Bitcoin ASIC Manufacturer Canaan Drops AI Chips, Bets Big on U.S. Bitcoin Mining – Here’s Why
Canaan has exited the AI chip market after costly misalignment with its goals, freeing resources for core Bitcoin-mining hardware. It has completed a US pilot production run of rigs to serve North American clients faster while monitoring tariffs and costs for future scaling.
The post Bitcoin ASIC Manufacturer Canaan Drops AI Chips, Bets Big on U.S. Bitcoin Mining – Here’s Why appeared first on Cryptonews. …
$4B Hong Kong Family Office Enters Crypto — How Big is the Bet?
Hong Kong’s VMS Group is making its first crypto investment, backing DeFi fund Re7 as clearer rules and rising institutional interest draw in traditional wealth.
The post $4B Hong Kong Family Office Enters Crypto — How Big is the Bet? appeared first on Cryptonews. …
Telegram Shuts Down Huione’s Largest Crypto Scam Market Ever, But Rivals Take Over with 400% Volume Surge
Telegram’s shutdown of Huione Guarantee, the largest illicit marketplace in history with over $27 billion in transactions, paradoxically strengthened the dark market as rival platforms experienced a 400% volume surge and quickly absorbed the criminal user base within weeks of enforcement action.
The post Telegram Shuts Down Huione’s Largest Crypto Scam Market Ever, But Rivals Take Over with 400% Volume Surge appeared first on Cryptonews. …
Michael Saylor’s Strategy Snaps Up 245 Bitcoin for $26 Million as Geopolitical Tensions Lift BTC 3.5%
Strategy has continued its Bitcoin accumulation, buying 245 BTC for $26 M at an average $105,856 and boosting its hoard to 592,345 BTC worth $41.87 B. The purchase has come amid Operation Midnight Hammer and retaliatory strikes that have heightened market volatility.
The post Michael Saylor’s Strategy Snaps Up 245 Bitcoin for $26 Million as Geopolitical Tensions Lift BTC 3.5% appeared first on Cryptonews. …
Fintech Firm Fiserv Taps PayPal and Circle to Power Its Stablecoin Initiative
Fiserv plans to launch its own US dollar-backed stablecoin, FIUSD, in partnership with PayPal and Circle to expand digital asset services across its network.
The post Fintech Firm Fiserv Taps PayPal and Circle to Power Its Stablecoin Initiative appeared first on Cryptonews. …
Israeli Man Accused of Spying for Iran in Exchange for Crypto — What’s Going On?
Israeli authorities arrested a 27-year-old Tel Aviv man for allegedly spying for Iran in exchange for cryptocurrency, raising concerns over digital payments in espionage.
The post Israeli Man Accused of Spying for Iran in Exchange for Crypto — What’s Going On? appeared first on Cryptonews. …
Anthony Pompliano Strikes $1B Merger to Launch Bitcoin-Native ProCap, Raises $750M to Go Public
Bitcoin-native firm ProCap will be a publicly traded entity on Nasdaq via SPAC and will hold up to $1 billion in Bitcoin on its balance sheet.
The post Anthony Pompliano Strikes $1B Merger to Launch Bitcoin-Native ProCap, Raises $750M to Go Public appeared first on Cryptonews. …
DWP list of health issues that could qualify you for £441 a month
Almost two million people in the UK are currently receiving cash support through Attendance Allowance. …
New calls for income tax rate cut for workers earning under £50,000
A new online petition is calling for the basic rate of tax to be cut from 20% to 10% for all workers earning less than £50,000 per year …
DWP urged to give some adults ‘early access’ to state pension at any age
The proposal would see certain people getting a “pro-rated payment equivalent” to state pension and allow the public to have their say on state pension age increases …
