Wednesday, February 12, 2025

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Bitcoin News

Hacker Refuses to Hand Police Password for Seized Wallet With $6.5M in Bitcoin

Throughout a two-year prison term, the man repeatedly refused to give wallet access to German authorities.

DeFi Season? LINK, AAVE, ZRX and COMP Hit Record Price Highs, Outperforming Bitcoin

An analyst expects DeFi tokens to mimic bitcoin's 2017 bull run this year.

Australia’s Central Bank Says Bitcoin ‘Not Really Money,’ No Risk to Financial Stability

The Reserve Bank's assistant governor for financial systems, Michelle Bullock, said there is "a lot of fuss over bitcoin."

Twitter CEO Jack Dorsey Has Set up His Own Bitcoin Node

Dorsey will now have a hand in keeping the bitcoin network running.

Credit Card Companies Should Offer Stablecoin Payments or Be Left Behind: Gartner

Centralized payment firms like Visa, Mastercard and PayPal have an opportunity to offer innovative stablecoin payment networks, the research firm said.

Crypto Hedge Fund Founder Pleads Guilty to $90M Fraud

Virgil Capital founder Stefan Qin lied to investors and siphoned off millions to fund a lavish lifestyle.

Following GameStop, South Korea Financial Regulator Extends Ban on Short Sales

Caving to pressure from retail traders, South Korea's ban on short-selling has been extended through May 2021.

Yearn Finance DAI Vault ‘Has Suffered an Exploit’; Funds Lost Unclear

The amount taken is unclear but Yearn shows percentage losses for the DAI vault in the triple digits.

Market Wrap: Bitcoin Drops to $36.3K as DeFi Jumps to $32B on Ether FOMO

The amount of crypto in USD values locked in decentralized finance has reached $32.8 billion, a new high.

What We Learned About PayPal’s Crypto Strategy This Week

Insights from PayPal’s first quarterly earnings report since launching crypto services.

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