Crypto News And Market Updates

A view of the Dubai skyline representing the approval of USDC and EURC as stablecoins under the DFSA’s crypto regime.

Dubai Recognizes USDC, EURC as First Stablecoins Under Token Regime

February 24, 2025 Paulo

Dubai’s DFSA has approved USDC and EURC as the first stablecoins under its crypto regime, allowing their integration into DIFC’s digital asset ecosystem.

SEC Waves White Flag on OpenSea Probe, CEO Calls It ‘A Win’

February 23, 2025 Paulo

The SEC has dropped its probe into OpenSea, a win for NFT creators. CEO Devin Finzer says classifying NFTs as securities would have hindered innovation.

NFT Sales Surge 19.6% to $152.9M as Doodles Dethrones Pudgy Penguins

February 22, 2025 Paulo

NFT sales surged 19.6% to $152.9M, with Doodles overtaking Pudgy Penguins. Ethereum NFT sales rose 42.7%, while Bitcoin NFTs fell 26.6%.

Blockchain

Bybit Restores Withdrawal Services After $1.5B Exploit, CEO Assures Normal Operations

February 22, 2025 Paulo

Bybit CEO Ben Zhou confirmed that all withdrawals have been processed and operations are back to “normal pace” after a major $1.5B exploit.

Blockchain

Coinbase Set for Legal Win as SEC Plans to Dismiss Landmark Lawsuit

February 21, 2025 Paulo

The SEC plans to dismiss its lawsuit against Coinbase, marking a major shift in U.S. crypto regulation. The decision awaits final approval.

Metaplanet CEO Simon Gerovich speaks about the company’s Bitcoin strategy and plans for future acquisitions.

Bybit Lifts Curtain on Liquidation Data Following Underestimated Figures

February 21, 2025 Paulo

Bybit has made liquidation data public via API, improving transparency for traders after CEO Ben Zhou challenged underreported crypto liquidation figures.

Executives from Uniswap, Coinbase, and NYSE join SEC crypto regulation roundtable in Washington

SBF Cozies Up to Republican Party Amid Clemency Push

February 20, 2025 Paulo

SBF shifts to the GOP, slams Biden’s policies, as his parents push for a Trump pardon amid his 25-year sentence for FTX’s collapse and crypto scandal.

A digital rendering of a Trump-branded virtual world with a metaverse marketplace and NFT trading hub.

YLDS Stablecoin Debuts as First SEC-Registered Yield-Bearing Digital Asset

February 20, 2025 Paulo

Figure Markets launches YLDS, the first SEC-registered yield-bearing stablecoin, offering daily accruals and monthly payouts on Provenance Blockchain.

Coinbase Pushes Congress to Grant CFTC Authority Over Spot Crypto Markets

February 19, 2025 Paulo

Coinbase urges Congress to grant CFTC oversight of crypto spot markets, challenging SEC control and pushing for clearer regulatory frameworks.

A digital screen showing a hacked social media account, symbolizing cybersecurity threats in the crypto industry.

Hyperliquid Rolls Out HyperEVM, Launches $1M Bug Bounty Program

February 18, 2025 Paulo

Hyperliquid launched HyperEVM and a $1M bug bounty program to enhance security. Users can earn USDC rewards for identifying vulnerabilities.