Olumide Osunkoya, a 46-year-old Brit, has been slapped with a four-year prison sentence for illegally running cryptocurrency ATMs across the UK through his company, GidiPlus. The Financial Conduct Authority (FCA) threw the book at him, and on February 28, 2025, a court convicted him of unregistered crypto activity, forgery, using fake IDs, and possessing criminal…
The U.S. Securities and Exchange Commission (SEC) is pumping the brakes on deciding whether to greenlight or nix Cboe Exchange’s bid to list options on Fidelity Investments’ spot Ethereum ETF, ticker FETH. A February 28, 2025, regulatory filing dropped the news: the SEC’s taking more time, citing a need for “sufficient time to consider the…
The crypto world keeps charging ahead, and 2025’s already shaping up to be a banner year. On Friday, February 28, the CME Group—the planet’s biggest futures exchange—dropped a bombshell via press release: they’re rolling out Solana (SOL) futures on March 17, pending regulatory approval. Traders will get to pick between micro-sized contracts (25 SOL) or…
The Trump Organization is diving headfirst into the digital deep end, filing a trademark for “TRUMP” with the U.S. Patent and Trademark Office on February 24, 2025, to launch a metaverse and NFT trading platform. Spotted by trademark attorney Josh Gerben and buzzing across X, this move signals Donald Trump’s latest bid to plaster his…
The massive $1.4 billion Bybit hack on February 21 has lit a fire under Binance, with CEO Richard Teng calling for a beefed-up focus on security across the crypto world. Speaking during a Binance live session kicking off Ramadan on February 28, 2025, Teng made it clear: user protection and security are top dogs now,…
Solana’s taken a beating, plunging to $126—its lowest since mid-October—as jittery investors brace for a massive 11.2 million SOL token unlock from the FTX bankruptcy estate, set for March 1. That’s per the CMC price tracker, which shows SOL down 9% in the last 24 hours and a hefty 27% over the past week. The…
MetaMask is rolling out a game-changing update, dropping February 28 via their official X account, that’s set to shake up the wallet world. Known for being Ethereum’s go-to, it’s now stretching its legs with native support for Bitcoin and Solana, plus a shiny new smart contract toolkit. The makeover’s loaded: a slicker interface, juggling multiple…
The hacker who pulled off the jaw-dropping $1.4 billion Bybit heist is moving fast—really fast. According to blockchain sleuths at Spot On Chain, they’ve already washed more than half of the stolen Ethereum, some 266,309 ETH worth about $614 million, in just five days since February 22. That’s a blistering pace of 48,420 ETH a…
The U.S. Securities and Exchange Commission just tossed a curveball into the crypto debate: memecoins might not fall under federal securities laws. In a February 27, 2025, statement from its Division of Corporation Finance, the SEC pegged these jokey tokens—like Dogecoin or Shiba Inu—as more akin to collectibles than investments, sidestepping the Howey test that…
The FTX bankruptcy saga is racking up a bill that’s closing in on $1 billion, cementing its spot as one of the costliest Chapter 11 cases in U.S. history. Court filings show legal and financial firms have pocketed nearly $948 million so far, with over $952 million in fees rubber-stamped—eye-watering numbers that still promise a…