Mexican authorities seized 300 GPUs from a hidden crypto mine linked to cartel funding, exposing a growing illicit mining scheme. Mexican authorities have lately busted a hidden crypto mine deep in the mountains of Puebla. Agents hauled out 300 GPUs, 80 medium-voltage terminals, and eight satellite antennas. The site sat...
STORJ Crashes 34% as Traders Race Upbit’s Delisting Deadline After a Wild 60% Spike
STORJ gave back a 60% spike and is down 34% in a day, hours before Upbit delists it, with Storj Labs still in Chapter 11 bankruptcy court. STORJ traded for six and a half cents on Thursday. By Saturday morning it had printed seven and a half, a level the...
Bitcoin’s CPI-Day Whipsaw Trapped Traders on Both Sides of the Trade
Bitcoin swung more than four grand within hours of the August CPI print, and traders leaning short and long both got liquidated before the dust settled. Bitcoin dropped first; that’s the part nobody remembers now. Then, somehow, it tacked on over four grand in a handful of hours. And then...
Revolut Data Leak Allegedly Exposes User Information, ZachXBT Warns
Revolut allegedly exposed sensitive customer information after a fake government request, with ZachXBT warning about targeted high-net-worth users. Revolut allegedly disclosed sensitive customer information after receiving fraudulent government information requests. On-chain investigator ZachXBT warned that the incident could have been an attack on high-net-worth individuals. Several customers were said to...
Bitwise to Liquidate Dogecoin ETF in October
Bitwise will liquidate its Dogecoin ETF in October, ending BWOW trading on October 14 as shareholders prepare for final cash distributions. Bitwise plans to liquidate its Dogecoin ETF in October, ending the fund roughly 10 months after its launch in 2025. According to the Financial Times, the Bitwise Dogecoin ETF,...
UniCredit Eyes Crypto Push With Custody and Brokerage Technology
UniCredit is evaluating technology for crypto custody and brokerage services. The bank is considering tokenized investments, fixed-income assets and stablecoins. UniCredit’s digital asset plans align with Europe’s expanding MiCA framework. UniCredit is exploring an expansion of its digital asset business, including crypto custody, brokerage, tokenized investments and stablecoins. The Italian...
Coinbase Partners With Moov to Bring Stablecoin Services to 1,000+ Banks
Coinbase and Moov will extend stablecoin services to 1,000+ community banks. The integration supports payments, settlement, payouts and real-time funding. Moov will connect Coinbase’s infrastructure with existing banking payment systems. Coinbase has partnered with payments infrastructure provider Moov to bring stablecoin payment services to more than 1,000 U.S. community banks...
Bitcoin Stalls Right Before the CPI Print That Could Break the Range
Bitcoin holds near $77,300 as the CPI report lands and CME FedWatch odds tilt toward a Fed rate hike, with oil prices adding pressure from Saudi supply strikes. Traders staring at Bitcoin‘s chart this week keep bumping into the same flat line, day after day, and it won’t give an...
What’s Next for XRP Price After the August CPI Data? Analysis
XRP jumped 4.87% after August CPI held inflation at 3.4%. Here’s what the charts show about the next move for XRP price. XRP price rose after Friday’s CPI print. The token was changing hands at $1.3996, up 4.87% at the time of writing. Price action told an interesting story. XRP...
MoneyGram Card Brings Stablecoin Spending to Everyday Visa Purchases
MoneyGram just turned 85 years of cross-border money transfers into a stablecoin-backed Visa card running on USDC, and Colombia gets to try it out first. MoneyGram switched on the MoneyGram Card today, and underneath the plastic-styled app screen sits a stablecoin balance instead of a regular bank account. Customers load...