Recent Posts

Coinbase Preps Prediction Markets Platform Backed by Kalshi, Leak Reveals

Crypto powerhouse Coinbase is poised to dive into the booming prediction markets arena, with leaked screenshots revealing a dedicated platform powered by regulated exchange Kalshi, tech sleuth Jane Manchun Wong disclosed on social media Tuesday. For traders eyeing “Coinbase Kalshi prediction markets 2025” or “crypto event contracts launch,” this unconfirmed venture could fuse blockchain liquidity with CFTC-compliant event betting, targeting …

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Bearish Momentum Returns: Bitcoin’s $87.5K Support at Risk, Says Analyst

Bitcoin’s recent relief rally appears to be losing steam as bearish momentum resurfaces, putting the cryptocurrency’s key $87.5K support level back in play, according to several market analysts monitoring price action this week. After briefly recovering above the $90,000 zone, Bitcoin has struggled to attract sustained buying interest. Analysts note that weakening market momentum, declining trading volumes, and renewed selling …

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Malaysia Hit by $1.1B Loss as Crypto Miners Steal Power on Massive Scale

Malaysia is reeling from a colossal RM4.6 billion ($1.1 billion) hit to its national power grid, as illicit cryptocurrency mining syndicates siphon electricity on an industrial scale, according to a bombshell parliamentary disclosure from the Ministry of Energy and Water Transformation. From 2020 to August 2024, authorities uncovered 13,827 premises hijacking power for Bitcoin and altcoin rigs, bypassing meters and …

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BlackRock’s Bitcoin ETF Hit by Record $523M Outflow as Market Sinks

BlackRock’s flagship iShares Bitcoin Trust (IBIT) grappled with its largest single-day outflow ever on Tuesday, as investors yanked $523 million—equivalent to about 5,700 BTC—amid a brutal crypto market rout that saw Bitcoin crater below $90,000 for the first time since April. The exodus, tracked by SoSoValue, eclipsed the prior record of $463 million set on November 14, amplifying a monthly …

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Democratic Senators Push for Probe Into World Liberty Financial’s Alleged North Korea Links

In a escalating clash over cryptocurrency’s national security risks, Democratic Senators Elizabeth Warren (D-MA) and Jack Reed (D-RI) have demanded a federal investigation into World Liberty Financial (WLFI), the Trump family-backed DeFi platform, for allegedly selling governance tokens to illicit actors tied to North Korea and Russia. The November 12 letter to Attorney General Pam Bondi and Treasury Secretary Scott …

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