Month: January 2025

A $2.2 million cryptocurrency scam targeting job seekers was halted as the NY Attorney General froze funds, uncovering fake fees and untraceable transfers. AG James’ Bold Move Freezes $2.2M Crypto Loot From Fake Job Scammers The Office of New York Attorney General Letitia James announced last week that James has filed a lawsuit to recover […] Source: https://news.bitcoin.com/2-2m-in-crypto-frozen-by-ag-letitia-james-securing-funds-for-victims/

A Treasury nominee’s six-figure stake in Blackrock’s bitcoin ETF reveals crypto’s grip on elite portfolios, raising stakes for future U.S. economic policy decisions. Blackrock Bitcoin ETF in Spotlight as Bessent’s Financial Ties Unveiled Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, has disclosed a personal investment of between $250,001 and $500,000 in Blackrock’s bitcoin […] Source: https://news.bitcoin.com/treasury-pick-holds-up-to-500k-in-blackrock-bitcoin-etf-vows-to-divest-over-conflicts/

Singapore’s gambling regulator has blocked access to Polymarket, a controversial crypto predictions platform under scrutiny for its handling of U.S. election-related betting. Reports of users being denied access first emerged Sunday evening, with Alex Zuo, investments and custody vice president for Cobo, tweeting a screenshot of a pop-up notification. Users attempting to access the platform from Singapore encounter a warning…

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Rep. Buddy Carter (R-GA) has introduced the Fair Tax Act, a sweeping proposal to dismantle the federal tax code, abolish the IRS, and replace it with a national consumption tax—a move aimed at restoring individual economic freedom and limiting government overreach. Buddy Carter’s Fair Tax Act In a so-called act of principled defiance against an […] Source: https://news.bitcoin.com/irs-on-the-chopping-block-rep-buddy-carters-vision-for-a-fairer-america/

Over the past year, leading manufacturers of application-specific integrated circuit (ASIC) bitcoin mining rigs have introduced a range of cutting-edge devices. Many of these rigs are quickly snapped up by major mining enterprises, often disappearing from shelves shortly after release. Below is an exploration of the availability of these bitcoin miners for the average enthusiast—a […] Source: https://news.bitcoin.com/from-price-tags-to-terahash-navigating-bitmain-and-microbts-available-mining-machines-in-2025/

As of Sunday, Jan. 12, 2024, the cryptocurrency sphere is nothing short of turbulent, with the total crypto economy resting at $3.31 trillion. Weekend and Year-to-Date Crypto Market Trends To round off the weekend, theta fuel (TFUEL) emerged as the top performer, climbing 12.29% against the U.S. dollar. Close on its heels, kucoin token (KCS) […] Source: https://news.bitcoin.com/2025s-crypto-rollercoaster-akuma-inu-shines-ai16z-and-bio-fall-hard/