Bybit Hacked: $1.4 Billion in stETH and mETH Stolen
Over $1.4 Billion in stETH and mETH Stolen in Bybit Hack On February 21, 2025, cryptocurrency exchange Bybit experienced a massive security breach, resulting in the loss of more than $1.4 billion…
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Can Bitcoin Solve the U.S. Debt Crisis? VanEck’s Bold Proposal Explained
In December 2024, Matthew Sigel, Head of Digital Assets Research at VanEck, proposed an ambitious strategy for addressing the U.S. national debt: the creation of a Strategic Bitcoin Reserve. His analysis suggests…
Nigeria Sues Binance for $81.5 Billion Over Alleged Tax Violations and Economic Losses
Nigerian Government Files Lawsuit Against Binance The Nigerian government has launched a major legal battle against Binance Holdings Limited, demanding $79.5 billion in damages for alleged economic losses and an additional $2…
Litecoin Surges 11% as SEC Reviews Canary Capital’s ETF Application
Litecoin (LTC) has experienced a strong rally, climbing over 11% to reach $127.51. The surge follows the U.S. Securities and Exchange Commission’s (SEC) formal acknowledgment of an exchange-traded fund (ETF) application by…
Norwegian Authorities Indict Four Men in $86.5M Crypto Investment Fraud
Large-Scale Ponzi Scheme Defrauded Global Investors Norway’s National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim) has charged four Norwegian men with orchestrating an investment fraud that scammed investors…
Michael Saylor’s Strategy Accelerates Bitcoin Accumulation with $2B Offering
Strategy’s Bold Move to Strengthen Its Bitcoin Portfolio Strategy (formerly MicroStrategy) is doubling down on its Bitcoin accumulation strategy with a new $2 billion private offering of zero-coupon convertible senior notes, set…
MEMX Files for 21Shares XRP ETF Listing Amid Changing Regulatory Landscape
U.S. Exchange Seeks SEC Approval for XRP-Based ETF In a major step toward expanding cryptocurrency investment options, the Members Exchange (MEMX), a U.S. securities exchange, has applied to the Securities and Exchange…
Ether ETFs See Strong Inflows as Bitcoin ETFs Face Outflows in February 2025
Growing Interest in Ether ETFs Amid Market Shifts In February 2025, U.S.-listed Ethereum (ETH) exchange-traded funds (ETFs) have seen a significant surge in investor interest, recording net inflows of $393 million. This…
ESMA Seeks Public Input on Staff Competence Guidelines for Crypto Firms
The European Securities and Markets Authority (ESMA) has launched a public consultation on new guidelines aimed at assessing the knowledge and expertise of employees working for crypto-asset service providers (CASPs). This initiative…
HK Asia Holdings Enters Crypto Market with 1 Bitcoin Purchase, Stock Soars 93%
A Modest Bitcoin Buy Sparks Major Stock Surge Hong Kong-listed investment firm HK Asia Holdings Limited has officially stepped into the cryptocurrency space by purchasing a single Bitcoin. The acquisition, announced on…
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