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South African Eskom Considering Discount Power for Bitcoin Miners as Solar Creates Surplus

South African Eskom Considering Discount Power for Bitcoin Miners as Solar Creates Surplus

Bitcoin Magazine South African Eskom Considering Discount Power for Bitcoin Miners as Solar Creates Surplus Eskom, a South African electricity public utility,  is exploring plans to sell excess dayti...

The Daily: Crypto whale loses almost $50M in DeFi swap, BlackRock’s staked Ethereum ETF sees ‘very solid’ debut, and more

The Daily: Crypto whale loses almost $50M in DeFi swap, BlackRock’s staked Ethereum ETF sees ‘very solid’ debut, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

Ethereum accumulation wallets jump 30%: Will ETH price follow?

Ethereum accumulation wallets jump 30%: Will ETH price follow?

Ether’s road to recovery looked clearer, especially if the balance in Ethereum accumulation wallets and the staked supply continue rising at their current pace.

KuCoin launches perpetual futures tracking Tesla and Strategy stocks

KuCoin launches perpetual futures tracking Tesla and Strategy stocks

The USDt-settled contracts allow traders to speculate on the price movements of the two companies’ shares around the clock without owning the underlying stocks.

US Treasury Sanctions Alleged $800 Million North Korean IT Worker Fraud Operation

US Treasury Sanctions Alleged $800 Million North Korean IT Worker Fraud Operation

Six North Korean individuals and two entities were hit with U.S. sanctions over an alleged crypto-fueled fraud scheme targeting U.S. firms.

Bitcoin quickly drops 3.5% as fresh Iran escalation short-circuits crypto rally

Bitcoin quickly drops 3.5% as fresh Iran escalation short-circuits crypto rally

Surging to a near one-month high of $74,000, bitcoin reversed back to just above $71,000 as news of U.S. military movements in the Middle East rattled risk assets.

One mysterious investor made $2.5 million profit in hours by betting big on the latest Trump gala news

One mysterious investor made $2.5 million profit in hours by betting big on the latest Trump gala news

A dormant crypto whale just bet $7 million on the Trump memecoin after a new Mar-a-Lago gala was announced, sparking a 60% rally for the struggling token.

MoonPay introduces Ledger-secured AI crypto agents to address wallet key risks

MoonPay introduces Ledger-secured AI crypto agents to address wallet key risks

The feature allows users to verify and sign every transaction generated by an AI agent using a Ledger hardware device, ensuring private keys never leave the hardware signer.

Ethereum Foundation publishes new mandate defining its role, core principles

Ethereum Foundation publishes new mandate defining its role, core principles

The document comes at a point of transition for the organization, following shifts in the blockchain's technical roadmap and the resignation of a co-executive director.

Bitcoin miners saw the AI power crunch coming — and the nuclear revival

Bitcoin miners saw the AI power crunch coming — and the nuclear revival

AI-driven data center demand is reviving nuclear power across the US, and Bitcoin miners were among the first to tap nuclear energy to run high-performance computing operations.

Stablecoins, bitcoin could reshape finance, Stanley Druckenmiller says

Stablecoins, bitcoin could reshape finance, Stanley Druckenmiller says

The billionaire investor said stablecoins could become the whole payment system in 10-15 years, and reiterated that crypto might replace the U.S. dollar as the global reserve currency.

Circle's USDC volumes top Tether's USDT for first time since 2019, prompting sell-side price target hike

Circle's USDC volumes top Tether's USDT for first time since 2019, prompting sell-side price target hike

Japanese investment bank Mizuho remains neutral on Circle, but lifted it price target to $120 from $100.