A North Dakota bill that places various safeguards on cryptocurrency ATMs, including a daily transaction cap and mandatory fraud warnings, has passed the Senate.

Bybit, the worlds second-largest crypto exchange, recently suffered a $1.5 billion security breach, triggering 350,000 withdrawal requests. The attack exploited a vulnerability in Bybits home-grown Web3 security, specifically an upgradable contract in Gnosis Safe, turning a routine cold-to-warm wallet transfer into a malicious transaction.

Fintech and cryptocurrency companies are increasingly applying for state and national bank charters, aiming to expand under the more crypto-friendly Trump administration. Legal experts report a surge in applications as firms seek regulatory clarity and financial advantages.

Cathie Wood, CEO of ARK Investment Management, cautioned against investing in memecoins, predicting many will eventually become worthless. Speaking to Bloomberg Television, Wood highlighted the surge of meme-based cryptocurrencies within the $2.6 trillion crypto market, emphasizing that her firm avoids these highly speculative assets.

North Dakota is on the verge of introducing a licensing framework for crypto ATMs after its Senate passed House Bill 1447, a measure aimed at curbing fraud and ensuring consumer protection. The bill, first introduced on Jan. 15, mandates that crypto ATM operators obtain money transmitter licenses, display on-screen fraud warnings, use blockchain analytics tools to detect illicit transactions, and submit quarterly reports on kiosk locations and activity.

Microsoft has just issued an alert regarding new sophisticated malware specifically targeting crypto wallets. This malware, capable of bypassing security systems, threatens 20 of the most popular crypto wallets, including Coinbase and MetaMask.

In 2025, 83% of institutional investors plan to increase their allocation of funds to crypto holdings, according to a report by Coinbase and EY-Parthenon. The report, which was published on Mar.

As March nears its end, investors are looking for opportunities that could deliver massive gains in the coming months. Many are drawn to well-known cryptocurrencies like Dogecoin (DOGE), hoping for another rally. However, experts suggest that now may not be the best time to invest in DOGE.

Bitcoin dropped below $83,000 early Wednesday, while Ethereum, Solana, and XRP saw slight ups and downs. The Market Fear & Greed Index hit 23, showing traders are feeling cautious as the market stays uncertain.

Despite rising stablecoin supply, reserves in spot markets have dropped. Derivatives trading is now driving market liquidity.

MEXC is taking a new step in the crypto world with DEX+, a hybrid platform that merges the advantages of centralized exchanges (CEX) and decentralized exchanges (DEX). This innovative product promises a seamless trading experience, both on-chain and off-chain, marking a significant advancement in the evolution of hybrid platforms.

North Dakota House Bill 1447 mandates that virtual currency kiosk operators obtain money transmitter licenses, utilize blockchain analytics to detect fraud, and limit individual daily transactions to $2,000.

The North Dakota Senate has approved a bill regulating crypto ATMs, reinstating a $2,000 daily transaction cap per user that was previously removed by the state's House. House Bill 1447, which aims to introduce stricter oversight of crypto ATMs to protect residents from fraud, was passed by a 45-to-1 vote on March 18.

Crypto firm Bakkt's share price has closed March 18 trading down over 27% after it disclosed that two of it biggest clients, the Bank of America and Webull, won't renew commercial agreements. In a March 17 regulatory filing, Bakkt said it had received notice of Bank of America not renewing its commercial agreement when the deal expires on April 22.

Tech behemoth Microsoft alerted users about a newly discovered malware that threatens 20 of the most widely used cryptocurrency wallets. What Happened: In a Monday research report, Microsoft identified a remote access trojan named StilachiRAT that could evade detection, maintain its presence in the target environment, and extract sensitive data.

A filmmaker is facing charges after allegedly misusing money meant for a Netflix-backed project, according to a statement from the US Attorney's Office on March 18.

The crypto market is bleeding, but for smart money, this is the perfect time to buy. As the market bleeds, whales are taking full advantage of the downturn, accumulating assets with long-term potential.

Crypto.com's decision to mint $5B worth of CRO tokens has raised insolvency concerns, driven by a viral Reddit post and growing community scrutiny. The post Crypto.com's Controversial $5B Token Mint Sparks Insolvency Fears Among Community appeared first on Cryptonews.

The attacker reportedly lost 100 BTC in Haru Invest, which allegedly defrauded over $960 million from around 16,000 investors.

South Korea's CBDC pilot will involve seven major banks issuing deposit tokens, enabling 100,000 participants to make digital payments at top retailers like 7-Eleven, Hyundai Home Shopping, and Kyobo Bookstore.

According to a Coinbase and EY-Parthenon report, more than 80% of the interviewed institutional investors plan to boost their crypto allocations in 2025.

The crypto market is at a crucial point, with Bitcoin hovering around the $80K mark and institutional investors keeping a close eye on the next big move. While mainstream adoption is growing, inflation and Federal Reserve rate cut speculations continue to create uncertainty.

Crypto firms are rushing to secure bank charters under the pro-crypto Trump administration, eyeing smoother approvals. Reuters reports a surge in applications, with lawyers calling it a cautious but growing trend. The post Crypto Firms Seek to Register as State, National Bank Charter Under Trump Regime: Reuters appeared first on Cryptonews.

US federal authorities have arrested and indicted a filmmaker, accusing him of spending $11 million given by Netflix to gamble on stocks and crypto instead of using it to finance a science fiction TV show.The Department of Justice said in an indictment unsealed in a Manhattan federal court on March 18 that it had charged Carl Erik Rinsch with fraud and money laundering, and he could face upward of 20 years in prison. The DOJ alleged that Netflix, which wasn't named in the complaint, gave Rinsch $11 million in March 2020 to finance the storyboarding, pay actors and edit footage for the sci-fi TV show “White Horse” — later renamed “Conquest.

The North Dakota Senate has passed a bill that regulates crypto ATMs while re-adding a provision capping daily transactions at $2,000 per user that was originally dropped by the state's House.The state's Senate passed House Bill 1447 in a 45-to-1 vote on March 18. The bill was introduced to the state's legislative assembly on Jan. 15 and aims to protect residents from scams by introducing a slate of new guidelines for crypto ATMs and their operators.

Coinbase is positioning its latest product as a safer way to engage with DeFi for both retail and institutional clients.

ChatGPT and Google's Gemini have emerged as leading forces in the race for superior large language models. It's evident that these platforms have transformed the AI industry.

U.S. authorities have decided to drop charges against Nader Al-Naji, the founder of the decentralized social network BitClout, following legal battles concerning fraud and the sale of unregistered securities. As reported by Law360, court documents reveal that on February 28, U.S. Magistrate Judge Henry J.

DeSci V2 leverages blockchain to address research bottlenecks, democratizing scientific innovation and collaboration. Learn about its impact and future potential.

Cathie Wood, the founder of asset management firm Ark Invest, warned investors Tuesday that most meme coins won't have high worth in the future and "fearsome declines" could be expected. What happened: During an interview with Bloomberg Podcasts, Wood doubted the sustainability of several new meme coins that have sprung up recently.

Sberbank, Russia's largest bank, has launched a blockchain technology-powered token that tracks global cocoa prices. The post Russia's Sberbank Launches Blockchain-powered Cocoa Index Token on Moscow Exchange appeared first on Cryptonews.

Quite a few DeFi projects have been performing quietly in the recent times.

The $2.6 trillion crypto market is drowning in meme coins, and Cathie Wood says most of them will crash. The Ark Invest CEO said on Bloomberg Television that the flood of new tokens created by AI and blockchain technology is nothing but a hype cycle that will end with investors holding worthless coins.

Several U.S. lawmakers have warned that President Trump's crypto dealings and Elon Musk's unchecked power endanger financial stability, weaken oversight, and erode public trust in government accountability. US Lawmakers Sound the Alarm Over Trump's Crypto Ties and Musk's Expanding Power Four U.S.

The BNB Chain-based memecoin launch platform Four.Meme has resumed operations after being hit with a sandwich attack that exploited it for around $120,000. Four.Meme said in a March 18 X post that its launch function was back after inspecting and addressing a security issue.

Xapo Bank declared that its members can now access loans and lending backed by Bitcoin, enabling them to use their holdings as collateral.

The cryptocurrency market is monitoring the upcoming Federal Open Market Committee (FOMC) meeting, which is set to conclude on March 19, 2025. Investors are awaiting the Federal Reserve's stance on interest rates, as any adjustments could influence the crypto market.

Microsoft researchers have identified a new remote access trojan (RAT) named StilachiRAT, designed to steal cryptocurrency wallet data, credentials, and system information while maintaining persistent access to compromised devices, the company disclosed on March 17. The malware, first detected in November 2024, employs stealth techniques and anti-forensic measures to evade detection.

The investment aims to support Blockpit's expansion, particularly in Eastern Europe, and to enhance its services, including tools for proving the origin of funds. The post Raiffeisen Bank International Invests Millions in Austrian Crypto Tax Software appeared first on Cryptonews.

Coinbase Global Inc. (NASDAQ:COIN) on Tuesday launched Verified Pools, a new initiative designed to improve transparency and security in decentralized finance (DeFi) liquidity pools. The move comes amid growing scrutiny of risks associated with DeFi platforms, particularly regarding opaque liquidity sources and counterparty risks.

The South Korean crypto exchange Bithumb has overcome a key legal hurdle as it steps up its bid to become the first platform in the nation to launch an IPO. The post South Korea's Bithumb Clears Legal Hurdle, Steps up IPO Quest appeared first on Cryptonews.

Coinbase launches Verified Pools for a secure way to trade crypto onchain with verified liquidity providers.

Coinbase announced Verified Pools, a new service intended to attract institutional users. These liquidity pools will offer clients a secure way to take advantage of high efficiency and native on-chain infrastructure.

The exploit showed that human failings, not technical glitches, are the most important factors in such incidents, says INSEAD's Ben Charoenwong.

The cryptocurrency industry is reportedly targeting the U.S. Securities and Exchange Commission (SEC) in what insiders call an “Italian vendetta” for its overly aggressive regulations during the Biden administration.

Miles Jennings has been appointed as head of policy at a16z Crypto. He succeeds Brian Quintenz, who was nominated to head the U.S. Commodity Futures Trading Commission (CFTC).

Executive Director of the Presidential Working Group on Digital Assets Bo Hines has issued a timeline for stablecoin regulation in the US. Hines is predicting a two-month window for legislators to wrap up existing bills for final assent by the President.

With the advent of new tokens, the memecoin market has recently drawn interest from investors worldwide, but Cathie Wood, the Founder and CEO of ARK Invest, is not convinced. She warns that most will eventually lose value because these tokens rely on celebrity hype.