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The new location-visibility feature on X has sparked an immediate wave of racism, harassment, and doxxing across Crypto Twitter. The update has also raised serious safety concerns, with experts warning it could make crypto-targeted crime and kidnappings easier.Sponsored SponsoredX now has a new “About This Account” feature that displays the country or region linked to every user profile, marking one of the platform’s most significant shifts toward identity transparency. The update appears automatically on profile pages and cannot be disabled, giving audiences a clearer sense of where accounts are based. According to the company, the feature helps combat misinformation, reduce bot activity,…
Bitmain Technologies Ltd., the Chinese manufacturer behind most of the world’s Bitcoin mining machines, has been the focus of a federal investigation assessing whether its products pose national security risks, according to Bloomberg reporting. The inquiry, dubbed “Operation Red Sunset,” led by the Department of Homeland Security, reportedly examined whether the company’s machines could be remotely manipulated for espionage or sabotage of critical US infrastructure. Bitmain denies these capabilities, but investigators have reportedly tested its equipment at ports and dissected chips and code to assess potential threats. The company’s hardware has long attracted scrutiny. A 2017 Bitcoin Magazine report suggested…
Grayscale has said that Chainlink will be at the center of the next major phase of blockchain adoption, referring to the project as the “critical connective tissue” that links crypto to traditional finance. In a recent research report, the asset manager argued that Chainlink (LINK)’s growing suite of software tools is emerging as essential infrastructure for tokenization, crosschain settlement and the broader shift toward real-world assets on blockchain rails.“A more accurate description of Chainlink today would be modular middleware that lets on-chain applications safely use off-chain data, interact across blockchains, and meet enterprise-grade compliance needs,” Grayscale wrote. The company added…
In brief Businessman and investor Adam Weitsman remains a major NFT buyer, even with the market down substantially. He recently purchased a bundle of 229 Meebits, not long after buying 5,000 NFT assets from the Otherside metaverse game. Weitsman also acquired the CryptoDickbutts and HV-MTL NFT project IP this year, driving renewed development around both. The NFT market has fallen off sharply since the 2021-22 bull run, but at least one billionaire collector is still betting big on the tokenized assets.In one of the largest private NFT deals of the year, businessman and collector Adam Weitsman recently acquired 229 Meebits…
Bitcoin’s (BTC) price volatility has surged over the last two months, signaling a potential return to options-driven price action that sparks large market moves in both directions.Bitcoin’s implied volatility never broke past 80% after Bitcoin ETFs were approved in the United States, according to Jeff Park, a market analyst and advisor at investment firm Bitwise. However, a chart shared by Park shows that Bitcoin’s volatility is creeping back up to about 60 at the time of this writing. Historical BTC volatility levels show large spikes before Bitcoin exchange-traded funds were approved for US markets in 2024. Source: Jeff ParkPark cited…
The backlash against financial services company JP Morgan from the Bitcoin (BTC) community and supporters of BTC treasury company Strategy continued to swell on Sunday as calls to “boycott” JP Morgan grew.The anger from the Bitcoin community followed news that the MSCI, formerly Morgan Stanley Capital International, an index company that sets criteria for index inclusion, is likely to exclude crypto treasury companies from its indexes in January 2026. JP Morgan shared the MSCI news in a research note. “I just pulled $20 million from Chase and suing them for credit card malfeasance,” real estate investor and Bitcoin advocate Grant…
Demand has dried up, and BTC has fallen below its 365-day moving average. Could the market already be in bear season, or is this just a deep correction? Bitcoin (BTC) is currently experiencing its deepest correction in this bull cycle. Before recovering some ground to $87,000 as of press time, it had dumped below $81,000 after losing over 35% from its value since the all-time high in early October. Although the consensus remains that BTC and the broader crypto market still have one more rally to go (possibly in 2026) before the bull cycle ends, technical and fundamental metrics suggest…
A massive Ether treasury project led by China’s crypto elites amidst market rout. China’s prominent crypto figures have quietly shelved a high-profile effort to create a $500 million Ethereum Digital Asset Treasury (DAT) firm, halting the initiative after months of planning amid a deepening slump across global crypto markets. The project, which was spearheaded earlier this year by Huobi founder Leon Li Lin, HashKey Group chairman and CEO Xiao Feng, Meitu co-founder Mike Cai Wensheng, and Fenbushi Capital founder Bo Shen, had set out to raise half a billion dollars to build a DAT company dedicated to investing in ether,…
Digital asset treasuries (DATs) were among the most visible corporate phenomena of the last bull cycle. Built on the premise that holding bitcoin BTC$84,762.51 on the balance sheet was itself a value-generating strategy, many attracted strong market premiums simply by accumulating BTC faster than competitors. But as valuations normalize and net asset values (NAVs) tighten, DATs are discovering that passive exposure may no longer be enough.”There’s been this collective realization as NAVs start to squeeze,” Matt Luongo, co-founder and CEO of Bitcoin finance platform Mezo, told CoinDesk in an interview. “Most of them don’t actually have an edge over anyone…
XRP has fallen below the key $2 psychological support level as bearish pressure intensifies across the broader market. The altcoin’s decline has accelerated over the past week, prompting significant selling from major holders. This shift in behavior from large investors has amplified downward momentum and weakened XRP’s short-term outlook.Sponsored SponsoredXRP Whales Switch Their StanceWhales have moved decisively from accumulation to heavy selling. Addresses holding between 10 million and 100 million XRP have dumped more than 250 million tokens in the past 48 hours alone, worth over $480 million. This selling wave follows more than 20 consecutive days of accumulation by the…

