Tag: Crypto

Crypto Professionals in the Firing Line as ClickFix Scam Spreads

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Crypto hackers attempting to use “ClickFix” attacks to steal crypto have now turned to impersonating venture capital firms and hijacking browser extensions in their two most recent attacks.  According to a report by cybersecurity firm Moonlock Lab on Monday, scammers are using fake venture capital firms such as SolidBit, MegaBit and Lumax Capital. The hackers are using the firms to contact users via LinkedIn with partnership offers, then funneling them to fake Zoom and Google Meet links.  When a target clicks the fraudulent link, they are taken to an event…

Iran Crypto Outflows Rose 700% After US-Israel Attack

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Iran’s top crypto exchange saw a significant spike in crypto withdrawals within minutes of the US and Israel launching strikes in Tehran on Saturday. However, a widespread internet outage curbed additional outflows. In a post on Monday, Elliptic said crypto outflows from the Nobitex exchange surged by more than 700% to over $500,000 within minutes of the first airstrikes, with a chart showing that outflows reached nearly $3 million in a single hour later that day.  Crypto outflows on Nobitex from late February to March 1. Source: Elliptic Elliptic said…

Iran crypto outflows surge 700% after US-Israel strikes as capital flees offshore

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Crypto analytics firm Elliptic detected a significant spike in digital asset withdrawals from Nobitex, Iran’s dominant crypto exchange serving more than 11 million users, in the immediate aftermath of initial US-Israel military strikes on Iranian territory. The London-based blockchain intelligence company said the surge in outflows last Saturday may indicate capital flight. Outgoing transaction volumes spiked by 700% within minutes of the first strikes. Elliptic said the data suggests Iranian users converted rials into digital assets and moved funds to external wallets beyond the reach of conventional banking oversight. Nobitex…

Why Nexo Is Reentering the US After the 2023 Crypto Lending Crackdown

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Key takeaways After paying a $45-million settlement in 2023 and exiting the market, Nexo has reentered the US with a redesigned product model focused on regulatory alignment rather than direct yield issuance. The 2023 crackdown centered on unregistered securities concerns. The SEC alleged that Nexo’s Earn Interest Product functioned as an unregistered security, raising questions about retail yield marketing, transparency, custody practices and counterparty risk. The new model relies on licensed US partners. Instead of directly offering yield products, Nexo now operates through regulated US intermediaries, including licensed entities and,…

Crypto funds snap five-week outflow streak, drawing $1B amid Bitcoin whale accumulation

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Digital asset investment products posted their first inflows in five weeks, pulling in more than $1 billion after a $4 billion run of outflows, CoinShares reported Monday. Analysts suggested that the turnaround might have been driven less by macro catalysts and more by market dynamics, including prior price weakness, technical resets, and renewed accumulation by large Bitcoin holders. Bitcoin led the rebound, attracting around $881 million in new capital. Ethereum, the second-largest crypto asset, posted $117 million in inflows, its strongest weekly performance since mid-January. Both assets nonetheless remain in…

Crypto ETPs Post $1B Inflows as Bitcoin Leads Gains

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Crypto investment products recorded their first weekly inflows since January last week, snapping a five-week outflow streak of around $4 billion. Crypto exchange-traded products (ETPs) attracted $1 billion in inflows last week, led by $882 million into Bitcoin (BTC) funds, according to a Monday report from CoinShares. “From a macro standpoint, it is difficult to attribute the shift in sentiment to a single catalyst,” said James Butterfill, CoinShares’ head of research. He said the reversal likely reflected prior price weakness, a break below key technical levels and renewed accumulation by…

Fed Will Print Money for Iran War, Boosting Crypto

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The US Federal Reserve could ease its hawkish monetary policy to help finance the country’s conflict with Iran, which would boost crypto markets, says BitMEX co-founder Arthur Hayes. Hayes said in a blog post on Monday that every US president since 1985 has launched military action in the Middle East, and each time, the Federal Reserve has responded by cutting rates and expanding the money supply to finance the conflict. “The longer Trump engages in the extremely costly activity of Iranian nation-building, the higher the likelihood that the Fed lowers…

Crypto Scams and Hacks Drop Sharply in February, PeckShield

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The monthly losses from crypto hacks and scams in February hit the lowest level since March 2025, with $26.5 million stolen last month, says blockchain security company PeckShield.  Out of 15 instances in February, only two accounted for most of the month’s losses, with the largest being the $10 million theft from YieldBlox’s DAO-managed lending pool via a price manipulation attack on Feb. 21, PeckShield reported in an X post on Sunday.  The second-largest exploit targeted the decentralized identity protocol IoTeX, which lost about $8.9 million to a private key…

X Lifts Crypto Promo Ban, Allows Paid Partnerships

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Social media platform X is now permitting paid promotional crypto posts under its updated labeling policy, though crypto advertisements will continue to be banned in several key markets, including the UK and European Union. X lifted its ban on crypto and gambling promotions on Sunday, enabling industry influencers to monetize crypto content, provided they comply with the platform’s new paid partnership framework. However, crypto influencers will be responsible for ensuring that partnerships are blocked or not visible in the European Union, the UK and Australia, regions with strict financial promotion…

Consolidation Likely Coming to Crypto Treasury Market: Crypto exec

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The crypto treasury market is likely to consolidate this year amid the market downturn, as companies with operating businesses merge with or acquire those trading below net asset value (NAV), according to Wojciech Kaszycki, chief strategy officer of crypto infrastructure and treasury company BTCS. Operating businesses, such as providing validator services for blockchain networks or offering public and private credit instruments, generate cash flow that give crypto treasury companies an edge over those that only accumulate crypto, Kaszycki told Cointelegraph. This financial edge allows them to buy up companies treading…