OKX, the world's third-largest cryptocurrency exchange, released its 28th consecutive Proof of Reserves (PoR) report, showing $28.1 billion in reserve assets as of February 25, 2025, up 59% year-over-year.
⚫️ 128,000 BTC: +1.59% since its last PoR on January 10, 2025. ⚫️ 1.7 million ETH: -4.44%. ⚫️ 8.54 billion USDT: +9.86%. ⚫ 1.3 billion USDC: +11.52%.
Bitcoin spot ETFs saw record outflows on February 26, 2025, with nearly $940 million leaving as Bitcoin plummeted below $88,000, its lowest level since November 2024.
President Donald Trump announced that in two weeks the U.S. will sell $5 million worth of “gold cards,” granting green card privileges, work authorization and a path to citizenship.
Aimed at attracting job creators and high-level individuals, Gold Card holders will not pay taxes on their foreign earnings, but will pay U.S. income tax on their domestic earnings.
The sale of 10 million cards could generate $50 trillion, potentially wiping out the national debt.
Bybit has officially registered with Indian authorities, restoring all services for existing users as of February 25, including the ability to open new transactions and access all products.
🇺🇸😱 The United States Department of Justice has begun the initial stage of the investigation into the $LIBRA cryptocurrency case against Javier Milei, Argentine president 🇦🇷
More than 950 million dollars were liquidated in the last 24 hours, including 800 million dollars in long positions, while Bitcoin fell from over 96,000 dollars to less than 91,000 dollars.
The total market capitalization of cryptocurrencies fell by 180 billion dollars in the last 24 hours.
The FBI of the U.S. is looking for Park Jin Hyok, a North Korean hacker linked to the Lazarus Group, known for some of the largest cyber and cryptocurrency thefts.
⚫ Bangladesh Bank (2016): 81 million dollars. ⚫ Axie Infinity (2022): 625 million dollars. ⚫ Harmony (2022): 100 million dollars. ⚫ Stake (2023): 41 million dollars. ⚫ Bybit (2025): 1.45 billion dollars.
OKX agreed to a $505 million settlement with the U.S. Department of Justice for operating without a license. It will pay $84 million in fines and forfeit $421 million in fees.
The Justice Department claimed that OKX’s U.S. institutional clients were among its largest customers, with one firm alone generating more than $1 trillion in transactions, despite OKX not having registered as an MSB and its official policy of banning U.S. customers.
$BTC El Salvador bought another 7 BTC after pausing its daily Bitcoin purchases for seven days from February 18 to 24, 2025, one of its longest pauses.
The country now holds 6,088 BTC worth $562.9 million.