Month: August 2024

DOJ Launches Whistleblower Awards Program to Tackle Crypto Crimes
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DOJ Launches Whistleblower Awards Program to Tackle Crypto Crimes

Crypto Superhero / August 2, 2024

The U.S. Department of Justice (DOJ) has initiated a Corporate Whistleblower Awards Pilot Program to encourage reporting of corporate criminal activities. This three-year program targets financial institutions, including cryptocurrency businesses, to enhance the detection and prosecution of corporate crimes. Whistleblowers who provide non-public information leading to forfeitures over $1 million are eligible for awards. DOJ […] Source: https://news.bitcoin.com/doj-launches-whistleblower-awards-program-to-tackle-crypto-crimes/

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U.S. Bitcoin Reserve Proposal: A Groundbreaking Move

Crypto Superhero / August 2, 2024

The United States may soon take a historic step in the financial landscape with the introduction of a groundbreaking bill that proposes the establishment of a strategic U.S. bitcoin reserve. This initiative, led by Senator Cynthia Lummis, is designed to position the U.S. as a leader in bitcoin adoption, aiming to boost innovation and maintain the nation’s competitive edge in…

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Why Bitcoin Could Benefit as a Potential Recession Looms
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Why Bitcoin Could Benefit as a Potential Recession Looms

Crypto Superhero / August 2, 2024

A series of disastrous economic results published on Friday has onlookers believing the United States economy is quickly spiraling into recession. But while the news initially coincided with a dip in the price of crypto assets, analysts say that a weaker U.S. dollar could ultimately benefit Bitcoin over the long term. The stock market tumbled Friday following the poor reports,…

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Crypto Biz: Stablecoins wave, crypto trading via UAE banks, and more

Crypto Superhero / August 2, 2024

This week’s Crypto Biz explores Tether’s profit record, bank-linked crypto trading in the United Arab Emirates, Polymarket’s growth amid US elections, and Coinbase custodian arm. Source: https://cointelegraph.com/news/crypto-biz-stablecoins-wave-crypto-trading-uae-banks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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Ex-Binance adviser to join Kamala Harris campaign: Report

Crypto Superhero / August 2, 2024

The prospective Democratic nominee’s position on crypto and blockchain was still unclear, but officials connected to the industry are reportedly getting on board. Source: https://cointelegraph.com/news/binance-adviser-kamala-harris-campaign?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

US Could ‘Pay Off Our Debt With Bitcoin’, Says Donald Trump
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US Could ‘Pay Off Our Debt With Bitcoin’, Says Donald Trump

Crypto Superhero / August 2, 2024

Donald Trump just doubled down on his big presidential Bitcoin campaign, potentially planning to do more with the asset than he told the crowd at the Bitcoin conference. Beyond establishing a “strategic Bitcoin stockpile,” the candidate suggested using the leading digital asset to make America solvent again. “Who knows, maybe we’ll pay off our $35 trillion [in debt],” Trump said…

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