David Sacks, the White House's AI and crypto czar, clarified on March 2 that he no longer holds any cryptocurrency, having sold his entire portfolio before Donald Trump's presidential inauguration.
Bybit's Ethereum cold wallet was compromised on February 21, resulting in a $1.46 billion theft linked to North Korea's state-sponsored Lazarus Group, adding to their multibillion-dollar crypto crime spree.
State Street analysts have predicted that crypto exchange-traded funds (ETFs) could flip precious metals ETFs to become the US's third-largest asset class among all ETF categories by the end of 2025. The bank, which is the world's largest ETF servicer, based its prediction on the surging demand for crypto ETFs.
TL;DR Trump announces Strategic Crypto Reserve: Major cryptocurrencies like Bitcoin, Ethereum, Solana, Cardano, and XRP are included, causing market surges. Market reaction: Bitcoin is up 8% to $92,000, Ethereum is up 5% to $2,300, Cardano is up 48% to $0.97, XRP is up 16% to $2.63, and Solana is up 11% to $160.
Sacks sold his digital assets before joining the Trump administration, though his venture firm maintains investments in the industry.
Two Colombian regulators have proposed another bill that would serve to regulate crypto. The bill consists of 16 provisions, including a VASP licensing system for crypto firms.
The Bybit hack, a more hawkish Federal Reserve and weakened sentiment contributed to the negative flows, James Butterfill said.
The UK has sentenced Olumide Osunkoya to four years in prison in the country's first criminal case for illegal crypto ATM operations.
As on-chain trading reaches record highs, decentralized exchanges (DEXs) are becoming an increasingly dominant force in the crypto market. In response to this shift, Gate Research's February 28th report analyzes the evolving market structure and how Gate.io Pilot is making on-chain participation more accessible.
More than 1,200 cryptocurrency ATMs across the United States mysteriously went offline during the first weekend of March. The post Over 1,200 Crypto ATMs Shut Down in US After Fraud Prevention Bill Proposal appeared first on Cryptonews.
US authorities seized $8.2 million in cryptocurrency from scammers who used fake wrong number texts to build trust with victims before stealing their money through a fake investment scheme.
Tesla CEO Elon Musk has compared meme coins to a “casino,” offering a blunt assessment of the speculative crypto sector.
The UK has sentenced Olumide Osunkoya to four years in prison for operating a network of illegal cryptocurrency ATMs without regulatory approval. The conviction marks the first criminal case involving unregistered crypto activity in the UK and signals a broader crackdown by the Financial Conduct Authority (FCA) on unauthorised digital asset operations.
Binance moves to restrict non-MiCA compliant stablecoins for EEA users, reveals delisting timeline and conversion options ahead of March deadline.
On March 1st, David Sacks, the White House's Crypto Czar, made an announcement. President Donald Trump will host the first-ever White House Crypto Summit on Friday, March 7th.
Russia's central bank says that there is growing interest in smart contracts from the country's banks, businesses and government. In a new speech to the Association of Russian Bank, Elvira Nabiullina, the governor of the Central Bank of Russia, says that a pilot for the digital ruble is “going well.
Vietnam is drafting regulations for digital assets and currencies. Prime Minister Pham Minh Chinh has directed the Ministry of Finance and the State Bank of Vietnam to draft digital asset regulations, with a proposal expected by March. This move aligns with Directive No.
Brazil Football icon Ronaldinho has made headlines in the crypto space today with the launch of a new token on the BNB Chain. The token, named Ronaldinho Coin (Star10) price surged more than 80% following the official launch but also sparked discussions in the broader crypto market.
Following President Donald Trump's recent announcement about establishing a national crypto reserve, investor attention has shifted toward altcoins made in the USA.
Ronaldinho allegedly breached a $6M crypto deal for a $10M contract.
Binance will delist nine stablecoins, including USDT and DAI, in Europe on March 31 to comply with MiCA regulations, while still allowing custody and conversions.
Crypto czar David Sacks says he currently does not own any crypto holdings since stepping into his role. Sacks is currently undergoing a government ethics review.
Tonkeeper, the leading self-custody wallet on The Open Network (TON), has announced that Memhash, a Telegram mini-app that gamifies cryptocurrency mining, has become the first project of its kind to integrate the new TONAPI Airdrop feature, as reported to Finbold on Monday, March 3.
Return of Staking: Details and Implications
As the crypto summit on March 7 approaches, market activity is rising. After a period of consolidation, the crypto market is recovering.
Uphold has resumed US cryptocurrency staking services on March 3, 2025, offering rewards on 19 digital assets after a two-year pause caused by regulatory concerns.
U.S. President Donald Trumps announcement of a national strategic crypto reserve featuring Solana (SOL), Cardano (ADA), and XRP triggered a market rally of up to 60% on Sunday. Later, he expanded the list to include Bitcoin (BTC) and Ethereum (ETH), fueling further bullish sentiment.
State Street predicted that digital asset ETFs AUM “will grow larger than” that of precious metals by 2025. The post Crypto ETFs to Surpass Precious Metal ETFs in US: State Street appeared first on Cryptonews.
The company has filed a trademark for “TRUMP,” signaling plans to launch a metaverse and NFT trading platform. This filing hints at a new venture that could bring the former president's brand into the world of virtual assets.
Trump announces plans for a U.S. strategic crypto reserve including five major cryptocurrencies, causing immediate price surges across the digital asset market.
The US lost 1,233 cryptocurrency ATMs in early March, just days after a senator proposed a bill to curb fraud in the sector.
David Sacks, the White House AI and crypto czar, confirmed that he no longer holds any cryptocurrency.
Hong Kong's OKG Tech saw its stock jump 42.6% at Monday's close, while Japan's Metaplanet closed up 21.15%.
Olumide Osunkoya, a 46-year-old entrepreneur, has been sentenced to four years in prison for illegally running cryptocurrency ATMs.
A former Bank of England economist says there is “no customer demand” for the digital pound, calling it a costly project with unclear benefits.
However, there are some doubts about it that could pose an obstacle to its actual establishment.
As we enter March 2025, the cryptocurrency landscape is buzzing with fresh innovations and market movements that are turning heads and opening wallets. Digital currencies are no longer just “bits and bytes”—they're becoming integral to how we conduct business and interact online.
Olumide Osunkoya has been sentenced to four years in prison for illegally running a network of crypto ATMs in the UK without the required regulatory approval, according to the Financial Conduct Authority (FCA) statement on February 28. Notably, this marks the UK's first criminal case involving unregistered cryptocurrency activity.
RWA tokenization platform DifiFT has been granted a custodial license from the Monetary Authority of Singapore, enabling it to add custody services for tokenized assets on its platform.
Law enforcement in India has arrested three in connection to a large-scale crypto fraud that lured over 2,000 victims with promises of lucrative returns.
According to central bank governor Elvira Nabiullina, the Bank of Russia is delaying the release of the digital ruble, which was scheduled for this summer but will be delayed until an undetermined future date.
The crypto market is experiencing a spectacular surge following an unexpected announcement from U.S. President Donald Trump. With the formalization of the establishment of a strategic crypto reserve, a national fund aimed at holding several major cryptocurrencies, he has triggered a massive wave of buying in the market.
Former Brazilian footballer Ronaldinho Gaúcho has officially launched his STAR10 token on the Binance Smart Chain.
The cryptocurrency market saw a sharp rally, gaining $300 billion in value after US President Donald Trump announced plans to establish a national crypto strategic reserve. The move, outlined in an executive order, signals the government's intent to accumulate digital assets, reinforcing the US's position in the global crypto landscape.
Crypto industry executives and experts have been quick to share their reactions to Donald Trump's strategic crypto reserve announcement.
U.S. authorities are taking steps to return $8.2 million in cryptocurrency seized from three scam-linked addresses to victims of a fraudulent investment scheme. The post US Authorities to Return $8.2M in Seized Crypto to Victims of Investment Scam appeared first on Cryptonews.
China Asset Management has launched the first retail tokenized fund in the Asia Pacifi (APAC) region. Broadening Investor Base The Hong Kong investment firm China Asset Management recently launched a tokenized fund known as the China AMC HKD Digital Money Market Fund.
The United States Attorney's Office in Ohio is looking to forfeit millions in seized crypto from a scam operation and return it to victims who were tricked into fake investments.