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China Issues Online Finance Marketing Rules Banning Virtual Currency Promotion
China's central bank and seven other departments issued online financial marketing measures that ban promotion of illegal financial activities, including virtual currency issuance and trading. The measures will take effect on September 30, 2026. Only financial institutions and legally authorized
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Israel Sets Iran Energy and Infrastructure as Potential Strike Targets
Israel's defense minister outlined potential targets inside Iran, including energy and infrastructure, signaling plans for large-scale strikes to inflict economic damage if hostilities resume.
Abstract: Channel 12 reports that Israel's defense minister identified potential targets inside Iran—energy and infrastructure—and suggested large-scale strikes could be used to cause substantial economic damage if hostilities resume.
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Nasdaq 100 Extends Gain to 1.5%
The Nasdaq 100 Index extended its gain to 1.5%. Gate data was the cited source for the move.
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Bitmine Agrees to Buy 10,000 ETH From Ethereum Foundation for $23.9M
Bitmine Immersion Technologies buys 10,000 ETH from the Ethereum Foundation in an OTC deal worth $23.9M; proceeds fund protocol research, ecosystem development, and grants. Bitmine says it added 100,000+ ETH last week, totaling 4.97M.
Abstract: Bitmine Immersion Technologies announced an over‑the‑counter purchase of 10,000 ETH from the Ethereum Foundation for $23.9 million, with the proceeds directed toward protocol research, ecosystem development, and grants. The company also reported acquiring more than 100,000 ETH in the previous week, bringing its total holdings to about 4.97 million ETH.
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ETH-0,37%
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250M USDC Minted
Whale Alert reported that 250 million USDC was minted at the USDC Treasury.
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Michigan Man Loses $37,000 in Scam Involving Fake JPMorgan Representative and Bitcoin ATM
Michigan man Steven Cooke lost $37,000 to scammers posing as tech support and a JPMorgan Chase rep who urged cash deposits at a Bitcoin ATM; the scam began March 20 and led to withdrawals.
Abstract: This report outlines a fraud scheme where impostors posing as tech support and a bank official pressured the victim to deposit cash at a Bitcoin ATM, tracing the March 20 start and the ensuing withdrawal requests.
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BTC-0,43%
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Wedbush Sees Apple Stock at $350 After John Ternus CEO Transition
Wedbush Securities set a $350 price target on Apple after Tim Cook said John Ternus will become CEO on September 1, 2026. Tim Cook said he will move to Executive Chairman.
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Project Eleven Awards 1 BTC Prize for 15-Bit Quantum ECC Break
Project Eleven awarded its 1 BTC Q-Day Prize to independent researcher Giancarlo Lelli after he broke a 15-bit elliptic curve key on publicly accessible quantum hardware. Project Eleven said the result was the largest public demonstration to date of an attack class that could one day threaten
BTC-0,43%
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Nvidia Intraday Gain Reaches 5%
Gate data showed Nvidia shares rose 5% intraday.
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US Says Iran Port Blockade Will Continue as Navy Turns Back 34 Ships
U.S. Defense Secretary Pete Hegseth said the U.S. Navy's blockade of Iranian ports will continue and has already turned back 34 ships. Hegseth said an aircraft carrier will join the operation within a few days and that the U.S. military seized two vessels from Iran's "shadow fleet" in the Indian
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Kelp-Aave Recovery Effort Recovers 73,700 ETH After Exploit
The Kelp-Aave recovery effort has filled 73,700 ETH of the 163,200 ETH gap left by the April 18 exploit. Confirmed public commitments total 43,500 ETH, leaving about 89,500 ETH still uncovered. Mantle proposed a loan of up to 30,000 ETH to Aave DAO to resolve rsETH bad debt on Aave
ETH-0,37%
AAVE0,3%
MNT0,68%
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Ethereum Foundation Sells 10,000 ETH to BitMine in OTC Deal
Ethereum Foundation sold 10,000 ETH to BitMine in an OTC deal at an average price of $2,387. Ethereum Foundation said the proceeds will support core operations, including protocol development, ecosystem growth, and community grants. Ethereum Foundation described the sale as part of its ongoing
ETH-0,37%
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DOJ Drops Powell Probe, Clearing Warsh Confirmation Path
The DOJ dropped its criminal investigation of Federal Reserve Chair Jerome Powell on Friday, removing a block on Kevin Warsh's confirmation before Powell's term ends May 15. The probe focused on Powell's June 2025 testimony
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Ethereum Foundation Sells 10,000 ETH to bitmine
The Ethereum Foundation sold 10,000 ETH to bitmine in an OTC deal today at an average price of $2,387.
ETH-0,37%
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India Pilots E-Rupee for Welfare Payments
India pilots e-rupee to streamline welfare spending, curb subsidy fraud, and develop CBDC use cases under RBI testing.
Abstract: This note outlines India's e-rupee pilot in a portion of its roughly $80 billion welfare spending, aimed at widening CBDC adoption. The RBI tests a payment channel to reduce subsidy fraud and to showcase practical, real-world use cases for the digital currency.
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India Routes Welfare Payments Through E-Rupee in 10 Pilots Ahead of BRICS CBDC Push
India channels parts of its $80B welfare through 10 e-rupee pilots, with a Gujarat program targeting 7.5 million subsidized-food households by June to sharpen CBDC usage and momentum.
India is using e-rupee pilots to convert a large welfare program into a practical CBDC use case. The Gujarat scheme targets about 7.5 million subsidized-food households by June, illustrating an effort to accelerate adoption and demonstrate tangible benefits.
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Iran VP Threatens Harsher Response to Any Attack on Energy Facilities
Iranian Vice President Ismail Saghab Isfahani said Iran would retaliate forcefully if its energy facilities were attacked. Ismail Saghab Isfahani said any future response would go beyond a proportional exchange and could include targeting the aggressor nation's oil fields if an Iranian oil well were
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Jane Street Seeks Dismissal of Terra Insider-Trading Suit Tied to $40B Collapse
Jane Street seeks dismissal of an insider-trading suit over Terra’s collapse, saying its 85 million UST sale came 10 minutes after the information went public and that it began shorting UST and LUNA on May 8 before rescue details surfaced.
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LUNA4,63%
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ECB signs deals with 3 standards bodies for digital euro payments
ECB signs agreements with three European standards bodies to reuse open payment standards for the digital euro, aiming to cut integration costs for banks, merchants, and PSPs; a 12-month pilot with PSPs starts in H2 2027.
Abstract: The European Central Bank signed agreements with three European standards bodies to reuse open payment standards for digital euro transactions, aiming to reduce integration costs for banks, merchants, and payment service providers. It is also recruiting payment service providers for a 12-month pilot expected to start in the second half of 2027 to test the approach.
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