Category: crypto
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SoftBank faces AI test with potential $30B follow-on bet on OpenAI, what does it mean for AI cryptos?
SoftBank is considering investing up to $30 billion more in OpenAI as part of a potential $100 billion funding round, valuing the AI firm at around $830 billion. This investment would deepen SoftBank’s involvement in OpenAI’s Stargate data center and SB Energy initiatives, strengthening their AI strategy.
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Bitcoin traders weigh UAE stake in Trump-linked WLFI stablecoin empire
Sheikh Tahnoon bin Zayed Al Nahyan, a UAE security chief, secretly acquired a 49% stake in the Trump-linked World Liberty Financial for $500 million. This was tied to a $2 billion investment in Binance and coincided with the US easing AI chip export restrictions to the UAE. The deal raises questions about the intersection of…
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Neo founder launches NGR to drive Neo 4 research and real-world adoption
Neo founder Erik Zhang has launched Neo Global Resources (NGR) to coordinate research, engineering, and enterprise partnerships within the Neo blockchain ecosystem. NGR will focus on real-world utility, core protocol evolution, scalability, performance upgrades, developer experience, and infrastructure for advanced applications. The organization will work with institutions and explore ecosystem funds without a separate public…
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Bitcoin insiders face Epstein-era email fallout over Ripple, Stellar feud
Newly leaked court files reveal a 2014 email from Austin Hill to Jeffrey Epstein, Joichi Ito, and Reid Hoffman regarding investor support for Ripple and Stellar conflicting with Bitcoin. Claims suggest XRP’s SEC issues are tied to Epstein-era relationships, but documentation only confirms funding overlaps. Epstein’s role in Bitcoin development and MIT funding is also…
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TRON stablecoin flows grow in H2 2025 while fraud claims put Justin Sun under pressure
TRON’s update for the second half of 2025 emphasizes its growth in stablecoin settlement and ecosystem expansion. This comes as founder Justin Sun faces new fraud allegations. The report highlights TRON’s role as a low-fee settlement rail and its efforts to integrate with other chains. The platform aims to maintain its position in stablecoin and…
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Epstein files spark crypto connection, Ripple dismisses link
New documents from Jeffrey Epstein’s files were released by the Justice Department, with Ripple denying any links between Epstein and XRP or Stellar. Speculation on Epstein’s association with early crypto circles has sparked interest in the industry, emphasizing the importance of separating facts from misinformation in the cryptocurrency market.
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Bitcoin liquidations spike as Warsh Fed pick rattles markets
Bitcoin fell below $80k after Kevin Warsh’s Fed appointment, leading to $2.5 billion in liquidations. Analysts believe that BTC may have hit a cycle floor near a key support zone. QCP Asia sees downside risk if support fails, while PlanC suggests the $75k-$80k region could be a cycle bottom.
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Scorned lover accuses Justin Sun of fraud, tags SEC and Trump in explosive X posts
Allegations of market manipulation on Binance involving TRX by a close associate of Justin Sun raise regulatory concerns amid existing SEC charges. Zeng Ying claims Sun used employee identities to pump TRX prices before dumping on retail investors. TRX and WLFI prices remain stable, but U.S. regulators may investigate further.
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CrossCurve exploited for $3 million in multi-network bridge attack
CrossCurve, a cross-chain liquidity protocol, was exploited by attackers who drained roughly $3 million across multiple networks. The protocol has confirmed the exploit and is offering a 10% bounty for the return of funds. CrossCurve has urged users to pause interactions until the vulnerability is patched and threatened legal action if funds are not returned.…
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Singapore Gulf Bank announces regulated fiat-stablecoin interoperability service
Singapore Gulf Bank has introduced a new service that allows institutions to mint, trade, and convert stablecoins to fiat within a regulated platform. The service will support USDC and USDT on major blockchain networks and is expected to launch by Q1 2026. The platform will have built-in safeguards and compliance measures.