CryptoNews

Crypto.com's Explosive Growth Reshapes Exchange Rankings

February 20, 2025
Total centralized exchange volume reached $18.83 trillion, the second-highest in five years, though still below 2021’s record of $25.21 trillion. 2021 Marked by Key Events In 2024, Binance remained the largest centralized cryptocurrency exchange, despite its share of total trading volume among the top 15 exchanges falling by approximately eight percentage points, from 47% to 39%. Its trading…
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Solana’s Most Profitable Sniper

February 19, 2025
One man and his team racked up more than $100 million in memecoin profits via a trading method called “sniping.” Sniping Legend Nets More Than $100M in Memecoin Profits There are snipers, then there’s Naseem, the legendary trader who pocketed $100 million from the…
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Ripple's Victory Is Near as SEC Backs Down—Former SEC Official Declares the Fight Over

February 19, 2025
The SEC’s crypto enforcement is collapsing, with a former official predicting the agency will soon drop its Ripple appeal and halt all crypto-related cases. SEC’s Crypto War Collapses—Former Official Predicts Ripple Case Will Be Dropped John Reed Stark, former chief of the U.S. Securities and Exchange Commission’s (SEC) Office of Internet Enforcement, declared on social media platform X on…
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Russia Declares SWIFT 'Dying' as Crypto Reshapes Finance

February 18, 2025
Russia claims it can reconnect to SWIFT anytime but questions its relevance as digital finance evolves. Could SWIFT become obsolete as BRICS nations develop alternatives? Russia Calls SWIFT Obsolete—Is Crypto the Key to the New Financial Order? Russia claims that it has the technical ability to reconnect to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) if necessary, but…
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Feds Say AI Crypto Firm Was a Scam, Owner Faces Trial

February 17, 2025
A Las Vegas businessman, Brent C. Kovar, 58, has been indicted for allegedly orchestrating a $24 million cryptocurrency Ponzi scheme through his company, Profit Connect. Prosecutors claim Kovar falsely promoted Profit Connect as an artificial intelligence-powered…
CryptoNews

South Korea to Allow Institutional Crypto Trading in H2 2025

February 17, 2025
Starting in the second half of the year, South Korea will allow certain institutional investors, including listed companies, to open virtual asset trading accounts. Risks of Institutional Participation South Korea will allow certain institutional investors to open virtual asset trading accounts starting in the second half of the year, the country’s Financial Services Commission (FSC) announced…
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