News
12 Aug 2025, 06:12
XRP ETFs Outperform Ethereum ETFs as Legal Hurdles Clear
XRP ETFs might outperform Ethereum ETFs as legal hurdles clear. The SEC ended the XRP lawsuit, reducing market uncertainty. Continue Reading: XRP ETFs Outperform Ethereum ETFs as Legal Hurdles Clear The post XRP ETFs Outperform Ethereum ETFs as Legal Hurdles Clear appeared first on COINTURK NEWS .
12 Aug 2025, 06:11
A US-Based Company Announces Significant Investment in a Token That Is Not Even Among the Top 50 Altcoins
US-based Heritage Distilling Holding Company, Inc. announced the launch of a $360 million Story (IP) token reserve strategy under an agreement with the Story Foundation. The deal will be funded by a $220 million PIPE (Private Equity Investment in a Public Company) investment and will include $100 million in cash and $120 million in tokens. The company will purchase 52.5 million IP tokens, making IP its primary reserve asset. The $82 million raised from the PIPE financing will be used to purchase IP tokens from the Story Foundation at a fixed price of $3.40 per token. Related News: BREAKING: Coinbase Allegedly Invests in This Altcoin - Here are the Details The Story Foundation will invest all cash proceeds from the sale in open market repurchases of IP tokens within 90 days. Focusing on the $80 trillion intellectual property economy through its AI-based blockchain infrastructure, the Story Foundation aims to expand Heritage's network operations through this partnership. The deal is backed by a16z crypto, Polychain and other leading investors, while Cantor Fitzgerald & Co. and Roth Capital Partners are acting as financial advisors and placement agents. *This is not investment advice. Continue Reading: A US-Based Company Announces Significant Investment in a Token That Is Not Even Among the Top 50 Altcoins
12 Aug 2025, 06:10
Bitcoin price today: falls to $118.6k as caution builds ahead of CPI data
12 Aug 2025, 06:07
Bitcoin ‘ugly daily candle’ could signal drop below $117K: Trader
Bitcoin swiftly reversed direction this week after soaring expectations for new highs gave way to weakening price movement below $120,000, signaling the possibility of further declines.
12 Aug 2025, 06:03
Okalio Mining helps you easily earn SOL and XRP, achieving diversified digital asset returns!
With the growing popularity of digital asset investment, single-currency mining is no longer sufficient to meet the diverse income demands of users. To this end, Okalio Mining , a global cloud computing platform, has officially announced the addition of cloud mining services supporting Solana (SOL) and Ripple (XRP), providing users with more access to mainstream cryptocurrencies and stable returns. Following the successful launch of BTC and ETH cloud mining, this is another major upgrade to Okalio Mining’s computing power offerings. Multi-currency returns build a stable and growing asset portfolio Unlike traditional cloud mining platforms that only support Bitcoin, Okalio Mining’s newly added SOL and XRP cloud mining services allow users to leverage multiple assets with a low barrier to entry. Solana (SOL), a high-performance public blockchain, has been highly sought after by the DeFi and NFT ecosystems, with its mining rewards and potential for price growth attracting significant market attention. XRP (Ripple) boasts a global payment network foundation, fast transaction speeds, and strong liquidity, making it a popular long-term holding asset for many users. Users can flexibly configure mining contracts for BTC, ETH, SOL, XRP, and other cryptocurrencies on the same platform, achieving diversified returns, risk hedging, and daily visible asset growth. Sign up and receive cloud computing power to experience real-world on-chain mining. Okalio Mining is currently offering a sign-up bonus of $10 in computing power for new users to activate SOL, XRP, or BTC mining contracts. No deposit is required to get started; the platform will automatically allocate trial computing power, allowing users to participate in real-world block calculations and generate daily, traceable digital currency returns. This zero-entry offer allows users to truly experience the multi-currency mining process, verify the platform’s mechanisms and settlement transparency, and lay the foundation for future asset investment. No equipment or maintenance required, the system operates fully automatically. Unlike traditional mining, Okalio Mining users don’t need to purchase mining machines, build a computer room, or configure power supplies. Nor do they require any technical background. The platform’s globally distributed data centers and AI-powered scheduling system ensure efficient computing power, and mining results are automatically updated daily in user accounts. All contracts are settled daily, providing clear returns. Users can freely choose their contract period and computing power quota. One-click reinvestment, quick withdrawals, and a combination of mining configurations are supported. This truly enables “mining with your phone,” perfect for both casual users and long-term investors seeking to accumulate stable passive income. The platform operates legally and compliantly, with a comprehensive security system. Okalio Mining is a UK-registered company with over eight years of secure and stable operation since its establishment in 2017. It has extensive experience in operating global cloud computing power. The platform utilizes SSL encryption, hot and cold wallet separation, and two-factor authentication to fully safeguard user funds and data. All mining data on the platform supports on-chain verification, ensuring authentic returns and a transparent process. We resolutely eliminate fraudulent mining or profit fabrication. Trusted by users worldwide, a true multi-asset income channel Currently, Okalio Mining serves users from Europe, Southeast Asia, South America, the Middle East, and other regions, and is continuously expanding its supported currencies and payment methods. We are committed to building a low-barrier-to-entry, highly transparent, and stable digital asset cloud mining platform. For users looking to incorporate SOL and XRP into their personal asset allocation, Okalio Mining provides a legal, secure, and stable income channel. Platform Highlights: Sign up and receive $10 in cloud computing power (supports SOL, XRP, and BTC) Multi-currency mining contracts offer diversified returns and flexible configurations Automatic daily output with traceable on-chain data for transparency Eight years of compliant operations ensure a secure and stable platform with high user trust Fully automated mining experience, no equipment required, and zero barriers to entry Join Okalio Mining now to begin your multi-asset cloud mining journey and leverage your computing power to build future wealth. Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Okalio Mining helps you easily earn SOL and XRP, achieving diversified digital asset returns! appeared first on Times Tabloid .
12 Aug 2025, 06:00
Kazakhstan: Government Raids End $16 Million Crypto Mining Power Theft
Kazakhstan’s Financial Monitoring Agency (AFM) and National Security Committee (KNB) have uncovered an illegal crypto mining scheme that siphoned more than $16 million worth of electricity to mining farms. Kazakhstan Agencies Clamp Down On Illegal Crypto Mining According to a statement released today, Kazakh financial and law enforcement authorities dismantled a large-scale operation in East Kazakhstan Oblast that illegally sold electricity to mining companies. The AFM and KNB said the stolen power could have supplied the needs of a small city in the region. Notably, employees of local utility providers had been illegally selling electricity to mining companies over the past two years. This energy was originally intended for the local population, social facilities, and enterprises of strategic importance. The crypto miners used over 50 megawatt-hours to mint digital coins during the period. The AFM noted that this level of energy consumption was comparable to that of a city with 50 to 70,000 residents. The miners consumed more than 50 megawatt-hours (MWh) of power during this period. The AFM said that this was comparable to the energy usage of a city with 50,000 to 70,000 inhabitants. Under Kazakhstan’s current laws, mining farms can purchase electricity only from a state-run platform operated by the Ministry of Energy. They are also limited to buying no more than one MWh at a time. Authorities estimate that over nine billion Kazakhstani tenge (approximately $16.5 million) worth of power was illegally supplied to the mining operations. The AFM revealed: The organizers used the criminal proceeds to purchase two apartments in the capital and four vehicles, which were seized with a court order for potential confiscation. Following China’s blanket ban on all crypto-related activities – including Bitcoin (BTC) mining – Kazakhstan emerged as a major hub for mining. While initially welcoming the industry, the country later faced rolling blackouts and grid breakdowns, prompting the government to impose tighter regulations on the sector. Crypto Mining In The Region Kazakhstan’s crackdown on crypto mining firms illegally using power is not an isolated case. Across the region, illegal mining operations have drawn increasing scrutiny from multiple governments. For instance, Russia recently warned that it will crack down hard on anyone mining digital assets without the necessary permissions. The country also recently introduced a national registry for cryptocurrency mining hardware. Elsewhere, France’s far-right Rassemblement National party recently announced plans to repurpose unused nuclear power for BTC mining, signaling a different approach to the energy demands of the industry. At press time, BTC trades at $120,260, up 1.3% in the past 24 hours.