David Blumenfeld
@serdave-eth
If you want the best summary of crypto news delivered to your inbox every week, subscribe to Crypto Weekly, authored by myself and @maaria: https://thisweekincrypto.substack.com/ But since I have your attention...here are the 5 biggest news stories last week π π π
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David Blumenfeld
@serdave-eth
President Donald Trump announced the creation of a strategic crypto reserve, which would include cryptocurrencies like BTC, ETH, SOL, XRP, and ADA. Crypto assets rose on the announcement. https://www.bloomberg.com/news/articles/2025-03-02/bitcoin-jumps-after-trump-pledges-strategic-us-crypto-reserve
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David Blumenfeld
@serdave-eth
Investors pulled a record $1 billion from spot Bitcoin ETFs as the token price dropped to its lowest level since mid-November amid broader risk aversion in financial markets. https://www.bloomberg.com/news/articles/2025-02-26/bitcoin-etfs-see-record-1-billion-outflow-qqq-spy-gain
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David Blumenfeld
@serdave-eth
The SEC announced it is dropping investigations against Coinbase, Consensys, Uniswap, Robinhood, Gemini and is seeking a pause in its investigation against Tron founder Justin Sun.
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David Blumenfeld
@serdave-eth
The FBI confirmed North Korea was responsible for the $1.4 billion theft from Bybit, the largest hack in crypto history. Hackers injected malicious JavaScript code into wallet provider Safe's infrastructure, with the code designed to activate only when interacting with Bybit's contract address. https://decrypt.co/307990/fbi-links-north-korea-to-1-4-billion-bybit-crypto-heist
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