Business

Bitcoin may be at risk due to a new quantum math trick that breaks digital ownership

Not everything in bitcoin is at risk from a quantum computer. Bitcoin mining, the process by which new blocks are added to the blockchain, uses a form of math called hashing that quantum computers cannot meaningfully break. The ledger itself and the rule that new bitcoin can only be created through mining would survive a […]

Bitcoin may be at risk due to a new quantum math trick that breaks digital ownership Read More »

How SpaceX’s $75 billion IPO could drain the liquidity that has lifted bitcoin

One of the biggest stock market debuts in history is six weeks away, and crypto is sitting in the same pool of liquidity that it will attract interest from. SpaceX filed a confidential S-1 with the SEC earlier this month seeking a $75 billion capital raise at a $1.75 trillion valuation. If it prices anywhere

How SpaceX’s $75 billion IPO could drain the liquidity that has lifted bitcoin Read More »

Ripple-linked XRP stalls near $1.44 as ‘triangle squeeze’ nears breakout

XRP is stuck just below resistance, but the price action is starting to lean one way. Every push higher gets sold, but every pullback gets shallower. It tells you that sellers are still active, but they are losing control little by little. When that balance shifts, the move that follows is usually swift and decisive.

Ripple-linked XRP stalls near $1.44 as ‘triangle squeeze’ nears breakout Read More »

The US CFTC adds New York to a number of states it is suing to stop market prediction kickbacks

The U.S. Commodity Futures Trading Commission sued New York on Friday in its latest move to protect what the agency has argued is its unassailable nationwide regulatory authority over prediction market firms. Earlier this week, New York sued Coinbase and Gemini, arguing that their prediction market contracts violated state gambling laws. And last year, the

The US CFTC adds New York to a number of states it is suing to stop market prediction kickbacks Read More »

BTC on track for best month in a year amid $5 billion USDT surge

Bitcoin BTC$77,625.55 held above $77,000 on Friday, consolidating after hitting its strongest level since early February earlier this week. The largest cryptocurrency is up about 13.6% in April, putting it on track for its best monthly performance in a year, according to CoinGlass data. The rebound follows a rough stretch, with crypto markets logging their

BTC on track for best month in a year amid $5 billion USDT surge Read More »

In – New York Times

A federal judge on Thursday imposed sanctions against a prominent sexual harassment law firm, one of the firm’s lawyers and an unnamed woman who said in a lawsuit that she was sexually abused by billionaire investor Leon Black when she was a teenager. In a scathing 76-page ruling, US Judge Jessica GL Clarke, of the

In – New York Times Read More »

Tether Freezes $344 Million USDT Amid US ‘Financial Fury’ Against Iran’s Regime

The U.S. Treasury Department said Friday that a $344 million cryptocurrency freeze is part of its latest effort to disrupt financial networks linked to Iran. Treasury Secretary Scott Bessent said in an X post that Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning several crypto wallets linked to Iran, resulting in the freezing of

Tether Freezes $344 Million USDT Amid US ‘Financial Fury’ Against Iran’s Regime Read More »

Tether Freezes $344 Million USDT Amid US ‘Financial Fury’ Against Iran’s Regime

The U.S. Treasury Department said Friday that a $344 million cryptocurrency freeze is part of its latest effort to disrupt financial networks linked to Iran. Treasury Secretary Scott Bessent said in an X post that Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning several crypto wallets linked to Iran, resulting in the freezing of

Tether Freezes $344 Million USDT Amid US ‘Financial Fury’ Against Iran’s Regime Read More »

Bitmine (BMNR) buys 10,000 ETH for $23.8M from Ethereum Foundation

Bitmine Immersion Technologies (BMNR) said it is buying 10,000 ether (ETH) from the Ethereum Foundation, adding to its growing position as the largest digital asset finance company following the bitcoin-centric strategy (MSTR). The terms of the over-the-counter transaction were finalized on Friday and are worth $23.87 million, the Ethereum Foundation said in an X filing.

Bitmine (BMNR) buys 10,000 ETH for $23.8M from Ethereum Foundation Read More »

Trump’s DOJ drops investigation that stood in the way of the president’s pick to lead the Federal Reserve

President Donald Trump’s command of US financial and economic policy may have moved a step closer now that his Justice Department has receded from an investigation into Federal Reserve Chairman Jerome Powell, meaning his nominee to replace Powell may now have an open path to confirmation. Fed chairman nominee Kevin Warsh, whose own considerable wealth

Trump’s DOJ drops investigation that stood in the way of the president’s pick to lead the Federal Reserve Read More »

Scroll to Top