Russian power engineers say they have developed new methods to help them track down and prosecute illegal crypto miners operating in areas prone to electricity shortages.
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Category: Cryptocurrencies
Europol Busts ‘Mafia Crypto Bank’ Tied to $23M Laundering Scheme
European authorities have dismantled a sprawling money laundering network dubbed the “mafia crypto bank,” arresting 17 individuals.
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Democrats Demand Treasury Records on Trump-Linked Crypto Projects
Democratic lawmakers have launched a new probe into former President Donald Trump’s growing involvement in the crypto industry.
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Arkham ($ARKM) Sees 50% Monthly Gain: Can the Blockchain Intel Token Hit $1.79?
Arkham has risen 6.5 % in 24 hours and 50 % this month, driven by a U.S. exchange linking its AI analytics with trading access. New wallet-tracking for major X accounts has boosted sentiment, but its $190 M valuation remains below peers, leaving upside toward the $1.79 technical target.
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Bitcoin Miners WULF and MARA Trade at 4× Revenue Premiums, IREN Lags
On-chain data firm CryptoQuant has identified the Bitcoin addresses of listed miners and has derived intra-month revenue for MARA, WULF, RIOT, HIVE, CORZ, CLSK, BITF, CIPHER and IREN. Annualised figures place WULF and MARA on 4.4× revenue multiples, while IREN trades at a discount.
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Kazakhstan Crypto Skyrockets to $1.4B as Nation Targets Central Asia Crypto Dominance
Kazakhstan crypto leaders have outlined plans to relax trading limits, license miners, and pair grid upgrades with foreign investors. Volumes at Astana’s finance centre have risen from $324 m to $1.4 bn, yet 91 % of activity still falls outside oversight, prompting calls for a nationwide framework.
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Blockchain Association Chooses CFTC’s Summer Mersinger to Lead High-Stakes Crypto Lobbying
The Blockchain Association has confirmed that CFTC Commissioner Summer Mersinger will leave the regulator on May 30 and assume the CEO role on June 2, replacing Kristin Smith and bringing two decades of Capitol Hill and agency experience to the crypto lobby’s final push for fit-for-purpose legislation.
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Asia’s Richest Ditch U.S. Dollars for Crypto, Gold and Chinese Assets, UBS Reveals
UBS has reported that Asia’s billionaires have reduced reliance on the U.S. Dollar, directing funds toward cryptocurrencies, gold and Chinese sectors. Declining reserve dominance, tariff détente and expanding digital wealth tools have supported a 25 % gold rally and deeper allocation to Bitcoin.
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U.S. Spot Bitcoin ETFs See $96M in Outflows, Snapping 4-Day Inflow Streak
U.S. spot Bitcoin ETFs recorded $96.14 million in net outflows on Tuesday, breaking a four-day streak of inflows that had culminated in a record-setting performance just a day earlier.
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Morgan Stanley Crypto Chief Departs to Launch DeFi-Focused Investment Firm
Andrew Peel, the head of digital asset markets at Morgan Stanley, has stepped down to launch his own crypto-focused investment and trading technology firm.
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