Ohio Proposes Groundbreaking Bitcoin Reserve Bill, Following Texas and Pennsylvania
Ohio House Bill 703 could make the state the third in the US to hold Bitcoin in government reserves, as lawmakers seek protection against dollar devaluation. The Ohio Bitcoin Reserve Act, introduced by Republican leader Derek Merrin, aims to authorize state treasury Bitcoin investments while promoting financial innovation.
Crypto Scammer Impersonates Uber Drivers to Steal $300K in Digital Assets
A sophisticated cryptocurrency theft scheme in Scottsdale led to the arrest of a man who stole $300,000 by posing as an Uber driver and accessing victims' phones. The case highlights an emerging trend of in-person crypto robberies, with 19 documented cases worldwide in the past year.
Trump's Strategic Bitcoin Reserve Plan Propels BTC to Record $106,000
Bitcoin surges past $106,000 as Donald Trump proposes creating a U.S. cryptocurrency strategic reserve, marking a dramatic shift in his stance on digital assets. The rally coincides with MicroStrategy's upcoming Nasdaq 100 inclusion and growing government adoption worldwide.
Bitcoin Millionaire Launches $2M National Treasure Hunt with Historical Artifacts
A Bitcoin millionaire has hidden five treasure chests worth $2 million across America, containing priceless historical artifacts like ancient Greek gold and Jackie O's jewelry. Jon Collins-Black's treasure hunt aims to get people outdoors while offering clues through his new book.
Trump's Bitcoin Reserve Plan Could Drive Cryptocurrency to $800,000
Former President Trump confirms plans for a U.S. strategic bitcoin reserve if re-elected, sparking predictions of a $15 trillion market surge. The initiative, supported by Republican legislation and coinciding with similar Russian plans, could trigger a global 'bitcoin cold war' as nations race to accumulate cryptocurrency reserves.
US States Pioneer Bitcoin Reserve Legislation in Historic Financial Shift
Texas and Pennsylvania lead groundbreaking initiatives to incorporate Bitcoin into state treasury reserves, with legislation allowing up to 10% investment in cryptocurrency. The movement gains momentum as more states consider similar measures, potentially reshaping government finance while boosting Bitcoin adoption and mining innovation.
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.
Binance CEO Downplays U.S. Return Despite Trump's Crypto-Friendly Signals
Binance CEO Richard Teng dismisses speculation about re-entering the U.S. market, despite positive crypto signals from the incoming Trump administration. The exchange remains focused on global expansion following its $4.3B settlement with U.S. authorities in 2023.
Gold Advocate Peter Schiff Denounces Bitcoin as National Security Threat
Euro Pacific Funds chief Peter Schiff escalates his criticism of Bitcoin, labeling it a national security threat amid discussions of government-held reserves. His concerns focus on potential misuse of public funds for Bitcoin purchases, despite the cryptocurrency's recent surge past $100,000.