CryptoNews

Binance CEO's Advice: 3 Tips to Handle Crypto's Sudden Downturn

February 5, 2025
Binance CEO has revealed three crucial survival tips for investors as the crypto market swings wildly—insights that could make the difference between panic and profit. Massive Crypto Sell-Off? Binance CEO’s 3 Survival Tips for Investors Binance CEO Richard Teng addressed investor concerns over recent market volatility in a Feb. 3 post on social media platform X. He acknowledged the panic…
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DOJ Charges Canadian National in $65M Crypto Heist, Fugitive Still at Large

February 4, 2025
A Canadian hacker allegedly exploited vulnerabilities in two defi platforms, stealing $65 million and laundering funds through crypto mixers, prosecutors say. He remains at large. DOJ Indicts Canadian Hacker for $65M Defi Exploit The U.S. Department of Justice (DOJ) announced on Feb. 3 that a federal court in New York unsealed a five-count criminal indictment against Canadian citizen Andean…
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USDT0 Launches on Arbitrum With 1:1 Backing, Faster Transfers

January 31, 2025
Tether has upgraded its USDT stablecoin on Arbitrum to USDT0, a cross-chain compatible asset backed 1:1 by Ethereum-based USDT reserves. Tether Transitions Arbitrum USDT to USDT0 Tether says the upgrade automatically converts existing Arbitrum USDT holdings to USDT0 without…
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No Rate Cut: Powell’s Steady Hand Defies Political Pressure; Crypto Gains Amid Equity Retreat

January 31, 2025
Following former President Donald Trump’s declaration that he would “demand” interest rate cuts from the U.S. Federal Reserve, policymakers defied external pressure Wednesday, maintaining the federal funds rate without adjustment. FOMC Monetary Policy Unmoved At its first 2025 gathering on Jan. 29, the Federal Open Market Committee (FOMC) observed that “economic activity has continued to…
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US Lawmaker Moves to Block SEC Overreach in Coinbase Case

January 30, 2025
The SEC’s “un-American” crackdown on crypto is driving innovation overseas, a U.S. senator warned, backing Coinbase in a pivotal legal battle over digital assets. US Senator Calls SEC’s Crypto Approach ‘un-American’ U.S. Senator Cynthia Lummis of Wyoming is…
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Scott Bessent Named U.S. Treasury Secretary, Backed by Crypto

January 30, 2025
Scott Bessent, a billionaire hedge fund manager, is now the 79th U.S. Treasury Secretary under Trump. Crypto leaders, including Ripple’s Brad Garlinghouse, celebrate his pro-innovation stance, anticipating major policy shifts. Scott Bessent Confirmed as Treasury Secretary, Signaling Pro-Crypto Shift Scott Bessent has been confirmed as the 79th U.S. Treasury Secretary under President Donald…
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