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14 February

Russian Court Extends Detention of Pilot Accused of Funding Ukraine with Crypto

A Russian court has extended the detention of a pilot accused of sending cryptocurrency to the Ukrainian military, further intensifying tensions between Moscow and Kyiv amid the ongoing conflict. The case has drawn significant attention as authorities continue cracking down on individuals suspected of supporting Ukraine through financial or digital means. The Allegations The pilot, whose identity has not been …

14 February

Ethereum Foundation Injects $120M into DeFi: Boosting the Future of Decentralized Finance

In a bold move to accelerate the growth of decentralized finance (DeFi), the Ethereum Foundation has allocated $120 million worth of ETH to support various DeFi protocols. This significant investment underscores Ethereum’s commitment to fostering innovation, improving liquidity, and strengthening the ecosystem as competition from other blockchain networks intensifies. Why the Ethereum Foundation is Betting Big on DeFi DeFi has …

14 February

Bitmain Equipment Seized: U.S. Bitcoin Mining Supply Chain Disrupted

The U.S. Bitcoin mining industry is facing a significant setback as customs officials have seized shipments of Bitmain mining equipment, disrupting supply chains and raising concerns over regulatory scrutiny. Bitmain, a leading manufacturer of ASIC miners, plays a crucial role in the global Bitcoin mining ecosystem, and this development could have far-reaching consequences for miners, investors, and the broader crypto …

14 February

Coinbase Q4 Revenue Skyrockets 140% Amid Post-Election Crypto Boom

Leading U.S. crypto exchange Coinbase (COIN) reported a staggering 140% year-over-year increase in Q4 revenue, fueled by a post-election crypto rally that pushed Bitcoin and other digital assets to new highs. The surge in trading activity and investor confidence has propelled Coinbase’s earnings well beyond expectations, reaffirming its position as a dominant player in the crypto industry. Breaking Down Coinbase’s …

14 February

GameStop Bets on Bitcoin: Stock Soars 20% in After-Hours Rally

Retail trading favorite GameStop (GME) is making waves again—this time with a strategic investment in Bitcoin (BTC). The move has sent GameStop’s stock surging 20% in extended trading, as investors react to the company’s bold pivot into the world of digital assets. GameStop’s Bitcoin Investment: A Strategic Shift? GameStop, known for its meme-stock frenzy in 2021, has been restructuring its …

14 February

SEC Reviews Grayscale’s Bid to Launch XRP & Dogecoin ETFs

The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Grayscale’s filings to list exchange-traded funds (ETFs) for XRP and Dogecoin (DOGE), signaling a potential expansion of crypto investment products in traditional markets. If approved, these ETFs could offer institutional and retail investors a regulated way to gain exposure to two of the most popular altcoins. What Grayscale’s ETF Filings …

14 February

Crypto Craze Fuels Surge in South Korean Embezzlement, Expert Warns

As cryptocurrency fever grips South Korea, the country is witnessing a sharp rise in embezzlement cases linked to digital assets, according to financial crime experts. The lure of quick profits, combined with regulatory gaps, has led to an uptick in corporate fraud, workplace theft, and Ponzi-like schemes involving crypto investments. Embezzlement on the Rise: What’s Driving the Trend? South Korea …

14 February

Bitget Secures VASP License in Bulgaria, Expanding Global Footprint

Cryptocurrency exchange Bitget has officially secured a Virtual Asset Service Provider (VASP) license in Bulgaria, marking a significant step in its global expansion strategy. This regulatory approval allows Bitget to legally offer crypto trading, custody, and other digital asset services in the country, strengthening its position in the European market. What the VASP License Means for Bitget The VASP license, …

14 February

Decentralized Data: The Key to AI’s Future Evolution

As artificial intelligence (AI) continues to advance at an unprecedented pace, concerns around data privacy, security, and centralization are becoming more pressing. The current AI landscape is largely controlled by a handful of powerful entities that dictate how data is collected, stored, and utilized. This centralized model poses risks of bias, misuse, and monopolization. The solution? Decentralized data—a paradigm shift …

14 February

OpenSea Foundation Unveils SEA Token Airdrop & OS2 Open Beta Launch

The OpenSea Foundation has officially confirmed the long-anticipated SEA token airdrop, marking a significant milestone in the platform’s evolution. Alongside this, OpenSea has introduced the OS2 Open Beta, a next-generation upgrade aimed at enhancing the NFT marketplace experience. SEA Token Airdrop: Rewarding the Community The SEA token airdrop is designed to reward OpenSea’s loyal users, particularly those who have actively …