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Bitcoin mining spends 45.9% of estimated costs on electricity, including additional power expenses. AI inference allocates 76% of estimated costs to computing infrastructure per GPU-year. Bitcoin miners are exploring AI data centers to diversify revenue using existing power infrastructure. Ethereum co-founder Vitalik Buterin has highlighted a major difference between Bitcoin...

Bitget will cut services for selected users in a one-time move, while maintaining platform operations and assuring customers their funds remain safe. Bitget has announced a one-time measure to terminate services for selected users. Those impacted customers would be given instructions on deadlines, account changes and withdrawal arrangements, the cryptocurrency...

XRP drops 2.86% to $1.29 as trading volume falls 24.1%, while a potential double top puts $1.25 support and $0.80 in focus. XRP faces renewed selling pressure as a potential double top formation raises concerns about another price decline. The cryptocurrency trades near $1.29, with analysts watching whether weakening support...

Cobo Wallet users must withdraw assets by November 30 or face a 2% monthly management fee, with a $100 minimum. Digital asset custody provider Cobo has announced plans to discontinue its Cobo Wallet App on December 1, 2026. According to the firm, users must withdraw their remaining cryptocurrency holdings before...

Japan’s 3 biggest banks complete a yen stablecoin trial, validating cross-border payments and advancing plans for blockchain-based business settlements. Japan’s 3 biggest banking groups have completed a joint yen stablecoin trial, bringing blockchain-based cross-border payments closer to commercial use. On October 16, 2026, the findings showed that several banks can...

Russia will prohibit direct P2P crypto transactions between individuals from July 1, 2027. Non-qualified investors face a 300,000-ruble annual crypto purchase limit per intermediary. The Bank of Russia restricts transfers from regulated accounts to personal self-custody wallets. Russia will prohibit direct peer-to-peer (P2P) cryptocurrency trading between individuals from July 1,...

Circle’s USDC becomes the EU’s first significant e-money token under MiCA, bringing new EBA supervision and stricter regulatory oversight from November 12, 2026. Circle’s USDC has become the European Union’s first significant e-money token under the Markets in Crypto-Assets Regulation (MiCA). The European Banking Authority (EBA) has made the classification...

Payward agrees to acquire Lithuania’s Saldo Bank to expand European banking services, with the deal set to close in 2027. Payward, the parent company of cryptocurrency exchange Kraken, has agreed to acquire Lithuania-based Saldo Bank as part of its European expansion plans. The agreement would give Payward access to an...

Polygon adds 37 state money transmitter licenses and 11 exemptions through Coinme. Tazapay, Mesh, Toku and Kira adopt Open Money Stack for payments, funding and payroll. Polygon Chain surpasses $3 trillion in cumulative stablecoin transfer volume, according to the company. Polygon Labs has completed its Coinme acquisition, expanding its regulated...

Ripple partners with Meritz Securities to explore digital asset custody and tokenization, expanding its presence across South Korea’s financial markets. Ripple has partnered with Meritz Securities to explore digital asset custody and tokenization services in South Korea. The deal is Ripple’s first deal with a Korean securities firm. The companies...