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news-imageFebruary 27, 2025

Justin Sun and SEC Seek to Pause Lawsuit for Settlement Talks

The SEC and Justin Sun requested a legal pause to explore a potential settlement regarding the regulator's lawsuit against Sun and his companies.
Publisher: Coinpaper
Sentiment: Neutral
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Positive
cover-imageCryptoSlate
February 27, 2025

Gemini's Winklevoss demands triple legal costs from SEC after dropped investigation

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.

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Positive
cover-imageCryptonews
February 27, 2025

US Lawmakers Move to Repeal Controversial DeFi Broker Rule

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.

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Negative
cover-imageBitcoin
February 27, 2025

Central Bank of Brazil: CBDC Privacy Problem Still Unresolved

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.

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Positive
cover-imageBeInCrypto
February 27, 2025

The AI Bots are Taking Over Crypto: Why AiAO is a Key Innovation for 2025

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.

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Negative
cover-imageCryptoTicker
February 27, 2025

Iran Cracks Down on Crypto Again as Cryptos Crash

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.

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Positive
cover-imageCrypto Mufasa
February 27, 2025

Top 9 Recent Cryptocurrency Developments You Might Have Overlooked

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.

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Positive
cover-imageCryptopolitan
February 27, 2025

U.S. Treasury Secretary appoints Galaxy Digital's Tyler Williams as a digital assets and blockchain policy advisor

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.

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Negative
cover-imageBitcoin
February 27, 2025

‘Anti-American' Stablecoin Regulation Push Sparks Outrage Among Crypto Industry Leaders

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.

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Negative
cover-imageBitcoinist
February 27, 2025

China's Judiciary Intensifies Research on Crypto Legal Cases Amid Existing Ban

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.

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Positive
cover-imageCrypto news
February 27, 2025

US lawmakers move to overturn controversial IRS defi broker rule

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.

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Negative
cover-imageCoinPedia
February 27, 2025

Why Crypto Market Is Down Today? Fear and Greed Index Shows Extreme Panic Selling

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.

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Negative
cover-imageCoinPedia
February 27, 2025

Iran Cracking Down on Crypto Amid Economic Crisis

Iran is tightening control over cryptocurrencies as its economy struggles with rising inflation and a weakening national currency. The latest restrictions have left millions of crypto users in the country facing new challenges.

general-iconGeneral
Negative
cover-imageCoinPedia
February 27, 2025

When Will Crypto Go Back Up: Is Crypto Bull Run Over?

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.

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Positive
cover-imageTokenpost
February 27, 2025

U.S. House Moves to Block IRS DeFi Tax Rule in Major Crypto Win

The U.S. House of Representatives has taken a key step to overturn an IRS rule that imposes strict tax reporting on decentralized finance (DeFi) platforms. The House Ways and Means Committee voted 26-16 in favor of a resolution to nullify the IRS policy under the Congressional Review Act.

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Negative
cover-imageTokenpost
February 27, 2025

FBI Links North Korea to $1.5 Billion Crypto Heist from ByBit

The FBI has identified North Korea as the culprit behind the massive $1.5 billion cryptocurrency theft from ByBit, a major crypto exchange. The agency attributed the attack to the TraderTraitor hacking group, known for targeting digital asset platforms.

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Negative
cover-imageTokenpost
February 27, 2025

Bybit Forensic Review Reveals Safe Wallet Breach in $1.5B Crypto Hack

Bybits forensic review of last weeks $1.5 billion hack confirmed that its systems remained secure, attributing the breach to compromised Safe wallet infrastructure. The investigation found that a Safe developers credentials were compromised, allowing the notorious Lazarus Group to infiltrate the wallet and trick Bybit staff into authorizing a malicious transaction.

general-iconGeneral
Positive
cover-imageTokenpost
February 27, 2025

U.S. Treasury Taps Galaxy Digital's Tyler Williams for Crypto Policy Advisory

The U.S. Treasury has appointed Tyler Williams, regulatory counsel at Galaxy Digital, to advise on digital asset and blockchain policy. Williams, who currently leads Regulatory and Legislative Affairs at Galaxy Digital, also teaches part-time at The George Washington University Law School.

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Neutral
cover-imageTokenpost
February 27, 2025

Bank of America Eyes Stablecoin Launch Amid U.S. Regulatory Shift

Bank of America is prepared to launch its own U.S. dollar-backed stablecoin if lawmakers approve necessary legislation, CEO Brian Moynihan said in an interview at the Economic Club of Washington, D.C. If they make that legal, we will go into that business, Moynihan stated, emphasizing that stablecoins function similarly to money market funds or traditional bank accounts.

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Negative
cover-imageTokenpost
February 27, 2025

GitHub's Hidden Threat: Hackers Using Code Repositories to Steal Crypto

A new cybersecurity report warns that hackers are planting malicious code in GitHub projects to steal Bitcoin (BTC) and other cryptocurrencies. Security firm Kaspersky uncovered a campaign called GitVenom, which has been active for at least two years, exploiting unsuspecting developers by hiding malware in seemingly legitimate repositories.

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