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Trump Administration Eyes Former CFTC Commissioner for Leadership Role
Brian Quintenz, former CFTC commissioner and current Andreessen Horowitz advisor, emerges as a top candidate to lead the CFTC under Trump's administration. His potential appointment signals a shift toward crypto-friendly regulation while balancing innovation and investor protection in digital assets.
Major Bitcoin ATM Data Breach Exposes 58,000 Users' Personal Information
A significant security breach at Byte Federal, a leading US Bitcoin ATM operator, has compromised sensitive data of 58,000 customers through a GitLab vulnerability. The incident exposed extensive personal information including government IDs and transaction records, prompting emergency security measures and raising concerns about cryptocurrency infrastructure security.
French Hill Takes Helm of House Financial Services Committee, Signaling New Era for Crypto Regulation
Republican Representative French Hill's appointment as chair of the House Financial Services Committee marks a pivotal moment for cryptocurrency legislation. With extensive fintech experience and bipartisan approach, Hill aims to prioritize stablecoin regulation and market structure reforms.
BlackRock Endorses Bitcoin: Drawing Parallels with Tech Giants and Recommending Strategic Portfolio Allocation
BlackRock, the world's largest asset manager, advocates for a 1-2% Bitcoin allocation in investment portfolios, comparing its risk profile to the 'Magnificent Seven' tech stocks. The firm's groundbreaking analysis suggests Bitcoin could serve as an independent risk driver while warning against larger allocations.
Chainlink Soars Past $28: Institutional Interest Drives Two-Year High
Chainlink's LINK token surges 20% to reach $28, its highest level since January 2022, with futures open interest hitting an all-time high of $770.27M. Large investors continue accumulating tokens while technical indicators suggest potential for further gains toward previous highs.
Critical 'DogeReaper' Exploit Crashes 69% of Dogecoin Network Nodes
A major security breach dubbed 'DogeReaper' struck the Dogecoin network, causing nearly 70% of active nodes to crash after an exploit by Andreas Kohl. Despite early warnings about the vulnerability, the flaw remained unpatched, though the network is now recovering with minimal price impact.
Australian Court Fines Kraken's Local Operator $8M for Unlicensed Credit Services
Bit Trade, operating Kraken crypto exchange in Australia, faces an $8M penalty for offering margin trading without proper regulatory compliance. The landmark case clarifies the regulatory treatment of cryptocurrency lending services and highlights increasing oversight of digital asset businesses.
Shiba Inu Surges: Analyst Predicts 180% Rally as Memecoin Market Heats Up
Shiba Inu (SHIB) shows strong momentum with an 8.5% rally and $1.5B trading volume, outperforming major cryptocurrencies. Technical analysis suggests potential upside to $0.81 as Shibarium network metrics demonstrate substantial growth and adoption.
Bitcoin Breaks $100K Milestone as Dogecoin Soars on Political Tailwinds
Bitcoin's historic surge past $100,000 has triggered a remarkable rally across cryptocurrencies, with Dogecoin emerging as a standout performer. Political developments, including Elon Musk's appointment to lead a new government department, have further propelled Dogecoin to dramatic new heights.