Crypto News
South Korea Busts Hacking Syndicate After Multi-Million Dollar Crypto Losses
Seoul police have arrested 16 suspects who stole $28M from crypto and bank accounts, targeting BTS's Jungkook and wealthy Korean investors.Source link
Top Crypto Exchanges [August 2025] – Best Platforms for Bitcoin, Altcoins & Futures
The crypto bull market is no longer just brewing – it’s here. And the exchanges leading the charge are posting record-breaking volumes, launching new products, and expanding fast. As August 2025 wraps up, we break down which platforms are winning the market momentum. The Crypto Exchanges Dominating 2025 After a quiet first half of theSource link
Eric Trump Praises China’s Role in Bitcoin, Says U.S. and Beijing Are ‘Leading the Way’
HONG KONG — Eric Trump, executive vice president of the Trump Organization, praised China during a panel at BTC Asia in Hong Kong and said there is “no question” the country had “made an unbelievable mark on bitcoin and cryptocurrencies.”“There's no question that China is a hell of a power when it comes to this world and doing it, doing it well. By the way, I give the same credit to the Middle East. I mean, the Middle East has really embraced cryptocurrency in a massive way, and they are running and they are running fast in that endeavor,” the son of U.S. President Donald Trump said.Trump framed the U.S.–China dynamic as central to the future of digital finance, agreeing...
Paraguay to Launch $6 Million Equity Tokenization Project on Polkadot
The project will issue 130,000 equity tokens backed by $6 million for the Asunción Innovation Valley, a real‑estate development in Paraguay. The issuance is being managed by Better Use Blockchain, a tokenization platform built on Polkadot. Polkadot $6 Million Equity Tokenization Project Takes Paraguay by Storm Latin America is becoming a pioneer in tokenization projectsSource link
IREN Posts First Full-Year Profit on AI Cloud Growth, Mining Expansion; Shares Climb
Bitcoin (BTC) miner IREN (IREN) posted its first full-year profit as the company founded in 2018 expanded into AI cloud computing and ramped up production capacity with more efficient rigs. The stock climbed in pre-market trading.Net income in the year ended June 30 rose to $86.9 million from a loss of $28.9 million the year before, IREN said on its website on Thursday. Revenue more than doubled to a record $501 million as the Sydney-based company increased production capacity to 50 exahashes per second (EH/s). Adjusted earnings before interest, tax, depreciation and amortization (Ebitda) surged to $269.7 million, nearly five times last year’s level, With nearly 3 gigawatts of contracted power and expansion in both bitcoin mining and AI infrastructure,...