Illinois pushes for strategic Bitcoin reserve with 5-year hodl strategy
Illinois’ HB1844 bill proposes a state-run Bitcoin reserve with a mandatory five-year holding period before allowing conversions or sales.
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BTC hash rate slumps amid seasonal miner migration in China
Analysts are anticipating Bitcoin’s second-largest negative difficulty adjustment of the year following the end of Sichuan’s rainy season. 1650 Total views 14 Total shares Mining data aggregators attribute a slump in Bitcoin’s hash rate to the end of the wet season in Sichuan, resulting in many miners migrating to other jurisdictions.On Oct. 26, Thomas Heller…

Crypto Anarchist Manifesto Author Tim May Dies of Natural Causes, Report
Cypherpunks co-founder Timothy C. May has reportedly died of natural causes, a Facebook eulogy posted by cypherpunk Lucky Green stated Dec. 15.In his social media post, Green informed:“Word has reached me that my dear friend, co-conspirator in many things and for many years, fellow Freedom Fighter Tim May passed away earlier this week at his…

Bybit removed from France’s AMF blacklist, eyes MiCA license
Bybit was removed from France’s AMF blacklist and now seeks a MiCA license for the EU, while still facing regulatory challenges in India and Malaysia.

Coinbase Will Allow Employees to Work Remotely After Lockdown
Coinbase will transition to a permanent “remote-first” future after the quarantine is over. 1160 Total views 47 Total shares U.S. crypto exchange Coinbase has announced it will transition to a “remote-first” workplace after the pandemic lockdown is over in an effort to guard against location-centric risks and to improve decentralization.In an open letter to all…

Wrapped Bitcoin supply drops to negative after 11,500 wBTC burn linked to Celsius
Wrapped Bitcoin garnered DeFi traders' support in the 2021-22 bull season, but the demand started to fade post numerous crypto contagions led to redemptions. 177 Total views 7 Total shares Own this piece of history Collect this article as an NFTThe supply of wrapped Bitcoin (wBTC) dropped to its lowest since May 2021 after the…

Analysts warn of further Bitcoin downside — Could BTC revisit $42K?
Despite the gloomy outlook, Bitcoin could prevent more downside pressure if it manages to remain above the $51,000 mark.

Weekend Wrap: Circle blacklists Lazarus, Ethereum researcher exits and more
Circle is the fourth stablecoin issuer to blacklist Lazarus Group-linked wallets, but a blockchain analyst has called out the firm for doing so months after other stablecoin issuers.

Serum price soars 140% in one week amid FTX ‘exit pump’ fears
Serum, a "decentralized exchange" on the Solana blockchain, has performed exceptionally well in terms of its SRM token price, despite it ties to the defunct FTX exchange.SRM price up 140% in one weekOn the daily chart, the SRM/USD pair has gained 140% in the last seven days, hitting $0.319 on Nov. 21 versus $0.177 on…