Gunzilla Games Web3 director says the biggest problem in blockchain gaming is the lack of “new money coming into the system.” Source: https://cointelegraph.com/news/blockchain-gaming-capital-rotation-musical-chairs-gunzilla-games-interview?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category: News
Russia’s Supreme Court Moves to Classify Crypto as Property
Russia’s Supreme Court is pushing to classify cryptocurrency as property in penal cases, aiming to strengthen law enforcement’s ability to track, freeze, and confiscate illicit digital assets. Russia’s Supreme Court Advances Crypto Legalization Efforts Russia’s Supreme Court has taken an increasingly active role in defining the legal status of cryptocurrency, with its latest efforts focusing […] Source: https://news.bitcoin.com/russias-supreme-court-moves-to-classify-crypto-as-property/
Coinbase Explains How They Beat the SEC—and What It Means for Crypto
Coinbase’s CEO says winning against the SEC was crucial to protecting U.S. crypto, accusing the agency of overreach and political intimidation. Coinbase CEO Reveals Why Standing Up to the SEC Was Essential Following the U.S. Securities and Exchange Commission’s (SEC) decision to withdraw its lawsuit against Coinbase, CEO Brian Armstrong addressed the situation, explaining why […] Source: https://news.bitcoin.com/coinbase-explains-how-they-beat-the-sec-and-what-it-means-for-crypto/
North Korea’s Lazarus Group’s Sophisticated Tactics Behind $1.46B Bybit Crypto Heist
North Korea’s Lazarus Group, a state-backed hacking collective renowned for its technical sophistication, executed the largest cryptocurrency theft in history by stealing $1.46 billion from Bybit, investigators confirmed. North Korea’s Lazarus Engineered History’s Largest Cryptocurrency Theft The Lazarus Group, a cybercrime unit linked to North Korea’s Reconnaissance General Bureau, leveraged advanced tactics to breach Bybit’s […] Source: https://news.bitcoin.com/north-koreas-lazarus-groups-sophisticated-tactics-behind-1-46b-bybit-crypto-heist/
Bybit Faces Historic Withdrawals—350K Requests and Counting
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/
SEC drops investigation into NFT marketplace OpenSea
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
Congress Pushes 5 Urgent Banking Reforms to Stop Debanking
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!
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…
Franklin Templeton Joins Growing Pile of Solana ETF Applicants
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…
From Vesting Plans to Binance Wallets: A Deep Dive into TRUMP Token’s Distribution
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/