment and market manipulation. The post Pump.fun Hit with Cease & Desist from Burwick Law Over 200+ IP-Infringing Meme Coins appeared first on Cryptonews.

The decentralized AI model aims to offer community decision-making to address a “crucial problem” in the AI landscape.

Gaming and DeFi dominated the DApp market in January, but AI-powered applications recorded 2.2 million active wallets, signaling rapid growth in Web3 AI adoption.

President Donald Trump has been courting the cryptocurrency industry and community through much of his campaign and has been engaged with digital assets both directly and indirectly in recent months.

Canada's equities regulator has excluded crypto funds from reduced margin eligibility. They did this because of risks like volatility, liquidity risks, and regulatory concerns, which make leveraged trading more expensive.

Burwick Law and Wolf Popper LLP have issued a cease-and-desist letter to Pump.fun, demanding the immediate removal of certain tokens deployed on the Solana-based platform that allegedly misuse their intellectual property (IP) and likenesses of their employees. Law Firms Demand Pump.

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In a surprising development in the United Kingdom, the Bank of England reduced interest rates for the third time since August. The central bank's decision comes amid the prevailing crypto market crash, with top coins like Bitcoin (BTC) and Ethereum (ETH) experiencing notable losses.

The digital dollar may be off the table for now, following a recent executive order. However, the European Central Bank (ECB) hopes America's new pro-cryptocurrency attitude can help bring about the digital euro, Reuters reported Thursday (Feb. 6).

Two law firms, Burwick Law and Wolf Popper LLP, have sent a cease-and-desist letter to Solana-based token launchpad Pump.fun, alleging it used their intellectual property in the creation and promotion of the controversial meme coin, Dog Shit Going Nowhere (DOGSHIT2). The firms also accused Pump.fun of trying to intimidate their clients.

A new survey by JPMorgan reveals that the majority of institutional investors remain hesitant about cryptocurrencies, despite the improving regulatory framework in the United States. Only 29% of participants are active or plan to engage in this market.

The best cryptocurrency payment gateways as NowPayments provide a seamless payment processing experience for both merchants and customers.

Ransomware payments fell by 35% in 2024, marking the first decline in extorted funds since 2022.

NettyWorth, a Web3 Fintech platform founded in 2011, has launched a Nettyscore for its newly launched AI-powered loan protocol – aimed at bridging the gap between traditional and decentralized finance. Launched on the lines of the traditional Banking's CIBIL score, the Nettyscore will analyse the borrower's pas behaviours such as consistency in loan repayments and

The market is buzzing with signs of the best coins. Among the rising stars, Aureal One (DLUME) stands out as the next crypto to explode. A game-changing project that seamlessly integrates gaming and decentralized finance, making it a top project to watch in 2025.

Emerson Pires, Flavio Goncalves e al socio Joshua Nicholas accused of running a fraudulent scheme.

TL;DR Offchain Labs introduced new solutions to enhance interoperability between Arbitrum and Ethereum, reducing friction in cross-chain operations. A universal intent engine will enable transactions in under three seconds, optimizing costs and speed without compromising security. The implementation will include messaging standards, fast settlement, and a loan program to facilitate ecosystem adoption.

Meme coins, the fun and often humorous cryptocurrencies that took the internet by storm, have had a rocky start this year. According to a recent Kaiko report, most meme tokens have struggled, with losses ranging from 10% to as much as 70% since the beginning of the year.

Binance co-founder and former CEO Changpeng Zhao, widely known in the community as CZ, has taken to his official account on the X social media platform (Twitter in the past) to reveal to the BNB community a curious case. He also warned them against falling for it so as not to lose their money.

Fraktion, a pioneering fintech company providing a complete solution for the tokenization and fractionalization of real-world assets (RWAs), has announced the successful completion of a €1.1 million seed funding round.

The FDIC is set to revise its crypto guidelines, potentially allowing banks to engage in digital asset activities. This shift aligns with the pro-crypto stance of the Trump administration, paving the way for tokenized deposits and broader banking participation in crypto.

Donald Trump's dedication to "legitimate dollar-backed stablecoins" could speed up the ECB's progress on a digital euro, a board member said.

In tests simulating real-world conditions, this company achieved an impressive 1.05 million TPS. This performance was specifically for ERC-20 token transfers.

Coinbase has stepped into the Prime Trust bankruptcy case, filing an amicus brief to push back against a motion that could threaten customer asset protections. In a Feb. 5 court filing, the exchange has urged the court to uphold Uniform Commercial Code (UCC) Article 8, a legal framework that ensures custodial assets remain customers' property.

The majority of institutional investors plans to steer clear of crypto this year.

Offchain Labs is teaming up with crypto developers to enhance layer-2 interoperability. The mechanism called Universal Intent Engine is due to launch by the end of March 2025.

Why crypto de-banking might come to an end under Trump Administration.

DeFi markets are facing a resurgence as the Trump administration embraces pro-crypto policies, derivatives exchange BitMEX says.

Solana meme coin creation platform received a cease and desist letter from US law firms. The law firm demanded to remove some tokens from their platform to impersonate their firms.

The European Central Bank (ECB) is hopeful that the recent support for dollar-pegged cryptocurrencies from U.S. President Donald Trump will speed up the legislative approval process for the digital euro. What Happened: ECB board member Piero Cipollone conveyed optimism that Trump's endorsement of globally accessible stablecoins tied to the dollar would spur the digital euro initiative, reported Reuters.

Coinpedia reports Russia is moving towards stricter regulation of cryptocurrency transactions and mining, introducing a tax framework that will take effect in January 2025. The country, which has long maintained an ambiguous stance on digital assets, is now treating cryptocurrencies as taxable property, making it mandatory for individuals and businesses to report their earnings.

Hyland said historical data has shown that altcoins take at least two months to recover after such massive liquidation events.

Kraken co-founder Jesse Powell is accusing a San Francisco co-op of denying his unit purchase on the grounds of discrimination for his ties to cryptocurrency and political leanings. According to a lawsuit filed by Powell's legal team on Feb.

Conditional payments in the digital euro could expand beyond scheduled transfers, though they do not require blockchain technology, an ECB official says.

Crypto donations surpassed one billion dollars in 2024, reaching a historic record driven by rising markets and a more favorable regulatory framework.

Virtune has introduced two more crypto ETPs on the Nasdaq Helsinki Stock Exchange after its mass listing of five ETPs last January.

Fraktion, a platform specializing in real-world asset (RWA) tokenization and fractionalization, has secured €1.1 million in seed funding, as reported to Finbold on February 6.

One of Europe's leading payment providers, xMoney Global, is set to launch three new MiCA-compliant stablecoins, which are expected to boost crypto liquidity in the highly regulated continent.

The response of the community: satirical tokens and provocations

Former Malaysian Prime Minister Mahathir Mohamad's X account was hacked to promote a fraudulent "MALAYSIA" meme coin, which briefly surged to a $3.4 million market cap before collapsing. The post Ex-Malaysian PM Mahathir's X Account Hacked to Shill Meme Coins appeared first on Cryptonews.

Coinbase director Conor Grogan has raised speculation that crypto exchange Kraken and its CEO might have insight into the true identity of Bitcoin's (BTC) elusive creator, Satoshi Nakamoto.

A prominent Saudi economist has called for Gulf Arab states to establish a unified regulatory framework for cryptocurrencies. The post Saudi Economist Urges Gulf States to Develop Unified Crypto Payment Regulations appeared first on Cryptonews.

A JPMorgan e-trading survey has revealed that over 70% of institutional traders have no plans to trade cryptocurrencies in 2025. The post Over 70% of Institutional Traders Plan to Steer Clear of Crypto in 2025: JPMorgan Survey appeared first on Cryptonews.