Crypto news, edited for clarity.
Concise reporting sourced from established crypto publishers and reviewed before publication.
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Ringleader of $245M Crypto Theft Pleads Guilty
Malone Lam pleaded guilty as the ringleader of an international crime group responsible for a massive cryptocurrency heist.
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This XRP project is shutting down after wallet flaw exposed 4,000 accounts and drained $450,000
CryptoSlate reports XRP Healthcare is shutting down and delisting tokens after a wallet flaw compromised 4,010 accounts and drained roughly $450,000.
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Strategy erased nearly $8 billion of net debt in 11 months and put S&P’s junk rating on the clock
According to CryptoSlate, Strategy reduced net debt to about $174 million and raised dollar liquidity to $6.54 billion as it nears S&P's 12-month upgrade window.
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Bitcoin tests critical $76,000 support cluster during macro energy shock
Bitcoin fell below $77,000 as rising energy costs, bond yields, and Fed rate hike expectations triggered $568 million in crypto liquidations.
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Bitcoin mining supplies 90% of HIVE’s $1 million daily revenue despite ongoing AI expansion
CryptoSlate reports HIVE generated over $1 million daily, with Bitcoin mining supplying over 90% and GPU cloud contributing about $100,000.
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Binance pre-IPO contract pushes Anthropic to a $2.1 trillion implied valuation
CryptoSlate reports that a Binance pre-IPO perpetual contract for Anthropic traded above $2,100, reaching an implied valuation exceeding $2.1 trillion.
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EDX Integrates Fireblocks Network Link to Streamline Institutional Asset Transfers
According to BlockchainReporter, EDX Markets integrated Fireblocks Network Link to streamline institutional asset transfers.
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Algorand Names William Herkelrath Chief Executive Officer
According to BlockchainReporter, William Herkelrath has been appointed CEO of Algorand, succeeding Staci Warden.
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VerifiedX Launches $15 Million Financing Round to Deploy Institutional Bitcoin Infrastructure
VerifiedX launched a $15M financing round with Cantor Fitzgerald to fund institutional Bitcoin distribution, custody, and exchange listings.
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Iran Continues Using Bitcoin To Keep Economy Stable: Report
According to Bitcoin Magazine, Iran is reportedly using bitcoin and other cryptocurrencies to settle cross-border transactions and skirt sanctions.
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