Category: crypto
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Crypto becomes lifeline for Iran and Russia amid Western sanctions – Chainalysis
The 2025 Crypto Crime Report by Chainalysis revealed that sanctioned entities received $15.8 billion in crypto in 2024, accounting for 39% of illicit transactions. Iran and Russia turned to digital assets to evade sanctions, with the US OFAC targeting financial networks. Iran’s increasing reliance on crypto was evident, while Russia legalized crypto mining and international…
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Ethereum Foundation unveils interoperability framework to unify liquidity across EVM chains
The Ethereum Foundation introduced the Open Intents Framework to improve interoperability across Ethereum layer-2 networks. Intents streamline cross-chain transactions, eliminating the need for multiple bridges and applications. Major players like Hyperlane and BootNode support the initiative. Despite advancements, fragmented liquidity and lack of interoperability remain challenges. The framework, based on ERC-7683 and Across, offers modular…
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SOL inflation leaps 30% one week after changes in fee distribution model
Solana’s annualized inflation increased by 30.5% after a new fee distribution was implemented. The Solana Improvement Document 96 proposed changes to prioritize network validators and reduce the burn rate of SOL. This impacted the distribution of real economic value to token holders, with hopes for further reforms in the future.
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Cardano’s Charles Hoskinson sees AGI on the horizon in three to five years
Cardano founder Charles Hoskinson predicts that Artificial General Intelligence (AGI) could emerge in 3-5 years, revolutionizing AI evolution. AGI would possess human-like intelligence and reshape industries. Tech companies are investing heavily in AI research, with upcoming advancements like Grok 3, Llama 4, and OpenAI’s GPT-4.5 and 5 accelerating AGI’s arrival. Industry experts, including venture capitalist…
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Bitcoin miner Riot tells Texas Congress state Bitcoin reserve needed to ‘prepare for future downturns’
Riot Platforms’ VP of Research testified in support of Senate Bill 21 in Texas, proposing a state Bitcoin reserve to strengthen finances. The bill removes a $500 million cap on Bitcoin acquisitions and allows investments in other digital assets with a market cap above $500 billion. Advocates believe this could diversify state assets and stimulate…
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Hong Kong plans major crypto regulatory overhaul highlighting $3 trillion opportunity
Hong Kong’s Securities and Futures Commission has introduced a new ASPIRe roadmap for digital asset regulation. The framework includes five pillars and 12 initiatives to streamline licensing, clarify product categorization, and enhance investor protection. The plan aims to establish Hong Kong as a digital asset hub and align with international regulatory standards.
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Czech central bank governor urges study of Bitcoin being distinct from other digital assets
Czech National Bank Governor Aleš Michl is urging central bankers to study Bitcoin separately from other digital assets, emphasizing its potential impact on monetary systems. Despite acknowledging the high volatility of Bitcoin, Michl believes exploring it will strengthen central banks. The CNB is evaluating the option of including Bitcoin in its investment portfolio.
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Libra memecoin scandal deepens as token co-creator says he controlled Javier Milei through payments
Hayden Davis, a key figure behind the Solana-based Libra memecoin, allegedly claimed to have influence over Argentine President Javier Milei by paying his sister, Karina Milei. Davis reportedly sent messages claiming financial support to Karina gave him leverage over the President. Despite denial of financial arrangements, Davis’s involvement in the Libra fallout has caused controversy…
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XRP investors buoyed by Donald Trump’s Ripple posts and SEC’s ETF acknowledgment
US President Donald Trump shared Ripple-related content on Truth Social, sparking excitement in the XRP community. Ripple CEO Brad Garlinghouse’s comments on increased hiring and business opportunities in the US following Trump’s election victory were highlighted. The SEC acknowledged more applications for an XRP exchange-traded fund. Speculations arose about Trump’s impact on future US crypto…
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How $FAM is Redefining the Future of Community-Driven Memecoins on the TON Blockchain
Blockchain technology is changing how we interact with digital assets, leading to the rise of memecoins like 100 Million. Built on the TON blockchain, it offers a fun and transparent experience with its $FAM token. The project’s pixelated design brings nostalgia, while a roadmap ensures long-term success. Join the movement and start tapping!