Bitcoin News / Bitcoin.com - 3 months ago
A perennial inquiry among financial circles—from bitcoin enthusiasts to gold stalwarts—centers on the U.S. national debt’s vertiginous climb to $36.51 trillion by Feb. 22, 2025. Contrary to the specious assertions of certain commentators who simplist...
Bitcoin News / Bitcoin.com - 3 months ago
Kanye West, legally known as Ye, plans to introduce a meme-inspired cryptocurrency named YZY — a move that comes even after he publicly condemned such tokens as manipulative and driven by empty buzz. Ye Follows CZ on X Causing Binance Listing...
Bitcoin News / Bitcoin.com - 3 months ago
The non-fungible token (NFT) market exhibited a noticeable resurgence in transactional activity from Feb. 15 to 22, with digital collectible purchases climbing 11.60% above the preceding week’s totals. NFTs Rebound: 64% Buyer Spike and 49% Sel...
Bitcoin News / Bitcoin.com - 3 months ago
The U.S. Securities and Exchange Commission (SEC) has reportedly ended its investigation into Opensea and will not pursue enforcement action against the non-fungible token (NFT) marketplace over allegations that its NFTs constituted unregistered secu...
Bitcoin News / Bitcoin.com - 3 months ago
A $1.4 billion hack at Bybit prompted former Binance CEO Changpeng Zhao, known as CZ, to commend Bybit’s chief executive, Ben Zhao, for his transparent and measured response. Massive Bybit Hack Spurs CZ to Warn: ‘We Should Never Take Security for Gra...
Bitcoin News / Bitcoin.com - 3 months ago
Following the massive Bybit hack on Feb 21, 2025, in which hackers stole about $1.4 billion worth of ethereum (ETH) from the exchange’s cold wallet, a contentious debate has emerged within the crypto community regarding whether to roll back th...
Bitcoin News / Bitcoin.com - 3 months ago
Bybit has launched a recovery bounty program offering rewards for retrieving stolen cryptocurrency funds. Crypto Exchange Bybit Initiates Recovery Bounty The Dubai-based cryptocurrency exchange, Bybit, has initiated a recovery bounty program followin...
Bitcoin News / Bitcoin.com - 3 months ago
Bitcoin is trading at $96,688 with a market capitalization of $1.91 trillion and a 24-hour trading volume of $44.88 billion, moving within an intraday range of $94,805 to $99,262 as technical indicators suggest consolidation with a bearish bias. Bitc...
Bitcoin News / Bitcoin.com - 3 months ago
XRP presently hovers at $2.58 per token, boasting a $149 billion market valuation and $4.66 billion in daily trading activity. Over the past 24 hours, its value has oscillated between $2.52 and $2.69, lingering 24.1% beneath its historic peak as mark...
Bitcoin News / Bitcoin.com - 3 months ago
A survey of FTX creditors reveals a strong inclination to reinvest their repayments in cryptocurrencies, with solana (SOL) being the most popular choice. FTX Creditors’ Love Affair With Solana A new survey found that 79% of FTX creditors plan...
Bitcoin News / Bitcoin.com - 3 months ago
The guilty plea is the latest development in one of crypto’s most scandalous fraud schemes that left an $8 billion project bankrupt. Former Executive of Defunct Crypto Firm Safemoon Enters Guilty Plea Thomas “Papa” Smith used to be the chief technolo...
Bitcoin News / Bitcoin.com - 3 months ago
The launch of bitcoin and ether ETFs on the Australian Securities Exchange (ASX) by Betashares provides Australian investors with a regulated and accessible way to gain exposure to digital assets. Betashares Expands Crypto Offerings With Bitcoin and...
Bitcoin News / Bitcoin.com - 3 months ago
Bitcoin payments firm Strike now offers callback phone support to its verified U.S. customers. “We know that sometimes a phone conversation is the most effective way to get the help you need,” the company said when it officially announced the service...
Bitcoin News / Bitcoin.com - 3 months ago
A Bybit payroll fraud scheme funneled $5.7 million into a worker’s personal wallets, funding luxury splurges before authorities uncovered the deception and issued a prison sentence. Bybit Crypto Payroll Fraud Leads to Prison Sentence A former...
Bitcoin News / Bitcoin.com - 3 months ago
The European Central Bank is advancing its digital asset settlement strategy, aiming to streamline transactions, enhance security, and strengthen financial stability across European markets. Digital Asset Settlement Transformed as ECB Embraces DLT So...
Bitcoin News / Bitcoin.com - 3 months ago
Russia’s Supreme Court is pushing to classify cryptocurrency as property in penal cases, aiming to strengthen law enforcement’s ability to track, freeze, and confiscate illicit digital assets. Russia’s Supreme Court Advances Crypto Legalization Effor...
Bitcoin News / Bitcoin.com - 3 months ago
Coinbase’s CEO says winning against the SEC was crucial to protecting U.S. crypto, accusing the agency of overreach and political intimidation. Coinbase CEO Reveals Why Standing Up to the SEC Was Essential Following the U.S. Securities and Exchange C...
Bitcoin News / Bitcoin.com - 3 months ago
North Korea’s Lazarus Group, a state-backed hacking collective renowned for its technical sophistication, executed the largest cryptocurrency theft in history by stealing $1.46 billion from Bybit, investigators confirmed. North Korea’s Lazarus Engine...
Bitcoin News / Bitcoin.com - 3 months ago
Bybit scrambled to process over 350,000 withdrawal requests after a massive hack, with executives calling it possibly the worst financial breach ever. Bybit in Crisis Mode—350,000 Withdrawals Flood the System Ben Zhou, CEO of crypto exchange B...
Bitcoin News / Bitcoin.com - 3 months ago
Lawmakers are demanding urgent FDIC action to end “debanking,” warning that unchecked regulatory power threatens financial access and could be weaponized against lawful businesses. 5 Recommendations to End ‘Debanking’: Congress Pressures...
Bitcoin News / Bitcoin.com - 3 months ago
More than a month after Donald Trump, the 47th U.S. president, launched his meme-inspired TRUMP token, the Solana-based crypto asset continues to glitter in the top 50 rankings. A lively 709,835 unique wallets now hold the token, sparking curiosity a...
Bitcoin News / Bitcoin.com - 3 months ago
Bitget Wallet has integrated decentralized lending protocol Aave to allow users to stake USDT and USDC across five blockchain networks while retaining self-custody of assets. Aave Integration Enables Cross-Chain Stablecoin Staking on Bitget Wallet Bi...
Bitcoin News / Bitcoin.com - 3 months ago
Societe Generale-Forge (SG-FORGE) has chosen the Stellar blockchain to launch its MiCA-compliant euro stablecoin (EURCV). Stellar Network to Host Societe Generale-Forge’s Euro-Backed Stablecoin Societe Generale-Forge (SG-FORGE) has expanded its multi...
Bitcoin News / Bitcoin.com - 3 months ago
Bitcoin’s price fell 3.07% to $95,086 on Feb. 21, 2025, as markets reacted to a $1.4 billion hack at Bybit and technical indicators signaled bearish pressure. Bearish Signals Dominate Bitcoin Charts Amid Security Breach Fallout Bitcoin traded within...
Bitcoin News / Bitcoin.com - 3 months ago
Following the Bybit hack, the team organized a livestream to deliberate on the recent billion-dollar hack that transpired on the exchange. Bybit’s founder Ben Zhao clarified that the platform was undergoing “massive withdrawals&...
