Finance

February 27, 2025
Crypto News, Finance

US Legislators Challenge IRS Over Disputed DeFi Broker Regulations

A controversial tax rule proposed by the U.S. Internal Revenue Service (IRS), which requires decentralized finance (DeFi) brokers to report crypto transactions, may be overturned as lawmakers push for...

February 27, 2025
Crypto News, Finance

Gotbit Co-Founder Aleksei Andriunin Extradited to the U.S. on Legal Charges

Aleksei Andriunin, the founder and CEO of cryptocurrency platform Gotbit, has been extradited to the United States to face charges related to market manipulation and wire fraud. The U.S....

February 26, 2025
Crypto News, Finance

Mastercard and Ondo Finance Partner to Introduce Tokenized Treasuries to MTN

Mastercard has onboarded Ondo Finance as the first provider of tokenized real-world assets on its multi-token network (MTN), enabling businesses to access tokenized U.S. Treasury securities in a streamlined...

February 26, 2025
Crypto News, Finance

Senator Proposes Crypto ATM Restrictions to Fight Rising Scams

Illinois Senator Dick Durbin has introduced new legislation aimed at curbing fraud at cryptocurrency ATMs, a growing concern for law enforcement agencies. The Crypto ATM Fraud Prevention Act seeks...

February 26, 2025
Crypto News, Finance

Crypto Market Shaken as Bitcoin Falls Under $90K, Triggering $1B in Liquidations

Bitcoin’s sharp decline to $86,099 has led to over $1.06 billion in liquidations across the crypto market, with long positions suffering $873 million in losses. The price drop has...

February 25, 2025
Crypto News, Finance

Bitget Confirms 40K ETH Loan Returned by Bybit as Exchange Recovers

Bybit has successfully returned 40,000 ETH (nearly $100 million) to Bitget, repaying a post-hack loan that was provided immediately after the exchange lost $1.4 billion worth of Ethereum in...

February 25, 2025
Crypto News, Finance

Crypto Adoption Grows in India’s Smaller Cities, Pushing Trading to $2B

India’s crypto trading volumes have surged to nearly $2 billion, fueled by increasing participation from smaller cities as young investors seek financial stability amid sluggish job and wage growth....

February 25, 2025
Crypto News, Finance

Crypto Crash Deepens: $325B Lost as Selling Pressure Mounts

The crypto market has suffered a massive downturn, losing over $325 billion since Friday, with $150 billion wiped out in the past 24 hours alone. A staggering $100 billion...

February 25, 2025
Crypto News, Finance

Bithumb Lists Ethena (ENA) on KRW Market, Expanding Trading Options

Bithumb, one of South Korea’s top cryptocurrency exchanges, is set to list Ethena (ENA) on its Korean Won (KRW) market today, February 25, 2025. According to Bithumb’s official announcement,...

February 25, 2025
Crypto News, Finance

Massive $1B Crypto Liquidation Spree—Is This the Start of a Bigger Crash?

The crypto market has been rocked by a wave of sell-offs, with total liquidations surpassing $1.34 billion in just 24 hours. As Bitcoin (BTC), Ethereum (ETH), and Solana (SOL)...