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Texas Strategic Bitcoin reserve bill advances to Senate floor

BTC strategic reserve legislation at the state level might prompt the US government to adopt a strategic reserve at the federal level.

Published on: February 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin futures and spot ETF traders capitulate as BTC looks for a bottom

Spot Bitcoin ETF outflows reached $3.4 billion in February, but one analyst says multiple data points suggest BTC is on the verge of a price reversal.

Published on: February 27, 2025 | Source: Cointelegraph favicon Cointelegraph

SEC agrees to dismiss enforcement case against Consensys

The US Securities and Exchange Commission (SEC) has agreed in principle to dismiss its securities enforcement case against Consensys, according to a Feb. 27 statement. Once final approvals are secured, the SEC will file a stipulation with the court to formally close the case. The resolution follows Consensys’ commitment to contest the allegations. Consensys CEO […] The post SEC agrees to dismiss enforcement case...

Published on: February 27, 2025 | Source: CryptoSlate favicon CryptoSlate

Utah One Vote Away, But Some States Fail to Break Through on Crypto Stakes

Five states' crypto efforts faltered as Texas advances and Utah nears a final vote, leaving the state-level push for digital asset reserves with mixed results.

Published on: February 27, 2025 | Source: CoinDesk favicon CoinDesk

Crypto Trading Platform BitMEX Is Looking for a Buyer: Sources

BitMEX appointed boutique investment bank Broadhaven late last year to assist with the sales process, according to sources.

Published on: February 27, 2025 | Source: CoinDesk favicon CoinDesk

SEC Plans to Drop Enforcement Suit Against ConsenSys’ MetaMask, CEO Joe Lubin Says

The SEC accused the company’s wallet tool of being an unregistered securities broker.

Published on: February 27, 2025 | Source: CoinDesk favicon CoinDesk

Ethereum's Pectra Upgrade Still on Schedule After Test Failure: 'People Are Watching'

After the Holesky testnet failed to finalize on Monday, Ethereum devs are still pushing forward with the next Pectra dress rehearsal, Sepolia, on March 5.

Published on: February 27, 2025 | Source: Decrypt favicon Decrypt

SEC agrees to drop Consensys lawsuit

The SEC is dropping its enforcement actions against crypto firms in an apparent regulatory pivot following new leadership at the regulator.

Published on: February 27, 2025 | Source: Cointelegraph favicon Cointelegraph

US Congressman pushes MEME Act to ban officials potentially profiting from memecoins

US Democratic Congressman Sam Liccardo introduced a bill on Feb. 27 to prevent government officials and their families from profiting from cryptocurrencies, including memecoins. The proposed legislation, known as the Modern Emoluments and Malfeasance Enforcement (MEME) Act, has gained support from multiple Democratic colleagues and is designed to β€œmake corruption criminal again.” If passed, the […] The post US...

Published on: February 27, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin could hit $500K before Trump leaves office β€” Standard Chartered

Standard Chartered’s head of digital assets research believes BTC will hit $200,000 this year and $500,000 before President Trump concludes his second term.

Published on: February 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Ethereum Software Firm Consensys Says SEC Plans to End Lawsuit

Consensys, the firm behind Ethereum software like MetaMask and the Linea network, says the SEC intends to end its case against the company.

Published on: February 27, 2025 | Source: Decrypt favicon Decrypt

The crypto exchange listing conundrum continues: Why newly listed tokens keep crashing

Token listing announcements stir up hype, but data shows a majority of tokens sell-off once listed.

Published on: February 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin’s steep decline fueled by short-term holders

Bitcoin’s price dropped to $86,000 on Feb. 27 after struggling to maintain support at $88,000 for the past two days. The sudden price drop caused a swift and aggressive reaction across the market, with everyone from institutions to derivatives traders suffering losses. Despite the significantly larger size of the derivatives market, the spot market seems […] The post Bitcoin’s steep decline fueled by short-term holders...

Published on: February 27, 2025 | Source: CryptoSlate favicon CryptoSlate

Blackbird, Blockchain Restaurant Loyalty App, Goes Live With Flynet Mainnet

Blackbird’s layer-3 mainnet, Flynet, is built on Coinbase’s Base chain. The team claims that building a layer-3 for its program benefits the restaurant industry because it eliminates middlemen and reduces transaction costs.

Published on: February 27, 2025 | Source: CoinDesk favicon CoinDesk

Olas' Mech Marketplace Enables AI Agents to Hire Each Other for Help

Crypto and AI firm Olas is making it easier for AI agents to collaborate.

Published on: February 27, 2025 | Source: CoinDesk favicon CoinDesk

Illicit Crypto Volume in 2024 Hit a Record $40B in 2024: Chainalysis

Criminals are no longer using BTC, but instead choosing stablecoins, the report revealed.

Published on: February 27, 2025 | Source: CoinDesk favicon CoinDesk

U.S. Treasury's New Crypto Point Person Says Stablecoin Law a Good First Goal

Tyler Williams, an ex-industry lawyer hired as crypto counselor for Treasury Secretary Bessent, said there's a ton of inside work to be done in the department.

Published on: February 27, 2025 | Source: CoinDesk favicon CoinDesk

UK lawmakers advance bill to strengthen crypto seizure powers

UK legislators are advancing a new bill designed to enhance law enforcement’s ability to confiscate crypto linked to criminal activities. TheCrime and Policing Bill is currently being reviewed in the House of Commons and is at its second reading stage. The proposed law tackles several criminal justice concerns, including public order offenses, terrorism, sexual crimes, […] The post UK lawmakers advance bill to...

Published on: February 27, 2025 | Source: CryptoSlate favicon CryptoSlate

Crypto for Advisors: DeFi and On-chain Finance

Will 2025 drive growth in the adoption of yield-bearing assets like staking, liquid staking, restaking and liquid restaking in DeFi?

Published on: February 27, 2025 | Source: CoinDesk favicon CoinDesk

Russia delays digital ruble CBDC launch, extends pilot phase indefinitely

Russia’s central bank has postponed the full-scale launch of its digital ruble project indefinitely, according to a report from local media outlet TASS. Russia’s central bank began testing its digital currency in August 2023 with a limited pilot program. The initiative involved 12 banks and around 600 employees, who tested wallet functionalities, transfers, and automated […] The post Russia delays digital ruble CBDC...

Published on: February 27, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin retreats to $85K as US confirms March Canada, Mexico tariffs

Bitcoin halts a BTC price relief rally amid news that the US will go ahead with tariffs against both Canada and Mexico as planned, beginning in early March.

Published on: February 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Pump.fun X hack reveals security concerns at critical juncture for memecoins

Pump.fun’s X account was compromised by hackers who promoted a fake governance token β€” raising questions about memecoin regulation and security.

Published on: February 27, 2025 | Source: Cointelegraph favicon Cointelegraph

The end of net neutrality: A wake-up call for a decentralized internet

As net neutrality faces renewed threats, decentralized internet infrastructure emerges as a promising solution to safeguard digital freedoms and ensure equal access for all.

Published on: February 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Andrew Tate DADDY Solana Meme Coin Jumps 78% as He Leaves Romaniaβ€”Thanks to Trump

Solana meme coin DADDY has spiked following reports that Andrew Tate is flying to America, after being held in Romania since 2022.

Published on: February 27, 2025 | Source: Decrypt favicon Decrypt

Crypto Holds as TradFi Sinks on Latest Trump Tariff Threat

Already having posted sharp losses over the past days, the price of bitcoin held about steady following the news.

Published on: February 27, 2025 | Source: CoinDesk favicon CoinDesk

CoinDesk 20 Performance Update: Avalanche (AVAX) Surges 8.2% as All Assets Rise

Polkadot (DOT) was also a top performer, gaining 8.1% from Wednesday.

Published on: February 27, 2025 | Source: CoinDesk favicon CoinDesk

Bittensor App Gets Hack Risk Cover From Nexus Mutual-Backed Insurance Firm Native

Team Rizzo, which operates Bittensor subnets and validator services, has snagged $25 million in on-chain cover from Native, a digital asset insurance specialist.

Published on: February 27, 2025 | Source: CoinDesk favicon CoinDesk

Suspicious outflows detected from wallet linked to Mask Network founder

According to Cyvers Alerts, Mask Network founder Suji Yan’s account is suspected of being hacked as a suspicious address received almost $4 million worth of cryptocurrency.

Published on: February 27, 2025 | Source: Cointelegraph favicon Cointelegraph

PayPal-Backed Raise Secures $63M to Expand Blockchain-Based Gift Card System

The company aims to bring digital gift cards on-chain, turning them into a β€œprogrammable retail currency.”

Published on: February 27, 2025 | Source: CoinDesk favicon CoinDesk

'Nyan Heroes' Plots Epic Games Store Return With New Hero, Map and Mode

Nyan Heroes, which has assets and a token on Solana, will launch its next Epic Games Store playtest in March with additional airdrop rewards.

Published on: February 27, 2025 | Source: Decrypt favicon Decrypt

House Democrats propose bill to ban presidential memecoins: Report

California Democratic Party Representative Sam Liccardo is preparing to introduce the MEME Act, which would ban the issuance of memecoins like TRUMP by public officials.

Published on: February 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin's Price Sell-Off Puts Focus on November's 'Runaway Gap' Below $80K in CME Futures

"Historically, CME gaps are filled eventually," one analyst said.

Published on: February 27, 2025 | Source: CoinDesk favicon CoinDesk

South Korea’s BDACS to Use Ripple Custody for Institutional XRP, RLUSD Holdings

The collaboration aims to bolster Ripple’s ecosystem, enhance RLUSD adoption, and tap into Korean port city Busan’s blockchain-friendly economic zone.

Published on: February 27, 2025 | Source: CoinDesk favicon CoinDesk

'Crazy Evil' Hackers Create Fake Web3 Firm, Drain Job Seekers’ Crypto Wallets

Applicants were duped into installing a custom-made virtual meeting software, GrassCall, which would inject malicious software.

Published on: February 27, 2025 | Source: Decrypt favicon Decrypt

Crypto Daybook Americas: Bitcoin's Bloodbath β€” Buy the Dip or Panic?

Your day-ahead look for Feb. 27, 2025

Published on: February 27, 2025 | Source: CoinDesk favicon CoinDesk