Binance slashed 94.1% of its Bitcoin holdings and 99.9% of Ethereum reserves between January and February 2025, blockchain data reveals. The exchange converted $4.33 billion in BTC and $5.83 billion in ETH to USDC, spiking its stablecoin reserves by 57.5%. Critics argue the timing, which is just 10 days before Bybit’s $1.46 billion hack. This raises red flags. “Crypto never…
In 2006, Brad Garlinghouse ignited a firestorm with a memo that Silicon Valley elites dismissed. Yahoo executives mocked him. Wall Street shrugged. Yet within years, Yahoo collapsed exactly as he warned. Blacklisted and sidelined, Garlinghouse quietly plotted his next move. Today, he commands Ripple’s rise as a $41 billion crypto custody titan, proving critics wrong twice. The Peanut Butter Manifesto…
Russian National Faces 25-Year Prison Sentence for Market Manipulation Scheme. Aleksei Andriunin, the 26-year-old founder of crypto firm Gotbit, arrived in Boston on February 25, 2025, following extradition from Portugal. U.S. authorities charged him with wire fraud and conspiracy to manipulate cryptocurrency markets. Federal prosecutors allege Andriunin orchestrated a six-year scheme involving “wash trading” to inflate token values for clients.…
President Donald Trump confirmed Monday that 25% tariffs on Mexican imports and 10% duties on Canadian goods will resume next month. The decision follows a 30-day suspension initially paused for border-security negotiations. “Tariffs are going forward on schedule,” Trump declared during a White House press conference. Economists warn these levies could inflame inflation, disrupt supply chains, and drain $1,200+ annually…
Dubai’s financial regulator has cemented its crypto-forward stance by recognising USD Coin (USDC) and EUR Coin (EURC) as the first regulated stablecoins. The Dubai Financial Services Authority (DFSA) greenlit Circle’s tokens under its crypto framework, enabling licensed firms in the Dubai International Financial Centre (DIFC) to integrate them for payments, treasury management, and asset services. USDC and EURC USDC, pegged…
Pi Coin’s potential Binance listing post-February 27 has ignited excitement among Indian investors. The exchange’s vast user base and liquidity could transform Pi’s market dynamics. Meanwhile, community voting results reveal overwhelming support, with 85% favouring the move. Analysts predict heightened trading activity if the listing proceeds. Community Vote Between February 17 and 27, 2025, Pi Network users voted decisively for…
Rapper Kanye West, legally known as Ye, reportedly sold his X (formerly Twitter) account for $17 million to Barkmeta, a controversial crypto figure. The move precedes rumours of a meme coin launch, fuelling speculation about potential fraud. Industry watchdogs warn investors to brace for a possible “rug pull,” citing Barkmeta’s history of scams. Who is Barkmeta? Barkmeta, a Doginals trader…
In a stunning digital heist that sent shockwaves through the cryptocurrency world, North Korea‘s notorious Lazarus Group pulled off their biggest crypto theft yet, stealing $1.5 billion worth of Ethereum from the Bybit exchange. The attack, which occurred just days ago on February 21st, 2025, has become the latest chapter in North Korea’s ongoing cyber warfare campaign. Meet the Mastermind…
Hackers linked to North Korea’s Lazarus Group drained nearly $1.5 billion from Bybit’s ether cold wallets on February 21. Following this, panic spread across the platform as users rushed to withdraw funds. Blockchain data from DeFiLlama revealed total assets plummeted from $16.9 billion to $11.2 billion within hours. Meanwhile, CEO Ben Zhou activated emergency protocols, urging staff to prioritise withdrawal…
The cryptocurrency world faces another shocking development as Hayden Davis, the controversial figure behind the Libra memecoin, has reportedly died. According to multiple sources, Davis died from a self-inflicted gunshot wound to the chest. Authorities continue to investigate the circumstances surrounding his death. How It Unfolded The 28-year-old Texan stood at the centre of a massive crypto controversy that erupted…
Washington D.C., February 20, 2025. The U.S. Securities and Exchange Commission (SEC) has launched a high-stakes initiative to combat surging cyber and crypto-related crimes. Dubbed the Cyber and Emerging Technologies Unit (CETU), the team will target tech-driven financial misconduct while balancing innovation and investor protection. Who is the leading figure behind this? Laura D’Allaird, a seasoned SEC veteran, will helm…
In a landmark legal move, Nigeria has filed a lawsuit against global cryptocurrency exchange Binance, seeking $79.5 billion in damages for alleged economic losses and $2 billion in unpaid taxes The case, filed at the Federal High Court in Abuja, accuses Binance of tax evasion, currency manipulation, and contributing to the instability of Nigeria’s local currency, the naira. Economic Instability…