CAR Crypto Push Deepened Elite Control, Exposed State to Crime: Report

The Central African Republic’s push into crypto has deepened elite control and exposed the country to “foreign criminal organizations,” according to a recent report by the Global Initiative Against Transnational Organized Crime (GI-TOC). In the report titled “Behind the blockchain: Cryptocurrency and criminal capture in the Central African Republic,” researchers claimed that the CAR’s crypto…

Hut 8 Lands Google-Backed $7B AI Data Center Lease

Bitcoin mining company Hut 8 signed a 15-year, $7 billion lease to deliver 245 megawatts of artificial intelligence data center capacity at its River Bend campus in Louisiana, marking one of the biggest infrastructure agreements between a crypto-native company and hyperscale AI demand.  Hut 8 announced on Wednesday that infrastructure provider Fluidstack will lease the…

Bitcoin Must Hold $81.5K Support Amid Increased Whale Selling

Bitcoin’s (BTC) market is at a “crucial moment” after breaking key long-term support levels, coinciding with large BTC transfers from a digital asset treasury company to a major exchange. Key takeaways: Bitcoin risks plunging into a bear market if it breaks below the True Market Mean at $81,500. Two wallets linked to Matrixport transferred 4,000…

Bitcoin extends downtrend as risk appetite remains muted

The crypto market slipped overnight, with bitcoin BTC$86,921.82 dropping 1.5% from the high it hit in the early hours of Wednesday. The broader market followed suit. The CoinDesk 20 (CD20) fell 1.6% since midnight UTC with all members of the index declining. Bitcoin’s sell-off after failing to break above $94,700 last week has extended a…

Hyperliquid Validators Vote to Exclude Inaccessible HYPE From Supply

The Hyper Foundation proposed a validator vote to formally recognize HYPE tokens held in the Hyperliquid protocol’s Assistance Fund system address as permanently inaccessible, excluding them from the asset’s circulating and total supply.  According to the foundation, the Assistance Fund is a protocol-level mechanism embedded in the layer-1 network’s execution. It automatically converts trading fees…

Hyperliquid Validators Vote to Exclude Inaccessible HYPE From Supply

The Hyper Foundation proposed a validator vote to formally recognize HYPE tokens held in the Hyperliquid protocol’s Assistance Fund system address as permanently inaccessible, excluding them from the asset’s circulating and total supply.  According to the foundation, the Assistance Fund is a protocol-level mechanism embedded in the layer-1 network’s execution. It automatically converts trading fees…

Buterin Proposes Onchain Solution to X’s Centralized Control

Ethereum co-founder Vitalik Buterin is calling for social media platforms to use cryptography and blockchain tools to make their content-ranking systems more transparent and verifiable. In a Monday X post, Buterin argued that X should use zero-knowledge proofs (ZK-proofs) and blockchain to prove the fairness of the algorithm that determines the reach of content on…

SEC Lawsuit Puts Shima Capital’s Future in Question After Wind-Down Email

Screenshots of an internal email outlining plans to wind down Shima Capital have surfaced online, days after the US Securities and Exchange Commission sued the crypto venture firm and its founder over allegations of investor fraud. On Nov. 25, the SEC charged Shima Capital Management LLC and its founder, Yida Gao, with making false and…

Bitcoin Sub 50K Possible if Quantum Security Fix Not Deployed by 2028

Charles Edwards, the founder of quantitative Bitcoin and digital asset fund Capriole, warns that Bitcoin could head well under $50,000 if it isn’t quantum-resistant by 2028. Quantum computing’s potential threat to the crypto industry has long been debated and is considered an upcoming inflection point. More advanced computers that could break encryption have been theorized…

3 Data Signals Show XRP Demand Collapse in December

XRP (XRP) is facing renewed downside pressure as derivatives activity and onchain positioning continue to weaken across December. These signals point to a market still in risk-off mode, even as price hovers near a key technical support around $2.00. Key takeaways: XRP futures taker buy volume on Binance has decreased by 95.7% since July, indicating…