Tag: Digital Assets
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Cango Inc. Secures Strategic Equity Investment from EWCL to Accelerate Bitcoin Mining and AI Compute Expansion
Overview: Cango’s New Partnership with EWCL Cango Inc. (NYSE: CANG), a global leader in Bitcoin mining and a developer of an integrated energy and AI compute platform, announced a strategic equity investment from Enduring Wealth Capital (EWCL). The transaction marks a significant milestone in Cango’s growth strategy, reinforcing its position in the rapidly evolving digital…
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Datavault AI Announces Issuance of Two Foundational Tokens to Accelerate Data Valuation and RWA Tokenization
Datavault AI Reveals Two Foundational Tokens to Advance Data Valuation and RWA Tokenization Datavault AI Inc., a Nasdaq-listed company known for its focus on AI-driven data valuation, monetization, and quantum-encrypted RWA (real-world asset) tokenization, announced the issuance of two foundational tokens as part of its strategic roadmap. The move underscores the company’s commitment to expanding…
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The $393 Billion Crypto Craze: Could It One Day Threaten Banks?
The Growing Size of the Crypto Market Crypto markets have moved from a fringe pastime to a towering financial force. Analysts now estimate the combined value of major digital assets—and the ecosystem around them—at around $393 billion, a scale that rival traditional asset classes in some corners of the market. This growth isn’t just about…
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The $393 Billion Crypto Craze That Could One Day Threaten Banks
The Rise of a $393 Billion Craze When people think of cryptocurrencies, bitcoin often dominates the conversation as the flagship asset. Yet behind the headlines about volatile price swings lies a broader, $393 billion craze that could someday reshape how households and businesses bank, borrow, and transfer funds. This isn’t just about a speculative market;…
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Court Says $550K Crypto Theft Isn’t a Crime—Victim Fights Back
Zimbabwean Crypto Case Sparks Outcry as Suspects Walk Free A landmark case in Zimbabwe has drawn sharp public attention after two suspects accused of stealing more than $550,000 in cryptocurrency appeared to walk free from court. The unsettling development has thrust the victims’ frustrations into the national spotlight and prompted calls for a robust appeal…
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Court Rules $550K Crypto Theft Isn’t a Crime, Victim Fights Back
Background: A High-Profile Crypto Theft in Zimbabwe The case centers on a claim that more than $550,000 in cryptocurrency was stolen from a prominent Zimbabwean eye specialist. The trial drew national attention as two suspects appeared in court, facing serious allegations tied to one of the country’s most high-stakes crypto incidents. What makes this case…
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Mutuum Finance Hits $19.4M in Funding as Phase 6 Nears Full Allocation
Mutuum Finance Sees Major Funding Milestone as Phase 6 Nears Completion Mutuum Finance (MUTM) has hit a major milestone, surpassing $19.4 million in funding as Phase 6 of its token distribution moves toward full allocation. The Dubai-based project has attracted renewed attention from investors and crypto enthusiasts alike, signaling strong confidence in Mutuum’s roadmap and…
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Hyperscale Data Holds Bitcoin Treasury Worth 97.5% of Market Cap at $75.5 Million
Hyperscale Data’s Bitcoin Treasury Anchors a Majority of Market Value Hyperscale Data, Inc. (NYSE American: GPUS) has disclosed a significant Bitcoin treasury strategy alongside its broader AI data center ambitions. The company announced that its Bitcoin holdings total 498.4633 BTC, representing roughly 97.5% of its market capitalization. With an estimated market cap around $75.5 million,…
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Hyperscale Data Holds Bitcoin Treasury Near Market Cap as It Expands AI Data Center Footprint
Hyperscale Data Expands Crypto-Driven Strategy Amid AI Expansion Hyperscale Data, Inc. (NYSE American: GPUS) continues to position itself at the intersection of artificial intelligence infrastructure and cryptocurrency strategy. The Las Vegas-based AI data center company has disclosed a Bitcoin treasury that stands at 498.4633 BTC, a figure that, when valued at recent price levels, represents…
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Crypto Crash Squeezes Wealth for Trump Family and Followers
Overview: A family’s foray into digital assets The saga of the Trump family and their followers in the world of cryptocurrency reflects a broader trend: high-profile interest in memecoins and digital assets often attracts sudden wealth and rapid reversals. In recent quarters, a Trump-branded memecoin and related crypto ventures drew attention from supporters and detractors…