The working group established under the EO will explore federal regulations for stablecoins and a national digital asset stockpile. Source: https://cointelegraph.com/news/trump-signs-executive-order-working-group-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author: Crypto Superhero
Trump Executive Order Paves Way for Federal Crypto Reserve—But Doesn’t Mention Bitcoin
President Donald Trump signed his first crypto-related executive order on Thursday, formally establishing a Presidential Working Group on Digital Asset Markets and laying the groundwork for exploring some of his campaign promises—including potentially establishing a national reserve for Bitcoin and other assets. The Presidential Working Group will advise Trump on matters related to crypto policy and inform his decision-making with…
Phemex Hacked: Over $29 Million Stolen Across Multiple Blockchains
Blockchain security firm Cyvers said its systems detected multiple suspicious transactions involving Phemex’s hot wallets across several chains. Cyvers estimated that digital assets worth more than $29 million were transferred by suspicious addresses on chains including BNB, ETH, OP, POL, BASE, and ARB. In its Jan. 23 alert, the security firm noted that the suspicious […] Source: https://news.bitcoin.com/phemex-hacked-over-29-million-stolen-across-multiple-blockchains/
BlackRock CEO wants SEC to ‘rapidly approve’ tokenization of bonds, stocks: What it means for crypto
BlackRock CEO Larry Fink said he’s “a huge believer in crypto” and urged the SEC to “rapidly approve” asset tokenization. Is this a net positive for the crypto sector? Source: https://cointelegraph.com/news/black-rock-ceo-wants-sec-to-rapidly-approve-tokenization-of-bonds-stocks-what-it-means-for-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Blockstream launches two Bitcoin investment funds
Institutional demand for high-yield Bitcoin funds is growing following the successful launch of BTC ETFs. Source: https://cointelegraph.com/news/blockstream-launches-two-bitcoin-investment-funds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump promises to make US ’world capital’ of AI, crypto at Davos
The virtual speech to the World Economic Forum reiterated Donald Trump’s pledge to an audience at a July 2024 Bitcoin conference. Source: https://cointelegraph.com/news/donald-trump-davos-world-capital-ai-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ivanka Trump Slams ‘Unauthorized’ Meme Coin as Donald’s Solana Token Slumps
Ivanka Trump denounced an unauthorized meme coin project on Thursday with purported ties to her name and brand, insisting that it’s not the real deal. President Donald Trump’s daughter said in an X (formerly Twitter) post that she had “no involvement” with the token that debuted this week. The businesswoman’s legal team is “pursuing measures” against the altcoin’s creators, she…
John McAfee’s widow launches memecoin, but some suspect a scam
Janice McAfee and Vine co-founder Rus Yusupov are the latest to ride in the memecoin wave, raising scam fears. Source: https://cointelegraph.com/news/memecoin-john-mcafee-widow-launches-token-scam?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Taiwan to Unveil Draft Bill Allowing Banks to Issue Stablecoins
The Taiwanese financial regulator plans to unveil a draft bill for virtual asset service providers (VASPs) in June, which includes a proposal allowing banks to issue stablecoins. Joint Management of Stablecoins The Taiwanese Financial Supervisory Commission (FSC) is set to unveil a draft bill for virtual asset service providers (VASPs) in June. According to a […] Source: https://news.bitcoin.com/taiwan-to-unveil-draft-bill-allowing-banks-to-issue-stablecoins/
Cardano Foundation research shows ‘fundamental shift’ in blockchain use
The majority of projects involved the authenticity vertical, establishing confirmed identity and legitimacy through secure verification. Source: https://cointelegraph.com/news/cardano-foundation-research-ecosystem-guide?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound