President-elect Donald Trump launched a digital token over the weekend that drew billions in trading volume initially. However, it plunged on Monday before his inauguration, disrupting the crypto market. The Official Trump ($TRUMP) token launched on Solana on Jan. 18…
The Siberian power firm Irkutsk Energosbyt says it wants to prosecute around 400 “illegal” crypto miners. And the provider says that illegal miners in the oblast have already “stolen $6.3 million worth of power from the grid.” Per the Russian…
A South Korean crypto exchange operator has been sentenced to four years in prison after a court found them guilty of “leaking military secrets” to North Korean hackers in exchange for Bitcoin (BTC) payments. Chosun Ilbo reported that a 42-year-old…
Ethereum co-founder Vitalik Buterin has announced significant leadership changes at the Ethereum Foundation, aiming to prioritize technical expertise and strengthen collaboration with developers in the ecosystem. The announcement, made on January 18 via an X post, outlined a vision to…
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Nova Labs, the creator of the open-source Helium Network, just days before SEC Chair Gary Gensler is set to step down on January 20. Gensler, a vocal critic…
A coin named Official Trump ($TRUMP) launched on Solana at 2am UTC today and has rocketed to a fully diluted market capitalization of $18 billion, although 80% of supply is locked, so is it a scam? At press time the…
Donald Trump’s official social media accounts have created a stir by promoting a Solana-based meme coin called “Official Trump (TRUMP),” just days before his second presidential inauguration on Jan. 20. The posts, shared on Jan. 18 via X (formerly Twitter)…
Brian Armstrong, CEO of Coinbase, has publicly endorsed a proposal for global leaders to establish Bitcoin strategic reserves. In a Jan. 17 blog post discussing “economic freedom,” Armstrong highlighted cryptocurrencies as “the next chapter of capitalism” and outlined steps for…
Wyoming Representative Jacob Wasserburger introduced HB0201, the “State Funds-Investment in Bitcoin Act,” on Friday, proposing the creation of a strategic Bitcoin reserve. Wyoming took its first bold step toward a strategic bitcoin reserve! Thank you Rep. Wasserburger for introducing legislation…
The U.S. Securities and Exchange Commission (SEC) announced enforcement actions against Digital Currency Group (DCG) and its subsidiary Genesis on Friday, citing violations of securities laws. The SEC accused DCG and Genesis of defrauding investors through misrepresentation, resulting in penalties…