Ether Price Spikes Further on Reports of Bybit Starting to Buy ETH
The rise comes amid reports that Bybit has allocated 100 million USDT to a new wallet to buy the cryptocurrency.
Crypto Victory: SEC Agrees To Drop Enforcement Case Against Coinbase – Details
In a positive development for the crypto industry, the US Securities and Exchange Commission (SEC) plans to end its 20-month-long legal battle against crypto exchange platform Coinbase and withdraw the enforcement case, a shift from the agency’s previous “regulation by enforcement” approach. Related Reading: Binance CEO Expects Start Of Crypto ‘Golden Era’ Under Trump Administration […]
SEC Drops OpenSea Investigation Easing Pressure on NFT Market
The regulator’s decision comes after Coinbase said the SEC will vote on a deal to abandon its enforcement case against it.
$5.7M Bybit Crypto Scam Lands Ex-Employee Nearly 10 Years in Prison—Details
A former payroll processing staff member at Bybit, Ho Kai Xin, has recently been sentenced to nine years and 11 months in jail on February 20. The charges stemmed from her fraudulent activities that involved defrauding ByBit Fintech, a Seychelles-based cryptocurrency exchange, of over $5.7 million. Related Reading: US SEC Launches New Unit To Protect […]
$EURCV Launch on Stellar: Shaping Cross-Border Payments with Best Wallet Token
Societe Generale-Forge, the digital assets subsidiary of French banking giant Societe Generale, has launched a EUR-backed stablecoin ($EURCV CoinVertible) on the Stellar network. The move has the potential to reshape the landscape of stablecoins, offering enhanced compliance, cost-effectiveness, and scalability. The $EURCV stablecoin is set to serve as a key tool for financial applications and […]
Ether Supply Squeeze? Bybit Hacker Emerges as World’s 14th-Largest ETH Holder
Ether trades 2% higher as the hacked ETH is seen as a permanently lost supply.
Bitcoin Breaks $99,000, But Analyst Warns Rally ‘Leverage Driven’
Bitcoin has seen a recovery above $99,000 recently, but the trend taking place in the Open Interest could raise concerns about the surge’s longevity. Bitcoin Open Interest Has Spiked Alongside The Latest Rally In a new post on X, CryptoQuant community analyst Maartunn talked about the trend in the Bitcoin Open Interest alongside the latest […]
The $1.5B Bybit Hack: Protect Your Assets with Best Wallet Token
In a significant security breach, Bybit, one of the leading cryptocurrency exchanges, found itself at the center of a devastating hack. The attackers made off with a staggering $1.5B worth of ETH, sending shockwaves throughout the crypto space. As crypto continues to gain popularity, incidents like this remind us of the importance of safeguarding our […]
Trump Appoints Bitcoin Proponent As New FBI Chief – Details
United States President Donald Trump’s latest appointment, a close ally, has officially been confirmed as the new FBI Director. The confirmation of Kash Patel comes with significant controversy, not just for his past criticisms of the agency but also for his personal investments in Bitcoin and cryptocurrency-related stocks. Related Reading: Trump Pushes DOGE Redistribution—20% Back To […]
Dogecoin Price Enters ‘Boring Phase’ Of The Cycle, But It’s Not Bad News
The Dogecoin price is currently in what analysts have described as a “Boring phase.” While this term may suggest stagnation, historical trends indicate that it is not necessarily bad news, but a potential precursor to an explosive price rally. If history repeats itself, DOGE could see its price skyrocketing past the $1 threshold. New Boring […]