Bitcoin Magazine CEO David Bailey hinted that the U.S. Department of Justice (DOJ) might be secretly selling Bitcoin seized from the Silk Road case, possibly causing the recent market drop. In a March 10 post on X, Bailey hinted that despite former President Donald Trump’s pro-Bitcoin stance, the DOJ may have already begun selling its
Everly Cooper
The announcement of a U.S. Crypto Strategic Reserve has sparked controversy, with critics accusing crypto czar David Sacks of potential conflicts of interest. However, Gemini cofounder Cameron Winklevoss has stepped in to defend Sacks, revealing that he could miss out on nearly $1 billion in potential gains by divesting from crypto. Sacks confirmed that he
Gemini Cofounder Estimates David Sacks’ Missed Crypto Gains Over Four Years
Ethereum’s sluggish price performance has puzzled many investors this cycle, but Sonic Labs co-founder Andre Cronje believes he has the answer. The DeFi godfather attributes Ethereum’s struggles to growing competition from Solana and Tron, internal inefficiencies, and a failing scaling roadmap. Cronje took to X to outline key reasons behind Ethereum’s price struggles, despite the
Andre Cronje Explains Why Ethereum Is Underperforming This Cycle
Tron founder Justin Sun radiates confidence as he predicts that TRX will reach a new all-time high (ATH) in the coming months. Despite current market uncertainties, Sun believes TRX has the momentum and fundamentals to surge past previous records. Barely three months after TRX hit its ATH of $0.44 in December 2024, Sun is again
Justin Sun Predicts New All-Time High for TRX Price
In a dramatic turn of events, George Bachiashvili, a former aide to Georgia’s ex-Prime Minister Bidzina Ivanishvili, has fled the country amid accusations of embezzling thousands of Bitcoin. The case, which intertwines politics, high finance, and cryptocurrency, has sent shockwaves through Georgia’s legal and financial circles, raising questions about regulatory oversight and political influence in
A Case of Bitcoin Embezzlement in the Georgian Executive
A business dispute between Yescoin founder Zhang Chi, also known as Zoroo, and his partner, Wang Mouxin (OldWang), has escalated into a criminal case, leading to Zhang’s detention by Shanghai police. The shocking development has rattled the Yescoin community, raising concerns about the project’s stability and future within the Telegram Open Network (TON) ecosystem. Yescoin,
Yescoin Founder Zhang Chi Detained Amid a Business Dispute in China
Bitcoin exchange-traded funds (ETFs) witnessed staggering outflows of nearly $370 million on March 7, reflecting a sharp shift in investor sentiment following the U.S. government’s latest move on Bitcoin reserves. The sell-off comes in response to former President Donald Trump’s executive order establishing a U.S. Strategic Bitcoin Reserve, a decision that, while significant, left traders
US Bitcoin Reserves Trigger $370M ETF Outflows
Coinbase is demanding transparency from the U.S. Securities and Exchange Commission (SEC), filing a Freedom of Information Act (FOIA) request to uncover how much the agency has spent on enforcement actions against crypto firms. In a March 3 statement on X, Coinbase Chief Legal Officer Paul Grewal confirmed that the exchange formally requested details on
Coinbase Files FOIA Request to Uncover SEC’s Crypto Crackdown Costs
In a bold bipartisan move, U.S. Representatives Ritchie Torres (D-NY) and Tom Emmer (R-MN) have launched the Congressional Crypto Caucus, aiming to drive regulatory clarity and support innovation in the digital asset industry. The initiative comes as lawmakers push to shape the future of crypto legislation in the U.S. The newly formed Congressional Crypto Caucus
Reps. Torres & Emmer Launch Congressional Crypto Caucus
A surge in Dogecoin mining demand has left China-based Intchains scrambling to fulfill orders after Donald Trump’s election victory and Elon Musk’s appointment as head of the Department of Government Efficiency (DOGE). With Dogecoin prices spiking in late 2024, the company is now playing catch-up as meme coin mining gains renewed interest. Dogecoin’s Election-Driven Rally
Intchains Ramps Up Dogecoin Miner Production Amid Musk Surge
The rapid rise of AI-powered blockchain applications is facing a stark reality check as Virtuals Protocol, once a promising platform for AI-driven virtual entities, has seen its daily trading revenue nosedive by 96.8%. Despite an ambitious expansion from Coinbase’s Ethereum layer-2 Base to Solana, the platform’s revenue collapse raises serious questions about the long-term viability
Virtuals Protocol Revenue Plunges 97% as AI Agent Demand Declines
Sky’s new blockchain integration project, Polaris, is set to revolutionize cross-chain connectivity by eliminating inefficiencies and enhancing security. Leveraging an agent framework, Polaris aims to expand blockchain infrastructure capabilities by fostering greater efficiency, security, and cross-chain connectivity. Polaris: A New Era for Blockchain Integration Polaris is designed as a modular and scalable solution that enables