Crypto bulls are maintaining pressure to keep optimism high after digital asset prices tumbled. Most traders cited on-chain factors and historical data backing a possible rebound.
Bybit, one of the biggest crypto exchanges, is getting closer to securing a full operational license in the United Arab Emirates (UAE). This approval comes at a crucial time, as the exchange recently suffered a massive $1.4 billion hack.
Already having posted sharp losses over the past days, the price of bitcoin held about steady following the news.
Amidst ongoing conversations about crypto scams and hacks, a U.S. senator has proposed a bill to tackle crypto ATM fraud. Senator Dick Durbin of Illinois, while speaking at the Senate, noted that senior citizens had become prime targets of crypto scams.
The crypto industry lost a further $1.53 billion in February due to hacks and exploits, representing a 20x increase month-over-month.
US President Donald Trump has been criticized for launching his meme-coin with little knowledge of cryptocurrency. The coin initially surged due to his influence but then crashed, causing major losses for investors.
BitGo's head of activations has worked to bring on new protocols like Sui and Berachain, which are staking foundation and treasury assets.
The use of crypto payments in luxury retail is increasing, with merchants accepting Bitcoin and altcoins for high-end purchases. This trend signals a shift in consumer behavior as digital assets integrate into premium commerce. The post Merchants Report Increase in Crypto Payments for Luxury Goods appeared first on Cryptonews.
The substantial drop comes amid a memecoin price plunge following various controversial celebrity token launches.
South Korean regulators have imposed a three-month suspension on Upbit, restricting new user transactions and citing compliance violations, as part of a broader effort to tighten cryptocurrency oversight.
The company aims to bring digital gift cards on-chain, turning them into a “programmable retail currency.”
As Ethereum's Pectra upgrade gets closer, Alchemy's Will Hennessy talks about why EIP-7702 isn't for beginners and what blockchain developers need to be aware of.
To moderate a great panel, there are 5 simple things you can do. Whether you are discussing AI or Quantum or Blockchain this steps can help you moderate.
US authorities have taken custody of Aleksei Andriunin, the founder of Gotbit, a company accused of manipulating crypto markets.
Robinhood CEO Vlad Tenev has highlighted tokenization as a pivotal element in advancing the crypto landscape, stating it could "unleash the true power of the crypto revolution."
California Democratic Party Representative Sam Liccardo is preparing to introduce the MEME Act, which would ban the issuance of memecoins like TRUMP by public officials.
Backed by major players like Infura, Consensys, IoTeX, Polygon, Helium, and Blockscout, the pledge takes a bold step. Despite Web3's promise of decentralization, many projects still rely on big cloud providers, creating a bottleneck that stifles innovation.
Applicants were duped into installing a custom-made virtual meeting software, GrassCall, which would inject malicious software.
TL;DR Q4 Setback, Bold Expansion: Despite a $265 million Q4 loss driven by non-cash adjustments, Core Scientific announces a $1.2 billion expansion of its data center operations. Strategic AI & HPC Focus: The new Denton, Texas facility, in collaboration with CoreWeave, is poised to become one of North America's largest GPU supercomputers.
Bybit has been granted an in-principle approval from the Securities & Commodities Authority of the UAE and is on track to receive the fully operational license. On Feb.
As one door closes, a better one opens. With US lawmakers repealing the controversial ‘DeFi broker rule,' the crypto space is seeing a shift toward greater clarity.
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Research outline AMBCrypto's survey: 4K+ investors shed light on Trump's pro-Bitcoin stance Bitcoin's February outlook:
In a public service announcement, the agency warned that North Korean-linked cybercriminals were behind the attack. They are now actively trying to launder the stolen funds.
Altcoins have crashed this year, leaving many retail investors holding the bag. A closer look at on-chain metrics show that some crypto whales still hold tokens that have crashed this year, a sign that they expect their prices to recover.
With some of the major altcoins suffering as much as a 50% correction, and more, it could be time to start making some speculative entries into the market.
A key provision of the bill grants the Crown Court extended powers to handle confiscation orders involving crypto.
Robinhood is also planning to offer more cryptocurrencies to its users and to continue investing in its non-custodial wallet.
The quick laundering of over $400 million from Bybit's hack suggests North Korea may have expanded its operations, analysts say. Over $400 million from Bybit‘s $1.
TL;DR Extreme Market Panic: The Crypto Fear & Greed Index has dropped to a two-year low of 10, marking “Extreme Fear” and sparking widespread panic as investors react to a deepening downturn. Bitcoin Under Pressure: Bitcoin has tumbled 25% from its January peak, with a surge in $1.
Bitcoin mining company Core Scientific has revealed plans for a $1.2 billion data center expansion in partnership with artificial intelligence startup CoreWeave. The post Core Scientific Announces $1.2B Data Center Expansion Despite $265M Q4 Loss appeared first on Cryptonews.
A Chinese national was murdered in a luxury hotel in Jeju City, South Korea, while trading cryptocurrency. Four individuals have been arrested in connection with the murder case. The killer also stole nearly $59,000 from the victim. Chinese National Murdered While Trading Cryptocurrency in Korea Wrench attacks are rising in the cryptocurrency space.
The FBI has requested the collaboration of the cryptocurrency industry to trace and block the funds stolen from Bybit in a bull hacker attack.
The crypto council would be a dedicated advisory body that consists of government representatives, regulatory authorities and industry experts.
Bybit has secured an in-principle approval (IPA) from the United Arab Emirates' Securities & Commodities Authority (SCA) to establish itself as a Virtual Asset Platform Operator in the region.
The Federal Bureau of Investigation (FBI) has confirmed North Korea as the culprit behind the recent $1.5 billion exploit on Bybit. In a Feb. 26 Public Service Announcement (PSA), the agency attributed the attack to TraderTraitor, a malicious cyber campaign linked to North Korean threat actors.
A group of cybercriminals known as “Crazy Evil” has been tricking job seekers into installing a malicious app that steals cryptocurrency.
The Solana-based memecoin Launchpad Pump.fun's X account has been hacked and used to promote fake cryptocurrencies, including an “official” PUMP governance token. On-chain investigators suspect the hack is linked to other X account compromises.
Changpeng Zhao, more commonly known as CZ, a Binance co-founder and its former chief executive, has published a tweet to address the crypto community about the importance of creating new products and improving the current ones in the crypto space.
Bank of America CEO Brian Moynihan stated that the bank could launch a stablecoin if US regulations permit.
CZ warns users of hacked accounts promoting tokens and says YZi Labs staff who promote coins will be ‘fired immediately.
Bybit is nearing a full operational license in the UAE, expanding globally despite regulatory challenges and a $1.4 billion crypto hack.
The report, titled “Bybit Interim Investigation Report,” provides critical insights into an attack on Bybit's Ethereum Multisig Cold Wallet. It offers clarity for users and the broader crypto community.
FBI has called for collaborations to block North Korea threat actors from laundering Bybit heist.
CoreWeave, a leading AI-focused cloud computing firm, is reportedly preparing for a U.S. public listing within the next week, aiming to raise around $4 billion. According to Bloomberg, the company is targeting a valuation exceeding $35 billion.
Stablecoins and crypto regulation took center stage at a Senate Banking Committee hearing, marking a key step toward a legislative framework for digital assets. Chaired by Wyoming Senator Cynthia Lummis, a strong crypto advocate, the hearing highlighted bipartisan efforts to regulate stablecoins before tackling broader market structure reforms.
Financial analyst Jim Cramer called Robinhood Markets Inc. (NASDAQ:HOOD) a "misunderstood" stock on Wednesday, seeing it as an investment in the future of investing What happened: In an X post, Cramer emphasized that Robinhood is not merely a play on cryptocurrencies or risky options. "It is an investment in the way the next generations will invest, and it has the field to itself because most investment houses don't even want their clients and don't understand what they want," the host of CNBC's popular Mad Money show said.