The Arizona Senate took a significant step toward modernizing state finance by advancing two crypto reserve bills that could lead to state-managed digital asset funds on Feb. 27. Lawmakers have argued that creating a dedicated crypto reserve prepares Arizona for an inevitable federal regulatory framework and positions the state to harness emerging financial technologies to…
As discussions around crypto fraud intensify following the recent $1.5 billion Bybit hack, Ethereum co-founder Vitalik Buterin is urging the industry to recognize another major risk. According to him, while much attention is given to preventing theft, not enough is done to protect people from accidental loss due to user errors. Accidental Crypto Loss Remains…
The top two digital assets — Bitcoin and Ethereum — are set to close one of their worst months in years this February, with both experiencing double-digit losses. Data from Coinglass shows that Bitcoin has dropped by around 20% this month, marking its steepest decline since June 2022, when it plunged by more than 30%.…
Thorchain, the interoperability-focused decentralized exchange protocol, is losing key developers as internal disagreements escalate over how to handle illicit funds flowing through the network. The issue gained urgency after reports confirmed that North Korea’s Lazarus Group has been using the protocol to launder Ethereum (ETH) stolen in the recent Bybit hack. Developers Look to Quit…
Ukraine is advancing efforts to legalize crypto, with lawmakers expected to vote on a long-awaited bill in the coming months, local media reported on Feb. 28. However, uncertainty remains over how digital assets will be taxed, a key issue that could impact the country’s growing crypto sector. Ukraine is exploring a crypto tax rate between 5%…
TL;DR Ronaldinho alerted the crypto community about fake meme coins using his name, denying any official token launch. The football icon’s past alleged involvement in the “18kRonaldinho” crypto scam, which supposedly defrauded investors of over $60 million, adds skepticism to his latest announcement. ‘Keep an Eye for Fake Meme Coins’ The meme coin sector has…
BlackRock incorporated Bitcoin (BTC) into its $150 billion model-portfolio offerings through its iShares Bitcoin Trust ETF (IBIT) exchange-traded fund (ETF), Bloomberg News reported on Feb. 28. The asset manager has assigned 1% to 2% of its target allocation portfolios to IBIT. As of Dec. 17, the fund registered over $36 billion in net flows, amassing…
[PRESS RELEASE – Dubai, United Arab Emirates, February 28th, 2025] XYZVerse, a cryptocurrency project that combines elements of sports and meme coins, has raised over $8 million in its presale ahead of the token generation event scheduled for Q2 2025. Nearly $1 million was raised in the past week alone, according to the project’s announcement.…
The pullback across the crypto market is continuing today, with Bitcoin down nearly 4%. Other major tokens have fared even worse—Ethereum is down nearly 7% and XRP has fallen 4%. The wave of selling has led crypto whales and major investors to flee from their top token holdings, kicking off even more selling and driving…
As the crypto markets dropped after Bybit’s recovery from the largest crypto theft in history, sentiment has turned overwhelmingly bearish and caused major dips to continue through the following week. Bitcoin ($BTC) fell around -20% in the final week of February, while Ethereum ($ETH) was hit by drops totalling -26%. The price of Solana ($SOL)…