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Michael Novogratz’s crypto investment firm Galaxy Digital agreed to pay $200 million in a settlement related to its alleged promotion of the now-collapsed cryptocurrency Terra (LUNA) According to New York Attorney General’s Office documents filed on March 24, Galaxy Digital acquired 18.5 million LUNA tokens at a 30% discount, then promoted them before selling them …
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The United Arab Emirates expects its digital dirham central bank digital currency to roll out in the fourth quarter of 2025. According to a report in the Khaleej Times, Central Bank of the UAE Governor Khaled Mohamed Balama reportedly said that the blockchain-based currency could improve financial stability and help combat financial crime. According to …
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Opinion by: Jimmy Su, Binance chief security officer The threat of InfoStealer malware is on the rise, targeting people and organizations across digital finance and far beyond. InfoStealers are a category of malware designed to extract sensitive data from infected devices without the victim’s knowledge. This includes passwords, session cookies, crypto wallet details and other …
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Sales of non-fungible tokens (NFTs) dropped sharply in the first quarter of 2025, plunging 63% year-over-year. Still, a few standout collections defied the downturn and posted gains. NFTs recorded $1.5 billion in total sales from January to March 2025, down from $4.1 billion during the same period in 2024, according to data from aggregator CryptoSlam. …
Continue reading “NFT sales plunge 63% in Q1, but Pudgy Penguins, Doodles buck trend”
North Korea-affiliated hackers may have scaled back their operations in the second half of 2024 while preparing for what became the largest crypto hack in history. The crypto industry was rocked by the enormous hack on Feb. 21 when Bybit lost over $1.4 billion to the infamous North Korean Lazarus Group, which seems to have …
Continue reading “Lazarus Group’s 2024 pause was repositioning for $1.4B Bybit hack”
LY Corporation denied that its Web3 venture, Line Next, had entered into a business partnership with Soneium, a Sony-backed Ethereum layer-2 network. The statement, issued on March 28, followed media reports and social media coverage that suggested a partnership had been finalized between LY and Soneium. “These reports were based on an announcement made by …
Continue reading “LINE says it’s not in bed with Sony’s Soneium after all”
Bitcoin (BTC) risks falling into a fresh bear market as a large collection of BTC price metrics has produced a “bearish divergence.” In a social media discussion on March 27, Bitcoin commentators flagged troubling signals from the Capriole Investments’ Bitcoin Macro Index. Bitcoin Macro Index slump “not great,” says creator As BTC/USD struggles to return …
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Influencer Logan Paul should be allowed to continue a lawsuit accusing the YouTuber known as “Coffeezilla” of making defamatory remarks about Paul’s failed CryptoZoo project, a Texas magistrate judge said. In a March 26 report filed in a San Antonio federal court, Magistrate Judge Henry Bemporad recommended that federal Judge Orlando Garcia, overseeing the case, …
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Bitcoin will break past its $109,000 all-time high sooner than expected despite recent volatile US macroeconomic conditions, according to a crypto analyst. “The market may be underestimating how quickly Bitcoin could surge – potentially hitting new all-time highs before Q2 is out,” Real Vision chief crypto analyst Jamie Coutts told Cointelegraph. He said this forecast …
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South Carolina has become the latest US state to dismiss its lawsuit against crypto exchange Coinbase over its staking services, which had accused the crypto exchange of offering unregistered securities. The lawsuit was officially dismissed in a joint stipulation between the crypto exchange and the South Carolina Attorney General’s securities division on March 27. “South …
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