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.
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.
Bybit and the (Safe)Wallet 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.
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.
Bank of America could launch a U.S. dollar-pegged stablecoin if federal lawmakers pass legislation creating a regulatory framework for such digital assets, CEO Brian Moynihan stated in a Feb. 26, 2025, interview with Fortune magazine.
Dune, the leading platform for blockchain data, today announced it now supports 100 blockchains, a milestone underscoring its position as the most comprehensive multi-chain data solution in crypto. The achievement follows the recent integration of Shape, a modular blockchain network, with four additional chains—Fuel, Lens, Somnia, and opBNB—scheduled to launch on Dune in the coming weeks.
The SEC won't be giving up on enforcing crypto regulations, but what it focuses on will be different, writes a former head of the SEC's crypto unit.
Singapore's Metro department store has partnered with DTCPAY to roll out stablecoin payments. Metro accepts stablecoins such as USDT, USDC, WUSD, and FDUSD.
Bank of America (BoA) has thrown its hat in the ring to become a stablecoin issuer but the company is holding its reins till certain conditions are met. The financial institution wants the govenment to formally approve stablecoins as a legal asset before it wades in.
Major cryptocurrency exchange Binance has announced the delisting of two spot trading pairs. The move follows a periodic assessment of all listed pairs on the cryptocurrency exchange.
Pump.fun's X account was compromised on Feb. 26 to promote fake tokens, according to the platform's team.
Pump.fun's X account was compromised on Feb. 26 to promote fake tokens, according to the platform's team.
McHenry announced his new role in a Wednesday X post, writing that he was “eager to help innovators navigate the policy landscape so they can build.”
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The official X account of Solana-based memecoin factory Pump.Fun has been compromised, according to some social media reports.
Fresh off the press! This week's latest Web3 job openings are here!
ARK Invest has stacked new Coinbase shares as it dropped its Bitcoin ETF assets in the latest portfolio rebalancing effort.
Bitwise Asset Management, a cryptocurrency asset management firm, announced a $70 million funding round on Feb. 25, 2025, backed by investors including Electric Capital, Haun Ventures, Parafi Capital, and Massmutual and Haun Ventures, to expand its team and develop new crypto-focused products.
A seminar was held in Beijing last week that brought together some of China's best legal and academic minds.
The GitVenom campaign targets developers—and once downloaded, can be used to deceive victims into transferring crypto.
Jeremy Allaire, co-founder of Circle, which issues USD Coin (USDC), believes that all stablecoin providers should be required to register with U.S. authorities, regardless of their location.
Citadel Securities provides liquidity for major financial institutions. Crucially, though, Citadel doesn't deal with crypto.
After a 200-year hiatus, a modern privateer program would protect American entrepreneurs, enhance national security interests and play an essential role in reasserting American leadership in technology and innovation.