Sen. Cynthia Lummis (R-WY) visited the New York City “bitcoin bar,” PubKey, while in town for the sold out Bitcoin Investors Week conference hosted by bitcoin personality Anthony “Pomp” Pompliano. Lummis then appeared live with Maria Bartiromo on Feb. 28 for Fox News’ “Mornings with Maria,” there to discuss largely: “… the ‘extensive’ waste, fraud…
GCash’s crypto platform, GCrypto, announced its new USDC Raffle Promo, which will give users a chance to win up to ₱1,000,000 worth of USDC by simply maintaining a balance in their wallets. More details can be found in this article: https://new.gcash.com/promos/gcrypto-usdc-promo How to Qualify: To qualify, participants must purchase or transfer at least 1 USDC…
Coinbase CLO Paul Grewal revealed that the company has submitted a FOIA request to gain a complete understanding of the costs and the individuals involved in the SEC’s actions against crypto, focusing on its Crypto Assets and Cyber Unit. Coinbase Submits FOIA Request to Estimate Costs of War Against Crypto Coinbase, one of the largest…
“It’s actually smarter if you’re young enough to accumulate as much debt as you possibly can and buy bitcoin with it.” So says Brad Mills, Canadian entrepreneur, angel investor and YouTuber, who has been involved with bitcoin mining since 2011 and is therefore well acquainted with bitcoin’s price volatility. On Friday, Mills posted an apparently…
Emphasizing its effort to prevent the insolvency of its platform and ensure the accuracy of its customer funds and net balances, international crypto exchange OKX presented in its 28th Proof of Reserves (PoR) report that it holds $28.1 billion in primary assets backing customer funds, representing a 59% year-on-year increase. The PoR report for OKX…
Morocco has launched an investigation into residents suspected of using cryptocurrencies to buy properties abroad without approval. Global Exchanges Fingered The Moroccan Foreign Exchange Office has reportedly launched an investigation into residents suspected of buying properties abroad using cryptocurrencies. Officials are also interested in understanding the role of global real estate companies that employ Moroccan…
US Bitcoin ETFs saw their largest two-week outflow ever, with over $1.14 billion leaving the funds as investors react to growing US-China trade tensions. The two-week outflow is the largest since Bitcoin ETFs launched in January 2024. February has been a bad month for Bitcoin ETFs, with most days in the red. According to Farside…
MegaETH, an EVM-compatible blockchain, aims to revolutionize blockchain scalability by introducing real-time transaction processing, high throughput, and Web2-level performance. Unlike existing blockchains that struggle with latency and limited computational power, MegaETH is designed to match the speed and efficiency of traditional cloud computing infrastructure. Key Features and Innovations Figure: Major components of MegaETH and their…
The price of bitcoin (BTC) plunged to $82,618 per coin as of 9 p.m. Eastern Time on Monday, marking a significant downturn in the broader cryptocurrency market. The total crypto economy has contracted by more than 12% against the U.S. dollar, now valued at $2.72 trillion. Bitcoin, Ethereum, and Solana Suffer Heavy Losses as Sell…
South Dakota lawmakers killed a bill that would have allowed the state to invest in bitcoin. The bitcoin reserve bill, HB 1202, would have allowed the state to allocate up to 10% of its public funds to bitcoin as part of an investment strategy. But concerns over the digital asset’s volatility and lack of regulations…
