Crypto phishing losses continued their downward trend for the third consecutive month in February, falling 48% to $5.32 million from $10.25 million in January and $23.58 million in December, according to ScamSniffer data. In a March 5 X thread, the blockchain security platform reported that 7,442 victims fell prey to ...
South Korean regulators are intensifying efforts to prevent financial crimes and strengthen the integrity of the nation's financial system, particularly in the rapidly evolving crypto landscape. The country's Financial Intelligence Unit (FIU) is reportedly tightening anti-money laundering (AML) regulations by strengthening oversight of crypto transactions. Local news outlet Wow TV ...
Upbit has announced the listing of KAITO, an AI-powered digital asset, for trading against South Korea's won, Bitcoin, and Tether’s USDT. The exchange stated that deposits for KAITO would open within two hours of the announcement, making them available by 5:47 AM KST on March 5, with trading set to ...
Russia is considering launching an experimental cryptocurrency trading platform for “super-qualified” investors as a way of providing a controlled framework for digital asset transactions. According to state news agency Interfax, Aleksey Yakovlev, head of the Ministry of Finance’s financial policy department, confirmed that discussions are underway to establish the initiative. ...
Chris Burniske, co-founder of Placeholder, sees the recent crypto downturn as a natural market correction rather than the end of the bull cycle. He argues that while fears of further declines persist, similar doubts have accompanied every major market bottom in crypto history. Burniske believes many investors are capitulating at ...
Samson Mow, CEO of Jan3Com, has weighed in on U.S. President Donald Trump’s recent proposal for a Strategic Bitcoin/Crypto Reserve, casting doubt on whether altcoins like XRP, Solana (SOL), Cardano (ADA), and Ethereum (ETH) will be included. Trump recently stated that he would direct a working group to move forward ...
The U.S. Securities and Exchange Commission (SEC) has announced the formation of a Crypto Task Force and a series of roundtables to address key regulatory concerns in the cryptocurrency industry. The “Spring Sprint Toward Crypto Clarity” initiative will begin on March 21 with an inaugural session titled “How We Got ...
Crypto traders are reducing long positions amid growing market uncertainty, influenced by escalating trade war concerns and the Federal Reserve's firm stance. This has led to a notable decline in futures open interest, indicating a shift in investor sentiment. A report from Matrixport highlights a significant drop in open interest ...
U.S. President Donald Trump has unveiled plans to establish a Crypto Strategic Reserve to position the United States as a global leader in digital assets. The reserve will include Bitcoin, Ethereum, XRP, Solana, and Cardano, which immediately triggered a surge in cryptocurrency prices. In a series of posts on Truth ...
Cryptocurrency hacks surged in February 2025, with losses reaching $1.53 billion—an 18-fold increase from the same period last year. According to a report from security firm Immunefi, the total losses for the year now stand at approximately $1.6 billion, already exceeding the entire amount recorded in 2024. The report revealed ...
