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Cryptopolitan

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Founded in 2018, Cryptopolitan has grown from a popular blog into a trusted source of news and analysis for millions of readers worldwide. Over the years, we have expanded our coverage to include a wide range of topics, from market trends and technological innovations to regulatory changes and industry events.

Our team includes seasoned journalists, industry experts, and passionate crypto enthusiasts who are committed to delivering high-quality news.

Cryptopolitan is continuously expanding its network and offerings to reach a global audience across the cryptocurrency, AI, gaming, blockchain and web3 markets.  

Prisoner bags fresh eight-year sentence over £2M crypto heist plotted from Scottish cell

Robert Barr never had to leave his cell to try to steal £2 million in cryptocurrency. While he was serving time at HMP Edinburgh for smuggled phones and fraud, he used an illicit handset to direct two accomplices towards a victim’s home. That action has bagged him eight years of jail time, as a Glasgow...
Wed, Nov 11

Russian bank moves to bankrupt BitRiver founder over $9 million debt

Mining giant BitRiver’s founder Igor Runets is facing a bankruptcy procedure initiated by a major Russian bank whose claims exceed $9 million. The crypto entrepreneur was detained earlier this year over alleged tax evasion as well as large-scale fraud with damages amounting to $12 million. PSB files for bankruptcy of BitRiver’s boss PSB Bank, one...
Wed, Nov 11

Scroll patches withdrawal-forging bug with no independent sign-off

Scroll has fixed a serious bug that could have let an attacker take money from its bridge. Scroll says no one used the bug. The incident also marks the first emergency fix the company has shipped since it removed its independent Security Council. What was the bug found in a Scroll contract? Scroll has released...
Wed, Nov 11

Why is CoreWeave rallying so hard today?

CoreWeave (NASDAQ: CRWV) shot up 23% on Wednesday, November 11, and the reason goes beyond another strong earnings report. For some time, Wall Street had been wondering whether the company could pull off its vast plans for AI without going under from debt costs. Then came Tuesday’s financial results, along with new promises of cheaper...
Wed, Nov 11

AI chip startup Fractile hits $7 billion valuation in funding round

British AI chip startup Fractile has raised $720 million in its latest funding round, bringing its value to $7 billion. The UK government also supported the deal, a person involved told Reuters. Fractile, which is based in London and Bristol, is now one of Britain’s most valuable tech startups. Thrive Capital, Founders Fund, Lightspeed and...
Wed, Nov 11

Jensen Huang returns to Nvidia office amid alleged Chinese spy scandal

Nvidia (NASDAQ: NVDA) CEO Jensen Huang showed up at the company’s California headquarters on Monday, barely a day after admitting to an affair that has now landed him in the middle of an alleged Chinese espionage scandal. Instead of avoiding his executives, Jensen opened their usual morning meeting with an apology, according to CNBC. He...
Wed, Nov 11

Kraken’s xStocks Brings 200+ UK and EU Stocks Onchain, Pushing Total Past 1,500 Tokenized Assets

Kraken’s parent company Payward has announced in a press release that it’s going well past its roster of U.S. equities with the  launch of over 200 UK and EU stocks onchain through xStocks. The addition of these tokenized stocks lifts the total xStocks lineup above 1,500 assets across equities, ETFs and IPOs.   Payward mentions that...
Wed, Nov 11

Lower protein consumption linked to slower aging in 350-study review

A review of over 350 studies has found that eating less protein may slow aging, improve metabolism, and sometimes extend lifespan. This somewhat goes against the current trend of adding protein to many foods. Dudley Lamming from the University of Wisconsin-Madison and a colleague looked at hundreds of studies and found several repeating biological patterns....
Wed, Nov 11

FSA panel member warns heavy redemptions could force a JGB fire-sale

A Financial Services Agency (FSA) study group member warned that a rush of stablecoin redemptions could force issuers to sell large amounts of Japanese government bonds. Meanwhile, the Bank of Japan (BOJ), which owns close to half of Japan’s bonds, is roughly $7 trillion in debt and is trimming its purchases. What risks is the...
Wed, Nov 11

Chinese Uni had access to H200 Nvidia chips despite ties to military and blacklist

Northwestern Polytechnical University in China bought two Nvidia H200 AI chips from a local supplier in October, according to purchase records. The university is involved in military research and is on a US trade blacklist. The purchase shows that China can still get advanced US chips despite Washington’s restrictions on their sale. The university paid...
Wed, Nov 11

Türkiye leads world in stablecoin use but has no stablecoin law: FSB

Türkiye was advised by the Financial Stability Board (FSB) to draft rules to specifically govern stablecoin use in the country, according to the peer review the agency published on Wednesday, November 11. The FSB paired the warning with data showing that demand for dollar-pegged stablecoins relative to economy size is higher inside Türkiye than anywhere...
Wed, Nov 11

OKXICE plans to debut its tokenized stock trading on November 23

OKXICE is proceeding to launch its tokenized securities venue despite recent campaigns by major Wall Street firms against the initiative. In a release Wednesday, OKXICE said it will launch its tokenized securities venue on November 23, making it one of the first platforms to trade on-chain versions of US stocks under a new SEC exemption....
Wed, Nov 11

Finland approves Tesla assisted driving tech after changes made before EU key vote

Finland has allowed Tesla’s driver-assistance software to be used on public roads, with the approval taking effect immediately. Transport regulator Traficom said on Wednesday that Tesla owners can now use the system. However, an EU-wide vote in a few weeks could overturn this approval and others granted by individual countries. What Traficom recognized Finland’s transport...
Wed, Nov 11

Hackers breach South Korea's FSI, the agency probing the bank-hack wave

South Korea’s Financial Security Institute (FSI), the agency investigating a wave of bank hacks, has itself been hacked. Attackers got hold of about 300 personal records of people who work in the financial sector.  How did hackers break into South Korea’s financial security agency? South Korea’s Financial Security Institute (FSI) got hacked after the attackers...
Wed, Nov 11

JPYC CEO bets on bank disruptions to drive stablecoin demand after GMO Aozora API halts

The chief executive of JPYC, the issuer of the Japanese yen stablecoin, Noritaka Okabe, forecasted an explosion in demand for the company’s flagship product as more people seek alternatives to the growing issue of banks going dark in the country.  Okabe took to X today to promote his company’s yen stablecoin after service outages caused...
Wed, Nov 11

Staking now makes up almost all of Bitmine's revenue, annual report shows

Bitmine's 10-K shows staking and validation brought in $121.4 million, or 97% of its $124.8 million revenue, in the year to August 31.
Wed, Nov 11

Daily Bitcoin ETF withdrawals ease again as Tuesday's exit drops to $95 million

US spot Bitcoin ETFs lost $95 million on Tuesday, the third straight day of smaller outflows, as stock ETFs drew about $12 billion a day.
Wed, Nov 11

Kalshi offers $1 million to study its own midterm markets as scrutiny mounts

Kalshi has pledged to supply $1 million and data about the prediction markets it hosted during US midterm elections for up to 50 research projects looking to produce studies based on the dataset.  The offer from the leading prediction market platform comes after CEO Tarek Mansour took a victory lap about the accuracy of the...
Wed, Nov 11

Kalshi Faces Possible CFTC Charges Over Contract Filings

Politico reported on November 10 that the U.S. Commodity Futures Trading Commission has privately warned the largest prediction market platform Kalshi that it could soon face charges. The investigation has been open for months and looks at whether prediction market giant properly notified the agency before listing dozens of new contracts. As of now, the...
Wed, Nov 11

CoreWeave turns to chip-backed loans as AI debt mounts

CoreWeave is angling for a massive loan using its chips as collateral. The up-and-coming AI cloud group is leaning heavily on this new funding stream as some of its existing corporate debt is still trading in distressed territory. CEO Michael Intrator asserted, “Looking ahead, we will not use the unsecured debt market to fund our...
Wed, Nov 11
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