The Office of the President has put out a statement to remove a last minute rule by the Biden administration that expanded the definition of brokers to include defi platforms.
The cryptocurrency trading firm is considering opening new offices in both New York and Singapore.
The Australian government has revealed that it is not considering a strategic crypto reserve amid President Donald Trump announcing the establishment of a crypto reserve in the U.S. The state refused to follow Trump's lead for a crypto reserve even after the President plans to stockpile five different digital assets.
On Sunday and Monday, the cryptocurrency market experienced a veritable upsurge as Bitcoin (BTC) rallied above $90,000, and the total digital assets market capitalization soared back above $3.1 trillion.
Trump's crypto czar David Sacks said Tuesday that the administration “strongly supports” passage of the resolution.
Circle CEO, Chairman and co-founder Jeremy Allaire manages the USD Coin, which has seen 100% growth in 12 months with trillions of dollars in transactions.
The world's largest cryptocurrency exchange by trading volume will discontinue its P2P Cash Zone, a peer-to-peer service allowing users to buy and sell crypto for cash with registered merchants, on March 31, 2025.
A post-inauguration cooldown wasn't unexpected, one analyst told Cointelegraph, but if Trump's promises stall, “market sentiment will dampen further.”
US lawmakers are preparing a Congressional Review Act (CRA) that will challenge the Internal Revenue Service's (IRS) broker rules, which require DeFi participants to report user data to the agency. Fox Business reporter Eleanor Terrett revealed on March 4 that Republican Senator Ted Cruz is leading efforts to introduce the CRA.
The Securities and Exchange Commission (SEC) has recently intensified its efforts to clarify the regulation of crypto assets. On March 3, 2025, the SEC announced that its Crypto Task Force would hold a series of roundtables entitled "Spring Sprint Toward Crypto Clarity" to discuss key issues related to the regulation of cryptocurrencies.
Jsquare launches a new fund to fuel Web3 growth, bridging East and West while backing startups in high-potential blockchain sectors.
All of this comes as data from Nansen flagged that the hackers have "officially emptied their wallet," going from $1.4 billion to $1,429 in 10 days.
Over the weekend, President Donald Trump pulled what Peter Schiff is calling “the biggest crypto rug pull of all time.” Schiff, who is a longtime gold lover and crypto hater, took to X (formerly Twitter) on Tuesday to accuse Trump of orchestrating a pump-and-dump scheme with his announcement of a US strategic crypto reserve.
Memhash has become the first project to incorporate the new TONAPI Airdrop feature, developed by the Tonkeeper team.
BankPozitif, a leading digital bank in Turkey, has partnered with Swiss digital asset infrastructure provider Taurus to offer institutional-grade cryptocurrency custody services.
MegaETH, an Ethereum layer two (L2) scaling solution backed by Vitalik Buterin and Dragonfly Capital, will deploy its testnet this week, offering developers and users a first look at its high-speed blockchain infrastructure.
Treasury Secretary Scott Bessent Tuesday morning said the Trump administration is committed to lowering interest rates.
One crypto whale made $6.8M off a big bet over the weekend.
On February 21, 2025, the North Korean hacking group Lazarus managed to steal approximately $1.5B worth of Ethereum. Despite the initial whiplash effect, the $1.5B Bybit hack could paradoxically boost the best meme coins in 2025 and beyond.
The major investment bank BankPozitif will expand its capabilities into digital assets services via Taurus-PROTECT and Taurus-EXPLORER products. The post $7 Billion Turkish BankPozitif Partners with Taurus for Crypto Custody to Meet Surging Demand appeared first on Cryptonews.
Crypto market drops 10% despite Trump's crypto reserve announcement. Bitcoin falls from $93K to $83K, while Cardano and Solana see over 15% declines.
MegaETH is scheduled to launch its testnet this week on March 6. The layer2 project claims itself the first real time blockchain with high-speed L2 scaling solution.
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The probe, which began in late 2022, aimed to determine whether certain NFTs should be classified as securities under U.S. law. On March 3, the company shared the news in an X post, stating, “After 3+ years, the SEC has officially closed its investigation into Yuga Labs.
TL;DR Onyx launches Goliath, a Layer-1 blockchain designed for financial institutions, with a capacity of up to 24,000 transactions per second and based on a Proof-of-Stake (PoS) consensus model, making it more efficient and sustainable. Interoperability with traditional networks, allowing integration with existing banking infrastructures and improving blockchain adoption in the financial sector.
Crypto analyst Nicholas Merten aka Datadash recently shared strong concerns about the Trump administration's proposed “Strategic Crypto Reserve,” which includes cryptocurrencies like Bitcoin, Ethereum, XRP, Solana, and Cardano. Merten questioned the inclusion of these altcoins, arguing that they don't yet have enough real-world adoption or use cases to be considered vital for national security.
Palo Alto, USA, 4th March 2025, Chainwire
Sparq Leverages AAA Sports IP, Cutting-Edge AI, Game Rewards, and the Blockchain to Revolutionize How Mobile Games Are Created and Marketed
The Bybit funds have been swapped, but 77% are still traceable, noted the exchange's CEO Ben Zhou. The hack caused unprecedented partnership with other markets and protocols to intercept funds where possible.
As the United States explores a strategic crypto reserve, Israel is pushing ahead with its central bank digital currency (CBDC) plans. In a recent development, Israel released an initial design proposal for its official digital shekel (DS).
David Bailey, a former aide of the Trump campaign, called for an audit of the U.S. bitcoin, stressing the current state of the digital assets owned by the U.S. was unacceptable. He remarked few or nobody was able to ascertain the state of the 200,000 BTC allegedly in possession of government agencies.
Vietnam is preparing to introduce a legal framework for digital assets, with plans to finalize regulations by the end of March 2025.
TL;DR Lazarus Group successfully laundered 499,000 ETH stolen from Bybit, valued at $1.39 billion, in just 10 days, causing Ethereum's price to drop by 23%. THORChain processed over $5.9 billion in transactions for the hackers, collecting $5.5 million in fees, making this the largest crypto laundering case in history.
Bybit has requested a refund from ParaSwap DAO for swap fees paid by a hacker, sparking a governance debate over ethical responsibility.
Decentralized social media platform Farcaster's co-founder Dan Romero does not see the US government buying any more crypto tokens to add to its upcoming crypto reserve. Romero predicts that the strategic federal crypto holdings will only contain assets that were seized by US financial authorities from fines and illicit activities.
Beijing Internet Court ruled in favor of TRON founder Justin Sun in a prolonged defamation case against Beijing SINA Internet Information Service Co. Ltd, operator of finance.sina.com. The Dec. 31, 2024 verdict, which Sina declined to appeal by the Feb.
Yuga Labs has announced a significant legal win, revealing that the U.S. Securities and Exchange Commission (SEC) has officially wrapped up its years-long investigation into the company.
Turkish banks have been increasingly moving into crypto by offering investment in diverse crypto assets to their clients, with BankPozitif as the latest bank.
Turkey's economic woes have buoyed crypto adoption in recent years as users have turned to cryptocurrency as a lifeline against double-digit inflation
Illinois Democratic Senator Dick Durbin has announced a new bill that aims to prevent fraud associated with crypto ATMs. Americans suffered $66 million worth of losses to crypto ATM scams in the first half of 2024, according to the Federal Trade Commission (FTC).
In the midst of escalating trade tensions and economic uncertainties, investors are exploring alternative avenues to safeguard their assets. One such avenue gaining attention is cryptocurrency presales.
Meme-themed cryptos are an intriguing part of the trading industry, and their value is based on internet memes and investor demand. In the last few years, meme coin cryptocurrency status has turned from volatile and low-value digital assets to profitable opportunities due to their explosive rallies.
The financial world is at a turning point, and the Web3 Banking Symposium 2025 is poised to lead the conversation. Organized by the Crypto Valley Association (CVA) together with the City of Lugano, this exclusive one-day event will take place in Lugano, Switzerland, focusing on the transformative intersection of traditional banking and Web3 technologies.
In the midst of escalating trade tensions and economic uncertainties, investors are exploring alternative avenues to safeguard their assets. One such avenue gaining attention is cryptocurrency presales.
According to on-chain data, hackers successfully laundered 499,000 ETH (worth $1.4 billion) stolen from Bybit, marking one of the largest crypto heists in history. The laundering process began on February 21 and lasted 10 days.
The SEC will host a roundtable on March 21 to discuss crypto regulation and the future of digital assets. The agency has closed major lawsuits against the crypto exchanges, including the most recent Kraken case, and Coinbase.
The SEC has agreed to dismiss the lawsuit against Kraken, marking a shift in regulatory attitudes. Kraken's victory signals a potential end to aggressive legal actions against crypto firms.