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news-imageMarch 6, 2025

U.S. Targets Iranian Darknet Operator Over $1.6 Million in Crypto Laundering

U.S. authorities have taken action against Behrouz Parsarad, the operator of the now-defunct Nemesis darknet marketplace, imposing sanctions on him and his associated cryptocurrency addresses.
Publisher: Coinspress
Sentiment: Negative
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cover-imageCryptopolitan
March 6, 2025

Safe Wallet releases update on $1.5b Bybit hack, lists new security enhancements

Safe, the multi-signature wallet platform at the heart of the $1.5 billion Bybit hack on Feb. 21, shared an update of the findings of its investigation into the hack in collaboration with cybersecurity firm Mandiant. It also detailed the lessons learned from the hack and actions needed to strengthen security throughout the crypto community.

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Positive
cover-imageCointelegraph
March 6, 2025

Crypto voters could swing New Jersey gubernatorial race

With roughly eight months until a November election, a Stand With Crypto poll suggested that the organization's New Jersey advocates could determine who will be the next governor.

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Positive
cover-imageBitcoin
March 6, 2025

Yield-Bearing Stablecoin Pools: The New Frontier of Passive Income in DeFi

Similar to the practice of staking digital assets, yield-generating stablecoins and pools have garnered significant traction as a sophisticated mechanism for accumulating cryptocurrency holdings and generating passive income through prolonged holding periods.

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Neutral
cover-imageCrypto news
March 6, 2025

SBF talks crypto from prison: ‘Changing the guard helps'

In a recent interview from prison with Tucker Carlson, Sam Bankman-Fried, the former CEO of the now-defunct cryptocurrency exchange FTX, shared his perspectives on the current state and future of the cryptocurrency industry.

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Positive
cover-imageInvezz
March 6, 2025

Senate Banking Chair moves to end debanking of crypto, ‘risky' industries

Senate Banking Committee Chair Tim Scott has introduced a bill aimed at preventing federal regulators from using reputational risk as a factor in bank supervision. The move comes in response to concerns from the crypto industry, which has accused government agencies of cutting them off from the financial system.

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Negative
cover-imageCNBC Television
March 6, 2025

Crypto comes under pressure

The Investment Committee debate the crypto market after JPMorgan is out with a note calling for more short-term downward pressure in the space.

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Negative
cover-imageCryptonews
March 6, 2025

Safe Wallet Reveals Bybit Hack Details, and Calls for Community Action

Safe Wallet has released new details on its forensic investigation into the recent Bybit hack, conducted in collaboration with Mandiant, a leading cybersecurity firm now part of Google Cloud. The post Safe Wallet Reveals Bybit Hack Details, and Calls for Community Action appeared first on Cryptonews.

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Positive
cover-imageCointribune
March 6, 2025

The Dollar's Decline: A Catalyst for a Crypto Boom!

The global economy operates in cycles where fiat currencies play a crucial role in market dynamics. Indeed, the weakening of the US dollar, often seen as an indicator of macroeconomic adjustment, seems this time to open a window of opportunity for cryptocurrencies.

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Positive
cover-imageCrypto Economy
March 6, 2025

CZ's YZi Labs Expands AI Focus with Strategic Tensorplex Investment

TL;DR YZi Labs invests in Tensorplex Labs to foster the development of applications and tools that integrate human capabilities into AI processes. Tensorplex Labs offers Tensorplex Dojo, a decentralized platform that facilitates collaboration between humans and AI agents, improving models and workflows.

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Negative
cover-imageCoindesk
March 6, 2025

3 Ways Bybit's $1.5 Billion Hack Will Impact the Staking Industry

The hack resulted in the loss of roughly 16,000 ETH in potential yearly staking rewards. The event could further encourage users to stake on decentralized platforms, says Bohdan Opryshko, Chief Operating Officer of Everstake.

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Neutral
cover-imageCryptopolitan
March 6, 2025

Does it matter if a new AI project is an L1 or an L2? Binance's CZ answers

On Thursday, Binance co-founder Changpeng Zhao (CZ) started a debate on social media platform X, discussing whether developers should build their AI-focused blockchain projects on their own Layer 1 (L1) networks or rely on existing Layer 2 (L2) solutions.

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Positive
cover-imageCryptonews
March 6, 2025

Kraken Prepares for Next Round of FTX Payouts, Including $50K Claims

Kraken will begin the next phase of FTX creditor repayments on May 30, addressing claims above $50,000 and marking significant progress in the $16 billion recovery process for affected users. The post Kraken Prepares for Next Round of FTX Payouts, Including $50K Claims appeared first on Cryptonews.

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Positive
cover-imageCryptoSlate
March 6, 2025

Japan proposes crypto tax cut to boost investor appeal

Japan's ruling Liberal Democratic Party (LDP) has proposed reducing the country's crypto tax rates, signaling a shift in regulatory approach. On March 6, Akihisa Shiozaki, a member of Japan's House of Representatives, shared details of the proposal on X, noting that it is open for public feedback until March 30.

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Positive
cover-imageCryptonews
March 6, 2025

Wolrdcoin Launches World Chat for Encrypted Messaging and Crypto Transfers

Worldcoin has launched World Chat, an encrypted messaging feature within World App that enables users to communicate and send crypto. Integrated with World ID verification, the feature distinguishes verified users and supports in-app transactions. A developer incubator program is also fostering Mini App innovation. The post Wolrdcoin Launches World Chat for Encrypted Messaging and Crypto Transfers appeared first on Cryptonews.

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Negative
cover-imageCoingape
March 6, 2025

Safe Confirms Full Infrastructure Reset After February Bybit Hack

Safe has confirmed a full infrastructure reset following the cyberattack on February 21, 2025, which compromised Bybit's systems. The attack, attributed to the TraderTraitor group linked to North Korea, has sparked serious concerns regarding the vulnerability of both centralized and decentralized crypto platforms.

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Negative
cover-imageCryptonews
March 6, 2025

Hong Kong Government Exposes Sophisticated Scam Promoting Fake Cryptocurrency

The Hong Kong government is cautioning residents to beware of a scam promoting a fake "National Hong Kong Coin," emphasizing the importance of staying alert to false claims and investment scams. The post Hong Kong Government Exposes Sophisticated Scam Promoting Fake Cryptocurrency appeared first on Cryptonews.

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Negative
cover-imageCryptoSlate
March 6, 2025

Russia dismisses crypto for national reserves, citing volatility concerns

Russia's Deputy Finance Minister Vladimir Kolychev has dismissed speculation about including cryptocurrencies in the country's National Wealth Fund (NWF). Earlier in the week, local media outlet Interfax reported that Kolychev clarified that the Ministry of Finance has no plans to alter the NWF's investment structure to accommodate crypto due to their high volatility.

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