News

Bybit Reclaims 7% Market Share After .46 Billion Hack

Bybit Reclaims 7% Market Share After $1.46 Billion Hack

Key Notes Bybit recovers 7% of market share after $1.46 billion hack, regaining pre-hack levels. Hackers, linked to North Korea’s Lazarus Group, stole $1.4 billion in digital assets, mostly stETH and mETH. New security measures and partnerships, including with Zodia Custody, help restore investor confidence. Bybit, one of the world’s largest crypto exchanges, has bounced […]

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Senate Confirms Pro Bitcoin Paul Atkins As SEC Chair

Senate Confirms Pro Bitcoin Paul Atkins As SEC Chair

The U.S. Senate has confirmed Paul Atkins as the new Chair of the Securities and Exchange Commission (SEC) in a 52-44 vote, placing the longtime Wall Street consultant and former Republican commissioner at the helm of one of the most powerful financial regulatory agencies in the country. Atkins, known for his deregulatory stance, is expected

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Will DOGE Price Surge Continue After 21Shares Files for Dogecoin ETF?

Will DOGE Price Surge Continue After 21Shares Files for Dogecoin ETF?

Key Notes On-chain data shows a 94% drop in DOGE transaction counts since March, signaling reduced investor interest. Additionally, DOGE whales have sold 1.32 billion tokens recently, reflecting diminished market confidence. Asset manager 21Shares filed for a Dogecoin ETF with the SEC, aiming to track DOGE’s performance without leverage or derivatives. Amid the broader crypto

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Is US SEC Chair Paul Atkins Good or Bad for Crypto?

Is US SEC Chair Paul Atkins Good or Bad for Crypto?

Key Notes Atkins’s appointment has been welcomed by the crypto community, given his $5 million stake in crypto investment firms. Atkins has pledged to build a firm regulatory foundation for digital assets, continuing the crypto-friendly measures initiated by acting SEC Chair Mark Uyeda. Dennis M.Kelleher, co-founder of Better Markets, criticized Atkins’s past, blaming him for

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South Korean Police Raid ‘Illegal Gambling Den Disguised as Crypto Mining Center’

South Korean Police Raid ‘Illegal Gambling Den Disguised as Crypto Mining Center’

South Korean police have raided a suspected illegal gambling den whose operator claimed it was a center for crypto mining. The news agency Yonhap and the media outlet Asia Kyungjae reported that Gwangsan Police Station in Gwangju, South Jeolla Province, announced on April 9 that officers are questioning the alleged den’s operator. Officers are holding

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Bitcoin Magazine, Bitcoin Policy Institute Launch “The Bitcoin Policy Hour” To Explore Global Finance, Policy And Monetary Trends

Bitcoin Magazine, Bitcoin Policy Institute Launch “The Bitcoin Policy Hour” To Explore Global Finance, Policy And Monetary Trends

New Show Release – “The Bitcoin Policy Hour” April 9, 2025 – Nashville, TN – Bitcoin Magazine, in collaboration with the Bitcoin Policy Institute (BPI), has officially launched a new weekly show titled The Bitcoin Policy Hour, a timely and incisive series focused on political economy, macroeconomic policy, and the evolving global financial order. The

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French and Italian Regulators Submit DLT Recommendations to European Commission

French and Italian Regulators Submit DLT Recommendations to European Commission

Key Takeaways: Regulators propose fresh trial rules to widen digital ledger testing. New guidelines support a range of project sizes and adaptive market methods. Proposed changes may ease the merger of digital trials with established financial practices. The French Autorité des Marchés Financiers (AMF) and the Italian Commissione Nazionale per le Società e la Borsa

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Bitcoin and Altcoin Spot Trading Volumes Decline Amid Market Volatility: CryptoQuant

Bitcoin and Altcoin Spot Trading Volumes Decline Amid Market Volatility: CryptoQuant

Key Takeaways: Total Bitcoin spot trading volume on crypto exchanges declined from a high of $44 billion on Feb. 3, to $10 billion at the end of Q1. Binance’s share of total daily Bitcoin spot trading volume increased from 33% on February 3 to 49% by the end of Q1. Bitcoin prices showed increasing volatility,

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Jack Dorsey’s Block Launches Open Source Tools To Simplify Bitcoin Treasury Management

Jack Dorsey’s Block Launches Open Source Tools To Simplify Bitcoin Treasury Management

Block announced it has released a new open source toolkit designed to help companies manage their Bitcoin treasury holdings more efficiently. The release includes a corporate Bitcoin holdings dashboard and a BTC-to-USD real-time price quote API, now available for all companies and developers via Block’s public GitHub repository under the Block Open Source initiative. As

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Rep. Troy Downing Lambasts Gary Gensler In House Committee Hearing

Rep. Troy Downing Lambasts Gary Gensler In House Committee Hearing

Key Takeaways: Troy Downing has sharply criticized former SEC Chair Gary Gensler for a lack of regulatory clarity and an adversarial stance toward digital assets. Downing argued that Gensler’s approach stifled U.S. fintech leadership and contributed to the rise of meme coins. The SEC, under new leadership during the Trump administration, has moved away from

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