Author: Yashika Gupta
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Senators Probe FHFA Over Crypto in Mortgages
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A group of U.S. Senate Democrats is challenging a major new initiative by the Federal Housing Finance Agency (FHFA), which could allow cryptocurrency holdings to play a role in mortgage approvals. The probe, led by Senator Jeff Merkley and joined by four other prominent Democrats, questions the safety, fairness, and integrity of a proposal from…
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Hemi Network and SQD AI Join Forces to Supercharge Bitcoin DeFi
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As Bitcoin continues to evolve beyond being a simple store of value, the DeFi (Decentralised Finance) space is beginning to open its doors to Bitcoin-backed applications. In a significant move, Hemi Network has announced a strategic partnership with SQD AI, a decentralised AI data network. The aim is to enhance the intelligence, efficiency, and usability…
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Hackers Launder Crypto in Minutes, Exposing Exchange Gaps
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A new report by Swiss blockchain analytics firm Global Ledger paints a troubling picture for the crypto space in 2025. In the first half of the year alone, over $3.01 billion was stolen across 119 hacks, surpassing the total losses for all of 2024. But what’s more alarming than the numbers is the speed at…
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GENIUS Act Sparks $4B Stablecoin Surge
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The US crypto industry is seeing a wave of renewed momentum following the passage of the GENIUS Act, a landmark law offering a clear legal framework for fiat-backed stablecoins. Within just a week of the Act being signed into law on July 18, nearly $4 billion flowed into the stablecoin sector, raising its total market…
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Bitcoin Falls Below $116K as $600M in Longs Liquidated
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The crypto market took a sharp hit on Friday, with Bitcoin falling below $116,000 and triggering widespread liquidations across the board. In just 24 hours, more than $585 million in long positions were wiped out, affecting over 213,000 traders globally. While the downturn came unexpectedly for many, some analysts say it was a classic case…
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PUMP Token Falls 20% After Airdrop Delay and Investor Sell-Off
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Pump.fun’s native token, PUMP, took a major hit this week, falling over 19% in a single day after Co-founder Alon Cohen confirmed that the long-awaited airdrop won’t be happening any time soon. The update came during a live interview and sent shockwaves through the community, leading to a further slide in price and triggering a…
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XRP Dips 10% But All-Time High Still in Sight, Say Analysts
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XRP has seen a sharp 10% decline over the past 24 hours, falling to $3.21 after reaching a year-to-date high of $3.66 last Friday. Despite the correction, analysts remain optimistic about the Ripple-linked token’s long-term potential, with Bitpanda’s deputy CEO Lukas Enzersdorfer-Konrad suggesting a return to its all-time high is still achievable. “While it’s difficult…
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PNC Bank Launches Crypto Trading with Coinbase
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As cryptocurrency adoption continues to rise, PNC Bank has become the latest major financial institution to embrace digital assets. The American banking powerhouse has announced a new partnership with Coinbase, aiming to offer crypto trading and custody services directly to its clients. This move marks a significant milestone in the growing convergence between traditional banking…
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Telegram Launches Built-In Crypto Wallet for 87 Million U.S. Users
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Telegram, one of the world’s largest messaging apps, has officially launched its built-in crypto wallet for users in the United States. With over 87 million American users now able to send, receive, and manage digital assets directly in the app, this rollout marks a major milestone in the integration of cryptocurrency into mainstream platforms. The…
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Pakistan Eyes El Salvador’s Bitcoin Playbook Amid Crypto Push
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Pakistan is beginning to take serious steps toward entering the global digital asset space. This week, Bilal Bin Saqib, the CEO of the Pakistan Crypto Council and special assistant to the Prime Minister on crypto and blockchain, met with El Salvador’s President Nayib Bukele. Their meeting focused on sharing knowledge around Bitcoin adoption and exploring…