Tudou Guarantee Emerges as Key Successor After Huione Darknet Shutdown

The sudden shutdown of Huione Guarantee has sent shockwaves across the digital guarantee market, a shadowy network involving countless online fraudsters, money launderers, and brokers of stolen information in Southeast Asia and China. Despite this disruption, many Telegram-based marketplaces with similar operations remain unaffected and are actively growing. Vendors Shift to Tudou According to blockchain…

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Bitcoin removes pressure from USD

United States President Donald Trump recently touted the positive impacts of Bitcoin (BTC) on the US economy, including relieving “pressure” from the US dollar during Friday’s White House press conference. The President said that he is a fan of the crypto industry, which has grown into a sector that cannot be ignored due to geostrategic…

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Startups raise $739.5m across 17 deals

Crypto startups raised a hefty $739.5 million across 17 deals during the week of June 22–28, 2025, marking one of the sector’s strongest funding stretches in months, with infrastructure and institutional-focused projects leading the charge. Topping the list was Kalshi, a regulated prediction market exchange, which closed a $185 million Series C round at a…

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Coinme Hit With $300,000 Penalty in California’s First DFAL Enforcement Action

The California Department of Financial Protection and Innovation (DFPI) announced today that it has entered into a consent order with Seattle-based Coinme, Inc. This marks the first enforcement action under the state’s Digital Financial Assets Law (DFAL). California Cracks Down on Coinme Coinme, which operates crypto kiosks in grocery and convenience stores across California, was…

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Coinbase lands on TIME’s top 100 companies list

Crypto exchange Coinbase landed on TIME’s 100 Most Influential Companies in 2025 list as a “disruptor” after the company was thrust into the limelight for being one of the crypto industry’s leading policy advocates in 2024. Coinbase’s stock is up approximately 42% year-to-date and experienced a sharp rally following the Senate passing the GENIUS stablecoin…

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