'I put most of my wealth into Bitcoin, so I am fully committed' — RFK
RFK Jr. has been a longtime Bitcoin advocate, praising its power to transmute currency inflation as US government debt tops $36 trillion.
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Data shows the Bitcoin mining bear market has a ways to go
Bitcoin (BTC) mining is the backbone of the BTC ecosystem and miners’ returns also provide insight into BTC’s price movements and the health of the wider crypto sector.It is well-documented that Bitcoin miners are struggling in the current bear market. Blockstream, a leading Bitcoin miner recently raised funds at a 70% discount. Current mining activity…

Platypus DeFi loses $2.2M in another flash loan exploit
The attack marks the third time Platypus has been exploited in 2023, with one incident taking $8.5 million in February and another taking $157,000 in July. 305 Total views 9 Total shares Decentralized finance (DeFi) protocol Platypus has lost over $2 million in assets after suffering another flash loan exploit on its platform. The protocol

Bitcoin price sells off after hot CPI print, but $100K remains in sight
Bitcoin corrects after a shocking CPI print, potential BTC miner sell pressure and concerning macroeconomic developments.

US Treasury-led CBDC Working Group looking at technical issues, national interest
Treasury Under Secretary for Domestic Finance Nellie Liang examined some of the design issues that would shape a potential U.S. digital dollar. 367 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe United States Treasury Department is continuing to consider design decisions relating to the introduction of a…

Ripple CEO: MoneyGram Using XRP a Bigger Deal Than Facebook’s Libra
Ripple CEO Brad Garlinghouse says the firm is looking into multiple investments and acquisitions following its $30 million partnership with MoneyGram this June.As Yahoo! Finance reported on Aug. 9, Ripple’s deal with MoneyGram — the second-largest remittances firm worldwide — saw it purchase a 10% stake in the entity, with an option to increase its…

Exodus of key staff from Aragon amid philosophical differences
It’s been a rough week for the Aragon governance platform where philosophical differences have brought about a long list of resignations.Aragon co-founder Jorge Izquierdo announced on Jan. 11 he would no longer be working as CEO of the for-profit Aragon One, a company dedicated to building tools and services related to Aragon. Aragon is an…

Bitcoin mining firm Bitmain reportedly fined for tax violations in China
Bitmain has reportedly failed to pay personal income taxes in accordance with China’s laws on the administration of tax collection. 557 Total views 1 Total shares Own this piece of history Collect this article as an NFTBeijing-based cryptocurrency mining firm Bitmain has reportedly violated tax regulations in China, with local authorities imposing major fines.Bitmain Technologies…

BlackRock says 1-2% a ‘reasonable’ Bitcoin portfolio allocation
The recommendation applies to investors who wish to hold Bitcoin, the asset manager said.