Chinese Regulators Raise Alarm on Illicit Stablecoin Activity
Officials from Shenzhen have issued cautionary advice to the public, recommending that they pay maximum attention when operating with stablecoins due to mounting reports of abuse from certain schemes. As these assets become more widely adopted and discussed, this appears to be a step back from the country’s plans...
Read More
Nigerian Scammer Posing as Trump Ally Steve Witkoff Stole 250K in Crypto From One Political Donor
A Nigeria-based scammer posing as Steve Witkoff, a long-time ally of U.S. President Donald Trump and co-chair of the Trump-Vance Inaugural Committee, stole approximately $250,000 in crypto from a would-be political donor, according to a recent press announcement from the U.S. Attorney’s Office for the District of Columbia. According...
Read More
CoreWeave’s All-Stock Bid for Core Scientific Likely to Draw Shareholder Scrutiny: KBW
CoreWeave (CRWV) has agreed to acquire bitcoin miner Core Scientific (CORZ) in an all-stock deal valued at $20.40 per share, implying a ~16x FY26E EBITDA multiple, a steep discount to traditional data center peers, according to investment bank KBW. Core Scientific shares were 18% lower, trading around $14.75 at...
Read More
CoreWeave Just Valued Core Scientific Like It’s 2021 Again
CoreWeave Inc (NASDAQ:CRWV) just made a big move — but the market didn’t applaud. Shares of Core Scientific Inc (NASDAQ:CORZ) plunged nearly 21% on Monday, even as AI cloud provider CoreWeave announced it will acquire the Bitcoin (CRYPTO: BTC) miner in an all-stock deal. The twist? Beth Kindig, CEO...
Read More
Calamos unveils ‘Protected Bitcoin’ strategy for institutional investors
Calamos investment firm has unveiled a new strategy that could make Bitcoin much more attractive to investors....
Read More
Ethereum price analysis: Harmonic pattern signals run to $3,200
Ethereum is currently trading at a critical resistance zone. A potential harmonic pattern is forming that could signal a deeper pullback before a major bullish continuation unfolds. Ethereum’s (ETH) price action has reached a pivotal point, with the asset now…...
Read More
Ripple CEO confirms he’ll testify before Senate Banking Committee
Ripple chief executive officer Brad Garlinghouse has confirmed he will testify before the U.S. Senate Banking Committee on Wednesday, July 9, 2025. The Senate Banking Committee will hold its crypto market structure hearing on July 9 and Ripple CEO Brad…...
Read More
BitFuFu Hits 36.2 EH/s Hashrate, 728 MW Capacity in June
Bitcoin miner BitFuFu (FUFU) produced 445 bitcoin in the month of June — an 11.3% jump from May — while expanding its infrastructure across five continents. The Singapore-based miner’s total hashrate under management rose to 36.2 exahashes per second (EH/s), up 6.2% month over month. This includes 3.8 EH/s...
Read More
Bitcoin Miner CleanSpark Produced 685 BTC in June, Hit 16.15 J/TH in Efficiency
CleanSpark (CLSK) reached the 50 EH/s milestone in June, expanding operations across four U.S. states and improving average fleet efficiency to 16.15 joules per terahash (J/Th). The Las Vegas-based firm produced 685 BTC last month, bringing its year-to-date output to 3,968 BTC. All coins were self-mined, and total bitcoin...
Read More
TORN Spikes 5% After U.S. Appeals Court Okays End of Another Tornado Cash Lawsuit
Tornado Cash’s price rose just under 5% Monday after news circulated on X that a U.S. appeals court had green-lit the end of a lawsuit against the Treasury Department. The Eleventh Circuit Court of Appeals ruled on July 3 that the lawsuit, brought by crypto interest group Coin Center...
Read More
