Saylor’s Strategy secures $2B debt offering, pushes Bitcoin holdings toward 500,000 BTC
Key Takeaways Strategy has acquired a total of 499,096 Bitcoin, representing 2.3% of Bitcoin’s total supply cap. The company completed a $2 billion debt offering to fund further Bitcoin acquisitions and corporate purposes. Share this article Michael Saylor’s Strategy announced…
EU Adds Russian Crypto Exchange Garantex To Its Sanctions List
The European Union (EU) has added the Russia-based cryptocurrency exchange, Garantex, to its sixteenth sanctions package. Announced on 24 February 2025, the press release from the European Council said, “For the first time, the Council also decided to sanction, a…
BTC Loses Key Support – How Low Could It Go?
Bitcoin has dipped below the 100-day moving average at $98K, approaching the key $95K support level. However, low trading activity suggests a lack of strong momentum, making further short-term consolidation likely. Technical Analysis By Shayan The Daily Chart Bitcoin has…
EU sanctions Russia’s crypto exchange Garantex over its ties to blacklisted banks
The European Union has rolled out a new round of sanctions, adding crypto exchange Garantex, which was already blacklisted by the U.S. Treasury’s OFAC. The European Union has added Russian crypto exchange Garantex to its sanctions list as part of…
SEC approves first yield-bearing stablecoin YLDS with 3.85% APR
Key Takeaways YLDS is the first yield-bearing stablecoin approved by the SEC, offering an APR of 3.85%. Investors can trade YLDS continuously on Figure Markets with payouts in USD or YLDS. Share this article Today, Figures Markets reported that the…
CBDC Growth On The Backfoot: Will Centralized Digital Currencies Replace Crypto?
Although in their infancy, 134 countries are now exploring central bank digital currencies (CBDCs). That’s 46 more countries than this time last year. Like it or not, Central Bank Digital Currencies (CBDCs) are on track to dominate. Their rise won’t…
Ethereum Bounces Back as Bybit ‘Closes Gap’ on Hack Losses
Ethereum prices displayed resilience over the weekend, rapidly bouncing back from a slump following the massive hack of the Bybit crypto exchange. The asset slumped 7% in a matter of hours on Feb. 21, falling from $2,832 to $2,629 in…
Infini neobank reportedly hacked for $49.5m
Crypto-focused neobank Infini has reportedly suffered a $49.5 million exploit, with stolen funds being swapped to DAI and used to purchase ETH. CertiK first flagged suspicious activity on Feb. 24 at 3:18 am UTC, noting unauthorized transfers from an Infini-related…
Kanye West plans to drop YZY token and owns 70% of stake after saying ‘coins prey on fans with hype’
Key Takeaways Ye plans to launch YZY token as a way to bypass platforms like Shopify. YZY token distribution allocates 70% to Ye and aims to be the official currency for Ye’s website. Share this article Just days after Kanye…
Woman Sentenced To Nearly 10 Years For $5.7M Fraud Against Bybit In Singapore
A Singapore court has sentenced Ho Kai Xin to nearly 10 years in prison for defrauding cryptocurrency exchange Bybit of $5.7 million through payroll manipulation. The 33-year-old, who pleaded guilty to 44 charges—including cheating and dealing with criminal proceeds—received a…
