SAN FRANCISCO, Feb. 27, 2025 (GLOBE NEWSWIRE) — Investors in Block, Inc. (NYSE: SQ) n/k/a began to learn of potentially adverse information about the company and its Square and Cash App platforms on Mar. 23, 2023, when Hindenburg Research published a scathing report on the company.After a 2-year

The cryptocurrency exchange and derivatives exchange BitMEX is looking for a buyer and employed the independent investment bank Broadhaven Capital Partners to facilitate the sale, according to CoinDesk citing people familiar with the matter. BitMEX's search for a buyer comes after a federal judge fi

Recent efforts to “debank” crypto firms in the US revealed a “staggering” level of corruption among government officials, and the problem is not yet resolved, one banking executive said in a Feb. 27 interview during Bitcoin Investor Week. “The magnitude of skullduggery that is happening in Washingto

The dollar jumped on Thursday, on track for its biggest daily percentage gain in nearly two months, as U.S. President Donald Trump's latest tariff comments overshadowed signs of slower economic growth.The greenback initially pared gains after data showed weekly initial jobless claims rose by 22,

Crypto crime was rife in 2024 despite it being a landmark year for institutional adoption. A report by blockchain security firm Chainalysis reveals that $40 billion was received by illicit addresses.The $40 billion is an estimate that will rise throughout 2025 as more details around historical crime

Former FDIC board member Jonathan McKernan is being questioned on Thursday by the Senate Banking Committee on whether he is fit to lead the Consumer Financial Protection Bureau (CFPB). McKernan recently stepped down from the Federal Deposit Insurance Corporation, after President Donald Trump nominat

A jury found a 73-year-old Montana man guilty of a cryptocurrency money laundering conspiracy tied to romance scams and other fraudulent endeavors.Randall V. Rule, formerly of Kalispell, Mont., and another defendant, Gregory C. Nysewander of Irmo, S.C., were charged with money laundering conspiracy,

Consensys and the U.S. Securities and Exchange Commission have agreed 'in principle' to end the case against MetaMask, the company's founder Joseph Lubin said Thursday."I'm pleased to announce that Consensys and the SEC have agreed in principle that the securities enforcement case concerning MetaMas

The largest cryptocurrency in the world, Bitcoin has plunged a dramatic 11% from its all-time high. Although some investors might find this price devaluation alarming, historical data indicates that it is really small in respect to the other market cycles of the cryptocurrencies.The past price trend

The U.S. Securities watchdog ended its investigation into Gemini without filing enforcement charges, but the exchange’s Co-Founder, Cameron Winklevoss, isn’t letting it go. In a fiery post on X, Winklevoss condemned the agency’s handling of the probe, arguing that it inflicted massive financial and

Funds exploited from the crypto industry have exploded in February, with $1.53 billion in losses across 9 hacking incidents — a 20x increase month-over-month — according to the latest report from web3 bug bounty and security services platform Immunefi.The figures also represent an 18x increase on Fe

The United States on Thursday deported a Russian man wanted by Moscow on charges of armed robbery, Russian authorities said, amid intensifying diplomacy between the two sides.In a statement published on Telegram, Russia's prosecutor general said that Dmitry Koshelev had been deported from the U.S. a

What was shaping up to be a strong opening for U.S. stocks is less so after President Trump clarified his latest thoughts on tariffs.In a post on his Truth Social complaining about the influx of drugs from both north and south of the U.S. border, the president said tariffs will begin against Mexico

What was shaping up to be a strong opening for U.S. stocks is less so after President Trump clarified his latest thoughts on tariffs.In a post on his Truth Social complaining about the influx of drugs from both north and south of the U.S. border, the president said tariffs will begin against Mexico

Solana’s price trades 52% below its all-time high of $295 on Jan. 19. The 41% drawdown over the last month accompanies a 40% drawdown in the total value locked on Solana, with SOL’s technical setup pointing to further losses ahead.Solana TVL drops $5B in 30 daysThe total value locked (TVL) on the S

Bitcoin’s nosedive continued in the past 24 hours as the asset plunged to another multi-month low of just over $82,000 before it managed to recover some ground.Ethereum is the top loser from the larger-cap alts today, while LTC and AVAX stand with minor gains after another massacre.BTC Rebounds to $

Bitcoin may finally reach a key downside target from last year as edges ever closer to old all-time highs.In fresh X analysis on Feb. 27, trader and analyst Rekt Capital flagged an incoming “gap” in CME Group’s Bitcoin futures markets.Battle of the Bitcoin futures gaps beginsBitcoin hit new multim

The Federal Bureau of Investigation (FBI) asked for crypto industry help in tracking and blocking transactions intended to launder the $1.5 billion stolen from Bybit by North Korean hackers.The FBI published a list of Ethereum addresses that are holding or have held assets from the theft in a public

THORChain, a crosschain swap protocol, is experiencing a surge in activity following the $1.4 billion exploit of cryptocurrency exchange Bybit.On Feb. 26, the protocol processed $859.61 million in swaps, marking its highest-ever daily volume, according to data from THORChain Explorer. The momentum c

BlackRock's spot Bitcoin exchange-traded fund IBIT witnessed record net outflows of $418.1 million on Wednesday as the crypto price plunge extended into a third day.BlackRock's previous record daily outflows of $332.6 million came on Jan. 2 ahead of bitcoin's rise to Inauguration Day all-time highs