The US Department of Justice charged Andean Medjedovic with exploiting two crypto protocols, alleging he tried to extort one with a “sham settlement proposal.”
Monthly archives: February 2025
XRP Becomes Second Favorite Altcoin of Institutions Year-to-Date With $105,000,000 in Product Inflows: CoinShares
Crypto asset management giant CoinShares says institutional investors poured hundreds of millions into digital asset investment vehicles last week despite volatile market conditions. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment vehicles brought in nearly $530 million last week despite the market-wide slump triggered by Trump tariffs and DeepSeek. “Digital …
CFTC probes Super Bowl wagers offered by Crypto.com, Kalshi: Report
The US commodities regulator is reportedly investigating Super Bowl markets offered by Crypto.com and Kalshi, asking them how they comply with derivatives rules.
Crypto markets rebound as Trump puts Canada, Mexico tarriffs on hold
Both Canada and Mexico have agreed to implement policies to stop the flow of illegal drugs and immigration into the US after a phone call with US President Donald Trump.
Bitcoin remains resilient despite recent Trump tariff shock – Bitfinex
Despite Bitcoin (BTC) reaching a daily low of $91,341.25 on Feb. 3 due to President Donald Trump’s remarks on tariffs, BTC remains structurally strong, according to the latest edition of the “Bitfinex Alpha” report. Bitcoin surged at the beginning of the year, gaining over 10% in January and reaching an all-time high of $109,590 on …
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KyberSwap exploiter gets five-count criminal indictment after stealing $65M
A federal court in New York unsealed on Feb. 3 a five-count criminal indictment against Andean Medjedovic for allegedly exploiting KyberSwap and Indexed Finance to steal $65 million. Medjedovic has not been apprehended by law authorities as of Feb. 3 and remains at large. According to a statement from the US Department of Justice, Medjedovic …
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Congressional Subcommittee to investigate Operation Chokepoint 2.0’s impact on crypto
The Subcommittee on Oversight and Investigations of the Committee on Financial Services will hold a hearing on Feb. 6 titled “Operation Choke Point 2.0: The Biden Administration’s Efforts to Put Crypto in the Crosshairs.” According to a memorandum shared by the Subcommittee, the hearing will examine the impact of regulatory actions on the crypto industry. …
Kraken secures MiFID license to offer derivatives trading in EU
Kraken has secured a Markets in Financial Instruments Directive (MiFID) license in the EU, enabling the crypto exchange to expand its regulated derivatives offerings across key EU markets. According to the announcement on Feb. 3, the license was obtained through the acquisition of a Cypriot investment firm, which was recently approved by the Cyprus Securities …
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Coinbase users reportedly lose over $300M yearly via social engineering scams
On-chain investigator ZachXBT recently shared data revealing that Coinbase users lose more than $300 million annually due to social engineering scams. Over the past few months, numerous users have taken to social media to report sudden account restrictions, which ZachXBT attributed to the exchange’s aggressive risk models and a failure to mitigate ongoing scams. The …
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Thailand SEC Embraces Blockchain: Plans to Launch DLT-Based Debt Instrument Trading System
Thailand’s Securities and Exchange Commission is planning to launch a blockchain-based debt instrument trading system that encourages securities firms to trade digital asset tokens. SEC Considers Token Fundraising Thailand’s securities regulator has said it plans to launch a blockchain- or distributed ledger technology (DLT)-based debt instrument trading system. The regulator said it hopes to convince …
Bryan Johnson of ‘Don’t Die’ Fame Wants to Launch a Token
The millionaire founder of Braintree who spent $2 million to reverse his biological age by more than five years now wants to try his hand at crypto. Longevity Extraordinaire Ponders Token Launch Bryan Johnson, star of the new Netflix documentary “Don’t Die: The Man Who Wants to Live Forever,” hasn’t just been contemplating the impact …
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Trump Memecoin Ignites Crypto Frenzy, Searches for ‘Buy Crypto’ Surge 376%
U.S. President Donald Trump has reportedly amassed $802 million in digital assets since launching the TRUMP memecoin. Trump Team Holds Billions in Memecoins U.S. President Donald Trump has amassed digital assets valued at $802 million since launching the TRUMP memecoin over two weeks ago, according to Conor Grogan, a director at Coinbase. More than half …
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Coinshares: Digital Asset Inflows Hit $527 Million Amid Market Volatility and Trade Tariff Concerns
Inflows into digital asset investment products crossed $500 million, despite the larger macroeconomic events that moved the market. Green Week for Digital Assets Despite Trade Tariffs and Deepseek Volatility Digital asset investment products recorded $527 million in inflows last week, despite investor uncertainty driven by macroeconomic factors such as U.S. trade tariffs and China’s Deepseek …
Trump Issues Executive Order Creating Sovereign Wealth Fund—Could Bitcoin Be Included?
U.S. President Donald Trump has issued an executive order mandating the formation of a federal sovereign wealth fund, a move unveiled during a press briefing on Monday. Trump Mandates Federal Sovereign Wealth Fund “We have tremendous potential,” Trump declared to the press, flanked by aides, as he finalized the directive—a strategic mechanism designed to centralize …
Bitcoin Difficulty Set to Skyrocket as Hashrate Hits ‘Insane’ All-Time High of 840 EH/s
While bitcoin’s value slid beneath the $100,000 threshold, bottoming at $91,530 on Feb. 2, its computational muscle flexed to an unprecedented apex. Bitcoin’s Hashrate Taps an All-Time High Data from hashrateindex.com reveals bitcoin’s hashrate soared to a historic zenith of 840 exahash per second (EH/s), maintaining a formidable 837.25 EH/s as of noon ET on …