Business

Turkish digital financial institution Bankpozitif to debut crypto custody with Taurus

[ad_1] Turkish digital financial institution BankPozitif is about to launch cryptocurrency custody companies in collaboration with Swiss crypto platform Taurus, making it the newest monetary establishment in Turkey to embrace digital property.On March 4, BankPozitif introduced a strategic partnership with Taurus, enabling its institutional purchasers to retailer crypto property with the financial institution.The service is predicted to be rolled out by June 2025 and can initially characteristic help for the
BLOCKCHAIN

Bybit hacker launders 100% of stolen $1.4B crypto in 10 days

[ad_1] The Bybit exploiter has laundered 100% of the stolen funds after staging the largest hack in crypto historical past, however a number of the funds should still be recoverable by blockchain safety consultants.On Feb. 21, Bybit was hacked for over $1.4 billion value of liquid-staked Ether (STETH), Mantle Staked ETH (mETH) and different ERC-20 tokens, ensuing within the largest crypto theft in history.The hacker has since moved all 500,000
ALTCOIN

Why is the Ripple SEC case nonetheless ongoing amid a sea of resolutions?

[ad_1] In latest weeks, the Securities and Change Fee (SEC) has been on a dismissal spree. First Coinbase, then Consensys, Gemini and OpenSea. Yesterday, it was Kraken. One after the other, nearly each high-profile enforcement motion of the period of former SEC chair Gary Gensler has fallen.This alerts to the cryptocurrency trade that US President Donald Trump’s administration is not going to govern just like the final. Certainly, Commissioner Hester
Business

Why is the Ripple SEC case nonetheless ongoing amid a sea of resolutions?

[ad_1] In latest weeks, the Securities and Alternate Fee (SEC) has been on a dismissal spree. First Coinbase, then Consensys, Gemini and OpenSea. Yesterday, it was Kraken. One after the other, just about each high-profile enforcement motion of the period of former SEC chair Gary Gensler has fallen.This alerts to the cryptocurrency trade that US President Donald Trump’s administration is not going to govern just like the final. Certainly, Commissioner
Business

Why is the crypto market down in the present day?

[ad_1] The crypto market erased all positive aspects from President Trump’s US Crypto Strategic Reserve announcement, plunging by over 14.7% in 24 hours to succeed in $2.64 trillion on March 4.High cryptocurrencies and their 24-hour performances. Supply: MessariA number of components have contributed to the newest drop in crypto costs, together with:As US tariff wars escalated, almost $980 million was wiped off the crypto market in 24 hours.Buyers are risk-off
ALTCOIN

THORChain generates $5M in charges, $5.4B in quantity since Bybit hack

[ad_1] THORChain generated greater than $5 million in whole income after the protocol’s asset swap quantity hit file highs, pushed by the exploiter behind the $1.4 billion Bybit hack.Centralized crypto alternate Bybit was hacked for over $1.4 billion price of crypto on Feb. 21 in the largest hack in crypto history.The North Korean state-affiliated Lazarus Group, recognized as the primary suspect by blockchain safety companies, continued laundering the stolen funds,
Business

THORChain generates $5M in charges, $5.4B in quantity since Bybit hack

[ad_1] THORChain generated greater than $5 million in whole income after the protocol’s asset swap quantity hit new document highs, pushed by the exploiter behind the $1.4 billion Bybit hack.Centralized crypto change Bybit was hacked for over $1.4 billion price of crypto on Feb. 21 in the largest hack in crypto history.The North Korean state-affiliated Lazarus Group, recognized as the primary suspect by blockchain safety companies, continued laundering the stolen
BLOCKCHAIN

THORChain generates $5M in charges, $5.4B in quantity since Bybit hack

[ad_1] THORChain generated greater than $5 million in complete income after the protocol’s asset swap quantity hit new file highs, pushed by the exploiter behind the $1.4 billion Bybit hack.Centralized crypto change Bybit was hacked for over $1.4 billion price of crypto on Feb. 21 in the largest hack in crypto history.The North Korean state-affiliated Lazarus Group, recognized as the principle suspect by blockchain safety corporations, continued laundering the stolen
Business

Israel releases preliminary CBDC design for digital Shekel

[ad_1] The Financial institution of Israel launched a preliminary design proposal for the digital Shekel (DS), Israel’s potential central financial institution digital forex (CBDC), regardless of no stable intent for an official launch.On March 3, the Financial institution of Israel’s Steering Committee issued an preliminary design for an in-house CBDC — outlining its supporting ecosystem, performance, technical design, regulatory issues and subsequent steps.The central financial institution’s committee had beforehand recognized
Business

FTX and Alameda wallets unstake $431M in SOL

[ad_1] Wallets belonging to the defunct crypto change FTX and bankrupt buying and selling agency Alameda Analysis unstaked over 3 million Solana tokens, its largest SOL unlock because it began promoting off firm tokens in November 2023.On March 4, blockchain analytics agency Lookonchain flagged FTX and Alameda’s wallets unstaking 3.03 million Solana (SOL). On the time of the unlock, the tokens had been value round $431 million. Since unlocking staked SOL,