Hack explanation leaves CZ unsatisfied, as he raises concerns about compromised developer machines and multi-signer vulnerabilities.

Crypto AI agents are showing mixed signals as the top 10 coins in this sector display varied performance. While some, like VIRTUAL, AI16Z, and AIXBT, have posted gains in the last seven days, others, including FAI and TRAC, continue to decline.

A Montana man has been found guilty of conspiracy to launder over $2.4 million through cryptocurrency, the U.S. Attorney's Office for the Eastern District of Texas announced Thursday. Randall V.

The MEME Act would slap any high-ranking government official who makes money from promoting crypto tokens with criminal and civil penalties.

BOFA is set to enter the crypto market with its USD-pegged stablecoin. It's another move to integrate digital assets into traditional banking that could reshape the financial sector.

BitMEX employed the independent investment bank Broadhaven Capital Partners to facilitate the sale.

DraftKings has agreed to a $10 million settlement over allegations of selling unregistered securities through its NFT marketplace, providing compensation to affected users who traded NFTs between August 2021 and the settlement date. The post DraftKings Settles NFT Securities Lawsuit for $10 Million appeared first on Cryptonews.

Stripe's co-founders say stablecoins represent an advancement on "status quo" money, which will make "economies more prosperous."

Sixth Street, a private equity firm with over $100 billion in assets under management, has backed blockchain-based lending platform Figure Technology Solutions with a $200 million investment.

The U.S. Securities and Exchange Commission (SEC) plans to drop its enforcement lawsuit against Consensys' Metamask wallet, CEO Joe Lubin announced Feb. 27, 2025, citing a regulatory pivot under new leadership pending commissioner approval.

Sam Liccardo, a Silicon Valley congressman, proposed the MEME Act to stop TRUMP and other political tokens. The bill has practically no chance of passing, but it might be an important milestone.

The Finance Ministry of Pakistan is reportedly considering forming a National Crypto Council to explore the legalization of cryptocurrencies in the country.

Illicit crypto transactions in 2024 will likely surpass 2023's record, while criminals pivoted from Bitcoin to stablecoin for laundering stolen wealth.

Crypto exchange giant BitMEX is exploring the options of a complete takeover. Co-founded by Arthur Hayes, Benjamin Delo, and Samuel Reed in 2014, the exchange has reportedly tapped Broadhaven Capital Partners, an investment banking firm, to help in the potential takeover process.

The US Securities and Exchange Commission (SEC) has agreed in principle to dismiss its securities enforcement case against Consensys, according to a Feb. 27 statement. Once final approvals are secured, the SEC will file a stipulation with the court to formally close the case.

Bybit has successfully restored 77% of its assets under management (AUM) following a recent security incident, reaffirming its commitment to transparency and resilience. The exchange also reported strong trading activity, surpassing $40 billion in volume over the past two days, and enhanced its proof of reserves verification to ensure full collateralization of user funds.

The FBI is calling on node operators and exchange platforms to block transactions related to the record hack of Bybit. The U.S. federal agency confirms the involvement of the North Korean Lazarus group in this theft of $1.4 billion and is taking steps to prevent the laundering of the funds.

Five states' crypto efforts faltered as Texas advances and Utah nears a final vote, leaving the state-level push for digital asset reserves with mixed results.

TL;DR Consensys and the SEC reached an agreement to dismiss the case against MetaMask, which accused the software of violating federal securities laws. Joseph Lubin, Consensys' founder, praised the SEC's pro-innovation stance, which will allow the company to focus on developing its technology.

The US Securities and Exchange Commission (SEC) has agreed to drop its securities enforcement case against MetaMask after reaching an agreement with Consensys, the company behind the popular crypto wallet. The US SEC sued Consensys Software, Inc.

DraftKings Inc. has agreed to a $10 million settlement in response to a class-action lawsuit alleging that its sale of non-fungible tokens violated state and federal securities laws.

BitMEX appointed boutique investment bank Broadhaven late last year to assist with the sales process, according to sources.

The SEC accused the company's wallet tool of being an unregistered securities broker.

A recent spate of scandals have dampened retail sentiment on memecoin trading.

Bank of America CEO Brian Moynihan teases the potential launch of dollar pegged stablecoins.

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The Bybit CEO is launching a new initiative that calls on the crypto community to help retrieve digital assets stolen by a notorious group of North Korean hackers.

The SEC is dropping its enforcement actions against crypto firms in an apparent regulatory pivot following new leadership at the regulator.

US Democratic Congressman Sam Liccardo introduced a bill on Feb. 27 to prevent government officials and their families from profiting from cryptocurrencies, including memecoins. The proposed legislation, known as the Modern Emoluments and Malfeasance Enforcement (MEME) Act, has gained support from multiple Democratic colleagues and is designed to “make corruption criminal again.

As the cryptoverse begins to pick itself up from jarring breaches, Mask founder Suji Yan is the latest victim of a calculated attack. Yan confirmed the loss of $4 million worth of assets with the stolen asset swapped to Ethereum (ETH) and moved to multiple addresses.

The Crypto Fear and Greed Index reached “Extreme Fear” today, its lowest level since the FTX collapse in 2022. Between ETF outflows, Trump tariffs, and more, bearish sentiment is everywhere.

With 20 million active crypto users, Pakistan is taking steps to legalize cryptocurrency, with the finance ministry considering the creation of a National Crypto Council. As per local reports, this move came after a meeting between Finance Minister Muhammad Aurangzeb and US delegation described as “Trump advisers for digital assets.

"Subject to the approval of the Commission, the SEC will file a stipulation with the court that effectively closes the case," said Lubin.

FBI officially attributes February's record-breaking $1.5 billion Bybit cryptocurrency hack to North Korean state-sponsored hackers who used sophisticated deception techniques targeting cold storage.

Consensys and the U.S. Securities and Exchange Commission (SEC) have reached an agreement in principle to dismiss the securities enforcement case concerning MetaMask. The resolution is subject to the approval of the Commission, after which the SEC will file a stipulation with the court to officially close the case.

The U.S. SEC has dropped its case against Ethereum software developer Consensys in another regulatory win for the digital asset industry.

Token listing announcements stir up hype, but data shows a majority of tokens sell-off once listed.

Former FDIC board member McKernan is a critic of overregulation and has pointed out the excesses of Operation Choke Point 2.0.

The dismissal highlights a shift towards more collaborative regulatory approaches, potentially fostering innovation and growth in the crypto sector. The post Consensys and SEC reach agreement to dismiss MetaMask securities case appeared first on Crypto Briefing.

The U.S. Securities and Exchange Commission (SEC) has agreed in principle to drop the lawsuit against software developer Consensys.

Bitwise's Chief Investment Officer, Matt Hougan, has raised concerns about the future of the meme coin market, predicting that the excitement surrounding these digital assets is on the verge of collapsing.

As speculative interest wanes, holders face increasing losses, while Bitcoin remains the more stable asset in the current market.

Blackbird's layer-3 mainnet, Flynet, is built on Coinbase's Base chain. The team claims that building a layer-3 for its program benefits the restaurant industry because it eliminates middlemen and reduces transaction costs.

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Stakers are migrating away from centralized exchanges like Bybit, Everstakes' COO said.

Binance's listing and airdrop distribution have propelled MyShell to the top of trending tokens, driving a massive surge in trading volume.

Ryze Labs Founder and Managing Partner Matthew Graham unpacks the convergence between Crypto, AI and Robotics.