Blockchain - Crypto News And Market Updates

Paradigm, Coinbase Back Across Protocol’s $41M Raise for Cross-Chain Interoperability

March 4, 2025 Gonzalo

Across Protocol secures $41M to enhance cross-chain interoperability, backed by Paradigm, Coinbase Ventures, and others, boosting Web3 growth.

White House Crypto & AI Advisor David Sacks Supports IRS Broker Rule Repeal

March 4, 2025 Gonzalo

White House backs repeal of IRS DeFi broker rule, arguing it stifles crypto innovation. Lawmakers push to overturn regulations on digital assets.

Illustration depicting JPMorgan CEO with digital asset visuals, representing traditional finance perspectives on crypto’s future.

Core Scientific Onboards Ex-Morgan Stanley Veteran as CFO

March 3, 2025 Gonzalo

Core Scientific appoints ex-Morgan Stanley banker Jim Nygaard as CFO after emerging from Chapter 11 bankruptcy, signaling its financial resurgence.

Illustration visualizing rumors of Ethereum market manipulation and growing trader uncertainty.

Bybit Hackers Resume Laundering, Moving Another 62,200 ETH

March 2, 2025 Gonzalo

Bybit hackers laundered 62,200 ETH on March 1, raising the total moved funds to 343,000 ETH—68.7% of the stolen $1.4B, despite FBI efforts.

Bybit Hacker Launders $605M ETH, Over 50% of Stolen Funds

February 28, 2025 Gonzalo

Bybit hacker launders over $605M ETH, over 54% of stolen funds, amid controversy surrounding THORChain’s role and growing concerns over North Korean exploits.

Blockchain

SEC and MetaMask Creator Consensys Agree to End Lawsuit

February 27, 2025 Gonzalo

The SEC has ended its case against Ethereum developer Consensys, a regulatory win for crypto. Joseph Lubin celebrated the MetaMask creator’s victory.

Circle’s Jeremy Allaire Calls for Mandatory US Stablecoin Registration

February 26, 2025 Gonzalo

Circle’s Jeremy Allaire says US dollar-based stablecoin issuers should register in the US, preventing regulatory loopholes and ensuring consumer protection.

Crypto security illustration showing a shield and warning symbols, representing scam prevention and protection in the crypto space.

Bybit Hack a ‘North Korea Issue,’ Not a Crypto Issue, Says Expert

February 26, 2025 Gonzalo

The Bybit hack is linked to North Korea’s Lazarus Group, not a crypto flaw, says Meltem Demirors. Experts stress enhanced security and collaboration efforts.

Illustration showing the impact of the Upbit hack on the Solana network and related market volatility.

Korean Crypto Exchange Upbit Hit with 3-Month Restriction on New User Transfers

February 25, 2025 Gonzalo

South Korea’s FSC has restricted new user transfers at Upbit for three months over financial violations, KYC failures, and suspicious transaction reports.

Illustration representing US markets and blockchain migration, with digital locks, network nodes, and symbols of financial infrastructure transition

Dubai Recognizes USDC, EURC as First Stablecoins Under Token Regime

February 24, 2025 Gonzalo

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.