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news-imageFebruary 28, 2025

DraftKings Agrees to Settle NFT Class Action Suit for $10M

DraftKings has agreed to settle a class action lawsuit which alleged it violated Federal Securities Law when it sold NFTs on its marketplace, according to a Federal court filing
Publisher: Decrypt
Sentiment: Negative
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cover-imageCryptopolitan
February 28, 2025

Trump Media files trademark for a TRUMP metaverse and NFT marketplace

DTTM Operations, the company managing President Donald Trump's intellectual property rights, has submitted a trademark application to the US Patent and Trademark Office (USPTO) today. The filing has already been accepted and is awaiting an examiner.

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Negative
cover-imageCryptonews
February 28, 2025

Montana Man Randall Rule Convicted in $2.5M Crypto Laundering Scam

Montana's Randall Rule has been convicted of laundering $2.5M in illicit funds through crypto fraud schemes, including romance scams. The case underscores legal challenges in tracking crypto-related financial crimes. The post Montana Man Randall Rule Convicted in $2.5M Crypto Laundering Scam appeared first on Cryptonews.

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Positive
cover-imageCoingape
February 28, 2025

US SEC Hester Peirce Breaks Silence On Coinbase Lawsuit Dismissal

US SEC Commissioner Hester Peirce has spoken out following the dismissal of the civil enforcement action against Coinbase. The case, which accused the cryptocurrency exchange of failing to register as a securities platform, was dropped with prejudice on February 27.

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Negative
cover-imageBenzinga
February 28, 2025

Tariffs Shock Hit Stocks, Cryptos, While Nvidia Fails To Come To The Rescue: This Week In Markets

Risk assets tumbled as a wave of bearish sentiment gripped markets, with escalating trade tensions, disappointing earnings and signs of economic fragility weighing on investor confidence. President Donald Trump confirmed a 25% tariff on imports from Mexico and Canada, effective March 4, while also targeting European Union's goods including automobiles and imposing an additional 10% tariff on Chinese imports.

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Positive
cover-imagePYMNTS
February 28, 2025

SEC Division Says Most Meme Coins Are Collectibles, Not Securities

The Securities and Exchange Commission's (SEC) Division of Corporation Finance said Friday (Feb. 28) that most meme coins are not securities. Most meme coins are more like collectibles and are often said to be for entertainment and other non-functional purposes, the Division said in a staff statement.

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Negative
cover-imageZycrypto
February 28, 2025

OKX Exchange Fined $500 Million for Having American Clients

The cryptocurrency exchange OKX pleaded guilty on Monday in New York to violating American anti-money laundering laws. The fine, which combined fines and forfeited fees, was around $500 million.

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Neutral
cover-imageCryptoSlate
February 28, 2025

Ukraine eyes up at 10% tax on crypto as legalization gains steam

Ukraine is advancing efforts to legalize crypto, with lawmakers expected to vote on a long-awaited bill in the coming months, local media reported on Feb. 28. However, uncertainty remains over how digital assets will be taxed, a key issue that could impact the country's growing crypto sector.

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Positive
cover-imageBenzinga
February 28, 2025

Stablecoins Are Future Of Commerce, Says Base's Tom Vieira

Stablecoins are the future of commerce, according to Tom Vieira, Head of Product for Base, Coinbase's (NASDAQ:COIN) Ethereum (CRYPTO: ETH) Layer-2 network. He highlighted on Friday their role in driving a global on-chain economy.

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Positive
cover-imageCryptopolitan
February 28, 2025

Congressman French Hill to take Binance's Tigran Gambaryan as guest to the State of the Union

Fox Business reporter has revealed that Congressman French Hill will be taking Binance executive Tigran Gambaryan as his guest to the State of the Union on March 4. Hill campaigned to get the exchange's executive released from a Nigerian prison where he spent eight months on wrongful charges of tax evasion and money laundering.

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Neutral
cover-imageCNBC Television
February 28, 2025

What the SEC's new crypto strategy means for the industry: CNBC Crypto World

On today's episode of CNBC Crypto World, bitcoin dips under $80,000 before recovering back to the $84k level following a week of volatility. Also, the SEC provides guidance on meme coins, saying most are not securities and don't fall under the regulator's scope.

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Negative
cover-imageCryptopolitan
February 28, 2025

Crypto losses to hacks & scams hit $1.6B in 2025, up 8x YoY: Immunefi

The crypto sector has recorded a surge in security incidents throughout the first half of 2025, with overall losses estimated at $1.6 billion, as shown in the latest report by blockchain security company Immunefi. The uptick is an 8-fold rise from the same time frame in 2024, during which losses totaled around $200 million.

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Negative
cover-imageCryptonews
February 28, 2025

Ukraine Considers 5-10% Tax on Crypto Income to Fund Budget

According to a recent report, Ukrainian officials are drafting legislation to legalize and tax cryptocurrencies, proposing a 5-10% tax rate on crypto earnings to support the state budget and military. As discussions on the exact tax rates continue, officials stress the importance of taxing all sources of income, including cryptocurrency earnings. The post Ukraine Considers 5-10% Tax on Crypto Income to Fund Budget appeared first on Cryptonews.

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Positive
cover-imageThe Daily Hodl
February 28, 2025

SEC Closes Investigation Into Crypto Exchange Gemini Without Recommending Enforcement Action: Cameron Winklevoss

Gemini co-founder Cameron Winklevoss says that federal securities regulators have ended their probe into the US-based crypto exchange. According to Winklevoss, the U.S. Securities and Exchange Commission (SEC) has informed Gemini lawyer Jack Baughman that it has concluded its investigation and will not pursue an enforcement action against the platform.

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Negative
cover-imageCoinpaper
February 28, 2025

How North Korea's Lazarus Group is Laundering Bybit Money

Lazarus, a hacker group allegedly linked to North Korea, is behind the hack of the Bybit cryptocurrency exchange. The hack led to serious consequences for the exchange itself and the industry as a whole

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Negative
cover-imageCoinPedia
February 28, 2025

Crypto Market Prediction for March 2025: Will Crypto Prices Rebound or Crash Further?

Following a period of notable gains, the crypto market experienced a significant decline, creating uncertainty in February. The market crash, which saw investors lose billions, left many reeling, particularly after the sharp crash in the last week, referred to by some analysts as the ‘Trump-dump.

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Positive
cover-imageCoincu
February 28, 2025

TRUMP Trademark: Expanding into the Metaverse with NFTs

The Trump Organization has officially filed for a TRUMP trademark with the U.S. Patent and Trademark Office (USPTO), signaling plans to develop a metaverse ecosystem. The application was submitted under an “intent to use” basis, meaning it is being reserved for future commercial deployment.

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Positive
cover-imageThe Block
February 28, 2025

Foundations of Digital Assets Market Making: An In-Depth Introduction

This report, the first in a series dedicated to exploring the complexities of market making in the digital assets space, aims to demystify this fundamental function by providing clarity on market making's role, strategies, as well as its broader implications for the digital assets ecosystem. Subsequent reports in this series will delve deeper into analysis that explores the critical role of liquidity in the digital assets market and provides guidance for others in assessing the quality of market making partnerships.

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Negative
cover-imageCryptonews
February 28, 2025

Meme Coins and Non-KYC Exchanges Played A Large Role in Bybit Hack

The Bybit hack, reportedly executed by the Lazarus Group, exploited wallet vulnerabilities and leveraged meme coins and non-KYC exchanges to launder stolen funds. The incident has renewed calls for stricter security measures and regulatory oversight to curb illicit financial activities in the crypto space. The post Meme Coins and Non-KYC Exchanges Played A Large Role in Bybit Hack appeared first on Cryptonews.

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Positive
cover-imageCrypto Briefing
February 28, 2025

Trump moves into metaverse and NFT market with new trademark filing

Trump's metaverse and NFT venture could reshape digital commerce, influence crypto policy, and redefine political engagement in virtual spaces. The post Trump moves into metaverse and NFT market with new trademark filing appeared first on Crypto Briefing.

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