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The U.S. Treasury’s Office of Foreign Assets Control has imposed sanctions on two individuals and a company in the United Arab Emirates for facilitating North Korea’s illicit use of digital assets. The sanctions target Lu Huaying and Zhang Jian, both…
U.S. President-elect Donald Trump decided to pick Paul Atkins as the chairman of the SEC last week; now, the commissioner has urged for crypto reform. Securities and Exchange Commission (SEC) commissioner Hester Pierce calls for the next government to reform…
Bill Dudley, the former chief of the New York Fed, warned against holding Bitcoin as a reserve and urged a focus on regulation. Dudley criticized a proposed federal Bitcoin (BTC) reserve championed by Donald Trump during his presidential campaign. In…
BTC
Bitcoin
Trump aims to build more crypto-friendly regulations under his administration by creating a new crypto position in the White House; he picked David Sacks. U.S. President-elect Donald Trump announced that venture capitalist Craft Ventures David Sacks will be the White…
A wallet linked to the U.S. government has moved nearly $2 billion worth of Bitcoin to a new address, according to blockchain intelligence and on-chain data platform Arkham. Per Akham, the transfer of nearly 20,000 Bitcoin (BTC) happened on Dec.…
BTC
Bitcoin
Bhutan, the Himalayan kingdom renowned for its happiness index, has seen its Bitcoin holdings surge to over $1 billion as the crypto market rallies. Arkham, in data shared via X on Nov. 11, revealed that the Royal Government of Bhutan’s…
BTC
Bitcoin
Florida Chief Financial Officer Jimmy Patronis revealed that the state holds approximately $800 million in crypto-related investments as part of its portfolio, a position he discussed during a CNBC interview. Patronis emphasized Florida’s commitment to exploring cryptocurrency as a viable…
BTC
Bitcoin
The United States Treasury reported that stablecoin adoption and crypto volatility could increase T-Bill demand as digital asset growth continues. The U.S. Treasury acknowledged a boom in blockchain use and cryptocurrency investment in its Fiscal Year 2024 Q4 report. Stablecoins,…
Crypto hackers behind an exploit of U.S. government wallets returned the bulk of the funds stolen less than 24 hours after the initial attack. Fear of Uncle Sam or good faith from bad actors? In a bizarre turn of events,…
U.S. government crypto wallets may be compromised, as observers alerted the public to suspicious on-chain transactions. According to Arkham, unknown hackers have possibly stolen $20 million in seized cryptocurrencies like Ethereum (ETH), Tether (USDT), and Circle USD Coin (USDC) from…
Bhutan, a country with a population of under one million, ranks as the world’s fourth-largest sovereign Bitcoin owner. According to Arkham, the Kingdom of Bhutan holds over 13,000 Bitcoin (BTC) tokens valued at over $750 million as of Sept. 16.…
BTC
Bitcoin
The battle over free speech won’t be fought over the administrator of a platform censoring or not censoring information and being arrested or not arrested.
El Salvador’s President, Nayib Bukele, defended his country’s groundbreaking decision to adopt Bitcoin as legal tender, emphasizing its impact on the nation’s global image and economic opportunities. In a recent interview with Time Magazine, Bukele highlighted Bitcoin’s (BTC) benefits to…
BTC
Bitcoin
Crypto corporations have become the dominant force in federal election spending, spending over $119 million to influence the U.S. election outcome. According to a report by the non-profit organization Public Citizen, nearly half of all corporate money contributed to this…
XRP
XRP
Scott Johnsson, a general partner and general counsel at Van Buren Capital, believes the U.S. government’s recent move to transfer Bitcoin linked to the defunct Silk Road online marketplace to a Coinbase address means the funds are on the verge…
BTC
Bitcoin
Blockchain and cryptocurrency have offered Ukraine significant advantages despite the constant concerns from crypto skeptics.