Federal authorities arrested three individuals in California for allegedly laundering over $13 million from victims of crypto investment scams known as “pig butchering.” The suspects, including Chinese nationals Mingzhi Li and Zeyue Jia, along with Jun Shi, allegedly created shell companies—Magic Location Trading and Stone Water Trading—to operate unregistered money service businesses that…
The U.S. Securities and Exchange Commission (SEC) closed its investigation into Uniswap Labs on Feb. 25, 2025, ending a four-year probe without enforcement action, a move seen as part of a broader pivot toward crypto-friendly regulation under new leadership.
Crypto Industry…
Grayscale Files for Polkadot ETF Amid Broader SEC ETF Reviews
February 26, 2025
Grayscale Investments filed for a spot Polkadot fund on Nasdaq amid a shifting regulatory environment that includes ETF proposals for XRP, LTC, SOL, DOGE and HBAR.
Polkadot Fund Filing Highlights SEC ETF Review Landscape
The filing, submitted as a Form 19b-4, seeks to list…
Robinhood pushed the SEC in a high-profile meeting to clarify crypto rules, criticizing case-by-case litigation and urging a structured regulatory framework.
Robinhood Urges SEC to Clarify Crypto Rules During High-Profile Meeting
The U.S. Securities and Exchange Commission (SEC)’s Crypto Task Force met with representatives from Robinhood Markets Inc. on Feb. 19 to discuss regulatory approaches…
The battle between Solana vs. Ethereum is heating up—will Solana overtake Ethereum in market dominance by 2025? We asked 11 AI chatbots to weigh in on this high-stakes crypto debate.
11 AI Models Weigh In: Is Solana’s Rise a Threat to Ethereum?
Amplifying our prior…
The launch of the $1 billion bitcoin treasury by Rezolve Ai starting with an initial $100 million investment, aims to support its AI-powered crypto payment platform in collaboration with Tether. The initiative aims to accelerate the mainstream adoption of bitcoin and digital…
Infini Hacked: $49M in USDC Stolen, Admin Privileges Exploited
February 25, 2025
Hackers exploited the Infi Project, a Hong Kong stablecoin neobank, stealing $4.9M USDC via admin privileges. This follows a $1.46B Bybit hack tied to Lazarus Group, raising concerns over crypto security. Despite the breach, Infini Project assured users that transactions remain operational.
Infini: Runway Still Solid
The Hong Kong stablecoin neobank, Infini, confirmed on Feb. 24 that hackers…
Bybit’s Phantom Hacker Becomes Ethereum’s Shadow Whale by Fragmenting Fortune Across 54 Wallets
February 24, 2025
In recent days, the cryptocurrency platform Bybit fell victim to a sophisticated cyberattack, hemorrhaging over $1.4 billion in assets purportedly tied to operatives from North Korea. As of this report, the perpetrator controls roughly 449,395.23 ETH—equivalent to nearly…
Malaysian Prime Minister Anwar Ibrahim announced that Malaysia and Bahrain are deepening economic ties, focusing on cryptocurrency, the Sandbox platform, tourism, connectivity, and manufacturing. Bahrain also pledged support for upcoming Asean-GCC summits. Anwar’s visit…
HK Asia Holdings Limited has announced a further investment in bitcoin, purchasing approximately 7.88 BTC for around $761,000 on February 20, 2025. This decision follows a previous investment disclosed on February 16, 2025, and brings the company’s total Bitcoin holdings to approximately 8.88 BTC, with an average cost of about $97,000 per unit. The number 8 is considered very auspicious in Asian…
