FTX Digital Markets, the Bahamian arm of the collapsed cryptocurrency exchange FTX, will begin repaying creditors under the "convenience class" category starting February 18, 2025.  According to an official distribution notice, eligible claimants with adjudicated claims under $50,000 will receive full reimbursement along with 9% interest per annum from November 11, 2022. The repayments will…

The official Trump memecoin launched on January 18 has failed to live up to expectations dropping by 56.4% in the past 2 weeks.  The memecoin which pumped to as high as $70 a day after its launch has lost a huge fraction of its value exchanging hands for $17.44 at the time of report.  The…

The total crypto market slipped into the fear index for the first time since October following geopolitical tensions caused by Tariffs and counter-tariffs.  The United States, under Donald Trump, is locked in a tariff standoff with Canada and Mexico, sending the traditional financial market into a downward spiral.  Top technical analyst Ali Martinez pointed out…

A Canadian man is charged with a $65M DeFi hack, facing multiple charges including wire fraud and money laundering.

Coinbase CLO Paul Grewal to testify in the Senate Banking Committee’s Operation Chokepoint 2.0 hearing on February 6.

Russia mandates cryptocurrency mining registration to strengthen regulations, combat illegal operations, and impose new tax rules.

Elon Musk criticizes the U.S. Treasury for fraudulent payments, advocating blockchain for transparency as experts debate its feasibility in government finance.

Ben Zhou, Bybit CEO, stated that the Total liquidation experienced by the crypto market yesterday exceeded $2 billion.  Ben reacted to a Cointelegraph tweet explaining that the actual liquidation figures were around $8 billion to $10 billion and not $2 billion as reported.  I am afraid that today real total liquidation is a lot more…

Award-winning and Popular Sleuth ZachXBT revealed Coinbase users lost over $65 million to fraudulent schemes in the last 2 months.  The crypto sleuth who played a key role in recovering several funds shared his latest insights on the largest crypto exchange in the United States.  ZachXBT, in a thread on X, shared key details from…

As Europe’s MiCA regulation becomes mandatory, exchanges like Crypto.com delist Tether’s USDT. Experts weigh in on how the new rules may impact stablecoins, liquidity, and market efficiency. EU MiCA Regulation Forces Exchanges to Delist Tether's USDT The European Union’s new Markets in Crypto-Assets (MiCA) regulations have led to a major shift in the stablecoin market,…