Pennsylvania lawmaker introduces bill for ‘strategic Bitcoin reserve’

Currently facing multiple lawsuits, cryptocurrency stablecoin issuer Tether (USDT) received a request from prosecutors asking for consolidation, combining three lawsuits into one, which Tether has not denied.“We did not oppose the plaintiffs’ requests to combine these frivolous claims, originally filed, respectively, in October in New York, in November in Washington and in January in New…

Ether price must still overcome the key $2,700 resistance before positioning for a breakout above $3,000 in Q4 2024.

Bitcoin (BTC) futures trading on the Intercontinental Exchange (ICE)’s Bakkt platform will expand to include a cash-settled option, COO Adam White has revealed.Speaking at the Invest: NYC conference on Nov. 12, White reportedly stated that Bakkt “has the intention of offering a cash-settled contract as well” as its existing Bitcoin-settled product. Customer demand spurring product developmentAccording…

California-based luxury electric car manufacturer Karma Automotive has begun accepting digital currency as a means of payment at one of its stores in Newport Beach.Karma Newport Beach now enables customers to pay in Bitcoin (BTC) for new vehicle purchases and related services, according to a company press release on Oct. 15. Announcing the new offering,…

IBM has released its blockchain main net out of its data center located in Melbourne, Australia. This will purportedly allow their customers to run their applications on the company's cloud, according to an article published on news outlet ZDNet on Feb 11.The IBM platform was built on Hyperledger Fabric. Hyperledger is a project that aims…

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Chinese police have arrested three “highly experienced” hackers suspected of stealing up to 600 million yuan (around $87.3 million) in crypto, local news outlet Xinhua reported August 18. The alarm was reportedly first raised by an individual identified by the surname Zhang, who is said to have first filed his complaint March 30 with local…

CoinMarketCap, a major source of prices and volumetric data on crypto markets, has revealed plans for its first-ever acquisition in a press release shared with Cointelegaph on June 26The United States-based company is acquiring electronic crypto trading fund Hashtag Capital in order to expand its efforts within its Data Accountability & Transparency Alliance (DATA), an…

As artificial intelligence (AI) continues to permeate various sectors worldwide, the music industry has been receptive to its transformative capabilities while remaining cautious about the risks to artists. In a recent survey released by the private music studio house Pirate, 53% of respondents said they have “concerns about how their audience might perceive music created with the