Kraken, a leading cryptocurrency exchange, has obtained an Electronic Money Institution (EMI) license from the UK’s Financial Conduct Authority (FCA) on March 10, 2025, enabling it to issue electronic money and streamline deposits and withdrawals for UK customers. This regulatory approval allows Kraken to forge partnerships with traditional financial institutions and introduce new products tailored…
Fold Holdings, a U.S.-based Bitcoin financial services firm, has added 475 Bitcoin to its corporate treasury, bringing its total holdings to more than 1,485 BTC, as announced on March 8, 2025. This acquisition, valued at over $135 million at current Bitcoin prices of around $87,800, was financed through a convertible note issuance with a conversion…
Binance, the world’s largest centralized cryptocurrency exchange, is shaking up its token listing and delisting process by giving its community a say, aiming to “provide users with more opportunities” in the digital asset market, according to an announcement on March 6, 2025. This move comes as the exchange seeks to address past controversies and boost…
North Korean hackers pulled off the biggest crypto heist ever, swiping $1.4 billion from Bybit by breaching a Safe{Wallet} developer’s Mac laptop through a fake stock investment project, Mandiant revealed in a report on March 6, 2025. The attack, tied to the notorious TraderTraitor group, kicked off on February 4 when a developer—code-named Developer1—downloaded a…
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…