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Day: February 27, 2025

Bybit Moves Toward UAE License After $1.4B Hack
Web3

Bybit Moves Toward UAE License After $1.4B Hack

ByGlitch February 27, 2025February 27, 2025

Bybit, the embattled cryptocurrency exchange, is moving closer to securing a full operational license in the United Arab Emirates (UAE), even as it recovers from a $1.4 billion hack. On…

Read More Bybit Moves Toward UAE License After $1.4B HackContinue

Crypto Trader Murdered
Cryptocurrency

Crypto Trader Murdered in South Korea

ByGlitch February 27, 2025February 27, 2025

A Chinese national was found dead in a luxury hotel in Jeju City, South Korea, in what appears to be the latest case of a crypto-related wrench attack—a growing trend…

Read More Crypto Trader Murdered in South KoreaContinue

metaplanet issues $13.35M
Web3

Metaplanet Issues $13.35M in Bonds to Expand Bitcoin Reserves

Bybennysteele February 27, 2025February 27, 2025

Metaplanet, Japan’s leading Bitcoin treasury firm, has issued 2 billion yen ($13.35 million) in 0% bonds to expand its BTC holdings, continuing its aggressive accumulation strategy that began in May…

Read More Metaplanet Issues $13.35M in Bonds to Expand Bitcoin ReservesContinue

Framework ventures' spencer
Web3

Framework Ventures’ Vance Spencer Slams U.S. Stablecoin

ByAnshul February 27, 2025February 27, 2025

Vance Spencer, co-founder of Framework Ventures, has voiced strong opposition to efforts to limit centralized international stablecoin issuers’ access to U.S. Treasury markets. According to Spencer, such policies do nothing…

Read More Framework Ventures’ Vance Spencer Slams U.S. StablecoinContinue

MEXC invests
Fiat

MEXC Invests $36M in Ethena Labs and USDe to Drive Stablecoin

ByAnshul February 27, 2025February 27, 2025

MEXC, a global cryptocurrency exchange, has announced a $20 million investment in USDe, the Ethereum-based synthetic dollar issued by Ethena Labs, as part of a broader effort to enhance stablecoin…

Read More MEXC Invests $36M in Ethena Labs and USDe to Drive StablecoinContinue

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