Alex Protocol Considers Treasury Grant Program to Reimburse Users After Bitcoin-Related Exploit

Alex Protocol, a Bitcoin-focused DeFi platform, has initiated a Treasury Grant Program to compensate users impacted by a recent $8 million exploit. The reimbursement plan offers a mix of original tokens and USDC, tailored to the specific assets lost during the June 6 attack. As highlighted by a community expert on COINOTAG, the vulnerability exploited … Read more

Illegal Mining and Policy Gaps Stall Malaysia’s Crypto Growth

Rampant electricity theft by illegal miners, inconsistent policies and a lack of legal clarity may deter Malaysia from tapping the potential of cryptocurrency mining, according to an industry report released by the Access Blockchain Association of Malaysia. The report predicts that Malaysia’s crypto mining market will grow 110.2% in 2025 — from $2.44 billion to … Read more

Trump’s ‘Big, Beautiful Bill’ Sparks Mexico-US Standoff

Trump’s big, beautiful bill, which proposes a 3.5% tax on remittances sent by immigrants to their home countries, has forced Mexico’s president, Claudia Sheinbaum, to take a stance against it. Sheinbaum vowed to mobilize against this and announced measures to render it ineffective. U.S.-Mexico Remittance Tax Standoff Ignites With Trump’s Big, Beautiful Bill Trump’s big, … Read more

Bitcoin Surges Past $107,410 Amid Macro Uncertainty

Bitcoin surged above $107,410 on Monday, despite underlying macroeconomic tensions and volatility driven by geopolitical and corporate developments. The cryptocurrency market broadly mirrored Bitcoin’s positive sentiment, with all of the top 20 cryptocurrencies by market cap gained, except a few. In the past 24 hours, Among the top gainers were Solana (SOL), Cardano (ADA), and … Read more

Tether (USDT) CEO Shares Valuation the Company Would Receive if It Were to Go Public: Unbelievable Figures

Tether CEO Paolo Ardoino stated that the company’s market value could reach $515 billion in the event of a possible IPO. That would make Tether the 19th largest company in the world, ahead of giants Costco and Coca-Cola. Ardoino acknowledged that the figure was impressive, but said the estimate was “a bit cautious” given Tether’s … Read more

Blockchain Group to raise $340M for Bitcoin treasury

Paris-based cryptocurrency firm The Blockchain Group plans to raise over $340 million worth of capital for its Bitcoin treasury, signaling continued institutional adoption of crypto in Europe. The Blockchain Group, which claims to be Europe’s first Bitcoin (BTC) treasury company, plans to raise 300 million euros, or around $342 million, to fund more BTC purchases, … Read more