Congressman Matt Gaetz (R-Fla.) introduced legislation on June 25 that would require the IRS to begin accepting federal tax payments in Bitcoin. Gaetz emphasized the potential benefits of this “bold move” and said the bill will ensure that the US remains at the forefront of technological advancement. The Congressman said: “My groundbreaking legislation will modernize …
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Onchain Highlights DEFINITION: The Accumulation Trend Score is an indicator that reflects the relative size of entities that are actively accumulating coins on-chain in terms of their BTC holdings. The scale of the Accumulation Trend Score represents both the size of the entities balance (their participation score), and the amount of new coins they have …
The president of Germany’s central bank has highlighted the ongoing debate about the holding limit for the digital euro, Europe’s central bank digital currency (CBDC). He noted that recent Bundesbank research indicates that the optimal amount could be in the range of 1,500 to 2,500 digital euros per person. ‘The Jury Is Still Out Here’ …
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The White House has rehired Carole House, who helped develop President Joe Biden’s Executive Order on Ensuring Responsible Development of Digital Assets, as Special Advisor for Cybersecurity and Critical Infrastructure Policy at the National Security Council. Previously, House worked at the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN), leading efforts on cybersecurity and virtual currency …
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The mailing list provider used by the Ethereum Foundation for updates was compromised, resulting in a phishing email. Hackers are now using addresses from the breach to send fake emails. These fraudulent emails claim a collaboration between Ethereum and LIDO, promising a high annual percentage yield (APY) for staked assets. Recipients are urged to avoid …
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Argentina is reaping its first rewards in the fight against inflation, as a private consulting firm found that the inflation in food and beverages reached 0% during June’s third week. President Javier Milei celebrated this achievement, stating that his administration was rewriting economic theory and that he might receive the Nobel prize if successful. Javier …
Recent data from Glassnode provides a detailed analysis of bitcoin’s long-term holders (LTH) and their impact on the cryptocurrency market. In the latest onchain report, researchers highlight key metrics and behaviors of LTHs to understand supply and demand dynamics. Bitcoin Market Trends and Long-Term Holders Analyzed in the Latest Glassnode Report Glassnode’s analysis shows that …
Tether, the company that manages the issuance of USDT, the largest stablecoin of the crypto market, has announced a shift in its focus on providing support to blockchains based on community interest. The company announced it would stop minting USDT tokens in two blockchains, Eos and Algorand, starting June 24. Tether Announces Change to Community-Driven …
PRESS RELEASE. FatBoy, the project boosting the Talking Tom concept by offering real-world rewards, is excited to announce the upcoming presale of its token, $FATTY. Initially, the only way to buy the $FATTY token will be through the official website. The token will be available to the initial community at the lowest presale prices, aiming …
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Mike Flood, a second-term lawmaker from Nebraska, has played central casting in the effort to make Congress move on crypto policy.
Blockchain gaming, decentralized finance, and layer-2 platforms lagged behind newly emerging sectors and the current memecoin frenzy.
Donald Trump seems to have doubled down on digital assets after he was convicted of 34 felony counts in New York.
The government of Germany has been spotted moving eight figures worth of Bitcoin to crypto exchanges as BTC attempts a recovery from the $60,000 level. According to blockchain “de-anonymizing” platform Arkham, the Bitcoin wallet belonging to the German government has moved a total of 900 BTC in the last 24 hours. Arkham’s data shows the …
An infamous Russian hacker group claims it has successfully breached the U.S. Federal Reserve. Security researchers say the ransomware group LockBit claims it has accessed 33 terabytes of “juicy banking information containing Americans’ banking secrets.” The group says it’s holding the data hostage, demanding the Federal Reserve pay a bounty to keep the information under wraps. …
The messaging app Telegram is witnessing a rise in the number of Toncoin (TON) ecosystem-focused scams, according to a report by blockchain reporter Colin Wu. Citing the blockchain security firm SlowMist, Wu says that there are currently “many phishing attacks” occurring in the ecosystem of the layer-1 blockchain aided by Telegram. “Many phishing links (or …
