The Bitcoin mining giant, BitRiver, has entered a critical phase following a Russian court’s decision to place its parent company under official supervision. This Monday, it was confirmed that the BitRiver bankruptcy in Russia is moving forward while its founder and CEO, Igor Runets, remains under house arrest for alleged tax evasion. The crisis for the company, which once controlled over 50% of the domestic mining market, was precipitated after the breach of an equipment supply contract. The lawsuit was filed by Infrastructure of Siberia, claiming more than 9.2 million dollars for advance payments on hardware that was never delivered…
Author: chloe
The company Ripple carried out the XRP begining February, releasing 1 billion tokens from its scheduled escrow system, amid a context of weakness for the asset. Despite the magnitude of the figure, the firm re-locked 700 million units, leaving a net supply of 300 million in the active market. This monthly release, valued at approximately 1.6 billion dollars, is part of a transparency strategy started in 2017 to manage the cryptocurrency circulation in a predictable way. However, the event coincided with a negative close in January, a month in which the token lost more than 10% of its market value,…
Aero is a protocol resulting from the merger of Aerodrome and Voledrome, and it will launch a MetaDEX in Q2 2026. To accompany this launch, the AERO token will be introduced to align multi-chain incentives. The company’s goal is to address the fragmented liquidity of existing DEXs.
Bitget Token (BGB) has begun trading on Kraken, expanding its reach in regulated markets. This move places BGB on a platform compliant with US regulations and offering institutional-grade security features.
Ethereum (ETH) is heading towards $2,800, below its support level and down about 22% of its value. The move has triggered targets measured in triangle patterns and intensified selling pressure in derivatives and spot flows.
Lido Finance deployed stVaults with its V3 update on the Ethereum mainnet, transforming the protocol into a modular staking infrastructure. The change aims to give developers, Layer 2 networks, and institutional participants greater control over validator selection, fee configuration, and risk parameters.
Andean Medjedovic, a 22-year-old math prodigy, disappeared from Serbian custody after being linked to a multimillion-dollar DeFi protocol hacking spree. Anas Hassan reports that the suspect, who allegedly defrauded Indexed Finance and KyberSwap, managed to evade international authorities once again just before being extradited to the Netherlands for trial.
The co-founder of Ethereum, Vitalik Buterin, announced today the withdrawal of 16,384 ETH, equivalent to approximately 43 million dollars, to directly fund Ethereum network development. Oliver Knight reports that this move aligns with a vision of “full-stack openness and verifiability” at a time when the Ethereum Foundation has entered a period of mild austerity due to recent market conditions.
The United States Department of Justice (DOJ) finalized the forfeiture of over 400 million dollars in digital assets linked to Bitcoin processing through Helix. Reports indicate that a final court order transferred ownership of the seized cryptocurrencies and property to the federal government, closing a landmark case initiated against Larry Harmon for money laundering and conspiracy.
Binance announced today that it will transform the assets of its Secure Asset Fund for Users, valued at 1 billion dollars, into Bitcoin over the next thirty days. Omkar Godbole reports that this strategic move aims to strengthen the Binance security fund using the market’s leading digital asset, progressively moving away from stablecoin-based reserves.
