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Google backs Bitcoin miners' AI shift with at least $5B in lease credit
Alphabet’s Google is providing at least $5 billion in credit support to help several Bitcoin miners repurpose sites for AI hosting through long-term leases. On Dec. 17, Hut 8 disclosed a 15-year, 245‑megawatt deal in Louisiana; earlier deals at TeraWulf and Cipher included multibillion‑dollar revenue commitments underpinned by Google. The structure allows banks to treat these projects as infrastructure debt rather than speculative crypto financing.
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BTC
BTC+0.26%
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Cardano's Vision 2030 roadmap hinges on 500% ADA price gain amid modest protocol revenue target
On Dec. 17, Intersect's Product Committee published the "Vision 2030" roadmap, setting strict Key Performance Indicators for Cardano, including 324 million annual transactions, 1 million monthly active wallets, and around $3 billion in TVL. The plan aims for at least 16 million ADA in yearly protocol revenue by 2030 and uses an illustrative $5 ADA price — about 500% above current levels — to show potential earnings, while shifting the network toward an enterprise-focused "operating system" model that relies heavily on Layer 2 infrastructure.
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ADA
ADA-1.10%
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Solana weathers 6 Tbps DDoS barrage with no downtime as validator set consolidates in 2025
According to data from Pipe, Solana's network absorbed a distributed denial-of-service attack peaking around 6 terabits per second this week without downtime or notable fee spikes, a performance later confirmed by co-founders Anatoly Yakovenko and Raj Gokal. The event coincides with a more than 35% drop in active validators in 2025 and growing concentration of stake among large infrastructure providers, even as Solana processes roughly $1.6 trillion in annual trading volume and supports about $15 billion in stablecoins.
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XRP slides below $2 as 7-year-old wallet realizes $721.5M profit and leverage, liquidity shrink
XRP has dropped under $2 to around $1.87, with its price down roughly 6% in a day and about 17% over a recent institutional inflow streak. A nearly seven-year-old wallet that accumulated XRP near $0.40 realized more than $721.5 million in profit around the $2 level on Dec. 11, amid falling leverage on Binance and a sharp decline in XRP futures buying volume.
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XRP
XRP-0.91%
2g fa
12-12
Senate Democrats focus on stablecoin yield as $6.6 trillion outflow scenario guides negotiations
US lawmakers are pushing toward federal crypto rules, but negotiators say the treatment of stablecoin yield is the main sticking point. The debate escalated in mid-August after the Bank Policy Institute warned that permissive designs could shift up to $6.6 trillion of deposits into stablecoins. The House has advanced the Digital Asset Market Clarity Act as the Senate crafts a parallel package.
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12-12
12-11
Ethereum fees sink to lowest level since 2017 as Fed rate cut fuels spot-led rally against Bitcoin
After the Federal Reserve delivered a quarter-point rate cut, Ethereum extended its advance above $3,300 and began outperforming Bitcoin near $92,000 as traders rotated into higher-duration assets. On-chain and derivatives data indicate the move has been driven by spot buying, with large holders accumulating nearly 1 million ETH and mainnet fees dropping below 300 ETH per day, the weakest revenue level since 2017, according to market data providers.
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ETH
ETH+2.95%
12-11
12-4
North Korean operatives infiltrate crypto hiring pipeline, captured on live surveillance
Security researchers captured North Korean operatives in real time after deploying a honeypot workstation that mimicked a developer environment. The operatives, linked to the Lazarus Group's Famous Chollima division, used legitimate AI hiring tools and cloud services to establish trusted insider access rather than exploit code vulnerabilities. The operation revealed systematic use of job-automation software, VPN masking, and persistent remote-access protocols to bypass corporate security measures.
12-4
12-4
Strategy's Bitcoin lending plans could supply ammunition to short sellers targeting its 650,000 BTC holdings
Strategy, which holds 650,000 BTC, is considering Bitcoin lending services that may provide inventory to hedge funds shorting its reserves. CEO Phong Le confirmed discussions with banks on Dec. 2, shifting the firm from passive custody to active credit operations. The move introduces counterparty risk and could compress the company's stock premium to net asset value.
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BTC
BTC+0.26%
12-4