Hacked? Donald Trump Launches Memecoin Days Before Inauguration

“It’s time to celebrate everything we stand for,” Trump said. “Have fun.” Trump Memecoin Skyrockets to $13B Market Cap Hours After Launch Incoming president Donald Trump launched his TRUMP memecoin late Friday evening on Solana just three days before his inauguration. According to the token’s official website – gettrumpmemes.com – 200 million TRUMP tokens will …

Oklahoma Lawmaker Proposes Bitcoin Reserve Act to Protect State Finances

A proposed Oklahoma bill seeks to integrate bitcoin into state savings and pensions, aiming to safeguard purchasing power and position the state as a leader in digital assets. State Finances Meet Bitcoin: Oklahoma Lawmaker’s Strategic Reserve Plan Oklahoma State Rep. Cody Maynard announced on Wednesday that he has introduced the Strategic Bitcoin Reserve Act, proposing …

Russia and Iran Unite to Completely Replace SWIFT With Alternative Payment System

Russia and Iran are forging a confidential financial system to replace SWIFT, signaling a bold move to bypass Western dominance and reshape global economic power dynamics. Russia and Iran Deepen Ties in Push to Abandon SWIFT Completely Russia and Iran are collaborating to establish a secure financial messaging system as an alternative to the SWIFT …

Bitcoin Primed To Hit New All-Time High in Next Leg Up, According to Crypto Analyst – Here’s His Target

A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC). The analyst and trader pseudonymously known as Bluntz tells his 309,200 followers on the social media platform X that Bitcoin has witnessed “savage price action” after falling to around $89,200 and then quickly recovering. According to the analyst, Bitcoin is primed to …

‘Official’ Solana-Based Trump Memecoin Instantly Hits $2,950,000,000 Market Cap

Crypto traders are debating whether Donald Trump’s social media passwords have been cracked, as the President-elect’s accounts tout the launch of his “official” memecoin. The memecoin launch announcement hit Trump’s social media platform Truth Social first, and was posted on X shortly thereafter. The new coin is built on the Solana network, and has already …

Wintermute reports 240% surge in institutional crypto trading via OTC in 2024

Crypto trading firm and market maker Wintermute registered a 240% yearly growth in traditional finance firms’ activity in its over-the-counter (OTC) trading desk, according to a Jan. 17 report. Traditional financial institutions played a pivotal role in reshaping OTC trading in 2024. The report pointed to improved regulatory clarity and evolving policy frameworks as confidence …

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

An expert in applied cryptography has argued that zero-knowledge proofs offer a promising solution for balancing privacy and regulatory compliance in blockchain technology. Low Computational Power Limits ZKPs Use Cases Zero-knowledge proofs (ZKPs) can provide blockchains with privacy without sacrificing regulatory compliance, according to Nanak Nihal Singh Khalsa, co-founder of Holonym. This capability makes ZKPs …

Microstrategy to Issue Additional Shares to Fund Bitcoin Purchase

Microstrategy plans to use unique shares expansion model to raise more funds for the acquisition of bitcoin. Michael Saylor Still Wants More Bitcoin Microstrategy intends to expand its authorized class A common stock from 330 million shares to 10.30 billion shares to facilitate the company’s extensive bitcoin acquisitions, according to Bloomberg. The plan is expected …

Crypto Comeback: VC Investments Soar 46% in Q4 2024

In Q4 2024, venture capital (VC) firms invested $3.5 billion into crypto and blockchain startups, a 46% increase from the previous quarter. 2024: Weakest Year for Crypto VC Fundraising Venture capital (VC) firms poured $3.5 billion into crypto and blockchain-focused startups in the last quarter of 2024. The investment, 46% higher than the previous quarter, …

Report: Ted Cruz Aims to Target Crypto Tax Rule With CRA Resolution 

Axios reports that Sen. Ted Cruz, a Republican from Texas, plans to wield the Congressional Review Act (CRA) next week to challenge a tax regulation that infringes on the rights of cryptocurrency brokers. This move is seen not just as a procedural tactic but as a principled stand against the expanding reach of governmental authority …

Major Swiss Bank Expands Crypto Offerings With Ethereum Staking

Swiss state-owned bank Post Finance AG has expanded its digital-asset offering by introducing staking for ethereum (ETH), allowing holders to earn passive income. The bank plans to add staking for other tokens soon. Post Finance, which started trading and custody services for cryptocurrencies nearly a year ago, is the first systemically important bank to offer …

US Treasury Department Exposed As Chinese Hackers Breach 400 Devices, Including Janet Yellen’s Computer: Report

Chinese state-sponsored hackers have breached hundreds of devices at the US Treasury Department, according to a new report. The attackers accessed 400 laptop and desktop computers at the department including Treasury Secretary Janet Yellen’s computer, reports Bloomberg, citing two people familiar with the matter. An early investigation has found employee usernames and passwords were accessed, …

‘Phantom Hacker’ Drains $20,000 From Bank of America Account – Now the Bank Refuses To Reimburse: Report

Bank of America says a customer is out of luck after a “phantom hacker” drained $20,000 from her account. Chicago-based business owner Milan Jackson says it all started when she received a phone call from someone who claimed to work at the bank, reports ABC 7. The man on the phone said someone was trying …

XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

Solana (SOL) and XRP both outperformed the overall crypto market on Thursday amid a report that President-elect Donald Trump is thinking about establishing an “America First” strategic crypto reserve. The New York Post, citing anonymous sources, reports that Trump is “receptive” to the idea of a national strategic reserve with Solana, XRP and the stablecoin …

Bitcoin Price Forecast Of $150,000 ‘Too Low’ Amid Rising Adoption, Crypto Trader Says

Este artículo también está disponible en español. As Bitcoin (BTC) surges past $100,000 once again, edging closer to a new all-time high (ATH), most crypto analysts predict the premier cryptocurrency will peak around $150,000 during this market cycle. However, some experts argue that such a target is “too low” for BTC, considering its growing adoption …

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