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Bitcoin's steep rise is fueling a rally in cryptocurrency-related stocks, but some investors believe the bull run will eventually end, and they're putting billions of dollars into short sales, Bloomberg reports. Total short interest in crypto-related stocks has risen to $11 billion, according to a report

HSBC, a global banking group, has issued its own coin, marking the first time in history that a traditional bank has issued a cryptocurrency (virtual currency), Cointesk, a specialized cryptocurrency media, reported on June 26 (local time). HSBC issued a gold-backed cryptocurrency called "Gold Coin" today. Gold Coin

Portugal's data regulator, the National Commission for the Protection of Personal Data (CNPD), has ordered Worldcoin (WLD) to stop collecting iris data for 90 days. "More than 300,000 people in Portugal have provided biometric data to WLD," the CNPD said, according to Reuters, "and

According to Reuters, a civil trial filed by the U.S. Securities and Exchange Commission (SEC) against Terraform Labs and its founder, Do-Hyung Kwon, for fraud is scheduled to begin today (Aug. 25) in U.S. District Court in Manhattan. Mr. Kwon, who was recently released from prison in Montenegro

"The U.S. Securities and Exchange Commission (SEC) has asked the court to impose $2 billion in penalties on Ripple," reports Stuart Alderoty, Chief Legal Officer at Ripple (XRP), X. "The SEC filed a remedies briefing in the case on Wednesday (local time). A remedies briefing is

CommEx, the local cryptocurrency exchange that acquired Binance's Russian operations, announced that it will begin a phased shutdown process on March 25, suspending new signups, Binance asset transfers, and fiat and crypto deposits. Comex will phase out its crypto futures, peer-to-peer marketplace, and spot trading services, and will