Crypto Revenue Soars Hut 8 Hits $80.7M
@Hut8Mining reports $80.7M in crypto revenue for 2024, expands bitcoin reserve to 10,171 BTC, and secures a $125M partnership with Bitmain #Update #Crypto $BTC (+6) ↗
Crypto News
General category for all types of news related to the cryptocurrency world.
Nvidia Chip Smuggling Bust in Singapore
Singapore arrests three suspects for smuggling Nvidia chips to China, highlighting export violations and raising questions on trade compliance. #Breaking #Legal (+8) ↗
Crypto Exec David Sacks Exits Controversy
David Sacks divested from @BitwiseInvest before joining Trump’s administration, amid conflict of interest allegations over the U.S. strategic crypto reserve. #Update #Crypto $BTC (-4) ↘
TikTok Acquisition Bid by Alexis Ohanian
@Reddit co-founder Alexis Ohanian joins bid to acquire @TikTok, planning to integrate the social app on-chain. #Breaking #Crypto (+8) ↗
AI Industry Threatened by Trump Layoffs
The Trump administration’s budget cuts at the National Science Foundation resulted in 170 layoffs, including AI experts, raising concerns about U.S. tech innovation leadership. #Update #Tech (-6) ↘
Crypto Shakeup FalconX Trading Head Departs
Brian Strugats, head of trading at @FalconXNetwork, has left the firm after over three years, according to an internal memo. Both parties declined to comment. #Update #Crypto (+3) →
Crypto Crackdown: Thai Police Arrest 11
Thai police raided five unlicensed crypto firms, arresting 11 employees and seizing assets worth $29.3M in a crackdown on illegal activities. #Breaking #Legal (+9) ↗
Crypto Pardon: Trump’s Moral Duty
President Trump’s pardon of Ross Ulbricht sparks calls to address broader justice system inequities, urging further pardons for cryptocurrency innovators. #Update #Legal (+3) ↗
Crypto: Trump Backs Repeal of IRS Rule
President Trump’s administration supports a bill to repeal an IRS rule impacting DeFi projects, with advisors recommending he sign it into law. #Breaking #Legal (+9) ↗
CBDC Israel Unveils Digital Shekel Design
Israel’s Bank of Israel unveils a preliminary design for its digital shekel (DS), emphasizing interoperability and dual-purpose use for retail and wholesale transactions. #Update #Crypto (+3) ↗
Vietnam Legalizes Digital Assets Framework
Vietnam to introduce a legal framework for digital assets by March’s end, enhancing crypto business clarity and economic growth. #Update #Legal (+5) ↗
Trump Crypto Reserve Investigation Demanded
Economist Peter Schiff urges Congress to investigate President Trump’s Truth Social posts, alleging a crypto pump and dump scheme. #Update #Legal (+3) ↘
AI Breakthrough: Deepseek-R1 Mirrors OpenAI
@Copyleaks reveals 74.2% of @DeepseekAI’s output mimics @OpenAI’s style, raising concerns over intellectual property and AI ethics. #Update #Legal (+4) ↘
Crypto Community Buzzes Over Trump Proposal
Coinbase CEO Brian Armstrong supports Bitcoin as the main asset for a U.S. crypto reserve, aligning with industry leaders amid Trump’s multi-crypto reserve proposal. #Update #Crypto $BTC (+6) ↗