The Bitcoin miner plans to start manufacturing mining rigs in the United States, according to Bloomberg. Bitcoin miner Bitdeer is reportedly expanding its self-mining operations and investing in United States-based production as looming trade wars rock global supply chains and cryptocurrency markets. Bitdeer has begun prioritizing mining Bitcoin (BTC) itself in response to cooling demand...Continue Reading
OM traders bought about 35 million tokens during the April 13 dumping hours, but analysts warn of a bull trap in the making. The total-value-locked (TVL) on Mantra’s RWA blockchain protocol reached a yearly high despite OM’s 90% price crash. As of April 15, Mantra’s TVL (in OM terms) jumped to 4.21 million OM (~$3.24...Continue Reading
Bitcoin’s recent rally brought the bulls back, but its confirmed death cross could be a warning to traders. On April 6, Bitcoin price formed a death cross on a daily chart — a technical pattern where the 50-day moving average (MA) falls below the 200-day MA. Historically associated with trend reversals and long bearish trading...Continue Reading
The game would add to Trump’s crypto ventures, which include a memecoin, NFT collections, and DeFi project World Liberty Financial. US President Donald Trump is venturing deeper into the world of digital assets, with a new project blending gaming and cryptocurrency elements, Fortune reported, citing sources familiar with the project. The project, set to launch...Continue Reading
The German financial regulator in March froze USDe token offerings over alleged compliance breaches and potential securities law failures. Synthetic stablecoin developer Ethena Labs is winding down its German operations less than a month after regulators identified “deficiencies” in its dollar-pegged USDe (USDE) stablecoin, signaling heightened scrutiny around crypto assets in Europe’s largest economy. Ethena...Continue Reading
OpenAI’s Sam Altman could be on a collision course with Elon Musk amid reports of the AI company’s social network ambitions. Large language model developer OpenAI is reportedly working on a new social media network, putting the company on a collision course with Elon Musk’s X and Mark Zuckerberg’s Meta Platforms. Citing anonymous sources, The...Continue Reading
Bitcoin’s current rally is expected to extend to $90,000, but traders are uncertain whether prices above that level will hold. After consecutive drawdowns of 17.39% and 2.3% in February and March, Bitcoin’s (BTC) Q2 is shaping up nicely, with a return of 3.77% in April. While fresh yearly lows were formed at $74,500, BTC is...Continue Reading
Crypto firms worldwide state that debanking is still getting in the way of growth. The crypto industry’s inability to access banking services still concerns many industry observers despite recent policy victories. In past years, financial services firms and banks concerned about fiduciary risk, reporting liabilities and reputational risk often would refuse to offer service to...Continue Reading
El Salvador’s Bitcoin Law requires maintaining an AML program, recording company assets and implementing a cybersecurity system. Only 20 of the 181 Bitcoin service providers registered with El Salvador’s central bank are operational, with the rest failing to meet the country’s requirements under its Bitcoin Law. Local media outlet El Mundo cited data from the...Continue Reading
KiloEx said it would pursue legal action and expose the hacker’s identity if they didn’t accept the white hat bounty offer. Decentralized exchange (DEX) KiloEx has offered the hacker who exploited $7.5 million in crypto from its platform a 10% white hat bounty. On April 15, KiloEx posted an offer directed to the hacker who...Continue Reading
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