Infamous Mixing Protocol eXch Drops USDT, USDC Amid Bybit Theft Scrutiny eXch, a notorious centralized mixing protocol, is under intense scrutiny from U.S. authorities for its alleged role in laundering millions stolen by North Korean hackers from the Bybit exchange. In a bid to evade regulatory heat, eXch is restructuring its operations, which includes merging […]
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Bitcoin Mining’s Energy Shift: Coal Use Drops While Renewables Rise Bitcoin mining is undergoing a significant transformation, moving away from coal and embracing renewable energy sources. This shift reflects the industry’s response to environmental concerns and aligns with broader energy sector trends. Coal’s use in Bitcoin mining dropped from 63% in 2011 to 20% in […]
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9GAG’s Bold Leap: Acquiring Howkingtech to Launch MemeStrategy and Dive into Bitcoin and AI 9GAG, the beloved meme-sharing platform, has taken a significant step into the realms of AI, cryptocurrencies, and the creator economy by acquiring Hong Kong-listed Howkingtech International. The acquisition, led by 9GAG co-founder Ray Chan, will see Howkingtech rebranded as MemeStrategy, with […]
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UK Trade Bodies Demand Action on Blockchain and Digital Assets Six leading UK trade bodies have issued a strong call to action, urging the government to prioritize the blockchain and digital assets sector. In a letter to Varun Chandra, the Prime Minister’s special adviser, they demand the appointment of a dedicated blockchain envoy and the […]
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Concerns Mount Over Circle’s IPO Amid Robust Revenue Growth and Persistent Profitability Struggles Circle, the powerhouse behind the widely-used stablecoin USDC, is gearing up for its long-awaited Initial Public Offering (IPO). Despite boasting significant revenue growth, the big question mark over profitability continues to cast a shadow over the company’s financial health and the IPO’s […]
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Bybit Exits NFT Market Amid Declining Sales: A Strategic Pivot or a Sign of the Times? Bybit, a leading cryptocurrency exchange, has announced the closure of its NFT marketplace, Inscription marketplace, and Initial DEX Offering (IDO) platform, effective April 8, 2025. This move comes as the NFT market faces a significant downturn, with sales dropping […]
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New Wave of “Cryptomugging” Hits UK: Investors Lose Millions In a disturbing trend sweeping the UK, criminals are targeting cryptocurrency investors through a method dubbed “cryptomugging,” where smartphones are snatched to access crypto apps. Toby Atkinson, who turned a £100 investment into over a million pounds, was coerced into transferring £750,000. Similarly, Sam Kelly lost […]
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Hashgraph Unveils HashSphere: A Game-Changer for Regulated Industries Hashgraph, the powerhouse behind the Hedera network, is making waves with the announcement of HashSphere, a private, permissioned blockchain set to launch in Q3 2025. Designed specifically for enterprises in regulated sectors like banking and asset management, HashSphere aims to revolutionize how these industries manage cross-border stablecoin […]
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BlackRock CEO Warns U.S. Debt Could Weaken Dollar’s Global Role to Bitcoin BlackRock CEO Larry Fink has issued a stark warning about the potential decline of the U.S. dollar due to the country’s rapidly increasing debt. In his annual letter, Fink not only highlights the alarming growth of national debt but also points to Bitcoin […]
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Arcium’s Encrypted Ecosystem: Pioneering Private Computation Arcium has launched its Encrypted Ecosystem, a groundbreaking network designed to enhance data privacy across multiple sectors through encrypted computation. Arcium launches Encrypted Ecosystem with over 25 projects Covers eight sectors including DeFi, AI, and NFTs Initial deployment on Solana blockchain Arcium, the encrypted supercomputer, is setting a new […]
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