In a bold statement that has sent shockwaves through the crypto industry, former President Donald Trump has pledged to end what he calls “Biden’s war on crypto” and position the United States as a global leader in Bitcoin and digital assets. The announcement marks a significant shift in political discourse around cryptocurrency and could have major implications for the industry. …
Business
February, 2025
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23 February
Ethereum Rollback ‘Intractable’ as Bybit Hack Sparks Debate
The crypto world is abuzz following calls for an Ethereum rollback in the wake of the Bybit hack, which saw millions in assets drained from the exchange. However, Ethereum developers and industry experts have deemed such a move “technically intractable,” highlighting the complexities and risks of reversing blockchain transactions. The Bybit Hack: What Happened? Crypto exchange Bybit recently suffered a …
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23 February
AI in DeFi: Why User Control Is a Must, CEO Warns
As Artificial Intelligence (AI) continues to integrate into Decentralized Finance (DeFi), industry leaders are raising concerns about user autonomy and security. One prominent CEO has issued a stark warning: user control in AI-driven DeFi must remain “non-negotiable.” While AI-powered agents promise to enhance trading efficiency, automate yield farming, and optimize liquidity strategies, they also introduce risks that could undermine DeFi’s …
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23 February
Spot Solana ETF Heats Up: Franklin Templeton Joins the Race!
The competition to launch the first Spot Solana Exchange-Traded Fund (ETF) is intensifying as global asset management giant Franklin Templeton has officially submitted its application. This move signals growing institutional interest in Solana (SOL) and positions the blockchain as a serious contender alongside Bitcoin and Ethereum in the regulated investment space. Franklin Templeton’s Bold Move into Solana ETFs Franklin Templeton, …
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23 February
FBI Busts $290M Crypto Scam: Trade Coin Club Unmasked!
The U.S. Federal Bureau of Investigation (FBI) has taken down yet another massive cryptocurrency scam—this time exposing Trade Coin Club, a fraudulent crypto investment scheme that scammed investors out of a staggering $290 million. The bust marks another victory in the ongoing crackdown on crypto-related fraud and Ponzi schemes. What Was Trade Coin Club? Trade Coin Club, launched in 2016, …
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23 February
Bitcoin’s Latest Dip: Buy the Dip or Brace for Impact? Experts Share Insights
Bitcoin’s price has once again taken a hit, leaving investors wondering whether this is a golden buying opportunity or a warning sign of further decline. With volatility being a hallmark of the crypto market, it’s crucial to analyze the key factors driving this latest dip and what experts have to say about the road ahead. Understanding the Recent Bitcoin Dip …
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23 February
BRICS Eyes New Payment System to Bypass Western Finance
The BRICS alliance—comprising Brazil, Russia, India, China, and South Africa—is ramping up discussions on alternative payment platforms to reduce reliance on Western financial systems like SWIFT and the U.S. dollar. The move comes as geopolitical tensions and sanctions drive BRICS nations to seek greater financial independence. Why BRICS Wants a New Payment System The BRICS nations have long expressed concerns …
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22 February
Grayscale’s Ethereum ETF Faces Major Shift as NYSE Pushes Staking Proposal
Grayscale’s Ethereum ETF may be on the verge of a significant transformation as the New York Stock Exchange (NYSE) files a proposal to allow staking within the fund. If approved, this move could reshape Ethereum investment vehicles, offering institutional investors a way to earn staking rewards while holding a regulated ETH ETF. What’s Changing? NYSE has submitted a rule change …
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22 February
Bybit Payroll Hacker Sentenced: Nearly 10 Years for $5.7M Crypto Heist
A former employee behind a massive $5.7 million crypto payroll heist at Bybit has been sentenced to nearly 10 years in prison. The shocking case highlights the risks of insider threats in the crypto industry and raises questions about security measures at major exchanges. The $5.7M Bybit Payroll Heist: What Happened? The convicted hacker, whose identity has been disclosed by …
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22 February
U.S. Digital Assets Sub-Committee Sets Stage for Key Bipartisan Crypto Legislation Hearing
The U.S. Digital Assets Sub-Committee is gearing up for a critical hearing on bipartisan crypto legislation, a move that could significantly shape the future of digital asset regulation in the country. As the crypto industry grapples with regulatory uncertainty, lawmakers from both parties aim to establish a clear legal framework that balances innovation with investor protection. What’s on the Agenda? …