Month: July 2025

US Files Forfeiture For $7.1M In Crypto From Investment Scam

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The US is looking to nab $7.1 million worth of crypto seized by Homeland Security in December tied to an allegedly fraudulent oil and gas investment scheme. The Seattle US Attorney’s Office said on Tuesday that it filed a civil action to seek the forfeiture of some of the $97 million taken in by the alleged scheme that ran between June 2022 and July 2024. “The co-schemers in this fraud moved their ill-gotten gain through various cryptocurrency accounts to try to launder the money stolen from victims,” Acting US Attorney…

Backed Finance’s Tokenized Stocks Product Volume Jumps to $300M

Demand for trading stocks on-chain is real. Switzerland-based Backed Finance’s tokenized U.S. equities product, xStocks, has seen a cumulative trading volume of over $300 million less than a month since going live on Bybit, Kraken, and Solana decentralized finance (DeFi) platforms. xStocks are 24/7 onchain tokens representing shares in publicly traded U.S. firms. Each token is fully backed 1:1 by the corresponding underlying stock held by a licensed custodian, allowing investors to take exposure to traditional assets while ensuring transparency and security. These tokens are issued by Backed Finance, which…

XRP Breaks Out Of Bull Pennant—Is $15 Now In Sight?

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An analyst has pointed out that XRP has broken out of a Bull Pennant on the weekly chart and may now be setting its sights on this target. XRP Has Surged Above Bull Pennant Recently In a new post on X, analyst Ali Martinez has talked about how XRP has exited above a Bull Pennant recently. The Bull Pennant refers to a technical analysis (TA) pattern that forms when an asset’s price succeeds a sharp upwards move with a period of consolidation between two converging trendlines. Bull Pennants are similar…

Mercurity Fintech Secures $200 Million for Solana Treasury

Mercurity Fintech (MFH) has secured a $200 million equity line from Solana Ventures to launch a comprehensive solana-based treasury initiative. Solana Ventures Backs Mercurity With $200 Million for SOL-Based Treasury Mercurity Fintech Holding Inc. (Nasdaq: MFH) has announced a strategic $200 million equity line of credit from Solana Ventures Ltd., marking a major step in […] Source CryptoX Portal

Two New Crypto Mining for Everyone! Which One is Better?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io New Crypto Mining! In our video review below, we go into the year’s best crypto mining sites, including the most recent new crypto mining sites and programs stirring up crypto mining 2025. If you’re a beginner or looking for ways to increase your earnings, we detail the top crypto mining programs that are changing the equation. Visit the top crypto mining sites, crypto mining platforms, and legitimate crypto mining projects where you can locate paid and free crypto mining. We’re going to…

SEC Approves Bitwise’s Crypto ETF Then Immediately Pauses It

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The US Securities and Exchange Commission approved and then immediately paused the conversion of Bitwise’s crypto index fund into an exchange-traded fund, leaving it in limbo pending a review. The SEC’s division of trading and markets granted an “accelerated approval” of the Bitwise 10 Crypto Index conversion into an ETF on Tuesday, which means Bitwise could request that the SEC declare the registration effective earlier than the regular timeline. However, in a letter the same day, SEC assistant secretary Sherry Haywood said the “order is stayed until the Commission orders…

Solana (SOL) Smashes $200, Bulls Now Target $220–$250 Zone

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Solana started a fresh increase above the $185 zone. SOL price is now correcting gains and might find bids near the $195 support zone SOL price started a fresh upward move above the $185 and $192 levels against the US Dollar. The price is now trading above $195 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $199 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $205…

A 10-cubic-meter mining electric shovel.

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The 10-cubic-meter mining electric shovel is a large-scale open-pit mining and excavation equipment with a bucket capacity of 10 cubic meters. The following is a detailed introduction: – Basic Structure: It includes the traveling device, slewing device, working device, lubrication system, and air supply system. The weight of the working device must be substantial to resist the excavation force. To balance it, the weight of the fuselage also increases accordingly. Therefore, the overall weight of the mechanical electric shovel is very large,…