Bybit hackers have completed the laundering of 499,000 ETH lifted from the exchange, in the biggest hack in crypto history.  The entire laundering process took 10 days and directly led to the Ethereum Price dropping by 23% ($2,780 to $2,130)  THORChain, the main channel used by hackers to launder the money, racked up $5.9 billion…

Samson Mow, Farcaster Founder and Top Voice in the Industry, warned that Donald Trump’s choice of Altcoins for the proposed crypto reserve could lead to chaos and serious Market Manipulation.  The crypto founder believes the emphasis should be on tokens with proof-of-work such as Bitcoin and Litecoin.  He said The Choice of XRP, Solana, Cardano,…

The nine spot, Ethereum ETFs, recorded a net outflow of $12.1 million, reflecting a cautious stance among investors and a persistent drop in Investor activity for Ether ETFS. This marked a slowdown from the previous week’s heavier outflows, which exceeded $293 million  Ethereum’s price hovered around $2,092, down from recent highs, aligning with the general…

Crypto market drops as Bitcoin, Ethereum, and XRP decline, amid concerns over Trump’s trade tariffs and inflation fears.

U.S. lawmakers introduce the Crypto ATM Fraud Prevention Act to combat rising scams. The bill mandates fraud warnings, transaction limits, and refunds for victims while holding crypto ATM operators accountable. New Bill Proposes Fraud Warnings, Transaction Limits, and Refunds for Victims U.S. lawmakers have introduced the Crypto ATM Fraud Prevention Act to combat the rising…

Raise secures $63M in funding, backed by PayPal, to expand its blockchain-based Smart Cards system, enhancing gift card security, programmability, and fraud prevention. Raise Aims to Revolutionize the Gift Card Market With Smart Cards with Paypal Chicago-based gift card marketplace Raise has secured $63 million in funding, led by Haun Ventures with participation from PayPal,…

BDACS partners with Ripple to expand institutional crypto custody in South Korea, integrating Ripple Custody for secure storage of XRP, RLUSD, and other digital assets. BDACS, South Korea’s first regulated custodian for institutional digital assets, has announced a strategic partnership with blockchain firm Ripple. This alliance aims to expand secure custody services for XRP, RLUSD,…

Bitcoin miner MARA reports a 69% revenue increase in 2024, driven by Bitcoin’s price surge and strategic expansion into AI and energy infrastructure. MARA’s Q4 Revenue Hits Record $214.4 Million Bitcoin mining firm Marathon Digital Holdings reported a 69% year-over-year revenue increase in 2024, reaching $656.4 million, compared to $387.5 million in 2023. The…

Bitcoin ETFs face $755 million in outflows over seven consecutive days, while Ether ETFs see five days of losses, reflecting bearish investor sentiment. Bitcoin and Ether ETFs Experience Continued Investor Withdrawals Bitcoin exchange-traded funds (ETFs) recorded a seventh consecutive day of outflows on Wednesday, Feb. 26, with investors pulling out a total of $755 million.…