Sam Bankman-Fried, the former FTX CEO now serving a 25-year sentence for fraud, sat down with Tucker Carlson for a prison interview on March 5, 2025, and shared his take on where cryptocurrency is headed. The chat, aired on Carlson’s show, dove into the crypto industry’s regulatory headaches, its evolving promises, and its potential to…
The U.S. Securities and Exchange Commission (SEC) made waves on March 4, 2025, announcing it’s dropping its lawsuit against Kraken, marking a surprising turn in the agency’s approach to crypto regulation. The move comes as the crypto industry rides a wave of policy shifts under the Trump administration, which has pushed for a friendlier stance…
Bybit’s CEO, Ben Zhou, just posted on X today, March 4, 2025, and man, it’s not good news. He said almost 20% of the $1.46 billion that hackers stole from Bybit two weeks ago—around $200 million—is now untraceable. That’s a gut punch, especially since this hack on February 21 was the biggest crypto theft ever,…
The Bybit hack—a staggering $1.4 billion heist that rocked the crypto world on February 21, 2025—has thrown a spotlight on how stablecoin giants handle stolen funds. While Tether moved swiftly to freeze 106K USDT tied to the breach, which some link to North Korea’s Lazarus Group, Circle’s been dragging its feet on 115K USDC directly…
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,…
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 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…
Crypto exchange MEXC is throwing some serious weight behind Ethena’s synthetic dollar, USDe, announcing a $20 million allocation to the stablecoin on February 26. On top of that, MEXC Ventures—the exchange’s investment arm—is dropping $16 million into Ethena Labs to juice up user incentives, like high-APR staking events, all aimed at turbocharging stablecoin adoption. We're…
Gemini, the crypto outfit run by the Winklevoss twins, just dodged a bullet—the U.S. Securities and Exchange Commission has shut down its investigation after nearly two years of digging. Cameron Winklevoss broke the news, saying the SEC’s been poking around for 700 days and sent a Wells Notice 277 days ago, but they’re finally backing…
Crypto exchange Bybit just scored a big win, nabbing in-principle approval from the UAE’s Securities & Commodities Authority (SCA) to set up shop as a Virtual Asset Platform Operator. The nod, dated February 18 and announced on February 28, puts Bybit on the fast track to a full license, letting it offer digital asset services…
