Tag: Cryptocurrency News

Why is Bitcoin falling today? Here is everything you need to know

Why is Bitcoin falling today? Here is everything you need to know

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…

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Dubai Approves Its First Stablecoins USDC and EURC Issued by Circle

Dubai Approves Its First Stablecoins USDC and EURC Issued by Circle

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…

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How Can Indian Investors Sell PI Coin? A complete guide

How Can Indian Investors Sell PI Coin? A complete guide

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…

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Kanye West’s X Account Sale Sparks Crypto Scam Fears; Will a New Meme Coin Follow?

Kanye West’s X Account Sale Sparks Crypto Scam Fears; Will a New Meme Coin Follow?

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…

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The Infamous Hacker Behind the .5 Billion Theft from Bybit

The Infamous Hacker Behind the $1.5 Billion Theft from Bybit

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…

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Is Bybit Headed for Bankruptcy After .5Billion Hack?

Is Bybit Headed for Bankruptcy After $1.5Billion Hack?

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…

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Hayden Davis, Mastermind Behind 0 Million Libra Crypto scam, Reportedly Dies by Suicide

Hayden Davis, Mastermind Behind $600 Million Libra Crypto scam, Reportedly Dies by Suicide

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…

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US SEC Unveils CETU to Tackle AI, Crypto, and Cyber Fraud

US SEC Unveils CETU to Tackle AI, Crypto, and Cyber Fraud

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…

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Nigeria Sues Binance for .5B in Economic Losses and B in Unpaid Taxes

Nigeria Sues Binance for $79.5B in Economic Losses and $2B in Unpaid Taxes

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…

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Will Bitcoin mining be profitable in the US going forward?

Will Bitcoin mining be profitable in the US going forward?

The U.S. Bitcoin mining industry now supports over 31,000 jobs and injects $4.1 billion annually into the economy, a Perryman Group report reveals. Texas dominates this growth, contributing $1.7 billion and 12,200 jobs, while Georgia and New York add millions more. Further support is seen from current President Donald Trump. As he pledges to cement America as the global crypto…

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The Hidden Face Behind $Melania and $Libra Coin

The Hidden Face Behind $Melania and $Libra Coin

A storm brews in the Solana ecosystem following abrupt leadership changes and explosive allegations. Meteora co-founder Ben Chow resigned Monday amid claims of insider trading linked to the volatile $LIBRA token. Meanwhile, shadowy figures emerge, pulling strings behind meme coin chaos. With millions lost and trust eroding, the crypto community demands answers, and one name surfaces repeatedly: Hayden Davis. Meteora…

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