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Alex Mashinsky forfeits rights to Celsius assets amid ongoing bankruptcy process

Alex Mashinsky forfeits rights to Celsius assets amid ongoing bankruptcy process

Alex Mashinsky, the former CEO of Celsius, has agreed to surrender all rights to assets tied to the collapsed crypto lender. According to newly filed court documents, Mashinsky and entities associated with him, including AM Ventures Holdings Inc., Koala1 LLC, and Koala3 LLC, will be excluded from any future distributions under the Celsius bankruptcy plan. The […]

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Coinbase makes history with EU-wide crypto license under MiCA

Coinbase makes history with EU-wide crypto license under MiCA

Coinbase, the largest US-based exchange, has taken a major step in its global expansion by securing approval under the European Union’s Markets in Crypto-Assets (MiCA) regulation, according to a June 20 statement. The exchange confirmed that Luxembourg’s financial watchdog, the Commission de Surveillance du Secteur Financier (CSSF), granted it the necessary license to operate across the

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Norway eyes crypto mining ban amid local firms’ heavy investments in Bitcoin

Norway eyes crypto mining ban amid local firms’ heavy investments in Bitcoin

Norway is reportedly planning to introduce a temporary ban on the development of new data centres linked to crypto mining, Reuters reported on June 20. According to the report, the government is expected to implement the restrictions before the end of the year, citing environmental and energy concerns. The government says the aim is to

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TikTok clashes with US congressman over alleged 0M TRUMP token bribe

TikTok clashes with US congressman over alleged $300M TRUMP token bribe

TikTok has publicly denied allegations that it bought $300 million worth of TRUMP memecoins to sway US President Donald Trump. The company addressed the claims on June 19 in a post on X, labeling the accusation “false and irresponsible” and aimed at misrepresenting its actions. The statement followed comments by US Congressman Brad Sherman, who

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Arizona revives bid for seized crypto reserve fund through House Bill 2324

Arizona revives bid for seized crypto reserve fund through House Bill 2324

Arizona lawmakers are revisiting a previously rejected bill that would allow the state to manage a reserve fund built from seized cryptocurrencies. House Bill 2324 failed in an earlier House vote but is back in motion following a narrow 16–14 Senate decision on June 19. This decision returns the bill to the Arizona House for

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Jupiter halts governance voting to tackle burnout and refocus on innovation

Jupiter halts governance voting to tackle burnout and refocus on innovation

Solana’s largest decentralized exchange aggregator, Jupiter, has decided to halt all community voting through next year and keep its governance Treasury sealed until 2027, citing community burnout and a need to prioritize building new products. The move temporarily disables one of the main utilities for Jupiter’s native token, JUP, which powers governance proposals and decisions

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X transforms into a finance hub but sidesteps crypto—for now

X transforms into a finance hub but sidesteps crypto—for now

X (formerly known as Twitter) is ramping up efforts to integrate financial services directly into its ecosystem and moving beyond its roots in social networking, the Financial Times reported on June 19. According to the report, the social media giant is preparing to let users carry out a wide range of financial transactions within the

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Trump family cuts stake in World Liberty Financial by 20%

Trump family cuts stake in World Liberty Financial by 20%

President Donald Trump’s family has reduced its stake in World Liberty Financial (WLFI) in the last couple of weeks, Forbes reported on June 20. DT Marks DEFI LLC, the Trump family’s main holding company for the project, has trimmed its ownership from 75% in December 2024 to about 60% by January and further down to

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Tether CEO Paolo Ardoino unveils PearPass as response to record 16 billion password leak

Tether CEO Paolo Ardoino unveils PearPass as response to record 16 billion password leak

Tether CEO Paolo Ardoino announced a new open-source password manager, PearPass, after an unprecedented 16 billion passwords were leaked in what experts now call the largest credential breach ever recorded. Ardoino wrote: “The cloud has failed us. Again. 16 billion passwords just leaked. It’s time to ditch the cloud.” He pledged that PearPass will work

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Open AI might kill us. Closed AI might enslave us. Choose your future.

Open AI might kill us. Closed AI might enslave us. Choose your future.

There’s a familiar discomfort creeping in again, something I felt in the early 2010s as I watched social media’s promises of connection and community unravel into mass manipulation. Facebook and propaganda bots were the first dominoes. Cambridge Analytica, Brexit, global elections, it all felt like a betrayal of the internet’s original dream. Now, in the

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