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Former Congressman McHenry to join a16z as senior adviser
Former Congressman Patrick McHenry, who advocated for crypto in the last few years of his political career, is joining VC firm a16z as a senior adviser.
Published on: February 26, 2025 | Source:
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Oklahoma advances Bitcoin reserve legislation as other states pause
Oklahomaβs effort to establish a state Bitcoin reserve took a step forward on Feb. 25 after the House Government Oversight Committee approved HB 1203, moving it to the full House for further debate. The Strategic Bitcoin Reserve Act, introduced by Rep. Cody Maynard in January, passed the committee with a 12-2 vote in favor. If [β¦] The post Oklahoma advances Bitcoin reserve legislation as other states pause appeared...
Published on: February 26, 2025 | Source:U.S. House Committee Advances Effort to Erase IRS' DeFi Tax Rule
A joint resolution in Congress seeks to reverse a December move by the IRS to impose a tax regime in DeFi, and the House has taken the first steps to do that.
Published on: February 26, 2025 | Source:We Now Know How Bybit Was Hacked for $1.4 Billion in Ethereum
Cybersecurity experts say that North Korean attackers exploited wallet provider Safe to perform the biggest crypto hack of all time on Bybit.
Published on: February 26, 2025 | Source:Treasury Secretary Scott Bessent Hires Galaxy Digital Counsel to Advise on Crypto
Tyler Williams previously served several roles in the U.S. government.
Published on: February 26, 2025 | Source:Bitcoin price dip sees short-term holders exiting with $1.7 billion in realized losses
On Feb. 25, Bitcoinβs price tumbled to a three-month low, falling below $90,000 as short-term holders offloaded their holdings amid bearish market sentiment. CryptoQuantβs data indicates that the Short-Term Holder Spent Output Profit Ratio (SOPR) fell below 1, signaling that these investors were selling at a loss. A SOPR reading below 1 suggests that short-term [β¦] The post Bitcoin price dip sees short-term holders...
Published on: February 26, 2025 | Source:Bank of America CEO mulls entering stablecoin business
BoAβs CEO said that pursuing innovative financial technology and maintaining physical branches are central to the bankβs business strategy.
Published on: February 26, 2025 | Source:South Korea Police Arrest Four Linked to Murder by Stabbing, Crypto Theft
βAvoiding this particularly high risk activity is quite simple: Don't engage in face-to-face trades," developer Jameson Lopp told Decrypt.
Published on: February 26, 2025 | Source:Bank of America Plans to Launch Stablecoin If Legislation Passes, Says CEO
Brian Moynihan said this week that a "Bank of America Coin" will launch if the United States passes stablecoin legislation.
Published on: February 26, 2025 | Source:Bank of America CEO Says Bank Will Likely Launch Its Own Stablecoin
The United States Congress said that it would push to pass legislation on stablecoins in the first 100 days of the Trump administration.
Published on: February 26, 2025 | Source:The U.S. War on Crypto Isnβt Over
The fact that the Trump administration has installed many crypto-friendly people in positions of power doesnβt mean that the industry will now get a free pass.
Published on: February 26, 2025 | Source:Strategy Is Down 50% From Its Highs. What Does It Mean for Its $43B Bitcoin Holdings?
Bitcoin's stumble begs the question asked during the last bear market: Is there a point at which Michael Saylor would be forced to liquidate part of the company's near-500,000 BTC stack?
Published on: February 26, 2025 | Source:Pump.fun X Account Hacked to Promote Fraudulent PUMP Solana Meme Coin
Solana meme coin launchpad Pump.fun had its social media account swiped Wednesday to promote an unofficial PUMP token that swiftly crashed.
Published on: February 26, 2025 | Source:Binance denies claims of dumping Ethereum and Solana
Binance refuted social media claims that it is offloading its Ethereum (ETH) and Solana (SOL) holdings. On Feb. 26, Binanceβs customer support team addressed the speculation on X (formerly Twitter), stating that the exchange is not engaging in large-scale token sales. The firm clarified that it functions solely as a marketplace that facilitates transactions, with [β¦] The post Binance denies claims of dumping Ethereum...
Published on: February 26, 2025 | Source:In Defense of the βMSTR Premiumβ
The premium given to the companyβs massive bitcoin holdings will exist as long as investors believe it will continue to increase the amount of its bitcoin held per share.
Published on: February 26, 2025 | Source:Stablecoin competition heats up as MEXC invests $20M in Ethenaβs USDe
USDe is a synthetic dollar stablecoin that has nearly $5.9 billion in circulation.
Published on: February 26, 2025 | Source:A Smarter Way to Crypto Diversification?
Institutional investors are increasingly allocating to crypto, but the key question is whether to focus solely on bitcoin or diversify across multiple cryptocurrencies to optimize risk-adjusted returns and portfolio resilience.
Published on: February 26, 2025 | Source:Oklahoma BTC reserve bill passes House Committee; other states reject
Oklahoma House Bill 1203, known as the Strategic Bitcoin Reserve Act, passed the House Committee on Feb. 25, moving to the floor.
Published on: February 26, 2025 | Source:Tornado Cash Dev Alexey Pertsev Gets $1 Million Donation From Ethereum Foundation
Tornado Cash dev Alexey Pertsev was convicted on money-laundering charges last year and is currently waiting to appeal his conviction.
Published on: February 26, 2025 | Source:One of 2 Remaining Democrats at U.S. CFTC Will Exit When New Chair Arrives
As the crypto industry awaits a surge in digital assets authority at the U.S. derivatives agency, Democrat Christy Goldsmith Romero plans to depart.
Published on: February 26, 2025 | Source:Bybit hack forensics show SafeWallet compromise led to stolen funds
Bybit and the SafeWallet developer confirmed that North Koreaβs Lazarus Group was behind the attack.
Published on: February 26, 2025 | Source:US financial giants Bank of America look to enter stablecoin market as PayPal advances PYUSD
Traditional financial giants Bank of America and PayPal are making bold moves in the stablecoin sector, signaling the rising institutional interest in the sector, which is worth over $200 billion. On Feb. 26, reports emerged that the Bank of America would introduce a stablecoin once the US regulatory landscape became apparent. At the same time, [β¦] The post US financial giants Bank of America look to enter stablecoin...
Published on: February 26, 2025 | Source:Ethereum considers Poseidon hash to boost zero-knowledge proof efficiency
Ethereum co-founder Vitalik Buterin is advocating for deeper research into the Poseidon hash function as the network explores ways to improve zero-knowledge (ZK) proof efficiency. In a Feb. 26 post on X, Buterin encouraged cryptographers to participate in a security analysis program for Poseidon while quoting a message that extended the funding application deadline to [β¦] The post Ethereum considers Poseidon hash to...
Published on: February 26, 2025 | Source:The Future of Crypto Enforcement in the U.S.
The SEC wonβt be giving up on enforcing crypto regulations, but what it focuses on will be different, writes a former head of the SECβs crypto unit.
Published on: February 26, 2025 | Source:Pump.funβs X account hacked β Users urged to avoid interaction
Pump.funβs X account was compromised on Feb. 26 to promote fake tokens, according to the platformβs team.
Published on: February 26, 2025 | Source:Crypto-Friendly Former Congressman Patrick McHenry Joins A16z as a Senior Advisor
McHenry announced his new role in a Wednesday X post, writing that he was βeager to help innovators navigate the policy landscape so they can build.β
Published on: February 26, 2025 | Source:Crypto-Stealing Malware Spread Through Fake GitHub Repositories, Kaspersky Warns
The GitVenom campaign targets developersβand once downloaded, can be used to deceive victims into transferring crypto.
Published on: February 26, 2025 | Source:Crypto neo-privateers could be the solution to hacks
After a 200-year hiatus, a modern privateer program would protect American entrepreneurs, enhance national security interests and play an essential role in reasserting American leadership in technology and innovation.
Published on: February 26, 2025 | Source:Gold-Back Cryptos Outperform as Precious Metal ETF Inflows Near Three-Year High
The price of gold is up nearly 11% so far in 2025 and 43% over the past 12 months.
Published on: February 26, 2025 | Source:Former CFTC lawyer says agency should take lead on memecoin regulations
The disagreement over whether the SEC or CFTC should regulate memecoins points to confusion arising from the lack of a clear regulatory framework for digital assets.
Published on: February 26, 2025 | Source:PayPal Wants 20 Million Merchants Using PYUSD Stablecoin by End of 2025
As PayPal plots how to grow PYUSD, it's also setting a target to grow its earnings 20% by 2027.
Published on: February 26, 2025 | Source:CoinDesk 20 Performance Update: Solana (SOL) Drops 5.6%, Leading Index Lower
Uniswap (UNI) was also among the underperformers, falling 4.3% from Tuesday.
Published on: February 26, 2025 | Source:MetaMask adds fiat off-ramp for 10 blockchains to improve crypto accessibility
The complex onboarding process is a major hurdle for reaching the first billion crypto users, industry watchers told Cointelegraph.
Published on: February 26, 2025 | Source:Delta Blockchain Founder Kavita Gupta Unveils Cross Chain Interoperability Startup
Inclusive Layer aims to abstract away technical friction and create liquidity aggregation between the Ethereum, Solana, Base, Polygon and Arbitrum blockchains.
Published on: February 26, 2025 | Source:Avalanche Visa Card Goes Live Aiming to Further the Mass Adoption of Crypto
Users can spend their Avalanche tokens (AVAX), wrapped AVAX as well as the USDT and USDC stablecoins at any store in person or online that takes Visa.
Published on: February 26, 2025 | Source: