A divide over crypto regulation is growing within the Democratic Party as Senator Warren clashes with pro-crypto lawmakers pushing for new legislation.
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In a February 26 statement on X, Safe{Wallet} confirmed that the recent attack on Bybit was executed by the Lazarus Group, a North Korean state-sponsored hacking organization. Significantly, the breach was facilitated through a compromised Safe{Wallet} developer machine, allowing the attackers to propose a malicious transaction affecting an account operated by Bybit. https://t.co/9zhPMCmGbB — Safe.eth…
Phantom, a popular crypto wallet service provider, has acquired blockchain data platform SimpleHash, marking its third acquisition in eight months. Notably, the move aims to improve the accuracy and performance of token data for Phantom users, enhancing their experience in tracking digital assets. SimpleHash is known for its real-time blockchain insights and supports over 80…
Crypto markets brace for volatility as Trump announces a 25% tariff on EU imports, causing the euro to dip and fueling global trade concerns.
The nine U.S. spot Ethereum exchange-traded funds (ETFs) recorded a net outflow of $50.1 million, continuing a three-day outflow streak. The Ethereum ETFs losing funds for three days align with the general market sentiment and conditions. The Market downturn reflects on the ETF, with Bitcoin ETFs losing a staggering $937 million on the same day. …
The 11 U.S. spot Bitcoin exchange-traded funds (ETFs) recorded their highest single-day net outflows, with a staggering $937.78 million withdrawn from the funds. The figure recorded yesterday surpasses the $680 million set on December 19, 2024. The massive outflow aligns with the current Market Sentiment, as Bitcoin's price dipped below $90,000 for the first time…
Robinhood met with the SEC’s Crypto Task Force, urging clear regulations for digital assets and criticizing the agency’s case-by-case litigation approach. Robinhood Challenges SEC’s Case-by-Case Crypto Regulation Robinhood Markets Inc. met with the SEC’s Crypto Task Force on February 19 to advocate for a structured regulatory framework for digital assets. The meeting addressed key issues…
DOJ launches an investigation into Argentina’s President Javier Milei’s ties to the Libra cryptocurrency project, examining potential fraud and influence peddling. U.S. Authorities Probe Allegations of Fraud in Libra Crypto Project The U.S. Department of Justice (DOJ) has reportedly opened an investigation into President Javier Milei’s involvement in the promotion of the cryptocurrency Libra and…
BlackRock has transferred $204 million in Bitcoin and Ethereum to Coinbase Prime, sparking speculation about its crypto strategy. Analysts suggest portfolio rebalancing or ETF-related adjustments. Bitcoin and Ethereum Adoption BlackRock, the world's largest asset manager, has transferred approximately 1,800 Bitcoin (BTC) and 18,168 Ethereum (ETH) to Coinbase Prime, totaling around $204 million. The move has…
Bitdeer Technologies Group posted a $532 million net loss for Q4 2024, citing major investments in proprietary mining hardware development as it pursues vertical integration in the Bitcoin mining sector. Revenue Decline and Rising Costs The company's quarterly revenue dropped 40% year-over year to $69.0 million, with gross profit plummeting from $27.0 million in Q4…