The cryptocurrency market has displayed a strong bullish recovery after experiencing a major correction yesterday. Notably, with Donald Trump's tariff war, the global market has experienced a significant pullback, indicating rising uncertainty in the crypto market.

On Feb. 3, Bybit CEO Ben Zhou estimated that the recent crypto market correction could have triggered liquidations worth up to $10 billion, far surpassing earlier estimates.

The crypto market is experiencing a spectacular rebound following the decision by U.S. President Donald Trump to temporarily suspend the proposed tariffs on Canada and Mexico. This announcement comes amid intense negotiations between the United States and its North American neighbors concerning border security and trade.

Crypto markets experienced a brutal sell-off on Monday, wiping out billions in liquidations. Bybit CEO Ben Zhou claims the scale of forced liquidations is much larger than what is being publicly reported. Zhou argues that data discrepancies across platforms prevent a full picture from emerging, leaving traders unaware of the true depth of risk.

The US CFTC has been keen in investigating the legality of Crypto.com's Super Bowl futures contracts, to decide whether to take any actions. The post US CFTC Probes Crypto.com and Kalshi Over Super Bowl Events Contracts Compliance appeared first on Cryptonews.

Hong Kong's SFC is hiring more crypto regulators, aiming to strengthen market surveillance and speed up exchange approvals.

America's newly appointed AI and crypto Czar David Sacks will be hosting the first press conference on Tuesday, February 4, discussing America's leadership role in the digital assets industry moving ahead. The development was enough to put the crypto market on a strong recovery path after a brutal crash on Monday.

Onchain value for the real-world asset sector has increased 94% since the same time last year, adding nearly $4 billion in three months.

The regulator's probe is focused on the issue of sports being considered gaming, said New York-based crypto lawyer Aaron Brogan.

A 22-year-old Canadian, Andean Medjedovic, has been charged with stealing $65 million from two cryptocurrency platforms using advanced hacking techniques. U.S. prosecutors revealed that he targeted Indexed Finance in 2021 and KyberSwap in 2023. Meanwhile, he has been on the run from authorities since 2021. Mastermind Behind $65 Million Exploits A U.S.

China has responded with its own tariff measures against some US goods as crypto took another dive early Tuesday.

Coinbase has secured approval from the UK's Financial Conduct Authority (FCA), solidifying its status as the country's largest registered crypto exchange.

President Donald Trump temporarily paused tariffs on Canada and Mexico after discussions with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum.

Web3 developers earned some of the highest salaries in tech in 2024, due to their specialized expertise in decentralized application development. The post Web3 Developers Secure Top-Tier Salaries in 2024: Report appeared first on Cryptonews.

The regulator proposed eight new headcounts for crypto regulatory regimes, market surveillance and enforcement investigations.

The crypto market is seeing a strong recovery after experiencing a sharp decline of nearly 12%, plunging almost $400 billion in a single day. Meanwhile, the world's largest cryptocurrency by market cap Bitcoin, which had fallen close to $90,000, has now bounced back to over $101,000.

Cryptocurrency trading behemoth Coinbase Global Inc. (NASDAQ:COIN) announced its registration as the UK's largest cryptocurrency exchange on Monday, signifying a key step in its global growth strategy. What Happened: Coinbase won a Virtual Asset Service Provider registration from the Financial Conduct Authority, the UK's financial regulator, the company said in an X post.

The man, still at large, faces five charges, including wire fraud, computer damage, extortion, and money laundering.

Agentic AI for crypto remains highly speculative but the emerging niche may gain traction this year, said researchers from Sygnum Bank.

Prediction markets are booming, but the CFTC is paying attention. With Crypto.com and Kalshi under review, could stricter oversight be coming for event-based trading?

India is reassessing its cryptocurrency regulations as global policies evolve, with officials revisiting a discussion paper that could reshape the country's approach to digital assets.

Xeggex, a popular cryptocurrency exchange, has been experiencing issues after users reported sudden loss of logins and disappearing asset balances. Many are concerned that the exchange may have been “rugpulled.” Xeggex officials have explained that the CEO's account was hacked, which led to a temporary suspension of logins and access to user funds.

A Canadian hacker allegedly exploited vulnerabilities in two defi platforms, stealing $65 million and laundering funds through crypto mixers, prosecutors say. He remains at large. DOJ Indicts Canadian Hacker for $65M Defi Exploit The U.S. Department of Justice (DOJ) announced on Feb.

Tether Holdings Limited announced $13 billion in net profits for 2024, setting records in U.S. Treasury holdings and USD₮ circulation.

Coinbase has received a Virtual Asset Service Provider license, which will allow it to offer many services to UK customers.

The US commodities regulator is reportedly investigating Super Bowl markets offered by Crypto.com and Kalshi, asking them how they comply with derivatives rules.

According to a recent analysis by Benjamin Cowen, CEO and Founder of ITC Crypto, the crypto market has entered “Step 2” of his guide for 2025. The analyst pinpointed Ethereum (ETH) in his price chart, emphasizing that the second-largest cryptocurrency is set to decline further, in line with his earlier predictions.

Both Canada and Mexico have agreed to implement policies to stop the flow of illegal drugs and immigration into the US after a phone call with US President Donald Trump.

Both Canada and Mexico have agreed to implement policies to stop the flow of illegal drugs and immigration into the US after a phone call with US President Donald Trump.

ZachXBT, a renowned blockchain investigator, appears not done with crypto exchange Coinbase over lapses in their security system leading to scams. The crypto detective in a “thread” on X detailed how many users have become victims of social engineering attacks on Coinbase.

Crypto narratives are undergoing major shifts this week, with AI tokens, Real-World Assets (RWA), and meme coins all seeing significant corrections. The AI sector, once a top-performing category, has seen its market cap drop 42% in the past month, with major tokens like FET and RENDER extending their losses.

The trend of tokenizing Real World Assets (RWA) has been steadily gaining momentum, while the crypto market, which laid the foundation for on-chain tokenization, goes through a record price volatility that wiped out more than $2 billion in leveraged positions.

Thailand's Securities and Exchange Commission is planning to launch a blockchain-based debt instrument trading system that encourages securities firms to trade digital asset tokens. SEC Considers Token Fundraising Thailand's securities regulator has said it plans to launch a blockchain- or distributed ledger technology (DLT)-based debt instrument trading system.

The South Korean city of Gwacheon has announced it will use an IT solution to help it seize, freeze, and liquidate more crypto from tax-dodging residents. The post South Korean City Unveils Solution to Seize More Tax Dodgers' Crypto appeared first on Cryptonews.

In the wake of a substantial market downturn, Bybit CEO Ben Zhou has disclosed that crypto liquidations could be as high as $8 to $10 billion, surpassing earlier estimates. This revelation underscores the challenges in accurately reporting liquidation figures across platforms. The post Bybit CEO Estimates Crypto Liquidations Far Exceed Reported Figures appeared first on Cryptonews.

The US Commodity Futures Trading Commission (CFTC) is conducting a probe into digital assets trading platform CryptoCom and predictions marketplace Kalshi Inc over their launch of Super Bowl event contracts. As reported by Bloomberg, the probe seeks to clarify whether the offerings comply with existing derivatives regulations.

In the latest Crypto Asset Fund Flows Weekly Report, CoinShares detailed how digital asset investment products experienced a turbulent week, with an initial $530 million outflow last Monday caused by concerns related to the DeepSeek news. This sell-off quickly reversed, with the market later recovering more than $1 billion in inflows by week's end.

One of the biggest concerns is Coinbase's failure to block known theft addresses using compliance tools. Many stolen funds are sent to addresses that could be flagged, yet these transactions continue unnoticed.

ZachXBT reports that Coinbase users lost $65M in a two-month scam spree, with attackers using phishing emails, spoofed calls, and fraudulent websites to steal funds. The total estimated losses from similar scams exceed $150M, highlighting ongoing security risks in the crypto space. The post Coinbase Users Lose $65M in Two-Month Scam Spree as Security Lapses – ZachXBT appeared first on Cryptonews.

The CFTC is questioning Crypto.com and Kalshi over whether their derivatives-based Super Bowl LIX sports events contracts are compliant.

With derivatives accounting for over 75% of global crypto trading volume, options have become a critical tool in modern trading.

"Do we have the kind of market penetration that you would expect in a $3 trillion asset," one expert asked on a panel. "The answer is decidedly no.

Banks will limit their crypto exposure as long as anti-money laundering risks are at play, according to investment bank TD Cowen.

Mass liquidations, a crypto crash, and panic everywhere — but a top analyst says this could be crypto's biggest opportunity yet. Could U.S.

Miles Jennings, general counsel for a16z, argued that traditional regulatory approaches, such as antitrust measures, often fail to address the real issues of centralization.

The Subcommittee on Oversight and Investigations of the Committee on Financial Services will hold a hearing on Feb. 6 titled “Operation Choke Point 2.0: The Biden Administration's Efforts to Put Crypto in the Crosshairs.” According to a memorandum shared by the Subcommittee, the hearing will examine the impact of regulatory actions on the crypto industry.

A widely followed analyst is flipping bullish on altcoins after the crypto market's sudden correction over the weekend. Pseudonymous crypto trader Kaleo tells his 682,500 followers on the social media platform X that the digital assets market may soon be entering an “up only” phase based on the Bitcoin dominance (BTC.