Latest Crypto Industry News and Insights
Bitfarms Secures $300M Loan to Boost Bitcoin Mining and AI at Panther Creek Amid Regulatory Hurdles
Bitfarms Secures $300 Million Loan for Bitcoin Mining and AI Expansion at Panther Creek Data Center Bitfarms, a Canadian Bitcoin mining company, has secured a $300 million loan from Macquarie Group to expand its Panther Creek data center in Pennsylvania. This strategic move aims to boost Bitcoin mining capacity and tap into the growing demand […]
Read MoreOstium Boosts Trading with New Points Program: 10M Points for Early Adopters
Ostium Launches Competitive Points Program to Boost Trading and Liquidity Ostium, a leading leveraged trading platform for Real World Assets (RWAs), has launched the Ostium Points Program to incentivize user engagement through trading, referrals, and liquidity provision. The program, which kicked off on March 31, 2025, at 10:00 AM ET, aims to reward early adopters […]
Read MoreCrypto Mining Malware Doubles in Q1 2025, Targets Open Source Ecosystems
Crypto Mining Malware and Open Source Malware Packages Surge in Q1 2025 In the first quarter of 2025, the open source community experienced a significant increase in crypto mining malware and malicious packages, doubling from the previous quarter. According to Sonatype’s latest report, this surge highlights the persistent threats within open source ecosystems, particularly targeting […]
Read MoreCalifornia’s AB 1052: A Game-Changer for Digital Asset Rights and Payments
California’s Bold Move: AB 1052 Paves the Way for Digital Asset Rights California State Assemblymember Avelino Valencia has transformed a simple money transmission bill into a comprehensive piece of legislation focused on digital asset rights, reflecting the state’s progressive stance on cryptocurrencies and setting a potential precedent for the nation. AB 1052 revised to focus […]
Read MoreWhiteBIT Nova Crypto Card Hits 1 Million Transactions, Boosting Crypto Adoption
WhiteBIT Nova Crypto Card Surges Past 1 Million Transactions, Paving the Way for Mainstream Adoption WhiteBIT Nova, the Visa-enabled crypto card from Europe’s leading cryptocurrency exchange by traffic, WhiteBIT, has processed over 1 million transactions, marking a significant milestone in the integration of digital currencies into daily financial activities. This achievement underscores the growing acceptance […]
Read MoreStablecoins Challenge Central Bank Dominance Amid Global Crypto Surge
Stablecoins: The New Challengers to Central Bank Dominance Stablecoins are reshaping the global financial landscape, challenging the long-standing dominance of central banks over national currencies. This shift is driven by the increasing adoption of Bitcoin and stablecoins worldwide, particularly in countries facing economic instability. Stablecoins challenge central bank dominance Global adoption of Bitcoin and stablecoins […]
Read MoreSouth Korea Crypto Crisis: Investor Assaults Delio CEO, Haru Invest CEO Stabbed Amid Regulatory Crackdown
South Korea Cryptocurrency Crisis: Investor Assaults Delio CEO Over Lost Funds, Faces Fine A South Korean investor, driven to desperation by lost cryptocurrency funds, assaulted the CEO of bankrupt crypto lender Delio. This incident, part of a broader wave of tension between defrauded investors and crypto executives, has resulted in a fine for the assailant […]
Read MoreScroll Co-Founder Warns: Ethereum Fees on Rollups Toxic for Scalability
Scroll Co-Founder Warns Against Ethereum Fees on Layer-2 Rollups, Calls It Toxic for Ethereum Scalability Ye Zhang, co-founder of the layer-2 platform Scroll, has sounded the alarm on proposals to impose fees on Ethereum rollups, labeling them as “one of the most toxic ideas for Ethereum’s future.” His critique underscores a pivotal debate about Ethereum’s […]
Read MoreGameStop Raises $1.5B, Shifts to Bitcoin Amid Store Closures
GameStop’s Bold Leap: $1.5B in Bitcoin as Retail Strategy Shifts GameStop, once the epicenter of the meme stock frenzy, is now betting big on Bitcoin, raising $1.5 billion through a convertible debt offering to pivot from physical retail to the digital realm. GameStop raises $1.5B via convertible debt Proceeds to fund Bitcoin acquisition Over 1,000 […]
Read MoreChina’s Blockchain Push for Credit Data Security by 2029 Amid Privacy Concerns
China’s Bold Leap into Blockchain for Credit Data Security China is aggressively adopting blockchain technology to enhance credit data security, with plans to implement a national data infrastructure by 2029. However, recent data leaks raise concerns about privacy and surveillance. China explores blockchain for credit data security NDRC implements privacy computing National data infrastructure planned […]
Read MoreNorth Korean IT Workers Target European Tech and Crypto Firms for Regime Funding
North Korean IT Workers Ramp Up Infiltration of Tech and Crypto Firms Across Europe North Korean IT workers are intensifying their efforts to infiltrate tech and cryptocurrency companies across Europe, driven by the need to bypass international sanctions and generate revenue for the regime. These workers use sophisticated methods, including fake identities and multiple personas, […]
Read MoreRipple Locks 700M XRP in Escrow: A Strategic Move Amid Legal Battles
Ripple Locks 700M XRP in Escrow Amid Ongoing Token Supply Strategy Ripple continues its strategic dance with XRP supply, locking away another 700 million tokens in escrow. This move reflects Ripple’s ongoing commitment to managing the cryptocurrency’s circulation, aiming for market predictability. Despite the maneuver, XRP’s price experienced only a minimal dip of 0.2% over […]
Read MoreVana’s VRC-20 Standard Launches, Tokenizing Real-World Data for Enhanced Market Utility
Vana’s VRC-20 Standard: Pioneering the Tokenization of Real-World Data Vana, an EVM-compatible Layer 1 blockchain (a blockchain that can run Ethereum-based applications), has launched VRC-20, a new standard designed to revolutionize how real-world data is tokenized, bringing trust, liquidity, and utility to data markets. Vana introduces VRC-20 for tokenizing real-world data. VRC-20 enhances trust, liquidity, […]
Read MoreDogwifhat’s $700K Las Vegas Sphere Campaign Fails, Refunds Begin
No Sphere WIF Hat In Las Vegas: Dogwifhat Fundraiser Announces Start Of Refunds The ambitious “Sphere WIF Hat” campaign by the dogwifhat (WIF) community, which aimed to showcase their memecoin mascot on the Las Vegas Sphere, has ended in disappointment. The campaign, which raised over $700,000, faced accusations of fraud from the Sphere’s team, leading […]
Read MorePeter Schiff’s Bitcoin Donation Stunt Met with Sarcasm and Solana
Bitcoin Critic Peter Schiff Seeks Donations to Grow BTC Reserve, Sparking Sarcastic Reactions Peter Schiff, the vocal critic of Bitcoin and advocate for gold, has stirred the crypto community with a surprising move: soliciting donations to bolster his Bitcoin reserve. Known for his skepticism towards digital currencies, Schiff’s decision to share a BTC wallet address […]
Read MoreDeFi Protocols Slash Rates Amid Market Cool-Down: Stablecoins and High Yields in Focus
DeFi Yield Shifts to Low Interest Rate Strategy Amid Market Slowdown In the decentralized finance (DeFi) sector, protocols are adjusting to a cooling market by lowering interest rates, driven by a record supply of stablecoins used for lending to generate yield. Despite the slowdown, the DeFi sector remains robust, with over $96 billion in total […]
Read MoreSony Partners with Crypto.com for USDC Payments in Singapore, Boosts Web3 with Soneium
Sony Embraces Crypto: USDC Payments Now Accepted in Singapore Sony Electronics has partnered with Crypto.com to enable USDC payments at its online store in Singapore, marking its first direct foray into cryptocurrency transactions. This move signifies a broader push towards mainstream crypto adoption, with Sony also expanding its Web3 ambitions through the Soneium blockchain in […]
Read MoreeXch Drops USDT, USDC Amid Bybit Hack Laundering Probe, Shifts to DAI
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 […]
Read MoreBitcoin Mining Shifts to Renewables, Coal Use Plummets by 2030
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 […]
Read More9GAG Acquires Howkingtech, Launches MemeStrategy to Invest in Bitcoin and AI
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 […]
Read MoreUK Trade Bodies Urge Government to Prioritize Blockchain with Envoy and Action Plan
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 […]
Read MoreCircle’s IPO Faces Scrutiny Amid Revenue Surge and Profit Woes
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 […]
Read MoreBybit Exits NFT Market Amid 50% Sales Drop: Strategic Shift or Market Signal?
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 […]
Read MoreCryptomugging Wave Hits UK: Investors Lose Millions to Smartphone Thefts
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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