Rosemina J.

Michigan has become the latest U.S. state to propose a strategic Bitcoin reserve bill, joining a growing list of 20 states considering cryptocurrency-backed financial policies. The bill, HB 4087, was introduced on February 13 by Representatives Bryan Posthumus and Ron Robinson, aiming to amend the state’s Management and Budget Act to establish a Bitcoin (BTC)

A Gibraltar court has frozen $7 million worth of cryptocurrency belonging to Web3 gaming firm Ready Makers Inc., as part of an ongoing legal battle between the US-based Ready Makers (Ready Games) and its Gibraltar subsidiary, Ready Maker (Gibraltar) Limited. The dispute centers around allegations that the subsidiary’s CEO, Christina Macedo, unlawfully took control of

A chilling case of crypto-related crime has surfaced in Chicago, where six men have been charged for allegedly kidnapping a family and their nanny before coercing them into transferring $15 million in cryptocurrency. The incident shows the rising security risks tied to digital assets and the lengths criminals are willing to go to exploit wealthy

The Wyoming Highway Patrol Association (WHPA) is considering integrating Bitcoin into its balance sheet, marking a significant step toward cryptocurrency adoption within labor unions and law enforcement associations. The initiative, launched in partnership with Bitcoin education platform Proof of Workforce, aligns with efforts to educate unions, pension funds, and workers on the long-term benefits of

Austrian cryptocurrency platform Bitpanda has announced its expansion into the United Kingdom after securing regulatory approval from the Financial Conduct Authority (FCA). This move marks a significant milestone for the firm, allowing it to offer over 500 crypto assets to UK investors and enhance its presence in a key financial market. What This Means for

Goldman Sachs is making a bold bet on crypto, doubling down on Bitcoin and Ethereum ETFs with a multi-billion-dollar investment in Q4 2024. According to the firm’s February 11 Form 13F filing with the SEC, Goldman’s Bitcoin ETF holdings surged by 114% to $1.52 billion, while its Ether ETF exposure skyrocketed by 2,000%, reaching $476

Tokyo-listed mobile gaming company Gumi Inc. has announced a strategic investment into Bitcoin, committing 1 billion Japanese yen (approximately $6.58 million) to purchase the digital asset. The move, set to take place between February and May 2024, reflects Gumi’s broader push into blockchain technology and Web3 initiatives. Gumi’s Expansion into Crypto and Web3 Gumi, known

The BNB Chain-based memecoin launch platform Four.Meme has become the latest victim of a security exploit, with hackers siphoning off approximately $183,000 worth of digital assets. The incident, which occurred on February 11, underscores the increasing vulnerabilities within the memecoin sector, as opportunistic attackers target the growing liquidity in meme-based tokens. How the Hack Unfolded

A South Korean court has acquitted lawmaker Kim Nam-kuk of allegations that he deliberately concealed cryptocurrency holdings, ruling that he was not legally required to disclose virtual assets under the country’s laws at the time. The decision has sparked discussions about political accountability, regulatory gaps in crypto disclosure, and legal precedents for South Korean lawmakers

In a controversial move, Russell Vought, appointed by former U.S. President Donald Trump as the acting head of the Consumer Financial Protection Bureau (CFPB), has announced a funding freeze and the suspension of the agency’s regulatory oversight activities. The decision has sparked criticism, with opponents arguing that it weakens consumer financial protections while potentially benefiting

Elon Musk’s Department of Government Efficiency (DOGE) has already saved $36.7 billion for U.S. taxpayers, igniting discussions among crypto industry leaders about the potential of blockchain technology to enhance government spending transparency. According to Doge-tracker data, these savings represent just 1.8% of Musk’s $2 trillion cost-cutting goal, a plan he outlined during a January 9