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news-imageMarch 3, 2025

US authorities to return $8.2M seized from crypto ‘wrong number' scammers to victims

An Ohio woman lost her life savings to the scam, and the fraudsters allegedly threatened harm to her friends and family unless she sent more money.
Publisher: Cointelegraph
Sentiment: Positive
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Positive
cover-imageCrypto Economy
March 3, 2025

U.S. to Return $8.2M in Crypto to Victims of Financial Fraud

TL;DR U.S. authorities are working to return $8.2 million in cryptocurrencies confiscated from a network of scammers who operated fraudulent investment schemes. The FBI identified at least 33 victims who lost a total of $6 million, while investigations into other cases remain ongoing.

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Negative
cover-imageCryptonews
March 3, 2025

Ex-Bank of England Economist Says Digital Pound is a ‘White Elephant,ʼ Costly and Useless

The Bank of England's digital pound project faces criticism from former economist Neil Record, who labels it a costly "white elephant" lacking public demand and potentially threatening privacy, despite £24 million already spent on development. The post Ex-Bank of England Economist Says Digital Pound is a ‘White Elephant,ʼ Costly and Useless appeared first on Cryptonews.

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Negative
cover-imageCrypto Economy
March 3, 2025

The Crypto Ecosystem and the Biggest Hack in History

TL;DR The cryptocurrency exchange Bybit was hit by a cyberattack on February 21, resulting in the loss of $1.4 billion in digital assets. This marks the largest hack in cryptocurrency history. In February alone, total losses due to hacks and scams reached $1.53 billion, a staggering 1,500% increase from January.

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Positive
cover-imageCryptopolitan
March 3, 2025

Trump wants a crypto reserve, but Congress holds the bag

US President Donald Trump said the United States would soon establish a strategic crypto reserve that will feature Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA).

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Negative
cover-imageCoinPedia
March 3, 2025

Crypto Hack Feb Breakdown: Unpacking a $1.53B Month of Losses

In the previous month, the cryptocurrency sector witnessed its biggest hack in history. Because of the Bybit hack, it lost nearly $1.4 billion. In February, losses from hacks increased by at least 1,500% compared to January.

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Negative
cover-imageCoingape
March 3, 2025

Binance To Delist Non-MiCA Compliant Stablecoin Trading Pairs In Europe

Cryptocurrency exchange giant Binance again nabbed significant investor attention with its latest announcement on Monday. The crypto trading platform revealed that it will be delisting all non-MiCA-compliant stablecoin trading pairs in the EEA (European Economic Region) shortly.

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Negative
cover-imageInvezz
March 3, 2025

Ronaldinho's crypto token STAR10 under scrutiny over insider trading allegations

On March 3, football legend Ronaldinho launched his official cryptocurrency, STAR10, built on Binance Smart Chain. The token promised exclusive benefits, such as signed memorabilia and access to an AI agent, attracting significant investor interest. Shortly after its release, STAR10 surged over 20%, reaching a peak of $0.29.

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Neutral
cover-imageBeInCrypto
March 3, 2025

Experts Discuss the Allure and Risk of Celebrity Meme Coins in the Crypto Market

Celebrity meme coins have recently surged in popularity, with figures like Elon Musk, Donald and Melania Trump, and Javier Milei driving significant traffic to this speculative trading area. Once limited to artists and influencers, the meme coin craze has attracted the attention of political leaders.

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Positive
cover-imageCryptopolitan
March 3, 2025

Crypto ETFs could reportedly become the third-largest asset class among US ETFs

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.

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Positive
cover-imageBeInCrypto
March 3, 2025

New Frontier in On-Chain Trading: Gate Research Explores the New Model of Gate.io Pilot

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.

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Negative
cover-imageInvezz
March 3, 2025

UK hands first-ever prison sentence for illegal crypto ATMs in regulatory crackdown

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.

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