U.S. and Canadian authorities disrupt $4.3m crypto phishing scam
The U.S. Secret Service teamed up with Canadian authorities in a cross-border crackdown on a sophisticated crypto scam that drained $4.3 million from victims’ Ethereum wallets. The operation, dubbed “Operation Avalanche,” involved regulators, law enforcement, and crypto platforms working to…...
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Bitcoin Rally Short-Circuited as Fed Chair Powell Raises Stagflation Fear
A modest bitcoin rally to a possible challenge of the $86,000 level quickly reversed during U.S. afternoon trading hours on Wednesday as Federal Reserve Chairman Jerome Powell warned on the effects of President Trump’s tariff regime. “The level of the tariff increases announced so far is significantly larger than...
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The Protocol: Nvidia To Manufacture AI Supercomputers in U.S., New Opportunities for Crypto Miners
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. We’re Margaux Nijkerk and Sam Kessler, reporters on CoinDesk’s Tech team. In this issue: Can Ethereum Be Truly Private? Developers Push for Encrypted Mempool, Default Privacy Nvidia Moves AI Supercomputer Production to U.S.,...
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Bloomberg warns of a financial crisis: will it boost Bitcoin, altcoins?
Bloomberg’s editorial board has warned of a potential financial crisis similar to what happened in 2008/9 happening this year as geopolitical risks rise. In an article, the board warned that such a crisis could be triggered by the substantial sums…...
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Crypto Chaos as Amazon Web Services Outage Freezes Binance, KuCoin Withdrawals
Talk about a rough wake-up call for crypto traders. In the early hours of April 15, Amazon Web Services (AWS) suffered a network hiccup at one of its Tokyo data centers, and the ripple effect was instant. The AWS crypto outage raised questions about the reliability centralized exchanges, but...
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Fireblocks Chief Legal Compliance Officer Jason Allegrante Calls MiCA “An Opportunity”
The European Union’s (EU) Markets in Crypto-Assets Regulation (MiCA) was a hot topic of conversation during the Paris Blockchain Week from 8-10 April 2025. Industry leaders like Fireblocks Chief Legal Compliance Officer Jason Allegrante and OpenPayd CEO Iana Dimitrova weighed in too. Talking about MiCA from a “service provider’s...
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Price predictions 4/16: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO, LINK, AVAX
Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China. Gold has been a clear winner during the current bout...
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Meme Coin Market Is ‘Very Much Alive’: Can Dogecoin, Shiba Inu, Fartcoin Bounce Back?
Even after a sharp cooldown, the meme coin sector refuses to die quietly. With Fartcoin (CRYPTO: FARTCOIN) in the focus, traders say the meme coin mania might be entering a stronger, more refined phase. What Happened: According to prominent crypto influencer Wale Swoosh, meme coins may be down from...
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Official Update in the Ripple Vs. SEC Lawsuit: Is Settlement Next?
TL;DR Although Ripple’s CEO has already declared a victory in the legal battle between his company and the US SEC, the actual closure is not yet official. However, it seems even closer now as a recent joint motion by both parties was granted. Defense lawyer James K. Filan published...
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PoSciDonDAO Approves First Research Funding Proposal from Rare Compute
[PRESS RELEASE – Panama City, Panama, April 16th, 2025] PoSciDonDAO, a decentralized organization dedicated to advancing scientific research, has approved its first-ever research funding proposal following the launch of its governance platform on March 19. The proposal, submitted by the Rare Compute Foundation, was made available to the DAO...
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