Tuesday, October 13

Crypto

Georgia Announces Crackdown on Illegal Bitcoin Mining

Georgia will reportedly install electricity meters across villages and settlements in Mestia as part of a crackdown on illegal crypto mining that officials say is straining the region’s power grid.Vice Prime Minister Mamuka Mdinaradze said Monday that illegal mining had…

How High Can NEAR Price Go in June?

NEAR, the native token of the AI- and privacy-focused Near Protocol, has been an outlier in the broader crypto market, outperforming top coins such as Bitcoin (BTC) and Ether (ETH) in recent weeks.As of Tuesday, NEAR traded as high as…

Strategy’s Bitcoin Sale Sparks Polymarket Dispute

Polymarket users who bet on when Michael Saylor’s Strategy would sell Bitcoin are in dispute with the prediction market platform over the timing and disclosure of the company’s recent sale.More than $80 million has been wagered on whether Strategy would…

Mt. Gox Moves 9M in Bitcoin for First Time in Two Months

Defunct Japanese crypto exchange Mt. Gox moved roughly $739 million worth of Bitcoin from its cold wallets early Tuesday, its first onchain movement in over two months, according to Arkham Intelligence data.Blockchain data shows the exchange transferred 10,306 Bitcoin (BTC),…

Bitcoin Falls to Two-Month Low as Stocks Hit Record Highs

Bitcoin fell to its lowest level in almost two months on Tuesday as cryptocurrencies continue to diverge from traditional equity markets.Bitcoin (BTC) fell to a low of $70,023 on Coinbase early on Tuesday, its lowest level since April 7, marking…

Robinhood Enters Canada Crypto Market With 0M WonderFi Deal

Stock and crypto trading platform Robinhood has entered the Canadian market after closing a $180 million stock acquisition of local crypto technology company WonderFi, gaining the company’s licenses and regulatory approvals in the country.Robinhood said on Monday that the acquisition…

Grayscale’s Hyperliquid ETF Likely to Launch This week

Crypto asset manager Grayscale could launch its exchange-traded fund tied to the Hyperliquid token in the US as soon as this week after it amended a regulatory filing for the fund, an analyst says. Bloomberg ETF analyst James Seyffart posted to…

Toncoin to Rebrand to Original Name Gram

The Open Network says it is planning to rebrand its Toncoin (TON) token to Gram (GRAM), the original name of the network’s cryptocurrency in its first white paper.“Gram was the original name of TON’s currency in the first white paper,”…

Bitmine Buys M ETH, Tom Lee Says Fundamentals Strong

Bitmine Immersion Technologies has purchased another $52 million worth of Ether (ETH), with its chair, Tom Lee, saying that the token’s price isn’t yet reflecting the Ethereum blockchain’s strengths.“Over the past week, we acquired 26,497 ETH,” Lee said in a…

Binance Launches Tokenized US Equities with 24/5 Trading

Binance has launched US equities trading for eligible users and plans to add tokenized stocks as part of a broader push to expand beyond crypto.Users will be able to trade more than 7,000 stocks and exchange-traded funds (ETFs) with zero…

Radiant to Wind Down After Failing to Recover From 2024 Hack

Crypto lending protocol Radiant Capital says it will start closing down as it failed to establish a “viable path forward” after North Korea exploited it for $50 million in October 2024.Radiant’s decentralized autonomous organization said in a blog post on…

Founder Vows to Make Users Whole

Gnosis is working to contain an exploit Monday affecting its Gnosis Pay product after co-founder Martin Köppelmann acknowledged an active hack involving the system’s delay module and said the project would cover user losses.Köppelmann initially urged users to withdraw funds,…

Debate on CLARITY Act Continues this Week as US Senate Returns

US Senate consideration of the Digital Asset Clarity (CLARITY) Act is likely to resume as members reconvene this week after an extended Memorial Day holiday.Many US lawmakers and crypto industry leaders are pushing for consideration of the CLARITY Act, a…

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