US National Debt Hits Record $35 Trillion. Can a Bitcoin Reserve Strategy Help?
National debt in the United States has hit another record milestone, and it doesn’t look like slowing down. This week, the U.S. national debt surpassed $35 trillion for the first…
New Ethereum’s ETFs Gather $2.2 Billion Causing Trading Boost.
The launch of US spot-based Ethereum ETFs significantly boosts market activity, driving trading volumes to new heights and reshaping the digital asset investment landscape. Digital asset investment products witnessed US$245…
UK Hacker Sentenced for $900K Coinbase Scam via phishing websites.
A United Kingdom hacker who compromised over 500 Coinbase accounts through phishing websites has been sentenced to three and a half years in prison. Elliot Gunton, who executed these crimes…
BlackRock Cautioned The Public To Beware of Fake Investment Offers and Scams.
BlackRock and its executives emphasize they do not use social media for investment offers or payments. In recent times, BlackRock has observed a troubling rise in investment scams targeting unsuspecting…
Hong Kong Joins Bitcoin Reserve Debate As Legislator Calls for Consideration.
A prominent Hong Kong lawmaker has reacted to comments from US presidential candidate Donald Trump over the weekend, proposing a similar concept for the Asian city-state. Hong Kong Legislative Council…
Bitcoin inches toward $70k following Trump’s heightened crypto endorsement.
Bitcoin jumped 3.3% to change hands at around $69,800 at the time of writing.Former U.S. President Donald Trump further voiced his support for crypto in a Saturday speech at the…
“82% of My Net Worth is in Bitcoin”—XRP Lawyer John Deaton.
At the Bitcoin 2024 conference in Nashville yesterday, John Deaton, a Republican candidate for the U.S. Senate seat in Massachusetts, announced that 82% of his net worth is invested in…
US Senator Lummis Proposes $67 Billion Strategic Bitcoin Reserve to Back USD.
United States Republican Senator Cynthia Lummis has announced a proposal to supercharge the US dollar by establishing a strategic Bitcoin reserve. The proposal came during a speech by the Republican…
Hong Kong Police Arrest Four in $1.4 Million Crypto Scam.
Hong Kong police have arrested four individuals, including a 14-year-old, for their role in a sophisticated scam using counterfeit banknotes to defraud cryptocurrency owners. This operation has revealed substantial losses…
Riot Platforms Acquires Block Mining for $92.5M, Expands Hash Rate and Market Reach.
The deal boosts Riot’s hash rate by 1 EH/s right away, while expanding into Kentucky.The leading American Bitcoin mining company – Riot Platforms – has acquired the Kentucky-based firm Block…