crypto
Bybit $1.4 Billion Breach Linked to Safe Wallet Vulnerability, Investigation Finds
- A forensic investigation by Sygnia found that malicious JavaScript code was injected into Safe Wallet’s AWS S3 bucket.
- Chrome cache analysis confirmed the compromised JavaScript, with the code removed from Safe Wallet’s resources two minutes after the attack.
Wednesday, 26/02/2025 | 16:32 GMT by
Tareq Sikder
Bitcoin ETFs and US Elections Drove Institutional Crypto OTC Trading to $39 Billion Daily
- According to the Finery Market's newest report, the trading volumes in 2024 rose by 100%, and could repeat that also in 2025.
- Geographically, Europe leads demand for institutional crypto spot OTC trading at 38.5%.
Wednesday, 26/02/2025 | 15:48 GMT by
Damian Chmiel
Why is XRP Going Down? Ripple Whales Dump 370 Million Coins in Sell-Off
- XRP’s price fell from $2.5 to $2.1 amid heavy whale dumping and market volatility.
- Global macroeconomic factors, including new US tariffs, are fuelling crypto market instability.
Wednesday, 26/02/2025 | 13:22 GMT by
Tareq Sikder
Why Is XRP Crashing Despite SEC Shifts and the Potential US XRP Reserve?
- XRP falls 21.7% in 30 days despite several crypto-friendly developments, including the potential US XRP Reserve.
- The SEC drops its Coinbase lawsuit and clears Robinhood Crypto, signaling a softer crypto stance.
Tuesday, 25/02/2025 | 13:58 GMT by
Tareq Sikder
Why Is Bitcoin Price Down Today? BTC Falls Under $91K, Testing November 2024 Lows
- Bitcoin tests important support zone as Trump’s tariffs spark inflation fears.
- Crypto market drops 8% due to stalled momentum and liquidations.
- Institutional ETF outflows hit $552.5M, pressuring Bitcoin price.
Tuesday, 25/02/2025 | 07:09 GMT by
Damian Chmiel
OKX Pleads Guilty to Illegally Operating in the US: Pays $505 Million
- The exchange has offered services to retail and institutional US clients since about 2018.
- It agreed to pay a penalty of $84 million and return the $421 million it received as fees from US clients.
Tuesday, 25/02/2025 | 05:26 GMT by
Arnab Shome
Why Is Dogecoin Going Down? DOGE Price Crashes to Nov 2024 Lows Alongside Other Altcoins
- Dogecoin price tests three-month lows, with Solana leading declines on Monday, February 24, 2025
- Technical analysis suggests that the DOGE price could drop to $0.20.
- But what are the Dogecoin price predictions for the rest of 2025?
Monday, 24/02/2025 | 07:31 GMT by
Damian Chmiel
Bybit Fully Covered $1.4B Ether Gap after the Hack; Handled $6.1B in Withdrawals
- The CEO of the exchange confirmed that it once again has a 1:1 reserve on its clients’ assets.
- The clients’ assets on the platform dropped from $16.9 billion to $10.8 billion.
Monday, 24/02/2025 | 05:32 GMT by
Arnab Shome
“The Knee on Crypto's Neck is Lifting”: Hidden Road's Higgins on MiCA, Industry's Future
- Finance Magnates spoke with Hidden Road's International CEO, Michael Higgins, about recent crypto regulations in Europe.
- Higgins states that “having a pro-innovative regulation like we did in the early days of the Internet is really important.”
Friday, 21/02/2025 | 08:46 GMT by
Pi Network Enters the Room: Disrupting Crypto or Just Another Coin?
- Pi Network's Open Mainnet launch sparks debate: innovation or overhyped speculation?
- Pi Coin faces liquidity concerns and questions about its true value.
- Critics highlight Pi Network's opaque operations and unconventional mining methods.
Friday, 21/02/2025 | 08:42 GMT by
Louis Parks
Binance Faces $81.5 Billion Lawsuit in Nigeria amid Currency and Tax Disputes
- Authorities blame Binance for currency issues and detained two executives in 2024.
- The company is also contesting separate money laundering charges from Nigeria’s anti-graft agency.
Wednesday, 19/02/2025 | 16:55 GMT by
Tareq Sikder
Will Bitcoin Price Hit $200K in 2025? Expert BTC Prediction Offers Hope In Sideways Market
- Bitcoin could hit $200K in 2025, according to Anthony Scaramucci from SkyBridge Capital.
- However, the current Bitcoin price is far from this target, consolidating at nearly $96K.
Wednesday, 19/02/2025 | 14:17 GMT by
Damian Chmiel
CySEC Approval Enables eToro for Crypto Services Across the EU Under MiCA
- The firm expands crypto offerings in Europe, enabling services under MiCA and MiFID.
- The company, with over 38 million registered users in 75 countries, offers more than 100 cryptos.
Wednesday, 19/02/2025 | 10:41 GMT by
Tareq Sikder
eToro Completes SOC 2 Type II Audit for Cryptoasset Security and Compliance
- SOC 2 Type II, developed by AICPA, evaluates security, availability, processing integrity, confidentiality, and privacy.
- Grant Thornton audited eToro’s systems from July 1, 2023, to August 30, 2024.
Wednesday, 19/02/2025 | 10:23 GMT by
Tareq Sikder
A Bold New Way to Earn: CoiniGo’s Referral Program Offers Up to $10,000
- Partners can be rewarded for driving the future of digital payments.
Wednesday, 19/02/2025 | 09:24 GMT by
FM
Wall Street Bitcoin Miner MARA Acquires Texas Wind Farm: Using ASIC Hardware
- The firm has acquired a wind farm with 240 MW interconnection and 114 MW nameplate capacity.
- The company is lending 16% of its BTC through short-term agreements with a yield under 10%.
Tuesday, 18/02/2025 | 13:37 GMT by
Tareq Sikder
FTX Begins Payouts to Creditors Under $50K: Recovery Could Reach $16B
- Larger creditors will receive payments from Q2 2025, with FTX distributing $7 billion initially.
- Recovery rates vary by claim type, with overall expected recoveries ranging from 123% to 138%.
Tuesday, 18/02/2025 | 10:13 GMT by
Tareq Sikder
Bitcoin Miner HIVE Names Former Apple Exec to Lead Cloud Unit in $100 Million Push
- The company has appointed Craig Tavares as President and COO of Buzz HPC to spearhead its GPU Cloud and HPC services expansion.
- Tavares brings over 20 years of digital infrastructure expertise and will lead the company into a $40B new market.
Tuesday, 18/02/2025 | 07:13 GMT by
Damian Chmiel
Argentine President Milei Faces Charges by Lawyers in Libra Crypto Collapse
- The Libra token's market value plummeted over 94% after the president deleted a post endorsing it.
- The president faces allegations of violating Public Ethics Law and involvement in pump-and-dump scheme.
Monday, 17/02/2025 | 17:29 GMT by
Tareq Sikder
KYC is (Becoming) a Key Legal Requirement for Mining Pool Providers
- Mining is now a multi-billion-dollar global industry.
Monday, 17/02/2025 | 16:50 GMT by
FM
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