Author: Ava Patel

Article written by Ava Patel

eXch denies accusations of laundering funds from the $1.4 billion Bybit hack

February 24, 2025 1 min read

Non-KYC crypto exchange eXch has denied claims of laundering funds from the $1.4 billion Bybit hack. Blockchain analysts have linked some stolen assets to eXch. The exchange acknowledged that it processed a small amount of the hacked funds but called the case “isolated.” On February 21, 2025, Bybit experienced a major theft. Hackers stole over $1.4 billion from its Ethereum cold wallet. Investigators believe the Lazarus Group, a North Korean

CZ responds to mounting speculation about his involvement with meme coins

February 23, 2025 1 min read

Changpeng Zhao, the founder of Binance, has addressed rumors about his involvement with meme coins. He clarified that he does not actively trade these coins. In a recent tweet, he rejected the idea of being a “real Chongtugou user” and described himself as a “blacksmith.” He sees himself as a builder who creates tools rather than following market trends. CZ also mentioned that he is not a typical centralized exchange

Trust Wallet says crypto wallets must improve security and user experience to drive adoption

February 22, 2025 2 mins read

Crypto wallet adoption is expected to increase as digital assets become more popular. Developers are focusing on making these wallets user-friendly and secure. Trust Wallet emphasizes the importance of integrating wallets into mainstream financial technology. This will help more people access crypto while overcoming onboarding challenges. As cryptocurrencies gain global acceptance, crypto wallets have become crucial for managing digital assets safely. Reports suggest that the market will grow significantly, especially

Ripple rebrands to focus on cross-border payments and stablecoins

February 18, 2025 1 min read

Ripple has announced a significant rebrand to align with the Internet of Value. The company is shifting its focus to cross-border payments and stablecoins. This change reflects Ripple’s goal to transform global value transfer. On February 14, Ripple shared its rebranding news on X. The company emphasized its commitment to innovation in financial transactions. Ripple’s vision remains the same: to create seamless value transfer worldwide. A key part of this

Indian officials seize $190M in assets amid BitConnect Ponzi scheme

February 17, 2025 1 min read

Indian officials have seized around $190 million, or approximately Rs 1,646 crore, during an investigation into the BitConnect cryptocurrency fraud. This investigation is led by the Enforcement Directorate (ED) in Ahmedabad. It is part of a broader inquiry into a global Ponzi scheme that collapsed in 2018. The ED announced that it began its investigation under the Prevention of Money-Laundering Act (PMLA). This inquiry is based on FIRs filed by

The Solana Price 2025 Roadmap Suggests a Rebound, but This Altcoin Could Outperform SOL

February 16, 2025 4 mins read

The Solana price has been steadily declining since hitting a new high in January, but there are indications of a potential reversal. Institutional capital may play a key role in driving the next upswing. However, analysts say RCO Finance (RCOF) has higher upside potential.  RCO Finance’s presale has already raised over $12 million, signaling strong interest in the AI-driven altcoin. As it builds momentum in its fifth presale round, RCOF

XRP surges by over 14% in the last 24 hours

February 15, 2025 1 min read

The cryptocurrency market is trying to recover after a recent price drop. This decline has made investors uneasy. However, some sectors are still active, which has improved the mood among traders. Certain altcoins are experiencing bull runs, boosting optimism. Ripple’s XRP has seen a notable increase in the last 24 hours. It rose by 14.18%, reaching $2.88. On February 13, XRP traded as low as $2.43 before bullish activity began.

BNB Chain reveals its 2025 roadmap

February 13, 2025 1 min read

BNB Chain has launched its 2025 Tech Roadmap, emphasizing artificial intelligence (AI). This blockchain network, developed by Binance, aims to improve transaction speed, scalability, and user experience. It has set high goals, such as reducing transaction latency to under one second and managing 100 million transactions each day. To reach these targets, BNB Chain plans to incorporate AI solutions in various areas. The roadmap includes updates for decentralized applications (dApps),

Strategy resumes Bitcoin purchases with a major acquisition

February 11, 2025 1 min read

Strategy, previously known as MicroStrategy, has made a notable Bitcoin purchase, acquiring thousands of BTC worth hundreds of millions. This is the company’s first major action since its rebranding, indicating a renewed focus on its long-term Bitcoin accumulation strategy. The recent acquisition is smaller than past purchases, but variations in acquisition sizes are typical for the company. Despite market uncertainties, Strategy continues to accumulate Bitcoin steadily, consistent with its history.

Kentucky joins as the 16th US state to propose establishing a Bitcoin reserve

February 9, 2025 1 min read

Kentucky and Missouri are the latest states in the U.S. to propose laws for Bitcoin reserves. This trend shows that more state governments are interested in adopting digital assets. In Kentucky, a bill called KY HB376 was introduced by State Representative Theodore Joseph Roberts on February 6. This bill would let the State Investment Commission invest up to 10% of excess state reserves into digital assets like Bitcoin. To qualify,

Binance Research reports 47 active crypto ETF filings and a record surge in meme coin launches

February 8, 2025 1 min read

Binance Research has shared insights about the current state of the crypto market. There are 47 active crypto ETF filings in the US, indicating growing interest in this investment vehicle. At the same time, there has been a notable increase in meme coin launches, contributing to a surge in the number of tokens. Currently, there are over 37 million tokens in circulation, with many based on the Solana blockchain. In

Czech President signs a bill exempting crypto users from paying taxes

February 7, 2025 1 min read

Czech President Petr Pavel recently signed a new bill that benefits crypto users. This law states that if individuals hold their crypto assets for more than three years, they will not have to pay taxes on any profits made from selling them. Additionally, transactions involving amounts up to CZK 100,000 (around $4,136) each year will not need to be reported in tax declarations. This approach aligns with how securities are