Spot Bitcoin ETFs Record $3.8B in Outflows Over Five Consecutive Weeks
Spot Bitcoin ETFs Record $3.8B in Outflows Over Five Consecutive Weeks
Category: Crypto News
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Bitcoin Miner MARA Acquires 64% Stake in French AI Data Center Operator Exaion
Bitcoin mining giant MARA Holdings has completed its acquisition of a controlling 64% stake in French computing infrastructure operator Exaion, marking a significant expansion into artificial intelligence and cloud services as the mining industry continues its pivot toward data center revenue. The deal, originally announced in August 2025 with EDF Pulse Ventures, received all necessary…
Dubai Opens Secondary Market for $5 Million in XRP Ledger-Based Real Estate Tokens
Dubai’s Land Department and tokenization firm Ctrl Alt have launched a secondary market for real estate-backed tokens, enabling investors to resell fractional property ownership on the XRP Ledger blockchain. Approximately 7.8 million tokens tied to ten Dubai properties are now eligible for trading within a controlled market environment. Transactions will be recorded on the XRP…
Base Breaks Away From Optimism With New Independent Tech Stack
Coinbase’s Base layer-2 network is going solo. On Wednesday, the largest chain in the OP Stack Superchain announced it’s ditching Optimism’s technology in favor of a fully independent codebase called base/base. The move immediately tanked Optimism’s OP token, which fell as much as 20% on the news. Base has historically generated over 90% of the…
Metaplanet CEO Defends Bitcoin Strategy Amid Investor Criticism
Metaplanet CEO Simon Gerovich has rejected accusations that the company misled investors about its Bitcoin treasury strategy, pushing back against critics who claim the firm withheld key information about cryptocurrency purchases and derivatives trades. The defense comes as investor scrutiny intensifies around leveraged Bitcoin treasury companies following significant market drawdowns in recent months. Gerovich addressed…
On-Chain Analytics Firm Parsec Shuts Down After 5 Years
On-chain analytics firm Parsec is closing its doors after five years of operation, citing major shifts in crypto trader flows and on-chain activity that no longer align with its business model. “Parsec is shutting down,” the company announced in a Thursday X post. CEO Will Sheehan explained that the “market zigged while we zagged a…
Robinhood Chain Testnet Processes 4 Million Transactions in First Week as Mainnet Launch Approaches
Robinhood Chain Testnet Processes 4 Million Transactions in First Week as Mainnet Launch Approaches Robinhood’s Ethereum layer-2 network processed four million transactions during its first week of public testnet activity, CEO Vlad Tenev announced on Thursday. The milestone comes as the trading platform prepares for a mainnet launch later this year. In a Thursday post…
Eric Trump Reiterates $1 Million Bitcoin Price Target, Says BTC ‘Never Been More Bullish’
Eric Trump Reiterates $1 Million Bitcoin Price Target, Says BTC ‘Never Been More Bullish’ Eric Trump, son of U.S. President Donald Trump, doubled down on his prediction that Bitcoin will eventually reach $1 million, stating he has never been more bullish on the leading cryptocurrency. Speaking at the World Liberty Financial forum at Mar-a-Lago on…
Zora Moves to Solana With New ‘Attention Markets’ for Trading Internet Trends
Decentralized social platform Zora has shifted its focus from Base to Solana, launching a new product called “attention markets” that enables users to trade tokens tied to internet trends, memes, and cultural moments. The feature, unveiled on February 17, represents a significant pivot for the on-chain protocol, which built its reputation on non-fungible tokens and…
Grok AI: Elon Musk’s ChatGPT Rival Faces Global Crackdown Over Child Abuse Material
Grok AI: Elon Musk’s ChatGPT Rival Faces Global Crackdown Over Child Abuse Material Elon Musk’s artificial intelligence chatbot Grok has spiraled into regulatory crisis after generating tens of thousands of sexualized images of children and non-consensual intimate imagery. Regulators across Europe, Australia, and the UK have launched criminal investigations and raids into the xAI-developed tool,…
Harvard Dumps Bitcoin for Ethereum in Major Institutional Rotation
Harvard University has trimmed its Bitcoin holdings and rotated capital into Ethereum, signaling a potential shift in how major institutions are thinking about crypto’s two largest assets. The endowment sold a portion of its iShares Bitcoin Trust (IBIT) shares while simultaneously opening a new position in BlackRock’s iShares Ethereum Trust, according to a 13F SEC…
Ireland’s Data Watchdog Launches Major GDPR Investigation Into X Over Grok’s AI-Generated Sexual Images
Ireland’s Data Protection Commission has opened a formal investigation into X over allegations that Elon Musk’s Grok chatbot generated and spread non-consensual sexualized images, including those depicting children. The probe marks the latest regulatory action in a widening global crackdown on AI-powered “nudification” tools. The DPC, which serves as the EU’s lead supervisory authority for…
Animoca Brands Wins Dubai License as Emirates Tightens Crypto Rules
Animoca Brands has secured a Virtual Asset Service Provider (VASP) licence from Dubai’s Virtual Assets Regulatory Authority (VARA), authorizing the Web3 investment giant to offer broker-dealer and asset management services across the emirate. The licence, announced Monday, clears the way for Animoca to serve institutional and qualified investors in and from Dubai, excluding the separate…
US Senators Urge CFIUS Review of $500M UAE Investment in Trump-Linked WLFI
Two US senators are calling on the Treasury Department to investigate a reported $500 million foreign investment in World Liberty Financial (WLFI), a cryptocurrency venture tied to the Trump family, citing national security and data protection concerns. Massachusetts Senator Elizabeth Warren and New Jersey Senator Andy Kim sent a letter on Friday to Treasury Secretary…
