The U.S. Securities and Exchange Commission (SEC) is reportedly planning to cut its regional office directors, aligning with the Trump administration’s sweeping government cost-cutting measures. The move, linked to the Department of Government Efficiency (DOGE) initiative led by Elon Musk, raises serious concerns over regulatory oversight and enforcement capabilities particularly in the crypto sector. SEC’s
Rosemina J.
Rosemina is a blockchain researcher specializing in payment systems and DeFi. She discovered decentralized finance during DeFi Summer and has been deeply immersed in the space ever since. As a contributor to CoinRock, she shares her in-depth research on the latest trends, innovations, and challenges in blockchain payments and DeFi, helping readers navigate the decentralized finance landscape.
The price of Raydium’s RAY token took a sharp nosedive on Feb. 24 following speculation that Pump.fun a Solana-based memecoin launchpad is developing its own Automated Market Maker (AMM). If true, this move could disrupt Raydium’s dominance in Solana’s DeFi space, sparking concerns over liquidity shifts and market impact. Pump.fun’s Alleged AMM Testing Sends Shockwaves
Raydium (RAY) Plummets Amid Rumors of Pump.fun Testing AMM
In a major recovery milestone, Bybit CEO Ben Zhou has confirmed that the exchange has fully replenished the $1.4 billion worth of Ether (ETH) stolen in the Feb. 21 Lazarus Group hack. This announcement marks a critical step in reinforcing trust in centralized exchanges and their ability to bounce back from catastrophic cyberattacks. Bybit Restores
Bybit Closes ETH Gap After $1.4B Lazarus Hack, Says CEO
Bitcoin’s next major breakout hinges on reclaiming $106,000, a key resistance level that traders say could unlock a new wave of price discovery. As volatility grips the market, analysts warn that failing to hold crucial support could send BTC tumbling toward $85,000 before the next rally. Bitcoin Must Clear $106K to Enter Price Discovery According
Bitcoin Needs to Reclaim $106K for Next Price Surge, Say Traders
The $1.4 billion hack that rocked Bybit has sent shockwaves across the crypto industry, triggering a massive $5.3 billion exodus from the exchange. Yet, amid this turbulence, cybersecurity firm Hacken has assured users that Bybit’s reserves remain sufficient, highlighting the resilience of centralized exchanges in the face of major security breaches. Bybit Withstands the Storm
Bybit Hack Triggers $5.3B in Withdrawals as Hacken Confirms Reserves Are Strong
Bybit, one of the world’s largest cryptocurrency exchanges, has suffered a devastating security breach, with $1.4 billion in Ethereum (ETH) and staked Ethereum (stETH) drained from its cold wallets. The shocking hack, initially flagged by blockchain analysts, has sent waves of concern across the crypto industry. Founder and CEO Ben Zhou confirmed the breach on
Bybit Hacked? $1.4 Billion Vanishes in Shocking Crypto Heist!
Michael Saylor, founder of Strategy (formerly MicroStrategy), has called for the United States to acquire 20% of Bitcoin’s total supply, arguing that such a move would strengthen the dollar, enrich the nation, and potentially eliminate national debt. “There’s only room for one nation-state to buy up 20% of the network, and obviously, I think it
Michael Saylor Urges US to Hold 20% of Bitcoin Supply
Ethereum co-founder Vitalik Buterin has voiced concerns over a “moral reversal” in the crypto space, particularly around Ethereum’s stance on blockchain gambling. Speaking in a February 20 AMA (Ask Me Anything) session, Buterin pushed back against criticism that Ethereum is “intolerant” for not fully embracing blockchain-based casinos—a stance that has sparked debate over decentralization, governance,
Vitalik Buterin Warns of ‘Moral Reversal’ in Ethereum and Crypto
Elon Musk is escalating his war with the U.S. Securities and Exchange Commission (SEC), using a new government-backed entity, Department of Government Efficiency (DOGE) to to strike back at regulators. The move, which comes amid growing tensions between Musk and financial authorities, could have wide-reaching implications for crypto markets and regulatory oversight. Musk’s DOGE Targets
Elon Musk Takes Aim at SEC as DOGE Gains Attention
Federal Judge María Servini in Buenos Aires has been assigned to investigate Argentine President Javier Milei over fraud allegations linked to his brief endorsement of a now-defunct Solana-based cryptocurrency. The appointment comes after multiple fraud charges were filed on Sunday by Argentine lawyers, accusing Milei of misleading investors. A Presidential Endorsement Gone Wrong The controversy
Judge Launches Investigation Into Argentina’s President Milei Over Alleged Crypto Scam
Scammers impersonating Saudi Arabia’s Crown Prince Mohammed bin Salman have launched a fraudulent cryptocurrency, taking advantage of the growing frenzy around celebrity and politically-backed meme coins. The scheme, designed to lure unsuspecting investors, underscores the increasing risks in the digital asset space as bad actors exploit popular figures for financial gain. Fake Saudi Arabia Memecoin
Scammers Launch Fake Saudi Arabia Memecoin, Impersonating Saudi Prince
Bitcoin’s institutional acceptance is accelerating—12 U.S. states now hold a combined $330 million in Strategy stock, signaling a major shift in government-backed investment strategies According to Bitcoin analyst Julian Fahrer, California, Florida, Wisconsin, and North Carolina lead the way in exposure to Strategy stock. These investments highlight growing state-level confidence in Bitcoin, with Strategy holding