IMF Moves to Block El Salvador’s Public Sector from Accumulating Bitcoin
The International Monetary Fund (IMF) is seeking to limit Bitcoin purchases by El Salvador as part of an expanded $1.4 billion financial agreement with the country. On March 3, the IMF formally requested an extension of its funding arrangement with El Salvador, submitting several new documents, including updates to the staff statement and a new […]
Bybit Hack: $1.4B Stolen Crypto Laundered in 10 Days
The individual behind the Bybit hack, one of the most significant thefts in crypto history, has successfully laundered the entire $1.4 billion worth of assets taken. However, there is hope that blockchain security experts may still manage to recover some of the stolen funds. On February 21, Bybit fell victim to a major hack, resulting […]
Market Mayhem Triggers $1 Billion in Crypto Liquidations
Crypto derivatives traders faced over $1 billion in liquidations within 24 hours as escalating trade tensions rattled markets, according to CoinGlass data. A staggering 87% of liquidations came from long positions, as the volatility of early March erased double-digit gains from the previous days, the data revealed. On March 4, US President Donald Trump announced […]
Binance to Remove Non-MiCA-Compliant Stablecoins in Europe by March 31
Cryptocurrency exchange Binance is set to delist multiple stablecoins within the European Economic Area (EEA) as it works to align with the Markets in Crypto-Assets Regulation (MiCA). According to a March 3 announcement, Binance will remove spot trading pairs involving nine stablecoins—including Tether’s USDT and Dai (DAI)—for EEA users on March 31 to ensure compliance […]
Trump’s Crypto Reserve Plan Faces Congressional Hurdles, Rally Could Be Short-Lived
The crypto market experienced a surge following former U.S. President Donald Trump’s announcement of a potential strategic cryptocurrency reserve. However, analysts caution that the rally may be temporary. On March 2, Trump stated that his Working Group on Digital Assets had been tasked with incorporating three altcoins—XRP, Solana (SOL), and Cardano’s ADA—into the U.S. crypto […]
Bitcoin Drops Below $90K as Crypto Market Sees $150M in Liquidations
Bitcoin (BTC) fell to $87,101 on March 3 as the Wall Street session opened, with investor sentiment rattled by U.S. trade tariff concerns. Market Awaits Trump’s “Investment Announcement” Data from TradingView showed BTC/USD sliding under $90,000, marking a 5% daily decline. Earlier in the week, optimism surrounding the idea of a U.S. strategic crypto reserve […]
Swiss National Bank Rejects Bitcoin as Reserve Asset, Citing Risks
Swiss National Bank (SNB) President Martin Schlegel has dismissed the idea of adding Bitcoin to Switzerland’s reserve assets, highlighting concerns over volatility, liquidity, and security. Schlegel’s stance contrasts with a proposal from Swiss Bitcoin advocacy group 2B4CH, which aims to amend the constitution to require the SNB to hold Bitcoin as part of its reserves. […]
Trump Announces Crypto Reserve to Feature BTC, ETH, SOL, XRP, and ADA
U.S. President Donald Trump has directed the President’s Working Group on Digital Assets to include Solana (SOL), XRP, and Cardano (ADA) in the country’s strategic crypto reserve. In a follow-up statement, Trump confirmed that Bitcoin (BTC) and Ethereum (ETH) would also be part of the reserve, emphasizing that they would form its foundation. During his […]
Bybit Hackers Resume Money Laundering, Moving Another 62,200 ETH
North Korea’s infamous Lazarus Group has continued its laundering operations, transferring another 62,200 Ether—valued at $138 million—on March 1 from the massive Bybit hack that occurred on February 21. This leaves only 156,500 ETH still to be moved, according to a well-known crypto analyst. Out of the 499,000 ETH stolen in the $1.4 billion attack, […]
SEC Commissioner Challenges Agency’s View on Memecoins
Caroline Crenshaw, a Commissioner at the US Securities and Exchange Commission (SEC), has expressed disagreement with the agency’s recent classification of memecoins as non-securities. In a statement issued on Feb. 27, Crenshaw argued that memecoins could meet the Howey test criteria for securities, particularly the requirement that profits arise from the efforts of third parties. […]