Crypto Hackers Stole Nearly $80 Million in January 2025—Here’s What Happened

Phemex exchange suffers major security breach with $69.1M stolen, representing the bulk of January’s crypto losses amid hot wallet vulnerability. BNB Chain emerges as the most targeted network with 50% of all recorded attacks, followed by Ethereum accounting for 25% of incidents. Despite monthly surge, year-over-year crypto theft shows 44.6% decrease from January 2024, indicating…

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Ripple Secures NY, Texas Money Transmitter Licenses: Now Holds 33 US Permits

Company now holds over 55 global licenses, processing $70 billion in transactions across 90 markets with doubled North American customer base. Strategic expansion includes RLUSD stablecoin launch and increased US workforce, with 75% of new positions based domestically. Favorable regulatory shifts and pro-crypto administration support growth, despite previous challenges with SEC over XRP classification. Ripple,…

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FTSE Russell Partners with SonarX to Launch Crypto Indexes

Partnership with SonarX enables development of sophisticated crypto indexes using fundamental factors beyond market capitalization. Move reflects broader institutional adoption trend, with crypto ETFs attracting over $120 billion in managed assets. Strategic expansion aligns with increasing institutional demand for comprehensive cryptocurrency data and analysis tools. FTSE Russell, which is backed by the London Stock Exchange…

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Coinbase Secures Historic Argentina License amid 80% Crypto Salary Support

Appointment of local crypto expert Matías Alberti signals Coinbase’s commitment to understanding and serving Argentina’s unique market needs. Research shows 5 million Argentinians use crypto daily, with 80% open to receiving payments in digital currencies. Economic instability drives crypto adoption, with Coinbase positioning itself as an educational leader in the region’s digital asset space. Leading…

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Solana Becomes Third-Largest Stablecoin Network, SOL Price Rally to $300 Soon?

Solana becomes the third-largest blockchain in stablecoin supply, surpassing BNB Chain. Circle’s USDC dominates Solana’s stablecoin market with a 78% share, while Tether’s USDt lags at 12%. Solana’s price has increased by 24% over the past month, with analysts optimistic about potential further growth past $300. Solana, the Ethereum Layer-1 competitor, has registered a 73%…

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