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Bitcoin mining application-specific integrated circuit (ASIC) manufacturer Canaan has completed a pilot production run in the US and abandoned its AI hardware manufacturing efforts.
In a statement sent to Cointelegraph on Monday, a Canaan representative said the firm “has successfully completed a p

Hardware wallet producer Trezor warned users on Monday about an ongoing phishing campaign that mimics the company’s official customer support replies.
In a Monday X post, Trezor warned that the firm is aware that “attackers abused our contact form to send scam emails appearing as legitimate Trezor

A savvy Bitcoin holder has bagged nearly $30 million of profit after patiently holding their BTC holdings for over a decade, highlighting the long-term investment potential of the digital asset.
The unknown investor sold 300 Bitcoin (BTC) for $29.8 million on Sunday after patiently holding the coin

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Key takeaways:
Bitcoin price deviated 12% from its all-time highs on June 23, dropping below $100,000 for the first time since May 8.
The 24-hour liquidation heatmap suggests a $97,000 short-term target, with a rounded top pattern predicting Bitcoin’s price can go as low as $74,000.
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Lawyers acting for the collapsed crypto exchange FTX have rebuked a $1.53 billion recovery claim from Three Arrows Capital’s liquidators, arguing the losses result from a risky trading strategy that should not be paid for by creditors.
Three Arrows Capital expanded claim approved by judge
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