News
11 Aug 2025, 19:09
Blue Origin’s Acceptance of Bitcoin and Ethereum: A Potential Shift in Space Tourism Payments
Blue Origin’s acceptance of Bitcoin, Ethereum, and USDT for space tourism is a groundbreaking move that enhances the accessibility of space travel for crypto enthusiasts. Customers can now secure their
11 Aug 2025, 19:05
XRPL Labs Founder Sends Critical Warning to XRP Holders
Wietse Wind, founder of XRPL Labs and the mind behind the Xaman (formerly XUMM) wallet, has issued a direct and urgent warning to the XRP community . In a strongly worded post on X, Wind cautioned users about a surge in fraudulent emails and messages claiming service “interruptions” or promoting a so-called “Xaman desktop client.” He stressed that these claims are entirely false and part of a coordinated scam aimed at stealing user funds. The Anatomy of the Scam According to recent community reports, these scams take multiple forms. Victims are being targeted through phishing emails, fake social media accounts, and direct messages that mimic official XRPL Labs communication. Warning!! DANGER!! Scammers are sending emails about interruptions & Xaman desktop clients THIS IS FAKE! THIS IS SCAM! THEY TRY TO STEAL YOUR FUNDS! There are no interruptions. THERE IS NO DESKTOP CLIENT. WE DO NOT SEND EMAILS Only trust our App & our support in the app pic.twitter.com/kw2ZlvgNTY — WietseWind ( @ Xaman®, XRPL & Xahau) (@WietseWind) August 11, 2025 The attackers typically direct users to malicious links or prompt them to install bogus “desktop” applications or browser extensions. In some cases, they attempt to lure users into revealing their secret keys or recovery phrases, which can result in the complete loss of funds. These scams are not limited to fake applications alone. There has been an uptick in fraudulent tokens and counterfeit web wallets using the Xaman or XRPL name to gain credibility. Once trust is established, the scammers move quickly to compromise accounts and drain holdings. XRPL Labs’ Official Position XRPL Labs has repeatedly clarified that there is no official desktop client or browser extension for Xaman. This is a deliberate design choice — signing transactions on desktop or browser environments carries significantly higher security risks. The official Xaman wallet is available exclusively as a mobile application, with support provided directly within the app itself. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The company has also stressed that it does not send unsolicited emails to users. Any communication claiming to be from XRPL Labs that arrives outside official in-app support should be treated as highly suspicious. For verified help, users should use only the official Xaman app and refer to XRPL Labs’ published list of legitimate channels. Protecting Your XRP Wind’s message serves as a reminder that in the world of crypto, security starts with the user. The safest course of action is to ignore and report any unsolicited messages or emails, avoid clicking unknown links, and never share private keys or recovery phrases. Even seemingly urgent warnings about “service interruptions” should be verified directly in the Xaman app before taking any action. If you encounter suspicious activity — such as impersonation accounts, phishing links, or fake tokens — report them immediately to the relevant platform and XRPL Labs’ official support. A Timely Warning for the XRP Community With XRP adoption continuing to grow, opportunistic scams will only become more sophisticated. Wietse Wind’s warning is a timely call for vigilance. By sticking strictly to official channels and refusing to engage with out-of-band communications, XRP holders can stay one step ahead of attackers and keep their assets safe. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRPL Labs Founder Sends Critical Warning to XRP Holders appeared first on Times Tabloid .
11 Aug 2025, 19:05
Rumble Northern Data Acquisition: Strategic Deal Expands Cloud Computing Power
BitcoinWorld Rumble Northern Data Acquisition: Strategic Deal Expands Cloud Computing Power Get ready for a significant shake-up in the tech world! The proposed Rumble Northern Data acquisition is set to redefine cloud computing and digital infrastructure. This exciting all-stock deal brings together two major players, promising a powerful new entity in the digital landscape. What Does the Rumble Northern Data Acquisition Entail? Rumble (RUM) has announced its ambitious plan to acquire cloud computing giant Northern Data through an all-stock transaction. This strategic move involves an offer of 2.319 Rumble shares for each Northern Data share. Upon completion, Northern Data’s current shareholders will own approximately one-third of the newly combined company. This integration aims to significantly bolster Rumble’s infrastructure capabilities. It represents a bold step towards expanding their presence in the high-demand cloud services sector. The deal structure ensures a seamless transition for both companies involved. The Strategic Power of GPU Data Centers A key driver behind this merger is Northern Data’s impressive GPU operations. The acquisition will bring over 20,000 Nvidia H100 GPUs into Rumble’s fold. Furthermore, the deal includes five large-scale data centers, boasting a substantial capacity of up to 850 MW. These GPU data centers are critical assets for high-performance computing, AI development, and advanced cloud services. This expansion positions the combined entity strongly for future growth in demanding tech sectors. Indeed, access to such powerful infrastructure is a significant competitive advantage. How Does the Tether Rumble Deal Impact the Acquisition? Tether, a major player in the cryptocurrency space, plays a pivotal role in this transaction. Tether currently holds a significant 54% stake in Northern Data. Notably, Tether had previously invested a substantial $775 million in Rumble. CoinDesk reported that Tether fully supports the proposed deal and will convert its Northern Data shares into Rumble shares. This endorsement from Tether underscores confidence in the potential of the combined entity and the strategic implications of the Tether Rumble deal . It highlights a strong vote of confidence from a key investor. Unlocking Potential: The Future of This Cloud Computing Merger This ambitious cloud computing merger is poised to unlock significant synergies. The combined expertise and resources will allow the new entity to offer a broader range of high-performance cloud services. It positions them as a formidable competitor in the rapidly evolving cloud infrastructure market, especially in areas requiring intensive computational power. This strategic consolidation could lead to enhanced innovation and expanded service offerings for a diverse client base. Ultimately, the merger aims to create a more robust and versatile digital platform. The outlook for this combined entity appears promising, solidifying its market position. What are the Key Benefits of This Rumble Stock Deal? Vastly Expanded GPU Capacity: Access to over 20,000 Nvidia H100s for AI and high-performance computing. Increased Data Center Footprint: Five large data centers with up to 850 MW capacity. Diversified Service Offerings: Broader range of cloud and digital infrastructure services. Strong Financial Backing: Strategic alignment and continued support from Tether for the Rumble stock deal . Enhanced Competitive Edge: Stronger position in the AI, cloud, and digital media markets. Are There Any Challenges Ahead? Integration Complexities: Merging two large operations can present operational and cultural hurdles. Regulatory Approvals: Navigating various regulatory processes for a deal of this magnitude. Market Reception: Ensuring a positive reception from investors and the broader market. Seamless Transition: Managing the shift for employees and clients without disruption. The Rumble Northern Data acquisition represents a bold move in the digital infrastructure arena. By integrating Northern Data’s robust cloud and GPU capabilities with Rumble’s existing platform, this merger aims to create a powerful new force. Supported by Tether’s significant investment, this strategic union promises to reshape the landscape of high-performance computing and cloud services, paving the way for exciting advancements. Frequently Asked Questions (FAQs) Q1: What is the core of the Rumble Northern Data acquisition? A1: The core involves Rumble acquiring Northern Data in an all-stock deal, aiming to combine Northern Data’s cloud computing and GPU operations with Rumble’s platform. Q2: How many shares is Rumble offering for Northern Data? A2: Rumble is offering 2.319 shares of Rumble for each Northern Data share. Q3: What specific assets does Northern Data bring to Rumble? A3: Northern Data brings over 20,000 Nvidia H100 GPUs and five data centers with up to 850 MW capacity. Q4: What is Tether’s role in this deal? A4: Tether, which owns 54% of Northern Data and previously invested in Rumble, supports the deal and will swap its Northern Data stake for Rumble shares. Q5: What are the potential benefits of this cloud computing merger? A5: Benefits include expanded GPU capacity, increased data center footprint, diversified service offerings, strong financial backing, and an enhanced competitive edge in AI and cloud services. What are your thoughts on this monumental tech merger? Share your insights and spread the word about the Rumble Northern Data acquisition by sharing this article on your social media channels! To learn more about the latest cloud computing trends, explore our article on key developments shaping digital infrastructure expansion . This post Rumble Northern Data Acquisition: Strategic Deal Expands Cloud Computing Power first appeared on BitcoinWorld and is written by Editorial Team
11 Aug 2025, 19:01
Ethereum Approaches New Highs Amid Rising Demand in Japan and South Korea
Ethereum (ETH) has reached record highs in Japan and South Korea, driven by strong corporate accumulation and rising demand, trading near $4,300. ETH’s price surged to ¥639,455 in Japan and
11 Aug 2025, 19:00
Ethereum smashes local highs in Japan, Korea – Is a move to $4,500 next?
With local all-time highs in these nations, Ethereum has nowhere to go but up.
11 Aug 2025, 19:00
Abraxas Capital Faces $119M Loss On Crypto Short: BTC Liquidation Price Sits At $153K
The crypto market is heating up, with Bitcoin testing a critical resistance zone just below its all-time high and Ethereum surging past the $4,300 mark to reach multi-year highs. This renewed strength is fueling optimism across the sector, with some analysts calling for the long-awaited altseason as bullish structures take shape in many altcoins. The combination of major assets pushing higher and growing institutional activity is creating a charged atmosphere, setting the stage for what could be a significant market move in the coming weeks. However, not everyone is convinced the rally will be sustained. Some major players are positioning for a downturn, betting against the market’s momentum. Arkham Intelligence, a blockchain analytics firm known for unmasking the people and companies behind blockchain wallets and transactions, revealed that Abraxas Capital — a large fund with substantial crypto exposure — is currently down over $100 million while shorting the market. The battle between bullish momentum and bearish positioning is intensifying, and with Bitcoin, Ethereum, and key altcoins approaching critical levels, the next moves could determine whether the market breaks into a full-blown altseason or faces another round of consolidation. Abraxas Capital’s Massive Short Position Raises Market Tension Arkham Intelligence has revealed that Abraxas Capital’s account, identified as 0x5b5, is currently shorting over $750 million worth of cryptocurrency and facing a $119.2 million unrealized loss. The fund’s Bitcoin liquidation price stands at $153,429 — a level that, if reached, could trigger a significant cascade of liquidations in the market. In addition to its large short position, Abraxas Capital also holds over $573 million in ETH and $69.4 million in HYPE. These positions are delta-positive and delta-neutral, respectively, suggesting a complex trading strategy. They may be farming funding rates on Hyperliquid, taking advantage of perpetual futures market dynamics. It is also possible that Abraxas has additional positions on Binance or other centralized exchanges that are not visible on-chain, adding another layer of uncertainty to their overall exposure. While some analysts believe this is a hedge strategy, others warn that such concentrated short exposure could backfire if market momentum accelerates. A sharp rally could force large short players, including Abraxas, to close positions rapidly — triggering a short squeeze that adds fuel to price gains. With BTC hovering just below $123K and ETH above $4,200, both nearing all-time highs, the coming weeks could determine whether Abraxas’s strategy pays off — or becomes a major bullish catalyst for the entire crypto market. Total Crypto Market Cap Nearing Breakout The total cryptocurrency market cap is showing strong bullish momentum, currently at $3.98 trillion, just shy of the $4 trillion mark and just below all-time highs. The chart displays a clear uptrend, with higher highs and higher lows forming consistently since the May rebound. The 50-day moving average (3.21T) is trending sharply upward and remains well above the 100-day (3.14T) and 200-day (2.64T) moving averages, confirming a strong long-term bullish structure. Price action has also been supported by rising volume, a sign of healthy market participation as capital flows into digital assets. If the market cap breaks convincingly above the $4 trillion psychological barrier, it could trigger further momentum and potentially set new records. This breakout would likely be fueled by Bitcoin and Ethereum’s strength, combined with renewed interest in altcoins as traders position for a possible altseason. Featured image from Dall-E, chart from TradingView