Binance to Remove FLOW/BTC Spot Trading Pair after Flow Exploit Report

Cryptocurrency exchange Binance has announced a change in its policies related to trading and monitoring following a $3.9 million exploit of the Flow blockchain last week. In a Friday announcement, Binance said it would remove nine spot trading pairs from the exchange beginning on Saturday, including one for Flow (FLOW)/Bitcoin (BTC). In a separate notice,…

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Aave Founder Responds to Governance Vote With New Strategy

Aave founder and CEO Stani Kulechov has outlined a broader strategic vision for the protocol following a contentious governance vote that rejected a proposal to transfer control of Aave’s brand assets and intellectual property to its decentralized autonomous organization (DAO). The failed vote has prompted renewed debate within the Aave community over the protocol’s long-term…

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Ilya Lichtenstein credits Trump’s First Step Act for early release in Bitfinex hack case

Ilya Lichtenstein, who was sentenced to five years in prison in November 2024 after pleading guilty to charges tied to the 2016 Bitfinex cryptocurrency exchange hack, was released from prison after just 14 months behind bars. “Thanks to President [Donald] Trump’s First Step Act, I have been released from prison early,” Lichtenstein said on X…

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Turkmenistan enacts crypto law allowing mining and exchanges to attract foreign investment

Turkmenistan officially put into effect the Law on Virtual Assets legalizing cryptocurrency mining and crypto exchanges as it looks to boost economic development and attract foreign investment. The new rules, which President Serdar Berdimuhamedov signed into law on Nov. 28, provide a framework for the use, creation and exchange of virtual assets in the country….

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$110B in crypto leaves South Korea in 2025 as trading rules lag global markets

South Koreans moved more than 160 trillion won ($110 billion) from local crypto exchanges to foreign platforms last year due regulatory restrictions in the country, one of Asia’s most active digital asset markets, a joint Coingecko and Tiger Research report revealed Friday. The regulatory framework has been slow to evolve. In December, the long-awaited Digital…

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Iran accepts cryptocurrency as payment for advanced weapons

Mindex, the export center of Iran’s Ministry of Defense, is accepting cryptocurrency payments method for advanced weapons systems as a means of bypassing international sanctions that the country faces. Prospective customers can buy weapons such as missiles, tanks and drones using crypto, amongst other accepted payment methods including Iranian rials or bartering, according to the…

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