Republican Senator Dusty Deevers has introduced a bill designed to integrate Bitcoin into Oklahoma’s economy. The Bitcoin Freedom Act (SB325) seeks to give employees and vendors in the state the option to conduct transactions in Bitcoin, offering an alternative to the inflation-battered U.S. dollar, according to the Senator. “In a time when inflation is eroding the purchasing power of hard-working…
Thai police have shut down a Bitcoin mining operation estimated to have stolen roughly $3 million worth of electricity. Officials estimate the operation, located in the Phanat Nikhom district of Chonburi in eastern Thailand, involved upwards of 1,000 machines. According to English-language Thai news outlet The Nation, though authorities weren’t able to provide an exact figure for the theft, it…
The crypto industry faced $3 billion in losses due to hacks and scams in 2024, marking a 15% increase from $2.61 billion in 2023, according to blockchain security firm Peckshield. Hacks accounted for $2.15 billion—or over 70%—of total losses, a 42.38% increase from $1.51 billion in 2023, while scams contributed $834.5 million, as per the security firm’s annual report. It…
Grayscale Investments has announced a reshuffle of its crypto-focused funds—with winners and losers starting to emerge. The asset manager has ditched Avalanche from its Digital Large Cap Fund in order to make room for a small allocation of Cardano. Bitcoin and Ethereum make up 90% of this portfolio, with the remainder split among XRP, Solana, and now Cardano. In an…
After hitting a new all-time high last month, Bitcoin is back down again and touched its lowest level in weeks Thursday morning as investors cashed out of the crypto ETFs. CoinGecko data shows that the biggest cryptocurrency dropped below $92,000 per coin at 9am ET, hitting a 2025 low of $91,925. It’s now up and is trading for about $93,700.…
XRP outperformed other major crypto assets in the last 24 hours, apparently fueled by Ripple President Monica Long’s optimism about impending XRP ETFs and CEO Brad Garlinghouse’s meeting with Donald Trump. The Ripple-linked asset and native token of the XRP Ledger is up 4% in the last day to a current price of $2.32 as Bitcoin and Ethereum both gained…
Validators are the backbone of PoS blockchains, but centralization and compromises can threaten their integrity, security and user trust Source: https://cointelegraph.com/explained/how-validator-compromises-threaten-defi-security?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Weak, Silk Road BTC Approved for Sale, Market top worries. BTC continues to fall, many altcoins down 10%+. US approved to sell $6.5bn Silk road BTC. BTC ETFs see second biggest outflow ever. 75% chance of market top: Ansem. Kraken, a16z execs in running for CFTC chair. Oklahoma senator introduces BTC Freedom Act. Outgoing CFTC chair still pushing crypto…
Circle, the institution behind the issuance of USDC, the second-largest stablecoin in the cryptocurrency market, has donated $1 million to the inaugural fund of President Trump. Circle joins other tech giants like Microsoft and Google, which have also recently announced donations. Circle Pledges $1 Million to President-Elect Trump’s Inaugural Fund Big tech and crypto have […] Source: https://news.bitcoin.com/circle-joins-big-tech-in-donating-1-million-to-trumps-record-inaugural-fund/
Elon Musk is backing off his promise to slash $2 trillion in U.S. government spending as co-head of the Department of Government Efficiency, or DOGE—which, yes, shares its acronym with the ticker of Dogecoin, Elon Musk’s favorite cryptocurrency—shortly after the budget-slashing target raised eyebrows among experts on Capitol Hill. In an interview with political strategist Mark Penn on Wednesday, Musk…
