Satoshi Action Fund foundation is continuing to fight for Bitcoin and secure Bitcoin's place in U.S. Policy. In a recent tweet, Dennis Porter, the CEO and co-founder of Satoshi Action Fund shared that the organisation has raised $300,000 of its $500,000 fundraising goal, with two weeks remaining in the campaign.
XingChiThaksin Shinawatra has called for legalising online gambling and adopting cryptocurrencies in Thailand to boost government revenue and modernise the economy. The Thai government is already exploring cryptocurrency payments in Phuket and conducting trials of a central bank digital currency.
AnaisBitcoin’s mining difficulty has hit an all-time high of 110.45 trillion, making it harder to mine new blocks. Meanwhile, mining revenue has dropped nearly 20%, signaling economic pressure on miners.
WeatherlyAfter its attempts to convert Amazon and Microsoft, The National center for Public Policy Research is now coming for one of the biggest tech giants out there, Meta. But just like many of the other tech companies out there, Meta is saying no to the think-tank's proposal as this might harbour too much of a risk for the company in the long run.
XingChiJamie Dimon, CEO of JPMorgan, reiterated his skepticism about Bitcoin, calling it "useless" and without intrinsic value, while highlighting its use in illegal activities. Despite Bitcoin's rise in popularity, Dimon remains unconvinced of its legitimacy and long-term value in the financial landscape.
AnaisEl Salvador continues to buy Bitcoin, including a recent purchase of 11 BTC, increasing its total holdings to over 6,000 BTC. President Bukele has also expressed interest in acquiring Bitcoin seized by the U.S. government, further solidifying the country’s commitment to cryptocurrency.
AnaisAnalyst are speculating that with a little over a week before Donald Trump regains his title as the President of the United States, the outgoing Joe Biden administration might be desperate to to sell off all of the government-held Bitcoin to thwart Trump's plan of creating a Bitcoin reserve.
XingChiStandard Chartered has launched digital asset custody services in Luxembourg, focusing on Bitcoin and Ether, to cater to institutional investors in Europe.
WeatherlyA 24-year-old Dutch law student, once regarded as a crypto genius, was arrested this week after going into hiding after being harassed by investor. The man, who styled himself as a crypto banker, was pursued by his investors after his trading scheme collapsed, leaving around 300 people, including friends and family with losses totaling up to 4.5 million Euros.
XingChiThailand authorities broke into a Bitcoin mining farm in the wee hours of the night and confiscated nearly 1,000 Bitcoin mining machines during a raid on the site located in the Phanat Nikhom district of Chonburi.
XingChiRobert Kiyosaki warns of US dollar hyperinflation and advises investing in gold, silver, and Bitcoin as BRICS nations consider launching a gold-backed cryptocurrency.
AlexDespite his four-month prison sentence, Changpeng Zhao’s $33B personal net worth, which is set to keep growing, makes him the richest US inmate in history.
KikyoA crypto whale recovered $70M in assets stolen by phishing, highlighting cybersecurity measures and negotiation tactics.
MiyukiTether CEO Paolo Ardoino responds to Ripple's claims of US government targeting USDT, emphasizes Tether's global usage, regulatory compliance, and transparency with concerns on illicit financial activities.
WeiliangThe Metaverse offers both opportunities and challenges for religious institutions, with potential benefits including enhanced accessibility and inclusivity, while concerns revolve around the preservation of physical community and spiritual authenticity.
AnaisAnalysts from the research and brokerage firm Bernstein have highlighted the unexpected benefits that stable Bitcoin prices bring to cryptocurrency mining. Despite the current lack of significant fluctuations in Bitcoin's price, which hovers between $50,000 and $60,000, the situation has proven advantageous for mining operations, especially after Bitcoin's fourth halving on April 20.
AlexThe United States has declared that a cryptocurrency mining investment company with ties to China poses a threat to national security, and has ordered the firm to sell its property near an Air Force base in Wyoming. According to Reuters, this move comes as the U.S. increasingly worries about the national security risks posed by Chinese-led acquisitions of U.S. properties near sensitive military bases.
MiyukiFrom functional limitations to worries of privacy and security, China’s digital yuan faces adoption challenges during its trial phase. Is this e-currency doomed to fail?
CatherineRipple's CEO predicts US government scrutiny on Tether, sparking a clash between the two companies amidst Ripple's own stablecoin launch.
WeatherlyThe global race to define the future of money is intensifying, with over 130 countries and currency unions—accounting for 98% of the world's GDP—actively exploring CBDCs.
Kikyo