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news-imageFebruary 25, 2025

EU sanctions Russian crypto exchange Garantex over Ukraine conflict ties

The European Union has taken action against Garantex, a Russia-based crypto exchange, as part of its 16th sanctions package targeting entities linked to the Ukraine conflict. In a statement released on Feb. 24, the EU identified Garantex as a key player in facilitating Russia's efforts to bypass financial restrictions.
Publisher: CryptoSlate
Sentiment: Negative
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Negative
cover-imageCoinPedia
February 25, 2025

Why Crypto Is Crashing Today?

The crypto market today has suffered a major setback today, with the global market cap plummeting by 4.90% to $2.99 trillion. A sharp spike in trading volume, which surged 75.57% to $143.57 billion, reflects heightened panic selling across the market.

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Positive
cover-imageBitcoinist
February 25, 2025

US SEC Closes Robinhood Crypto Investigation With No Enforcement Action

The Securities and Exchange Commission (SEC) closed its investigation into Robinhood Crypto (RHC) without pursuing enforcement actions. This move comes amid the Commission's efforts to move away from its previous “regulation by enforcement” approach under the new industry-friendly administration.

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Negative
cover-imageCoinPedia
February 25, 2025

OKX Pleads Guilty to U.S. Violations – Faces $500M Settlement

OKX Plead Guilty! OKX, one of the largest cryptocurrency exchanges, has settled with the U.S. Department of Justice (DOJ) over legal violations. The exchange admitted to failing to obtain the required license to operate in the U.S. and agreed to pay over $500 million in penalties and forfeitures.

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Negative
cover-imageTokenpost
February 25, 2025

Infini Hack: $49.5M Stolen, Neobank Offers Hacker 20% to Return Funds

Infini, a Hong Kong-based neobank offering interest on stablecoin deposits, suffered a devastating exploit, losing $49.5 million. Blockchain security firm PeckShield reported the incident just days after Infini announced hitting $50 million in total value locked.

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Negative
cover-imageTokenpost
February 25, 2025

Infini Stablecoin Faces $50M Exploit Amid Growing Crypto Security Concerns

Infini, a stablecoin payment firm, suffered a $50 million security breach allegedly executed by a former contract developer who secretly retained admin privileges. Cybersecurity firm Cyvers reported that the attacker used a wallet funded with 1 ETH via Tornado Cash to carry out the exploit.

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Negative
cover-imageCrypto news
February 25, 2025

OKX reaches $505M non-compliance settlement with DOJ after guilty plea

Global crypto exchange OKX has agreed to pay $505 million in penalties after pleading guilty to operating an unlicensed money-transmitting business in violation of U.S. Anti-Money Laundering laws. The settlement follows an investigation by the U.S.

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Negative
cover-imageCryptonews
February 25, 2025

Russian Energy Ministry: Siberian Crypto Mining Ban is Easing Pressure on Grids

The Russian Energy Ministry has claimed that a recent ban on crypto mining in many parts of Siberia is helping to ease pressure on the region's electricity grids, despite recent reports to the contrary. The post Russian Energy Ministry: Siberian Crypto Mining Ban is Easing Pressure on Grids appeared first on Cryptonews.

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Negative
cover-imageBitcoinist
February 25, 2025

Crypto Funds See Massive $508M Outflow—Are Investors Getting Cold Feet?

Crypto asset investment products experienced significant outflows last week, according to the latest fund flows report from CoinShares. The report revealed that outflows totaled $508 million, bringing the cumulative two-week outflows to $924 million.

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Neutral
cover-imageCryptopolitan
February 25, 2025

Strategy's Michael Saylor met with the SEC Crypto Task Force on Friday

Microstrategy founder and chairman Michael Saylor sat down with the SEC's brand-new Crypto Task Force in Washington on Friday, February 21, and had a meeting focused entirely on figuring out exactly how digital assets like Bitcoin, tokens, NFTs, and stablecoins should be regulated across the United States.

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Neutral
cover-imageBitcoin
February 25, 2025

SEC and Michael Saylor Discuss Crypto Framework That Could Redefine Regulation

The SEC's Crypto Task Force met with Michael Saylor to discuss a groundbreaking regulatory framework that could legitimize digital assets, fuel market growth, and secure U.S. dominance. Michael Saylor Pushes SEC for a Crypto Framework That Could Change Everything The U.S.

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Positive
cover-imageCryptonews
February 24, 2025

Ken Griffin's Citadel Securities Eyes Crypto Market-Making on Coinbase and Binance

Citadel Securities is entering crypto market-making, targeting exchanges like Coinbase and Binance, as regulatory shifts under the Trump administration signal a more favorable environment for institutional participation. The post Ken Griffin's Citadel Securities Eyes Crypto Market-Making on Coinbase and Binance appeared first on Cryptonews.

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Positive
cover-imageBitcoin
February 24, 2025

SEC Drops Robinhood Crypto Investigation

The regulator initiated 125 cryptocurrency-related enforcement actions totaling more than $6 billion in penalties under former Chairman Gary Gensler. U.S. Regulator Abandons Robinhood Crypto Probe Robinhood Crypto (RHC), a division of financial services firm Robinhood, announced on Monday that the U.S.

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Negative
cover-imageCryptonews
February 24, 2025

South Korean Customs Officials: ‘Smugglers' Paid Crypto to Import Drugs

South Korean customs officials in the port city of Busan say they have arrested two people they claim took crypto from a Telegram-based “drug lord” in exchange for smuggling narcotics. The post South Korean Customs Officials: ‘Smugglers' Paid Crypto to Import Drugs appeared first on Cryptonews.

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Positive
cover-imageThe Daily Hodl
February 24, 2025

SEC Shuts Down Robinhood Investigation Without Pursuing Enforcement Action

The top securities regulator in the United States is dropping its investigations into leading retail trading app Robinhood. According to a new announcement from Robinhood, the U.S. Securities and Exchange Commission (SEC) is dropping its investigation into the trading app less than a year after sending the firm a Wells Notice.

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