The list of states showing support for cryptocurrencies continues to grow Michigan lawmakers are considering the creation of a cryptocurrency reserve, joining a growing number of states exploring digital asset investments. A new bill, introduced by Representatives Bryan Posthumus and Ron Robinson, seeks to amend the state’s Management and Budget Act to allow the state
Texas is one of a handful of states that is becoming more serious about cryptocurrency Texas lawmakers have introduced a new bill aimed at creating a state-controlled Bitcoin reserve, positioning Texas as a leader in cryptocurrency adoption. Senate Bill 21 (SB 21), filed by Senator Charles Schwertner, builds upon a previous proposal and expands the
Crypto companies are ready to take advantage of the seemingly crypto-friendly US atmosphere BitGo, a cryptocurrency custodian, is reportedly considering an initial public offering (IPO) later this year. According to a recent report, the company is in discussions with investment banks about the possibility of going public in the second half of 2025, although no
The two will take a break for two months amid changes in the US approach to cryptocurrency The US Securities and Exchange Commission (SEC) and Binance have agreed to pause their ongoing legal battle for 60 days, marking a shift in the regulatory approach to cryptocurrency cases. The joint motion, filed yesterday, signals a potential
Goldstein reportedly lied about cryptocurrency wallets he still has in his possession High-stakes poker player and attorney Tom Goldstein has been taken back into custody in Maryland after a judge ruled that he posed a serious flight risk. Goldstein, who was previously out on bail following his indictment on tax-related charges, allegedly failed to disclose
A judge recently denied the suspect wallet’s owner access to the landfill A landfill site in Newport, Wales, linked to a long-running search for a lost Bitcoin fortune, is set to close within the next two years. The site, which has been in operation since the early 2000s, is nearing the end of its lifespan,
Missouri is one of a handful of states that appears to see greater value in cryptocurrencies Missouri has joined a growing list of states exploring the idea of holding Bitcoin as part of its financial strategy. Representative Ben Keathley recently introduced House Bill 1217, a proposal aimed at establishing a Bitcoin Strategic Reserve Fund to
It’s unclear if the Brazilian nationals will be able to pay the fine A US federal court has imposed more than $130 million in fines and restitution against the Brazilian founders of EmpiresX, a fraudulent cryptocurrency investment platform. The Commodity Futures Trading Commission (CFTC) announced the ruling, which includes permanent bans and financial penalties for
The network experienced technical issues on February 4 that caused transactions to freeze Ripple’s XRP Ledger has successfully recovered following a network halt that disrupted validations for over an hour. The issue began on February 4, when the blockchain froze at block height 93927174 for 64 minutes. Ripple’s Chief Technology Officer, David Schwartz, explained that
The two DeFi protocols lost over $65 million in the attacks A Canadian national, Andean Medjedovic, has been charged by US prosecutors for hacking into two decentralized finance (DeFi) protocols, KyberSwap and Indexed Finance, stealing around $65 million in the process. The Justice Department unsealed an indictment on February 3, 2025, in a Brooklyn federal
Satoshi Action Fund CEO Dennis Porter credits the state’s short legislative session Utah may soon become the first US state to approve the establishment of a Bitcoin reserve. This move could set a major precedent for cryptocurrency integration into public finance. The states will lead. 🇺🇸 pic.twitter.com/K8X7AL7OnX — Dennis Porter (@Dennis_Porter_) February 1, 2025 According
The state is one of a handful looking to embrace cryptocurrency more Arizona lawmakers have taken a significant step towards incorporating Bitcoin into the state’s financial strategy with the advancement of a new bill. The proposed legislation, known as the Strategic Bitcoin Reserve Act (SB1025), was passed by the Arizona State Senate Finance Committee on
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