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U.S. Government Wallet Adds $332,000 Ether From Coinbase After DeFi Hack Seizure
The post U.S. Government Wallet Adds $332,000 Ether From Coinbase After DeFi Hack Seizure appeared on BitcoinEthereumNews.com. An on-chain wallet identified by blockchain analysts as controlled by the U.S. government received 76.56 ether, worth roughly $332,000, from cryptocurrency exchange Coinbase on 21 Aug. The transaction lifted the wallet’s balance to about 65,232 ether, valued at approximately $281 million at current market prices. Investigators tracking the address say the assets are tied to the April 2021 hack of Uranium Finance, a decentralized-exchange project that lost about $50 million. U.S. authorities seized $31 million linked to that breach in February 2025 and have since been consolidating the recovered tokens in government-held accounts. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz. Source: https://thedefiant.io/news/hacks/u-s-government-wallet-adds-332000-ether-coinbase-after-defi-hack-seizure-5784c1df
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Author: BitcoinEthereumNews
2025/08/21 15:35
4 Explosive Cryptos ChatGPT Says Could Go Parabolic This Year
If you’re tired of Wall Street analysts, mainstream investors, and major publications recycling the same big-name cryptos as the ‘must-haves’ for your portfolio, maybe it’s time to spice things up and try a fresh approach – one powered by AI. To put it to the test, we asked ChatGPT for its top picks for the […]
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Author: Bitcoinist
2025/08/21 15:07
VeChain Gaining Momentum at Key Support Level Amid Strong Fundamentals
VeChain (VET) is showing signs of renewed strength, holding a crucial support level as its underlying fundamentals continue to improve. The project has recently demonstrated significant progress on several fronts, including a partnership with Wanchain to introduce a cross-chain bridge, connecting VeChainThor to over 40 other blockchains, including Bitcoin and Ethereum. This development is a … Continue reading "VeChain Gaining Momentum at Key Support Level Amid Strong Fundamentals" The post VeChain Gaining Momentum at Key Support Level Amid Strong Fundamentals appeared first on Cryptoknowmics-Crypto News and Media Platform.
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Author: Coinstats
2025/08/21 15:01
Tether hires Trump’s crypto advisor, but what does that mean for USDT?
How will Bo Hines’ arrival change the stablecoin’s U.S trajectory?
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Author: Coinstats
2025/08/21 15:00
Crypto Lobbyists Resist Banking Industry’s GENIUS Stablecoin Law Proposal
In the wake of the recent passage of the GENIUS Act, a new law regulating stablecoins, tensions have emerged between traditional banking associations and cryptocurrency advocacy groups. While the US banking associations representing all fifty states have raised alarms about potential vulnerabilities in the law, two crypto organizations, the Blockchain Association and the Crypto Council, […]
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Author: Bitcoinist
2025/08/21 15:00
India HSBC Services PMI increased to 65.6 in August from previous 60.5
The post India HSBC Services PMI increased to 65.6 in August from previous 60.5 appeared on BitcoinEthereumNews.com. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet. FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted. The author and FXStreet are not registered investment advisors and nothing in this article is intended…
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Author: BitcoinEthereumNews
2025/08/21 14:58
A Pivotal Move For Crypto Stability
The post A Pivotal Move For Crypto Stability appeared on BitcoinEthereumNews.com. The world of digital assets is constantly evolving, and regulatory frameworks are catching up. A significant development is unfolding in Asia, where a groundbreaking South Korean stablecoin bill has just been proposed. This legislative effort aims to bring much-needed clarity and stability to the rapidly growing stablecoin market, impacting both domestic and international players. What Does the South Korean Stablecoin Bill Propose? South Korean lawmaker Kim Hyun-jung of the ruling Democratic Party has put forward the nation’s first comprehensive bill specifically targeting stablecoins. This isn’t just a minor tweak; it’s a foundational step towards formal oversight for value-stabilized digital assets. The core idea is to foster healthy market growth while robustly protecting consumers. Minimum Capital Requirement: Issuers would need to hold at least 5 billion won (approximately $3.6 million) in capital. This significant barrier aims to ensure only serious, well-capitalized entities can operate. Sound Business Plan: Companies must present a clear, viable business strategy to the authorities. Qualified Staff & Facilities: Issuers need to demonstrate they have the necessary human resources and infrastructure to manage stablecoin operations effectively. FSC Approval: Obtaining approval from the Financial Services Commission (FSC) would become mandatory, bringing stablecoin issuance under strict regulatory scrutiny. Foreign Stablecoin Registration: Even stablecoins issued abroad would be required to register with the FSC before they can be distributed within South Korea. This provision extends the bill’s reach beyond national borders. Why is This Regulation Crucial for Stablecoins? You might wonder, why now? The push for this South Korean stablecoin bill stems from a clear desire to prevent financial instability and safeguard investors. Stablecoins, designed to maintain a consistent value, are vital bridges between traditional finance and the volatile crypto world. However, without proper oversight, they can pose risks, as seen in past market events. This proposed legislation reflects a global…
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Author: BitcoinEthereumNews
2025/08/21 14:56
Dogecoin Defies Challenges with a Resilient Surge
Dogecoin closed at $0.22 despite Qubic-related security risks. Large investors bought 680 million DOGE, offsetting smaller investors' sales. Continue Reading:Dogecoin Defies Challenges with a Resilient Surge The post Dogecoin Defies Challenges with a Resilient Surge appeared first on COINTURK NEWS.
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Author: Coinstats
2025/08/21 14:53
Top 7 Healthcare Blockchain Projects in 2025 — Why Lumera Health Is Far Ahead
The post Top 7 Healthcare Blockchain Projects in 2025 — Why Lumera Health Is Far Ahead appeared first on Coinpedia Fintech News The healthcare blockchain space has endured hype cycles, failed projects, and slow adoption. However, in 2025, Lumera Health is emerging as the true enterprise-ready game-changer. Let’s explore why it leads the pack, and how it stacks against the most relevant competitors this year. 1. Lumera Health (LUR Token) – Undisputed Leader CMC Verified & Just TGE’d: …
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Author: CoinPedia
2025/08/21 14:52
$7.4M Boosts AI Crypto Platform
The post $7.4M Boosts AI Crypto Platform appeared on BitcoinEthereumNews.com. Exciting news is rippling through the cryptocurrency world! Cointel funding has successfully closed a significant round, securing an impressive $7.4 million. This substantial investment marks a pivotal moment for the AI-powered platform, poised to transform how we approach crypto education, intelligence, and trading support. What is Cointel and Why Did it Attract Cointel Funding? Cointel is an innovative platform leveraging artificial intelligence to empower crypto enthusiasts and traders. It offers a comprehensive suite of tools designed to simplify the often-complex world of digital assets. Think of it as your smart guide in the crypto jungle. The platform focuses on three core pillars: Education: Making complex crypto concepts understandable for everyone. Intelligence: Providing actionable insights derived from market data. Trading Support: Offering tools to assist users in their trading decisions. This unique blend of services likely attracted significant investor interest, leading to this substantial Cointel funding. Who Backed This Significant Investment? The $7.4 million Cointel funding round saw strong participation from notable players in the Web3 space. The round was spearheaded by: Avalanche (AVAX): A prominent layer-one blockchain known for its speed and scalability. Their involvement underscores the belief in Cointel’s potential within the broader blockchain ecosystem. Sugafam: A dedicated Web3 firm, indicating a strategic alignment with Cointel’s mission to enhance the decentralized internet. The Daily Hodl reported on this crucial development, confirming the growing confidence in AI-driven solutions for the crypto market. What Will the Cointel Funding Achieve? With this fresh capital, Cointel is set to accelerate the development of its proprietary platform. This means users can anticipate a range of enhancements and new features. The goal is to make the platform even more robust, intuitive, and effective for its community. Specifically, the funds will likely be allocated towards: Technological advancements: Enhancing Cointel’s AI algorithms for more precise market analysis…
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Author: BitcoinEthereumNews
2025/08/21 14:50
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Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.
The US Solomon Islands (SOL) spot ETF saw a net inflow of $7.9852 million yesterday.
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Suspects involved in the BHE Exchange cryptocurrency scam, which is linked to a 900 million RMB fraud scheme, have been arrested in Thailand and will be extradited to China.
Step Finance and SolanaFloor Shut Down After Devastating Hack