A key provision of the bill grants the Crown Court extended powers to handle confiscation orders involving crypto.
Robinhood is also planning to offer more cryptocurrencies to its users and to continue investing in its non-custodial wallet.
The quick laundering of over $400 million from Bybit's hack suggests North Korea may have expanded its operations, analysts say. Over $400 million from Bybit‘s $1.
TL;DR Extreme Market Panic: The Crypto Fear & Greed Index has dropped to a two-year low of 10, marking “Extreme Fear” and sparking widespread panic as investors react to a deepening downturn. Bitcoin Under Pressure: Bitcoin has tumbled 25% from its January peak, with a surge in $1.
A Chinese national was murdered in a luxury hotel in Jeju City, South Korea, while trading cryptocurrency. Four individuals have been arrested in connection with the murder case. The killer also stole nearly $59,000 from the victim. Chinese National Murdered While Trading Cryptocurrency in Korea Wrench attacks are rising in the cryptocurrency space.
The crypto council would be a dedicated advisory body that consists of government representatives, regulatory authorities and industry experts.
Bybit has secured an in-principle approval (IPA) from the United Arab Emirates' Securities & Commodities Authority (SCA) to establish itself as a Virtual Asset Platform Operator in the region.
The Federal Bureau of Investigation (FBI) has confirmed North Korea as the culprit behind the recent $1.5 billion exploit on Bybit. In a Feb. 26 Public Service Announcement (PSA), the agency attributed the attack to TraderTraitor, a malicious cyber campaign linked to North Korean threat actors.
The Solana-based memecoin Launchpad Pump.fun's X account has been hacked and used to promote fake cryptocurrencies, including an “official” PUMP governance token. On-chain investigators suspect the hack is linked to other X account compromises.
Changpeng Zhao, more commonly known as CZ, a Binance co-founder and its former chief executive, has published a tweet to address the crypto community about the importance of creating new products and improving the current ones in the crypto space.
Bank of America CEO Brian Moynihan stated that the bank could launch a stablecoin if US regulations permit.
CZ warns users of hacked accounts promoting tokens and says YZi Labs staff who promote coins will be ‘fired immediately.
Bybit is nearing a full operational license in the UAE, expanding globally despite regulatory challenges and a $1.4 billion crypto hack.
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.
Pump.fun, a Solana SOL-based cryptocurrency platform, has regained control of its X account following an unexpected hack on February 26.
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.
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.