Category: Bitcoin News

Blockchain intelligence platform TRM Labs has joined forces with banking infrastructure firm Finray Technologies to create a unified system that monitors both crypto and fiat transactions. Finray’s compliance and decision engine, XZiel, has been integrated with TRM’s blockchain intelligence tools to enable real-time alert triaging, automated escalation, case management, and risk assessment across crypto and fiat transactions, the companies announced on Tuesday. With stablecoin settlements and fiat payment flows becoming increasingly interconnected and with new regulations such as Europe’s Markets in Crypto-Assets (MiCA), institutions operating in both markets now require…

The court-appointed administrator leading crypto company Terraform Labs through its bankruptcy has sued trading firm Jane Street, accusing it of insider trading that worsened the collapse of the multibillion-dollar Terra ecosystem. On Monday, Todd Snyder, Terraform’s court-appointed administrator, sued Jane Street, its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang in a Manhattan federal court, accusing them of “misappropriating confidential information and manipulating market prices.” The heavily redacted complaint claimed Jane Street used connections with “Terraform insiders to learn material non-public information” about the company and used the…

Three Solana-based platforms have announced they are shutting down after a Step Finance hack at the end of January that has been deemed unrecoverable.  Solana portfolio dashboard and DeFi aggregator Step Finance announced on Monday that it would be winding down operations. The closure also extends to subsidiaries Solana NFT analytics and ecosystem media outlet SolanaFloor, and lending and yield protocol Remora Markets. “Following the hack at the end of January, we explored every possible path forward, including financing and acquisition opportunities,” it stated, referring to a $27 million security…

Crypto trading platform Backpack Exchange on Monday announced that stakers of its forthcoming Backpack token will be able to earn equity in the exchange, as the company moves toward a potential initial public offering. “Users that stake the Backpack token for at least a year will have the opportunity to exchange those tokens for equity at a fixed ratio—20% of the company today,” said Backpack CEO and founder Armani Ferrante in a post to X on Monday. 20% of Backpack equity given to users who stake for a year. Don’t…

Spot Bitcoin exchange-traded funds (ETFs) are on track to post a fourth consecutive month of net outflows as Bitcoin (BTC) approaches a fifth negative monthly close in February. The slowdown is visible across the shrinking fund balances and the bearish rolling net flow data, especially when measured against competing asset ETFs. With Bitcoin price and the spot ETF holdings trending lower since October, investors are searching for answers on what the future may hold for BTC. Bitcoin ETFs dominate headlines Net assets held in US spot Bitcoin ETFs peaked near…

Key takeaways: Historical data shows Bitcoin often outperforms during trade wars and liquidity injections despite initial macro fear. Resilient mining activity and a shift to net long positions on CME futures suggest professional traders are buying the dip. Bitcoin (BTC) traders are becoming increasingly anxious after 18 days of trading below the $75,000 level. Concerns intensified following a retest of $64,200 on Monday, triggered by a retreat in global stock markets. US President Donald Trump’s decision to increase baseline import tariffs to 15% has heightened uncertainty, leading investors to adopt…