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North Korea has reportedly become one of the largest state holders of Bitcoin, following the substantial cyber heist targeting the crypto exchange Bybit. On February 21, 2025, the notorious North Korean hacking collective known as the Lazarus Group executed a sophisticated attack on Bybit, resulting in the theft of approximately $1.5 billion in various cryptocurrencies,
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Cryptocurrency exchange-traded products (ETPs) witnessed $1.7 billion in outflows last week, marking the fifth consecutive week of investor pullback. According to CoinShares, this ongoing streak has extended to 17 days—the longest recorded since 2015. Despite this bearish trend, total year-to-date inflows remain slightly positive at $912 million, showing mixed investor sentiment. Bitcoin ETPs bore the
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Apparent demand for Bitcoin (BTC) has reached its lowest point in 2025, entering negative territory as traders and investors adopt a cautious stance toward risk-on assets due to prevailing macroeconomic uncertainties. According to CryptoQuant’s Bitcoin Apparent Demand metric, demand for Bitcoin dropped to negative 142 on March 13. This metric had remained positive since September
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A California resident has been sentenced to 87 months in federal prison for using Bitcoin to launder proceeds from dark web MDMA sales. John Khuu, 29, of San Francisco, orchestrated an operation that imported MDMA from Germany and sold it across multiple dark web marketplaces, accepting Bitcoin as payment. According to authorities, Khuu converted Bitcoin
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The Web3 gaming industry is witnessing a resurgence as Axie Infinity, one of the most popular blockchain-based games, introduces a new title. At the same time, luxury conglomerate LVMH faces legal trouble over NFT patents. These recent developments mark a note of resurgence in an NFT space that has seen a critical decline in trade
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Turkey is tightening its grip on cryptocurrency regulations by introducing a comprehensive framework for crypto asset service providers (CASPs). On 13 March, the Capital Markets Board (CMB), the country’s primary financial watchdog released two key regulatory documents outlining new licensing requirements and operational standards for crypto exchanges, custodians, and wallet service providers. The new framework
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South Korea is taking a major step toward integrating institutional investors into its cryptocurrency market. The Financial Services Commission (FSC) has announced plans to introduce a regulatory framework allowing corporations and professional investors to participate in crypto trading. The move is expected to bring increased liquidity, reduced volatility, and greater legitimacy to the digital asset
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A major regulatory breakthrough may be on the horizon as reports indicate that the longstanding legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is nearing its final stages. According to FOX Business journalist Eleanor Terrett, sources close to the matter suggest that the case is currently “in the process of
Market News
Global financial markets experienced a notable uptick following Ukraine’s agreement to a U.S.-proposed 30-day ceasefire in its ongoing conflict with Russia. This development, coupled with a de-escalation in U.S.-Canada trade tensions, has bolstered investor sentiment, leading to significant gains across various asset classes, including cryptocurrencies. On March 11, 2025, Ukraine consented to a 30-day ceasefire
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Michael Saylor’s Strategy, the largest corporate holder of Bitcoin, has unveiled plans to raise to $21 billion in fresh capital as part of its continued aggressive Bitcoin accumulation strategy. On March 10, the firm announced a new sales agreement allowing it to issue and sell shares of its 8% Series A perpetual preferred stock, aiming
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Binance has permanently banned a market maker involved in manipulative activities surrounding GoPlus Security (GPS) and MyShell (SHELL) tokens. The decision follows an internal investigation that revealed violations of Binance’s market-making policies, including failure to maintain balanced buy and sell orders and insufficient liquidity provision. In a statement released Sunday, Binance announced that it had
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Volatility Shares, a firm recognized for its innovative exchange-traded fund (ETF) offerings, has submitted filings for three distinct XRP-focused ETFs in a bid to expand investment opportunities tied to the digital asset. The proposed funds include a spot XRP ETF, a 2x leveraged XRP ETF, and an inverse -1x XRP ETF, each designed to cater
