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Bitmain recently announced it would open its first BTC mining hardware manufacturing facility in the United States by the end of 2025. American Bitcoin, a Bitcoin (BTC) mining company backed by members of US President Donald Trump’s family, exercised an option to purchase up to 17,280 application-specific integrated circuits (ASICs), hardware for crypto mining, from…
Block’s Proto Rig and Proto Fleet aim to reduce upgrade costs and extend rig lifespans, giving miners a potential edge in a capital-intensive, increasingly AI-integrated industry. Bitcoin-focused fintech company Block Inc. has introduced a new cryptocurrency mining system designed to extend the lifespan of mining rigs and lower operational costs — a potential boost for…
Military Bank, a Vietnamese state-controlled lender, has partnered with the parent company of South Korea’s Upbit exchange, Dunamu, to develop a cryptocurrency exchange. Vietnamese state-controlled bank Military Bank (MB) plans to launch a regulated crypto exchange in partnership with Dunamu, the parent company of South Korean crypto exchange Upbit. According to a Wednesday announcement from…
Spar will launch crypto and stablecoin payments across 300 Swiss supermarkets via Binance Pay and DFX.swiss, marking a retail first for the country. Global grocery giant Spar is enabling stablecoin and cryptocurrency payments in its stores across Switzerland, marking what the company says will be the first nationwide rollout of digital asset payments in the…
A team of North Korean IT operatives behind 31 fake identities has been linked to the $680,000 hack of fan-token marketplace Favrr in June. A small team of North Korean IT workers — linked to a $680,000 crypto hack in June — have been using Google products and even renting computers to infiltrate crypto projects,…
Google Play’s updated policy, effective Oct. 29, will require crypto wallet apps to meet specific licensing rules in certain countries. Google Play’s will require crypto wallet providers in over 15 jurisdictions, including the United States and the European Union, to get licenses and comply with “industry standards” under an updated policy. According to Google Play’s…
HashFlare co-founders Sergei Potapenko and Ivan Turõgin were given time served for copping to their roles in a $577 million scheme, with prosecutors saying they’re weighing an appeal. The founders of HashFlare, a crypto mining company behind a $577 million Ponzi scheme, have escaped additional jail time after admitting to their roles in the scheme….
Coinbase has revived its fund to boost USDC liquidity in DeFi, starting with supporting the stablecoin on Aave, Morpho, Kamino, and Jupiter. Coinbase is relaunching its Stablecoin Bootstrap Fund first introduced in 2019 to boost the liquidity of the stablecoin USDC in a range of popular and emerging decentralized finance protocols. Coinbase said on Tuesday…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, USDC issuer Circle has introduced its layer-1 blockchain, Arc, and said its Q2 revenue and reserve income increased 53% year-over-year, an Ethereum developer who…
USDC issuer Circle has introduced its own layer-1 blockchain, Arc, as its stablecoin grew 90% year-over-year in Q2 2025. Circle, a publicly traded US company and the issuer of USDC stablecoin, said it will launch its own layer-1 (L1) blockchain compatible with the Ethereum Virtual Machine (EVM) later this year. The company released its second-quarter…