All of this comes as data from Nansen flagged that the hackers have "officially emptied their wallet," going from $1.4 billion to $1,429 in 10 days.

Over the weekend, President Donald Trump pulled what Peter Schiff is calling “the biggest crypto rug pull of all time.” Schiff, who is a longtime gold lover and crypto hater, took to X (formerly Twitter) on Tuesday to accuse Trump of orchestrating a pump-and-dump scheme with his announcement of a US strategic crypto reserve.

Memhash has become the first project to incorporate the new TONAPI Airdrop feature, developed by the Tonkeeper team.

BankPozitif, a leading digital bank in Turkey, has partnered with Swiss digital asset infrastructure provider Taurus to offer institutional-grade cryptocurrency custody services.

MegaETH, an Ethereum layer two (L2) scaling solution backed by Vitalik Buterin and Dragonfly Capital, will deploy its testnet this week, offering developers and users a first look at its high-speed blockchain infrastructure.

Treasury Secretary Scott Bessent Tuesday morning said the Trump administration is committed to lowering interest rates.

One crypto whale made $6.8M off a big bet over the weekend.

On February 21, 2025, the North Korean hacking group Lazarus managed to steal approximately $1.5B worth of Ethereum. Despite the initial whiplash effect, the $1.5B Bybit hack could paradoxically boost the best meme coins in 2025 and beyond.

The major investment bank BankPozitif will expand its capabilities into digital assets services via Taurus-PROTECT and Taurus-EXPLORER products. The post $7 Billion Turkish BankPozitif Partners with Taurus for Crypto Custody to Meet Surging Demand appeared first on Cryptonews.

Crypto market drops 10% despite Trump's crypto reserve announcement. Bitcoin falls from $93K to $83K, while Cardano and Solana see over 15% declines.

MegaETH is scheduled to launch its testnet this week on March 6. The layer2 project claims itself the first real time blockchain with high-speed L2 scaling solution.

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The probe, which began in late 2022, aimed to determine whether certain NFTs should be classified as securities under U.S. law. On March 3, the company shared the news in an X post, stating, “After 3+ years, the SEC has officially closed its investigation into Yuga Labs.

TL;DR Onyx launches Goliath, a Layer-1 blockchain designed for financial institutions, with a capacity of up to 24,000 transactions per second and based on a Proof-of-Stake (PoS) consensus model, making it more efficient and sustainable. Interoperability with traditional networks, allowing integration with existing banking infrastructures and improving blockchain adoption in the financial sector.

Crypto analyst Nicholas Merten aka Datadash recently shared strong concerns about the Trump administration's proposed “Strategic Crypto Reserve,” which includes cryptocurrencies like Bitcoin, Ethereum, XRP, Solana, and Cardano. Merten questioned the inclusion of these altcoins, arguing that they don't yet have enough real-world adoption or use cases to be considered vital for national security.

Palo Alto, USA, 4th March 2025, Chainwire

Sparq Leverages AAA Sports IP, Cutting-Edge AI, Game Rewards, and the Blockchain to Revolutionize How Mobile Games Are Created and Marketed

The Bybit funds have been swapped, but 77% are still traceable, noted the exchange's CEO Ben Zhou. The hack caused unprecedented partnership with other markets and protocols to intercept funds where possible.

Joe Lonsdale, Palantir co-founder and 8VC founding partner, joins 'Squawk Box' to discuss why he's against the idea of a crypto reserve, the gutting of USAID, DOGE's spending cuts, the contentious White House meeting between President Trump and Ukrainian President Zelenskyy, and more.

As the United States explores a strategic crypto reserve, Israel is pushing ahead with its central bank digital currency (CBDC) plans. In a recent development, Israel released an initial design proposal for its official digital shekel (DS).

David Bailey, a former aide of the Trump campaign, called for an audit of the U.S. bitcoin, stressing the current state of the digital assets owned by the U.S. was unacceptable. He remarked few or nobody was able to ascertain the state of the 200,000 BTC allegedly in possession of government agencies.

TL;DR Lazarus Group successfully laundered 499,000 ETH stolen from Bybit, valued at $1.39 billion, in just 10 days, causing Ethereum's price to drop by 23%. THORChain processed over $5.9 billion in transactions for the hackers, collecting $5.5 million in fees, making this the largest crypto laundering case in history.

Bybit has requested a refund from ParaSwap DAO for swap fees paid by a hacker, sparking a governance debate over ethical responsibility.

Decentralized social media platform Farcaster's co-founder Dan Romero does not see the US government buying any more crypto tokens to add to its upcoming crypto reserve. Romero predicts that the strategic federal crypto holdings will only contain assets that were seized by US financial authorities from fines and illicit activities.

Beijing Internet Court ruled in favor of TRON founder Justin Sun in a prolonged defamation case against Beijing SINA Internet Information Service Co. Ltd, operator of finance.sina.com. The Dec. 31, 2024 verdict, which Sina declined to appeal by the Feb.

Yuga Labs has announced a significant legal win, revealing that the U.S. Securities and Exchange Commission (SEC) has officially wrapped up its years-long investigation into the company.

Turkish banks have been increasingly moving into crypto by offering investment in diverse crypto assets to their clients, with BankPozitif as the latest bank.

Turkey's economic woes have buoyed crypto adoption in recent years as users have turned to cryptocurrency as a lifeline against double-digit inflation

Illinois Democratic Senator Dick Durbin has announced a new bill that aims to prevent fraud associated with crypto ATMs. Americans suffered $66 million worth of losses to crypto ATM scams in the first half of 2024, according to the Federal Trade Commission (FTC).

​In the midst of escalating trade tensions and economic uncertainties, investors are exploring alternative avenues to safeguard their assets. One such avenue gaining attention is cryptocurrency presales.

Meme-themed cryptos are an intriguing part of the trading industry, and their value is based on internet memes and investor demand. In the last few years, meme coin cryptocurrency status has turned from volatile and low-value digital assets to profitable opportunities due to their explosive rallies.

The financial world is at a turning point, and the Web3 Banking Symposium 2025 is poised to lead the conversation. Organized by the Crypto Valley Association (CVA) together with the City of Lugano, this exclusive one-day event will take place in Lugano, Switzerland, focusing on the transformative intersection of traditional banking and Web3 technologies.

​In the midst of escalating trade tensions and economic uncertainties, investors are exploring alternative avenues to safeguard their assets. One such avenue gaining attention is cryptocurrency presales.

According to on-chain data, hackers successfully laundered 499,000 ETH (worth $1.4 billion) stolen from Bybit, marking one of the largest crypto heists in history. The laundering process began on February 21 and lasted 10 days.

The SEC will host a roundtable on March 21 to discuss crypto regulation and the future of digital assets. The agency has closed major lawsuits against the crypto exchanges, including the most recent Kraken case, and Coinbase.

The SEC has agreed to dismiss the lawsuit against Kraken, marking a shift in regulatory attitudes. Kraken's victory signals a potential end to aggressive legal actions against crypto firms.

The Bybit hacker has laundered $1.04 billion in stolen funds in just 10 days, but security firms believe some assets may still be recoverable through blockchain tracing.

The combined market capitalisation of all cryptocurrencies, excluding Bitcoin, is at the $1 trillion major support. Another $80 billion could be about to get erased from altcoins if this support fails.

The cryptocurrency market is bracing for significant volatility ahead of the highly anticipated White House Crypto Summit on 7 March. The event, hosted by former US President Donald Trump and tech investor David Sacks, is expected to shape future regulations and tax policies for digital assets in the US.

The crypto market has had a rough time, losing nearly $500 billion in just one day, reflecting a 10% drop. Looking at past trends, March has been a bearish month for crypto, with losses recorded 50% the time since 2013.

TL;DR SEC Withdraws Lawsuit: The U.S. SEC has dropped its lawsuit against Kraken, dismissing it with prejudice, meaning no penalties or operational changes for Kraken. Yuga Labs Cleared: The SEC has concluded its investigation into Yuga Labs, deciding not to pursue any enforcement measures, marking a significant win for the NFT industry.

President Donald Trump is gearing up for a high-profile White House Crypto Summit this Friday, aiming to position the US as a global leader in digital assets. With major tax reforms and government-backed crypto initiatives on the table, this could be a turning point for the industry. But not everyone is convinced.

Bybit CEO Ben Zhou said 83% of stolen funds were converted to Bitcoin and spread across 7,000 wallets, with 20% untraceable and 3% frozen.

Coinbase CLO Paul Grewal revealed that the company has submitted a FOIA request to gain a complete understanding of the costs and the individuals involved in the SEC's actions against crypto, focusing on its Crypto Assets and Cyber Unit.

The first week of March has seen significant market volatility. Unexpected news from President Trump, including plans to include altcoins in US crypto reserves and new tax policies, has influenced capital flows.

The crypto market took a massive rollercoaster ride on Monday, March 3. Just 24 hours after US President Donald Trump's bullish announcement of building a crypto reserve sent the market soaring by $350 billion, things reversed dramatically.

Bitcoin surged to a high of nearly $95,000 following President Donald Trump's announcement of a crypto strategic reserve during the weekend. However, the gains quickly evaporated as escalating trade tensions between the US and key partners, including China, Canada, and Mexico, triggered a sharp market downturn.