The UK government has introduced the Crime and Policing Bill, aimed at enhancing the country's ability to recover proceeds from cryptocurrency-related crime.

Lawmakers voted to support a resolution to overturn a controversial tax rule and will head to the full House of Representatives for a vote.

Metro Singapore has announced an innovative partnership with Dtcpay, a leading digital payment solutions provider, to introduce stablecoin payments across its stores. This strategic collaboration enables customers to make seamless transactions using popular digital currencies such as USDT (Tether) and USDC. The post Singapore's Department Store Metro to Support Stablecoin Payments appeared first on Cryptonews.

Bank of America CEO Brian Moynihan stated that the bank is ready to launch a stablecoin, pending U.S. regulatory approval.

Washington's battle over cryptocurrency regulation could set up a potential clash between pro-crypto Democratic lawmakers and Senator Elizabeth Warren, a longtime fault-finder of the digital assets industry. The divide comes just months into Warren's tenure as the liberal leader on the Senate Banking Committee, placing her at odds with some members of her party.

Bybit stated its infrastructure was unaffected in the $1.4 billion security incident involving compromised developer machine credentials at Safe Wallet, which enabled unauthorized transactions.

A joint resolution in Congress seeks to reverse a December move by the IRS to impose a tax regime in DeFi, and the House has taken the first steps to do that.

Pump.fun wrested custody of its X account from exploiters following a short breach by unknown bad actors.

An independent audit report confirmed that North Korea's Lazarus infiltrated Safe's infrastructure to rob Bybit's Ethereum wallet.

FTX's bankruptcy costs are approaching $1 billion, making it one of the most expensive Chapter 11 cases in U.S. history.

Bank of America's CEO Brian Moynihan says the company is considering launching its own stablecoin. The firm anticipates comprehensive new stablecoin regulation in the US, which would give it a great opportunity.

Tyler Williams previously served several roles in the U.S. government.

TL;DR The forensic investigation into the Bybit hack revealed that a SafeWallet developer was attacked, which allowed Lazarus Group to steal over $1.4 billion in ETH. Changpeng Zhao (CZ), former CEO of Binance, criticized the lack of clarity in SafeWallet's response, pointing out the vagueness in the details of the attack.

The Bybit hack involved malicious injected into Safe Wallet, allowing attackers to divert funds from the exchange's cold wallet to an external address.

Andreessen Horowitz has appointed former Congressman Patrick McHenry as a senior advisor for technology policy, leveraging his extensive experience in cryptocurrency regulation and financial innovation.

DekaBank, a German investment bank with $395 billion in assets under management, is reportedly rolling out crypto trading services for certain clients. According to a new report by Bloomberg, DekaBank is now providing the purchase, sale, custody and management of cryptocurrencies for its institutional customers.

BoA's CEO said that pursuing innovative financial technology and maintaining physical branches are central to the bank's business strategy.

Binance has alerted users to the rising threat of SMS phishing attacks where scammers manipulate sender information to appear legitimate, emphasizing the exchange never contacts users through SMS channels.

Pump.fun, a Solana-based meme coin platform, experienced a suspected compromise of its official X account, @pumpdotfun, after user reports of scam token promotions linked to the breach emerged. Pump.fun Faces X Account Hack On Feb.

“Avoiding this particularly high risk activity is quite simple: Don't engage in face-to-face trades," developer Jameson Lopp told Decrypt.

The United States and Exchange Commission has dropped its probe into Robinhood Crypto, the cryptocurrency unit of the popular financial services company, less than a year after issuing the company with a Wells notice notifying it of imminent enforcement action.

The crypto market crash has taken its toll on Bitcoin and other major altcoins, with a general market cap decrease of over $0.3T. So, what comes next?

Brian Moynihan said this week that a "Bank of America Coin" will launch if the United States passes stablecoin legislation.

The United States Congress said that it would push to pass legislation on stablecoins in the first 100 days of the Trump administration.

Bank of America Corp. (NYSE:BAC) CEO Brian Moynihan has signaled the financial services industry's imminent entry into the crypto economy, highlighting the potential for stablecoins to become a significant part of the banking landscape. What Happened: In an interview with David Rubenstein at the Economic Club of Washington, D.C.

The fact that the Trump administration has installed many crypto-friendly people in positions of power doesn't mean that the industry will now get a free pass.

The Crime and Policing Bill has measures on how to value crypto and retrieve it from criminals.

In light of the recent drop in the crypto market, Richard Teng, CEO of Binance, shows measured optimism. In an analysis published on February 25, he describes this decline as a mere "tactical retreat" rather than a fundamental shift in trend, reminding of the historical resilience of the sector.

SimpleHash marks crypto wallet Phantom's third acquisition in recent months, following Blowfish and Bitski.

Lazarus appears to have compromised a Safe developer machine, allowing it to inject a highly-targeted script used to control Bybit's wallet.

Peru has emerged as a major player in the Latin American bitcoin sector. According to Lemon's most recent research, “Estado de la Industria Crypto 2024,” (State of the Crypto Industry 2024) the country ranks seventh in terms of cryptocurrency value received. The report shows that the country ranks third in annual growth within the area.

Cryptocurrency wallet MetaMask has announced the expansion of its fiat off-ramp services to support additional blockchain networks. The move aims to enhance the conversion of digital assets into traditional currency.

Institutional investors are increasingly allocating to crypto, but the key question is whether to focus solely on bitcoin or diversify across multiple cryptocurrencies to optimize risk-adjusted returns and portfolio resilience.

Pump.fun's X (formerly Twitter) account suffered a hack this morning, promoting a fake governance token. One wallet was able to gain over $135,000 in one minute by manipulating its price jump.

Robinhood Markets Inc (NASDAQ:HOOD) CEO Vlad Tenev is optimistic about the company's future and the broader cryptocurrency landscape, highlighting the firm's strong performance and the changing regulatory environment under the Trump administration. What Happened: In a Bloomberg TV interview on Tuesday, Tenev emphasized Robinhood's recent success, noting the company's first billion-dollar revenue quarter and record net income profits.

Pump.fun's compromised X account promoted one false governance token and two other scam tokens about the hack itself, including "HACKED" and "hackeddotfun."

Bybit's forensic report reveals that a $1.5 billion hack was facilitated by a vulnerability in Safe{Wallet}'s infrastructure, involving malicious JavaScript code that compromised its Ethereum multisignature cold wallet. The post Bybit Releases Forensic Report Linking $1.5B Hack to Safe Wallet Compromise appeared first on Cryptonews.

The CEOs comments come as top issuers of stablecoins Tether and Circle square off publicly.

The incident highlights the ongoing vulnerability of social media accounts to hacking, posing significant risks to digital asset security and trust. The post Pump.fun's X account hacked to promote fake governance token $PUMP appeared first on Crypto Briefing.

MetaMask, one of the most used crypto wallets in the world, is revolutionizing the accessibility of cryptocurrencies through a significant expansion of its fiat functionalities. Thanks to the collaboration with Transak, a specialized payment provider, the wallet now supports off-ramping on 10 new blockchains, simplifying the conversion of digital assets into traditional currencies.

Bybit and the (Safe)Wallet developer confirmed that North Korea's Lazarus Group was behind the attack.

Bybit and the SafeWallet developer confirmed that North Korea's Lazarus Group was behind the attack.

The FTX bankruptcy case has reportedly cost up to $1 billion in fees so far, making the case one of the most expensive bankruptcy cases in America. This comes amid the exchange's recent move to start repaying customers.

MetaMask has expanded its fiat off-ramp feature to more than 10 blockchains, with support enabled via its partnership with payments firm Transak.

Police in Jeju, South Korea, are investigating the murder of a Chinese national believed to have been killed during a cryptocurrency transaction.

Following a two-day search of over 60 locations in India's major cities, the police seized $2.75 million worth of crypto in connection to the GainBitcoin scam. The post India Seizes $2.75M in Crypto, Launches Nationwide Raids in $760M GainBitcoin Investigation appeared first on Cryptonews.

Richard Teng, CEO of Binance, recently stated that the current decline in the crypto market represents a “tactical retreat” rather than a trend reversal. The sector, according to Teng, has already demonstrated in the past the ability to recover after significant geopolitical events, and this phase is no exception.

South Africa's decentralized finance market is expected to hit $180M by 2028, with payments and lending leading adoption. Regulators assess oversight options to balance financial inclusion with security risks. The post South African DeFi Market Projected to Reach $180 Million by 2028: Report appeared first on Cryptonews.