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Crypto Founder Kidnapped in Uganda: $500K Forced Transfer Raises Global Security Alarms
Crypto Founder Kidnapped in Uganda: $500K Forced Transfer Highlights Security Concerns – Kidnapping of Crypto Founder – Impact on Afro Token – Global Security Concerns On the evening of May 17, 2025, Festo Ivaibi, the founder of Mitroplus Labs and Afro Token, was ambushed near his home on Bunamwaya Road in Kampala, Uganda. The assailants, […]
Read MoreEthereum’s Pectra Upgrade Falls Flat: Network Activity Declines Despite Price Surge
Ethereum’s Latest Key Upgrade Fails To Ignite Network Activity, Is Adoption Sinking? Despite high hopes, Ethereum’s latest Pectra upgrade has failed to boost network activity, raising concerns about its future adoption. This article examines whether this upgrade has truly faltered and what it means for Ethereum’s long-term growth. Pectra Upgrade’s impact on Ethereum Network activity […]
Read MoreSangha Secures $14M for Solar-Powered Bitcoin Mine in Texas, Launching Q3 2025
Sangha Raises $14M to Launch Solar-Powered Bitcoin Mine in Texas Sangha Renewables has secured $14 million to establish a pioneering 19.9-megawatt Bitcoin mining facility in West Texas, set to launch in Q3 2025 and powered entirely by solar energy. Sangha raises $14M for solar-powered Bitcoin mine 19.9-megawatt facility in West Texas Launch planned for Q3 […]
Read MoreCircle Launches CPN: Real-Time USDC Payments Targeting $190T Industry
Circle Launches CPN: Revolutionizing Global Real-Time Payments with USDC Circle has launched the Circle Payments Network (CPN), a blockchain-based system designed to revolutionize the $190 trillion global payments industry with real-time USDC transactions, initially focusing on Latin America and Asia. Circle Payments Network (CPN) launched for real-time payments using USDC. Targets $190 trillion global payments […]
Read MoreRussia’s New Bill Targets Crypto Crime: Bitcoin Classified as Property for Seizure
Russia’s New Crypto Bill: Classifying Bitcoin as Property Russia is taking decisive action against crypto-related crime with a new bill from the Ministry of Justice. The bill classifies digital currencies like Bitcoin as property, enabling the seizure and confiscation of these assets during criminal proceedings. This move aims to disrupt the activities of criminals who […]
Read MoreSEC Charges Unicoin in $110M Fraud: Asset-Backed Token Claims Debunked
SEC Uncovers $110M Crypto Scandal: Unicoin’s Asset-Backed Claims Fall Apart The U.S. Securities and Exchange Commission (SEC) has charged New York-based Unicoin and its executives with orchestrating a $110 million fraud, misleading over 5,000 investors. The case highlights the perils of false promises in the crypto world, particularly around asset-backed tokens. SEC charges Unicoin and […]
Read MoreASIC Appeals to High Court Over Block Earner’s Crypto Yield Product Ruling
ASIC Seeks High Court Appeal in Landmark Crypto Yield Product Case In a battle that could reshape the future of cryptocurrency in Australia, the Australian Securities and Investments Commission (ASIC) is taking Block Earner’s ‘Earner’ product to the High Court. This move has the potential to set a precedent for how digital assets are regulated, […]
Read MoreVivek Ramaswamy’s Strive Acquires 75,000 BTC from Mt. Gox, Aims for Bitcoin Treasury
Vivek Ramaswamy’s Strive Targets Mt. Gox’s Distressed Bitcoin Claims, Eyes BTC Treasury Vivek Ramaswamy’s Strive Asset Management is set to revolutionize the financial landscape by acquiring 75,000 Bitcoins from the distressed claims of the infamous Mt. Gox exchange. This strategic move aims to build a Bitcoin treasury that could redefine corporate investment strategies. Strive aims […]
Read MoreNYC Mayor Eric Adams Launches Crypto Advisory Council to Boost City’s Blockchain Ambitions
New York City to Establish Crypto Advisory Council, Says Mayor Eric Adams New York City Mayor Eric Adams is pushing to make the Big Apple the epicenter of the crypto universe with the formation of a digital advisory council dedicated to navigating the city’s future with digital assets. New York City to form digital advisory […]
Read MoreTexas Advances Bitcoin Reserve Bill, Awaiting Governor’s Approval
Texas Moves Closer to Establishing a Strategic Bitcoin Reserve The Texas House of Representatives has advanced the Strategic Bitcoin Reserve Bill (SB 21) to its second reading, moving Texas closer to creating a “Texas Strategic Bitcoin Reserve.” This legislative step would enable Texas, the 8th largest economy globally, to invest in Bitcoin, reflecting a growing […]
Read MoreSEC Postpones XRP and Dogecoin ETF Decisions Amid Regulatory Shifts
SEC Delays Decisions on XRP and Dogecoin ETFs Amid Regulatory Shifts The U.S. Securities and Exchange Commission (SEC) has postponed decisions on several cryptocurrency ETFs related to XRP and Dogecoin, reflecting ongoing regulatory scrutiny. SEC delays XRP and Dogecoin ETFs Regulatory environment under Trump administration Impact on crypto market and investors SEC Delays The SEC […]
Read MoreCoinbase CEO Defends Against Hack Criticism, Calls for Data Law Reform
Coinbase CEO Responds to Criticism Over Hack, Calls for Reform of Data Collection Laws Coinbase Data Breach: Affected 69,461 users, personal info compromised but not passwords or private keys. Michael Arrington’s Critique: Suggested jail time for executives, highlighting data security concerns. Brian Armstrong’s Response: Defended against jail time, criticized government data laws, proposed constitutional challenge. […]
Read MoreCoinbase Sued for Alleged Illegal Biometric Data Collection in Illinois
Coinbase Faces Lawsuit Over Alleged Unauthorized Biometric Data Collection Illinois residents have filed a class-action lawsuit against Coinbase, accusing the cryptocurrency exchange of illegally collecting and sharing their biometric data without consent. The lawsuit, filed on May 13, claims violations of the Illinois Biometric Information Privacy Act (BIPA) and the Illinois Consumer Fraud and Deceptive […]
Read MorePompliano: Bitcoin’s Growth Driven by Government Money Printing, Hits $102K
Pompliano Explains Bitcoin’s Continued Growth Amid Economic Policies Anthony Pompliano, a prominent figure in the cryptocurrency space, attributes Bitcoin’s ongoing growth to governments’ expansive monetary policies, highlighting its role as a hedge against inflation and currency debasement. Bitcoin as a hedge against fiat currency debasement Institutional adoption by El Salvador, MicroStrategy, and Metaplanet Price above […]
Read MoreEthereum Co-Founder Moves $262M ETH to Kraken, Raising Sell-Off Concerns
Ethereum Co-Founder Transfers $262M in ETH to Kraken, Sparking Sell-Off Fears Ethereum co-founder Jeffrey Wilcke recently made a significant move by transferring 105,732 ETH, valued at approximately $262 million, to the crypto exchange Kraken. This transaction, which took place at block height 22524638 with a minimal fee of about $0.16, has ignited concerns about a […]
Read MoreBinary Holdings Merges Web3 and AI for Hyperpersonalized Digital Future
Where Web3 Meets AI: Inside The Binary Holdings Vision for a Hyperpersonalized Digital Future Imagine a world where your digital interactions are so tailored to your needs that they feel like a bespoke suit, perfectly fitted just for you. Binary Holdings is making this vision a reality by blending Web3 and artificial intelligence (AI) to […]
Read MoreStrive Enterprises Targets Discounted Bitcoin from Mt Gox Claims
Strive Enterprises Eyes Discounted Bitcoin Through Mt Gox Claims In the high-stakes arena of crypto investments, Strive Enterprises, led by pro-crypto entrepreneur Vivek Ramaswamy, is making a bold move to secure discounted Bitcoin from the remnants of Mt Gox. This strategic play could set a new precedent in the crypto investment landscape, highlighting the evolving […]
Read MoreSouth Korea and EU Join Forces to Thwart North Korean Crypto Heists
South Korea and EU Strengthen Alliance to Combat North Korean Crypto Heists South Korea and the European Union have forged a robust partnership aimed at tackling the escalating threat of North Korean cryptocurrency thefts. This collaboration seeks to dismantle the sophisticated networks behind these cybercrimes, which pose significant risks to global cybersecurity and the integrity […]
Read MoreCoinbase Joins S&P 500 Amid DOJ Probe into $20M Cyberattack Extortion
Coinbase’s S&P 500 Milestone Overshadowed by DOJ Cyberattack Investigation Coinbase, a leading cryptocurrency exchange, joined the prestigious S&P 500, marking a significant milestone for the crypto industry. However, the celebration was short-lived as the company faced scrutiny from the U.S. Department of Justice (DOJ) over a cyberattack that compromised customer data. This breach, involving bribed […]
Read MoreRiot Platforms Boosts Bitcoin Mining with $200M Coinbase Credit Facility
Riot Platforms Expands Bitcoin Mining with $200M Coinbase Credit Facility Riot Platforms, a leading U.S.-based Bitcoin mining company, has upsized its credit facility with Coinbase Credit from $100 million to $200 million, using its Bitcoin holdings as collateral. This strategic move aims to support initiatives such as purchasing new Bitcoin miners and enhancing renewable energy […]
Read MoreBancor Sues Uniswap for Patent Infringement on CPAMM Tech: DeFi’s Future at Stake
Bancor Takes Uniswap to Court Over Alleged Patent Infringement Bancor, through its entities Bprotocol Foundation and LocalCoin, has filed a lawsuit against Uniswap Labs and the Uniswap Foundation, alleging patent infringement over the use of constant product automated market maker (CPAMM) technology. This legal battle, filed in the United States District Court for the Southern […]
Read MoreArgentina Dissolves Task Force Investigating President Milei’s Libra Crypto Scandal
Argentina Dismantles Investigative Task Force into President Milei’s Libra Token Scandal The Argentine government has dismantled the Investigative Task Force probing the Libra crypto scandal and its potential ties to President Javier Milei. This move, formalized by decree 332/2025, follows a three-month investigation into a rug pull that led to a $4.4 billion loss in […]
Read MoreGerman Government’s $2.3B Bitcoin Blunder: Sold Too Soon as Price Soared Past $106K
How German Government Missed Out On $2.3 Billion By Selling Its Bitcoin Stash Too Early In the summer of 2024, the German government sold its entire Bitcoin stash, a decision that cost them a potential $2.35 billion in profits as the cryptocurrency’s price soared past $106,000. The sale of 49,858 Bitcoins at an average price […]
Read MoreJack Dorsey Endorses BIP 177: Bitcoin’s Base Unit Redefinition Sparks Debate
Jack Dorsey Backs Radical Bitcoin Overhaul: Why Your Satoshis Could Soon Become Bitcoins Jack Dorsey, the former Twitter CEO, has endorsed BIP 177, a proposal that aims to redefine the smallest unit of Bitcoin, potentially making transactions more accessible to new users. This endorsement brings significant attention to the proposal, which seeks to eliminate the […]
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