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1 hour ago
Coinbase Secures MiCA License for EU-Wide Crypto Operations

Coinbase has obtained a MiCA (Markets in Crypto-Assets) license in Luxembourg, allowing it to offer regulated cryptocurrency services across all 27 EU member states. Announced on June 20, 2025, this license enables approximately 450 million EU residents to access digital currencies under a unified regulatory framework. This milestone enhances Coinbase's operational capabilities within the EU, ensuring compliance and building trust among users.
1 hour ago
Kraken Relocates Headquarters to Wyoming for Crypto-Friendly Policies

Kraken, a leading cryptocurrency exchange, has announced the relocation of its headquarters from San Francisco to Cheyenne, Wyoming. The move is attributed to Wyoming's progressive stance on digital asset policies, which has made the state a hub for crypto companies. Kraken has previously supported the state's crypto initiatives by donating $300,000 to the University of Wyoming for crypto education and co-hosting blockchain conferences. Wyoming's clear regulations and property protection have been key factors in attracting businesses like Kraken.
2 hours ago
Crypto Funding Tops $1.5 Billion in June, Boosted by Circle IPO

The cryptocurrency sector saw a remarkable increase in funding, surpassing $1.5 billion in June 2025. This surge was significantly driven by Circle's Initial Public Offering (IPO), which played a crucial role in attracting investment. The robust financial backing highlights the growing interest and confidence in the crypto market, with Circle's IPO standing out as a pivotal event that drew substantial attention and capital, reinforcing its market position.

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2 hours ago
Tesla Secures $557M Energy Storage Deal with Shanghai

Tesla has signed a $557 million agreement with Shanghai authorities for a grid-scale battery storage project, marking its first major energy venture in China. The project involves a 4 billion yuan investment and will utilize Tesla's Megapack batteries, produced at the Shanghai Megafactory, which began mass production in February 2025. This deal is a significant boost for Tesla's energy division, which saw storage deployments more than double to 31.4 GWh in 2024, with a gross profit of $2.6 billion. The Shanghai project positions Tesla to capture a substantial share of the world's largest energy storage market, driven by increasing demand for stable power sources for AI infrastructure. Following the announcement, Tesla shares rose to $327.55 in premarket trading, reflecting strong investor confidence in the company's expanding energy business.
2 hours ago
Marathon Relies on Auradin for 50% of 2025 Mining Machine Orders

Marathon Digital Holdings has announced that 50% of its mining machine orders for 2025 will be sourced from Auradin, a US-based Bitcoin chip designer and manufacturer. This strategic partnership highlights Marathon's commitment to supporting domestic suppliers amid increasing tariffs on Chinese imports. Auradin, which began shipping its Teraflux series of Bitcoin ASICs in mid-2024, offers a US-made alternative to major Chinese manufacturers like Bitmain and Shenma. The company has seen a surge in demand from US mining firms following the imposition of new tariffs by President Trump in April.

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