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Corporate demand for bitcoin is accelerating as publicly traded companies tap stock and preferred-share financing to accumulate supply, a trend some industry leaders say could significantly increase corporate demand for newly mined coins and potentially influence market dynamics. Wall Street Capital Floods Bitcoin as Corporate Treasuries Expand Holdings Corporate treasury demand for bitcoin is increasing […]

Authorities pulled the plug on the Socksescort proxy empire, freezing $3.5 million in crypto and exposing a global router botnet. U.S. and European authorities have dismantled Socksescort, a residential proxy network powered by AVRecon malware that quietly hijacked more than 369,000 devices across 163 countries. Operating since 2020, the service sold access to infected home […]

Bitcoin exchange-traded funds (ETFs) extended their inflow streak to five consecutive days with $180 million in new capital. Ether and solana ETFs also posted gains, while XRP ETFs recorded no trading activity. Inflow Momentum Continues as Bitcoin, Ether ETFs Stay Green The steady march of institutional money into crypto ETFs continued to close out the […]

Wall Street legend Stanley Druckenmiller just tossed a polite grenade into the global payments debate, predicting that within 10 to 15 years the machinery moving money around the planet won’t rely on SWIFT wires or card networks—but on blockchain-powered stablecoins that settle transactions faster, cheaper, and without bankers checking the clock. Faster, Cheaper Payments? Druckenmiller […]

Judge James E. Boasberg blocked these subpoenas, considering that a “mountain of evidence” suggests their true purpose is to “harass Powell to pressure him to lower rates.” Jeanine Pirro, U.S. Attorney for Washington, D.C., stressed that the DOJ will appeal the judge’s decision, escalating the legal battle. Judge Quashes Federal Reserve Subpoenas, DOJ Announces Appeal […]

Betting companies have reportedly asked regulators to pause the operations of prediction market platforms, such as Polymarket and Kalshi, in Brazil. The betting lobby argues that prediction market contracts constitute bets and should be blocked, as these platforms are unlicensed in the country. Betting Lobby Attacks Prediction Markets in Brazil Betting companies have taken action […]