GoPro Founder Lends Company $20M After 99% Stock Collapse.
GoPro founder Nick Woodman has extended a $20 million personal loan to the embattled action camera company following a catastrophic 99% decline in its stock price from its peak valuation.…
EU Revives Chat Scanning Rules but Exempts Encrypted Messages.
The European Union has revived its proposal to scan private messages for child sexual abuse material while maintaining a clear exemption for end-to-end encrypted communications. The updated framework aims to…
PepsiCo Says Tight Consumer Budgets Are Slowing US and Beverage Demand.
PepsiCo has reported softening demand for its beverages and snacks in the United States, attributing the slowdown to tight consumer budgets and heightened price sensitivity amid persistent inflation pressures. The…
Bitcoin Climbs to $63,000 as Markets Shrug Off Iran Airstrikes.
Bitcoin has reclaimed the $63,000 level as global markets appeared to shrug off reports of Iranian airstrikes, demonstrating resilience amid renewed geopolitical tensions. The cryptocurrency’s recovery reflects sustained buying interest…
Bitmine Buys Another $70M in ETH as Treasury Nears 5% of Supply
Bitmine has added another $70 million in Ethereum to its corporate treasury, bringing its total holdings closer to 5% of the entire ETH supply. The latest purchase reinforces the company’s…
Satoshi Bitcoin Lawsuit Drops 44 Wallets After On-Chain Activity.
A major lawsuit seeking to claim ownership of significant early-mined Bitcoin has been amended to drop 44 wallets following recent on-chain movements. The development adds intrigue to one of the…
Kenya Moves to Deploy Blockchain Analytics Before Crypto Licensing Begins.
Kenya is advancing plans to implement blockchain analytics tools ahead of its formal cryptocurrency licensing regime, aiming to strengthen monitoring capabilities and combat illicit finance as the country prepares to…
Trump Defends Earning More Than $1bn On Crypto
President Donald Trump has strongly defended his reported earnings exceeding $1 billion from cryptocurrency ventures, calling the gains a legitimate outcome of successful business initiatives and strong market demand for…
CFTC Sues Crypto Pool Operator Over Alleged $14M Fraud.
The U.S. Commodity Futures Trading Commission has filed a lawsuit against a cryptocurrency pool operator accused of defrauding investors of approximately $14 million through misleading representations and misappropriation of funds.…
Russia Advances Crypto Bill After Dropping Wallet Address Disclosure Rule.
Russia has moved forward with its comprehensive cryptocurrency legislation after removing a controversial provision that would have required mandatory disclosure of wallet addresses. The amendment eases concerns from the crypto…