Category: crypto

Congressman Tom Emmer believes that the strategic plan to acquire 1 million Bitcoin will be enacted before the end of this Congress. He also mentioned state-level Bitcoin reserve bills and the interest of the Digital Assets Subcommittee in stablecoins. Legislation to acquire 1 million BTC over 5 years has been reintroduced. President Trump’s executive order…

White House advisor David Sacks clarified that he divested, not dumped, his crypto holdings due to government ethics rules after being appointed by President Donald Trump. Media coverage sparked debate about how crypto is portrayed, with some suggesting negative headlines reflect public sentiment and prioritize engagement over accuracy.

Bitnomial will launch CFTC-approved XRP futures contracts on March 20 and drop its lawsuit against the SEC. The decision was influenced by the SEC dropping legal action against Ripple. The contracts will be physically settled, providing a new trading instrument for institutional and retail investors. Regulatory clarity in the crypto sector is increasing, following Ripple’s…

Crypto.com achieved $1.5 billion in revenue in 2024, attributed to strong trading activity from its 140 million users. The exchange generated $1 billion in gross profit after expenses and invested $700 million in market expansion. It benefited from Bitcoin’s rally and plans to reinvest in aggressive expansion despite market conditions.

Curetopia has raised $1.77 million in funding to accelerate treatments for rare diseases using a decentralized biotech model with Solana. The project, supported by over 1,000 contributors, aims to address the underserved rare disease market, with a focus on patient engagement and tokenization. Their recent discovery for AARS2 progressive leukoencephalopathy is a promising step towards…

North Dakota lawmakers have approved a bill imposing a $2,000 daily transaction limit per user for crypto ATMs to curb fraud and enhance oversight. The bill, if enacted, would require operators to obtain a money transmitter license, use blockchain analytics tools to detect fraud, and provide customer support during specified hours.

Jan Kubíček, a Czech National Bank board member, has raised doubts about Bitcoin’s suitability as a reserve asset due to legal uncertainty and price instability. He expressed concerns about the need to overhaul the bank’s systems to adopt Bitcoin and highlighted challenges in incorporating it without clear regulations and managing market volatility. Kubíček’s stance contrasts…

Television director Carl Erik Rinsch has been charged by the US Department of Justice for defrauding a major streaming company of $11 million. Rinsch allegedly used the funds intended for a television show on personal expenses and investments, facing severe legal penalties if convicted, including up to 20 years in prison for wire fraud.

The Ethereum Foundation plans to phase out the Holesky testnet by September 2025 due to recurring issues hindering testing for the Pectra upgrade. A new testnet called Hoodi will take over Pectra-related testing. Holesky faced major issues during testing, leading to chain splits and network instability. Sepolia also had issues but recovered quickly. Ethereum will…

Ripple has won its legal battle against the SEC as the regulator dropped its appeal. Ripple CEO Brad Garlinghouse celebrated the victory, stating it reinforces the legitimacy of digital assets. XRP surged by over 10% following the announcement. The court ruled in favor of Ripple in August 2024, determining XRP is not a security.