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Federal Authorities Open $7M Recovery Process for Cryptocurrency Fraud Victims
U.S. authorities have secured $7 million from cryptocurrency fraudsters who used fake trading platforms and social engineering to scam investors. Victims can now reclaim their lost funds through a formal government petition process to verify their claims.
Trump's Gold-to-Bitcoin Proposal: A New Era for US Reserve Assets?
Former President Trump's administration proposes converting government gold reserves to Bitcoin through a 'budget-neutral' approach, marking a significant shift in cryptocurrency policy. The controversial plan could reshape national reserve asset management while facing implementation challenges and market implications.
Solana Co-Founder Ignites Debate Over Blockchain Scaling Solutions
Anatoly Yakovenko, Solana's co-founder, sparks controversy by challenging Layer 2 scaling solutions and defending Layer 1 architectures. The dispute highlights fundamental challenges in balancing blockchain scalability, security, and decentralization as the industry seeks optimal solutions for mainstream adoption.
Crypto Security Arms Race: Ledger Warns of Evolving Threats in Digital Asset Protection
Ledger's chief experience officer highlights the ongoing battle between wallet providers and cybercriminals, with neither side gaining a clear advantage. As cryptocurrency adoption grows, scammers continue to succeed with both basic tricks and sophisticated schemes, resulting in billions in losses.
OneKey Hardware Wallet Unveils Major Update with Enhanced Solana Support
OneKey Classic releases firmware update 3.11.0 with expanded Solana blockchain capabilities and FIDO2 integration. The comprehensive update introduces new network support, improved Bluetooth connectivity, and German language localization while strengthening security features.
NFT Market Shows Mixed Signals as Sales Volume Declines Despite Surge in Participation
NFT sales volume dips to $100.9M with Bitcoin NFTs taking the biggest hit, dropping 30%. Despite the downturn, market engagement shows promise with significant increases in buyers, sellers and total transactions.
Hong Kong Investment Firm Expands Bitcoin Holdings with Strategic $858K Purchase
HK Asia Holdings has bolstered its cryptocurrency portfolio by acquiring 10 additional Bitcoin, bringing total holdings to 18.88 BTC valued at $1.72 million. The company's transparent investment approach has driven significant stock price gains while joining other public firms embracing Bitcoin as a hedge against fiat currency risks.
Bitcoin Whales Signal Market Caution as Sentiment Weakens Near All-Time Highs
Large Bitcoin holders are increasing exchange deposits while investor confidence deteriorates, creating uncertainty near record prices. However, continued ETF inflows and institutional buying could help stabilize the market amid profit-taking pressure.
Haun Ventures Targets $1B Fundraise with Dual Crypto Investment Funds
Venture capital firm Haun Ventures aims to raise $1 billion across two new cryptocurrency funds by June 2024. Founded by former Coinbase board member Katie Haun, the firm plans to split funding between early and late-stage investments amid evolving market conditions.