News

Base Token Crashes 88% Minutes After Surprise Proprietary Launch

Base Blockchain's surprise launch of a memecoin called "BASEISFOREVERYONE" crashed 88% within two minutes, then plummeted further by 94%.Coinbase and Base executives previously stated...

Bitcoin Miner Auradine Raises $153M to Expand into AI Data Centers

Bitcoin mining equipment maker Auradine secures $153 million in Series C funding, bringing its total investment to $300 million.The company launches AuraLinks AI, a...

Russia Mulls Own Stablecoin After Tether Freezes Garantex Wallets

Russian finance ministry official calls for development of domestic stablecoin following Tether's freezing of $27 million linked to sanctioned exchange Garantex.US Department of Justice...

Bhutan explores green cryptocurrency mining with hydropower to boost GDP

Bhutan plans to leverage its hydropower resources to develop green cryptocurrency, aiming to boost its economy and reduce youth emigration.The country's sovereign wealth fund...

A16z Urges SEC to Overhaul Digital Asset Safeguarding for Advisers

Andreessen Horowitz (a16z) has formally requested the SEC to overhaul digital asset custodial rules for registered investment advisers.The firm proposes that RIAs should be...

AI Startups Grab 58% of Global VC Funding in Q1 2025 as FOMO Surges

AI startups dominated global venture capital in Q1 2025, securing 57.9% of all funding compared to 28% in Q1 2024.OpenAI's massive $40 billion funding...

China Sells Seized Crypto Through Offshore Firms Despite Trading Ban

Chinese local authorities are selling confiscated cryptocurrency through offshore companies despite the country's trading ban, holding approximately 15,000 Bitcoins worth $1.4 billion by the...

Base Token on Zora Crashes 92% After Reaching $13M Valuation

Base's social media post on Zora automatically minted as an ERC-20 token, reaching a $13 million valuation before crashing 92% to $1 million.The incident...

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Alden: All Roads Lead to Debasement Despite Fed QE Semantics

Economist Lyn Alden predicts the Federal Reserve will engage in gradual money printing, stimulating scarce assets like Bitcoin.Market uncertainty...

Hong Kong’s Lee to speak at CoinDesk conference

Hong Kong’s top officials, including Chief Executive John KC Lee, will address the CoinDesk Consensus conference as the city...

Pudgy Penguins Hosts Valentine’s Pop-Up With Plush Bouquet in NYC

Pudgy Penguins is Hosting a Valentine's Day pop-up in New York City from February 12-14.The event features a sold-out...

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