Author: Admin-aX9d7
Kuwaiti authorities are cracking down on illegal crypto mining, with over 60 individuals now under investigation, as part of a sweeping campaign to root out unlicensed operations.The country’s Public Prosecution confirmed the investigations are ongoing and warned that more suspects could be identified in the coming weeks. The “security operation,” carried out last Friday, targeted residential properties across the country suspected of hosting mining rigs, according to local media.The operation was coordinated by top officials, including Acting Prime Minister Sheikh Fahad Al-Yousef and Minister of Electricity Dr. Subaih Al-Mukhaizeem. The government said it aims to curb unauthorized power usage that…
Banking giant Morgan Stanley reportedly plans to list cryptocurrencies on its E*Trade investment brokerage and trading platform.According to a May 1 Bloomberg report, the firm intends to list crypto assets on E*Trade in 2026. The plan is still in early development, and the bank is said to be exploring partnerships with established crypto firms to power the service. Internal discussions about cryptocurrency support reportedly began in late 2024.E*Trade homepage. Source: E*TradeThis would not be Morgan Stanley’s first exposure to digital assets. The bank’s wealthiest clients have had access to crypto exchange-traded funds (ETFs) and futures for some time, with the…
Opinion by: Amitej Gajjala, co-founder and CEO of Kernel DAOThe restaking narrative has moved fast — from side conversations in validator circles to the forefront of DeFi infrastructure discussions.It’s not hard to see why. DefiLlama states that major liquid restaking protocols now hold over $12 billion in total value locked (TVL), with dozens of middleware services aligning their security with Ethereum’s economic base layer. What started as an idea to increase capital efficiency for validators has evolved into a serious attempt to redefine how security is provisioned across decentralized systems.While restaking is gaining momentum among crypto-native participants, institutions — the…
Amid the intensifying global race to tokenize real-world assets, the market is still too nascent for institutional adoption, according to Chris Yin, the co-founder and CEO of Galaxy-backed RWA platform Plume.Institutional capital is yet to enter the RWA market, and it will take some time for institutions to see its value, Yin told Cointelegraph on the sidelines of Token2049 in Dubai.“These things move incredibly slowly, you have to show value, you have to show adoption first,” Yin said, comparing RWA’s currently developing stages with the early days of Bitcoin (BTC) and stablecoins.“Only now, 10 years later, are they beginning to…
Morgan Stanley (MS) is planning to bring cryptocurrency trading to its E*Trade platform, marking the most serious move yet by a major U.S. bank to offer retail users direct access to cryptocurrencies.The initiative, still in early stages, could debut next year. The bank, Bloomberg reports, is weighing partnerships with crypto-native firms to help build out the infrastructure for spot trading.The effort would mark a notable expansion of the firm’s crypto offerings, which currently include exchange-traded funds (ETFs), options, and futures contracts tailored to its wealthier clients. Internal discussions reportedly picked up after Donald Trump’s return to the White House last…
Influencer Logan Paul should be allowed to continue a lawsuit accusing the YouTuber known as “Coffeezilla” of making defamatory remarks about Paul’s failed CryptoZoo project, a Texas magistrate judge said.In a March 26 report filed in a San Antonio federal court, Magistrate Judge Henry Bemporad recommended that federal Judge Orlando Garcia, overseeing the case, deny Stephen Findeisen’s bid to toss Paul’s lawsuit, as Findeisen presented his claims more akin to facts than “mere opinion.”“At the pleading stage, Plaintiff [Paul] has sufficiently alleged that the statements at issue in this case are reasonably capable of defamatory meaning and are not unactionable…
World, formerly Worldcoin, announced its expansion into the United States, launching operations in six major cities: San Francisco, Los Angeles, Atlanta, Austin, Miami, and Nashville. The initiative, led by Tools for Humanity and co-founded by Sam Altman, opened flagship retail locations where individuals can scan their irises using Orb devices to create a World ID, […]
OpenAI is set to launch an “open” version of its language model this year, allowing developers to run the model on their own hardware.In an update posted to X on March 31, OpenAI CEO Sam Altman said the artificial intelligence firm would release the powerful “new open-weight language model with reasoning” in the coming months but first wanted to gather feedback about “how to make it maximally useful.”“We’ve been thinking about this for a long time, but other priorities have taken precedence. Now it feels important to do,” he said, adding it was the first “open-weight” model since GPT-2 in…
The bitcoin-focused technology firm closed a $210 million funding round led by Fulgur Ventures last October and is now implementing key expansion initiatives. Strategic Shift: Blockstream Carves out Mining and Hardware Divisions Bitcoin infrastructure firm Blockstream has announced that it will spin out its mining and ASIC divisions, establishing them as independent companies as part […]
– Advertisement – The start of 2025 is off to a strong and strategic beginning, with top altcoins like XRP, Ethereum (ETH), and Kaspa (KAS) showing early momentum. Meanwhile, a rising contender MAGACOINFINANCE is quickly catching the eye of investors looking for breakout narratives in the months ahead. As institutional interest and smart money move into targeted assets, the spotlight is widening beyond legacy names. XRP and Ethereum Maintain Market Strength XRP is currently priced around $2.15, supported by a sharp uptick in trading volume and growing institutional interest. The launch of XRP futures ETFs in the U.S. has fueled…