South Korea moves to block 27 crypto websites, including KuCoin, MEXC

Authorities said the restrictions are aimed at unregistered exchanges and have acknowledged that customers could have difficulty withdrawing assets. South Korean authorities have approved measures to block domestic access to 27 websites operated by unregistered crypto exchanges and other virtual asset service providers, including KuCoin, MEXC, Phemex and Bitrue.  In an announcement on Tuesday, South…

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Aptos rolls out Encrypted Mempool to curb frontrunning, sandwich attacks

The optional feature hides transaction details until their order is finalized, preventing bots from exploiting pending trades. Layer-1 blockchain Aptos has launched an optional new feature that could help shield traders from attacks involving maximal extractable value (MEV), including frontrunning and sandwich attacks.  On Monday, Aptos said its Encrypted Mempool feature is now live on…

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FTX’s crypto mining venture is now used to advance AI

The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022. The investment company SWI Group has raised about $900 million in capital as part of plans to scale its data center and AI computing capacity, which includes a mining operation previously tied to cryptocurrency exchange FTX. In…

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Crypto PACs report $2.7M spending blitz on House races as midterms loom

With just 22 days until the US midterm elections, a crypto-aligned committee has announced another major ad expenditure to support “pro-crypto” candidates in 2026. Affiliate entities of Fairshake, the US political action committee (PAC) funded largely by contributions from investment banking company Cantor Fitzgerald, cryptocurrency exchange Coinbase and Ripple Labs, reported millions of dollars worth…

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Bitcoin miners face widening AI financing costs as lenders scrutinize deals

The Bitcoin mining industry needs roughly $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms and HIVE Digital facing major funding gaps. Bitcoin mining companies expanding into artificial intelligence and high-performance computing face sharply different borrowing costs as lenders scrutinize large-scale data center projects, adding to the industry’s growing financing challenges. According…

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Australia proposes leverage caps for crypto-settled derivatives

ASIC’s proposal would extend leverage limits and protections against negative balances to certain derivatives settled in digital assets. Australia’s securities regulator wants to extend leverage limits and other retail investor safeguards to certain trading contracts settled in crypto. On Monday, the Australian Securities and Investments Commission (ASIC) proposed expanding the rules for contracts for difference…

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