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More than half of the mining equipment in Iran is controlled by official entities with ties to the government, especially the Islamic Revolutionary Guard Corps and its affiliates. They use "legitimate businesses" as a cover, but actually control the majority of Iran's cryptocurrency mining capacity.
Share link:In this post: Telegram shut down major crypto crime channels, including Huione and Xinbi Guarantee, disrupting billions in illegal trades. Over 30 new markets quickly replaced them, showing how fast these networks adapt and recover. Experts say crypto escrow markets will survive, moving to new platforms or tools like smart contracts.
Share link:In this post: XRP Ledger has launched Software Update 2.5.0, introducing major new features and bug fixes. Key features include batch transactions, token escrow, permissioned DEXs, and permission delegation. The update is a step toward making XRPL a stronger competitor to Ethereum and Solana in DeFi and enterprise blockchain.
Share link:In this post: Foreign direct investment in the US drops to $52.8 billion from $79.9 billion in the fourth quarter of 2024. The decline reflects business uncertainty over President Donald Trump’s tariff policies. However, the decline could be temporary as foreign companies start multibillion-dollar US projects.
Share link:In this post: Google has launched a new language model called Gemini Robotics On-Device. The model can run tasks locally on robots without the need for internet connectivity. The tech company claims that the model performs at a level close to the cloud-based Gemini Robotics model in benchmarks.
Share link:In this post: Oil prices rose as traders weighed a fragile ceasefire between Iran and Israel. Brent crude reached $67.99 a barrel, and WTI climbed to $65.24, near recent lows. Asian markets steadied, and the dollar dipped 0.1% to 144.70 against the Yen.
Share link:In this post: Jim Cramer believes DeepSeek no longer poses a threat to outpace tech giants in the artificial intelligence sector. He said investors who abandoned stocks in leading AI firms after DeepSeek’s launch are back. Cramer argued that the recovery of many AI stocks shows that fears about DeepSeek’s dominance are short-lived.
Share link:In this post: Arizona’s House of Representatives passed HB 2324, which would create a Bitcoin and Digital Assets Reserve Fund using seized crypto. The measure now awaits Governor Hobbs’s expected signature. Under the bill’s terms, seized assets above $300,000 will be split between the Attorney General, the state general fund, and the new reserve.