CZ warns users of hacked accounts promoting tokens and says YZi Labs staff who promote coins will be ‘fired immediately.
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has received its second-in-principle license approval to operate a virtual assets exchange platform. This time, it's from the UAE regulatory authority, the Securities and Commodities Authority (SCA).
The report, titled “Bybit Interim Investigation Report,” provides critical insights into an attack on Bybit's Ethereum Multisig Cold Wallet. It offers clarity for users and the broader crypto community.
FBI has called for collaborations to block North Korea threat actors from laundering Bybit heist.
Stablecoins and crypto regulation took center stage at a Senate Banking Committee hearing, marking a key step toward a legislative framework for digital assets. Chaired by Wyoming Senator Cynthia Lummis, a strong crypto advocate, the hearing highlighted bipartisan efforts to regulate stablecoins before tackling broader market structure reforms.
Financial analyst Jim Cramer called Robinhood Markets Inc. (NASDAQ:HOOD) a "misunderstood" stock on Wednesday, seeing it as an investment in the future of investing What happened: In an X post, Cramer emphasized that Robinhood is not merely a play on cryptocurrencies or risky options. "It is an investment in the way the next generations will invest, and it has the field to itself because most investment houses don't even want their clients and don't understand what they want," the host of CNBC's popular Mad Money show said.
Gemini co-founder Cameron Winklevoss has urged the US Securities and Exchange Commission (SEC) to compensate the crypto exchange for its legal expenses and dismiss officials involved in its now-closed investigation. On Feb. 26, Winklevoss disclosed that the SEC had officially dropped its investigation into Gemini without filing charges.
Crazy Evil, a Russian-speaking cybercrime group, has executed a sophisticated social engineering attack targeting hundreds of job seekers.
The SEC has closed its investigation into Gemini without bringing any charges. Cameron Winklevoss criticized the SEC, blaming it for massive legal costs and lost innovation.
The regulation of stablecoins was the dominant theme of the first hearing of the Senate Banking Subcommittee on Digital Assets.
U.S. lawmakers have taken a step toward overturning the "DeFi broker rule," a regulation that would require DEXes to report transaction details to the IRS. The post US Lawmakers Move to Repeal Controversial DeFi Broker Rule appeared first on Cryptonews.
Russia is delaying the mass rollout of its digital ruble to ensure the pilot runs smoothly and banks align on a viable economic model.
The FBI reiterated North Korean involvement, and identified the activity as TraderTraitor.
In a report detailing the outcome of the first phase of drex, the national CBDC pilot, the Central Bank of Brazil acknowledged that none of the anonymity and privacy solutions tested met the project's needs.
While several trading bots are currently available for traders who are looking for more reliable, smarter and faster ways to navigate the volatile crypto market. But AlgosOne is the one that's setting the gold standard because of its technology, ease of use, and high returns.
Iranian authorities have once again intensified their crackdown on cryptocurrencies and online exchanges as the country's national currency continues to lose value in an economy facing severe turmoil.
Job applicants would be tricked into downloading the malicious app as a part of the interview.
1. Pantera Capital's third crypto fund: Pantera Capital, a notable investment firm, secured a whopping $175 million for its third crypto fund. Since its inauguration, the firm has received a positive response from the market, indicating investor confidence in this new asset class.
The new US SEC has intensified regulatory rollbacks amid increased calls for agency deterrence.
Justin Sun, founder of Tron TRX, and the US Securities and Exchange Commission (SEC) have asked a federal court to temporarily pause their ongoing legal dispute.
The Secretary of the U.S. Department of Treasury, Scott Bessent, has reportedly appointed Tyler Williams, the head of Regulatory and Legislative Affairs and regulatory Counsel at Galaxy Digital, to advise on digital assets and blockchain policies. Williams has previously held the position of Deputy Assistant Treasury Secretary under Steven Mnuchin.
According to Matt Hougan, Bitwise's Chief Investment Officer, the meme coin market hype is heading for a dramatic downfall, which could mark its end.
The BofA stablecoin news triggered mixed reactions from the community. Many saw it as a good sign for crypto, while others called it “CBDCish.
A U.S.-based venture capitalist has spoken out against proposals that would restrict international stablecoin issuers from accessing the U.S. treasury market. Stablecoin Regulatory Battle Emerges in Washington Vance Spencer, co-founder of Framework Ventures, has criticized attempts to “shut off access to the treasury market for centralized international stablecoin issuers.
China's judiciary authorities are taking significant steps to address the legal complexities surrounding cryptocurrency cases. Despite maintaining a stringent ban on crypto trading and mining on the mainland, the country's top judicial and academic institutions are now intensifying research into how digital assets are treated within the legal system.
On Feb. 26, 2025, the X account of Pump.fun, a Solana meme coin launchpad, was hacked to promote fraudulent tokens, including a fake “PUMP” token.
The SEC and Justin Sun have filed a joint motion to temporarily suspend the legal proceedings initiated in 2023.
Bank of America (BoA) CEO Brian Moynihan confirmed this week that the company is ready to enter the stablecoin market once U.S. lawmakers provide regulatory approval.
A controversial tax rule proposed by the U.S. Internal Revenue Service, requiring decentralized finance brokers to report crypto transactions, could be overturned as lawmakers have pushed to repeal it. On Feb. 26, U.S.
On February 26, Pump.fun's X account was taken over by hackers who used it to promote a fake governance token called “PUMP”.
MyShell's native token, SHELL, leaps to a new all-time high after Binance announces an airdrop event ahead of the token's listing on Feb. 27.
Bybit's recent $1.5 billion hack was traced back to a compromised SafeWallet developer's machine, allowing North Korea's Lazarus Group to execute the largest crypto theft in history.
Bank of America (BofA) is prepared to launch a USD-pegged stablecoin if U.S. lawmakers pass comprehensive regulatory legislation, CEO Brian Moynihan stated at the Economic Club of Washington, D.C.
FBI confirms North Korea's Lazarus Group stole $1.4 billion in cryptocurrency from Bybit exchange through a compromised developer machine during a routine transfer.
Bitcoin plunged under $83,000, marking a 25% drop from its January peak, with the Fear and Greed Index sinking to 10—lower than during the FTX collapse. The official index website noted that extreme fear often signals excessive investor worry, which could present a buying opportunity for those looking to enter the market.
The SEC ended its 699-day investigation into Gemini without charges, prompting co-founder Cameron Winklevoss to demand accountability for millions in legal costs and lost innovation.
Winklevoss twin-led Gemini is the latest crypto firm to shake off the U.S. Securities and Exchange Commission's scrutiny, as the agency closed its probe after nearly two years.
Blockchain security experts uncovered a malicious mobile app that stole sensitive wallet data from users' devices, leading to the theft of over $1.8 million in cryptocurrency. A fake app called BOM stole over $1.
The crypto market today has seen a notable decline, with the business's market cap taking a hit of 8.46% to $2.86 trillion in the past 24 hours. Meanwhile, trading volume whooshed a jaw-dropping 115.29% to $186.48 billion, indicating growing activity as investors react to the downturn.
Bank of America is considering launching its own stablecoin but is waiting for official regulatory approval before moving forward.
Russian crypto entrepreneur Aleksei Andriunin has been extradited to the US to face charges of orchestrating a multi-million dollar scheme that artificially inflated cryptocurrency trading volumes
The SEC and Justin Sun requested a legal pause to explore a potential settlement regarding the regulator's lawsuit against Sun and his companies.
Lawmakers could face possible delays in creating clear rules for the cryptocurrency market. Senator Cynthia Lummis recently led the first meeting of the Senate Subcommittee on Digital Assets, which is a major step toward creating rules for cryptocurrencies.
A cybercrime group has launched a complex social engineering scheme with fake crypto job ads, a fake firm and a malicious meeting app.
Citadel Securities is reportedly preparing to expand into the cryptocurrency market, with plans to become a key liquidity provider for digital assets.
The Pump.fun X account was compromised on Feb. 26, leading to the promotion of a fake governance token called "PUMP.”
The FBI says it “encourages” private sector entities to prevent Bybit hackers from laundering more funds from the $1.4 billion hack on Oct. 21.