Tag: Cryptocurrency
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Illegal Crypto Mining in Iran: Power Drain & Environment
Overview: Why Illegal Crypto Mining Surges in Iran Iran’s crypto mining sector has long walked a tightrope between opportunity and risk. With subsidized electricity and a restless energy market, the country became a magnet for miners seeking cheap power. When operations go underground or move beyond government licensing, the result isn’t just financial leakage—it’s a…
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How Illegal Crypto Mining Strains Iran’s Power Grid and Environment
Introduction: The ticking electricity clock in Iran Iran’s energy landscape has long faced supply and distribution challenges, but a new pressure point has emerged: illegal cryptocurrency mining. Fueled by subsidized electricity and lucrative returns, unregistered farms siphon off power at scale, straining a grid already grappling with outages, inefficiencies, and a delicate balance between energy…
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Five Key Takeaways From the Draft Crypto Market Structure Bill Release
Overview: A Draft Path for Crypto Market Structure The Senate Agriculture Committee has released a draft of its portion of a broader crypto market structure bill, a milestone in shaping how digital assets are traded, regulated, and protected for both institutions and retail investors. While details are still evolving, the draft signals a deliberate push…
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Five Takeaways from the Crypto Market Structure Bill Draft Release
Introduction: A milestone in crypto regulation The Senate Agriculture Committee released a draft of its portion of a long-awaited digital assets market structure bill, signaling a concerted effort to clarify how cryptocurrencies fit within the U.S. financial system. As lawmakers, industry participants, and investors parse the document, five takeaways stand out as likely to shape…
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Lighter Raises $68 Million at $1.5 Billion Valuation: A New Era for Decentralized Trading
Overview: Lighter’s ambitious funding round and its dual role The crypto market welcomed a bold development as Lighter, a hybrid project that acts both as a decentralized exchange (DEX) and a blockchain, announced a $68 million funding round valuing the company at $1.5 billion. This milestone signals growing investor confidence in platforms that aim to…
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Lighter: Redefining Decentralized Trading with a $1.5B Valuation
Overview: A New Kind of Crypto Protocol The crypto market is buzzing over Lighter, a protocol that blends a decentralized exchange (DEX) with its own blockchain. After a $68 million fundraising round, Lighter is valued at roughly $1.5 billion, signaling strong investor confidence in the model that aims to decentralize not just trading, but governance…
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Bitcoin Drops Under $100,000 as Risk-Off Sentiment Hits Crypto Markets
Bitcoin slides below $100,000, signaling renewed risk-off sentiment Bitcoin recently dipped below the $100,000 mark for the first time since June, signaling a renewed risk-off mood among investors. The move comes amid a broader pullback in the cryptocurrency markets as traders reassess risk exposure in a backdrop of macro uncertainty, policy expectations, and evolving regulatory…
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Trump’s Pardon Claim Slammed as His Biggest Hypocrisy Yet
Introduction: A Claim Sparks a Fresh Wave of Criticism In a high-voltaged political moment, critics seized on a surprising claim from President Donald Trump: he says he does not know Changpeng Zhao, the Binance cryptocurrency exchange founder, whom the president allegedly pardoned less than two weeks earlier. As the story ricochets through headlines and social…
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Singapore and Cambodia Pig-Butchering Scam Ring Ties Surface in US Sanctions Probe
Overview: A Transnational Criminal Network under Scrutiny The United States on Tuesday sanctioned Chen Zhi, the chairman of the Chinese property and investment conglomerate Prince Holding Group, and several of his associates amid allegations that they played pivotal roles in a sprawling “pig butchering” scam operation. The scheme, which has attracted attention for its use…
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Singapore Ties to Cambodian Pig-Butchering Scam Ring Under Spotlight
Unraveling a Transnational Scam Network Singapore is suddenly in the spotlight as U.S. prosecutors reveal ties between a Cambodian criminal ring and a family office operating in the city-state. The allegations center on a vast online investment scam infrastructure—often described as a pig-butchering scheme—that allegedly laundered billions of dollars using cryptocurrency. At the heart of…