The Securities and Exchange Commission of the United States has terminated its investigation into Robinhood Markets Inc (NASDAQ: HOOD). Shares of the fintech are inching up in premarket today. The company's crypto business had been under investigation for potential violation of the securities law since May of 2024.

Infini, a Hong Kong-based stablecoin platform, recently fell victim to a significant security breach, resulting in a loss of approximately $49 million.

Robinhood announced that the SEC has closed its investigation into the company's crypto division without pursuing enforcement action.

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TL;DR Lazarus Group, a North Korean cybercrime group, is believed to be behind the $1.4 billion theft from Bybit, marking one of the largest cryptocurrency hacks to date. Investigations suggest that the stolen funds are likely to be laundered through “mixers”, making it more difficult to trace transactions and potentially hindering recovery efforts.

Robinhood shares surged about 2.5% in premarket hours as the U.S. SEC ended its investigation into the crypto and equity trading platform.

The US Securities and Exchange Commission told Robinhood Crypto on February 21 that it was officially closing the investigation it opened against the company.

The trading platform said in a statement that the regulator's investigation "should never have been opened."

VC funding for crypto projects slowed down dramatically in February, reflecting the market downturn. Funds are more selective about projects that can deliver results and are adaptable to a shifting market.

Robinhood Crypto is no longer under investigation by the SEC. The agency closed its inquiry on Feb. 21, opting not to pursue any enforcement action.

The investigation was dropped more than a month after Robinhood and the SEC reached a $45 million settlement.

Recently, crypto exchange Robinhood announced Monday that the SEC is dropping its investigation into its crypto arm. The company shared in a detailed blog post that it received a letter from the SEC's Enforcement Division on Friday, confirming the case is closed with no further action planned.

Robinhood has announced that the US Securities and Exchange Commission (SEC) has closed its investigation into the exchange and will not pursue any enforcement action.

In a massive development for the crypto industry, the US Securities and Exchange Commission (SEC) has dropped its case against the Robinhood exchange without any further action. This comes just days after the US SEC agreed to drop the Coinbase lawsuit.

Robinhood said on Monday the U.S. Securities and Exchange Commission had closed its investigation into the company's crypto trading arm with no action.

The European Union has taken a strong stance against Russia's use of digital assets by imposing full-fledged sanctions on the Russian cryptocurrency exchange, Garantex. This move is part of the EU's sixteenth package of sanctions, which prevent Russia from using digital assets to bypass restrictions.

The Arab Financial Services (AFS), a MENA-based digital payment solutions provider and fintech enabler, has partnered with Ternoa Blockchain to onboard billions of retail customers into crypto. AFS' partnership with Ternoa Blockchain, described as a secure and cost-efficient PayFi network, is expected to offer stablecoin payments to UAE merchants through point-of-sale terminals (POS).

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Since its launch in 2020, Venus Protocol has established itself as one of the most trusted decentralized lending platforms. Building on this foundation, Venus continues to expand across multiple networks while enhancing its governance model and risk management to strengthen its omnichain presence.

The U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against Robinhood Crypto, the cryptocurrency unit of the popular financial services company.

Bitcoin faced heavy selling pressure with outflows reaching $571 million. A portion of investors even bet against the flagship cryptocurrency, pouring $2.8 million into short-Bitcoin positions.

Changpeng Zhao has addressed millions of X followers to share how to preserve their crypto secure.

The European Union has rolled out a new round of sanctions, adding crypto exchange Garantex, which was already blacklisted by the U.S. Treasury's OFAC.

Infini has vowed to compensate all affected users.

Most people assume that crypto's most popular financial instruments are tokens, but index funds are gaining significant traction. In traditional finance (TradFi), index-based funds have historically outperformed single-asset funds in terms of assets under management (AUM), providing investors with diversified exposure while mitigating risk.

Bgin Blockchain Limited, a Singapore-based manufacturer of cryptocurrency mining rigs, has filed for an initial public offering (IPO) in the United States, aiming to raise up to $50 million. The filing was submitted to the U.S. Securities and Exchange Commission (SEC) on February 21, 2025.

ZachXBT and SlowMist claim eXch processed $35 million in stolen Bybit funds, but the exchange insists it was an isolated case.

Arkham Exchange, the 2024 founded centralized crypto trading platform operated by the Blockchain analytics firm, Arkham Intelligence, announced on Saturday that it will expand its spot trading services to 17 U.S. states. Starting from March 1, this move by Arkham follows after it launched USDT-based perpetuals exchange last year in November, securing substantial market share.

Binance will open trading for these new pairs starting from February 25, 2025, at 08:00 (UTC).

Bgin Blockchain Limited, a Singapore-based company specializing in crypto mining equipment, has filed for an initial public offering (IPO) in the United States.

Hackers stole 400,000 ETH—worth $1.5 billion—right from Bybit's cold wallet. Security experts, including ZachXBT, quickly traced the attack to the infamous Lazarus Group.

Singapore-based Bgin Blockchain Limited has filed with the U.S. Securities and Exchange Commission for an initial public offering (IPO) expected to raise up to $50 million. The company plans to offer approximately 59.54 million Class A ordinary shares and 15.

An altcoin season occurring in this current bull market cycle has become a heated topic in the crypto sector lately, with uncertainty observed among the majority of crypto enthusiasts.

Crypto markets need to monitor several key US economic data points this week, given the abounding influence of macroeconomic events on Bitcoin (BTC).

Deribit, the world's largest cryptocurrency derivatives exchange, is setting its sights on expanding into Hong Kong, as the city intensifies efforts to become a leading hub for virtual assets. The post Deribit Plans Hong Kong Expansion as City Pushes to Become Virtual Asset Hub appeared first on Cryptonews.

The crypto market has just turned down again early on Monday. Total2 (market capitalisation of all cryptocurrencies, excluding $BTC) has declined 4.2% so far on the day, and even major alts, such as $ETH, are down more than 5%.

Rejuve.AI has officially announced a significant airdrop event set to begin on March 3, 2025, during which it will distribute a total of 50 million RJV tokens.

eXch has denied allegations of laundering money for North Korea's Lazarus Group following the $1.4 billion hack on Bybit on February 21. The post Non-KYC Exchange eXch Denies Helping Lazarus Group Launder Stolen Funds from Bybit Hack appeared first on Cryptonews.

Bybit replenishes reserves after $1.4B ETH hack, but the case highlights growing security risks and North Korean-linked crypto hacks.

Investors are cautious amid uncertainty around trade tariffs, inflation and monetary policy, Head of Research James Butterfill said.

The market stands at a pivotal crossroads, leaving investors wondering if this is the end of the bull run or a temporary pullback

TL;DR Infini was hacked for $50 million by a developer who retained administrative privileges post-project completion, raising serious security concerns in the DeFi ecosystem. The attacker used 1 ETH from Tornado Cash to fund the hack, transferred $49.52 million worth of USDC through a custom contract, and swapped it for DAI to avoid detection.

Blockchain analytic firm Elliptic shared a key insight into the Bybit hack. The platform predicts that the hackers, now identified as the notorious Lazarus group, are likely to launder the stolen funds using crypto mixers.

CryptoQuant CEO Ki Young Ju argues that meme coins are rooted in Carl Jung's concept of the collective unconscious.

Crypto exchange eXch has denied allegations that it was involved in laundering the funds stolen from Bybit, following claims from several sources. eXch has denied allegations of laundering funds stolen from Bybit.

Based on historical patterns, the Lazarus group is currently in the second stage of the laundering process.

Hackers breached the platform's system, stealing USDC stablecoins before swiftly converting them into Ethereum and transferring them to a new wallet.