Category : CoinJournal

CoinJournal

OKX resolves DOJ investigation, to forfeit $421m in earned fees

OKX pleads guilty to DOJ charges of operating unlicensed money transmitting business. Exchange to pay a fine of $84 million and forfeit $421 million earned in fees from US customers. The exchange agrees to the penalties after a Department of Justice...

KIP Protocol denies role in Libra launch

KIP Protocol says it did not initiate or launch Libra. The project did not also profit in any way from the launch, despite being ‘misled’ to post about token. Libra, also promoted by Argentina President Javier Milei on X, crashed soon af...

Bitflow brings AI-powered DeFi to Stacks with Automated DCA for Bitcoin and Runes

Bitflow launches Automated Dollar-Cost Averaging (DCA) for Bitcoin and Runes investments on Stacks. The AI-powered DCA enables trustless, recurring investments. Future plans include adding yield strategies and cross-layer flows. Bitflow, a decentra...

Nasdaq files a 19b-4 form to list and trade a Hedera HBAR ETF

Canary Capital filed an S-1 registration for the HBAR ETF in November Bloomberg ETF analyst Eric Balchunas said HBAR and Litecoin are in “pole position” among the altcoin ETF filings Nasdaq has filed a 19b-4 form with the US Securities...

Montana house representatives reject Bitcoin reserve bill

Montana House has rejected the Bitcoin reserve bill. The Bitcoin reserve bill aimed for $50M in crypto. The house cited risk to taxpayer funds. On February 22, 2025, Montana’s House of Representatives decisively voted down House Bill No. 429,...

SEC drops investigation into Robinhood Crypto

Robinhood says the SEC has ended the regulator’s probe into Robinhood Crypto. SEC issued a Wells Notice to Robinhood Crypto in May 2024. SEC’s closing of the Robinhood Crypto investigation comes days after the agency closed a similar pro...

Bitcoin Pepe price prediction as Raydium (RAY) plunges 30%

Raydium (RAY), the Solana-based automated market maker (AMM) and liquidity provider, has seen the price of its native token plummet more than 30% in 24 hours. While RAY price may dip further amid Pump.fun developments, analysts are taking a bullish o...

What we know about the $49.5 million Infini exploit so far

Infini neobank hacked for $49.5M USDC, swapped for 17,696 ETH. The attacker exploited retained admin privileges in Infini’s smart contract. Infini’s founder has promised full compensation, citing negligence in authority transfer. On Feb...

What we know about the $49.5M Infini exploit so far

Infini neobank hacked for $49.5M USDC, swapped for 17,696 ETH The attacker exploited retained admin privileges in Infini’s smart contract Infini’s founder has promised full compensation, citing negligence in authority transfer Infini, a...

Infini suffers $50M hack, days after Bybit’s $1.5Bn exploit

Infini’s exploit follows the Bybit hack that resulted in the loss of $1.5 billion last week Infini’s attacker had previously worked on the project’s development contract and secretly retained the admin rights Christian Li said full...

The SEC Mulls Over XRP ETF Applications as Interest Rise

The SEC has received six XRP ETF applications over the last several weeks as interest in traditional crypto investment vehicles continues rising. Coinshares sent a proposal for XRP and Litecoin ETFs while Grayscale sent one for XRP amid several prop...

The SEC mulls over XRP ETF applications as interest rises

The SEC has received six XRP ETF applications over the last several weeks as interest in traditional crypto investment vehicles continues rising Coinshares sent a proposal for XRP and Litecoin ETFs while Grayscale sent one for XRP amid several propo...

Ether recovers from its dip to $2,600 following Bybit’s hack

Key takeaways Ether dipped to the $2,600 region following Bybit’s hack on Friday but now trades above $2,700 per coin.& iDEGEN has raised nearly $25 million as presale ends in two days. ETH could rally higher after dipping on Bybit hack...

Bitcoin Pepe presale emerges as a safe haven amid the Bybit hack market volatility

The Bybit hack caused some market volatility, although the market is slowly stabilizing amid the exchange’s recovery efforts Bybit has already managed to fully close the ETH gap caused by the hack Amid the chaos, Bitcoin Pepe’s presale i...

iDEGEN finishes the presale race with hype as investors fear missing out

Solana will likely remain under pressure in the near term despite the steady fundamentals. iDEGEN is ending its presale with the same hype that has carried it through the presale as investors fear missing out.& Even with the likely approval of...

iDEGEN, top alts show strength despite Bybit hack

The crypto market was down 3.6% in the past 24 hours, with the total market cap at $3.3 trillion. Top alts, including Ethereum, XRP and Solana have shown strength amid minor dips. Given the industry had just witnessed $1.4 billion stolen from Bybit &...

Bitcoin Pepe set to reap big from its virality, fundamentals, and timing

The crypto market is subject to a neutral market sentiment even as the bulls remain in control. Subsequently, majors like Ripple and Ethereum are range-bound while their steady fundamentals support the prices.& On the other hand, more savvy inve...

North Korea’s Lazarus Group behind hack as Bybit loses $1.5B

Key takeaways Bybit suffered the biggest theft of all time in the crypto space after losing $1.5 billion to hackers on Friday.& The Bitcoin Pepe presale is now approaching $3 million as more investors pile in. Bybit suffers the biggest theft o...

Bybit suffers $1.4 billion hack, ETH drained from exchange wallet

Bybit exploited for $1.4 billion worth of ETH, CEO confirms. Despite the massive loss, Bybit remains solvent and can cover the losses, Ben Zhou said in a post on X. Bybit has suffered a major exploit, with a hacker stealing more than $1.4 billion w...

iDEGEN (IDGN) price could hit $0.1 post BitMart Exchange listing

BitMart Exchange is expected to list iDEGEN (IDGN) on March 4. Only four days to go before the iDEGEN presale comes to an end. Post-listing, the price of iDEGEN (IDGN) is expected to rise to $0.1 from the last presale stage price of $0.038. iDEGEN...

Coinbase scores major win as SEC set to drop lawsuit

Coinbase says the SEC has agreed to dismiss its lawsuit against the US-based crypto exchange. The SEC sued Coinbase in 2023 but with Gary Gensler’s exit, the regulator is eyeing better regulatory approach. US-based crypto exchange Coinbase is...

FTX claims: Creditors in Russia, China, Ukraine among those temporarily unable to participate

FTX creditors in several countries, China, Russia and Ukraine included, unable to participate in claims. The FTX bankruptcy estate is however said to be evaluating options. The FTX estate has begun its creditor repayments that could see more than $...

Mawari and Nankai Electric Railway partner for the Digital Entertainment City Namba project

The “Digital Entertainment City Namba” will be the world’s first smart city integrating AI, XR and DePIN. Mawari will deploy edge computing and rendering devices across Nankai’s properties for decentralized streaming. Nankai...

Safemoon CTO pleads guilty in $200m crypto fraud case

Safemoon CTO Thomas Smith has pleaded guilty to charges in a $200 million crypto fraud case. US authories arrested the Safemoon exec, alongside CEO Braden John Karony, in 2023. Thomas Smith, the chief technology officer of SafeMoon LLC, has pleaded...

iDEGEN’s presale enters its final week ; XRP beats other crypto majors

As the artificial intelligence industry booms, more investors are showing interest in AI crypto projects. In fact, the sector has grown several folds to a market cap of $29 billion as seen on CoinGecko.& Fartcoin and AI16z, both launched in Octo...

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