Crypto News
Bitget Enables South African Rand Deposits and Withdrawals via Callpay
Bitget, a Seychelles-based crypto exchange, has partnered with Callpay to enable South African Rand (ZAR) deposits and withdrawals. Streamlining Fiat-Crypto Transactions The Seychelles-based cryptocurrency exchange Bitget announced Feb. 25 that it had integrated with the payment solutions provider Callpay to “offer deposit and withdrawal services in South African rand (ZAR).” It described the integration asSource link
SEC Crypto Task Force Meets With Robinhood to Discuss Digital Asset Regulations
Robinhood pushed the SEC in a high-profile meeting to clarify crypto rules, criticizing case-by-case litigation and urging a structured regulatory framework. Robinhood Urges SEC to Clarify Crypto Rules During High-Profile Meeting The U.S. Securities and Exchange Commission (SEC)’s Crypto Task Force met with representatives from Robinhood Markets Inc. on Feb. 19 to discuss regulatory approachesSource link
Hackers Are Using Fake GitHub Code to Steal Your Bitcoin: Kaspersky
The GitHub code you use to build a trendy application or patch existing bugs might just be used to steal your bitcoin (BTC) or other crypto holdings, according to a Kaspersky report.GitHub is popular tool among developers of all types, but even more so among crypto-focused projects, where a simple application may generate millions of dollars in revenue.The report warned users of a “GitVenom” campaign that’s been active for at least two years but is steadily on the rise, involving planting malicious code in fake projects on the popular code repository platform.The attack starts with seemingly legitimate GitHub projects — like making Telegram bots for managing bitcoin wallets or tools for computer games.Each comes with a polished README file, often...
Illinois Senator Proposes Bill to Regulate Crypto ATMs Nationwide
The bill would limit crypto ATM transactions for new users, mandate fraud alerts, and ensure refunds for victims reporting fraud.Source link
U.S. Bitcoin ETFs See Record Daily Outflow of Over $930M as Carry Trades Lose Shine to...
Tuesday was a rough day for the crypto market, as bitcoin (BTC) fell to three-month lows below $87,000, dragging the broader market down. More importantly, investors withdrew funds from U.S.-listed spot bitcoin exchange-traded funds (ETF) at an unprecedented rate.The 11 spot ETFs registered a cumulative net outflow of $937.78 million, the most significant single-day redemption since the funds began trading in January 2024, according to data tracked by SoSoValue.Fidelity's FBTC saw the most outflow, totaling $344.65 million, followed by $164.37 million in redemptions from BlackRock's IBIT. The remaining funds registered outflows of less than $100 million each.The weakening appetite for these ETFs could be attributed to the decline in the premium in the CME-listed bitcoin futures, which has dented the...