February, 2025

February, 2025

Safe Wallet Pauses Operations Amid Bybit Security Breach
Bybit suffered a security breach on its ETH cold wallet, with the hacker stealing over $1.4 billion....

Circle Mints $250 Million USDC on Solana, Totaling $8 Billion Minted in 2025
Circle has minted an additional $250 million in USDC on the Solana blockchain, raising the total USDC minted on Solana in 2025 to $8 billion...

Coinbase and SEC Reach Agreement to Dismiss Lawsuit with No Fines, Pending Approval
Coinbase announced that it has reached an agreement in principle with the U.S. Securities and Exchange Commission (SEC) staff to dismiss the SEC's enforcement case against the company...

Ethena Labs Addresses $1.2 Billion USDe Exposure to Bybit, Confirms Off-Exchange Custody with Copper Clearloop and Less Than $30 Million at Risk
Concerns have arisen regarding Ethena Labs' USDe, particularly about the exposure of approximately $1.2 billion in funds to the cryptocurrency exchange Bybit....

Banco Nacional Launches Costa Rica's First Bitcoin ETF, $7 Billion Bank Opening Crypto Investment to Citizens
Costa Rica is witnessing a major shift in its financial landscape as Banco Nacional, the largest commercial bank in the country, announces the launch of its first Bitcoin exchange-traded fund (ETF)...

ByBit Suffers Largest Crypto Hack Ever with $1.5 Billion Stolen
The exploit has primarily affected staked ETH assets....

Kanye West to Launch Memecoin YZY on February 23, Mimicking TRUMP Token
According to CoinDesk, American rapper Ye, formerly known as Kanye West, plans to launch a memecoin called YZY, imitating the TRUMP token...

Canary Capital's Litecoin ETF Listed on DTCC as Litecoin Trades at $133.09
Canary Capital's proposed spot Litecoin ETF (ticker: LTCC) has been added to the Depository Trust and Clearing Corporation (DTCC) website, marking a key step in the pre-launch process...

Iowa Introduces Bill Allowing State Treasurer to Invest in Bitcoin and Crypto, Accessing $45 Billion Fund
Iowa has introduced a new bill that would allow the state treasurer to invest in Bitcoin and other cryptocurrencies...

Coinbase Says SEC to Dismiss Enforcement Case With Zero Fines Pending Approval Next Week
Coinbase Global Inc...

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