The White House recently announced a plan to create a "bitcoin strategic reserve. " This means the U. S. government will gather all the bitcoin it has seized through various legal actions and keep it as a reserve. Think of it like a big piggy bank for digital currency. The idea is that this reserve
In the bustling city of Singapore, a major event brought together some of the biggest names in business, investment, and policy. The focus? The heated global trade war, the future of cryptocurrencies, and the thriving business of sports. The event kicked off with a former UK Prime Minister,
Khamzat Chimaev, a UFC fighter, recently found himself in hot water over his involvement with a crypto coin called SMASH. The coin's value skyrocketed after Chimaev promoted it, but within a day, it plummeted. This left many investors with significant losses. Crypto detective ZachXBT uncovered that
Abu Dhabi is diving headfirst into the world of cryptocurrency. The Middle Eastern country's investment firm, MGX, is putting $2 billion into Binance, the world's largest crypto exchange. This isn't just any investment; it's the biggest single investment ever made in crypto. The deal is a big ste
Scammers are having a field day. In 2024, the U. S. Federal Trade Commission (FTC) received 2. 6 million reports of fraud. The total losses? A staggering $12. 5 billion. This is a huge increase from the $2. 5 billion lost in 2023. The most common way people lost money was through social media. Scamm
The U. S. government just made a big move in the world of cryptocurrency. President Trump signed an executive order to create a strategic reserve of Bitcoin. This reserve will be filled with Bitcoin that the government already owns, not new purchases. This news caused a bit of a stir in the crypto c
The crypto world is buzzing with a major announcement from the White House. President Trump has just established a federal stockpile of Bitcoin and other cryptocurrencies. This move is a big deal, marking the first time the U. S. government has recognized digital currencies as a strategic reserve, s
Garantex, a Russian crypto exchange, has had a rough week. On Thursday, Tether locked away about $28 million of Garantex's funds. At the same time, an international law enforcement operation, led by the U. S. Secret Service, took down Garantex's websites. Garantex didn't mention this operation to it
The US government might be planning to boost its Bitcoin holdings. This isn't just about having more digital gold. It's about keeping up with other countries, especially China. Samson Mow, a big name in the Bitcoin world, thinks the US won't sit back and let China lead in Bitcoin holdings. He believ
The U. S. government has made a bold move to shake up the crypto world. They are setting up a digital stockpile of cryptocurrencies, including Bitcoin, Ethereum, XRP, Solana, and Cardano. This plan aims to maximize the value of these digital assets, which the U. S. government already owns.
