Chainflip locks out Bybit hacker with protocol upgrade
Chainflip’s unplanned upgrade strengthens broker-level screening, preventing Bybit hackers from laundering stolen funds through its protocol.
Posts published by Cointelegraph.com News 132/824
Do nation-state Bitcoin reserves align with the original mission of BTC?
Bitcoin’s growing popularity as a state reserve asset does not contradict its original mission, though Satoshi Nakamoto unlikely had such an intention.
Bitcoin tumbles under $90K amid ETF sell-off, mounting liquidations
Bitcoin fell below $90,000 for the first time since November 2024 as ETF outflows continued, crypto liquidations surpassed $1.3 billion and US-China trade tensions weighed on investor sentiment.
Chainalysis reveals how Bybit hackers stole $1.4 billion in crypto
Chainalysis said collaborative security efforts across the crypto community have led to freezing $40 million of stolen funds from the Bybit hack.
Bybit repays Bitget’s 40,000 ETH loan after $1.4B hack
Bybit swiftly repaid a 40,000 ETH loan from Bitget, ensuring smooth withdrawals after a $1.4 billion hack attributed to the Lazarus Group.
South Korea sanctions Upbit with a 3-month ban on servicing new clients
Upbit emphasized that the FIU’s sanctions “may be subject to change” through procedures in accordance with relevant regulations.
Bitcoin could be headed for $70K ‘goblin town’ on ETF exodus: Hayes
Large hedge funds playing the ETF arbitrage game are starting to unwind their positions, putting more selling pressure on Bitcoin, says BitMEX co-founder Arthur Hayes.
Metaplanet, El Salvador stack Bitcoin as BTC slides 5% in 10 hours
Bitcoin-stacking Metaplanet bought at $96,185, while El Salvador bought at around $94,050 per Bitcoin.
SEC to axe regional office directors amid DOGE cost cutting: Report
The directors of the Securities and Exchange Commission’s regional offices will reportedly be soon out of a job as the agency looks to cut costs.
Sam Bankman-Fried posts for the first time in 2 years, FTX Token pumps
Former FTX CEO Sam Bankman-Fried said he had not checked his email for the past few hundred days and that being unemployed is a lot less relaxing than it looks.
Ohio introduces bill preventing state taxes on crypto payments
The legislation also requires state pension funds to evaluate investing in crypto exchange-traded funds, and covers the right to self-custody and crypto mining.
SEC acknowledges filing for Grayscale’s spot Cardano ETF
NYSE Arca has filed a proposal with the SEC to list and trade shares of the Grayscale Cardano Trust on the stock exchange.
US authorities seize $31M of crypto tied to 2021 Uranium Finance hack
US officials have seized $31 million worth of crypto linked to a 2021 hack of Uranium Finance, a now-defunct DeFi platform on BNB Chain.
Bitcoin falls under $91K — Bitfinex says it’s at a ‘critical juncture’
Bitfinex analysts said Bitcoin is mirroring traditional markets, and its lack of price momentum has “led to a period of contraction” for crypto markets.
Crypto sentiment sinks to ‘extreme fear’ as Trump says tariffs still on
Crypto market sentiment dived to “Extreme Fear” after US President Donald Trump said 25% tariffs against Canada and Mexico are on schedule.
Citadel Securities eyes market-making role for crypto exchanges: Report
Citadel Securities is reportedly looking to provide liquidity to the crypto markets after years of waiting for the crypto regulatory landscape in the US to improve.
OKX pleads guilty, pays $505M in penalties to settle DOJ charges
OKX’s Aux Cayes FinTech Co. Ltd agreed to pay over $500 million worth of fines for operating an unlicensed money-transmitting business.
South Dakota lawmakers effectively kill proposed Bitcoin bill
The House bill, which proposed allowing the US state to invest in Bitcoin, was deferred until after the legislative session ended.
Analysts eye Bitcoin miners’ AI, chip sales ahead of Q4 earnings
Miners are embracing adjacent business lines to offset pressure on core mining margins from the April 2024 halving.
Superchain will reach 80% of Ethereum L2 transactions in 2025 — Optimsm exec
Sony, Coinbase, Kraken and Sam Altman’s World are all building on Optimism’s OP Stack.
Ethereum’s favorable risk-return ratio has traders ‘insanely bullish’ on ETH price
One altcoin trader says Ethereum’s long-term chart looks “insanely bullish” with a very favorable risk-reward ratio.
Ethereum price drops despite Bybit reportedly buying $700M ETH — Why?
Ether price is down nearly 6% even though Bybit has been buying in bulk. Cointelegraph explains why.
SEC task force continues meeting with firms over crypto regulations
The US financial regulator has already closed an investigation into Robinhood Crypto and will reportedly drop its enforcement action against Coinbase.
Nigeria files $81.5B lawsuit against Binance, Coinbase execs in legal trouble: Law Decoded
The Nigerian government alleged that Binance caused economic damages after crashing the country’s fiat currency.
Bitcoin daily transfer volume drops 76%, but $160B net capital rise is bullish — Analyst
Bitcoin’s $860 billion realized market cap indicates fresh capital inflows even as prices continue to weaken under $95,000.
Nasdaq files to list Canary HBAR ETF
The filing is the latest in a litany of applications with the SEC from issuers and exchanges.
Dubai recognizes USDC, EURC as first stablecoins under token regime
The Dubai Financial Services Authority has recognized the first stablecoins under its crypto token regime: USDC and EURC.
Price analysis 2/24: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK
Bitcoin price is at risk of falling from its current trading range and exploring new lows under $90,000. Can bulls turn the tide?
Crypto market weakness sparks $86K Bitcoin price target next
Bitcoin is off to an "interesting" start this week, but market weakness is doing bulls no favors as range lows loom.
Timeline: Five world leaders embroiled in memecoin scandal since TRUMP
From Argentina to Malaysia, at least five figureheads have become involved in memecoin drama since US President Donald Trump launched his own on Jan. 18.