Russian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network congestion, equipment damage, and criminal investigations. Unauthorized Crypto Mining Results in Heavy Losses For Rosseti Russian electricity provider Rosseti has reported $14 million (1.3 billion rubles) in damages from illegal cryptocurrency mining in […] Source CryptoX Portal
Bitcoin wallet UniSat has introduced Hexa, a hybrid trading engine designed to offer a seamless trading experience while maintaining self-custody. By combining the self-custody of a decentralized exchange with the user experience of a centralized exchange, Hexa, which was announced on Feb. 19, seeks to provide a seamless and secure trading experience. Among the Bitcoin (BTC) assets that users can trade on Hexa are BRC-20 tokens, Runes, Taproot Assets, and native stablecoins. Because the platform is protocol-agnostic, it can support a wide variety of asset types without any restrictions. It…
Strategy, the world’s largest corporate Bitcoin holder, plans to raise $2 billion through zero-interest convertible notes to buy more Bitcoin. A company statement dated Feb. 18 proposed offering the notes to institutional investors in a private placement, with an additional $300 million option for early buyers. The notes, maturing on March 1, 2030, will be convertible into cash, stock, or a mix of both at Strategy’s discretion. The notes will not bear regular interest or accrete in value, meaning their principal amount will remain fixed over time. Strategy retains the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Grayscale’s Cardano ETF filing sent ADA soaring, but Rollblock is stealing the spotlight with a 450% presale surge and predictions of another 400% gain. The news about Grayscale Investments’ Cardano ETF filing sent ADA soaring by 11% last week, outpacing both Bitcoin (BTC) and Ethereum (ETH) as investor optimism surged. With the possibility of institutional inflows on the horizon, Cardano is positioning itself for a major breakout. But while…
As global markets grapple with tighter monetary policies, entrepreneur-turned-politician Vivek Ramaswamy predicts a structural shift in corporate finance strategies, with bitcoin poised to become a staple of institutional treasuries. Bitcoin—A ‘More Common Corporate Treasury Holding’ In a statement on X on Feb. 18, 2025, Vivek Ramaswamy—the former 2024 presidential candidate and former DOGE lead—declared that […] Original
Este artículo también está disponible en español. Ethereum (ETH) has failed to break from a key level, retracing 4% as most of the market bleeds. Some analysts believe that ETH’s next leg up won’t come in a few months, as the second-largest cryptocurrency could move sideways until May. Related Reading Ethereum To Continue Sideways Move? On Monday, Ethereum swan against the current and registered a 6.3% surge toward the $2,850 support zone, momentarily breaking out of a symmetrical triangle pattern where it has been consolidating for the past 15 days.…
Understanding money is hard—especially when we don’t ask how it works. Wait, So What Is the U.S. Dollar Backed By? Alex leaned forward at the coffee shop table. “You criticize bitcoin, but do you know how the U.S. dollar works?” John hesitated. “Gold… right? Or something physical?” “That stopped in 1971,” Alex replied. “The dollar […] Original
Dogecoin started a fresh decline below the $0.270 zone against the US Dollar. DOGE is now consolidating and might face hurdles near $0.2550. DOGE price started a fresh decline below the $0.270 and $0.260 levels. The price is trading below the $0.260 level and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.2560 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.2560 and $0.2600 resistance levels. Dogecoin Price…
The latest frenzy that started with U.S. President Donald Trump’s TRUMP memecoin launch and saw traders making and losing millions within minutes, might have finally come crashing down with the LIBRA token fiasco. LIBRA, a Solana-based project that President of Argentina Javier Milei tweeted about on Feb. 14, saw its market cap rise as high as $4.5 billion and then fall more than 80% within a couple of hours as insiders cashed out, leaving many bag holders with massive losses. The story became an international and political incident over the…
Este artículo también está disponible en español. In the fourth quarter of 2024, Polygon (formerly MATIC) experienced a significant mixed performance in key metrics, primarily driven by the testnet launch of its interoperability protocol, Agglayer. This new initiative aims to facilitate cross-chain token transfers and message-passing, enhancing the functionality and integration of various blockchain networks. Polygon Market Cap Rebounds To $3.8 Billion According to market intelligence firm Messari, by leveraging zero-knowledge (ZK) proofs, Agglayer promises secure communication and asset transfers, positioning itself as an innovative development akin to the introduction…