Crypto News
Altcoins Including Ethereum, Dogecoin Slip as Market Cools Off
Hedera and Hyperliquid led losses among the top 20 as altcoins entered a “cooling off period” after overbought signals, Decrypt was told.Source link
Mawson CEO Fired for Cause Amid Accusations of Fraud and Misconduct
Bitcoin mining and colocation provider Mawson Infrastructure has terminated its CEO and President, Rahul Mewawalla, for cause, accusing him of breaching fiduciary duties and committing fraud. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. The fallout comes justSource link
Bitfarms (BITF) Launches Major Share Buyback Initiative
Bitfarms Ltd. has announced a share buyback program, authorizing the purchase of up to 10% of its public float to enhance shareholder value, according to GlobeNewswire. (Read More)Source link
Conflux Launches Offshore Yuan-Backed Stablecoin for Countries in China’s Belt and Road Initiative
Conflux, a Chinese blockchain platform, has announced the launch of a new offshore yuan-backed stablecoin during its Conflux 3.0 network upgrade event in Shanghai. This stablecoin, pegged 1:1 to the offshore Chinese yuan, aims to facilitate cross-border payments, particularly for countries involved in China’s Belt and Road Initiative. Conflux has partnered with fintech firm AnchorxSource link
Cryptojacking Resurfaces As Monero Miner Malware Hits 3,500+ Sites: Report
A quiet wave of browser-based crypto miners is spreading across the web, repurposing compromised sites from older attacks.Source link