Blockchain & Digital Assets

February 26, 2025 @ 10:38 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has apparently closed another investigation pursuing a digital asset entity.  According to Uniswap Labs, the SEC has given notice that it will close the action after the multi-year investigation into its activities. Uniswap received a Wells Notice in the… Read More

February 26, 2025 @ 9:20 am By Omar Faridi  |  

On Friday, February 21, 2025, the cryptocurrency ecosystem was rocked by one of the largest hacks in its history: a meticulously executed theft of nearly $1.5 billion worth of Ethereum tokens (and some other cryptocurrencies) from Bybit, a prominent crypto exchange. Although many of these… Read More

February 26, 2025 @ 9:18 am By Omar Faridi  |  

TRM Labs, the enabler of blockchain intelligence solutions, announced an expanded use case for its Wallet Screening solution, enabling fraud prevention teams at FIs and crypto exchanges to be able to “proactively” block fraudulent crypto transfers prior to funds actually leaving customer accounts. With fraudsters… Read More

February 26, 2025 @ 8:23 am By Omar Faridi  |  

Global Dollar Network, an open network designed to accelerate and reward global stablecoin adoption, announced that Global Dollar (USDG) is now available on the Solana blockchain. This expansion reportedly brings the benefits of a stablecoin that offers “fast, low-cost, 24/7 transactions and reward-sharing for network… Read More

February 26, 2025 @ 8:22 am By Omar Faridi  |  

American Express (NYSE: AXP) and Alipay announced a feature aimed at enhancing payment convenience for travelers in China. Eligible global American Express Card Members can link their Cards to the Alipay digital wallet, enabling payments at merchants across the Chinese mainland. This initiative simplifies transactions… Read More

February 25, 2025 @ 4:04 pm By JD Alois  |  

Canada has struggled in recent years due to a moribund economy, high taxes, and expensive housing. While political changes are just down the road, for most people a change in government cannot come soon enough. Perhaps in response to a challenging economic environment, Canadians are… Read More

February 25, 2025 @ 9:34 am By JD Alois  |  

During the Biden Administration, digital assets were regulated by enforcement as the Securities and Exchange Commission (SEC) refused to provide regulatory clarity for firms engaged in the trading and issuance of crypto. In effect, the SEC told platforms and issuers to come in and register… Read More

February 25, 2025 @ 7:37 am By Omar Faridi  |  

Copper noted that on Friday, 21 February 2025, the digital assets industry witnessed one of the largest centralized exchange security breaches in history, affecting Bybit. As the situation developed, Copper’s Security and Financial Risk teams closely monitored events and “took necessary precautions to protect client assets and minimize… Read More

February 25, 2025 @ 7:33 am By Omar Faridi  |  

Kaspersky Global Research & Analysis Team (GReAT) discovered hundreds of open source repositories with multistaged malware targeting gamers and crypto investors within a new campaign that was dubbed by Kaspersky as GitVenom. The infected projects include an automation instrument for “interacting with Instagram accounts, a… Read More

February 24, 2025 @ 12:08 pm By JD Alois  |  

ByBit, one of the largest crypto exchanges in the world, may now claim to be the victim of the largest crypto hack ever, with over $1.5 billion in value. ByBit is a centralized exchange, which one crypto executive says is emblematic of why a “CEX”… Read More

February 24, 2025 @ 11:22 am By JD Alois  |  

ByBit, one of the largest crypto exchanges in the world, is reporting that it has recovered pilfered funds. In a statement today, the company stated they had “restored reserves levels to a 1:1 ratio for in-scope digital assets within 72 hours following a major incident… Read More

February 24, 2025 @ 10:41 am By Omar Faridi  |  

The cryptocurrency market in early 2025 has already seen significant developments, as revealed in Gemini’s recent industry update. From Ethereum’s ETF resurgence to corporate Bitcoin accumulation and a revival in the NFT market, the research report from Gemini indicates that the crypto industry is growing… Read More

February 24, 2025 @ 10:40 am By Omar Faridi  |  

Nansen is integrating HyperEVM to provide real-time blockchain analytics, enabling users to track network activity, monitor adoption trends, and make data-driven decisions. Nansen is expanding its blockchain analytics coverage by integrating HyperEVM, providing traders, developers, and investors with real-time insights into the HyperEVM ecosystem. This… Read More

February 24, 2025 @ 8:30 am By JD Alois  |  

Formerly known as MicroStrategy, Strategy (NASDAQ:MSTR) has announced that it has sold debt for approximately $1.99 billion, after fees, and used the money to purchase Bitcoin (BTC). The company rebranded as Strategy this month (February 2025). The company said it had purchased 20,356 Bitcoin at… Read More

February 24, 2025 @ 7:55 am By Omar Faridi  |  

The cryptocurrency market in 2024 witnessed significant shifts in trading volumes among centralized exchanges (CEXs), as detailed in CoinGecko’s latest research report, “Largest Centralized Crypto Exchanges, 2020 – 2024.” The research study, analyzing spot trading volumes from the time period between January 1 to December… Read More

February 23, 2025 @ 7:48 pm By Omar Faridi  |  

Taurus SA, a global enabler of digital asset infrastructure, is announcing the publication of an open-source confidential token standard for debt and equity tokenization in collaboration with the Aztec Foundation. This initiative marks a step forward in enabling FIs to issue tokenized versions of financial… Read More

February 23, 2025 @ 5:22 pm By Michael Wong  |  

Vietnam’s Ministry of Finance (MoF) has opposed a proposal by the Ministry of Planning and Investment (MPI) to allow cryptocurrency and digital asset transactions in financial centers starting July 1, 2026, citing the need for further research and regulatory development. The MoF’s stance was outlined… Read More

February 22, 2025 @ 6:02 pm By Tony Zerucha  |  

The recent $LIBRA memecoin debacle is the latest in a long list of lessons in how the cryptocurrency industry needs to shape up if it is to see more widespread acceptance. Chris Chung, founder of Solana-based swap platform Titan, said the crypto industry must call… Read More

February 22, 2025 @ 5:56 pm By Omar Faridi  |  

Prediction markets, led by Polymarket, are becoming known for their ability to cut through “bias, misinformation, and noise”—offering real-time, skin-in-the-game predictions that are more “reliable, wide-ranging, and decentralized.” As prediction markets grow in popularity, we need oracles that are more adept at “verifying natural language… Read More

February 22, 2025 @ 5:55 pm By Michael Wong  |  

Hong Kong is mulling over the approval of new cryptocurrency and virtual assets products, including derivatives and margin lending, for select investors, as the city seeks to bolster its position as a regional digital assets hub. The move, outlined by Securities and Futures Commission (SFC)… Read More