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DC Files Lawsuit Against Athena Bitcoin Over Scam-Linked Deposits

Washington, D.C. Attorney General Brian L. Schwalb filed a lawsuit against Athena Bitcoin, Inc., accusing the cryptocurrency ATM operator of enabling scams that exploit vulnerable residents, particularly seniors. The suit, lodged in D.C. Superior Court, alleges that 93% of deposits at Athena’s seven D.C. Bitcoin ATMs were scam-related, with victims losing a median of $8,000 per transaction. Schwalb claims Athena …

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Crypto Market Dip Explained: Why Prices Are Down on September 10, 2025

Cryptocurrency market slumped, with Bitcoin (BTC) falling 4% to $108,783 and Ethereum (ETH) dropping 6% to $3,650, driven by a mix of global and crypto-specific factors. Investors are grappling with the downturn as multiple triggers dampen sentiment, according to market analysts. Global Volatility: Rising geopolitical tensions, notably between Russia and Ukraine, coupled with U.S. tariff concerns, have sparked a “risk-off” …

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Fintech Giant Klarna Secures $1.37B Ahead of US IPO Launch

Swedish fintech giant Klarna Group Plc secured $1.37 billion in its U.S. initial public offering (IPO) on September 9, 2025, pricing 34.3 million shares at $40 each, above the $35-$37 range, valuing the company at $15.1 billion. The IPO, oversubscribed 25 times, marks a robust debut for the buy-now-pay-later (BNPL) leader, set to list on the NYSE under “KLAR” on …

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$30M Bitcoin Bet: KindlyMD’s Nakamoto Invests in Metaplanet

KindlyMD’s subsidiary, Nakamoto Holdings, announced a $30 million investment in Metaplanet Inc., Japan’s leading Bitcoin treasury company, marking its largest single investment and first foray into Asia’s public crypto market. This move, part of Metaplanet’s $1.4 billion international equity offering, aims to accelerate Bitcoin accumulation, with funding set for September 16 and stock delivery on September 17. The investment sent …

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Hong Kong’s QMMM Rockets Over 1,700% After Crypto Treasury Reveal

Hong Kong-based QMMM Holdings (NASDAQ: QMMM) saw its stock skyrocket 1,736% to $207 on September 9, 2025, after unveiling a $100 million cryptocurrency treasury targeting Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The digital advertising and virtual avatar firm also announced plans to integrate AI with blockchain, creating a decentralized data marketplace and crypto-autonomous ecosystem. This pivot, however, cooled in …

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