In a landmark move, the U.S. House of Representatives is working to overturn IRS regulations that were established during the last days of former President Joe Biden’s administration, specifically impacting decentralized cryptocurrency platforms. This legislative effort is currently under review by the Ways and Means Committee, which is responsible for internal audit oversight related to … Read more
Denver, Colorado, February 27, 2025 / AlexaBlockchain/ – CPUcoin, a leading innovator in decentralized computing, is proud to announce the launch of MAITRIX™, a transformative AI hub designed to revolutionize AI access and CPUcoin’s utility. Debuting at ETH Denver, MAITRIX provides a unified platform for users to access a comprehensive suite of AI tools, including chatbots, image generators, and code generators, … Read more
Felix Pinkston Feb 26, 2025 11:21 Bybit’s massive $1.48 billion hack caused panic withdrawals and a market-wide sell-off, impacting Bitcoin and Ethereum prices significantly, according to Glassnode. In a significant development for the cryptocurrency market, Bybit experienced a historic hack involving $1.48 billion worth of digital assets, including 403,996 ETH, according to Glassnode. The incident, … Read more
MEXC has invested $20 million in USDe, Ethena’s synthetic dollar, to drive stablecoin adoption and expand DeFi innovation. The exchange also launched a $1 million rewards campaign to incentivize participation in the growing stablecoin market. $20 Million Investment in USDe to Boost Stablecoin Adoption MEXC, a global crypto exchange has announced a $20 million investment … Read more
Hubpay has joined forces with Aquanow to launch UAE’s first fully regulated crypto payment gateway tailored for businesses. It enables enterprises across diverse sectors to securely accept crypto payments. Pioneering Regulated Crypto Payments in the UAE Hubpay is a cross-border payments platform while Aquanow provides crypto infrastructure for financial services. Aquanow ME FZE operates under … Read more
Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice. Matt Furie is not just an artist but a meme cultural phenomenon, … Read more
The U.S. Securities and Exchange Commission, the Tron Foundation and Justin Sun filed a joint motion Wednesday asking a federal judge to pause the securities regulator’s ongoing case against the crypto entrepreneur and his company. The motion is similar to motions filed in the SEC’s ongoing cases against Coinbase and Binance. In both cases, the … Read more
Bitcoin is heading toward lower price targets, with a significant drop in Bitcoin ETFs. Ethereum and Solana continue their downward movements, while XRP is breaking below a key support level. Crypto usually performs well during bullish times, but currently, the market is facing significant sell pressure. With the stock market dropping and Bitcoin ETFs facing … Read more
A Russian founder of cryptocurrency exchange Gotbit has been extradited to the U.S. to face charges of wire fraud and conspiracy to commit market manipulation. Code for Wash Trading Crypto Transactions Aleksei Andriunin, 26, founder of cryptocurrency exchange Gotbit, has been extradited to the United States to face charges of manipulating cryptocurrency markets on behalf … Read more
Nvidia’s latest earnings have beaten Wall Street estimates on the top and bottom line as the chip maker said AI is advancing at “light speed.”