March 20, 2025 09:04:22 UTC
Bybit BEN: $1.4B Crypto Hack—88% of Stolen Funds Still Traceable
Hackers behind the $1.4 billion crypto heist used a BTC mixer to move funds, but 88.87% remain traceable, while 7.59% are untraceable, and 3.54% have been frozen. 86.29% of the stolen ETH (440K ETH) has been converted into 12,836 BTC, spread across 9,117 wallets. The biggest hurdle now is decoding mixer transactions. Over the past 30 days, Bybit BEN received 5,012 bounty reports, with only 63 deemed valid, highlighting ongoing investigative challenges.
March 20, 2025 09:02:47 UTC
Trump Media Execs Launch $179M SPAC to Target Crypto & Blockchain Firms
Executives from Trump Media are launching a new SPAC aimed at raising $179 million to acquire high-potential businesses in the cryptocurrency, blockchain, data security, and dual-use technologies sectors. The focus will be on U.S.-based firms, signaling a potential expansion into the crypto industry. While details remain unclear, this move could position Trump Media closer to blockchain innovation, adding a new dimension to its business strategy amid the growing digital asset landscape
March 20, 2025 09:01:32 UTC
Bitcoin Whales Resume Accumulation After Year-Long Decline
After nearly a year of declining balances, Bitcoin whales are showing signs of a comeback. March data reveals that whales have added 62,000 BTC to their holdings since the start of the month, signaling renewed accumulation. This shift suggests growing confidence among large investors, potentially setting the stage for a bullish move in the market. If this trend continues, Bitcoin’s price could see stronger support in the coming weeks as whales re-enter the market.
March 20, 2025 07:56:47 UTC
Why Isn’t XRP Price Surging Despite Ripple SEC Lawsuit End?
Despite Ripple’s legal win, XRP’s price remains limited due to two key factors. Retail traders are cashing out, taking profits after betting on a positive outcome, which creates selling pressure. Meanwhile, big institutional investors are still waiting—many held off until the legal uncertainty cleared. Now, with clarity, they may soon enter, potentially driving long-term growth. As institutional adoption builds, XRP’s next breakout could be on the horizon, but patience is key for major price movement.
March 20, 2025 07:52:35 UTC
Ripple CEO Eyes XRP ETF Launch by 2025 After SEC Battle Ends
Ripple CEO Brad Garlinghouse expects to launch an XRP exchange-traded fund (ETF) by the end of 2025, following the resolution of Ripple’s legal battle with the SEC. XRP surged 11% to over $2.51, strengthening its position as the third-largest cryptocurrency by market cap, behind Bitcoin and Ethereum. With growing institutional interest in crypto ETFs, Ripple’s move could mark a major milestone for XRP adoption in traditional finance.
March 20, 2025 07:49:12 UTC
Elon Musk’s X Sues Indian Govt Over Content Blocking & Censorship
Elon Musk’s social media platform X has filed a lawsuit in the Karnataka High Court, challenging the Indian government’s use of the IT Act to block content. X argues that the government’s use of Section 79(3)(b) creates unlawful censorship, bypassing the safeguards of Section 69A, which requires a structured review process. The platform also refused to onboard an employee onto Sahyog, a government portal it calls a “Censorship Portal.” X seeks legal protection against arbitrary blocking orders that violate Supreme Court rulings.
March 20, 2025 07:12:15 UTC
Donald Trump to Speak at Digital Asset Summit 2025
President Donald Trump is set to address the Digital Asset Summit (DAS) in New York City on March 20, making him the first sitting U.S. president to speak at a crypto industry event. His speech follows remarks by White House adviser Bo Hines, who hinted at the administration’s plan to stockpile Bitcoin for a strategic reserve. The event will also feature Michael Saylor, Ripple CEO Brad Garlinghouse, and key lawmakers. The address will be livestreamed on X and YouTube.
March 20, 2025 07:08:09 UTC
Pakistan Eyes Crypto Regulations to Compete with Global Hubs
According to Bloomberg, Bilal bin Saqib, CEO of the Pakistan Crypto Council, revealed that Pakistan is developing a clear regulatory framework for digital assets. The goal is to attract international investment and strengthen its Web3 ecosystem. With a young, tech-savvy population, Pakistan aims to become South Asia’s crypto hub, competing with Dubai, Singapore, and Hong Kong in blockchain innovation. This move could position the country as a major player in the global digital asset space.
March 20, 2025 07:03:54 UTC
Ripple Eyes Cross-Appeal After SEC Drops Case – What’s Next?
Ripple isn’t stopping here! With the SEC dropping its appeal, Ripple is now in control, but CEO Brad Garlinghouse revealed they’re still considering a cross-appeal to reclaim $125M in escrow. Previously, Ripple might have walked away, but with pro-crypto leadership emerging, Garlinghouse insists this case should never have happened. As the regulatory war shifts, all eyes are on Ripple’s next move—could it reshape the future of crypto?
March 20, 2025 05:47:08 UTC
Donald Trump Urges Fed to Cut Rates Ahead of ‘Liberation Day’ on April 2
Former U.S. President Donald Trump has called on the Federal Reserve to cut interest rates, arguing that easing U.S. tariffs will impact the economy and a rate cut would provide necessary support. In a recent statement, Trump urged the Fed to “do the right thing,” emphasizing that April 2 should be seen as “Liberation Day in America.” His remarks come as markets and policymakers debate the next move in U.S. monetary policy amid shifting economic conditions.
Source: https://coinpedia.org/news/crypto-news-today-march-20th-digital-asset-summit-2025-xrp-news-and-more/