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Trump Backs 1M Bitcoin Reserve: Lummis’ BITCOIN Act Unveiled

Senator Lummis Reveals Trump’s Backing for 1 Million Bitcoin Strategic Reserve Senator Cynthia Lummis has dropped a bombshell in the crypto world, revealing that former President Donald Trump supports her BITCOIN Act. This proposed legislation aims to establish a strategic reserve of 1 million Bitcoins for the U.S. government over the next five years. But […]

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Google Wallet Adopts ZKPs for Privacy-Focused Age Verification

Privacy shouldn’t be a luxury: Google adds ZKPs to Wallet for age checks Google has integrated zero-knowledge proofs (ZKPs) into Google Wallet, marking a significant step towards mainstream adoption of privacy-enhancing technologies. This feature allows age verification for online services without sharing personal details, powered by Google’s Digital Credential API. Google plans to open-source this […]

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Polygon Founder Predicts Thousands of Niche Blockchains with Agglayer Unification

Polygon Founder Envisions a Future of Thousands of Niche Blockchains Sandeep Nailwal, the visionary founder of Polygon, predicts a future where the blockchain landscape is dominated by thousands of custom-built, application-specific blockchains (appchains). These specialized networks are designed to cater to highly specific use cases, offering unparalleled customization and functionality. To ensure these myriad chains […]

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Texas Lawmaker Proposes Crypto ATMs in Federal Buildings to Boost Adoption and Education

Texas Lawmaker Pushes for Crypto ATMs in Federal Buildings: Modernizing Public Infrastructure Proposal aims to modernize public infrastructure. Enhances financial access and public education on cryptocurrencies. Emphasizes stringent security measures to combat fraud. Texas Representative Lance Gooden is championing a move to install crypto ATMs in federal buildings across the U.S., aiming to propel cryptocurrency […]

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Ripple’s $20B Bid for Circle: Shaping the Future of USDC and Stablecoins

Ripple’s $20 Billion Bid for Circle: Impact on USDC and the Crypto Market Ripple’s reported $20 billion offer to acquire Circle, the issuer of the stablecoin USDC, has ignited discussions about the future of stablecoins and the strategic maneuvers of major industry players. Ripple’s $20B offer for Circle Circle’s IPO plans and valuation Coinbase’s stake […]

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MOVE Token Scandal: Pump-and-Dump Scheme Exposed, Binance and Coinbase React

How MOVE’s Contracts Turned a Pump and Dump Into a Legal Agreement The MOVE token, once a promising cryptocurrency, has been rocked by a scandal that highlights the dark underbelly of the crypto world. A meticulous investigation revealed that insiders at Movement Labs orchestrated a pump-and-dump scheme through legal contracts, backed by venture capitalists and […]

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UK FCA Proposes Ban on Crypto Purchases with Debt to Protect Investors

3 May 2025 Daily Feed , ,

UK’s Financial Conduct Authority Proposes Ban on Buying Crypto with Debt The UK’s Financial Conduct Authority (FCA) has proposed a ban on purchasing crypto assets with borrowed money, aiming to protect retail investors from the volatile crypto market while fostering responsible growth. FCA bans crypto purchases with debt Restrictions on high-risk lending platforms Crypto firms […]

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Sam Altman’s World ID Teams Up with Match Group to Fight Catfishing in Japan

Swiping Right Just Got Safer: Sam Altman’s World Project and Match Group Team Up Against Catfishing Iris-scanning technology is set to revolutionize online dating as Sam Altman’s World project collaborates with Match Group, the powerhouse behind apps like Tinder and Hinge. This partnership aims to combat the widespread issue of catfishing by integrating World’s “World […]

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U.S. Treasury Sanctions Huione Group for Laundering $4 Billion Tied to North Korea

U.S. Treasury Targets Huione Group: Sanctions Over North Korea Crypto Laundering Ties The U.S. Department of the Treasury has implemented sanctions to sever the Cambodia-based Huione Group’s access to the U.S. financial system, citing its involvement in laundering billions of dollars linked to North Korean cybercrime and online fraud schemes. U.S. Treasury aims to block […]

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Tokenization Struggles with Functionality and Regulation: Can It Reach Trillions by 2030?

Tokenization’s Promise: A Reality Check for Real Growth Tokenization, the buzzword that’s been heralded as the future of asset management, is facing a harsh reality check. Despite the hype, it’s struggling to prove its worth to investors due to practical functionality issues and a patchwork of regulatory hurdles. Yet, with projections of reaching trillions in […]

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Kraken Foils North Korea Hacker’s Job Scam, Highlights Crypto Cybersecurity Needs

Kraken Thwarts North Korea-Backed Hacker’s Job Application Scheme Kraken, a leading cryptocurrency exchange, successfully thwarted an infiltration attempt by a North Korea-backed hacker who applied for a job posing as an engineer. The hacker’s deception was uncovered during the interview process, highlighting the growing trend of state-sponsored cyber attacks targeting the crypto industry. North Korea-backed […]

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John Bollinger Alerts Investors to Crypto Scam Using His Name, Urges Vigilance

John Bollinger Warns Investors About Crypto Scam Impersonating Him John Bollinger, the mind behind Bollinger Bands, issues a stark warning: “Never, never accept solicitations on my behalf!” as a cunning crypto scam swindles victims out of thousands. John Bollinger warns about a scam using his name. Scammers operate under “Diamond Ridge Asset Management.” Victim reportedly […]

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SEC Dismisses Lawsuit Against Ian Balina: A Shift in Crypto Regulation?

SEC Drops Case Against Crypto Influencer Ian Balina: A Victory for the Crypto Community? – SEC dismisses lawsuit against Ian Balina related to unregistered securities sales of SPRK tokens. – Case dates back to 2022, with allegations of Balina promoting and reselling tokens without proper registration. – Court in May 2024 ruled SPRK tokens as […]

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Trump’s Policies Squeeze US Bitcoin Miners Despite High Prices

The Miners’ Paradox: Why Trump’s Era Isn’t Golden for US Bitcoin Firms In a striking contrast to President Donald Trump’s vocal support for cryptocurrencies, the US Bitcoin mining industry is facing significant challenges in the first quarter of 2025. Despite Bitcoin prices reaching record highs, most major US public miners are projected to report substantial […]

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Michael Saylor’s Strategy Targets $84 Billion Bitcoin Investment: Corporate Crypto Move

Michael Saylor’s Strategy Aims for $84 Billion Bitcoin Investment: Corporate Bitcoin Strategy Explained Michael Saylor, the visionary behind Strategy (formerly MicroStrategy), has announced an ambitious plan to invest $84 billion in Bitcoin, doubling down on his belief in the cryptocurrency as the future of corporate reserves. This bold strategy not only showcases Saylor’s unwavering faith […]

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U.S. Treasury Targets Huione Group for Alleged $4B Crypto Laundering Scheme

U.S. Treasury Proposes Rule to Block Huione Group Over Alleged $4 Billion Crypto Laundering The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) has taken decisive action against the Cambodian conglomerate, Huione Group, labeling it a “major target for money laundering investigations” due to its alleged involvement in laundering over $4 billion in illicit funds. This […]

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Ethereum’s Buterin Outlines Plan to Maximize Usage and Ensure Decentralization

Ethereum’s Buterin Unveils Twofold Vision for the Future Vitalik Buterin, Ethereum’s co-founder, alongside Ethereum Foundation President Aya Miyaguchi, has outlined a bold vision focused on maximizing usage and ensuring the platform’s resilience and decentralization. Ethereum Foundation’s goals: maximize usage and ensure resilience and decentralization. Usage driven by tokenized assets, DeFi, and decentralized social media. Resilience […]

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Cardano’s Nikhil Joshi Urges Strategic Tokenization Over Hype

Cardano Insider Nikhil Joshi Debunks Key Tokenization Myths Nikhil Joshi, the Chief Operating Officer at EMURGO and a pivotal figure in the Cardano ecosystem, is bringing a dose of reality to the hype surrounding tokenization. Joshi warns against the rush to tokenize everything, advocating instead for a strategic approach that prioritizes real utility over speculative […]

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Celsius Founder Alex Mashinsky Charged with $4.7B Fraud, Faces 30 Years

Celsius Founder Faces Up to 30 Years for $4.7B Crypto Fraud, DOJ Says Alex Mashinsky, the founder of Celsius Network, faces up to 30 years in prison for orchestrating a $4.7 billion cryptocurrency fraud scheme, according to the U.S. Department of Justice. This case underscores the urgent need for regulatory oversight in the cryptocurrency industry. […]

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Australia Targets 427 Inactive Crypto Exchanges to Fight Scams and Money Laundering

Australia Cracks Down on Inactive Crypto Exchanges to Combat Scams and Money Laundering In a bold move to combat criminal activities within the cryptocurrency sector, Australia’s financial intelligence agency, the Australian Transaction Reports and Analysis Centre (AUSTRAC), is intensifying its efforts. AUSTRAC is targeting inactive digital currency exchanges, warning them to update their status or […]

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