Category: crypto

BlockFills co-founder and CEO Nicholas Hammer steps down, Joseph Perry is interim CEO. The company faces $75 million loss and halts deposits and withdrawals due to market stress. Seeking sale or partnership, management seeks buyer to stabilize operations. Uncertain future in ongoing crypto bear market.

A YouTube star’s editor was fined over $20,000 and suspended from trading on the Kalshi platform for two years due to insider trading related to the creator’s event contracts. Kalshi’s disciplinary committee found the editor violated rules and failed to cooperate with the investigation. Beast Industries is conducting its own inquiry.

Two suspects have been arrested in South Korea for allegedly stealing 22 bitcoins that were held as evidence by the Gangnam Police Station. The missing bitcoins, valued at $1.5 million, were discovered during an audit of police custody practices. Law enforcement plans to implement stronger security measures for seized digital assets.

Jeff Park from Bitwise explains that Bitcoin has not reached $150,000 due to the structure of ETFs. Authorized Participants can hedge ETF exposure using futures instead of buying spot Bitcoin, weakening the link between ETF inflows and price appreciation. The shift to in-kind redemptions and OTC sourcing may mute Bitcoin’s upside potential.

UK MPs led by Matt Western are proposing a temporary ban on political crypto donations due to concerns about foreign interference. They are calling for safeguards such as using FCA-registered platforms, source verification, banning mixers, and converting donations to pound sterling quickly. Reform UK was the first UK party to accept crypto donations.

Former Ethereum treasury firm EthZilla has rebranded as Forum Markets, focusing on tokenized real-world assets. The company will trade under the ticker FRMM from March 2. Forum aims to connect traditional capital markets with blockchain-based financial infrastructure. Shares climbed 13% after the rebrand, but year-to-date, they are down over 20%.

World Liberty Financial is proposing a new Governance Staking System to incentivize long-term participation, redistribute arbitrage profits to committed token holders, and increase adoption of its USD1 stablecoin. The system requires staking of tokens for governance participation, offers tiered benefits, and aims to redirect arbitrage profits to ecosystem participants.

Indiana lawmakers have passed the Bitcoin Rights Bill, HB 1042, which allows cryptocurrency investment options in public retirement plans and protects individual digital asset access. The bill awaits Governor Mike Braun’s approval and, if signed, will take effect on July 1, 2026, reflecting a growing institutional adoption of Bitcoin.

Federal prosecutors in North Carolina seized over $61 million in Tether linked to a romance-style investment fraud scheme known as “pig butchering.” Homeland Security Investigations traced stolen funds to multiple crypto wallets controlled by criminals. The operation reflects ongoing U.S. efforts to crack down on cryptocurrency fraud and money laundering.

Ethereum (ETH) is shifting its focus in DeFi to permissionless, secure, and privacy-first protocols, prioritizing user control and reducing reliance on centralized actors. Vitalik Buterin outlined a walkaway test for long-term resilience, emphasizing the importance of privacy, security, and decentralized oracle systems for sustainable growth in decentralized finance.