A group of House Democrats has introduced a bill aimed at banning presidential-themed memecoins, arguing that these digital assets pose risks of misinformation, market manipulation, and political exploitation. The proposed legislation, revealed on Feb. 27, comes as political memecoins such as those themed around Donald Trump and Joe Biden have gained traction in the crypto
Everly Cooper
Despite a sharp 5% decline in Bitcoin’s price over just 10 hours, Metaplanet and El Salvador have doubled down on their BTC accumulation, signaling unwavering confidence in the digital asset amid heightened market volatility. Metaplanet Increases Bitcoin Holdings to 2,225 BTC As the crypto market braced for a downturn on Feb. 25, Japan-based investment firm
Metaplanet and El Salvador Buy More Bitcoin as BTC Drops 5% in 10 Hours
OX.FUN, the crypto derivatives exchange backed by Three Arrows Capital co-founder Su Zhu, has strongly denied allegations of insolvency following a viral social media claim. As tensions with JefeDAO escalate, the situation underscores the ongoing challenges in DeFi governance and project sustainability. OX.FUN Pushes Back Against Insolvency Claims In a Feb. 24 announcement, OX.FUN refuted
Su Zhu-Backed Ox.Fun Denies Insolvency Allegations Amid JefeDAO Dispute
Crypto exchange eXch has strongly denied allegations of laundering $1.4 billion in funds stolen from Bybit in what has been described as the largest crypto theft in history. The exchange insists it has no ties to North Korea’s Lazarus Group, the hacking syndicate allegedly behind the heist. eXch Responds to Accusations In a Feb. 23
Crypto Exchange eXch Denies Involvement in Laundering Bybit’s Hacked Funds
The UK government wants Apple to hand over your private iCloud data—and Ethereum co-founder Vitalik Buterin is furious. Buterin’s stance aligns with growing concerns that the move could set a dangerous precedent for mass surveillance and cyber vulnerabilities. Apple’s Compliance Sparks Privacy Backlash Apple recently disabled its Advanced Data Protection (ADP) feature for customers in
Vitalik Buterin Opposes UK Government’s Push for Apple User Data
In a major breakthrough in the aftermath of the $1.4 billion Bybit hack, mETH Protocol has successfully recovered 15,000 cmETH tokens valued at approximately $43 million from Lazarus Group, the North Korean-linked hackers behind the attack. Meanwhile, Tether has frozen $181,000, underscoring the ongoing battle against crypto exploitation and illicit fund movements. mETH Protocol Blocks
mETH Protocol Recovers $43M from Bybit Hack as Tether Freezes $181K
Cryptocurrency exchange Bybit has fully restored its withdrawal services, reassuring users after suffering what is being called the largest hack in the 15-year history of the crypto industry. Bybit CEO Ben Zhou confirmed in a Feb. 22 post on X that all pending withdrawals had been processed and that the system had returned to normal.
Bybit Withdrawals Back to Normal, Says CEO Ben Zhou
The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into OpenSea, bringing relief to the NFT sector and reinforcing the argument that NFTs should not be classified as securities. Announced by OpenSea founder Devin Finzer on Feb. 22, the decision comes just hours after the SEC dismissed its lawsuit against Coinbase, marking
SEC Closes Investigation into OpenSea – A Win for the NFT Industry?
The blockchain gaming company has slashed 40% of its workforce in the past two weeks, with CEO Kieran Warwick stating that the move aims to streamline operations and speed up development. This latest round of layoffs has reduced Illuvium’s headcount from 110 to 65, with the cuts primarily affecting marketing, operations, security, and quality assurance
Illuvium CEO: Firm Goes ‘Super Lean’ to Accelerate Development
Silk Road founder Ross Ulbricht, newly pardoned by Trump, is now calling for clemency for Roger Ver, an early Bitcoin investor facing 109 years in prison for alleged tax evasion. In a February 20 statement on X, Ulbricht called for clemency for Ver, arguing that no one should spend the rest of their life behind
Ross Ulbricht Calls for ‘Bitcoin Jesus’ Roger Ver’s Freedom Next
After months of regulatory uncertainty, Binance US has officially resumed USD deposits and withdrawals, marking a crucial moment for American crypto traders. As of February 19, 2025, eligible users can once again access fiat-related services, including bank transfers and trading pairs. The announcement signals an attempt by the exchange to reestablish itself in the United
Binance US Resumes Operations Today – What It Means for Crypto Traders
Tether, the issuer of the USDt stablecoin, is making a significant move to diversify its portfolio, setting its sights on acquiring a majority stake in South American agro-industrial giant Adecoagro. This unexpected pivot signals a new phase in Tether’s expansion beyond digital assets and into traditional industries. Tether’s Growing Stake in Adecoagro On February 18,