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Short NewsTrump Pardons BitMEX Founders, Stirring Crypto Debate
In a surprising move, President Donald Trump has pardoned BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed. The trio had pleaded guilty in 2022 to violating the Bank Secrecy Act by failing to implement anti-money laundering protocols. The decision has sparked debate, with some viewing it as a win for crypto innovation, while others …
Elena R·29 Mar 20251 min
Bitcoin ETF Inflow Streak Breaks After 10-Day Surge
After a strong 10-day streak of inflows, Bitcoin ETFs saw a sudden reversal on March 28, 2025, with a $93.16 million outflow—the first in nearly two weeks. From March 14 to March 27, these ETFs attracted over $1 billion, peaking at $274.59 million on March 17. The streak’s end hints at shifting investor sentiment, raising …
Qadir AK·29 Mar 20251 min
Why XRP Is Falling?
XRP recorded the largest drop among major cryptocurrencies this week, driven by a mix of technical and fundamental factors. Market-wide corrections led to increased sell pressure, but XRP’s decline was amplified by regulatory uncertainty surrounding Ripple and decreased trading volume. Additionally, profit-taking by short-term investors following recent price spikes contributed to the sell-off. While other …
Qadir AK·29 Mar 20251 min
NCDRC Dismisses ₹2000 Crore Hack Lawsuit Against WazirX
The National Consumer Disputes Redressal Commission (NCDRC) has dismissed a lawsuit filed against WazirX over a ₹2000 crore hack. The court ruled that there is no established legal framework for cryptocurrency-related issues in India. As a result, the case against the crypto exchange was thrown out, highlighting the regulatory gap surrounding cryptocurrency in the country. …
Qadir AK·28 Mar 20251 min
Galaxy Digital Faces $200 Million Settlement Over LUNA Promotion
Galaxy Digital has agreed to a $200 million settlement with the New York Attorney General over its promotion of the #LUNA token. The company was accused of violating the Martin Act and Executive Law by not disclosing its interest in the asset when promoting it to the public. This settlement serves as a reminder for …
Qadir AK·28 Mar 20251 min
Grayscale Files for Avalanche ETF on Nasdaq
Grayscale has officially filed for an Avalanche ETF with Nasdaq, marking a significant step for the firm as it expands its offerings in the cryptocurrency space. The move aims to provide investors with a more accessible way to gain exposure to Avalanche (AVAX) through a regulated financial product. If approved, this ETF could further solidify …
Qadir AK·28 Mar 20251 min
Dark Web Hackers Allegedly Sell 100K Crypto Records
Hackers on the dark web allege they have obtained over 100,000 user records from crypto exchanges Gemini and Binance. According to a March 27 report by Dark Web Informer, a threat actor known as AKM69 is selling a database containing full names, emails, phone numbers, and location data. Most affected users are from the U.S., …
Elena R·28 Mar 20251 min
$120M Liquidated in an Hour: Ethereum Takes a Hit
On March 28, 2025, the crypto market faced a sharp shake-up as $120 million in liquidations hit within an hour. Ethereum (ETH) took a major hit, plunging from $2,000 to $1,900, sparking concern among traders. The sudden drop triggered a wave of reactions across the crypto community, with some seeing it as a buying opportunity …
Elena R·28 Mar 20251 min
South Carolina Joins the Bitcoin Revolution
South Carolina has introduced the Bitcoin Reserve Bill (H4256), allowing the State Treasurer to invest up to 10% of state funds in Bitcoin, with a cap of 1 million BTC. If passed, this move would make South Carolina one of the first U.S. states to officially allocate public funds to Bitcoin. The bill reflects growing …
Qadir AK·28 Mar 20251 min