Crypto exchanges maintaining operational or financial connections with Russia continue aiding circumvention of international sanctions, according to an Elliptic report. The platforms provide transaction routes allowing Russian entities to make cross-border payments shielded from traditional banking oversight through ruble-to-crypto conversions.โฆ
In this weekโs edition of weekly recap, XRP Ledger activated a members-only decentralized exchange for regulated institutions, Strategy reported its fourth-largest Bitcoin purchase of the year and Animoca Brands obtained regulatory approval in Dubai. XRP Ledger enables institutional-only trading Strategyโฆ
IoTeX reported containing a hack with losses around $2 million, disputing on-chain analyst estimates placing the theft at $4.3 million. The blockchain platform stated it coordinated with exchanges and law enforcement to freeze stolen funds following what it called aโฆ
Ethereum co-founder Vitalik Buterin identified limits to human attention as the core problem plaguing decentralized autonomous organizations (DAOs) and democratic governance systems. Writing on X, Buterin argued that participants face thousands of decisions across multiple domains of expertise without sufficientโฆ
Tether announced it will discontinue support for its offshore yuan stablecoin CNHโฎ, citing low demand and limited community adoption. The company will cease all new token issuances effective immediately, while redemption support will end one year from the announcement dateโฆ
Bitcoin ETFs recorded $88.04 million in net inflows on February 20, breaking a three-day outflow streak that drained $403.90 million. BlackRockโs IBIT led with $64.46 million while Fidelityโs FBTC attracted $23.59 million, with remaining funds posting zero flows. Bitcoin (BTC)โฆ