Coinbase Launches Proof-of-Reserves for cbBTC


Cryptocurrency exchange Coinbase unveiled its proof-of-reserves page for cbBTC, the exchange’s wrapped version of bitcoin (BTC) that allows users to deposit bitcoin with Coinbase and send tokens that represent the deposited BTC to multiple blockchain networks such as Ethereum or Solana....

Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining


Russian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network congestion, equipment damage, and criminal investigations. Unauthorized Crypto Mining Results in Heavy Losses For Rosseti Russian electricity provider Rosseti...

Libra’s Hayden Davis Says He Sent Money to Javier Milei’s Sister


Reporting from Coindesk has revealed that Hayden Davis, CEO of Kelsier Ventures, one of the entities behind the embattled memecoin Libra, allegedly boasted about sending money to Karina Milei, Argentinian President Javier Milei’s sister, months before the token’s scandalous launch that netted...

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