North Korea reportedly arrested former military hackers accused of stealing from state banks and laundering the funds through crypto, though the claim remains unverified. The case underscores a familiar truth: the blockchain is only part of the trail — the real weakness is cashing out.
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Sberbank is set to launch regulated crypto trading and custody in Russia by December, giving qualified investors bank-run access while crypto payments stay banned. The move signals a tightly controlled push to fold Bitcoin and other assets into Russia’s financial system.
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CXMT perpetual futures are turning a hot Chinese pre-IPO name into a crypto tradable, giving offshore traders synthetic exposure without actual shares. It’s a flashy example of crypto rails expanding market access — and a reminder that leverage, gray zones, and regulators come bundled too.
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MiCA was meant to tidy up Europe’s crypto market, but the price of compliance may do something else entirely: push smaller firms into mergers, sales, or shutdowns while bigger players and banks scoop up the pieces. A cleaner market, yes — but also a more concentrated one.
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Bitcoin mining isn’t mostly hydropower yet. The cited 2025 data still puts natural gas in first place at 38.2%, while hydropower sits at 23.4% — though more than half of mining now comes from non-fossil sources, making the industry less dirty, not clean.
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The EU has added HTX to its latest Russia sanctions package, with transaction restrictions set to kick in on Aug. 23. The move puts crypto infrastructure squarely in the sanctions crosshairs, though the exact legal scope still needs the fine print.
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Cash App is cutting friction for Bitcoin buyers, dropping fees and spread on purchases over $2,000 and on recurring BTC tools like Auto Invest and Round Ups. Smaller buys still pay the usual tiered fees, but long-term stackers get a cleaner deal.
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Cambridge-linked research says Bitcoin mining’s annualized power demand hit 190 TWh, while hydropower has reportedly overtaken natural gas as the top energy source. Emissions still rose, though, proving cleaner doesn’t automatically mean smaller.
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U.S. investigators seized more than $25 million in crypto tied to fraud, even as Uniswap moved toward permissioned pools, Wise faced a regulatory reset, and Bitcoin and Ethereum sentiment stayed cautious. The day’s message: crypto is getting more compliant, more watched, and a lot less impressed by hype.
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BlueNoroff is reportedly using fake Zoom and Teams calls to do more than phish credentials — it profiles victims for crypto wallets first, then unleashes malware if the target looks worthwhile. The campaign blends hijacked Telegram accounts, fake updates, and wallet-scanning tricks into a slick, nasty setup.
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