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Ripple Lawsuit News: SEC Might Resolve Appeal Before April 16, Closed-door Meeting Today
The Ripple lawsuit has kept everyone on edge, but with the SEC recently dropping cases against big players like Coinbase, Robinhood, and Uniswap, all eyes are now on Ripple. Excitement is building as the SEC prepares for a closed-door Sunshine Act meeting on February 27, 2025, where allegedly XRP ETF is directly mentioned—fueling speculation that …
Anjali Belgaumkar·27 Feb 20252 min
NewsBybit Gets Green Light to Launch Crypto Platform in UAE
Bybit, one of the biggest crypto exchanges, is getting closer to securing a full operational license in the United Arab Emirates (UAE). This approval comes at a crucial time, as the exchange recently suffered a massive $1.4 billion hack. The exchange recently received in-principle approval (IPA) from the UAE’s Securities and Commodities Authority (SCA), bringing …
Mustafa Mulla·27 Feb 20252 min
House Democrats Propose MEME Act to Ban Public Officials from Issuing Memecoins, Targeting Trump’s Recent Launch
US President Donald Trump has been criticized for launching his meme-coin with little knowledge of cryptocurrency. The coin initially surged due to his influence but then crashed, causing major losses for investors. In response, the US Congress is considering legislation to ban public officials from creating meme-coins like Trump’s TRUMP token to prevent such issues …
Shayan Chowdhury·27 Feb 20253 min
Lazarus Group Behind $1.4B Bybit Hack: 11,000 Wallets Used to Launder Stolen Funds
The $1.4 billion hack of Bybit, one of the largest cryptocurrency exchanges, is believed to be the work of the Lazarus Group, a North Korean hacking collective with a history of large-scale cyberattacks. The hackers targeted Bybit’s cold wallet signers and intercepted transfers, gaining access to massive amounts of funds. They have since used over …
Nidhi Kolhapur·26 Feb 20252 min
PayPal To Expand PYUSD Stablecoin Across Products to Serve 20 Million Merchants
As per a latest Bloomberg Report, PayPal is expanding its PYUSD stablecoin integration across more products this year with an aim to serve its 20 million merchants. The move will allow merchants to easily pay and receive payments in stablecoin through a new bill-pay feature. The plans were revealed during PayPal’s annual investor day, unveiling …
Nidhi Kolhapur·26 Feb 20252 min
Crypto Market Crash: Billions Liquidated as Bitcoin Dips Below $86000, XRP Eyes $2
The cryptocurrency market has faced a major dip, with Bitcoin (BTC) touching the $86,000 mark. This recent decline has sparked panic across social media platforms, as traders watch closely for further volatility. As of the latest data, Bitcoin is priced at $88,275.05, marking a 1.67% drop in the past 24 hours. Bitcoin’s price performance saw …
Anjali Belgaumkar·26 Feb 20251 min
SEC Ends Investigation Into Uniswap, Legal Expert Says Ripple Appeal Next: ‘Buckle up XRP Army’
The U.S. Securities and Exchange Commission (SEC) has officially ended its investigation into Uniswap Labs, the company behind the decentralized exchange Uniswap. This decision marks a major step back from the SEC’s previous aggressive stance on crypto enforcement. In April 2024, Uniswap Labs had received a Wells notice from the SEC, warning that the regulator …
Anjali Belgaumkar·26 Feb 20251 min
MSTR Plummets 55%; MicroStrategy’s $43.7B Bitcoin at Risk of Being Sold?
MicroStrategy’s stock has dropped more than 55% since the start of the year. This has sparked concerns about whether the company might have to sell off its large Bitcoin holdings to stay afloat. The firm holds around 499,096 BTC, valued at $43.7 billion, with an average Bitcoin purchase price of $66,350. If Bitcoin’s price drops …
Nidhi Kolhapur·26 Feb 20252 min
Jeju Island Crypto Murder: Four Arrested in Stabbing of Chinese National
South Korean authorities are investigating the suspected crypto-related murder of a Chinese national in Jeju Island. Police believe the crime may have occurred during a crypto asset exchange transaction. Four Arrested, Including Attempted Fleeing Suspects On February 25, Jeju West Police announced that they were questioning four Chinese nationals, including two women in their 30s, …
Anjali Belgaumkar·26 Feb 20251 min