Bitcoin Team

The Bitcoin editorial team is comprised of crypto veterans providing reporting on Bitcoin, DeFi, crypto, and blockchain protocols. We deliver analysis on crypto adoption, regulatory shifts, and strategies, prioritizing integrity and accuracy.

Legal

DraftKings Reaches $10 Million Settlement in NFT Securities Lawsuit

In a significant development, DraftKings, the online sports betting platform, has agreed to pay $10 million to resolve a class-action lawsuit tied to its sale of non-fungible tokens, commonly known as NFTs. The lawsuit, which began in 2023, claimed that DraftKings violated state and federal securities laws by

Memecoins

SEC Clarifies Stance on Memecoins in Statement Saying They Are Not a Security

The U.S. Securities and Exchange Commission’s released a statement that could reshape how the crypto community views memecoins. These digital assets, born from internet culture and fueled by online enthusiasm, have long existed in a gray area of regulatory oversight. Today’s announcement brings a measure of clarity,

Stablecoin

How Senator Lummis Aims to Shape U.S. Cryptocurrency Regulation

On February 27, 2025, Senator Cynthia Lummis of Wyoming shared her thoughts following a recent Senate hearing on digital assets. As the newly appointed chair of the Senate Subcommittee on Digital Assets, a role she assumed in January 2025 under Senate Banking Committee Chair Tim Scott, Lummis is steering the

Bitcoin

Court Documents Reveal Swan Bitcoin Brokerage Service Was Funded by Ripple

Swan Bitcoin, a company focused on Bitcoin financial services, accepted funding from Ripple Labs, the company behind XRP, according to legal and financial records recently brought to light by Blockspace Media. This development has stirred controversy, especially given Swan’s public criticism of Ripple in the past. The situation unfolds

Hack

FBI Issues Alert About North Korean Hackers in Relation to $1.5 Billion Bybit Hack

The Federal Bureau of Investigation posted a new alert in relation to the Bybit hack. In the alert, North Korea has been fingered as the mastermind behind a staggering $1.5 billion heist targeting Bybit, a major cryptocurrency exchange. The theft, which took place around February 21, 2025, is being

Memecoins

Democrats Introduce Bill to Ban Memecoin Profits for Presidents and Top Officials

House Democrats are taking aim at President Donald Trump’s memecoin. Leading the charge is California Representative Sam Liccardo, who announced plans to introduce the Modern Emoluments and Malfeasance Enforcement Act, or MEME Act. The legislation seeks to curb what Liccardo and his supporters describe as a troubling trend of

Bitcoin

IMF Greenlights $1.4 Billion Plan for El Salvador with Focus on Bitcoin Control

In a significant move for El Salvador’s economic future, the International Monetary Fund (IMF) Executive Board has approved a 40-month arrangement under the Extended Fund Facility (EFF), unlocking access to approximately $1.4 billion to the country. This decision announced today allows an immediate disbursement of $113 million

Exchange

SEC Drops Investigation into Gemini Crypto Exchange

The U.S. Securities and Exchange Commission has officially closed its investigation into Gemini, the crypto exchange co-founded by the Winklevoss twins, after nearly two years of scrutiny. The announcement, made today, marks the end of a 699-day saga that began with a Wells Notice issued 277 days

Crime

Chinese National Murdered in South Korea Luxury Hotel in Cryptocurrency Deal Gone Wrong

There was a chilling scene in Jeju, South Korea, where a Chinese man in his 30’s was found dead in a luxury hotel, sparking a police investigation into a possible cryptocurrency-related murder. Authorities at Jeju West Police Station are now holding four Chinese nationals—two women and two

Hack

How the North Korean Lazarus Group Hacked Crypto Exchange Bybit for $1.5 Billion

In a stunning revelation, cybersecurity experts have unraveled the mystery behind the largest cryptocurrency hack in history, nearly a staggering $1.5 billion theft from the Bybit exchange. The culprits? North Korean hackers who exploited a trusted wallet provider called Safe, in a meticulously crafted attack. This breach, confirmed by

Markets

Trump’s Tariff Threats Create Market Chaos, S&P 500 Plunges as Bitcoin Slumps

In a dramatic turn of events on Wednesday, financial markets reeled from President Donald Trump’s announcement of 25% tariffs on the European Union, sparking widespread concern among investors. The S&P 500 experienced a sharp decline, wiping out more than $500 billion in a matter of minutes. This

Stablecoin

Bank of America Eyes USD Pegged Stablecoin Launch Amid Potential Regulatory Shifts

Bank of America has a bold plan to launch a USD pegged crypto stablecoin, a move announced by CEO Brian Moynihan during a recent interview at the Economic Club of Washington, D.C. Moynihan, a seasoned leader who has steered Bank of America since 2010, emphasized that the bank is

Crypto

How Hackers Are Quietly Draining Bitcoin Wallets Through Fake GitHub Projects

Imagine stumbling across a slick GitHub project that promises to streamline your Telegram bot for managing Bitcoin wallets or supercharge your favorite gaming tool. It looks legitimate, complete with a polished README file that practically begs you to dive in. But here’s the catch: that code you’re about

Libra

Argentinian News Reports DOJ Opens Investigation into Libra Controversy and President Milei

Argentinian news outlet La Nacion has reported that the United States Department of Justice has allegedly launched a probe into the tumultuous memecoin Libra, a token propelled into the spotlight by Argentina’s President Javier Milei before its swift and costly collapse. According to unnamed sources cited by the publication,

Artificial Intelligence

Fetch.ai Unveils ASI-1 Mini for Web3 AI and Decentralized Ownership

Fetch.ai, part of the Artificial Superintelligence Alliance (ASI), has introduced ASI-1 Mini, a new kind of artificial intelligence tool designed specifically for the Web3 world. Announced today, this tool is the first large language model (LLM) built to work seamlessly in decentralized online spaces, like blockchain networks. It’

Regulations

Senator Cynthia Lummis to Lead Digital Asset Hearing to Shape Crypto Future

U.S. Senator Cynthia Lummis of Wyoming is set to chair the inaugural hearing of the Senate Banking Subcommittee on Digital Assets, marking a pivotal moment for blockchain and crypto regulation in the United States. Lummis shared her excitement about this historic first step toward crafting bipartisan legislation that will

Blockchain

Trump’s $5 Million Gold Cards Could Gain Traction with Blockchain Addition

Donald Trump unveiled his “gold card” plan today—a $5 million express lane to U.S. citizenship for wealthy investors. Announced in the Oval Office on February 25, 2025, this isn’t some basic green card tweak; it’s a premium green card with perks and a clear shot at

Crypto

LA Vape Cabal Member Accused of Insider Trading Flees Country Due to Death Threats

Crypto influencer SolJakey has found himself at the center of a swirling controversy, prompting him to flee from Barcelona after receiving death threats tied to alleged insider trading. The accusations revolve around his supposed involvement with the LIBRA token, a project linked to Argentinian President Javier Milei that ultimately flopped.

Bitcoin

We Asked Grok AI Using Bitcoin GPT if Bitcoin and Crypto Can Replace Traditional Money - Here Was Its Answer

The debate surrounding Bitcoin and cryptocurrencies taking over traditional money has been discussed for years, sparking curiosity among enthusiasts and skeptics and everyone in between. To get a clear perspective, we turned to Grok AI, powered by Bitcoin GPT, and posed the question directly: can Bitcoin and crypto replace traditional

Markets

Four Reasons Why Bitcoin and Crypto Prices Are Crashing

The crypto market is in freefall, delivering a gut punch to investors as prices cratered on Tuesday. Bitcoin, Ethereum, Solana, and a bunch of other digital currencies nosedived by as much as 15%, shadowing a global slump that’s gripped stock markets as well. Crypto exchanges watched helplessly as $1.

Exchange

OKX Crypto Exchange Guilty of Money Laundering, Agrees to Pay Over $500 Million in Penalties

In a significant development, OKX, one of the world's leading cryptocurrency exchanges, has pleaded guilty to charges of violating U.S. anti-money laundering laws. The plea agreement, announced by the U.S. Attorney's Office for the Southern District of New York, includes OKX agreeing to

Crypto

Binance Founder Changpeng Zhao Posts His Crypto Portfolio, Reveals Holdings

Changpeng Zhao (CZ), the founder of Binance, has publicly disclosed his personal crypto portfolio. This disclosure comes at a time when Zhao is navigating through the aftermath of legal challenges, yet his investment choices underscore a strong belief in his own platform's native token, BNB. Zhao's

Bitcoin

Michael Saylor Met with the SEC Crypto Task Force, Presents Digital Assets Framework

Michael Saylor, the executive chairman of Strategy (formerly MicroStrategy) and a vocal Bitcoin evangelist, has dropped a comprehensive “Digital Assets Framework, Principles, and Opportunity for the United States” document. Presented to the SEC Crypto Task Force on Friday, this blueprint aims to position the United States as the global frontrunner

Crypto

German DekaBank Unveils Crypto Trading and Custody Services for Institutional Clients

DekaBank, a prominent German investment bank managing 377 billion euros in assets, has stepped into crypto by launching trading and custody services tailored for institutional clients. This Frankfurt-based institution, spent nearly two years refining this offering to ensure it meets the highest standards of security and regulatory adherence. The

Solana

Why Solana Price Is Down 8% Today, Unpacking the Reasons Behind the Drop

Solana (SOL) is taking a beating today, with its price dropping significantly nearly 8% in a matter of hours. Investors are scrambling to figure out what’s driving this steep decline, and the answer seems to lie in a messy mix of broader market trends and Solana specific woes. The