Author: Yeek.io
Journalist Posted: February 28, 2025 SEC dismissed Coinbase’s lawsuit and dropped MetaMask investigation. A policy watcher said Ripple’s case was ‘complicated’ and would take time. On the 27th of February, the U.S. SEC commissioners approved the dismissal of the Coinbase exchange lawsuit. Additionally, the lawsuit was dismissed ‘with prejudice,’ meaning a new administration can’t bring it back. Source: X This wasn’t surprising, given that Coinbase CEO Brian Armstrong revealed that the case dismissal was likely last week. Now, the Trump-era SEC has dismissed or dropped crypto lawsuits against OpenSea, Robinhood, Unsiwap[UNI], Gemini, and Coinbase. What’s up with Ripple? The Metamask…
The digital asset arm of a major German stock exchange, Boerse Stuttgart, is assisting the local investment bank DekaBank in providing cryptocurrency trading services to its institutional clients.Boerse Stuttgart Digital will provide its regulated infrastructure to enable DekaBank to start its crypto offering, which is exclusively aimed at institutional clients, the firm said in an announcement shared with Cointelegraph on Feb. 28.“With our fully regulated brokerage solution, DekaBank can seamlessly provide secure and reliable access to crypto trading,” Boerse Stuttgart Digital said in a statement on its LinkedIn page.Boerse Stuttgart Digital announced a partnership with DekaBank on Feb. 28. Source:…
On-chain data shows the large Bitcoin holders are capitalizing on the lower prices as they have switched to accumulating again. Bitcoin Whales Are Now In Net Buying Mode According to data from the market intelligence platform IntoTheBlock, the Large Holders are buying BTC right now. The on-chain indicator of relevance here is the “Large Holders Netflow,” which keeps track of the net amount of the asset that’s entering into or exiting out of the wallets associated with Large Holders. The analytics firm defines ‘Large Holders’ as the entities that are carrying at least 0.1% of the cryptocurrency’s entire supply in…
According to Ethereum’s co-founder Vitalik Buterin, while theft is often discussed in crypto security, many people also lose significant amounts of crypto due to negligence and accidents, and wallet solutions must address these risks as well. In his recent post on X, Vitalik Buterin brought the crypto community’s attention to the fact that many people lose their crypto through actual loss (due to forgotten passwords, software bugs, or lost devices) rather than theft. While conversations about crypto fraud have been rife, particularly in the wake of the $1.5 billion theft from Bybit (although the exchange fully covered the loss through…
Despite a downtrend in the cryptocurrency market, some digital assets are showing remarkable strength. Tokens like SEI, TIA, and XYZ are holding steady, defying negative trends. Could these assets become the leading cryptocurrencies of the future? An exploration of their potential reveals what sets them apart in a challenging market.XYZ’s Meteoric Rise: The Meme Coin Fighter Taking Over the Crypto ArenaXYZVerse isn’t just another meme coin—it’s the next heavyweight champion. Crowned Best NEW Meme Project, it fuses the adrenaline of sports with meme culture, drawing in a tidal wave of fans eager to be part of something massive.Every legend has…
Homepage > News > Business > Crypto’s largest heist part 2: The billion-dollar hunt The frantic hours following Bybit’s announcement of a billion-dollar hack felt more like days. Word spread like wildfire across social media: Lazarus Group, the infamous North Korean state-sponsored hacking collective, was suspected of orchestrating the audacious theft. Overnight, Bybit became the epicenter of the largest known crypto heist in history, and the industry watched its every move. For outsiders, the hack was both a technological marvel and a sobering lesson in security vulnerabilities. Even revered protections like multi-signature wallets had proven fallible. The attackers exploited trust,…
Vanar, an L1 blockchain known for low cost and high speed, has joined forces with WorldPay to develop high-speed and low-cost transaction solutions. WorldPay handles annual transaction volumes of over $2.3 trillion. The integration aims to combine two major modern technologies, AI and blockchain, to improve Web3 financial services and proposes new possibilities in the field of digital payments and DeFi. We’re thrilled to announce that Worldpay, a titan in finance handling $2.3T+ in annual transactions, is partnering with @Vanarchain to push the boundaries of AI innovation, PayFi and more!I! 🌍💳Together, we’re setting a new standard for Web3 finance—one built…
MORPHO crypto surged up to 20% on Feb. 28 despite a risk-off sentiment in the broader crypto market. However, technical indicators have turned bearish for the altcoin, suggesting a potential pullback is on the horizon. Morpho (MORPHO) soared to an intraday high of $2.44 on Friday, marking a 35% rise from its weekly low and bringing its market cap to nearly $500 million as of press time. The recent price rally was accompanied by a surge in trading activity, with daily trading volume doubling from the previous day to over $94 million. Founded in 2021, Morpho is a decentralized, noncustodial…
The cryptocurrency market is bleeding on Feb. 28, with the total market capitalization dropping by 6.4% to about $2.65 trillion.24-hour performance of large-cap cryptocurrencies. Source: Coin360Several concrete factors have contributed to the latest drop in crypto prices, including:Over $200 billion was wiped off the crypto market in 24 hours as US tariff wars escalated.Investors are risk-off amid the continued correlation between US equities and crypto assets.Stiff resistance at 50-weekly SMA could stifle recovery efforts.Bitcoin leads the market slumpThe crypto market sank deeper during the early Asian trading hours on Feb. 28 and US US tariffs plunged investors into a risk-off…
Base, the Layer 2 scaling solution for Ethereum, has introduced three new features to improve its transaction speeds, increase scalability, and make it simpler to use. For speed, Base introduced flashblocks technology, which reduces block time from 2 seconds to just 200 milliseconds. Developers can start testing this feature on the Base Sepolia testnet today, and they will be rolled out on the mainnet in Q2. For scalability, Base launched app chains, layer-3 chains designed for apps that need to scale efficiently. They provide dedicated blockspace and are built with the op-enclave framework, making them suitable for high-traffic applications. Appchains…