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President Trump will hold the first cryptocurrency summit at the White House on March 7 to develop a regulatory framework and support innovations in the U.S. crypto industry
President Donald Trump will hold the first cryptocurrency summit at the White House on March 7, aimed at creating a clear regulatory framework for the crypto industry and supporting innovations. Industry leaders and members of the President's Working Group on Digital Assets will gather for the event. The summit continues the focus on strengthening the U.S. position in the cryptocurrency sector, with an emphasis on developing a national cryptocurrency reserve and regulating stablecoins. A review of the previous president's decrees, which lifted restrictions on the development of digital assets, is also planned.
Deutsche Telekom MMS becomes a validator for the Injective blockchain, strengthening its position in Web3 and the cryptocurrency industry with a focus on network security and sustainability
Deutsche Telekom MMS, a subsidiary of one of the largest telecommunications giants in Europe, has become a validator for the Injective blockchain. The company will participate in transaction validation and network management, enhancing security and reliability. MMS is also actively expanding its cryptocurrency activities, having become a validator for Polygon and Celo, and is involved in Bitcoin mining using renewable energy. This partnership strengthens Web3's position in the institutional sector.
The SEC has postponed its decision on Cboe's application for the listing of options on Fidelity's Ethereum ETF until May 2, 2025, extending the review period by 60 days
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Cboe's application for the listing of options on the Ethereum ETF from Fidelity Investments. Under federal law, the SEC has up to 60 additional days after the initial 180-day period to make a final decision. This means that the decision on the listing of options on the FETH fund will not be made before May 2, 2025. Cboe filed the application on August 19, 2024, and the SEC published it for discussion on September 4, 2024.
Trump criticizes Zelensky for disrespect at the White House, cancels the signing of an important agreement, escalating tensions between the US and Ukraine amid the war with Russia
US President Donald Trump sharply criticized Ukrainian leader Volodymyr Zelensky for "disrespect" during a meeting at the White House on February 28, 2025. Due to a tense discussion, the signing of an important agreement on rare earths, which could have brought the war with Russia closer to an end, was canceled. Trump stated that he does not support either Ukraine or Russia, expressing doubts about Zelensky's readiness for peace. European leaders, including Ursula von der Leyen, expressed support for Ukraine, emphasizing the importance of Western unity.
Olumide Osunkoya was sentenced to 4 years in prison for illegal cryptocurrency activities totaling £2.5 million and violating FCA regulations in the UK
Trump Organization launches a metaverse and NFT platform project with educational and business services, with a possible launch by the end of 2025
Boerse Stuttgart has entered into a partnership with DekaBank to provide cryptocurrency trading services to institutional clients, strengthening its position in the European financial market
Hong Kong is investing 125 million USD in the development of artificial intelligence and Web3 through Cyberport, including the expansion of supercomputing capabilities and talent initiatives
Mask Network founder Sui Yang reported a theft of $4 million from his personal cryptocurrency wallet, revealing vulnerabilities in the security of mobile wallets and self-custody
The FBI accuses hackers linked to North Korea of stealing $1.5 billion from the Bybit cryptocurrency exchange to finance the country’s nuclear program
The SEC has dropped the litigation with Consensys, allowing the company to focus on the development of technologies and further support of Ethereum and MetaMask
Montana: 73-year-old Randell Ruhl found guilty of laundering $2.4 million through cryptocurrency connected to frauds and phishing
SEC closes case against Coinbase, changing approach to cryptocurrency regulation — company aims to collaborate with Congress on new legislative initiatives
The legal case in which the SEC accused Coinbase of operating an unregistered cryptocurrency exchange has been closed. The Commission has decided to change its approach to cryptocurrency regulation, announcing its intention to develop more transparent rules. This concludes a key legal battle for Coinbase, but questions about other cases remain unresolved. The company will now focus on collaborating with Congress to develop legislative initiatives aimed at creating favorable conditions for the cryptocurrency sector.
Uniswap launches a partnership with Robinhood, MoonPay, and Transak to simplify cryptocurrency-to-fiat exchange in 180 countries following the conclusion of the SEC investigation
Uniswap, the largest decentralized exchange, has partnered with Robinhood and payment platforms MoonPay and Transak to simplify the exchange of cryptocurrency for fiat. Starting February 27, users in more than 180 countries can sell cryptocurrencies and withdraw funds to their bank accounts through these services. The feature is available in the Uniswap wallet for Android and iOS, and will soon be available in the web version. This move comes after the conclusion of the SEC investigation into Uniswap Labs, marking an important victory for the DeFi sector.
The hacker laundered more than 50 percent of the stolen $1.4 billion from Bybit, using THORChain to exchange ETH for Bitcoin, which caused a sharp rise in activity on the platform
The hacker who stole $1.4 billion from Bybit has already laundered more than 50 percent of the stolen funds. According to Spot On Chain, in the last 5 days, he has laundered 266,309 ETH (about $614 million), using the THORChain platform to exchange ETH for Bitcoin. This caused a sharp rise in activity on THORChain, increasing the daily transaction volume from $80 million to $580 million. As a result, the total amount of transactions over five days reached $2.91 billion. The FBI links the attack to hackers supported by North Korea. Bybit is monitoring the laundering process and offers a reward for help in recovering the funds.
U.S. Senators have proposed a bill to protect Bitcoin ATM users from fraud with transaction limits and mandatory confirmation of operations
80-year-old Joseph Bentello became a victim of fraud after sending $5000 through a Bitcoin ATM, after being told that his son was in jail. This case led to the introduction of the "Cryptocurrency ATM Fraud Prevention Act." The bill, proposed by Senator Dick Durbin, aims to increase transaction security and protect newcomers from fraud. Among the proposed measures are transaction limits for new users and mandatory confirmation of large transactions via a call.
Best news of the last 10 days
The SEC has concluded its investigation against the crypto exchange Gemini, owned by the Winklevoss twins, without filing charges, despite significant legal costs for the company
Russian entrepreneur Alexey Andriunin has been extradited to the USA on charges of market manipulation in cryptocurrency markets and fraud with client funds
The UK introduces a bill for the seizure of cryptocurrency assets obtained through criminal means, expanding the powers of the Crown Court
Bank of America is preparing to launch a stablecoin pegged to the US dollar, awaiting legislative approval, and competing with major players in the cryptocurrency market
MetaMask expands support for fiat onramps to 10 blockchain networks, simplifying the process of exchanging cryptocurrency for traditional money and improving accessibility for beginners
MetaMask expands support for fiat onramps to 10 blockchain networks, simplifying the process of exchanging cryptocurrency for traditional money. Previously, users had to exchange assets for Ether (ETH), which added extra steps and fees. Now, thanks to the partnership with Transak, support is available for networks like Arbitrum, Avalanche, BNB Chain, Celo, Fantom, and others. This solution will improve the accessibility of cryptocurrency transactions and lower the barriers for beginners, contributing to a wider adoption of cryptocurrencies.
Pump.fun reports a hack of its X account: hackers are spreading fake tokens and threatening to delete the platform if the market capitalization reaches $100 million
The Pump.fun platform, operating on the Solana blockchain, has fallen victim to a hack. Hackers have taken over its account on X (formerly Twitter) and began spreading a fake cryptocurrency "PUMP," claiming that it is the official governance token for the platform. Soon after, they offered the token "GPT-4.5," promising to delete the account if its market capitalization reaches $100 million. Representatives of Pump.fun warned users not to interact with the hacked account and stated that an investigation into the incident is underway.
Avalanche and Rain have introduced a crypto card for payments in stores and online using cryptocurrencies (USDC, USDT, wAVAX, AVAX) through the Visa® network worldwide
Avalanche and Rain have launched the Avalanche crypto card, which allows payments in cryptocurrencies (USDC, USDT, wAVAX, and AVAX) anywhere Visa® is accepted. The card simplifies the use of cryptocurrencies by eliminating the need for multiple platforms or conversions. This product is available for international payments, providing a secure way to make transactions, especially in countries with limited access to banking services. The launch of the card supports Avalanche's goals of bringing decentralized finance (DeFi) into everyday life.
The Ethereum Foundation donated $1.25 million for the legal defense of Tornado Cash developer Alexey Percev in connection with his conviction for money laundering in the Netherlands
The Ethereum Foundation donated $1.25 million for the defense of Tornado Cash developer Alexey Percev, who is preparing for an appeal in his conviction for money laundering in the Netherlands. Percev was arrested in 2022 and sentenced in 2024, receiving a 5.5-year prison term. Grateful for the support, he noted that he can now focus on preparing for the appeal. Earlier, he also received donations from Vitalik Buterin and the cryptocurrency firm Paradigm to cover legal expenses.