Norway is set to implement a temporary ban on the establishment of new cryptocurrency mining data centers, aiming to reduce energy consumption and protect national energy priorities. The announcement was made on June 20 by the Norwegian government, with the ban scheduled to take effect in August. The move targets high-power crypto mining operations, especially…
TikTok has strongly denied allegations made by U.S. Congressman Brad Sherman that its “Chinese owners” purchased $300 million worth of TRUMP memecoins in an attempt to sway President Donald Trump into extending the platform’s U.S. deadline. The accusation comes after Trump signed an executive order granting TikTok a 90-day extension to find a buyer or…
The cyberattack on Iranian crypto exchange Nobitex has escalated dramatically, as hacker group Gonjeshke Darande — also known as Predatory Sparrow — has publicly released what it claims is the exchange’s entire source code, compounding the already devastating breach. Taking to Twitter on Thursday, the group posted: “Time’s up — full source code linked below….
The Federal Reserve has opted to maintain interest rates at current levels, signaling a cautious stance as it navigates persistent inflation and global economic uncertainty. The decision, announced by the Federal Open Market Committee (FOMC) on Wednesday, June 18, keeps rates in the 4.25% to 4.5% range, aligning with market expectations. In its statement, the…
In a landmark move, Spokane has become the first city in Washington State to ban cryptocurrency ATMs, citing a sharp rise in fraud and scams targeting vulnerable residents. The Spokane City Council voted unanimously on June 17 to enact the ordinance, titled “Virtual Currency Kiosk Prohibition for a Safer Spokane,” which mandates the removal of…
Avalanche (AVAX) experienced one of the steepest declines among major altcoins on Friday, June 13, dropping over 14% in the wake of Israel’s military strike on Iran. The heightened geopolitical tensions triggered a wave of risk-off sentiment across financial markets, sending crypto assets tumbling as investors sought safer ground. At its lowest point, AVAX traded…
Infini, China’s most widely used crypto card payment service, has announced it will permanently suspend all card-based services, marking a significant pivot toward financial management and yield-driven offerings. According to a statement published via the platform’s official Telegram channel, all card-related services — including the Global Card, Lite Card, and Tech Card — will be…
The global cryptocurrency market faced a sharp downturn early Thursday following breaking news that Israel launched a surprise military strike on Iranian territory. The air assault, which reportedly targeted critical infrastructure in central and western Iran, sent shockwaves through financial markets — with crypto bearing the brunt of investor panic. Market Sentiment Shaken Bitcoin (BTC),…
A $45 million Bitcoin donation from a convicted dark web entrepreneur has ignited a major political storm in the Czech Republic. The donation, made by Tomáš Jiříkovský, a former drug trafficker and operator of an illegal online marketplace, has triggered calls for a no-confidence vote against the current government. The opposition is demanding accountability for…
The Nigerian Securities and Exchange Commission (SEC) has renewed its public warning against Crypto Bridge Exchange (CBEX), also known as ST Technologies International Ltd, Smart Treasure, or Super Technology, for operating without regulatory approval and engaging in unauthorized investment activities. According to the SEC’s official advisory issued on Wednesday, CBEX has resumed operations despite prior…