Crypto
Former House Financial Services Chair Patrick McHenry Joins a16z as Senior Advisor
- February 26, 2025
- Posted by: newworldfinance
- Category: Crypto, Cryptocurrency Markets
TLDR: Former House Financial Services Chair Patrick McHenry has joined a16z as a senior advisor after leading crypto legislation efforts in Congress. His move strengthens a16z’s influence in regulatory discussions, potentially shaping future crypto policies from the private sector’s perspective.
OKX Exchange Settles with DOJ for $500 Million Over Licensing Violations
- February 25, 2025
- Posted by: newworldfinance
- Category: Crypto, Crypto Trading, Cryptocurrency Markets
TLDR: OKX has settled with the DOJ for $500M over licensing violations and illicit transactions. The settlement follows Binance’s $4.3B fine, as regulators tighten oversight on crypto exchanges. Meanwhile, the SEC is easing enforcement actions, closing investigations into Robinhood and Coinbase.
Sam Bankman-Fried Posts on X for the First Time in Two Years; FTT Token Surges 30%
- February 25, 2025
- Posted by: newworldfinance
- Category: Crypto, Crypto Trading, Cryptocurrency Markets
TLDR: Sam Bankman-Fried posted on X for the first time in two years, commenting on Trump’s government layoffs and comparing them to FTX’s internal failures. FTT token spiked 30%, but quickly retraced. SBF is appealing his case and hoping for a pardon, but Polymarket puts his chances at just 3%.
Altcoin Market Buzz: Golden Cross Signals Potential 2025 Altseason
- February 24, 2025
- Posted by: newworldfinance
- Category: Crypto, Crypto Trading, Cryptocurrency Markets, Price Analysis
TLDR: A Golden Cross on the altcoin market cap chart, confirmed by
@el_crypto_prof
, suggests a potential 2025 altseason, echoing the 2021 boom. Traders are excited, but skeptics warn of volatility ahead.
Why Did Pi Network’s PI Token Gain 65% in 24 Hours?
- February 24, 2025
- Posted by: newworldfinance
- Category: Crypto, Cryptocurrency Markets, Price Analysis
TLDR: Pi Network’s PI token surged 65% in 24 hours, rebounding from its post-launch crash. The rally is largely fueled by Binance’s community vote, where 85% of users support listing PI. With official results expected on February 27, traders are betting on an imminent Binance listing.
SEC Backs Down: OpenSea NFT Probe Dropped as Crypto Wins a Big One
- February 24, 2025
- Posted by: newworldfinance
- Category: Crypto, Press Wire
TLDR: The SEC has axed its investigation into OpenSea after a year-long battle, with CEO Devin Finzer celebrating it as a win for NFT creators. The regulator also dropped its Coinbase lawsuit last week. Crypto’s catching a break—for now.
Ye Drops Bombshell: ‘Swasticoin’ Crypto Token Set to Launch Next Week
- February 24, 2025
- Posted by: newworldfinance
- Category: Crypto, Cryptocurrency Markets
TLDR: Ye’s teasing a “Swasticoin” token drop next week, promising early access to Jewish people and friends while eyeing blockchains like Ethereum and Solana. Insiders hint it might be “YZY” instead, with Ye keeping 70% of the supply. Meme coins are hot in 2024, and this could be the wildest yet.
North Korea’s Lazarus Group Strikes Again: The $1.4 Billion ByBit Heist
- February 24, 2025
- Posted by: newworldfinance
- Category: Crypto, Crypto Trading, Cryptocurrency Markets, Price Analysis
TLDR: North Korea’s Lazarus Group pulled off a $1.4 billion hack on ByBit using a sophisticated exploit. Instead of hacking ByBit’s servers, they tricked the exchange’s security team into approving a fraudulent transaction, which gave them control over ByBit’s cold wallet. The stolen funds were split into 53 wallets and are now being laundered.
U.S. Lawmakers Introduce Bipartisan Resolution to Support Blockchain and Digital Assets
- February 11, 2025
- Posted by: newworldfinance
- Category: Crypto
A bipartisan coalition of U.S. lawmakers has taken a significant step toward regulatory clarity for blockchain and digital assets, introducing a resolution that underscores the economic potential of crypto while warning that the U.S. risks falling behind without a well-defined legal framework.
Pump.fun Co-Founder Denies Token Launch Amid Controversy and Lawsuit
- February 11, 2025
- Posted by: newworldfinance
- Category: Crypto
Pump.fun, the most popular Solana-based meme coin platform, has found itself at the center of controversy following rumors about a token launch and an upcoming IPO.