16 / 444 Relevant items tagged with #NEWS
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Blackrock Under the Microscope: Financial Institution Shifts Millions in Crypto to Coinbase
[Feb 25 5:11 PM] Blackrock has transferred about 18,168 ether and 1,800 bitcoin, worth around $44 million and $160 million, to the centralized crypto platform Coinbase. Blackrock’s Digital Asset Strategy and Rebalancing in the Spotlight Onchain observers…
Ohio Prepares for a Crypto Future: State Proposes Tax Cuts, Mining Benefits, and Pension Fund Investments
[Feb 25 2:05 PM] Key Takeaways: The Ohio bill seeks to stop new crypto taxes. The measure also endorses individuals’ rights to self-custody and crypto mining. Ohio pension funds could soon invest in crypto ETFs. With the surge in cryptocurrency popularity…
SEC Crypto Task Force Meets with Crypto Industry Leaders: Michael Saylor, Robinhood, CCI, and MITRE
[Feb 25 7:19 AM] Key Takeaways: The SEC’s Crypto Task Force is actively meeting with key players in the crypto space. The dialogue revolves around revisiting previous regulations for crypto and establishing clear parameters. The SEC is likely to introduce a…
Nasdaq-Listed HBAR ETF Filing Offers A New Injection Of Life For Altcoin Investors
[Feb 25 4:14 AM] Key Takeaways: The Canary HBAR ETF could give investors another way to access Hedera’s HBAR token as Nasdaq has filed to list the ETF with the SEC. The submission is an indication of a rising pattern in the number of altcoin ETF proposals…
USDC, EURC Become First Stablecoins Approved Under New Crypto Regime in Dubai
[Feb 25 2:42 AM] Key Takeaways: USDC and EURC became the first regulated stablecoins under Dubai’s crypto framework when they were officially recognized by the DFSA. The DIFC, a beacon of innovation in the MEASA region, can now facilitate these new use cases…
Wintermute’s $38M Solana Withdrawal Sparks Fears Ahead of $2B Token Unlock
[Feb 24 10:57 PM] Key Takeaways: Wintermute withdrew $38 million worth of SOL from Binance. Another $2 billion worth of Solana tokens is expected to unlock, which could intensify selling pressure. Analysts are worried about the risk of big holders dumping unlocked…
Celo, Chainlink, Hyperlane, and Velodrome Launch Cross-Chain Super USDT Stablecoin on OP Superchain
[Feb 24 4:58 PM] Key Takeaways: Super USDT seeks to address the fragmented liquidity of bridged USDT on the OP Superchain. Building on Chainlink and Hyperlane, Super USDT will provide nearly-free cross-chain transfers within the Superchain. Super USDT will be…
Ethena Labs Raises $100M For TradFi Expansion With New Token
[Feb 24 1:59 PM] Key Takeaways: Ethena raised $100 million in a private token sale led by Franklin Templeton and F-Prime Capital. The proceeds from this will help create a new token for TradFi and Ethena’s own blockchain. USDe, the stablecoin of Ethena…
Berachain TVL Elevated Past $3.2 Billion, Ahead of Base and Arbitrum
[Feb 24 11:11 AM] Key Takeaways: Berachain’s total value locked (TVL) has surged significantly, and it is now ranked 6th in the DeFi ecosystem. It boasts a novel Proof-of-Liquidity consensus that is attracting huge investment. This milestone signals a shift in the…
The Bitcoin ETF Reality: Only 44% of Purchases Are Intended for Holding
[Feb 24 8:37 AM] Key Takeaways: Only 44% of Bitcoin ETF inflows represent genuine long-term investment. The Bitcoin ETF trading volumes are significantly influenced by both Arbitrage and carry trade strategies. A spike in funding rates can lead to a decrease in…
Are States Going to Miss Out? Montana’s House Holds Off on Bitcoin Reserve Bill
[Feb 24 3:34 AM] Key Takeaways: In Montana, House lawmakers shot down a proposal to create a state Bitcoin reserve. Opposition was dominated by fears about the risk to taxpayer money or speculation. The bill’s defeat also underscores challenges to securing…
Cyber Thieves Convert a Segment of Bybit Loot Into Bitcoin
[Feb 23 9:40 PM] In the aftermath of the $1.4 billion cybersecurity breach targeting centralized digital asset platform Bybit, onchain evidence reveals that perpetrators have systematically converted a fraction of the pilfered funds into bitcoin (BTC). Hackers Mask…
Bybit Hack Funds Funneled Through Meme Coins, Onchain Sleuth Reports
[Feb 23 4:45 PM] The Lazarus Group, a North Korean-linked cybercrime entity, allegedly laundered $1.4 billion stolen from crypto exchange Bybit this week using meme coin platforms and cross-chain transfers, according to onchain investigator ZachXBT. $1.4B Bybit…
Arkham Intelligence Launch Spot Trading in 17 States, Sets Sights on U.S.
[Feb 23 9:17 AM] Key Takeaways: On March 1, Arkham Exchange launched spot crypto trading across 17 U.S. states. The move is intended to confront the dominance of Crypto.com and Coinbase in the U.S. market. The ARKM shows some volatility, increasing with the…
Bybit Announces $140 Million Reward to Recover Stolen Crypto After Massive Hack
[Feb 22 5:53 PM] Key Takeaways: Bybit launches a $140 million recovery bounty program to track down perpetrators of a $1.4 billion Ethereum heist. There is a bounty program that rewards ethical cybersecurity experts with up to 10% of the recovered funds…
A New Capital Crunch Hits The Blockchain Gaming Market
SEC Ends Investigation Into NFT Marketplace OpenSea: A Victory for Creators?
[Feb 22 11:01 AM] Key Takeaways: The SEC has ended its investigation into OpenSea, a popular NFT marketplace. Industry figures are seeing the SEC’s move as a potential catalyst for the NFT market to grow and innovate. The ruling follows the dismissal of a lawsuit…
US Crypto Index ETFs Face Lukewarm Reception After Launch – What’s Holding Them Back?
[Feb 22 8:25 AM] Key Takeaways: Initial investor interest in new crypto index ETFs has been significantly lower compared to spot Bitcoin ETFs. The limited scope of assets (currently only Bitcoin and Ether) is hindering diversification and overall appeal. Future…
ZachXBT Identifies Lazarus Group as Bybit $1.4B Hackers, Wins Arkham Bounty
[Feb 22 7:07 AM] Key Takeaways: February 2025 saw one of the largest hacks in crypto history, a $1.4 billion hack against Bybit. On-chain sleuth ZachXBT names North Korea’s Lazarus Group among the likely perpetrators. Crypto community rallies with support, security
“Alt Season Has Begun”, Said CryptoQuant CEO – Is It Really Here, and What’s Driving It?
[Feb 22 5:27 AM] Key Takeaways: Investors are shifting focus as altcoin trading volume is much higher than Bitcoin’s. Stablecoins are now the primary driver of altcoin interest, rather than direct rotation from Bitcoin. This alt season is highly selective…
Pascal Hard Fork: BNB Chain’s Next Big Step Towards Smart Contract Wallets & Ethereum Compatibility
[Feb 22 5:21 AM] Key Takeaways: Pascal hard fork is here to implement native smart contract wallets on the BNB Chain, and allows for batch transactions. This upgrade enhances the user experience via lower fees and greater efficiency. This hard fork coincides with…
Bybit Suffers Massive $1.4 Billion Hack: What You Need to Know
SEC Agrees to Drop Enforcement Case Against Coinbase: A Watershed Moment for Crypto Regulation
[Feb 22 5:10 AM] Key Takeaways: Pending final approval, the SEC has agreed to dismiss its lawsuit against Coinbase. This is indicative of a potential change in the US toward a more crypto-friendly regulation. Coinbase CEO Brian Armstrong heralds this as a boon for…
Meme Coin Mania on Solana Cools Down: Is the Party Over?
[Feb 22 5:04 AM] Key Takeaways: Token Launch Fatigue: The initial surge in Solana-based meme coin launches is showing signs of slowing down. Scams Cast a Shadow: High-profile scandals of meme coins dent investor confidence. Regulation on the Horizon: The SEC is…
Litecoin Booms: 243% Jump in Transactions as ETF Rumors Swirl
[Feb 22 4:59 AM] Litecoin Booms: 243% Jump in Transactions as ETF Rumors Swirl Key Takeaways: Anticipation of spot ETFs has led to a surge in Litecoin’s daily transaction volume Since the beginning of October, LTC’s market cap has been rising much faster tha
ETF Flows: Bitcoin and Ethereum Experience Major Sell-Off on February 20
[Feb 22 4:54 AM] Key Takeaways: Major ETF Outflows: Bitcoin ETFs faced $364.8M in withdrawals and Ethereum ETFs lost $13.1M on February 20. Market Impact: BTC and ETH prices may face downward pressure due to increased supply and selling activity in the near term…
Brazil Leapfrogs US Greenlighting First XRP ETF
[Feb 21 7:30 PM] The CVM, Brazil’s Securities and Exchange Commission, has approved the Hashdex Nasdaq XRP Index Fund for trading. The ETF, which is now in its pre-operational phase, highlights the openness of the Brazilian market to these options. Brazil…
Utah on the Verge of Senate Approval for Bitcoin as Reserve Asset
[Feb 21 6:05 AM] Key Takeaways: Utah’s bill moves the state one step closer to allowing it to hold Bitcoin as a reserve asset. The only asset that currently meets the bill’s caps on market cap is Bitcoin. Utah would be the only state in the U.S. with an official
Ethereum Foundation Is Hiring a Social Media Manager to Rebuild Its Presence
[Feb 21 4:23 AM] Key Takeaways: The Ethereum Foundation is looking to hire a social media manager to get its voice out on the slew of major platforms. The intent behind the role is to drive better sentiment around Ethereum by sharing noteworthy updates and engaging…