The amendment is scheduled to come into effect on February 28.
As the digital asset industry faces increasing regulatory scrutiny, crypto market-making firm CLS Global is turning compliance into an opportunity rather than a burden. The company remains focused on strengthening its operations, enhancing its services, and maintaining transparency to meet the needs of institutional and retail clients.
Jeremy Allaire insists that stablecoin issuers operating in the US should be officially registered to ensure compliance and financial integrity.
Your day-ahead look for Feb. 26, 2025
Fueled by Bybit hack fears, a rising Binance SMS scam manipulates users into panic-driven mistakes.
Blockchain analytics firm Elliptic revealed that the Bybit hack is linked to North Korean hackers who laundered the money using over 11,000 wallets.
Etherlink, the next-generation Layer2 Blockchain built on Tezos, has officially become production-ready by launching its Mainnet on Wednesday. Working towards building the first-ever mainstream chain for dedicated builders, the mainnet launch comes after the successful completion of its public beta which it initiated last year in May.
Just yesterday, the market erased $300 billion in value within 24 hours—without a single major bearish headline. What's going on in the crypto market now?
“It shouldn't be a free pass, right?” Jeremy Allaire, a co-founder of stablecoin issuer Circle said.
The Bybit team's quick response to the crisis may inspire more trust in centralized exchanges, industry watchers told Cointelegraph.
The role of the Lazarus group in the attack on Bybit
Circle CEO Jeremy Allaire advocates for mandatory U.S. registration of dollar-backed stablecoin issuers, emphasizing consumer protection and financial integrity amidst growing regulatory scrutiny. The post Circle CEO Jeremy Allaire Calls for Mandatory US Registration of Stablecoin Issuers appeared first on Cryptonews.
Indian authorities conducted nationwide raids as part of their investigation into the $800 million (₹6,600 crore) Ponzi scheme.
Web3 hiring in Q4 showed an 80% year-over-year increase but dipped 13% on a quarter basis, with U.S. election impacts lagging behind seasonal trends.
Bybit CEO Ben Zhou launched an aggressive bounty program offering up to $140 million in rewards after North Korean hackers stole a record-breaking $1.4 billion in cryptocurrency assets from the exchange on February 21.
Crypto executives say the British ban on crypto derivatives is hurting retail investors rather than protecting them. Crypto execs are slamming the U.K.
Dekabank, a prominent German investment bank, has reportedly launched cryptocurrency trading and custody services for institutional clients after nearly two years of development. This move comes after receiving regulatory approval for a crypto custody license from the Federal Financial Supervisory Authority (BaFin) and operating under the supervision of the European Central Bank (ECB).
The suspects allegedly stole 85 million won from the victim.
A vicious sell-off is taking place in the cryptocurrency market, with over $1 billion in liquidations wiping out long and short positions on major exchanges. A whopping $323 million in liquidations are attributed to Bitcoin, followed by Ethereum at $73.42 million and Solana at $25.72 million, at press time.
“By integrating stablecoin payments, we're not just embracing the future — we're shaping it,” a Metro Store executive reportedly said.
“By integrating stablecoin payments, we're not just embracing the future — we're shaping it,” a Metro Store executive reportedly said.
Kaspersky researchers have identified an attack vector on GitHub that uses repositories to distribute code that targets crypto wallets. The investigation revealed a campaign dubbed GitVenom, in which threat actors created hundreds of GitHub repositories purporting to offer utilities for social media automation, wallet management, and even gaming enhancements.
In a memo released on February 25, 2025, Matt Hougan—Chief Investment Officer (CIO) at Bitwise Asset Management—drew striking parallels between today's crypto market and what he observed in July 2024. Titled “Short-Term Pain, Long-Term Gain (Redux),” Hougan's latest analysis suggests that, despite the current pullback, the industry's underlying fundamentals remain as compelling as ever.
Officers from the Jeju Western Police Station reported that a Chinese man was killed while trading cryptocurrencies at a luxury hotel in Jeju City, South Korea. The South Korean police have detained four Chinese men suspected of committing the heinous act.
The $1.4 billion hack of Bybit, one of the largest cryptocurrency exchanges, is believed to be the work of the Lazarus Group, a North Korean hacking collective with a history of large-scale cyberattacks. The hackers were responsible for the $1.
Senator Dick Durbin's Crypto ATM Fraud Prevention Act aims to combat the rising tide of Bitcoin ATM scams by limiting transactions, requiring operator verification, and mandating refunds for fraud victims.
AI crypto tokens are on the frontline for market recovery on Wednesday, with some posting double-digit gains. The optimism likely stems from Nvidia's upcoming fourth-quarter (Q4) earnings, due today.
It aims to track and freeze funds linked to the notorious North Korean hacking group, Lazarus. Through LazarusBounty.com, Bybit is calling on the crypto community to help take down one of the biggest threats to the industry.
The crypto market faces volatility, prompting interest in digital assets with high potential. Trump's Gold Card announcement raises speculation on economic policies.
While Africa is often seen as the cradle of crypto adoption, the largest economy on the continent, South Africa, is one of the leading countries in the region in terms of crypto adoption and regulation.
The next bull cycle will be unlike any other. Indeed, the era when all cryptocurrencies surged seems to be over.
The outlook for altcoin ETFs in the US is very uncertain, as analysts predict much lower demand compared to Bitcoin and Ethereum ETFs.
Inflation and tariffs dominate 2025 market concerns, with 51% of JPMorgan's institutional clients citing them as key risks, up from 27% in 2024.
Singaporean department store chain Metro will allow its customers to make stablecoin payments both in physical stores and online at Metro Mall.
Is the U.S. Treasury about to hold Bitcoin? Lummis proposed a strategic Bitcoin reserve last year—now she says “Big things cooking.
Experts agree that while memecoins can attract users, their volatility poses risks to the broader crypto ecosystem. One expert argued that the collapse of memecoins can harm liquidity and emphasized the need for investors to be cautious and screen for fraudulent tokens.
The judiciary authorities urged further study on practical solutions for handling cases involving cryptocurrencies.
An encounter ended in tragedy: all the details
Galaxy Digital appoints former BlockFi CEO Zac Prince as Managing Director to work alongside President Chris Ferraro, leveraging his expertise in digital asset lending during a pivotal time for cryptocurrency.
Vlad Tenev recently noted the potential of crypto tokenization to allow retail investors to access private companies like OpenAI and SpaceX.
“The recent dip stems largely from the Fed's cautious approach to rate cuts,” Teng said.
Bybit and blockchain analytics firms have ramped up efforts to track and recover stolen funds, identifying more than 11,000 wallets linked to North Korean hackers.
DePINs are one of the latest crypto trends. Learn what a DePIN is and discover some of the year's growing DePIN projects. Read on for more.
In the world of cryptocurrencies, security is a core concern. By the end of February 2025, a series of fund theft incidents across the industry has once again put user asset safety in the spotlight.
On Feb. 21, 2025, Bybit, one of the major cryptocurrency exchanges, was hit by a hack that saw over $1.4 billion in assets stolen by hackers associated with North Korea's Lazarus Group.
With stablecoin legislation on the horizon, Circle chief executive Jeremy Allaire calls for issuers of dollar-pegged tokens to register in the U.S.
Jeremy Allaire, co-founder of stablecoin issuer Circle Internet Financial, calls for the registration of dollar stablecoin issuers in the US.