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Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

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Home » cryptocurrency » Page 2

Bybit falls victim to record-breaking $1.5 billion crypto heist: Lazarus Group suspected

February 25, 2025 By Crypto Reporter

In a devastating blow to the cryptocurrency industry, Bybit revealed on Friday that it had suffered a "sophisticated" attack resulting in the theft of over $1.5 billion worth of Ethereum (ETH) from one of its cold wallets. This unprecedented breach surpasses all previous crypto heists in scale, dwarfing even the Ronin Network ($624 million), Poly Network ($611 million), and BNB … [Read more...] about Bybit falls victim to record-breaking $1.5 billion crypto heist: Lazarus Group suspected

Coinbase reports record Q4 earnings amid crypto bull run and pro-crypto political shift

February 18, 2025 By Crypto Reporter

In a testament to the burgeoning crypto market and favorable political winds, Coinbase (COIN) reported its strongest quarterly performance in years, with fourth-quarter revenue surging 138% year-over-year to $2.27 billion, far exceeding Wall Street expectations of $1.84 billion. The leading U.S. cryptocurrency exchange also posted adjusted earnings of $1.3 billion, surpassing … [Read more...] about Coinbase reports record Q4 earnings amid crypto bull run and pro-crypto political shift

Trump administration floats bitcoin as part of U.S. sovereign wealth fund

February 6, 2025 By Crypto Reporter

The United States may soon place bitcoin at the center of its financial strategy, with President Donald Trump’s administration considering its inclusion in a potential sovereign wealth fund. Brian Sacks, Trump’s crypto advisor, recently unveiled this proposal, highlighting bitcoin’s potential as a strategic reserve asset to strengthen America’s financial leadership. … [Read more...] about Trump administration floats bitcoin as part of U.S. sovereign wealth fund

Trump establishes cryptocurrency working group to shape U.S. policy

January 28, 2025 By Crypto Reporter

U.S. President Donald Trump has signed an executive order creating a cryptocurrency working group to advance digital asset regulations in the United States. Announced on January 23, this initiative underscores the administration's intention to position the U.S. as a global leader in the evolving digital economy. It follows Trump's promise on the campaign trail and Tuesday's SEC … [Read more...] about Trump establishes cryptocurrency working group to shape U.S. policy

SEC launches task force to clarify crypto regulations

January 22, 2025 By Crypto Reporter

The U.S. Securities and Exchange Commission (SEC) has announced the formation of a specialized task force to establish clearer regulations for cryptocurrencies. Under the leadership of Acting SEC Chair Mark Uyeda, the crypto regulatory task force aims to tackle key challenges in the rapidly evolving digital asset industry, including investor protection, market transparency, and … [Read more...] about SEC launches task force to clarify crypto regulations

Tether relocates to El Salvador, bolstering focus on emerging markets

January 15, 2025 By Crypto Reporter

Tether, the leading stablecoin issuer, has announced plans to relocate its operations to El Salvador after securing a Digital Asset Service Provider (DASP) license. This strategic move underscores Tether's commitment to advancing Bitcoin adoption and innovation in emerging markets. … [Read more...] about Tether relocates to El Salvador, bolstering focus on emerging markets

Thailand to pilot crypto payments for tourists in Phuket

January 10, 2025 By Crypto Reporter

Pichai Chunhavajira, Finance Minister of Thailand, on Wednesday unveiled a project to test cryptocurrency payments as an alternative to cash in the tourist destination of Phuket. … [Read more...] about Thailand to pilot crypto payments for tourists in Phuket

Grayscale updates its Top 20 list of cryptocurrencies for Q1 2025

January 4, 2025 By Crypto Reporter

Digital asset management company Grayscale Investments has added HYPE, ENA, VIRTUAL, JUP, JTO, and GRASS to its updated list of the Top 20 cryptocurrencies for Q1 2025. … [Read more...] about Grayscale updates its Top 20 list of cryptocurrencies for Q1 2025

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