1. 🇳🇴 Norway Plans Temporary Ban on Power‑Intensive Crypto Mining
Norway’s government is set to temporarily ban new data centers using power-intensive cryptocurrency mining methods, effective autumn 2025. The move aims to conserve electricity for key industries, with officials citing minimal local economic benefits and significant environmental concerns.
2. 🇮🇷 Iran’s Nobitex Breached in $100 M Hack Amid Tensions
Iran’s largest crypto exchange, Nobitex, was hit by a cyberattack causing a $100 million loss. The hack purportedly by “Predatory Sparrow” triggered widespread internet blackouts. The breach highlights growing cyber-conflict between Iran and Israel.
3. 🪙 Bitcoin Rebounds to $106K — Risk Appetite Returns
Bitcoin climbed 1.1% to $106,081 after early-week dips, supported by easing geopolitical fears and continued investor risk appetite. Ethereum, XRP, and Solana also modestly rose. Analysts warn volatility could persist amid macro uncertainties.
4. 📈 Coinbase Shares Surge 16% on Stablecoin Legislation Optimism
Shares of Coinbase jumped ~17% to $297, following passage of the U.S. GENIUS Act (stablecoin regulation), which cleared the Senate. The act validates stablecoin platforms and supports future expansion of crypto services.
