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news-imageFebruary 27, 2025

SEC Drops Gemini Exchange Probe as Crypto Regulation Takes a New Turn

The SEC has ended its probe into Gemini exchange, deciding not to take enforcement action, though it left open the possibility of future actions.
Publisher: Coincu
Sentiment: Positive
General

More News Articles

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.

general-iconGeneral
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.

general-iconGeneral
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.

general-iconGeneral
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.

general-iconGeneral
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.

general-iconGeneral
Negative
cover-imageCoinPedia
February 27, 2025

FBI Confirms $1.5 Billion Crypto Theft by North Korean Hackers from ByBit

In one of the biggest crypto heists ever! North Korean hackers have stolen a staggering $1.5 billion from ByBit, one of the world's largest cryptocurrency exchanges, according to the FBI's official statement. This marks one of the biggest crypto hacks in history, nearly doubling what North Korea stole in digital assets last year.

general-iconGeneral
Positive
cover-imageBitcoin
February 27, 2025

Bybit Is Back: Crypto Exchange Resumes Full Operations in India After FIU Approval

Bybit is back in India! After overcoming regulatory hurdles and a security breach, the crypto exchange fully restores services, resuming new user onboarding and trading access. Bybit Reinstates Services in India After Regulatory Compliance Cryptocurrency exchange Bybit has officially registered with Indian authorities, allowing the platform to fully restore its services in the country.

general-iconGeneral
Negative
cover-imageCoingape
February 27, 2025

Cameron Winklevoss Slams US SEC After Dropping Lawsuit Against Gemini

The US Securities and Exchange Commission (SEC) has ended its investigation into Gemini without filing any charges. However, Gemini co-founder Cameron Winklevoss has strongly criticized the agency, accusing it of causing financial and operational harm to the crypto industry.

general-iconGeneral
Negative
cover-imageBitcoinist
February 27, 2025

Illegal Crypto Mining Causes $14M in Losses for Russian Power Company—Report

According to a report uploaded on February 18, last year, Russia's Rosseti Group, a major player in the nation's electricity sector, reported damages of over 1.3 billion rubles (approximately $14.2 million) caused by “unauthorized” cryptocurrency mining operations.

general-iconGeneral
Positive
cover-imageBitcoin
February 27, 2025

Binance CEO Calls Crypto Drop a ‘Tactical Retreat'—The Next Surge Could Be Explosive

Crypto's recent downturn is a “tactical retreat, not a reversal,” Binance's CEO said, pointing to strong institutional demand, resilient fundamentals, and past market recoveries. Binance CEO Breaks Down Crypto's ‘Tactical Retreat'—Why It's a Bullish Signal Binance CEO Richard Teng addressed recent market turbulence on social media platform X on Feb.

general-iconGeneral
Negative
cover-imageThe Currency Analytics
February 27, 2025

Crypto Liquidations Hit $1.5 Billion as Market Sentiment Dips

The cryptocurrency market has been rocked by a significant surge in liquidations, with over $1.5 billion wiped out in just 24 hours. This marks the third time in February that liquidations have surpassed the billion-dollar threshold, fueling fears of an impending bear market.

general-iconGeneral
Neutral
cover-imageNewsBTC
February 27, 2025

Justin Sun And SEC Request ‘Pause' In Ongoing Legal Battle Over Crypto Ventures

According to Bloomberg, lawyers representing Justin Sun and the US Securities and Exchange Commission (SEC) are requesting a stay in the ongoing regulatory proceedings against him. Justin Sun And SEC Seek Case Pause This joint filing, submitted on Wednesday, indicates that both parties believe it is in their mutual interest to pause the case while they explore a potential resolution.

general-iconGeneral
Negative
cover-imageCryptopolitan
February 27, 2025

CZ reacts to Bybit's detailed forensics report on the recent $1.4B hack

Safe{Wallet} has released a statement on Bybit's targeted. The forensic report has left former Binance CEO Changpeng Zhao with more questions than answers and he heavily criticized them claiming the report is written in vague language to brush over the issues.

general-iconGeneral
Positive
cover-imageCryptonews
February 26, 2025

Former Crypto-Friendly Congressman Patrick McHenry Joins a16z as Senior Advisor

Patrick McHenry, a longtime crypto advocate in Congress, has joined Andreessen Horowitz (a16z) as a senior advisor. His transition from policymaker to industry consultant underscores the private sector's growing role in shaping regulatory discussions around digital assets and emerging technology. The post Former Crypto-Friendly Congressman Patrick McHenry Joins a16z as Senior Advisor appeared first on Cryptonews.

general-iconGeneral
Negative
cover-imageBeInCrypto
February 26, 2025

Crypto Prices Crash Again as Trump Discusses 25% EU Tariffs

After consistent bearish signals, President Trump's surprise announcement of EU tariffs has devastated Bitcoin and the broader crypto market. Crypto-related traditional stocks are feeling the heat as the contagion spreads.

general-iconGeneral
Neutral
cover-imageCryptoSlate
February 26, 2025

Circle CEO says US dollar-pegged stablecoins should be registered in the US

Circle co-founder Jeremy Allaire has called for US dollar-pegged stablecoin issuers to be registered in the United States, emphasizing the need for regulatory clarity as lawmakers introduce new legislation on digital assets. Allaire made the statement during a Bloomberg interview on Feb.

general-iconGeneral
Negative
cover-imageNewsBTC
February 26, 2025

Crypto Market Sees Record Flash Crashes, What's Going On?

The crypto market has experienced an unprecedented surge in volatility, with established coins like Bitcoin and Ethereum facing extreme price swings. Since January, the frequency of flash crashes has risen sharply, erasing billions from the market.

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