Tag: Crypto
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LuBian-Linked Wallet Shifts $1.3B in Bitcoin After DOJ Forfeiture Case Disclosure
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A cryptocurrency wallet associated with the Chinese Bitcoin mining group LuBian has transferred nearly $1.3 billion worth of Bitcoin, shortly after the United States Department of Justice (DOJ) revealed a major forfeiture case involving $15 billion in alleged illicit funds. Major BTC Movement After Three-Year Silence On Wednesday, blockchain analytics firm Lookonchain reported that a…
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EU Finance Converges on Web3 at Merge Madrid: Tokenisation, Custody and Regulatory Alignment Take Centre Stage
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Merge Madrid showcased a pivotal moment in Europe’s financial evolution, as leading banks, crypto firms and regulators came together to discuss the integration of blockchain, digital assets and real-world tokenisation. Held from 7 to 9 October across the historic Palacio de Santoña and Palacio de Cibeles, the event reflected a clear shift in traditional finance’s…
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Elon Musk Hails Bitcoin as Energy-Based Shield Against Fiat Inflation
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Elon Musk has reignited discussion around Bitcoin, highlighting its unique energy-backed model as a safeguard against inflation caused by excessive fiat currency printing. In his latest comments, Musk aligned Bitcoin’s monetary framework with the growing concerns over global “debasement” linked to government funding for artificial intelligence (AI) development. Bitcoin vs Fiat: ‘Impossible to Fake Energy’…
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Crypto Markets Face ETF Outflows, Bhutan Shifts to Ethereum, California Targets AI Safety
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The crypto sector began the week with significant developments across financial markets, national infrastructure, and emerging technology regulations. Major US spot Bitcoin and Ether exchange-traded funds (ETFs) recorded substantial outflows following a steep weekend market crash, while Bhutan confirmed a major migration of its national digital ID system to Ethereum. Meanwhile, California introduced new safeguards…
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Crypto Fundraising Hits Record $3.5 Billion in Single Week Amid Bitcoin Surge
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Crypto Investments Surge to All-Time High Crypto fundraising reached unprecedented levels last week, with companies raising $3.5 billion across 28 funding rounds. The surge occurred before a sudden market crash on Friday. Data from Cryptorank revealed that the week spanning 6 October to Sunday marked the highest weekly fundraising ever, surpassing the previous peak of…
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Hyperliquid Opens Door to Permissionless Perpetual Futures with HIP-3 Upgrade
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Hyperliquid, a decentralised exchange (DEX), has launched a major infrastructure upgrade that enables anyone to create and deploy their own perpetual futures markets, marking a shift towards fully permissionless financial engineering in decentralised finance (DeFi). The Hyperliquid Improvement Proposal 3 (HIP-3), activated on mainnet following its testnet debut in late September, removes the need for…
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Blockchain Beyond Crypto: How Decentralized Technology Is Transforming Supply Chains, Healthcare, and Governance
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Blockchain technology, once synonymous with cryptocurrencies like Bitcoin, has evolved into a transformative force across various sectors. Its decentralized nature, coupled with transparency and security, is reshaping industries such as supply chain management, healthcare, and governance. This article delves into how blockchain is revolutionizing these fields, providing real-world examples and insights. 1. Revolutionizing Supply Chains:…
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India Criticises ‘Unbacked Crypto’ as RBI Prepares to Launch New Digital Currency
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India has reiterated its cautious stance on cryptocurrencies such as Bitcoin while unveiling plans for a new digital currency backed by the Reserve Bank of India (RBI). The move reflects the government’s preference for sovereign-backed digital finance over private crypto assets, which it continues to tax but not officially support. RBI to Introduce New Digital…
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Today in Crypto: Record Inflows, Stablecoin Shake-Up and DeFi Data Drama
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The cryptocurrency market saw major developments today, from record-breaking fund inflows to a potential shake-up in traditional banking, and a delisting controversy in the DeFi space. Here’s a look at the top stories shaping the digital asset landscape. Crypto Funds Record Historic $5.95 Billion Inflows Cryptocurrency investment products have seen their biggest-ever weekly inflows, reaching…
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Crypto Venture Capitalists Turn Cautious, Move Beyond Trend-Driven Investments
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Crypto venture capitalists are shifting gears in 2025, moving away from speculative trend-chasing toward more measured, data-driven investments. According to Bullish Capital Management director Sylvia To, the industry has entered a new phase of restraint, where “throwing money at the next big thing” is no longer the norm. A More Careful Approach to Crypto Investments…