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Acre Secures $4M at $90M Valuation to Boost Bitcoin-Native Compounding

24 February 2025 Daily Feed , , ,

Acre Raises $4M at $90M Valuation, Unlocking Bitcoin-Native Compounding for BTC Holders Acre, a pioneering platform dedicated to Bitcoin-native compounding, has successfully secured $4 million in a strategic funding round, propelling its valuation to $90 million. This significant investment underlines the growing interest in Bitcoin’s integration into decentralized finance (DeFi), as Acre launches its dApp […]

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Russia’s Bitcoin Mining Surges 7% in 2024 Despite Energy and Regulatory Hurdles

Russia’s Bitcoin Mining Sector Grows 7% in 2024 Amid Regulatory Challenges and Energy Issues Russia’s Bitcoin miners are not just mining for gold; they’re consuming enough power to light up a small country. In 2024, the sector has seen a 7% increase in mining farms, totaling 136,600 units, but this expansion comes with its own […]

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Mastering Crypto Investment: Essential Strategies for Safety and Success

Essential Strategies for Safe and Smart Crypto Investment Navigating the crypto market is like sailing through a storm. But don’t worry, we’ve got your compass right here! Here are your essential strategies for safe and smart crypto investing. Complex Market: The crypto market is volatile and ever-changing. Continuous Learning: Stay educated on market dynamics and […]

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Sonic Chain Surges: DEX Activity Soars, Challenges Top Blockchains

Trading Activity Shifts to the Sonic Chain Ecosystem Sonic, the rebranded Fantom, is making waves in the crypto world with a significant surge in decentralized exchange (DEX) activity. This revival has propelled Sonic into the ranks of the top blockchain platforms, challenging established names like Solana and attracting traders with its innovative features and engaging […]

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Litecoin Transactions Soar to $10B Amid ETF Approval Hype

24 February 2025 Daily Feed ,

Litecoin’s Surge: ETF Buzz Sparks Nearly $10 Billion in Daily Transactions The Litecoin blockchain is riding a wave of excitement, processing nearly $10 billion in daily transactions fueled by speculation around a spot Litecoin ETF approval by the U.S. Securities and Exchange Commission (SEC). This surge reflects the market’s growing confidence in Litecoin’s potential mainstream […]

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HBAR Foundation Invests in Tokenized Fidelity Shares on Hedera Network

HBAR Foundation’s Bold Move into Tokenized Finance with Fidelity The HBAR Foundation has invested in tokenized shares of Fidelity International’s USD Money Market Fund, marking a significant step in the integration of blockchain into traditional finance. This initiative, facilitated by Archax on the Hedera network, aims to enhance transparency and accessibility for institutional investors. HBAR […]

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Illegal Crypto Mining Surges in Siberia Despite Russian Ban

Illegal Crypto Mining in Siberia: A Growing Challenge Despite Russian Ban In the heart of Siberia, where temperatures plummet below -40°C, an unlikely industry is booming: illegal crypto mining. Despite a winter ban implemented by the Russian government to ease the strain on local power grids, miners continue to exploit the region’s cold climate and […]

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Binance.US Resumes USD Transactions Amid $81.5B Nigeria Lawsuit and U.S. Legal Battles

Binance.US Restarts USD Transactions Amid Global Legal Battles Binance.US has revitalized its USD transaction capabilities, a relief for users after a period of crypto-only operations due to regulatory scrutiny. However, the platform faces significant challenges, including a colossal $81.5 billion lawsuit from Nigeria and ongoing legal battles in the U.S. Binance.US resumes USD transactions Nigeria […]

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Argentina’s CryptoGate: $LIBRA Scandal Rocks Nation, Implicates President

Argentina’s CryptoGate: The $LIBRA Scandal Unfolds A memecoin called $LIBRA has ignited a massive political scandal in Argentina, known as “CryptoGate,” involving allegations of bribery, insider trading, and corruption. This scandal has put President Javier Milei and Hayden Davis of Kelsier Ventures under intense scrutiny, raising questions about the future of memecoins and the broader […]

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FTX Begins $16B Creditor Repayment, Excludes Russia, China, and More

FTX Initiates $16 Billion Creditor Repayment, Excludes Key Regions – FTX begins $16 billion creditor repayment. – Russia, China, Ukraine, Nigeria, Egypt excluded. – “Convenience Classes” prioritized for early payouts. In a major move toward recovery, the bankrupt cryptocurrency exchange FTX has started the process of repaying its creditors, with an anticipated distribution of over […]

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Ethereum Gas Fees Hit $0.40 Lowest Since 2020: Network Upgrades Boost Efficiency

Average Ethereum Gas Fees Plummet to $0.40, Marking Lowest Since July 2020 Guess what? Ethereum’s gas fees just hit a low we haven’t seen since July 2020, now hovering at around $0.40. This drop is thanks to some slick network upgrades, like bumping up the block gas limits and rolling out blob transactions. But here’s […]

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AI Revolutionizes Crypto Compliance: Enhancing Efficiency While Preserving Human Oversight

AI in Crypto Compliance: Balancing Innovation and Accountability How can artificial intelligence (AI) revolutionize compliance in the cryptocurrency industry without compromising the essential human elements of oversight and ethical judgment? This question is at the heart of the crypto industry’s journey towards a more efficient and secure future. AI enhances crypto compliance by detecting hidden […]

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Nano Labs Boosts Bitcoin Holdings to 400 BTC with $5.9M Private Placement

Nano Labs Bolsters Bitcoin Holdings with $5.9 Million Private Share Placement Nano Labs, a Hong Kong-based tech firm known for its advanced computing chips, has significantly increased its Bitcoin holdings to approximately 400 BTC, valued at around $40 million as of February 21, 2025. The company also completed a $5.9 million private placement of Class […]

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Real-World Assets Unlock Trillions: Tokenization Revolutionizes Economy

Unlocking Trillions: How Real-World Assets Are Revolutionizing the Economy Real-World Assets (RWAs) are on the brink of unlocking trillions in value across a multitude of industries, thanks to the innovative process of tokenization. This financial revolution is making previously inaccessible investments like luxury cars and real estate more liquid and democratized than ever before. RWAs […]

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Altvest Capital Aims for $10M to Pioneer Bitcoin Treasury in Africa

South African Firm Altvest Capital Eyes $10M to Embrace Bitcoin as Treasury Asset A Johannesburg-based firm is betting big on Bitcoin, aiming to revolutionize corporate finance in Africa. Altvest aims to be Africa’s first listed company with Bitcoin as treasury reserve. Seeking $10 million via share sale, pending regulatory approval. Already purchased one Bitcoin, signaling […]

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Argentina’s Senate Cancels Primaries for Milei Amid $4.6B Crypto Scandal

Argentina’s Senate Hands Javier Milei a Win Amid Crypto Rug Pull Scandal In a bold legislative move, Argentina’s Senate voted to cancel primary elections, a victory for President Javier Milei amid a tumultuous crypto scandal. This decision, aimed at reducing market volatility, passed with 43 votes in favor and 20 against. Yet, the shadow of […]

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HashFlare Founders Guilty of $577M Crypto Ponzi Scheme: $400M in Assets to Be Forfeited

HashFlare Founders Admit Guilt in $577 Million Crypto Ponzi Scheme Sergei Potapenko and Ivan Turõgin, the masterminds behind HashFlare, have confessed to orchestrating a colossal $577 million Ponzi scheme that has left hundreds of thousands of investors worldwide feeling the sting of betrayal. From their base in Estonia, these 40-year-old entrepreneurs sold fraudulent crypto mining […]

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Mask Network Restructures MaskDAO, Spins Off Next.ID, Web3.Bio, Firefly for Web3 Growth

Mask Network’s Bold Move to Decentralize Social Platforms Mask Network has announced a strategic restructuring of its MaskDAO ecosystem, spinning off Next.ID, Web3.Bio, and Firefly to enhance autonomy and innovation within the web3 social ecosystem. Mask Network restructures MaskDAO, spinning off Next.ID, Web3.Bio, and Firefly. Projects gain autonomy to enhance tokenomics and expand user bases. […]

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SEC’s New CETU Targets Crypto and AI Fraud: Laura D’Allaird Leads 30 Experts

23 February 2025 Daily Feed , ,

SEC Launches Cyber and Emerging Technologies Unit to Combat Crypto and AI Fraud The U.S. Securities and Exchange Commission (SEC) has launched the Cyber and Emerging Technologies Unit (CETU) to tackle fraud in the cryptocurrency and AI sectors. Led by Laura D’Allaird, this new unit aims to enhance investor protection while fostering innovation. The CETU […]

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Pi Coin Plunges Below $1 Amid Withdrawal Issues on Bitget and OKX

Pi Coin’s Rocky Road: Withdrawal Woes and Price Plunge Pi Network, the cryptocurrency aiming to make mining accessible to everyone, is facing significant challenges as its price drops below $1 and users encounter withdrawal issues on major exchanges like Bitget and OKX. This situation raises concerns about the project’s stability and future. Pi’s price drops […]

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SBF Accuses Biden’s DOJ of Rigging Trial, Claims FTX Solvency, Eyes Trump Pardon

Jailed SBF Turns on Biden, Aligns with Trump in Apparent Pardon Play Sam Bankman-Fried (SBF), the former CEO of FTX, has made startling claims in his first prison interview from a Manhattan detention center. He accuses Biden’s Department of Justice (DOJ) of orchestrating a politically motivated attack against him, asserting that his trial and 25-year […]

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Roger Ver Faces Extradition for Bitcoin Tax Evasion Amid Ulbricht’s Pardon

Roger Ver’s Extradition Looms for Bitcoin Tax Evasion, Igniting Calls for Ross Ulbricht Clemency Roger Ver, the early Bitcoin advocate known as “Bitcoin Jesus,” faces potential extradition to the United States on charges of tax evasion related to his cryptocurrency earnings. This development has reignited the debate over the legal treatment of cryptocurrency pioneers, with […]

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