The Ethereum (ETH) price dumped 8% on Monday as the market continued to digest the fallout in wake of the near-$1.5 billion Bybit hack, but despite the downbeat price action, various experts remains highly bullish on Ethereum’s long-term outlook.
The post Ethereum Price Dumps 8%, But Presents Excellent Risk Reward – Big Bounce Coming? appeared first on Cryptonews. …
Month: February 2025
South Korean Customs Officials: ‘Smugglers’ Paid Crypto to Import Drugs
South Korean customs officials in the port city of Busan say they have arrested two people they claim took crypto from a Telegram-based “drug lord” in exchange for smuggling narcotics.
The post South Korean Customs Officials: ‘Smugglers’ Paid Crypto to Import Drugs appeared first on Cryptonews. …
Circle’s USDC and EURC Gain Legal Status with DFSA Approval in Dubai
Circle’s USDC and EURC have been approved as the first stablecoins under Dubai’s crypto regulatory framework, enabling their integration into financial services within the Dubai International Financial Centre (DIFC).
The post Circle’s USDC and EURC Gain Legal Status with DFSA Approval in Dubai appeared first on Cryptonews. …
Ken Griffin’s Citadel Securities Eyes Crypto Market-Making on Coinbase and Binance
Citadel Securities is entering crypto market-making, targeting exchanges like Coinbase and Binance, as regulatory shifts under the Trump administration signal a more favorable environment for institutional participation.
The post Ken Griffin’s Citadel Securities Eyes Crypto Market-Making on Coinbase and Binance appeared first on Cryptonews. …
Israel challenges Syria’s new leaders with demand for demilitarisation of south
Israel’s PM said it would not allow the forces of HTS or the new Syrian army “enter the area south of Damascus”.
Starbucks axes 1,100 jobs in bid for US turnaround
It is also simplifying the menu, including dropping the Royal English Breakfast Latte in the US.
Scottish businessman found dead in Kenya
Campbell Scott was attending a conference in Nairobi when he was last seen on 16 February.
Zelensky says he hopes to end Ukraine war ‘this year’
The Ukrainian president was speaking at a summit to mark the third anniversary of Russia’s full-scale invasion.
Pope’s condition has slightly improved, Vatican says
The Vatican says the Pope’s condition has improved as he spends an 11th day in hospital with double pneumonia.
Ex-surgeon admits ‘despicable acts’ in French child abuse trial
Joel Le Scouarnec is accused of assaulting or raping 299 people, the vast majority under 15 years old.