Cryptocurrency hacks have been far from reducing over the past months. Following a short dormancy during the end of 2024, the sector witnessed the huge Bybit hack in February. This hack occurred on February 22 and experienced a loss of $1.4 billion worth of funds. Particular investigators alleged that the
The U.S. Securities and Exchange Commission (SEC) will host its first-ever roundtable on March 21, 2025, under the initiative called the “Spring Sprint Toward Crypto Clarity.”The roundtable, titled “How We Got Here and How We Get Out – Defining Security Status,” will take place at SEC headquarters in Washington D.C.,
Donald Trump’s announcement of the Crypto Summit has revived the market in the past day. Bitcoin has reached the $85K level utilizing the positive propellant, which has also led to the revival of other altcoins. Meanwhile, stepping out of the US, Ukraine reported examining crypto taxations. Notably, according to local
As the bears tighten their hold on the crypto market, the community experiences FUD. The crypto fear index has dropped to 21 indicating strong liquidations. Bitcoin fell to $79,000 in the past hour, further driving tensions upwards. Meanwhile, the SEC is scrutinizing memecoins. Notably, the SEC published an article discussing
The Financial Services Commission in South Korea plans to enable fund sales from digital asset donations in 2025. Operations such as charities, universities, and cryptocurrency exchanges receive the capability to convert their donated crypto assets into cash. The regulator also seeks to launch a pilot program on corporate crypto trading.
Major crypto exchange Coinbase now plans to re-enter the Indian crypto market after more than a year of exit from the country. The second largest crypto exchange now engages with the FIU to restart its operations as it aims to comply with regulatory principles. When Coinbase first entered India in
SEC Commissioner Hester Peirce claims most meme coins may not fall under the SEC jurisdiction. In an exclusive interview with Bloomberg, Hester stated “Many of the meme coins that are out there probably do not have a home in the SEC under our current set of regulations.” She further reinforced
The crypto community is combating the recent market crash with a positive face, as tokens attempt recovery. However, the sector itself has not remained dormant. Over the past few weeks, NFT projects, DeFi, AI, and regulatory spaces have shown increased activity. In the past day, the SEC made several announcements.
The Securities and Exchange Commission has approved the Bitwise Bitcoin and Ethereum ETF (Exchange Traded Fund) which allows investors to gain exposure to both assets in a single-regulated product. The approval of the fund’s 19b-4 filling for the Assets Management Firm is a first step before it launches, then SEC
The crypto community continues to rejoice in the upward momentum in the market over the past few days. Bitcoin has finally risen to the $101K level after days of consolidation. The timing couldn’t be better, as one of the external factors contributing is Trump’s inauguration day approaching. This has inadvertently
