Senator Cynthia Lummis of Wyoming has announced a proposal to direct the U.S. Treasury to purchase 1 million bitcoins over a period of five years. This initiative, valued at approximately $68 billion at current prices, aims to counter the effects…
US Treasury Unit Proposes Enhanced Scrutiny of Cryptocurrency Mixers
Cryptocurrencies have revolutionized the global financial landscape, providing users with a secure and decentralized means of transacting. However, their inherent anonymity has also made them a potential tool for illicit activities, including money laundering and terrorist financing. In response to…
Coca-Cola Asked US Department of State’s Help to Combat Forced Labor using Blockchain
Coca-Cola together with two other firms has strike a deal with the U.S. State Department to fight forced labor all over the world through the use of blockchain’s digital ledger technology. The digital ledger will help create a secure registry…
IMF Chief Lagarde & United States Treasury Says Global Cryptocurrency Regulations are Inevitable
Author – Sam Reads, UK The head of the International Monetary Fund, Christine Lagarde, recently warned that the international community and regulators should take early action on the cryptocurrencies. She further said that digital currency regulations are “inevitable.” IMF purpose…
Crypto Hacks Reach $1.58 Billion as Market Values Rise
The world of cryptocurrency has always been a double-edged sword. While the decentralized nature of digital currencies offers a wealth of opportunities, it also presents significant risks, especially in the realm of cybersecurity. In 2024, the crypto industry has seen…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
