El Salvador has increased its daily bitcoin purchases from 1 BTC to 1.6 BTC, adding 93.417 BTC to its holdings over the past two months.  Notably, the Central American nation, which became the first country to adopt Bitcoin as legal tender in 2021, now holds approximately 6,081 BTC, valued at around $579.9 million. No longer…

U.S. Customs seizes bitcoin mining machines under FCC orders amid rising trade tensions with China. ASIC miners face scrutiny over potential radio frequency violations and banned tech components. New Report Reveals ASIC Mining Machines Confiscated Under FCC Orders U.S. Customs and Border Protection (CBP) has been seizing bitcoin application-specific integrated circuit (ASIC) mining machines under…

Elon Musk warns that America is heading toward financial collapse due to extreme government spending. The Department of Government Efficiency (DOGE) is calling for public help to reduce waste and fraud. Learn how you can contribute. Musk Warns of America’s Financial Collapse The Department of Government Efficiency (DOGE) is calling on the public to help…

In recent developments, the Rosseti group [the company, which manages electricity distribution in Russia] reported significant losses due to illegal connections by "black" miners, totaling over 1.3 billion rubles in 2024.  Per Tass media local coverage, the most substantial losses were incurred by Rosseti North Caucasus, which faced damages exceeding 600 million rubles, followed by…

Jane Street has quietly acquired over 5% stakes in Coinbase, MicroStrategy, and Iris Energy, signaling rising institutional confidence in crypto investments. Jane Street Strengthens Crypto Holdings in Strategic Move Jane Street, a leading proprietary trading firm and liquidity provider, has discreetly acquired more than 5% ownership stakes in three major cryptocurrency-related companies Coinbase (COIN), MicroStrategy…

Adecoagro S.A. (NYSE: AGRO), a prominent sustainable production company in South America, announced on February 18, that its Board of Directors received an unsolicited non-binding acquisition proposal from Tether Investments S.A. de C.V.  The proposal, dated February 14, 2025, offers to acquire all outstanding common shares of Adecoagro at a price of $12.41 per share,…

Popular trading platform Robinhood plans to introduce crypto products to Singapore this year, subject to the completion of its acquisition of Bitstamp Cryptoexchange.  Robinhood, the app widely recognized by global traders, has pivoted into crypto in recent years. The Platform has looked to expand its hold on the sector by acquiring some crypto-focused startups like…

Argentine President Javier Milei stirred the hornet's nest with a recent interview where he attempted to explain his role in the $Libra memecoin debacle.  President Milei, an economist, used his official X page to promote information about a memecoin known as $Libra. The memecoin dumped a few hours after launch, wiping out $4 billion in…

GungHo rejects shareholder demands to adjust CEO compensation, despite declining profits and financial performance issues.