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Crypto Trends

Interpol Arrests 1,209 Involved In Illegal Crypto Mining And Investment Scams

by admin August 23, 2025


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The International Criminal Police Organization (Interpol) has successfully conducted a continent-wide cybercrime crackdown in Africa, targeted against illegal cryptocurrency mining operations, inheritance scams, and fraudulent investments. Coordinated under the code name Serengeti 2.0, the three-month operation ran from June to August 2025, leading to more than 1,200 arrests and the recovery of close to $100 million in stolen funds and confiscated assets.

Operation Serengeti 2.0

According to Interpol’s press release on August 22, investigators from 18 African countries, working alongside the United Kingdom and supported by private-sector partners, dismantled 11,432 malicious infrastructures linked to almost 88,000 victims  of targeted high-impact online crimes, including ransomware, scams, and business email compromise (BEC).

Notably, law enforcement authorities in Angola shut down 25 illegal cryptocurrency mining sites operated by 60 Chinese nationals while also commandeering 45 unauthorized power stations feeding these operations. In addition, officers also confiscated IT and mining machinery worth over $37 million.

Meanwhile, in Zambia, officials uncovered a massive crypto investment fraud with 65,000 victims and $300 million in total losses. The operation led to 15 arrests, alongside the seizure of domains, SIM cards, and bank accounts tied to the scam, which had promised investors sizable returns. Notably, another sting in Lusaka disrupted a suspected human-trafficking network, where 372 forged passports of seven countries were confiscated.

Interpol also reports that the Ivorian police dismantled a cross-border inheritance scam believed to originate in Germany. Unsuspecting victims were deceived to pay fees for fake inheritance claims, generating around $1.6 million in illicit gains. The primary suspect in this case has been detained while authorities seized cash, jewelry, and vehicles, among other valuables.

Commenting on the successful Serengeti 2.0 operation, Interpol’s Secretary General, Valdecy Urquiza, emphasized the importance of cooperation in amplifying results:

Urquiza said:

Each INTERPOL-coordinated operation builds on the last, deepening cooperation, increasing information sharing, and developing investigative skills across member countries. With more contributions and shared expertise, the results keep growing in scale and impact

Operation Serengeti 2.0 was conducted under the African Joint Operation Against Cybercrime with other participating nations, including Nigeria, Rwanda, South Africa, etc. Meanwhile, private partners of this operation are TRM Labs, Trend Micro, and Team Cypru, among others.

Crypto Market Overview

At the time of writing, the global cryptocurrency market capitalization stands at $3.95 trillion, reflecting a 3.87% increase over the past 24 hours. Daily trading volume has climbed to $157.12 billion, signaling heightened activity across major tokens. Market leader Bitcoin is currently priced at $115,811, while Ethereum trades at $4,700, both maintaining strong momentum amid broader market gains.

Total crypto market cap valued at $3.94 trillion on the daily chart | Source: TOTAL chart on Tradingview.com

 Featured image from Interpol, chart from Tradingview

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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August 23, 2025 0 comments
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Dogecoin Live News Today: Latest Insights for Doge Lovers (August 22)
GameFi Guides

Dogecoin Price Analysis as Hyper Bit Technologies Acquires Dogecoin Mining Company, Maxi Doge Soars while Dogecoin Falters, and More…

by admin August 22, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Stay Ahead with Our Immediate Analysis of Today’s Dogecoin Updates

Check out our Live Dogecoin Updates for August 22, 2025!

In 2025, Dogecoin stands shoulder-to-shoulder next to Bitcoin. One is the first cryptocurrency, while our doggo friend is widely recognized as the first meme coin.

Launched in 2013, $DOGE is up by over 38,000% today, looking at a price of over $0.21 and a trading volume in the billions of dollars. If anything, Dogecoin proves that ‘anything is possible’ in crypto, and even underdogs can become industry giants.

With endorsements from industry moguls like Elon Musk and official investment vehicles like the Grayscale Dogecoin Trust, $DOGE seems to be going nowhere but up.

Click to learn more about Maxi Doge

Maxi Doge ($MAXI) is Dogecoin’s bodybuilder cousin chugging Red Bull and scalping cryptos at 3AM in the morning.

Embodying full-send chaos and pump potential 2.0, $MAXI is for degen traders who don’t hesitate and keep diamond hands on some of the riskiest plays.

While meme coins are a dime a dozen, Maxi Doge is max-commitment, max cojones, and aiming for legend status in the memecoin land.

Simply put, if rat poison squared took form, it would probably look like Maxi Doge. And this meme coin is still in presale.

If you’re looking for the newest insights on Dogecoin and doge-related projects and meme coins, you’re in the right place.

We update this page frequently throughout the day, as we get the latest and greatest insider insights for Doge lovers and memecoin enthusiasts, so keep refreshing!

Disclaimer: Crypto is a high-risk investment, and you may lose your capital. Our content is informational only, and it does not constitute financial advice. We may earn affiliate commissions at no extra cost to you.

Today’s Dogecoin Technical Analysis 📊

Dogecoin has largely mirrored Bitcoin’s action over the past 3-4 days in that it’s also hovering around a major support level that could signal whale accumulation before the next leg up.

This support comes from an upward sloping trendline that previously triggered $DOGE’s massive July rally, where the token gained more than 80% in just a couple of weeks.

Even better, $DOGE’s current price on the daily chart is resting not only on that trendline but also around key moving averages – the 100, 200 EMAs – giving it multiple layers of support to potentially bounce from.

Just like Bitcoin, Doge’s current weekly candle is sitting right at the 50% Fibonacci retracement level, a strong signal in favor of buyers.

All in all, the larger picture remains bullish. That said, in the short term (4H and 1H charts), momentum is still bearish.

The ideal play now is patience. Wait for a big fat green daily candle that resets momentum and aligns the moving averages beneath price in the proper bullish sequence, potentially setting the stage for an explosive move.

While Dogecoin Stalls, Maxi Doge Hits the Pre-Workout

August 22, 2025 • 10:00 UTC

Dogecoin’s stuck in a neutral zone, trading between $0.21 and $0.2221. RSI and MACD are flat, the chart is forming a broadening triangle, and traders are sitting around waiting for a breakout.

Despite bullish headlines like Wyoming’s stablecoin launch and Thumzup’s acquisition, $DOGE is not lifting.

Meanwhile, newcomer, Maxi Doge ($MAXI), is tearing off its hoodie and heading straight for the squat rack.

With zero-tax trading, high staking rewards (currently 214%), and a pumped-up presale, Maxi Doge channels the raw energy of motivational memes, protein-packed ambition, and laser-eyed conviction.

Available now on presale for just $0.0002535, $MAXI is built for gains and glory.

Find out how to buy Maxi Doge and watch $MAXI pump.

Hyper Bit Mines $DOGE; $MAXI Mines Hype

August 22, 2025 • 10:00 UTC

Hyper Bit Technologies just locked in a deal to acquire Dogecoin Mining Technologies Corp., securing up to 2,660 ElphaPex DG1 and DG2 miners.

These rigs will be hosted at a renewable energy facility with access to 11 MW of power, giving Hyper Bit serious firepower in the $DOGE and Litecoin mining game.

The move also positions Hyper Bit as one of the first publicly traded altcoin mining firms, signaling growing institutional interest in meme coin infrastructure.

But while Hyper Bit builds the backend, Maxi Doge ($MAXI) is front-facing the future of meme coin culture.

It’s not about mining, anymore, it’s about memeing with muscle. Maxi Doge blends Dogecoin’s charm with a gym-bro narrative: zero-tax trading, staking rewards, and a presale that’s all flex, no fluff.

Buy in. Bulk up. Become a Maxi. Because in this market, only the strongest memes survive.

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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August 22, 2025 0 comments
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Shaurya Malwa
NFT Gaming

DOGE Surges 5% Amid Trump-Affiliated Dogecoin Mining Deal and Fed Comments

by admin August 22, 2025



Dogecoin rallied on Tuesday after a string of regulatory and corporate catalysts shifted sentiment across the crypto sector. A $50 million Trump-linked acquisition of a DOGE mining firm, Wyoming’s launch of a state-backed stablecoin, and comments from Federal Reserve officials signaling a softer stance on digital assets all converged to trigger fresh institutional flows.

News Background

• Thumzup, a Trump-affiliated entity, acquired Dogehash for $50 million, creating what executives described as the largest DOGE mining operation. The deal signals deep-pocketed confidence in Dogecoin infrastructure.
• Wyoming unveiled the Frontier Stable Token, the first government-backed state stablecoin, reinforcing the U.S. regulatory pivot toward digital assets.
• Fed Vice Chair Michelle Bowman warned banks about competitive risks from delaying digital asset adoption, signaling a more crypto-accommodative posture.
• SoFi Technologies integrated Bitcoin’s Lightning Network, targeting the $740 billion remittance market — another signal of traditional finance edging deeper into crypto rails.

Price Action Summary

• DOGE traded in a $0.01 band from $0.21 to $0.22 between Aug. 20 15:00 and Aug. 21 14:00, marking ~4–5% intraday volatility.
• The token rallied 5% from $0.21 to $0.22 during the Aug. 20 evening session, establishing $0.22 as near-term resistance.
• A late-session 60-minute window (Aug. 21 13:22–14:21) saw DOGE surge 1% from $0.22 to $0.22 with volume spikes above 61.8 million, confirming institutional activity.
• Support consistently held in the $0.21–$0.22 zone with bounces on 320–380 million volume across key testing points.

Technical Analysis

• Support: $0.21–$0.22 established as reliable floor with repeated high-volume retests.
• Resistance: $0.22 key pivot cleared, but bulls need follow-through toward $0.225 to confirm breakout.
• Volume: Peak surges of 61.8 million and 378.6 million confirm institutional buying interest.
• Pattern: Classic consolidation followed by impulsive breakout; upward trajectory if support base holds.
• Futures OI: Stable around $3 billion, reflecting sustained leveraged interest despite macro volatility.

What Traders Are Watching

• Whether DOGE can sustain above the $0.22 pivot and push toward $0.225–$0.23 resistance.
• The market’s reaction to Fed policy shifts and Wyoming’s stablecoin launch — potential sector-wide tailwind.
• Whale accumulation patterns, already totaling 2 billion DOGE ($500M) this week.
• Mining sector expansion via Thumzup’s acquisition and its impact on DOGE’s hashpower distribution.



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August 22, 2025 0 comments
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Monero news Crypto news
GameFi Guides

Monero Eyes ‘Detective Mining’ Defense After Qubic Attack

by admin August 20, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Monero (XMR) developers and pool operators are weighing a swift, software-level response to last week’s hashrate shock after the Qubic mining pool claimed it had briefly dominated the network and triggered a six-block reorganization. Former Monero lead maintainer Riccardo Spagni proposed deploying “detective mining,” a pool-side strategy he says can neutralize selfish-mining attacks without a hard fork. “A proposal to make Monero completely resilient to selfish-mining attacks, no protocol changes needed,” Spagni wrote, linking to a new Monero Research Lab issue that outlines the approach.

Qubic’s campaign culminated on Aug. 12 with public statements that it had surpassed 51% of Monero’s hashrate and “successfully reorganiz[ed] the blockchain,” part of what the project billed as a live “51% takeover demo.” Qubic itself characterized its method as “selfish mining,” a tactic that can win outsized rewards with as little as “33–40%” of hashrate, not necessarily a full majority.

Risk controls kicked in across the industry. Kraken posted a status notice in mid-August that it had paused XMR deposits “after detecting that a single mining pool has gained more than 50% of the network’s total hashing power,” keeping trading and withdrawals open while it monitored network integrity. The pause underscored how even short-lived reorganizations—Monero targets two-minute blocks, making six blocks roughly twelve minutes—can force exchanges to reassess confirmation policies.

Not everyone accepted Qubic’s framing. Analysts at the RIAT Institute argued “no 51% attack has happened,” citing data suggesting Qubic’s peak contributed far less than a true majority and noting that a six-block reorg is insufficient proof of sustained control capable of reversing fully confirmed transactions.

Detective Mining Could Shield Monero

Spagni’s “detective mining” proposal seeks to collapse the advantage of any pool attempting selfish mining by exploiting information already exposed in pool job messages. In pooled mining, Stratum job payloads include the previous block hash (“prevhash”). A detective miner (or a pool running a “sensor” proxy) subscribes to competing pools’ job streams; when a leaked prevhash doesn’t match the public tip, the pool immediately builds and broadcasts a valid child on top of the attacker’s hidden parent, forcing the selfish miner to reveal or lose its private lead. Because this operates entirely at the pool/Stratum-proxy layer, it requires “no consensus or protocol changes,” making it deployable on today’s Monero stack.

The economics are the point. Spagni’s summary of the underlying Lee–Kim model (2019) claims that if roughly half of network hashrate (i.e., the largest pools) adopt detective mining, the selfish miner’s break-even threshold jumps into the ~32–42% range depending on tie-breaking assumptions—eroding the attack’s profitability and, with wider adoption, wiping it out across tested splits. That is a materially higher hurdle than the classical Eyal–Sirer result, under which selfish mining can be profitable around one-quarter to one-third of hashrate.

Spagni’s issue also anticipates adversarial counter-moves. It recommends quorum-based detection from multiple sensors, short “grace windows” before diverting hashrate, and share-submission checks to defeat decoy jobs—all with rate limits and telemetry to tune false-positive risk. These are pragmatic pool-operator playbooks rather than protocol-level rules, aligning with Monero’s preference to harden incentives and operations before touching consensus.

For Monero, the next steps will be social as much as technical: major pools would need to ship and enable detective-mining logic for the defense to bite at the modeled thresholds. As of Aug. 19, the idea is a public proposal under active discussion rather than an adopted standard. But after a week in which a single pool’s campaign produced a measurable reorg and exchange-level mitigations, the path of least friction—pool software updates that raise the cost of selfish mining—has quickly become the center of gravity for the project’s short-term response.

At press time, XMR traded at $268.

XRP holds above the 0.382 Fib, 1-week chart | Source: XMRUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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August 20, 2025 0 comments
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Trump Family Expands Crypto Bets as Thumzup Pivots Into Dogecoin Mining
NFT Gaming

Trump Family Expands Crypto Bets as Thumzup Pivots Into Dogecoin Mining

by admin August 20, 2025



Thumzup Media Corp. (TZUP), which counts Donald Trump Jr. as a large shareholder, said it will acquire Dogehash Technologies, Inc. in an all-stock deal, pivoting from digital marketing into industrial-scale crypto mining

Under the agreement, Dogehash shareholders will receive 30.7 million Thumzup shares, according to a Tuesday release, valuing the transaction at $153.8 million, based on the shares’ closing price. The combined company will rebrand as Dogehash Technologies Holdings, Inc. and list on Nasdaq under the ticker XDOG, pending shareholder approval later this year.

Dogehash operates about 2,500 Scrypt ASIC miners across renewable-powered data centers in North America, with plans to scale up further in 2026. Unlike firms that pad their balance sheets by simply buying coins, Dogehash has invested in its own infrastructure, giving it direct exposure to dogecoin

and litecoin block rewards at a lower cost base.

The deal comes on the heels of Thumzup’s $50 million stock offering in July, earmarked for mining expansion and digital asset accumulation. The company says it will also use Dogecoin’s DogeOS layer 2 to stake in DeFi products, aiming to boost miner returns beyond standard rewards.

This new deal adds to the Trump family’s expanding crypto empire. Eric Trump and Donald Jr. launched American Bitcoin earlier this year with Hut 8, which has over 60,000 miners.

Meanwhile, World Liberty Financial, another Trump-backed venture, struck a $1.5 billion deal with Nasdaq-listed ALT5 Sigma to inject its WLFI token into the firm’s treasury.

Thumzup stock fell 41% to $5.01 on Tuesday.



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August 20, 2025 0 comments
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GameFi Guides

Bitcoin Hashrate, Mining Difficulty Soar While Fees Sink: BlocksBridge

by admin August 19, 2025



In brief

  • Bitcoin network mining difficulty hit an all-time high of 129 trillion, making it harder than ever for miners to earn rewards despite Bitcoin’s recent price pullback.
  • Miner revenues are being squeezed as hashprice dropped to $60 per petahash and transaction fees fell below 1% of block rewards for the first time ever.
  • New tariffs up to 57.6% on mining equipment imports are creating additional financial pressure, with CleanSpark facing a potential $185M liability and Iris Energy $100M.

Even as Bitcoin cools off from its new all-time high, activity on the network has surged, pushing mining difficulty to fresh highs.

The Bitcoin network difficulty now stands at a record high of 129 trillion. That’s a 6.4% increase over the past 90 days, according to CoinWarz.

The difficulty was nearly this high in early June, when it inched past 126 trillion for the first time ever. The higher the difficulty the harder it becomes for miners to successfully add new blocks and earn rewards.

There may be some relief coming. The difficulty, which adjusts automatically roughly every two weeks, is set to lower 0.33% on Friday, August 22.

But for now, the all-time high difficulty is showing up in lower Bitcoin miner revenues, writes BlocksBridge Consulting founder and partner Nishant Sharma in his latest Bitcoin mining newsletter.

He wrote that the hashprice, or the amount of revenue earned per unit of computing power, has sunk to $60 per petahash per second. “This reflects ongoing compression in miner margins, as difficulty growth continues to offset gains from price appreciation,” Sharma added.

Meanwhile, transaction fees have slipped below 1% of block rewards for the first time ever. The revenue earned by miners comes from the static block reward, which is currently 3.125 BTC per block mined, and transaction fees paid by users.

“In July, fees accounted for just 0.985% of total monthly block rewards–the first time this share has fallen below 1%,” Sharma wrote.

The overall picture for Bitcoin miners hasn’t been helped by U.S. President Donald Trump, who has implemented punishing tariffs on imports from many of the countries that sell Bitcoin mining rigs. Imports from China are now subject to 57.6% tariffs, while Indonesia, Malaysia, and Thailand are all subject to 21.6% tariffs.

The tariffs have  already negatively affected two U.S. miners. U.S. Customs and Border Protection, which oversees tariff enforcement, has sent invoices to Iris Energy and CleanSpark—but for mining rigs that were imported in 2024.

“CleanSpark warned that if CBP’s position were upheld, its potential tariff liability could reach $185 million,” Sharma said. “IREN has also faced a $100 million dispute with CBP under similar circumstances. Both companies are challenging CBP’s claims.”

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August 19, 2025 0 comments
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Bitcoin (BTC) Mining Profitability Rose 2% in July, Jefferies Says
Crypto Trends

Bitcoin (BTC) Mining Profitability Rose 2% in July, Jefferies Says

by admin August 18, 2025



Bitcoin

mining profitability increased 2% in July as the price of the world’s largest cryptocurrency rose 7% while the network hashrate jumped 5%, investment bank Jefferies said in a research report on Friday.

“We see positive BTC price momentum as most favorable for Galaxy’s (GLXY) digital assets business, while miners fight a rising network hashrate,” analyst Jonathan Petersen wrote.

The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, and is a proxy for competition in the industry and mining difficulty. It is measured in exahashes per second (EH/s).

U.S.-listed mining companies mined 3,622 bitcoin in July, versus 3,379 coins the month before, the report said, and these firms accounted for 26% of the total network compared to 25% in June.

IREN (IREN) mined the most bitcoin, with 728 tokens, followed by MARA Holdings (MARA) with 703 BTC, the bank noted.

Jefferies said MARA’s energized hashrate remains the largest of the sector, at 58.9 EH/s at the end of July, with CleanSpark (CLSK) second with 50 EH/s.

Revenue per exahash/second also increased. “A hypothetical one EH/s fleet of BTC miners would have generated ~$57k/day in revenue during July, vs ~$56k/day in June and ~$50k a year ago,” the analyst wrote.

Read more: Bitcoin Miner MARA Steps Into HPC With Majority Stake in EDF Subsidiary: H.C. Wainwright



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August 18, 2025 0 comments
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