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Showing posts from February 21, 2025

Bybit Faces Historic Withdrawals—350K Requests and Counting

Bybit scrambled to process over 350,000 withdrawal requests after a massive hack, with executives calling it possibly the worst financial breach ever. Bybit in Crisis Mode—350,000 Withdrawals Flood the System Ben Zhou, CEO of crypto exchange Bybit, provided an update on social media platform X on Feb. 21 regarding the company’s response to a recent […]

Congress Pushes 5 Urgent Banking Reforms to Stop Debanking

Lawmakers are demanding urgent FDIC action to end “debanking,” warning that unchecked regulatory power threatens financial access and could be weaponized against lawful businesses. 5 Recommendations to End ‘Debanking’: Congress Pressures FDIC to Act Now House Financial Services Committee Chairman French Hill, along with Representatives Dan Meuser, Andy Barr, and Bryan Steil, have urged the […]

From Vesting Plans to Binance Wallets: A Deep Dive into TRUMP Token’s Distribution

More than a month after Donald Trump, the 47th U.S. president, launched his meme-inspired TRUMP token, the Solana-based crypto asset continues to glitter in the top 50 rankings. A lively 709,835 unique wallets now hold the token, sparking curiosity about its biggest holders and how this newly launched digital offering is distributed. Let’s peek at […]

Bitget Wallet Adds Aave Integration for Multi-Chain Stablecoin Staking

Bitget Wallet has integrated decentralized lending protocol Aave to allow users to stake USDT and USDC across five blockchain networks while retaining self-custody of assets. Aave Integration Enables Cross-Chain Stablecoin Staking on Bitget Wallet Bitget Wallet has integrated decentralized lending protocol Aave to allow users to stake USDT and USDC across five blockchain networks while […]
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