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The United Kingdom has imposed new sanctions on a cluster of Kyrgyz financial institutions, cryptocurrency exchanges and associated individuals that British officials say were used to help Russia evade Western restrictions. UK authorities singled out a ruble‑pegged token known as A7A5 and said the token and its supporting infrastructure
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A large Bitcoin holder — a so-called whale that had been dormant for roughly seven years — has continued to rotate holdings into Ether, moving another 1,000 BTC (about $113 million) and using most of it to build a substantial spot ETH position currently worth roughly $240 million. The activity followed
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Ming Shing Seeks Nearly $483M Bitcoin Buy as Shares Jump Ming Shing Group Holdings, a Nasdaq-listed construction company based in Hong Kong, announced an agreement to acquire 4,250 Bitcoin in a deal valued at roughly $483 million. Instead of paying cash, the company plans to use a package of
AI & Crypto
Crypto traders are increasingly treating conversational AI as the first stop for market insight. Rather than diving immediately into candlesticks and indicators, many now ask models like ChatGPT and Grok for context, sentiment and narrative framing — a faster, language-driven way to understand why prices might be moving before confirming the
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Ming Shing Group Holdings, a Hong Kong construction firm listed on Nasdaq, said it has agreed to acquire 4,250 Bitcoin in a transaction valued at roughly $483 million. The deal, if completed, would make Ming Shing one of Hong Kong’s largest corporate Bitcoin holders, surpassing firms that currently
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The United Kingdom has announced sanctions on a group of Kyrgyz financial institutions, cryptocurrency exchanges and individuals that it says were being used by Russia to evade Western restrictions. The measures target what the UK describes as a ruble-backed stablecoin operation and related infrastructure alleged to have processed roughly $9.
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Gemini wins MiCA licence in Malta as European expansion advances Cryptocurrency exchange Gemini has secured a Markets in Crypto‑Assets (MiCA) licence in Malta from the Malta Financial Services Authority (MFSA), a regulatory step the company says will support its continued expansion across Europe. Gemini described the approval as a
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Australian authorities uncovered a large-scale fraud and money‑laundering operation that investigators say moved around $123 million and ultimately converted much of the proceeds into cryptocurrency. The probe was the result of an 18‑month investigation led by the Queensland Joint Organized Crime Taskforce, which began tracing suspicious transactions in
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A new nonprofit advocacy group called the American Innovation Project (AIP) has launched in Washington, D.C., aiming to educate policymakers and the public about emerging technologies such as AI and blockchain. Kristin Smith, president of the Solana Policy Institute, will chair AIP’s board. The organization’s leadership also
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Decentralized exchange 1inch has introduced direct cross‑chain swaps between Solana and EVM-compatible networks, removing the need for bridges or messaging protocols. The feature, deployed on 1inch’s DApp, wallet and Fusion+ API, enables secure, MEV-protected swaps from Solana into more than a dozen EVM chains without wrapping assets or
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A Spanish decentralized finance (DeFi) investor was charged about €9 million (roughly $10.5 million) in back taxes after authorities treated a crypto-backed stablecoin loan as a taxable capital gain. According to reports, the investor had already declared crypto activity and paid about $5.84 million in taxes, but three
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SharpLink Gaming said it bought 143,593 ether in the week ended Aug. 15, lifting its total holdings to 740,760 ETH, worth roughly $3.18 billion at prevailing prices. The Nasdaq-listed firm, led by Ethereum co-founder Joe Lubin, has rapidly shifted to an ether-focused treasury strategy since late May