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Share link:In this post: Rumble may buy Northern Data for €1B, offering 2.319 Rumble shares per Northern Data share. Northern Data will sell its bitcoin mining unit to Elektron Energy for up to $235M, with proceeds going toward repaying a Tether loan. Rumble’s Q2 loss widened to $30.2M despite 12% revenue growth; monthly active users fell to 51M.
Share link:In this post: Indonesia proposes sovereign AI fund to boost position as regional tech hub. A strategy paper outlines the roadmap for AI growth to 2030, pending public input. However, the plan faces hurdles including skills shortages, low research spend, and patchy internet.
Share link:In this post: Ant Group denied claims on Chinese social media regarding plans to develop rare-earth-backed stablecoins in collaboration with the People’s Bank of China (PBoC). The denial was issued on August 11, 2025, amid growing speculation about the potential for stablecoins backed by rare earth elements. JD.com and Alibaba have been trying to get the People’s Bank of China to approve a stablecoin based on the offshore yuan to challenge USD-backed stablecoins.
South Korean retail investors shift focus from US tech stocks to crypto, as regulatory changes drive the move.
Stellar price remains inside a bullish setup after its recent breakout, but record exchange balances and fading momentum hint that gains could take longer to arrive.
- 08:43Over $116 million worth of LINK has been withdrawn by 30 new addresses since the October 11 market crash.According to Jinse Finance, monitored by Lookonchain, since the market crash on October 11, a total of 30 new wallets have cumulatively withdrawn 6,256,893 LINK (approximately $116.7 million) from a certain exchange.
- 08:3625,260 ETH transferred out from Ceffu walletAccording to Jinse Finance, Whale Alert has monitored that 25,260 ETH (approximately $102,242,851) were transferred from a Ceffu wallet to an unknown wallet.
- 08:32U.S. crypto-related stocks generally rise in pre-market trading.ChainCatcher news, according to Golden Ten Data, US stocks related to cryptocurrency generally rose in pre-market trading, with Riot Blockchain (RIOT.O) up 3.7%, Mara Holdings up 4.9%, BITFARMS up 11.6%, and MicroStrategy (MSTR.O) up 3.3%.