Behind the Ban: Why China Is Quietly Cashing Out Its Bitcoin Holdings
China is discreetly selling seized cryptocurrencies via offshore markets amid economic strain, prompting legal concerns and proposals for a national Bitcoin reserve.
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Breaking Crypto News
Lucy Powell X Account Hacked to Promote Scam Crypto Coin
Lucy Powell’s X account hack to promote a fake cryptocurrency reflects a growing global trend of scammers targeting political figures to exploit their platforms for digital fraud.
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Nvidia Warns of Innovation Risk After Massive H20 Chip Write-Down
vidia is taking a $5.5 billion hit from U.S. export restrictions on its H20 AI chips, triggering a broader selloff in chipmaker stocks.
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OKX Relaunches in America After $504M DOJ Settlement
OKX has officially re-entered the U.S. market with a new headquarters in San Jose and a renewed focus on compliance.
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JPMorgan Bets on GBP to Break Dollar Dominance in Digital Payments
JPMorgan has expanded its Kinexys blockchain payment network to support British Pound (GBP) accounts, offering 24/7 settlement for corporate clients.
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Crypto Cleanup: Apple Drops 14 Unlicensed Exchanges in South Korea
South Korea has removed 14 unregistered crypto exchanges, including KuCoin and MEXC, from the Apple App Store, intensifying regulatory enforcement.
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AWS Outage Triggers Crypto Chaos: Centralized Exchanges Struggle with Downtime
A major AWS outage on April 15 disrupted services at major crypto exchanges like Binance, KuCoin, and MEXC, exposing the crypto industry’s dependence on centralized infrastructure.
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Ethereum Investors Left Waiting as SEC Postpones ETF Staking Ruling
The U.S. SEC has delayed its decision on Grayscale’s proposal to enable staking for its Ethereum ETFs, pushing the review to June 1, 2025.
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Bitcoin on Corporate Balance Sheets Hits $56.7B as Public Firms Ramp Up Buying
Public companies increased their Bitcoin holdings by 16.1% in Q1 2025, signaling a growing trend of institutional adoption as corporate interest in digital assets deepens.
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Will Competition Ignite? Kraken Bet Shakes Up Markets Â
Kraken has launched commission-free trading for over 11,000 U.S.-listed stocks and ETFs through its FINRA-regulated affiliate.
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