Bybit scrambled to process over 350,000 withdrawal requests after a massive hack, with executives calling it possibly the worst financial breach ever. Bybit in Crisis Mode—350,000 Withdrawals Flood the System Ben Zhou, CEO of crypto exchange Bybit, provided an update on social media platform X on Feb. 21 regarding the company’s response to a recent […] Source: https://news.bitcoin.com/bybit-faces-historic-withdrawals-350k-requests-and-counting/
OpenSea founder Devin Finzer announced that the SEC is closing its investigation into the NFT platform, calling it “a win for everyone” in the industry. Source: https://cointelegraph.com/news/sec-closes-investigation-nft-platform-opensea?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Lawmakers are demanding urgent FDIC action to end “debanking,” warning that unchecked regulatory power threatens financial access and could be weaponized against lawful businesses. 5 Recommendations to End ‘Debanking’: Congress Pressures FDIC to Act Now House Financial Services Committee Chairman French Hill, along with Representatives Dan Meuser, Andy Barr, and Bryan Steil, have urged the […] Source: https://news.bitcoin.com/congress-pushes-5-urgent-banking-reforms-to-stop-debanking/
Altcoins begin to Send, SEC to drop Coinbase Lawsuit, KAITO & IP soar! BTC nears $100k, ETH continues to outperform. Altcoins start to send as meme activity fades. SEC lawsuit vs Coinbase set to be dropped. 1m BTC reserve may offset $21T debt: VanEck. US will buy 4.2m BTC for reserves: Saylor. Arizona BTC reserve bill heads to Senate. Utah…
Add Franklin Templeton to the list of asset managers seeking approval for exchange-traded funds tracking the ongoing price of Solana. The issuer on Friday afternoon filed an S-1 prospectus with the Securities and Exchange Commission for a Franklin Solana ETF. “The Fund seeks to reflect generally the performance of the price of Solana,” the firm said in its filing. San…
More than a month after Donald Trump, the 47th U.S. president, launched his meme-inspired TRUMP token, the Solana-based crypto asset continues to glitter in the top 50 rankings. A lively 709,835 unique wallets now hold the token, sparking curiosity about its biggest holders and how this newly launched digital offering is distributed. Let’s peek at […] Source: https://news.bitcoin.com/from-vesting-plans-to-binance-wallets-a-deep-dive-into-trump-tokens-distribution/
SuperGaming, an Indian game developer that has attracted more than 200 million players to date, is teaming with blockchain gaming ecosystem B3 to launch a dedicated gamechain, the companies announced this week. The collaboration will allow SuperGaming to bring its games onto the blockchain, all while maintaining a unified gaming environment where players can move seamlessly between different games. B3…
Bitget Wallet has integrated decentralized lending protocol Aave to allow users to stake USDT and USDC across five blockchain networks while retaining self-custody of assets. Aave Integration Enables Cross-Chain Stablecoin Staking on Bitget Wallet Bitget Wallet has integrated decentralized lending protocol Aave to allow users to stake USDT and USDC across five blockchain networks while […] Source: https://news.bitcoin.com/bitget-wallet-adds-aave-integration-for-multi-chain-stablecoin-staking/
The Securities and Exchange Commission has agreed to drop its legal case against Coinbase, the exchange said Friday, pending approval by the regulator’s commissioners. But it’s just one of several actions the agency has taken since the inauguration of President Donald Trump to deepen its crypto-friendly tone shift. Coinbase CEO Brian Armstrong said Friday that the SEC had agreed to…
Newly launched funds holding Bitcoin and Ether have so far seen scant interest from investors. Source: https://cointelegraph.com/news/us-crypto-index-etfs-off-to-slow-start-first-days-listing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
